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A MoneySmart Mortgage Specialist will be contacting you to help you secure the best home loan in town.
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The Housing & Development Board (HDB) is Singapore's public housing authority. We plan and develop Singapore's housing estates; building homes and transforming towns to create a quality living environment for all. We provide various commercial, recreational, and social amenities in our towns for our residents’ convenience.
Established on 1 February 1960 during our nation’s housing crisis, we were tasked with providing sanitary living conditions to replace the prevalent unhygienic slums and crowded squatter settlements. We delivered, and built 21,000 flats in less than 3 years. By 1965, within a decade of our formation, we had built 54,000 flats.
Singapore's public housing has housed an entire nation – today, more than 1 million flats have been completed in 23 towns and 3 estates across the island. HDB flats are home to over 80% of Singapore's resident population, with about 90% of these resident households proudly owning their home.
For over 50 years, we have provided quality and affordable public housing for generations of Singaporeans, and we are proud to continue doing so.