Guide to the Different Types of Housing in Singapore
Singapore offers a diverse range of housing options to cater to its multicultural population and varying budget needs. The types of housing can be broadly classified into the following categories:
1. HDB Flats
Housing and Development Board (HDB) flats are the most common form of public housing in Singapore. Approximately 80% of the population resides in HDB flats, which are designed to be affordable and accessible. HDB developments come in various configurations, including:
1-room flats: Compact living spaces typically suited for singles or elderly residents.
2 to 5-room flats: More spacious units suitable for families, with 5-room options providing three bedrooms and a larger living area.
HDB flats are often located in well-planned precincts that include amenities such as schools, parks, and shopping centres. Buyers are encouraged to meet specific eligibility criteria that include citizenship, family nucleus, and income ceilings.
2. Private Condominiums
Condominiums are private residential developments that offer more luxurious living compared to HDB flats. These properties often come with facilities such as swimming pools, gymnasiums, and 24-hour security. They can range from low-rise to high-rise towers and are generally located in desirable areas. Condominiums cater to a wide demographic, including expatriates and local professionals, with various sizes of units available, from one-bedroom apartments to penthouses.
3. Landed Properties
Landed properties refer to homes that come with their own land. This category includes:
Bungalows: Standalone houses typically featuring spacious grounds, often found in exclusive neighbourhoods.
Semi-Detached Houses: These properties are joined to another house on one side, offering a balance between land ownership and communal living.
Terrace Houses: Rows of houses that share side walls, providing a more affordable option while still allowing for individual ownership.
Landed properties are generally considered a status symbol, and their prices reflect this, often making them among the most expensive housing types in Singapore.
4. Executive Condominiums (EC)
Executive Condominiums (EC) are a hybrid between public and private housing, aimed at providing a more affordable option for first-time buyers who do not meet the financial and eligibility criteria for HDB flats. ECs are built by private developers but subsidised by the government. After a minimum occupation period, owners can sell their units in the open market, similar to private condominiums.
5. Service Apartments
Service apartments are fully furnished apartments available for both short-term and long-term stays. They cater to tourists and expatriates looking for a blend of hotel-like services and the comforts of home. These properties usually offer amenities such as cleaning services, fitness centres, and swimming pools.
6. Public Rental Flats
Public rental flats are offered by the HDB to low-income families and individuals who are unable to afford their own homes. These flats are typically smaller and are located in various public housing estates. The rental prices are subsidised, making this option accessible to the most financially vulnerable segments of the population.
7. Co-Living Spaces
Co-living spaces are an emerging trend in Singapore, targeting young professionals and digital nomads. These spaces offer shared living environments with private bedrooms and shared communal areas. Co-living arrangements often include utilities and internet in the rent, with added conveniences such as cleaning services and social events to foster community living.
Singapore moving tips
Singapore's housing landscape is characterised by a variety of options, each catering to different preferences and budgets. Whether seeking the affordability of HDB flats, the luxury of private condominiums, or the communal feel of co-living spaces, residents can find a suitable home to meet their needs.
