There are two kinds of housing in Singapore, one is private housing, accounting for about 20%, and the other is public housing, some people call it **HDB housing, and 80% of Singapore's low- and middle-income people live in this kind of public housing.
The average price of a public house** is about S$530,000 (2.48 million yuan) a set, which is higher in the city center and lower in the suburbs, with an average of S$5,511 per square meter (2.).40,000 RMB). The same private room** is more than twice as large as the public room**, with an average of about 70,000 RMB per square meter.
Singapore's GDP per capita in 2023 is the world's highest at 15$70,000 (21.)S$60,000), the per capita GDP of the United States in 2023 will be about 80,000 US dollars, and the per capita GDP of Chinese will be about 1370,000 US dollars, Shenzhen's per capita GDP in 2022 is about 2$40,000.
In 2022, Singapore's total population is about 5.64 million, only one-third of Shenzhen's population, and Singapore's area is 7332 square kilometers, only a little more than a third of the area of Shenzhen.
Singapore's per capita disposable income in 2022 is 4S$30,000 (210,000 RMB), the average second-hand housing in Shenzhen in 2022 is **650,000 square meters, Shenzhen's per capita disposable income is 7270,000 RMB.
Housing prices in Shenzhen are similar to those of private housing in Singapore**, but the per capita income and per capita GDP are much worse than those in Singapore, and public housing** in Singapore is very cheap. Therefore, it is very easy for Singaporeans to buy a public house or a private house, and the average young person can afford a three-bedroom public house after working for a few years.
The quality of Singapore's public rooms is guaranteed, similar to the quality of private rooms, with a beautiful environment and very complete functional facilities such as schools, medical care, shops, parks, sports and leisure venues, etc., and the public rooms are regularly maintained and renovated, with a minor repair in 5 years and a major repair in 10 years.
Singapore's public housing is built by **, only for Singapore citizens**, each household can only buy one set, and the income level can be set to make the corresponding purchase.
Singapore's public housing system has been planned from the very beginning, with the goal of "Home Ownership".
In Singapore, there is no such thing as property flipping.
Can China learn from the Singapore model now?What about a similar housing system?It's not that it's absolutely impossible, but it's more difficult.
First of all, China is too big, with a large population and a very different economic situation, which is not comparable to Singapore.
Secondly, because of the special geographical location of the Strait of Malacca, Singapore is economically wealthy, and has the financial ability to provide welfare housing for a population of only six or seven million, and the fiscal revenue can undertake the construction and management of public housing.
In addition, we have now formed a culture of speculation, and housing prices are already sky-high, how to carry out a hard landing or soft landing at present, is quite a tricky matter, and there is not much feasible plan to implement Singapore's public housing system.
In the next few years, some first-tier cities will carry out reasonable planning and overall layout, and learn from the Singapore model when housing prices are adjusted in place, which needs to be explored step by step.