Mr Chua Kheng Wee Louis asked the Minister for National Development with regard to the Prime Location Public Housing (PLH) model (a) which planning areas or subzones are currently recognised for PLH; (b) which planning areas or subzones are expected to be earmarked for PLH by 2030; and (c) whether the Government has plans to impose ownership or sale restrictions on regular HDB flats within a certain vicinity of PLH flats.
Mr Desmond Lee: The Prime Location Public Housing (PLH) model was introduced to ensure that HDB flats, even in prime and central locations, remain affordable and accessible over time. The pilot site was launched at Rochor, located in the Central Area during the November 2021 BTO sales exercise.
The current intent is to apply the new model to selected public housing projects in central locations such as the city centre and surrounding areas, including the Greater Southern Waterfront, that have very high market values and would require significant additional subsidies to keep flats affordable. There is currently no defined boundary as MND and HDB will consider a range of factors, such as the project’s locational attributes and market values, before deciding whether to apply the PLH model to a particular site.
The PLH model is still new. As with all our housing policies, we will monitor and review the parameters of the scheme over time.
I also wish to assure the Member that the restrictions under the PLH model will not be retroactively applied to existing HDB flats, regardless of the proximity to PLH flats.
Ministry of National Development
12 January 2022