Pegging Affordability of HDB Flats to Median Household Incomes or Other Income Indicators

84 Mr Yip Hon Weng asked the Minister for National Development given that salaries within the 30th percentile and below are significantly less compared to the median percentile on the salary scale (a) whether affordability of HDB flats should be pegged to (i) median household incomes or (ii) other income or wealth indicators instead; and (b) if so, what will these be.

Mr Desmond Lee: Member Mr Yip Hon Weng's question on public housing affordability will be answered during the Parliamentary Sitting on 4 October, together with other Parliamentary Questions on public housing affordability. [Please refer to "Affordability of Rising Public Housing Prices and Impact of Prices on Marriage and Fertility Rates", Official Report, 04 October 2022, Vol 95, Issue 70, Oral Answers to Questions section.]