Supply of and Demand for Parenthood Provisional Housing Scheme Flats
- Miss Cheng Li Hui asked the Minister for National Development about the current number of PPHS flats, households enrolled, and whether the 2017 rent reduction increased demand.
- The Minister, Lawrence Wong, stated there are about 800 PPHS flats with approximately 650 taken up.
- Since the rent reduction in March 2017, average applications for PPHS flats have increased by about 100%.
- The rent reduction also led to a roughly 30% increase in the take-up of PPHS flats.
- The debate highlights the relationship between rental adjustments and demand for provisional housing under the Parenthood Provisional Housing Scheme.