Singapore's housing model, where the government plays a dominating role in land ownership, property development, financing and other related aspects of society, has been held up numerous times as a path to affordability here in Canada.
A Harbour Air seaplane takes off past office and condo towers as a boat refuels at a floating Chevron station on the water, in Vancouver, on July 25, 2024. THE CANADIAN PRESS/Darryl DyckUrban planner Louisa-May Khoo says she got a sense of deja-vu when British Columbia Premier David Eby announced the BC Builds housing program earlier this year.
Singapore's housing model, where the government plays a dominating role in land ownership, property development, financing and other related aspects of society, has been held up numerous times by others such as Eby as a path to affordability here in Canada. The lack of land was compounded by an equal lack in adequate housing when Singapore gained self-governance from Great Britain in 1959.
The "tightly integrated land-housing supply and financing system" as described by Phang in the report resulted in Singapore having a 90-per-cent home-ownership rate since 1990. "Not only do we have the to say, 'OK, in 40 years, where do we see the country going?' We actually then break that plan down in development phasing called the master plan, so for every site, or every neighbourhood, the planning then becomes a lot more specific," Khoo said of Singapore's model.
For instance, Han said that besides eligibility rules limiting the purchase of public housing to citizens or permanent residents, the development board also has an ethnic integration policy and quotas that control the ethical mix in a community — down to the "block and neighbourhood levels." But she said the treatment of the workers doesn't seem to provoke enough outrage for the government to make changes.
Khoo also said critics cannot dismiss the complexity of Singapore's approach, and that experts spend decades fine-tuning every aspect in society to align with the housing policy. After 10 days in theatres, 'Deadpool & Wolverine' is already the highest-grossing R-rated movie ever, not accounting for inflation.
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