The TODAY Youth Survey reveals that a majority of Singaporean youths aspire to own private property and expect to have better housing conditions than their parents.
When Mr J Parasuraman and his wife moved out of his parents’ three-room flat and bought his first house in 1986 from the HDB at the age of 29, he recalled having only one main consideration: to have more living space.
The latest edition of the TODAY Youth Survey found that eight in 10 youths said owning a private property is one of their life goals, and six in 10 expect to be better off than their parents in terms of housing.
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Singapore Youths Private Property Housing Aspirations