How Singapore Solved Housing

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  • Опубликовано: 19 дек 2024

Комментарии • 6 тыс.

  • @samtcy
    @samtcy 4 года назад +5116

    I love my 4-room flat. We are located next to a school, right across a MRT train station, food courts, shops, market, clinics, fast foods...
    Both my husband and I don't even own driving licenses (nor feel the need to) since the MRT station is located just across the road from us.
    And yes, I love how safe Singapore is. I'm a female and I used to roam around my neighborhood at like 3am in the middle of the night to catch pokemons. lol.

    • @DadOfCall
      @DadOfCall 4 года назад +260

      Is Singapore a welcoming country to tourists/ visitors?

    • @kohyenni147
      @kohyenni147 4 года назад +293

      @@DadOfCall yes!

    • @kkuralina
      @kkuralina 4 года назад +123

      @@DadOfCall of course! 😊

    • @acheeyk
      @acheeyk 4 года назад +8

      New citizens,nothing to eat go back to where they are from........

    • @foreiveralone
      @foreiveralone 4 года назад +233

      @@DadOfCall International tourism is accounted for around 4.1% of Singapore's national GDP, with a direct contribution of $17.7 billion, it is still on the rise. Singapore heavily depends on tourism, which is why many people have lost jobs and are losing jobs in this field of work during the pandemic.

  • @redwater2439
    @redwater2439 3 года назад +5119

    Honestly as a singaporean, my biggest blessings (and curses) are that growing up, I never knew what tax and visa was because I’ve never had to apply for a travel visa or pay tax for anything I bought. I never feared staying out late as a women or experienced natural disasters or even thought about government corruption. Of course Singapore isn’t perfect, but I wouldn’t want to live anywhere else.

    • @remyworldpeace
      @remyworldpeace 3 года назад +95

      Majulah Singapura!

    • @n0ret82
      @n0ret82 3 года назад +217

      GST: am i a joke to you?

    • @kylejohnson6775
      @kylejohnson6775 3 года назад +153

      How hard is it to immigrate there as an American? Or anyone else, for that matter? As you can imagine, my faith in my government has been damaged profoundly since 2000

    • @prata6938
      @prata6938 3 года назад +97

      same lol. i didn’t know what a visa was until i was like in secondary school, even though i traveled a decent bit to the US, China, Korea, London, Thailand and Malaysia. I can’t rmb where else, but I would think normally, most countries would need visas to go at least one of those places

    • @aiahzohar5636
      @aiahzohar5636 3 года назад +71

      Amen, sistah! From the US--your worth-as-a-person is almost totally determined by how much money you have and, therefore, your value to the government and corporations.

  • @fayetan296
    @fayetan296 4 года назад +4821

    As a Singaporean, it makes me super proud to know that our government has done something considered impossible to the rest of the world. I am super proud of how far we had come, but where we are going to go still is a huge question.
    FYI, every five years, we repaint every single HDB in different colours, which is chosen via poll by that HDB's residents. It's always a fresh look and keeps the community excited about their own home

    • @andresiniesta9955
      @andresiniesta9955 4 года назад +252

      The painting also coincides near the elections.

    • @Misuci
      @Misuci 4 года назад +202

      @@andresiniesta9955 Yes, sure all 1 million, all painted just before election.

    • @Misuci
      @Misuci 4 года назад +101

      Hi Rosaline ! For me, a European, spent 20 years in California, Singapore is really interesting. I really want to know more about that country ! In my native country, that is Hungary, some of our leaders look at Singapore as an example, we should follow. I like the idea, and yet I am not sure that your wonderful people managed to solve one crucial problem, and that is a stable population, a population that is able to reproduce itself.

    • @1lyxbollyvykn714
      @1lyxbollyvykn714 4 года назад +123

      as a peruvian it surprises me how efficient the strategy of land ownership by goverment is. Noneless I believe that same strategy couldn't be applied elsewhere if we take into account bigger countries. I still love Singapore I consider it the city of the future and the 2 weeks I've spent there were lovely I fell in love with everything so efficient so clean so neat everything in place. And as a fact Gardens by the Bay is the most futuristic park I've ever been Singaporeans you have a wonderful country take care of it and be proud of your achievements

    • @nicholasnelson7365
      @nicholasnelson7365 4 года назад +16

      @@andresiniesta9955 and making Lee Hsien Loong a dictator is what Singaporeans want

  • @enhex
    @enhex 4 года назад +5428

    this amazes me two fold:
    that their government has to have such low level of corruption to pull that off, and that their leaders had so much foresight.

    • @xsomili5501
      @xsomili5501 4 года назад +543

      I was born and raised in sg and yea wow... ive never thought about gov corruption. And in school everytime we do leadership stuff. I feel like almost all of us try our best to lead and find best strategy etc. Mayhe cuz we are all so scared of losing lol

    • @ouroboros_on_the_orange
      @ouroboros_on_the_orange 4 года назад +172

      True...but imagine you were one of those people working hard your whole life, not enjoying the luxury to buy some land to live from it and government takes it away and gives you peanuts for it as a compensation.

    • @wannabewallaby1592
      @wannabewallaby1592 4 года назад +315

      it surprises me that some of the laws mentioned here can be heavily exploited and yet I don't think that happened and they succeeded greatly

    • @m136dalie
      @m136dalie 4 года назад +320

      Honestly I think a large reason Singapore can successfully pull things like this off is thanks to their hardline approach to corruption.

    • @engifaarliu9732
      @engifaarliu9732 4 года назад +227

      when you realize how much our ministers are paid, you will know why there isn't much corruption. Everything in Singapore is institutionalized, from housing to education to financial. Even if there is corruption, it can be easily phrased in a way that it is not. It's an authoritarian country with the illusion of freedom.

  • @ben.s.s
    @ben.s.s 4 года назад +4553

    I am honesty surprised how well researched this video is. Most videos I seen about Singapore are way off.
    You even capture many of the real social issues that you will probably need local context and talking to actual locals to understand.
    Definitely going to hit the bell and subscribed!

    • @TheBooban
      @TheBooban 4 года назад +49

      Agree, he’s very good.

    • @prometheus7387
      @prometheus7387 4 года назад +37

      I'm betting a huge influx of Singapore subscribers. I've been with Polymatter since about a year and a half ago.

    • @JohnnyBooi
      @JohnnyBooi 4 года назад +1

      IKR

    • @tjm.
      @tjm. 4 года назад +1

      I checked. You did not.
      Lolol. Okay you did. =D

    • @sarcasticlemon4116
      @sarcasticlemon4116 4 года назад +5

      Bruh the maps are wrong

  • @MarekSnip3r
    @MarekSnip3r 4 года назад +7792

    This should be a series "How (country) X Solved Y"

    • @aturchomicz821
      @aturchomicz821 4 года назад +165

      How Austria solved the morality of Electricity 🤗

    • @kaiwut
      @kaiwut 4 года назад +663

      How Germany Solved The Treaty Of Versailles

    • @thebonfireofgains
      @thebonfireofgains 4 года назад +23

      I concur

    • @8is
      @8is 4 года назад +81

      How Sweden solved the Coronavirus crisis.

    • @fionafiona1146
      @fionafiona1146 4 года назад +20

      @@kaiwut Germany gets too much attention when "just cause" for war was Austrian/Balkan conflicts were distracting.
      1918 politics weren't the most sensible either but had little choice, given the conference of Vienna and Marshall plan were unthinkable.

  • @Kodecco
    @Kodecco 4 года назад +2944

    This guy knows more about my country than me, who lived in the country for over 20 years

    • @TheBooban
      @TheBooban 4 года назад +78

      Indeed. He was very insightful. Ex PR here. He skipped how foreigners cant own houses though.

    • @DarkwearGT
      @DarkwearGT 4 года назад +23

      Its just
      U stupid

    • @Randi-h5q
      @Randi-h5q 4 года назад +138

      @@TheBooban not quite, it's more like they can't own a public housing apartment. But they can own private property, which can be very pricey, and hence only favour high income earners.

    • @TheBooban
      @TheBooban 4 года назад +6

      Randi Ang are you sure? that wasn’t how I remember it. I think they can buy a HDB, maybe not as cheap, but houses specifically, they cannot own. Private apartments, yes, definitely. Thats how I remember it. I think many countries are similar. Like in Thailand.

    • @Randi-h5q
      @Randi-h5q 4 года назад +29

      @@TheBooban absolutely. But to be precise, foreigners who are PRs may own a resale HDB flat; or co-own a new BTO flat with a Singaporean spouse. It's on the HDB website: www.hdb.gov.sg/cs/infoweb/residential/living-in-an-hdb-flat/changing-owners-occupiers/transfer-of-flat-ownership/eligibility

  • @Thekidisalright
    @Thekidisalright 3 года назад +244

    One additional information to add, although the lease of an HDB is 99 years, a clause in HDB terms and conditions stated that if the flat owner live beyond the years of the lease, he/she will be able to live in the flat until he/she pass on, even if the lease has expired.

    • @PunnamarajVinayakTejas
      @PunnamarajVinayakTejas 2 года назад +11

      So it's a lifetime lease

    • @nIrUbU01
      @nIrUbU01 Год назад +3

      @@PunnamarajVinayakTejas No, it can last way longer

    • @hengyuhen8603
      @hengyuhen8603 Год назад +12

      So, if u buy a flat with 50 years left in it's lease (built in 1974) when u are 24.
      Then u lived till 100, you'd pass the lease period by 25 years, that's acceptable?

    • @DylanDkoh
      @DylanDkoh Год назад

      @@hengyuhen8603not for resale, otherwise people will be selling leasing with 3 days left to 18 year olds

    • @AzjatyckiCukier
      @AzjatyckiCukier Год назад +6

      It is unlikely that a 100 year old building would be left without a re-development, so more likely you'd be moved to a diffirent estate.

  • @hb9504
    @hb9504 4 года назад +2396

    Singapore's success is very very hard to replicate. It requires a strong authoritarian government yet cares for the benefit of the people, the sheer size of the nation is also a critical issue. Singapore is a city nation which allows the central government to pose very strong control across the country, which is imaginable in other countries.
    That is why China did try to learn from Singapore, but failed.

    • @andylai8187
      @andylai8187 4 года назад +245

      China did not fail, but work-in-progress getting better and better of their own format.

    • @eHannahMontana
      @eHannahMontana 4 года назад +257

      this is literally china's playbook. its financial/economic foundation was literally built based on what deng Xiao ping learnt from lee Kuan yew.

    • @canto_v12
      @canto_v12 4 года назад +127

      @Stalin Steel China still struggles to contain its housing market with huge volatility and sudden extreme, nearly draconian changes in lending restrictions. While I wouldn't call it a failure, they are still learning many macroeconomic lessons that a smaller, geographically constrained country like Singapore could not possibly have taught them.

    • @tianpeixie2314
      @tianpeixie2314 4 года назад +23

      @@canto_v12 China mainly learns from HK though. It was not a good choice. Should learn from SG.

    • @canto_v12
      @canto_v12 4 года назад +203

      @@tianpeixie2314 Nobody should learn housing from HK. LOL

  • @DrBluefox
    @DrBluefox 4 года назад +6213

    Hong Kong: wait you guys are getting houses?

    • @Deady4u
      @Deady4u 4 года назад +58

      more like barbie doll houses

    • @oliverm1255
      @oliverm1255 4 года назад +166

      @@lores996 *China wants to know your location*

    • @kinfongyeung5400
      @kinfongyeung5400 4 года назад +33

      @@lores996 You sure don't get the joke don't you... smh

    • @zzzanon
      @zzzanon 4 года назад +5

      * getting leases on apartments

    • @cy9987
      @cy9987 4 года назад +108

      @Jonathan Williams Yea right as if Hong Kongers were not living in the same coffin rooms for decades during British rules loll
      Go back and read some history books will ya?

  • @emeraldvirgo
    @emeraldvirgo 4 года назад +475

    As someone with family living in singapore (public housing and detached houses), I can atest that their public housing has the best access to public transit, malls, libraries, hospitals, and some right next to beaches.

    • @akiokoh7481
      @akiokoh7481 4 года назад +7

      uhm as someone currently living in singapore.. best access? fuck no haha but its better than most other countries

    • @josogee
      @josogee 4 года назад +149

      @@akiokoh7481 As a Singaporean living overseas, Singapore's accessibility in terms of public amenities/ infrastructure is as close to perfection as you are going to get. I mean, walking from your home to the nearest train (MRT) station, in the pouring tropical rain without an umbrella and not getting drenched because there are sheltered walkways everywhere. Where else in the world are you going to find that?

    • @tjm.
      @tjm. 4 года назад +23

      @@akiokoh7481 accessibility should not be mistaken for reliability. So yes, in terms of urban planning, one could say the common folk staying in public housing in Singapore enjoys one of the best access there is to various transportation and other amenities. Apart from orchard district, Most markets, food centers and malls are all located near housing estates.

    • @XerrosNightscar
      @XerrosNightscar 4 года назад +5

      @@josogee You can just afford a fucking car overseas . Im a Singaporean living in Melbourne , i just drive wherever i want . I own my home which is near the beach and im just 30

    • @josogee
      @josogee 4 года назад +29

      @@XerrosNightscar Well, the the discussion is about accessibility of public housing and not affordability of private properties. You are in an excellent situation, so congratulations, but how many people in Australia can afford to be in the same position as yours truly? The last census revealed that around 8.75 million Australians do not own their own homes and Australia only has a population of 25 million.

  • @dee4174
    @dee4174 3 года назад +160

    We need to learn from this. I lived in Singapore for 4 years in the eighties. The flats I visited were small, but they were treated with such pride and respect by the residents. Their homes were lovely and their hospitality second to none. I went to ATT Secretarial school, which was in Tanglin then. Let down by the English comprehensive system, it was in Singapore that I learned how to learn! The patience of my tutors was endless. Thank you Singapore. You impacted my life for the good.

  • @hiyukelavie2396
    @hiyukelavie2396 4 года назад +1817

    No joke, the HDB is secretly one of the biggest reasons behind Singapore's success as a nation

    • @tjm.
      @tjm. 4 года назад +130

      Secretly not so secret. Just follow Maslow's hierarchy of needs and try not to fuck up the base to keep it stable. ;)

    • @boyan619
      @boyan619 4 года назад +9

      without SIT, EDB, JTC & HUDC there is NO hdb

    • @hiyukelavie2396
      @hiyukelavie2396 4 года назад +90

      @@boyan619
      EDB - 1961
      JTC - 1968
      HUDC - 1974
      SIT - 2009
      HDB - 1960
      Bruh

    • @tjm.
      @tjm. 4 года назад +22

      Muhd Sufian lolol. Just got burned bruh.
      It’s possibly the biggest, but not the only reason for success. All those things you mentioned came in to address various needs along the way. But making sure people have roofs over their heads, along with availability of job opportunities, and social order back then were the very fundamentals that we built our success on.

    • @Benjamin-wy4dj
      @Benjamin-wy4dj 4 года назад +2

      @Ummer Farooq oh?

  • @Towkeeyoh
    @Towkeeyoh 4 года назад +1003

    Dang, he even got that proposal “will you buy a house with me?” inside “joke”

    • @lzh4950
      @lzh4950 4 года назад +92

      In Singapore some people might be in a greater rush to date & marry too, before their salaries rise too much (since household income has to be

    • @luisam.7552
      @luisam.7552 4 года назад +24

      @@lzh4950 oooh please elaborate lol how does the datin program work

    • @lzh4950
      @lzh4950 4 года назад +65

      @@luisam.7552 The government organises various social activities e.g. wine-tasting I think where participants can get to know new people. IIRC they had quite strong outreach efforts to universities too; think it might be related to raising the country's birth rate. 1 possible concern I see with this program is that their participants might be stigmatised as social(ly) inept/rejects/'leftover' (& thus relying on external programmes to find their future date/spouse)

    • @codelyokofanful
      @codelyokofanful 4 года назад +5

      It should be Will buy bto with me? 😂😂

    • @Tungku66
      @Tungku66 4 года назад +30

      Actually it’s quite true. When I proposed to my girlfriend, I just told her that I am going to apply for a HDB flat.

  • @xaostek
    @xaostek 4 года назад +1098

    Singaporean here. The hypothetical city mentioned at 1:47 where housing is so prohibitively expensive that adult children are forced to live with their parents IS essentially what has happened here. Applying for HDB housing requires you to be either married, or be 35 years old and have another 35yo roommate to move in with, and private housing/rentals are just too expensive. With many of the societal problems/shifts the youth are facing (marrying early for the sake of housing is a truly depressing thought), it is overwhelmingly common and actually part of the culture to live with your parents well into adulthood. Obviously there are many many more societal problems that aren't covered by the scope of this video, but the line "It's no coincidence that the party that meticulously designed Singapore receives the vast majority of its votes" pretty much sums it up.

    • @flytrapYTP
      @flytrapYTP 4 года назад +73

      How are Singaporeans ashamed of living with their parents when Singapore's entire housing system encourages it?

    • @Zaza-ho5yy
      @Zaza-ho5yy 4 года назад +150

      35 years old can get their own flat. They don't need to share with another person. Just that the flat size is limited to 2 room if they buy from the government directly but there are no size restriction if they buy from the resale market. Also asians usually live with their parents until they're married unlike their western counterparts who leave their homes at age of 18. It's part of the Asian family values.

    • @XmasTree
      @XmasTree 4 года назад +111

      Well, here in Brazil it's not uncommon to live with your parents well into adulthood, it's culturally accepted. But even married people or people over the age of 35 often times can't buy a home because it's so expensive. It looks pretty good from where I see it.

    • @kareenkalani5383
      @kareenkalani5383 4 года назад +18

      It’s to encourage ppl to marry bc u can have a house to raise a family in

    • @aksharamiryala29
      @aksharamiryala29 3 года назад +67

      people living with their parents is much better than half citizen living in villas and the rest in unhygenic slums. And in Asia people always live with their parents even after they have kids. So i dont think its an issue when it is culturally accepted.

  • @hrpang
    @hrpang 3 года назад +403

    NGL, as a Singaporean, I did not realize how brutal HDB was in the 1990s. Like I believe it was an accident that a slum burnt down but immediately moving in to have a policy that lets them scoop up burnt land is incredibly efficient in the most iron fist way.

    • @alexanderphilip1809
      @alexanderphilip1809 3 года назад +41

      The guy who ran the country then ran it like an efficient corporation.

    • @jobansand
      @jobansand 2 года назад +24

      @@alexanderphilip1809 Seems more like a well run kingdom.

    • @coleball6001
      @coleball6001 2 года назад +8

      @@jobansand So a Family-Owned Corporation.

    • @weareallbornmad410
      @weareallbornmad410 2 года назад +36

      @@alexanderphilip1809 Not really. Corporation is aimed at profits for the owner, not the well being of emploees or anyone but the guy on top.

    • @htlow3598
      @htlow3598 2 года назад +2

      @ hrpang, I hope you did not imply slums were deliberately set on fire to clear land for HDB's development.

  • @Ludix147
    @Ludix147 4 года назад +423

    In Vienna, most people live in government-owned flats, too.
    In Stockholm, apartment leases are given out centrally, but they are owned by private companies.
    It might be interesting to do a more in-depth comparison of all these policies!

    • @mctavishsoap3815
      @mctavishsoap3815 4 года назад +2

      I have always been into public housing! Would definitely love to see the comparision

    • @caelansmith
      @caelansmith 4 года назад +1

      I'd be interested in seeing the comparison

    • @ulisirius9027
      @ulisirius9027 4 года назад

      In Russia most people live in their own dwelling.

    • @THEREALZENFORCE
      @THEREALZENFORCE 3 года назад

      So year by year, decades by decades the government gets wealthier due to housing prices inflation and the people don't get wealthier.
      Every flat owner or house owner in Luxembourg, yearly gets 10 to 14% richer on the worth of the home. Never will you make that 100000 to 180000 exponentially yearly value increase by savings.
      You got the bad deal in Vienna, Stockholm, Singapore in comparison :-)

    • @FINSuojeluskunta
      @FINSuojeluskunta 3 года назад +3

      @@THEREALZENFORCE The difference is that poor people are priced out in the latter situation so that the oldest and richest from all over the world can profit while the locals are pushed out. "The people" don't get wealthier, foreign investors and local elites do off of the poor classes. If you want a house go outside of the city proper where space isn't as scarce of a resource. Your grandma making bank off of her flat is an outlier scenario that won't be recurring. Her grandchildren will be off in serfdom unless it passes through the family. Whatever your overlords told you to make investors richer :), good slave mentality!

  • @SupremeLeaderKimJong-un
    @SupremeLeaderKimJong-un 4 года назад +2607

    PolyMatter: Singapore
    China: Phew I get a break

    • @lordyhgm9266
      @lordyhgm9266 4 года назад +140

      Catch that surgeon yet?

    • @rajawali5873
      @rajawali5873 4 года назад +113

      arent you like, you know, dead?

    • @leolau5026
      @leolau5026 4 года назад +51

      Not really,cuz the majority of Singapore’s population is Chinese

    • @nicholasnelson7365
      @nicholasnelson7365 4 года назад +11

      Pyongyang:rusty and old apartments

    • @HuangGengran
      @HuangGengran 4 года назад +13

      so you are still a live. BTY you sis is very cute

  • @george52066
    @george52066 4 года назад +2589

    Tbh if Singapore just let the market control housing, it would have ended up like HK.

    • @cydra-evolution5623
      @cydra-evolution5623 4 года назад +78

      The Government controls land there.

    • @TESkyrimizer
      @TESkyrimizer 4 года назад +346

      @@cydra-evolution5623 the government sells the land but the buyers determine what to build there

    • @emilia2411
      @emilia2411 4 года назад +94

      Also, HK has alot of mountains and hills, which make building difficult

    • @cydra-evolution5623
      @cydra-evolution5623 4 года назад +18

      @@TESkyrimizer The government mandates price control

    • @secretsanta1151
      @secretsanta1151 4 года назад +116

      Singapore had a good government that know how to deal with housing.
      Imagine if those on charged use their advantage to earn their pocket money, it sure will end up like hong kong house pricing.

  • @ems7623
    @ems7623 3 года назад +77

    Singapore is something of a special case in modern history and should not be idealized. However, credit should go where credit is due. This way of organizing a housing system is incredibly admirable and efficient.

    • @parisgansmuelly1052
      @parisgansmuelly1052 3 года назад +1

      And no children, because the average size of lodging is 1000 sq ft with 2 bedrooms. Not surprised in the least that they also have a fertility rate of 1.15. This statistic alone spells doom for the country. Whatever they're doing should not be replicated.

    • @ZOCCOK
      @ZOCCOK Год назад +8

      singapore is a city nation.
      replicating it on a truly country wide scale would be disastrous.
      Learn from it, but don't blindly copy it should be the motto

    • @hutoutpizzad
      @hutoutpizzad 9 месяцев назад

      @@parisgansmuelly1052 You can't expect much for a country with a population density worse than Hong Kong...

  • @dunnowy123
    @dunnowy123 4 года назад +514

    It's so funny, I just watched a video by the Economist where they cited that same stat, didn't elaborate on how it was actually measured. It didn't really impact the video's final message, but it's funny to me how an independent creator is more thorough than the Economist 🤟

    • @JewTube001
      @JewTube001 4 года назад +26

      To be fair, he used The Economist as one of his sources and built upon it.

    • @jeffbenton6183
      @jeffbenton6183 3 года назад

      @** x Can you give some examples? (and please cite your sources)

    • @vitsadelhole
      @vitsadelhole 3 года назад +1

      is the economist elaborated on every single way each stat is taken in his videos his videos would be hours long

  • @marscaleb
    @marscaleb 4 года назад +601

    That approach to requiring an even distribution of ethnicity is effing brilliant. I can see why a lot of people would react to that as being a method to subdue races, but truthfully, it forces more integration. Actually getting to know a person does wonders to reduce racism. If people of a given race are actually part of your community and not some distant idea you just see on TV, it becomes much harder to casually dismiss them.

    • @Pharoah2
      @Pharoah2 3 года назад +9

      Sure but lets not pretend the proportions were equal. Indians were the only one’s who’s max rate was greater than their actual percentage within the population, why is that?

    • @caffeine9049
      @caffeine9049 3 года назад +57

      @@Pharoah2 Isn't that better? Wouldn't that would mean that Indians have more leeway when trying to buy flats since their quota isn't as easily maxed. Also, having this quota would prevent stigmatization via congregating large portions of an entire race into neighborhoods.

    • @frut_jooos
      @frut_jooos 3 года назад +8

      @rimacutem of Alsvartrsmiðr its sort of something we don't do, people don't interact for the sake of interacting unless purposefully placed into social situations here.

    • @lilmrmagoo
      @lilmrmagoo 2 года назад +7

      as long as the ratios change frequently enough to keep up with change you would have less people complaining than you would think. something like a yearly redustrubtion that has a limit of like 0.5% change or if the current ratio is fine then save that percent for if there is a spike of change.

    • @kingstowntan4599
      @kingstowntan4599 2 года назад +8

      its forced integration , when racism are only for smart people with brain know their rights to choose what to eat , what to drink where to go who to mix and who not to mix .
      if other says u are racis , this is a compliment saying you are smart to choose who to mix and who to ignore , you have total absolute right to decide for yourself and not be imposed by others threathening you "" dont be racist "".when u have all the right to choose to be racist if u wish to .

  • @ten_tego_teges
    @ten_tego_teges 4 года назад +420

    Singapore is fascinating as in every other country a government with such extensive power would just devolve into an autocracy or even dictatorship. The leader would rule for decades and drive Ferrari's around the highways built for that reason only.
    Instead we have a technocratic state that prioritised launching Singapore into the future by lifting it's citizens out of poverty.
    It really is a fascinating case study.

    • @Yddp3307
      @Yddp3307 4 года назад +20

      Same like china too, both are amazing considering how their leaders brought almost all the population out of poverty in just a short amount of time, hopefully have an authoritarian government here one day

    • @huaiwei
      @huaiwei 4 года назад +130

      It is Singapore's good fortune that Lee Kuan Yew existed. The irony is that he was educated in the UK and thus firmly believed in democracy and was fiercely anti-communist, and also wanted to eradicate corruption because of how corrupt the colonists were in Singapore.
      He believed in meritocracy because he saw how badly managed Malaysia was with their race-based politics and affirmative action which handicapped Malaysia economically even up till this day.
      And most amazingly, he was firmly opposed to being idolised, as he believed personality politics is not eternal and not good for the country's long-term prospects. Unlike most other political leaders who want to leave their names imprinted everywhere after accomplishing far less, LKY refused to have roads, buildings or ships named after him, have his portrait on currencies, and even repeatedly stated he does not want a memorial to his name when he passed on. When his son, the current PM, wanted a memorial, it caused a huge controversy, and they decided to still have a memorial but dedicated to all the past founders and key contributors of the country.
      Given a politician with these qualities are so rare, it is no wonder there are few countries like Singapore, not even China. Hence conversely, if Singapore had a founding leader without any of these qualities, I doubt we will be where we are today.

    • @canto_v12
      @canto_v12 4 года назад +29

      Two critical ingredients keep Singapore in the lead: 1) a family/dynasty that is aggressive, visionary and philosophically selfless in public service, and 2) a lack of critical mass to challenge or topple said dynasty and its ruling party. It has its strengths and weaknesses, but history has been working in their favour so far.

    • @kevina2907
      @kevina2907 4 года назад

      So, is it matter to you? Is better living in the kennel and no dignity. Pathetic...

    • @fusion9619
      @fusion9619 4 года назад +15

      @@Yddp3307 Chinese government put them in poverty in the first place. They also simply changed the definition of poverty to make it easier to achieve.

  • @zivamayne
    @zivamayne Год назад +29

    Ngl, Singapore is what happens when a government actually prioritizes the needs of the residents. Lee Kuan Yew wanted Singapore to succeed. It seems like most governments today just do as they please, while giving their residents just enough so that they don't revolt.

  • @confidantduk
    @confidantduk 4 года назад +47

    just wanna say as a Singaporean, you really balanced this video on the realities of implementing it. I really admire that, great job

  • @chloesa4487
    @chloesa4487 4 года назад +861

    As a Singaporean, I love that I have a safe roof over my head that i call home. I love that as a woman, i can walk alone at night and still feel safe. I also love that i have equal opportunity like anybody else, as long as i am willing to work hard and improve myself from time to time. These to me, are true freedom. And we are very, very fortunate that we have a government that actually cares about its people and not just for its own personal interests (as compared to many other countries).
    PS. I'm truly impressed by the extent of information you have gathered and put into this video. Kudos to the team!

    • @nothing9220
      @nothing9220 4 года назад +40

      I can only dream of such thing in here India

    • @MikeONatty
      @MikeONatty 4 года назад +5

      Well said

    • @MikeONatty
      @MikeONatty 4 года назад +72

      So called America with its freedom but ya’ll ladies can’t walk at night without gettting groped

    • @sallyah1392
      @sallyah1392 4 года назад +31

      No 1 freedom is freedom from fear.

    • @sallyah1392
      @sallyah1392 4 года назад +5

      @Erwin Lii If you are interested to know, Google Dr Liu Thai Ker,, the famous architect who said that Singapore can house 10 million people. But FYI, the citizens have opposed even to increase its population to 6.9 million.

  • @mattdelarives2537
    @mattdelarives2537 3 года назад +70

    This video makes me cry. In my country (NZ), homelessness is up over 300% since 2017. Per capita, you have to go back to 1948 for when there was less public homes in the country. House prices and rent inflation is out of control and people are finding it harder and harder to make ends meet.
    I wish we were as smart as Singapore where they've perfectly mixed the private and public sector.

    • @fawziefuxia
      @fawziefuxia 3 года назад +16

      There is still homelessness in Singapore!! And the sad thing is there isn't much data about it to track in Singapore bc they go under the radar so much. Considering we have a whole govt board tracking population data (singstat) it's very frustrating that they are unable to track homelessness. I think in recent years, a couple of groups manually do walk-arounds to track the numbers, but that may not be the most accurate.
      Usually a lot of single parents or low-wage workers end up homeless bc housing has honestly gotten very expensive and their situations just don't meet the criteria for subsidies. Also, similar to many parts of the world, anti-homeless architecture is pretty prevalent.

    • @winstonz
      @winstonz 3 года назад +2

      HDB type housing is not really acceptable to many kiwis.

    • @emmascrivener8109
      @emmascrivener8109 3 года назад +9

      @@fawziefuxia yeah but homelessness I feel is way more visible in New Zealand. I was born in New Zealand and I lived in Singapore for 4 years. While i lived in sg I don’t think I ever saw someone sleeping on the streets like here in New Zealand.

    • @emmascrivener8109
      @emmascrivener8109 3 года назад +3

      @@winstonz true I feel like kiwis an outdated view on housing. We all expect to buy homes like our parents did but in today’s world we honestly can’t afford it.

    • @winstonz
      @winstonz 3 года назад

      @@emmascrivener8109 if you are deemed "destitute" in Sg, you will be picked up and housed in centres for homeless.

  • @NinjaNuggets21
    @NinjaNuggets21 4 года назад +70

    Summary: HBD is a government policy that indirectly replaces Singaporean pensions and substitutes it with a real estate asset, the value of which is determined by your ethnicity, family size, and lifestyle. It also prevents the real estate market from being subjected to the free market, therefore making it less volatile and risky and giving a secure future to both the entering and retiring working class.
    Simply put, they mastered the art of incentivizing turnover.
    Educate me if I’m wrong or missing something. 🙂

    • @K41-g6p
      @K41-g6p 2 года назад +8

      i would like to point out that we also get cpf and medishield. both are things that give us cash for later in life after retirement. medishield(i think theres more but i don't remember all the names) covers healthcare specifically, and cpf is a thing that tahes some money from our wages, then locks it up until we stop working. theres more to it than this and this video does mention cpf but im still in education and thus havn't actually experienced it yet.

    • @alfonzom6
      @alfonzom6 Год назад

      Don't forget foreigner ownership

  • @prometheus7387
    @prometheus7387 4 года назад +1287

    As a Singaporean, I approve.

    • @PrograError
      @PrograError 4 года назад +66

      except when he put the LRTs as LTR...
      i mean what the F is that? LTR? budget MTR?

    • @transitevolution
      @transitevolution 4 года назад +50

      @@PrograError The colours for the MRT lines the first time round are jumbled too. Like, yeah right, Circle Line is totally a horizontal line. 6:41

    • @PolyMatter
      @PolyMatter  4 года назад +226

      @@transitevolution Oh no... the colors are right in my design file but somehow didn't survive the edit. If only RUclips had an edit feature… :(

    • @kaiwut
      @kaiwut 4 года назад +7

      I never knew Circle Line was that small

    • @prometheus7387
      @prometheus7387 4 года назад +14

      @@PolyMatter Well nevermind. At least we know you know the right thing.

  • @djroguefireify
    @djroguefireify 3 года назад +236

    Singapore's governance and leadership never ceases to amaze.
    It's not perfect, as no human construct is perfect, but it has proven itself monumentally successful in its role of facilitating a good life for its people. I hope it continues, even if its political parties change. The comforts that generations of labor and effort built for the future shouldn't be taken for granted.

    • @MouldMadeMind
      @MouldMadeMind 3 года назад +6

      Don't worry they use unfair tricks to stay in power.

    • @egg-iu3fe
      @egg-iu3fe 3 года назад +19

      @@MouldMadeMind but if Singapore is so successful, aren't those tricks justified? It is better that they stay in power rather than letting some other party take power who could potentially ruin the country and undo everything that made it successful.

    • @MouldMadeMind
      @MouldMadeMind 3 года назад +1

      @@egg-iu3fe and this is how dictators argue.

    • @egg-iu3fe
      @egg-iu3fe 3 года назад +6

      @@MouldMadeMind except Singapore objectively has one of the highest living standards in the world. That is proof that their dictatorship works.
      If Kim Jong Un says the same thing then yeah "tHat Is hOw DiCtatOrS ArGuE". But we're talking about Singapore not some 3rd world back water.
      They know more about running a country better than you do, I trust their judgement better than anyone else's since, you know, they're actually all actions not just all talk.

    • @MouldMadeMind
      @MouldMadeMind 3 года назад +1

      @@egg-iu3fe many dictatoraships worked at the beginning.

  • @Onesteve3333
    @Onesteve3333 3 года назад +2325

    Citizens in Stockholm: "Wait? You can build homes on top of each other?"

    • @ukrytykrytyk8477
      @ukrytykrytyk8477 3 года назад +113

      Same in the entire UK!

    • @saunah
      @saunah 3 года назад +254

      Yeah. But also most importantly, probably, "What? No shoving groups of people, refugees, the poor, etc, into the same suburbs and ghettos? It's more beneficial to mingle, grow closer and thus increase your understanding of all people, no matter class, colour or creed?"
      Of course it is and nice to see what is a big step towards building empathy and combating racism and bigotry work out.
      I've been saying this for 30 years. Regulate, don't just build blocks of concrete and stock people there and forget about it.
      Meanwhile "Short Term Solution Greed Feeders" are still the power elite in Sweden. And many other countries for that matter n
      Go Singapore.

    • @Onesteve3333
      @Onesteve3333 3 года назад +91

      @@saunah hey, you made a valid argument about solving immigration-related issues without making it 90% racist! Kudos! Maybe we should let Singapore run the world, not China.

    • @saunah
      @saunah 3 года назад +14

      @@Onesteve3333 Well, I say, we all already run the world no matter where we're from. But we would be closer to feeling that was true if we continued working as a team. Discarding what does not work for ALL and adopting what clearly does move towards improving life.
      Then the next guy improves on that and uses the next idea.
      For what IS true and always will be: the human race will spawn new ideas until the day she is gone.
      That and learning to work as a team, as ONE pack, is the sole reason we are here now.
      But along the way we decided we needed to add money and feudal ownership into the mix.
      We also seem to believe we can't remove it and all sources of inequality and greed.
      We be crazy.

    • @chuasianghoe563
      @chuasianghoe563 3 года назад +33

      Did you know that in order to further improve relations between races in Singapore there is a racial quota of sorts for every neighbourhood

  • @rajvirsingh4552
    @rajvirsingh4552 3 года назад +41

    The nature of housing is thus a place to live, not an investment.
    Mind blowing

  • @attalan8732
    @attalan8732 4 года назад +229

    1. Before you generalise this to other countries (and I'm speaking particularly to those that have an apriori infatuation with government handing out aid to every person and their dog), do realise that Singapore is a spectacular economic exception built upon incredibly strategic geography, small size, a conforming society, and highly productive citizens. This is not most countries.
    2. That being said, while it is ridiculous to assume that a federal government could possibly ever get something as intricate as this scheme right, it is possible that the municipal government's of larger cities (such as New York, LA, Sydney, London, Toronto, etc.) could embark on these projects and succeed.
    These projects require two things - high income government and local government supremacy (the more local the government, the more immedietley accountable it is, and the better it can manage the project).
    In other words, only governments large enough to have wealth but small enough to be effective - ie. Medium to large sized municipal governments - can do this. We need to care more about local government.

    • @g4lukeg4
      @g4lukeg4 4 года назад +18

      That makes a lot of sense, I'd have to agree with you. Thanks for the input.

    • @townsound
      @townsound 4 года назад +2

      Spot on.

    • @celeridad6972
      @celeridad6972 4 года назад +3

      Excellent observation

    • @GKS225
      @GKS225 4 года назад +1

      Good point

    • @TheBooban
      @TheBooban 4 года назад +20

      Do you think Singapore had that from the beginning? They were poor and had race wars with each other. There was no accountability except for accounting to Lee Kuan Yew. Lee Kuan Yew did as he pleased and answered to no one. These projects only require one thing, a man like Lee Kuan Yew. Do it, and do it right. And oh Singapore does not hand out aid. It is not a socialist country. There is no welfare. Far from it.

  • @jasonhehe
    @jasonhehe 4 года назад +32

    great research! adding another info tidbit --- what happens at 99 years -- what really happens is apartments are bought back by HDB usually less than 50 years old, to rebuild into new ones. homeowners are usually happy and look forward to sell back to HDB at market rates and given priority to pick new flats first.

  • @ahasuerusx861
    @ahasuerusx861 4 года назад +740

    "a house is a place to live in not an investment"
    meanwhile in my country they are getting a lot of house for investment

    • @WASIURPA
      @WASIURPA 4 года назад +27

      In HK, a house is an investment

    • @ArtSmosh1274
      @ArtSmosh1274 4 года назад +29

      I believe it can be both

    • @PrograError
      @PrograError 4 года назад +32

      it is also in singapore, but there are heavy penalties. but the government ain't stopping them, just putting a burden by the way of tariffs

    • @nicosmind3
      @nicosmind3 4 года назад +33

      A house is only an invstment if you rent or sell it for more than you paid for it. People often ignore inflation whenever they look at house prices. Ive heard some bullshit spun like "houses double their value every 7 years", but minus out the boom, consider inflation, taxes, and maintenace and the prices remain roughly steady.
      If you want to VALUE a house consider the mortgage to wage ratio and where houses comapre to it (selling at a high or low)

    • @leilanidru7506
      @leilanidru7506 4 года назад +10

      Bitchute is better than RUclips if you treat your house like a rental property in which you share the space with other people, it’s definitely an investment. Coz at worst your mortgage gets paid off by other people or the amount you had to pay is significantly less. And at best, you get: your mortgage paid by other people, get a very comfortable passive income from tenants paying rent, and if the house appreciates you gain a profit from the mortgage you didn’t have to pay. So there’re other ways for houses to be investments besides only depending on it appreciating and having all your assets tied up in a house.

  • @jomarturtoga5150
    @jomarturtoga5150 4 года назад +359

    "Will you marry me?" has been replaced with "Can we buy a house together?"
    -SINGAPORE

    • @nah-y4e
      @nah-y4e 3 года назад +10

      together? women want you to buy it, so she can live in it

    • @sacul1225
      @sacul1225 3 года назад +47

      @@nah-y4e In Singapore couple own the house together :) Paying it together as long as both is working.

    • @nicbahtin4774
      @nicbahtin4774 3 года назад +11

      @@sacul1225
      Looks like Singapore achievement is not only affordable housing but also the perfect woman.

    • @lancetheking7524
      @lancetheking7524 3 года назад +1

      @@nicbahtin4774 -woman who actually pays-

    • @007VitaminD
      @007VitaminD 3 года назад +2

      @@sacul1225 And when the divorce happens where does the house go??

  • @marylagrange5584
    @marylagrange5584 Год назад +9

    My husband is from Singapore, I visited and all I can say is it is such a well run country! The economists are brillant

  • @FoodOscar
    @FoodOscar 4 года назад +69

    Singapore is the most awesome place I've ever been to. The people are so friendly whenever I'm asking for help. The food is just incredible and extremely cheap at Hawker Centers ($2-$4). Not to mention Ride Sharing (Like Uber, but it's called Grab) is dirt cheap too
    I'm trying to upload more Singapore videos on my channel. Such an amazing country guy!!!

    • @LooNciFeRx
      @LooNciFeRx 3 года назад +3

      Your videos look good! Except it has all been about Vietnam so far.

  • @cedric85
    @cedric85 4 года назад +83

    very impressive and detailed research, can't imagine the hours spent for research and coming up with this video. Honestly many Singaporeans won't bother knowing how HDB has evolved. There are many penned up frustrations with the overall social system. Seems like a joke to others that younger couples get married to buy a house... But it's true... that said, the housing policies from how it started was indeed a successful model in meeting needs.

    • @commenterperson4481
      @commenterperson4481 4 года назад

      good research, but bad narration (speech pattern).

    • @morahiman1879
      @morahiman1879 3 года назад +2

      About 20 plus years ago i hated singapore so much so i never wanted to live there so for past 20plus years i never live in singapore it all started bcoz singa pore told me im a muslim so they cant put me in the army. I was a very angry young man then. After living abroad tht many years i realised singapore is not peerfect at all so most muslims like me felt exonerated from singapore progress like as if we are peripheral in importance. Almost 1million of us or about 13% of population are muslims i felt really disappointed n dejected then however slowly but surely i beginning to miss singapore my old friends n family. I miss the smell of singapore i was so use too. Though singapore is not peerfect but ill try to make it best i can. We are getting there hopefully so with all the chaos in the world singapore can n will stay above all tht im sure. Singaporeans can never say outright they are proud of singapore because there many others who have other adjectives to describe singapore but whatever it is im proud of singapore though they marginalised muslims but tht is a changeble options itll change soon

    • @morahiman1879
      @morahiman1879 3 года назад +1

      I hated singapore so much back then tht i never admitted im a singaporean. Things change n situation will neccesitate singapore state policy on muslims in singapore. Just wait n see. Then singapore b almost perfect for me

  • @pelicanformation3802
    @pelicanformation3802 2 года назад +71

    I think the idea that housing is for living rather than for "investment" is a really good idea. Single people should not be discriminated against, but respecting people's need for accommodation is paramount. Singapore has always been a bit controlling with regards to cleanliness and litter and hair length, but I do think we could take a few lessons from here.

    • @zyankon8318
      @zyankon8318 Год назад

      Hair length? Littering yes but no hair length control over there.

    • @pelicanformation3802
      @pelicanformation3802 Год назад +4

      @@zyankon8318 it was back in the 70s

  • @phantomsea8987
    @phantomsea8987 4 года назад +46

    One thing I don't get people making noise about ownership especially regarding home ownership in Singapore. Singapore have limited land and that itself is a challenge. If everyone owns a house, it will be a matter of time the new generation will not about to buy any house at all with a highly inflated price controlled by private. The 99 years lease makes sense and it long enough to have 3 generation to stay in the same flat before things starts to decay and breakdown. By logic, it will be when the Government tearing the house down and rebuilding the new one back up
    with better design and better use of the land.
    Yes, housing have been slowly becoming more expensive in Singapore and it's expected as raw material price and labor cost increase, so will the housing and in which the same problem comes back to people are unable to buy houses which is why Singapore Government comes out with ways to leverage those burden to lighten the load. The joke on married couple gets priority on house is true and it's a running job in Singapore, rather then "Lets get a wedding ring" it will be "Lets go sign a BTO(Build To Order) flat" but it makes sense as they are people who will grow and groom the next generation of Singapore Citizen.
    No system is perfect and in my opinion, absolute political power in Singapore is something I find it very troubling in Singapore as a Singaporean.

  • @samlim1280
    @samlim1280 4 года назад +463

    Hi I would like to point out that the the third “this” is in fact, not public housing and actually a private condominium but the other two are!!

    • @thefantorangster2491
      @thefantorangster2491 4 года назад +24

      The last one was the most monotonous looking too

    • @samlim1280
      @samlim1280 4 года назад +6

      The Fantorangster HAHAHHA shade sis shade!!

    • @commentorbot3979
      @commentorbot3979 4 года назад +13

      The third one is what I see every time I drive into bishan smh

    • @forfun1458
      @forfun1458 4 года назад +10

      1st one is the most expensive housing, 2nd one is demolished. Total wrong info.

    • @commentorbot3979
      @commentorbot3979 4 года назад +7

      @@forfun1458 the houses at rochor were so iconic :(

  • @nathanr.9507
    @nathanr.9507 4 года назад +1974

    I see Singapore inherited the UK's habit of having 99-year loans

    • @kevinclass2010
      @kevinclass2010 4 года назад +27

      Also they inherited Ricardian Economics too.

    • @ReizePrimus
      @ReizePrimus 4 года назад +448

      99 years LEASES, not loans. Nobody gonna let you pay over 99 years, you'd be dead before you coughed up the principal and interest.

    • @nathanr.9507
      @nathanr.9507 4 года назад +55

      @@ReizePrimus Whoops didnt notice I used the wrong term

    • @ZeroRelevance
      @ZeroRelevance 4 года назад +23

      Nathan R. You can edit it, you know

    • @nathanr.9507
      @nathanr.9507 4 года назад +110

      @@ZeroRelevance Nah, I'd prefer to leave the mistake so his aint out of place

  • @mikvance
    @mikvance 4 года назад +1582

    PolyMatter: "The nature of housing is thus a place to live..."
    Landlords: (clutches chest in pain)

    • @stigmautomata
      @stigmautomata 4 года назад +169

      landlords: hOw Do tHeY SuRvIvE witHoUt mY hArD wOrK

    • @pwnmeisterage
      @pwnmeisterage 4 года назад +54

      The landlords in Singapore might not be able to easily turn property into income from tenants.
      But that doesn't stop them from owning rental properties in Canada. And accumulating private wealth outside the reach of Singapore's "shared public benefit" controls.

    • @ILoveYani
      @ILoveYani 4 года назад +5

      @@stigmautomata lol landlords are good

    • @stigmautomata
      @stigmautomata 4 года назад +43

      @@ILoveYani lol.

    • @OLBastholm
      @OLBastholm 3 года назад +55

      @@ILoveYani Landlords should get a job.

  • @lejeremiah
    @lejeremiah 4 года назад +235

    6:40 let's completely mess up the Singapore MRT/LRT system colours and names

    • @randomcatmeow1394
      @randomcatmeow1394 4 года назад +22

      He tried lmao, though not very hard

    • @Absent_keebs
      @Absent_keebs 4 года назад +13

      he really just needed to change the colours

    • @speedbirdconcorde001
      @speedbirdconcorde001 4 года назад +6

      Yea in HK it's called "MTR". Probably got confused

    • @abdullahrizwan592
      @abdullahrizwan592 3 года назад +4

      I have a book with rapid transit maps from around the world, and when I saw what he put in his video I was confused.

    • @xentroide
      @xentroide 3 года назад +1

      didn't realise it at first, now I can't unsee it lmaoo

  • @brayanong181
    @brayanong181 4 года назад +532

    You should say that Singapore also has private housing, or else everyone not from Singapore would think that the only choice and kind of housing is public

    • @KingXKok
      @KingXKok 4 года назад +116

      He said 80% so..

    • @LogggSapling
      @LogggSapling 4 года назад +63

      @Jonathan Williams not really, the siezing was in the early days of Singapore, today private property is planned decades in advance with government permission and approval. Private property tends to be much more expensive, hence people live in HDBs

    • @LogggSapling
      @LogggSapling 4 года назад +8

      @Jonathan Williams nope, I mean. That the government has allowed the construction

    • @IMADUCKEH
      @IMADUCKEH 4 года назад +19

      ​@@LogggSapling Guy just wants to be edgy man, don't feed him, we know how it is and that's good enough. No need to kill ourselves trying to educate the stubbornly ignorant. lol he can't even @ properly. If he actually had a stake in any of this he would know that the decades thing is completely false...

    • @LogggSapling
      @LogggSapling 4 года назад +8

      @@IMADUCKEH agreed, no point dealing with trolls

  • @xorlux
    @xorlux 3 года назад +8

    Yep , im from malaysia but my grandparents are living there , we have a couple of our relatives residing in singapore and half of them scattered around malaysia , i really love Singapore's housing , and the fact that they repaint their colors every 5 years makes me excited when im going back to visit my relatives .

  • @Inhumane
    @Inhumane 4 года назад +218

    10:56 that’s how my dad proposed to my mum

  • @NotADuncon
    @NotADuncon 2 года назад +89

    Soviet Era blocks actually had a ton of great urban planning. They were walkable, included a lot of greenery, there were shops and playgrounds as well as schools nearby. Yes they aged badly and were not pretty to look at and post transformation they became worse but they are still way better than 90% of modern development in terms of planning.

    • @somerset006
      @somerset006 2 года назад +23

      Yeah, good planning and bad execution is your typical Soviet story

    • @NotADuncon
      @NotADuncon 2 года назад +3

      ​@@somerset006 I think part of it was communism forced people to think about systemic solutions. While modern market economies, especially due to stock market, force short term, often ad hoc solutions.
      The thing is a lack of competition and to a probably much larger extent cronyism meant quality was often a problem. While in modern, market driven economies a lack of planning was offset by competing companies (though market consolidation and bariers to entry for busineses like building apartment complexes means those markets arent super competitive)
      The problem in soviet countries is that even if you had a company/organization that cared and had great craftsmen it still had resources from other companies that didn't care and the isolation from the west meant often lower quality of the materials.

    • @somerset006
      @somerset006 2 года назад +2

      @@NotADunconI've never heard of a Soviet company that truly cared and had great craftsmen. Maybe there were a handful that produced export?

    • @NotADuncon
      @NotADuncon 2 года назад +2

      ​@@somerset006 It was mostly smaller companies. You could for example find great tailors in Poland since Poland had a big sewing industry. The materials were bad but the tailoring was great. I got gifted communist Era suits from my dead neighbor who was a factory architect (so he did get the better stuff) and while I own expensive suits those ones are made well.
      Same for some lower production furniture.
      There were also some hi-fi products that were copies of expensive western products just lacked 1-2 key components not available in the eastern block. A good hack is know what they are copying and if possible replace such part. I got a copy of expensive swiss speakers and the work needed to get them "the same" as 5k euro speakers was minimal.

    • @autumnramble
      @autumnramble Год назад +8

      @@somerset006
      "bad execution is your typical Soviet story"
      Because they have to built millions of houses for millions of people, as cheaply and as quickly as they could, as well as thousands of kindergartens and schools. You are talking about mostly post-war societies with low literacy and high poverty rate.
      Also, those blocks still stand, renovated and on high demand, because of comfort of living there.

  • @lzh4950
    @lzh4950 4 года назад +20

    6:23 Fun fact: This "new towns" zoning system is used only for urban planning & public housing *construction* . Public housing *maintenance* & social services on the other hand is handled by town & community development councils (TCs & CDCs), which are organised according to the country's electoral map instead, which also changes before every election (so you can end up with geographical paradoxes e.g. the geographically north-eastern town/suburb of Serangoon is under South East CDC, as it's under the Marine Parade constituency, which also covers the namesake south-eastern town). Meanwhile private housing is organised based on a yet _another_ zoning system - the 28 postal districts that also formed the basis for the country's 4-digit postal codes (used from the early 1980s-1995; since then the postal districts have been reformed into 82 postal sectors instead)

  • @walterwong3999
    @walterwong3999 3 года назад +31

    Wow this is an amazingly nuanced and considered piece of analysis. Great stuff. Usually these videos abt Singapore are woefully biased - either as a cheerleader for current policies or to play up authoritarian tropes. But this has such a fine level of nuance and understanding of local sociopolitical and cultural dynamics. Really great stuff.

  • @GnaRocksTheWorld
    @GnaRocksTheWorld 4 года назад +98

    0:40 that is not public housing; that is a private condominium complex designed by world-renowned architect Moshe Safdie (look up Sky Habitat Singapore)

    • @randomcatmeow1394
      @randomcatmeow1394 4 года назад

      I loved that building honestly, but its prices are sky high. I have a friend who lives in it and the space is so small due to the prices.

  • @ExxonMobilCompany
    @ExxonMobilCompany Год назад +730

    I sold a couple properties in 2020 and I'm waiting for a house crash to happen so I buy cheap. In the meantime, I've been looking at stocks as an alt., any idea if it's a good time to buy? I hear people say it's a madhouse and a dead cat bounce right now but on the other hand, I still see and read articles of people pulling over $225k by the weeks in trades, how come?

    • @marcelrobert9569
      @marcelrobert9569 Год назад +2

      True, the US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled markets, but as you mentioned there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science start. I applied , I just knew I needed a firm and reliable technique to navigate better in these times, so I hired a portfolio advisor.

    • @charlotteflair1043
      @charlotteflair1043 Год назад +2

      @@marcelrobert9569 Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.

    • @marcelrobert9569
      @marcelrobert9569 Год назад +1

      @@charlotteflair1043 She is Julie Anne Hoover my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy

    • @NazriBuang-w9v
      @NazriBuang-w9v 3 месяца назад

      Lies again? Adopted Homes Abortion Is Murder

  • @sandile285
    @sandile285 4 года назад +1403

    Socialism or Capitalism ?
    Singapore: Both

    • @unknownv8462
      @unknownv8462 4 года назад +29

      Its called neoliberalism

    • @Fals3Agent
      @Fals3Agent 4 года назад +245

      @@unknownv8462 lol no

    • @tonedowne
      @tonedowne 4 года назад +293

      @@unknownv8462 It absolutely isn't. The idea of not having a speculative housing market would give a neo liberal a heart attack.

    • @muntadar1655
      @muntadar1655 4 года назад +72

      @@unknownv8462 neoliberalism is free market

    • @Fals3Agent
      @Fals3Agent 4 года назад +91

      @Ali G i'm sorry but you're delusional if you think republicans would support the government buying up land en masse

  • @syedadeelhussain2691
    @syedadeelhussain2691 3 года назад +73

    I have visited Singapore many times! this country is really a role model for all nations of the world irrespective of size. The size issue has been used by economists and development specialists to malign some of the most outstanding achievements of PAP Led by Lee Kuan Yew, who in my opinion was a true king philosopher.
    Singapore is both small and efficient! But, its small size should not be used to downgrade its phenomenal growth in economic and anthropological terms!!
    If it's hard to turn around a large state, it is equally complex and hard to turn a smaller nation such as a City-State like Singapore into a first-world oasis in the 3rd world.
    Well Done Late Lee Kuan Yew. RIP KING PHILOSOPHER.

    • @bumblebee6028
      @bumblebee6028 3 года назад

      Don't blast there plss

    • @PhiloSurfer
      @PhiloSurfer 3 года назад +7

      Agree. Some people like to diminish Singapore's achievement by saying it is small. Well, there are many small states that are failed states or failing. On the other hand, if small is really easy to manage, then the solution is simple. Implement the same policies on a smaller scale - like at the state, provincial or city level. In fact this is how China learnt from Singapore. For this huge country, it started experimenting with Singapore's methodology by doing it in the coastal cities. Once successful, it is then copies into other inland cities, and later to the 2nd and 3rd tier cities.

    • @hsheuw
      @hsheuw 2 года назад

      ruclips.net/video/nNhOZUzrmcw/видео.html is quite an important lesson on why Indonesia as Singapore’s neighbour won’t ever be as successful as Singapore. I will readily blame the US for preaching their screwed up version of democracy there. China was piss-poor next to it in 1970-80. I bet contemporary mainland Chinese will find modern day Indonesia development pace average at best.

    • @alfonzom6
      @alfonzom6 Год назад

      ​@@PhiloSurfer it's also depending on the culture of collectivism vs individualism and freedom of people

    • @ludsi4385
      @ludsi4385 Год назад +1

      The small size isn't used to downgrade its accomplishments. It's just much more difficult to implement policies like in singapore to a whole country

  • @Brainiac_and_a_half
    @Brainiac_and_a_half 4 года назад +12

    I lived in Singapore for almost two years when I was a kid, and for the first year or so my family lived in two separate condos and I remember them being really nice and fun. There were restaurants on the bottom floor and a pool.

    • @davidliu2243
      @davidliu2243 4 года назад +1

      Ah yes. The swimming pool. I swear, as a kid I couldn’t live for a day without swimming in the condo.

  • @raman_mendiratta
    @raman_mendiratta 4 года назад +1011

    Looks like after trolling him endlessly on his china vids he actually listened

    • @Marco-hl6gz
      @Marco-hl6gz 4 года назад +29

      Hong Kong has an housing problem, sooo

    • @garmenlin5990
      @garmenlin5990 4 года назад +79

      Singapore: A mini China

    • @zohar9971
      @zohar9971 4 года назад +111

      @@garmenlin5990 an actually good china

    • @lazergurka-smerlin6561
      @lazergurka-smerlin6561 4 года назад +95

      @@garmenlin5990 It has the authoritarianism but not the corruption

    • @brianstark3932
      @brianstark3932 4 года назад +13

      Technically Singapore is 74.3% China, as mentioned in the vid.

  • @weareham3068
    @weareham3068 4 года назад +15

    I was JUST reading all about Land Value Tax and Georgism, and I was looking for better videos on Singapore!! Its like you read my mind, great video!

    • @mustachiopistachio7224
      @mustachiopistachio7224 4 года назад

      @Poes what's georgism

    • @mustachiopistachio7224
      @mustachiopistachio7224 4 года назад +2

      @Poes so it's like a compromise of socialism and capitalism

    • @schumanhuman
      @schumanhuman 4 года назад +1

      Been a Georgist for a good while now. Singapore can at best be described as quasi-Georgist. They do collect a good deal of land rent but mostly via leases, and public housing is a sub optimal or at least different means to an end vs LVT, though admittedly Singapore do it rather better than say Hong Kong.
      The problem with leases, particularly commercial leases, is they do not eliminate speculation upon the duration of the lease not the debt needed to facilitate this. This adds to general boom bust dynamics.
      A regularly assessed LVT would be far more efficient and reduce volatility as well as create a more stable tax/revenue base.
      Btw It was actually Georgist economists that first predicted the 2008 crash back in 1997 based on land price cycles. This article explains how
      www.exponentialinvestor.com/technology/boom-times-are-here-again/

    • @schumanhuman
      @schumanhuman 4 года назад +2

      @@mustachiopistachio7224 Georgism was largely a return to many of the ideas laid out in Adam Smith and David Ricardo and the classical economists most of whom supported a land tax. Georges closest ancestors coming both just before and influential upon Smith were the Physiocrats who originated the term 'laissez faire', however the Physiocrats though for small government intervention did support a 'single tax' on land values which they considered the gift of nature (they were writing in pre industrial France)
      Henry George was not a highly original thinker but it was the way he emphasised and consolidated many of these ideas to their radical conclusions. Whether you call Georgism ultra capitalist/laissez faire or socialist or somewhere inbetween depends somewhat on how you define these terms beforehand.
      For me if Georgism is in any way socialist, it is only that it socialises what is socially generated in the first place, land values. A market free from rentierism and free to work and trade without taxation upon these activities is, broadly, the goal.

    • @Oqwert
      @Oqwert 4 года назад +1

      Singapore's system also kind of resembles market socialism as the government owns a huge percentage of enterprises and land in the country.

  • @kynchan3332
    @kynchan3332 3 года назад +9

    This is a good way to do it in a small place but where significant development needs to take place it would not work until it was better developed. But eventually many countries will need to adopt the same model. When landlords are not a class and have to force their energy into developing something useful like new products, new services and patents the economy will really improve.

  • @getpriyanka
    @getpriyanka 4 года назад +57

    I too lived in Singapore like for 8 years, and let me tell you, I stayed in these public houses(named HDB's there) and there are the most spacious rooms ever

  • @nano15j
    @nano15j 4 года назад +5

    Super informative video!
    In Austria we have cooperative residential buildings. They are owned by a cooperative and as a tenant you buy into the cooperative with maybe 50-150 Euros per m2 and get the right to live in your apartment indefinitely for very cheap. When you move out you get your cooperative share back.

  • @shehranazim4784
    @shehranazim4784 4 года назад +106

    "The Singapore Improvement Trust"
    I guess the "The Singapore Housing Improvement Trust" didn't manage to slip through.

    • @factsverse9957
      @factsverse9957 4 года назад +3

      Underrated lol

    • @nulnoh219
      @nulnoh219 4 года назад +4

      Somebody must have noticed back then how we much we love acronyms.

  • @pacefactor
    @pacefactor 3 года назад +7

    I seriously LOVE how you actually talk about these things in a truly neutral tone, looking at both pros and cons.
    Personally, this whole video was like "authoritarianism, while destructive, can sure be affective sometimes"
    After learning alot about he foundation of modern Singapore, and as much as I love the city when I visited it, the only reason I think it works the way it does is because of the fact it is a highly urban city-state with potentially aggressive neighbors and a thriving port economy. This unique situation is, what I believe, gives it so much stability - that and its friendliness with western powers who regularly send their warships there as support.

  • @erasmus5812
    @erasmus5812 4 года назад +39

    At Least Singapore ensure everyine have a place to live in and able to afford them. Isn't what people want?
    Every where from the place the you live, you can find food and grocery within walking distance. In the central of the estate, there is mall and train station. within estate therr are play grounds and gym as well as parks. There are park connectors for cycling and jogging connecting estates.

    • @CaptainAlliance
      @CaptainAlliance 4 года назад +11

      In an area smaller than 99% of most countries, it's much easier to be a prosperous authoritarian state, without having people riot in the streets. However, when you try to bring a similar system into a larger scale sovereign nation, that's when corruption in the government, and a decay in quality in life occurs.

    • @erasmus5812
      @erasmus5812 4 года назад

      whether it is democracy or communism, it is just a method to run a countriy. Both has its pros and cons. There is no best system. Actually there is no pure democratic or Communist countries now where there is a mix of capitalism and socialism into it. If a communist country is run by strong government it will do well and likewise if run by bad government it will do very badly. Democratic is good if parties work together for interests of countries and corporate does not influence the government. Some countries now run like a companies where the CEO only keen to keep his job for a short term interests of the companies by keeping shareholder happy.

  • @marr1379
    @marr1379 4 года назад +97

    Singaporean here! Love that we're getting some love on RUclips!!

  • @Onion_Knights
    @Onion_Knights 4 года назад +7

    Been to singapore and hong kong (stayed there). I like how singapore HDB flats is near to necessities and restaurants. Everything is simplified and public transportation is great

  • @jacquelineng383
    @jacquelineng383 4 года назад +4

    Thus far the most detailed explanation on Singapore's housing on RUclips. Thanks for the effort !

  • @manushag7992
    @manushag7992 4 года назад +555

    "A disproportionate number of charismatic smart leaders"
    Accurate.

    • @bobwilliam6242
      @bobwilliam6242 4 года назад +7

      Manusha G what if I told you that I read this comment the same time PolyMatter read that from the script 👀

    • @carbonglaciers
      @carbonglaciers 4 года назад +26

      @Rohith Hegde you sound like you come from America. I completely agree with you. Singapore should be more explicit and "GRAB THEM BY THE PUSSY!" hahahah!

    • @blender6426
      @blender6426 4 года назад +5

      @Rohith Hegde please elaborate on what you mean by authoritarian racist policies.

    • @rubicon24
      @rubicon24 4 года назад +16

      ​@@blender6426 He can't because he's talking out of his ass. Unless ethnic quotas in public housing to force integration between the different races is his idea of what racism is.

    • @lzh4950
      @lzh4950 4 года назад +2

      @Rohith Hegde Probably because of Singapore's rapid development in the 2nd half from the 20th century, many people here can well remember that "it's even worse in the past" & thus 'populism' is sometimes seen as a dirty word I think, like a sign of being a 'strawberry' or 'ungrateful' or 'uninformed'

  • @wencong1356
    @wencong1356 4 года назад +104

    Holy shit. He even got the "BTO aimai" joke lol

    • @lemon2524
      @lemon2524 3 года назад

      I see you in reddit before.

    • @wencong1356
      @wencong1356 3 года назад +5

      @@lemon2524 uwu good night jiak simi meow

  • @udipta21
    @udipta21 4 года назад +7

    I live in Singapore and my god the level of research and accuracy in this video is staggering!

  • @xavierdasavior
    @xavierdasavior 3 года назад +21

    Man, this infrastructure is unbelievable! I’m from Canada and we have a housing market crisis

    • @darkz1563
      @darkz1563 Год назад

      ur complaining lmfao

  • @yuming8845
    @yuming8845 4 года назад +81

    It feels so surreal seeing one of your favourite RUclipsrs mentioning Sengkang LRT when I literally live next to it.

  • @nerdspice6076
    @nerdspice6076 Год назад +6

    I lived in Singapore for a year and I wish my home country was like that… I lived in other countries for about 2 years each, and I would say no other country is like Singapore. It’s a model country.

  • @MatthewStidham
    @MatthewStidham 4 года назад +16

    Talking about this policy of Singapore as authoritarian makes the US authoritarian as well. We must pay 13.4% of our income into Social Security, the two differences are that we can't choose to invest this money unlike people in Singapore who can use their forced retirement in housing, and about half of Americans will pay more than they get back. In terms of the urban planning... go try to build a 6 story apartment building in Ballard, Seattle. The city won't allow it. We have very harsh rules about how people can build, the difference is that instead of our goal being "everyone has a home" our goal is usually a somewhat vague "preserve the character of the neighborhood" which leads to housing being unaffordable for most. We also have affirmative action laws. The difference is that Singapore's retirement system works and their housing policy goal is for everyone to have a house. The other difference is that we don't give an exemption to various taxes for your primary residence. Those are the differences I can see.

    • @salmanman2699
      @salmanman2699 4 года назад +3

      The main difference is that ownership does exist in the US. In Singapore, it does not. 99 year leases are not ownership. Also, eminent domain is much more readily exerted in Singapore, which to me, increases the uncertainty much more.
      However, many American states should improve their urban planning, and not allow people to interfere so much in it.

    • @THEREALZENFORCE
      @THEREALZENFORCE 3 года назад

      So year by year, decades by decades the government gets wealthier due to housing prices inflation (paid 20% of your salary and 17% by the employer, a wooping 37% total) and the people don't get wealthier.
      Every flat owner or house owner in Luxembourg, yearly gets 10 to 14% richer on the worth of the home. Never will you make that 100000 to 180000 exponentially yearly value increase by savings.
      You got the bad deal in Vienna, Stockholm, Singapore in comparison and their mostly state owned public homes.
      Singapore the most expensive communist housing ever in Human history.
      Luxembourg citizen pay 11,8% in social security.
      And our retirement pensions as our salaries are way above those of Singapore.

  • @jasonjames4254
    @jasonjames4254 Год назад +19

    As a somewhat conservative American, I generally do not believe in centralized planning and socialized housing due to it's complete failure here in the U.S. and many other countries. Singapore is a remarkable exception! I first visited Singapore briefly in about 1980. I was there again in about 1998. The transformation was absolutely stunning! I have never been in such a clean, crime-free, well ordered society. I met people who were Chinese, Malay, Indian, as well as mixed race. I did not sense any animosity between ethnic groups. Yes, there were lots of rules, fines, sin taxes, restrictions, and severe penalties for criminals that few Americans would be willing to tolerate. However, when I compare Singapore to America, I think one can make a very strong argument for the many huge advantages of the Singaporean model of society. In America, we 'think' we cherish freedom. But when that freedom includes high crime rates, out-of-control drugs use and homelessness, and constant political bickering that even turns violent, is that really freedom? I think the United States could learn a few lessons from Singapore!

    • @alfonzom6
      @alfonzom6 Год назад +1

      I think there's a vid about Philippines and American architect you like to watch

    • @taeyeonist1462
      @taeyeonist1462 Год назад

      singapore is super tiny and easy to control. try applying the draconian rules here to just new york state alone and see how thatworks out. it’s not that the government is super competent, it’s just small and easy to control.

    • @Karlwasright
      @Karlwasright Год назад

      You have eno idea what "socialized" housing in America is like. All the hoops and games. People like you are the problem. Singapore gives their citizens homes. No conditions. No income bracket bullshit. Everyone. That's nowhere near an American system. Stop sucking.

  • @zqlimy
    @zqlimy 4 года назад +15

    Actually there were some 30 years and 60 years leases that have expired and the government took back the properties and shifted the residences elsewhere.

  • @eshtermaria6884
    @eshtermaria6884 4 года назад +7

    Singapore is the only country that began as "dictatorship" and became successful democracy. WOW to Singapore.and its people. You are on my bucket list to visit.

  • @DIEiGaMeR
    @DIEiGaMeR 4 года назад +19

    Can you make a video on „how switzerland solved democracy“ - explaining how their system of direct democracy works, what the benefits are and whether it is implementable elsewhere

  • @starsoffyre
    @starsoffyre 3 года назад +16

    Very well researched video. A nice touch that you picked up the local joke about "will you buy a flat with me" as a form of marriage proposal. Definitely true!
    I'm happily living in my parents' 30 year old 5-room flat rent-free. This would be a stigma in other countries where you'd be expected to move out by the time you're an adult, but it's the norm here since most young adults aren't expected to be able to afford a home until marriage.

    • @imsara_h
      @imsara_h Год назад

      you're 30 and live with mum and dad? i mean, you have not grown that is a FACT. there's no stigma it's a universal truth. it's only the norm to live with your parents because you can't afford to move out at 30!!

    • @starsoffyre
      @starsoffyre Год назад

      @@imsara_h Are you from Singapore? Pretty common to have 3 generation families here. My parents have technically never lived away from my grandparents.
      Legally, if you're unmarried, you can't buy subsidised public housing (which is 80% of all homes) until you're 35. A 2-room private apartment costs nearly $1 mil so it doesn't make financial sense to get one even if you can afford it.

    • @imsara_h
      @imsara_h Год назад +1

      @@starsoffyre USA born and bred. you're living with your mum and dad because you can't afford to move and it stunts your growth as a man and person. no wonder the birth rate in singapore is declining

  • @joejia1410
    @joejia1410 4 года назад +347

    My VPN: *connected to Singapore marina bay
    Me: *watches Singapore video

    • @silvervixen007
      @silvervixen007 4 года назад +3

      It's the most reliable🙆‍♀️

    • @joejia1410
      @joejia1410 4 года назад +1

      @@silvervixen007 Yep

    • @farenhite4329
      @farenhite4329 4 года назад +8

      But are you using N O R D V P N ?

    • @hyperionsalt1460
      @hyperionsalt1460 4 года назад +10

      WOAH woah woah what are you doing outside your house in this circuit breaker period? 300$ fine SLAP.

    • @kael8704
      @kael8704 4 года назад +5

      Hyperion Salt Aiyo maybe he/she senior, need to go out and walk around the whole neighbourhood, filming people without masks sksksksk

  • @Jeromelyc
    @Jeromelyc 4 года назад +102

    Its nice to note that if you default on your bank loans or go bankrupt the bank cannot seize your house as it is legally protected by the HDB.

    • @C-ly-de
      @C-ly-de 3 года назад +2

      Does it causes problems when you want to buy a house like tthe bank whant to be sure to get it's money back so they make it harder to get a loan ?

    • @xsnovv
      @xsnovv 3 года назад +14

      @@C-ly-de To answer your question directly - Not really. But one thing people not from sg are forgetting is that one the biggest benefits of HDB flats is that people are able to use their retiring funds to help put a downpayment/buy their houses. Since you're forced to contribute 20% of your wages and your employees contribute 17%, you actually end up saving alot of money that you can use to buy a house. Furthermore, since the housing market is controlled; housing is cheap (lets say on average it costs 500,000 sgd). 20% downpayment of 500k is 100 thousand dollars which if you earn the avg pay in sgd, wont take you very long to afford. Finally, ontop of that, there is major incentive to buy a house with your partner - meaning two people's contributions makes it much easier and sustainable to buy.

  • @wonderowl530
    @wonderowl530 4 года назад +8

    Excellent video, it's a joy to watch your video and I am so glad they are keep getting better. Can we get a video on more in-depth analysis on how the Singaporean government handles racial tension?

  • @mattc7420
    @mattc7420 2 года назад +12

    I'm so Americanized that I can't comprehend a government that wants to raise the quality of living and gets the job done right the first time.

  • @anatoleh1
    @anatoleh1 4 года назад +35

    Beautiful video. Singapore succeeded, but I don't think that the rest of the world should go the same way. This style of management only truly works on small scales with high government control, as shown by history.

    • @WanderingExistence
      @WanderingExistence 4 года назад

      Community land trusts create similar entities, but as NGO'S, that have worked in the US. Community land trust even helped black sharecroppers start owning their own land back in the 60's Look into CLT's.

    • @THEREALZENFORCE
      @THEREALZENFORCE 3 года назад

      So year by year, decades by decades the government gets wealthier due to housing prices inflation (paid 20% of your salary and 17% by the employer, a wooping 37% total) and the people don't get wealthier.
      Every flat owner or house owner in Luxembourg, yearly gets 10 to 14% richer on the worth of the home. Never will you make that 100000 to 180000 exponentially yearly value increase by savings.
      You got the bad deal in Vienna, Stockholm, Singapore in comparison and their mostly state owned public homes.
      Singapore the most expensive communist housing ever in Human history.

    • @egg-iu3fe
      @egg-iu3fe 3 года назад

      yeah I can't see this working in a country with a far bigger population, the government would just screw it up

  • @mcvgs1780
    @mcvgs1780 4 года назад +17

    Looks relatively good to me. There's no perfect system but this one seems to work best (for Singapore atleast). I don't think its easily applicable to other nations though as Polymater has said. We'd need better politicians for that.

    • @ishitrealbad3039
      @ishitrealbad3039 3 года назад +1

      You don't need better politicians, you need better voters.

  • @afzal5029
    @afzal5029 4 года назад +35

    From the perspective of a Singaporean like me, this helps show such an insight to the rest of the world about our world-class public housing.

    • @TheBooban
      @TheBooban 4 года назад +4

      I always use housing to explain Singapore to my friends.

    • @Misuci
      @Misuci 4 года назад

      Most Eastern European countries tried to replicate Singapore, yet as the population became older they give up the public housing concept. And that was a HUGE mistake. Now we see that in Hungary, for example.

    • @alienmae1231
      @alienmae1231 4 года назад

      @@Misuci why did they give up?

    • @Misuci
      @Misuci 4 года назад

      @@alienmae1231 Most old wanted to stay alive. And private homes seem to be a sure way to have old age security, and independence from political turmoils. Hungary is aging almost as fast as Singapore. We have and ethnic minority, the gypsy population, and they saved Hungary from demographic implosion. That minority used to have a population of about 200 thousand. Now they are 2 million strong. They have a high birth rate, and a high death rate... See
      ruclips.net/video/5lTsOiIMeiA/видео.html

  • @bowlampar
    @bowlampar 4 года назад +12

    If government doesn't intervene in housing industry, many will be homeless in Singapore, the island nation is limited in land with too many residents. Privately owned housing is too expensive for most citizens. Government well managed HDB housing program managed to remove such 'eye sore' from this island nation.

  • @Zodiak213
    @Zodiak213 4 года назад +31

    Really wish we had something like this in Australia, while we have considerably more land, the housing prices here are out of control.

    • @jetah50
      @jetah50 3 года назад +6

      when 99% of the population is in a small area it will cause land prices to rise.

    • @ishitrealbad3039
      @ishitrealbad3039 3 года назад

      Too many people in one spot, too less spaces to put them in.
      A highly competitive market means prices will spike.
      People used to make their own houses, now they have to rely on building projects which are highly regulated and thus expensive.
      So you need the government to make them and sell them, but they will most likely build them and rent them out....

    • @marieravening927
      @marieravening927 3 года назад +3

      Our Australian govt. knows how terribly short of public housing our country is but they are not interested in doing anything about it. They'd rather leave it to the private sector which only supplies those who can afford their product. We used to have good state run housing commissions but they don't build anymore.

    • @ANTSEMUT1
      @ANTSEMUT1 3 года назад +3

      Australia has tried public housing it's just that they can never hold on to it for very long, as the next few successive governments will privatise it piecemeal in the name of "efficiency"

    • @tomorrow4eva
      @tomorrow4eva 3 года назад +2

      Also, they control supply with conditions Australians might not accept. Have to be 35 with a housemate, or married. I can imagine the complaining. That said, I think we could try limited developments aimed at specific demographics with rulesets like this.
      But ultimately our government does not care about social cohesion and well being in the same way Singapore does. So it’s doomed before it starts as a public endeavour.

  • @mamborambo
    @mamborambo 3 года назад +3

    You did an excellent analysis. I live here and can attest to most of this video. As Singapore transitions to a developed nation, the issues of how much public housing become a tool for society control have become more relevant.

  • @elonmuskfunnymoments8062
    @elonmuskfunnymoments8062 4 года назад +58

    As a HongKonger who now lives in Singapore, I can tell you the 90% satisfaction rate is really true. It’s so good it’s really hard to find fault...

    • @elonmuskfunnymoments8062
      @elonmuskfunnymoments8062 4 года назад +25

      Jeremy Wong I don’t think u understand what they mean by satisfaction rate. You’re not unsatisfied with the quality of HDB flats. You’re unsatisfied with your own socio-economic status.

    • @mrtaoroo
      @mrtaoroo 2 года назад

      Can your kids go to public school there?

  • @matt-bl4tg
    @matt-bl4tg 3 года назад +7

    My eyebrows were raised the whole video through. Extremely impressive stuff

  • @icehawk3442
    @icehawk3442 4 года назад +5

    Incredibly detailed take, thank you. There are a few (mostly isolated) cans of worms within such as the 99 year land lease for private and public housing alike, and the questionable success of Light Rail transit in general.
    Those are valid problems, but to others watching elsewhere with vastly less affordable and accessible housing, it's not something to nitpick on unless your standard of living is already adequately high.

  • @sohandanielsingh2927
    @sohandanielsingh2927 4 года назад +75

    Some of the "public housing" you showed are actually very expensive "public housing" or private condominiums btw

    • @gsacelm7753
      @gsacelm7753 4 года назад +17

      Most vids about Singapore are like that tbh, stock footages are mostly taken there

    • @38284LHK
      @38284LHK 4 года назад +7

      Actually some of public housing do indeed look better than private condos. Once I was driving pass a condo and a public housing block side by side. I asked my domestic helper, who is a foreigner, which of the two blocks is more expensive. To my surprise she pointed to the public housing.

    • @midgetwars1
      @midgetwars1 4 года назад

      Removes the stigma that government housing can only be poor.

    • @38284LHK
      @38284LHK 4 года назад +1

      @@midgetwars1 90% of Singaporeans live in public housing. Unlike in most countries where public housing equates to slums, but in Singapore 95% of those living in public housing are proud owners of their public houses which can be sold up one million dollars. So there isn't any stigma attached to those staying in public housing. Even doctors also live in public housing. In fact it is so much cheaper living in public housing than condo or landed property.

  • @vs2d40
    @vs2d40 4 года назад +66

    6:43 minor issue the MRT map colour is wrong

    • @faizbashaAirplanes
      @faizbashaAirplanes 4 года назад +1

      He also forgot thomson line!

    • @kais_the_duck6583
      @kais_the_duck6583 4 года назад +5

      Lol yeah it got really confusing seeing North-South be green. Meh at least it’s fixed later on

    • @faizbashaAirplanes
      @faizbashaAirplanes 4 года назад +2

      @DF AMO three stations are open

    • @TheSense13
      @TheSense13 4 года назад +1

      He said in the a comment that he messed up the colors while editing

    • @davidliu2243
      @davidliu2243 4 года назад

      Faiz Basha is it open yet?

  • @exploringim6191
    @exploringim6191 Год назад +3

    I live in Australia, and we have worries about public housing, because there isn't enough of it. I wish we could implement some of these rules here.
    a) I think "government ownership" is an interesting term. And important. If you could own your house, but the government could create waves of upgrades with different levels of compliances required, that would be neat. The buying and swapping of houses and owning one property is also pretty neat.
    Like, the government owns all the land. You can buy your land from its last holder, but the government can up living standard requirements, forcing you to accept and invest in certain things. It could also, for instance, ask to increase home level, insert new safety measures, but you would be allowed to say no to some degree, and it would have to be affordable.
    If you brought your home from the government, or from the prior owner, you could customise it as you liked, and hand it over. If you were "renting" from the government, you could only customise non-permanently. Having it so you could only own one property means you either pay a prior own as they move somewhere else, or you pay the government, or sell to the government when you move somewhere else. The government could even do deals or swaps, like, one room for another. Having certain room types or house types means you could take a property, measure it, and the label and cost it equally with other properties, so more was paid for more land, and less for less.
    b) I find the idea of the "will you buy a house with me" partner subsidy so interesting. Along with racial divisions. I live in the middle of nowhere. As long as governments kept track on it, and made sure to make it publicly known, it might be okay. And to have a certain leniency to some but not all. I don't think I would mind, especially with the rail systems and others living close enough. They'd also have to measure population to keep the percentages equal. And they would have to make branches happen, so that families had options of staying close.
    Tricky, but the whole thing could be very rewarding if done right. A good idea to explore and tinker with. Well stated.

    • @WarriorOfWriters
      @WarriorOfWriters Год назад +1

      The rental and housing crisis in Australia is frightening. In live in Perth CBD and my rent increases next month. Nothing in Perth is anywhere near as cheap as what I'm paying.

    • @WarriorOfWriters
      @WarriorOfWriters Год назад +1

      The ALP needs to live up to its original legacy instead of being Liberal Nationals Lite.

  • @giangle9234
    @giangle9234 Год назад +5

    This is especially impressive if you consider how crowded Singapore's population is. It's literally an island smaller than San Diego, yet home to a population 4 times as large. Without the same housing crisis and homelessness problem.

  • @damienlee927
    @damienlee927 3 года назад +9

    Without reading most of the comments, I can already guess some will be complaining about the 99 year lease on HDBs. And without even going into the intricates, just for a moment, think, with your brain, what will happen in 50 years time if people can own it indefinitely.
    And also, use some common sense and start thinking, how safe will buildings be, even if it is build to be the best, after 100 years?
    These are things you don't need a phd in economics and civil engineering, to understand

    • @liarwithagun
      @liarwithagun 3 года назад

      Depends on how well built and maintained the building is. There are perfectly livable buildings in the US that are over 120 years old. In England there are buildings hundreds of years old that are still perfectly fine to use because they were maintained well.

  • @derrickoz
    @derrickoz 4 года назад +13

    I'm Singaporean, pro-government and I am super impressed by how well researched and neutral this is. Very well done video

  • @danielsaraolu5343
    @danielsaraolu5343 4 года назад +6

    I am Romanian as well as Canadian. Born in Romania never thought I would see my native country ranked as #1 in the world in home ownership. Wow, Romanians need to cherish that, because people in G7 , G20 and other countries work hard to pay for a roof above their heads. Not a reason to become lazy but one to focus on building a strong economy. Congrats to Singapore for having solved the housing problem in a humane way.

    • @RFLCPTR
      @RFLCPTR 3 года назад

      You can actually thank the Communists for that.

  • @siddharthiyer1120
    @siddharthiyer1120 4 года назад +174

    Could you imagine a law like that being passed in the US? "If the Gov't wants your land because it deems it best for the people, they can take it and pay you far below market value for it". There'd be riots lmao.
    IN all actuality the military would probably end up owning like all of it under the guise of 'national security' lol

    • @nunyabiznes33
      @nunyabiznes33 3 года назад +10

      US don't have Eminent Domain?

    • @danielmorris8748
      @danielmorris8748 3 года назад +19

      @@nunyabiznes33 Eminent Domain pays you above market rates like really above market. Most people would cheer if it is used for their house.

    • @williamweigt7632
      @williamweigt7632 3 года назад +35

      Don’t forget about assigning addresses based on race.

    • @nunyabiznes33
      @nunyabiznes33 3 года назад +2

      @@williamweigt7632 "Eeeeek that's reeecist reeeee!"

    • @A.Froster
      @A.Froster 3 года назад +5

      @@williamweigt7632 Oh, i could already hear the screeching. Strange how that worked so well for Singapore