Housing Is Not a Lottery: Let’s Return HDB to Its True Purpose, [住房不是中彩票:让我们让建屋发展局回归初衷
🏠 Affordable. Accessible. For All
By Mar Vin Foo | Corporate Sustainability | CleanTech Advocate | Former Chief Partner Officer
Affordable public housing was once Singapore’s global benchmark. But today, young Singaporeans feel trapped—by rising prices, shrinking leases, and the gamble of BTO lotteries. 新加坡公共住房曾是全球典范。但如今,年轻一代的新加坡人却被高涨的房价、缩短的地契,以及“预购组屋抽签”所困住。
As Lee Hsien Yang highlighted, HDB housing has shifted from a public good to a speculative asset, creating deep intergenerational and socio-economic divides. 正如李显扬先生指出的那样,组屋从“公共服务”逐渐演变为“投机资产”,造成了严重的代际和社会经济分化。
🧱 From Homes to Assets: What Went Wrong?
🧱 从家变成资产:问题出在哪里?
- 90% of land is state-owned, allowing unnatural control over housing supply and pricing. 政府拥有90%的土地,通过控制土地供应影响房价,造成不自然的市场结构。
- CPF and HDB are deeply entangled, compromising both housing affordability and retirement security. 公积金与组屋深度捆绑,牺牲了可负担住房和退休保障的双重目标。
- Resale flats often cost more than new BTOs, incentivizing speculation. 转售组屋比新组屋更贵,助长了市场投机。
- Increased citizenship and PRs under Lee Hsien Loong’s tenure worsened demand, pushing prices further. 李显龙担任总理期间,大量新公民和永久居民的加入进一步推高需求与价格。

📢 Voices from the Ground
📢 来自公众的声音
A member of the public, a Singaporean, recently shared: 一位新加坡公众成员坦言:
“HDB prices are really crazy nowadays. I worry for our next generation in getting a roof over their heads.” “现在的组屋价格真的疯了。我很担心下一代能否有自己的栖身之所。”
“HDB should be basic and affordable. No frills. Do we need central cooling and fancy designs?” “组屋本该简单实用、价格合理。真的需要中央冷气和豪华外观吗?”
“Like FairPrice turning into FairPrice Finest, ECs blur the line—can’t they just stick to basics?” “就像‘职总平价’转型成‘职总平价优选’,执行共管公寓模糊了边界。为什么不能坚持初心?”
These aren’t complaints—they’re symptoms of a systemic drift. 这些不只是抱怨,而是制度偏离初衷的真实写照。
📌 What New MPs Must Do
📌 新当选议员应采取的行动
This article is written with a sincere call for newly elected Members of Parliament to bring these concerns up in Parliament. The issues raised are not meant to provoke division, but to spark reflection, dialogue, and reform—for the benefit of all Singaporeans.
本文旨在呼吁新当选的国会议员在国会中提出这些民生问题。文章内容并非制造分裂,而是希望引发反思、对话与改革,以全民福祉为依归。
- Decouple CPF from Housing 将公积金与住房脱钩 ➤ Preserve retirement funds, don’t gamble them on property.
- End the BTO Lottery System 结束BTO抽签机制 ➤ Restore fairness, peg prices to median income—not resale trends.
- Return to No-Frills Public Housing 回归“简单实用”的公共住房 ➤ Let residents decide how to upgrade—not developers.
- Revive Heartland Shops, Limit Monopolies 复兴邻里商店,限制垄断 ➤ Don’t let supermarket chains destroy small business ecosystems.
- Ensure Fairness Across Communities 确保族群间公平 ➤ Review ethnic integration policies and housing access criteria.

🔍 Final Thoughts: From Control to Community
🔍 最后思考:从控制到共建
As Lee Hsien Yang noted: 正如李显扬所指出:
“HDB was created to be socially distributive and level inequality.” “建屋发展局的初衷,是为了公平分配资源,缩小社会差距。”
Today, it does the opposite—deepening generational debt and turning citizens into market pawns. 如今,它反而加剧了代际债务,把国人变成了市场操盘的工具。
It’s time we return to the basics: 是时候回归本源:
🏠 Affordable. Accessible. For All. 🏠 平价。可得。全民共享。
📚 Further Reading / 延伸阅读
- Lee Hsien Yang’s Full Facebook Post – April 2025
- Topics: Housing inflation, CPF-HDB contradiction, ethnic integration, young Singaporeans’ burden
- 主题:住房泡沫、公积金与组屋矛盾、种族整合政策、年轻一代的压力
⚠️ Disclaimer / 免责声明
This article reflects the author’s interpretation of public commentary and viewpoints, including those of Mr. Lee Hsien Yang. Readers are encouraged to verify all facts independently and assess the perspectives shared in context. 本文基于作者对公众评论及李显扬先生言论的理解和整合。读者应自行查证所有资料的准确性,并在阅读时保持批判性思维。
The purpose of this article is to foster informed dialogue, not to incite division. It is intended for constructive consideration by policymakers, thought leaders, and concerned citizens alike. 本文旨在促进建设性对话,而非引起对立。希望能为政策制定者、思想领袖及广大市民提供参考与启发。
🔖 Hashtags / 标签
#SingaporeHousing #HDB #CPF #PublicPolicy #YoungSingaporeans #AffordableHousing #公共住房 #新加坡政策 #代际公平 #城市规划 #建屋发展局 #李显扬 #可持续发展
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