The Singapore Improvement Trust (SIT) was a government organisation set up in 1927 by the British colonial government in Singapore in response to the housing needs of the population of Singapore. To read more about SIT, you can read from wikipedia. Now the Housing and Development Board take over the SIT.
So I was lucky to be able to live in a flat since the day I was born so I have flushing toilet system and I dont have to use the bucket type of toilet...lol. Most flats during the early days are rented but nowadays more than 90% of homeowners in Singapore own their own flats/houses. (I dont have the latest figure of homeownership...so the figure was based on what I read in the papers.)
The flat and the surrounding flats were all demolished and now new flats built by the HDB take over the place. There are only 3 or 4 new blocks replacing about 20 blocks of the old flats, most are vacant land, I guess there are more plans to built more new flats when there is a demand for it. I just couldn't recognize the place when I went back there last month to have a look at the estate.
The flat and the surrounding flats were all demolished and now new flats built by the HDB take over the place. There are only 3 or 4 new blocks replacing about 20 blocks of the old flats, most are vacant land, I guess there are more plans to built more new flats when there is a demand for it. I just couldn't recognize the place when I went back there last month to have a look at the estate.
The newer flats are much more expensive and higher. Each flat in this area can cost about S$300,000 or more depending how big the flat is.