Abstract
The housing market in Singapore has observed extensive development and growth over the pastyears due to the validation of favourable economic, lawful, social, civilized, and political policies.housing and Development Board is the managerial organization that responsible for the developmentand improvement of the housing area in Singapore. In Singapore, above 80% of its citizens ownhomes, apartments, hostels and flats. Singapore has also set up economic facilities such as the CentralProvident Fund (CPF) to provide loan to its citizens at a lower interest rate to acquire houses andapartments. Favourable housing policies have also enabled the development and growth of otherhousing industries in other developed economies such as the UK, USA, Sweden, and Poland.