So think of it like this. Standard flats are good flats built all over Singapore, and will have HDB’s standard subsidies and standard restrictions. Plus flats are in the choicer locations within a region, and will have more subsidies and tighter restrictions than Standard flats. And Prime flats are in the choicest and most central locations in the whole of Singapore, and they will have the most subsidies and tightest restrictions. Let me show you the whole picture in one slide.
The new framework of Standard, Plus, and Prime. Standard islandwide, subsidies are standard and restrictions are standard – that is why we called it standard. Plus flats have choicer region, more subsidies and tighter restrictions. Prime flats, have the choicest locations, most subsidies and tightest restrictions. Actually the quality of the flats, they are all good flats, good flats, good flats. But the locations are different, the subsidies are different and the restrictions are different. And this new framework – Standard, Plus and Prime will be a major change to the way HDB sells flats. HDB will roll out this framework for all new projects from the second half of next year. It will not affect existing projects. Your current homes, or the homes you have already booked, will not be reclassified.
In time to come, we will no longer refer to new projects as Mature and Non-Mature. Instead, we will build a good mix of projects within and across regions, to cater to different needs and budgets. And that is how we can fulfil our commitment to keep high-quality HDB flats accessible and affordable to you and your children for a very long time to come.

Enhancing Access for Singles
The new framework – Standard, Plus, and Prime – will affect everyone buying a new HDB flat, but there is one special group I want to address: the singles. More and more Singaporeans are choosing to be single. Singles too hope to own their homes and have more housing choices. We hear your concerns.
Today, first-timer singles can apply for new flats, but only 2-room Flexi flats and only in Non-Mature Estates. They cannot buy new Flexi flats in Mature Estates. Singles are also not allowed to buy Prime flats. These rules are to prioritise our limited supply of flats, but unfortunately, they have restricted singles’ choices. We will do something about this.
When we roll out the new framework, singles will be allowed to buy 2-room Flexi flats across all types of BTO projects – Standard, Plus, and Prime. HDB will tell you the details soon. But I am sure singles will welcome this move to have more choices to find your own home and to write your own part in Singapore’s housing story.
Our Housing Foundations
I spoke earlier about the foundation stone that Mr Lee laid back in 1963. Today, Cantonment Road Housing Estate has been redeveloped into our most iconic public housing project – The Pinnacle @ Duxton. But 60 years on, that original foundation stone is still there, at the Heritage Garden at the Pinnacle. It occupies pride of place, to remind each new generation that our housing programme is a vital part of the Singapore story; that the Singapore we live in today, is what we have inherited from those who came before us; and that we owe an immense debt to the hard work and good governance of the founding fathers and the pioneer generation.
SECTION 5: CONCLUSION
Our Founding Values
In a few weeks’ time, we will be marking the 100th birth anniversary of Mr Lee Kuan Yew. It is timely to reflect upon the values and ideals championed by Mr Lee and the founding fathers., and for us to renew our commitment to these enduring values and ideals.
I spoke in my Malay speech earlier about an exhibition now on at the National Museum: Semangat yang Baru: Forging a New Singapore Spirit. The exhibition tells the story of the birth of our nation. It transports us back to our early years of nation-building. It honours the indomitable spirit of the Pioneer Generation. They dared; they fought ferociously for Singapore; they never gave up. And thus they turned mudflats into a metropolis, and took us from Third World to First.
But our forefathers built more than a nation of bricks and mortar, skyscrapers and a thriving economy. They created a nation founded on ideals: justice and equality; religious freedom and racial harmony; a commitment to excellence; a fair system of meritocracy; and an uncompromising insistence on honest, clean government.
Integrity and incorruptibility are fundamental to Singapore. They are the foundation on which we run a clean and effective Government, and deliver results for Singaporeans. Mr Lee Kuan Yew considered these the most crucial ideals of all. On his 90th birthday, he came to Parliament to attend the sitting. We celebrated his birthday in the Members’ Room. We were all there – PAP MPs and Ministers, Opposition MPs led by Mr Low Thia Khiang, as well as NMPs. Frail and ill, Mr Lee said just a few words. He spoke only about one thing – he reminded us Singapore must always remain clean and incorruptible, and Ministers and MPs have to set the example. Otherwise, he said, we are finished. I will never forget those brief words. For the sake of the country, I will do all I can to keep faith with Mr Lee’s hope. No matter the price; no matter the embarrassment or political cost – I will do my utmost to keep the system clean. Every generation of PAP leaders must also stand by this – this is what Singapore depends upon.
The ideals I spoke about are not just abstract aspirations. They are our compass; they guide every decision we make. They give purpose and meaning to our nation building. They make Singapore stand tall amongst the nations of the world.
By upholding these ideals, we have over decades built a high trust society. One where people trust one another – “regardless of race, language or religion”. Where the people and the Government trust each other too, in big ways and small. This is what saw us through the ups and downs over the past 58 years, and this is how we weathered COVID-19.
COVID now seems like a bad dream. Confused, receding, getting forgotten. But the pandemic could well have been a real nightmare. Things could easily have gone horribly wrong, as they did in many other countries. Thankfully, we avoided disastrous outcomes, and averted the loss of many, many lives. Our people came through safe and sound; our economy revived in good shape; and our society has grown more united, not less. We owe this to our collective efforts, and our strong mutual trust, which we must strengthen and deepen to secure a bright future for our people.
Succession
As we prepare for the future, one crucial task is leadership renewal. As you all know, my original plan was to hand over and step down as Prime Minister by 2022, before my 70th birthday. But the pandemic disrupted this plan. I promised Singaporeans that I would see the nation through the crisis, together with both the current and the 4G leadership. Now COVID is behind us, and my succession plans are back on track.
Recently, several controversial issues have drawn Singaporeans’ attention. I have spoken about them in Parliament, and in my National Day Message. We dealt with each of them thoroughly and transparently. Let me assure you: these incidents will not delay my timetable for renewal. We are on track.