The Can-Kicking Conundrum: How Cooling Measures Solve Today’s Crisis by Creating Tomorrow’s
28 October 2025
Alex and Li Ting did everything right — they saved, planned, and followed every rule. Yet after years of discipline, they found themselves outbid again and again for an HDB resale flat. Their story is becoming all too common in a market where even a suburban HDB flat in Woodlands recently sold for a record $1.27 million.
That eye-popping figure isn’t an isolated case — it’s a warning sign.
In the first nine months of 2025 alone, 1,243 HDB flats have crossed the million-dollar mark, already outpacing the total for all of 2024.
In The Can-Kicking Conundrum, 28 Districts Estate Agency explores a hard truth: Singapore’s repeated rounds of “cooling measures” may actually be intensifying long-term problems. The article breaks down:
🔁 Three vicious cycles created by today’s policies — including the “Supply Constriction Trap” and the “Aspiration Penalty.”
💰 Why restrictions meant to keep homes affordable are driving up prices instead.
🧩 The bigger question: Should public housing remain a social good — or has it become just another financial asset?
📄 Read the full article to understand the data, insights, and solutions: The Can-Kicking Conundrum