"the amount of space an occupant gets has actually increased over the years, even though the flat sizes are smaller, as Singapore's household size has also decreased....While big families were common in the past, families might now have only two to four members."
~HDB Chief Executive Cheong Koon Hean
http://temasekrevealed.blogspot.com/201 ... -rate.html
Great logic....birth rate drop=smaller size family=smaller size unit
but can sell it at a smaller price?