How do we know this? Wait for Jack Neo to make a movie "HDB Parking Lots Not Enough!", maybe.
I read an article in The Straits Times on my iPad today that the "pace of growth of car ownership has overtaken that of HDB's carpark-building programme.
"The number of HDB carpark spaces has risen from 539,800 in 2005 to 557,000 as at June this year - a 3.2 per cent rise.
"But the number of HDB households - the bulk of Singapore households - with a car has grown by 26.3 per cent to 310,400 over the same period. And the number with more than one car has shot up by 76.5 per cent to 45,900."
It seems that we could use the scarcity of HDB carpark spaces as an indicator of economic prosperity in Singapore. Given the cost of car ownership in Singapore, the growth of car ownership amongst HDB households probably shows that many are better off in recent times.
For me, I am glad that I do not have a problem finding a parking lot in the HDB estate where I stay now. Well, not yet, perhaps.