In the year 1960, Singapore did not have the skylines which greet visitors when they drive out of the Changi Airport and it was then that the Housing & Development Board (HDB) was established as a government agency to solve Singapore’s housing crisis and to provide affordable and quality housing for the growing population. In the next three decades Singapore’s skyline would go through a transformation as a comprehensive rejuvenation program to enhance living environment would be launched. For, Surbana which was a wholly-owned of Temasek Holdings, the Singapore Government investment vehicle, the last fifty years have enabled it to literally leave its name etched across Singapore as it sculpted the unique skyline of Singapore, creating almost one million homes for over 85% of the population in an integrated living environment. Recognized today as one of Singapore’s Top 10 Architectural Firms for the sixth consecutive year, Surbana Corp (formerly known as HDB) is Singapore's public housing and statutory authority, under the Ministry of National Development. Surbana continues to remain the sole agency in charge of public housing in Singapore as it plans and develops townships that provide quality homes and living environments.
Today, about 84 percent of Singaporeans live in Surbana developed flats. Displaying an awesome year-on-year growth rate of 18%, its 2009 revenue was over $266 million.