Letter to the Editor | If HDB flat prices keep going up, it will spur a vicious cycle and far-reaching negative impacts - Singapore News

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

'Undeniably, if our public housing policies are so perfect, there is nothing to complain about, our opposition doesn’t need to bring the subject to the parliament for debate.' — Teo Kueh Liang, Letter to the Editor

"Undeniably, if our public housing policies are so perfect, there is nothing to complain about, our opposition doesn’t need to bring the subject to the parliament for debate." — Teo Kueh Liang, Letter to the EditorI read with concern The Independent Singapore News, “Sengkang HDB flats sell for almost $1M as resale prices soar” .

For example, a 4-room HDB flat in a matured estate area, such as Holland Drive and Clementi in the 1980s, will only cost between 77K to 90K. But now, a 4-room BTO flat is priced between 310K and 350K in the non-matured estate areas, such as Bukit Batok. If it is in Clementi Avenue 6 area, the price of it will be higher.

This scenario/situation of HDB flats prices being manually spiralled upwards will only hurt first-time buyers and those with valid or urgent rationales for seeking a roof of resale flat. And in long run, it will affect the entire housing market. We also can’t expect the PAP Government to continually render financial subsidies for first-timer HDB buyers who wish to buy a resale flat.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OR. late A.G. Frohnmayer had deleted all records in L.C. It shows I'd changed my name to Nadia Sindi.Left old name Faika Sindi.Changed letters to Saika Findi! Frohnmayer has trapped me in a criminal record since 1987!

Gov. Kate Brown Appointed 100 Judges.She made sure before she leaves, she appointed TWO more Judges to cover her back! Arrest Gov. Brown, Rep.Nathanson & the Rest of Oregon Criminal Officials who are complicit with the Most Criminal Officials late Frohnmayer, late Rep. Ackerman!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in PROPERTY

Property Property Latest News, Property Property Headlines