Guess who said this - HDB Housing Prices

[Thick Face Black Heart]

[h=5]MND minister Khaw BW has declared that HDB has delinked the price of new HDB flats from the resale market... Although I am still skeptical about it but I welcome such move if it is indeed true. HDB has further revealed that new HDB prices should be only 4 times of the annual income of intended salary groupings. I also welcome such policy direction although this is far from what I have advocated, Cost-plus pricing mechanism, it is just a small step forward. It would mean that for a household income of $4K to own a 4 room flat, it should not cost more than $192K. This fall short of my estimation of $160K for a 4 room flat but still a vast improvement from the present pricing.

At the very least, I would say my battle on HDB housing pricing during GE2011 has gained a substantial victory. [/h]

 

[rusty]

At the very least, I would say my battle on HDB housing pricing during GE2011 has gained a substantial victory.

Sounds familiar ..... GMS?

 

[kingrant]

I thought SDP had a similar proposition - NOM type flats or sth..

 

[Thick Face Black Heart]

I thought SDP had a similar proposition - NOM type flats or sth..

SDP's proposal is not pegged to income, but pegged to cost of construction. And yes their NOM flat cannot be sold on open market.

 

[kingrant]

Tks for clarification. I guess Khaw must have stolen idea from you.

SDP's proposal is not pegged to income, but pegged to cost of construction. And yes their NOM flat cannot be sold on open market.

 

[Thick Face Black Heart]

Tks for clarification. I guess Khaw must have stolen idea from you.

Yes, Khaw stole the idea from GMS. All GMS ideas are being stolen and used by PAP to win back votes. GMS is our hero!

 

[DogVader]

Yes, Khaw stole the idea from GMS. All GMS ideas are being stolen and used by PAP to win back votes. GMS is our hero!

Vote GMS. He is our hero.