• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Khaw Boon Wan mathematics - BTO flats no longer follow resale price u know?

†††††

Alfrescian
Loyal
How BTO-resale prices delinked

Khaw Boon Wan mathematics
delinking = discounts
discounts = household income + resale price + flat attributes + size

By Joy Fang
My Paper
Wednesday, Feb 06, 2013

The delinking of Build-to-Order (BTO) flat prices from resale prices refers to the Government varying the discounts given to buyers, to determine BTO prices so that they can remain steady, said National Development Minister Khaw Boon Wan yesterday.

He was replying to a question on why he said last Thursday that the prices of BTO flats had been delinked from resale prices.

Yesterday, Mr Khaw explained that when setting prices for BTO flats, the Government considers the typical household income of families, the market price of similar resale flats in the vicinity and flat attributes, such as their size. A "substantial price discount" is then applied and first-time home buyers are given housing grants, he said.
 
Last edited:

ahkow

Alfrescian
Loyal
How BTO-resale prices delinked

Khaw Boon Wan mathematics
delinking = discounts
discounts = household income + resale price + flat attributes + size

By Joy Fang
My Paper
Wednesday, Feb 06, 2013

The delinking of Build-to-Order (BTO) flat prices from resale prices refers to the Government varying the discounts given to buyers, to determine BTO prices so that they can remain steady, said National Development Minister Khaw Boon Wan yesterday.

He was replying to a question on why he said last Thursday that the prices of BTO flats had been delinked from resale prices.

Yesterday, Mr Khaw explained that when setting prices for BTO flats, the Government considers the typical household income of families, the market price of similar resale flats in the vicinity and flat attributes, such as their size. A "substantial price discount" is then applied and first-time home buyers are given housing grants, he said.

To delink is to make independent. So can Khaw confirm that if prices of resale flats go up then the prices of BTO do not go up but stay the same??????If he cnnot confirm, then where is the delinking?????
 

godiva

Alfrescian
Loyal
The mistake he made was uttering the 'delink' in the first place. Now scrambling like mad to cover his earlier slip of tongue.
 

laksaboy

Alfrescian (Inf)
Asset
The mistake he made was uttering the 'delink' in the first place. Now scrambling like mad to cover his earlier slip of tongue.

Delink? I think he's talking about D-Link, a manufacturer of networking equipment. :biggrin:
 

Kinana

Alfrescian
Loyal
Rotten bread too would be snapped up, if alternative is going hungry

Wrong analogy. First of all, we ain't hungry, we are very rich. secondly, bto flats are good, not rotten. finally, there are alternatives around, they are much more expensive compared to bto
 

garlic

Alfrescian (Inf)
Asset
No lah, you all got it wrong, he meant BTO is "THE LINK" to resale flat prices. Not "de-link".. :biggrin:
 

godiva

Alfrescian
Loyal
This Penang Laksa is one of the worst MIWs. Always act kind and benevolent on the surface but inside the heart is black like charcoal.

At least Vivian looks and acts like a crook. This Penang Laksa is Budda Face Snake Heart.
 

tonychat

Alfrescian (InfP)
Generous Asset
This Penang Laksa is one of the worst MIWs. Always act kind and benevolent on the surface but inside the heart is black like charcoal.

At least Vivian looks and acts like a crook. This Penang Laksa is Budda Face Snake Heart.

Stupid sinkies deserve to be screwed by low class minister...Buy a Flat which you people cannot own...
 
Top