$1,000 income can give you a 2-room HDB flat but...

[tanwahp]

... the "BTO" will first have to be renamed "IPO".

Punggol 2-room BTO: 12.7 times oversubscribed

Woodlands 2-room BTO: 9.3 times oversubscribed

Bt Batok 2-room BTO: 7.1 times oversubscribed

Sengkang 2-room BTO: 25.6 times oversubscribed

Yishun 2-room BTO: 12.4 times oversubscribed

Source: HDB website

I remember when share market was hot, the (over)subscription rate of new listed companies looked like this.

The total number of 2-room flats since Sep 2013 is 1,769 in 7 batches. This barely caters to the lowest number of 1,443 applicants in one sales exercise alone.

 

[Getloud]

I'm more interested in how many Singaporean actually paid $13k to buy a 2 room flat.

 

[laksaboy]

[video=youtube;4X61EJk3oaM]https://www.youtube.com/watch?v=4X61EJk3oaM[/video]

Ah Neh finance minister has truly mastered the art of bullshitting.

 

[nangkhammei]

1000 can afford flat, wash dishes 3000, drive taxi 7000 .... No wonder so many foreigners want to migrate here.

 

[SamSeng]

Don't you guys worry, when you looked at your CPF, ain't you guys feeling RICH?

 

[songsongjurong]

Mabok Tan did say no more 2 room flats will be built during his reign ?

 

[GoldenPeriod]

So many want to live in SengKang nowadays.

 

[winnipegjets]

Looking forward to see how the millionaire minister back up his claim.

 

[palden]

1k give 2 rm
2k get 4 rm
4 k can get 8 rm
10k can open hotel liao.

 

[Semaj2357]

1k give 2 rm
2k get 4 rm
4 k can get 8 rm
10k can open hotel liao.

depends on what class of hotel, as a 2-star hotel is only comparable to a pair of tight jeans...... no ballroom

 

[palden]

depends on what class of hotel, as a 2-star hotel is only comparable to a pair of tight jeans...... no ballroom

Sinkees no balls la

 

[zhihau]

Mabok Tan did say no more 2 room flats will be built during his reign ?

that's why the cow is on the job now...

 

[GaiGar]

that's why the cow is on the job now...

So do we have $8 deposit for HDB flat under his wing?