Is HDB really affordable to Sinkies???

[CPTMiller]

Because only HDB supplies BTO flats!

No matter what you said.
Government believes hdb is affordable to sinkies.
Sinkies agreed its affordable and continue support its application and over subscription everything.
Unless the sinkies demand for bto decrease then maybe Government will re look on the hdb pricing.

 

[Ng Cheh Hwang]

Lawrence kept telling his assistants that HDBs were so affordable.

 

[CPTMiller]

Lawrence kept telling his assistants that HDBs were so affordable.

Its a fact. Maybe his assistants also applying affordable BTO too.

 

[searcher1]

Why must HDB pay $3 Billion for Land Cost ?
Its Public Housing built for Citizen, why cannot flat rate $5000 ?
In return, there should not be price appreciation for HDB
HDB flat should start drop its value from Start until Zero at 99th Year
A Resale Flat should be priced cheaper than brand-new BTO
This will stop those property-flipper, roti-prata ....etc

Land Cost is applicable for Private Developer, they build Condo for Rich People
Their price can keep going up until the Moon but leave HDB alone
Why in land scarce Singapore needs to have freehold property ?
Should revoke all Land & Property back to 99 years tenure

 

[JohnTan]

Land Cost is applicable for Private Developer, they build Condo for Rich People
Their price can keep going up until the Moon but leave HDB alone

Condo and HDB resale prices are correlated. Many sinkies cash out of HDB and use their profits to buy condos. It's the same way around too, when older folks sell off their condo or private property, and use the profits to buy retirement HDB flats.