The honorable Minister did not really address the $68,000 difference in sale prices of two units of same flats on 2nd and 12th floors. The lowest floor is $68,000 more expensive than the highest within one and half year! How would you feel if you had bought the same size flat which costs extra $68,000 than your neighbour? Inflation or drastic market price rising within such a such time? Or profiteering? I don’t know. It seems so obviously ridiculous right? That is the crux of the issue. If it’s just $6,800 I’m sure most of us can accept. This is my perception. I’m sure many will share the same view.
Originally posted on THE TEMASEK TIMES:
In the article, ‘Gin Tai’ lamented at the sky-rocketing prices of HDB flats in Singapore in recent years which has priced many Singaporeans out of reach. He also expressed his unhappiness that similar-sized flats are not priced the same. (read more here)
In a note posted last night, Mr Tan began by asking netizens if the housing situation in Singapore is really so ‘dire’: