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.
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’:
“Let me just talk about the housing situation in Singapore. Is it really so dire? Is the HDB flat really so out of reach?”
Mr Tan explained that HDB flats are not priced the same because when determining the prices of flats offered, HDB factors in the costs of building the flat as well as the prevailing…
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