June, 2008
Main Stories, Top Story, Uniquely Spore - Sunday, June 29, 2008 22:41 - 38 Comments
Making sense of HDB rejections
I refer to HDB’s latest BTO, Straits Vista@Marsiling launched on 10 June. (“HDB’s challenge: low-cost housing, condo-like flats” (ST, Jun 11)) (“Marsiling goes BTO :Straits Vista project launched as HDB wins UN award” (Today, Jun 11)).
Why is it that the problem of all applicants rejecting BTO HDB flats offered, resulting in leftover flats, is only a recent phenomena over the last year or so ?
Is it because not only has HDB 4-room flat prices increased by an average of 40 to more than 100 per cent from about two years ago, and the price range has also widened ?
For example, the price range for BTOs at Straits@Marsiling is from $116,000 to $164,000 (3-room) and $184,000 to $257,000 (4-room), and $ 234,000 to $ 305,000 (4-room) for Punggol Sapphire. Continue…
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- The Universal Declaration Of Human Rights
- TOC Human Rights Focus Week
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- Talk and forum on the ASEAN human rights mechanism
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