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19-06-2013, 03:10 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
How are prices of new flats derived?
Published on Jun 18, 2013
LAST week, I accompanied my mother to select a flat and I was astounded by the prices of flats.
A four-room, 85 sq m unit in Clementi cost nearly $500,000.
I wonder how an average person and the younger generation can afford these flats.
Does this mean all Singaporeans will have to take a 30-year loan to repay the cost of their flats?
Can the relevant authorities explain how the prices of new HDB flats are derived?
Tan Kah Hong
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?154820-This-sinkie-still-refuses-to-accept-that-HDB-flats-are-affordable&goto=newpost).
How are prices of new flats derived?
Published on Jun 18, 2013
LAST week, I accompanied my mother to select a flat and I was astounded by the prices of flats.
A four-room, 85 sq m unit in Clementi cost nearly $500,000.
I wonder how an average person and the younger generation can afford these flats.
Does this mean all Singaporeans will have to take a 30-year loan to repay the cost of their flats?
Can the relevant authorities explain how the prices of new HDB flats are derived?
Tan Kah Hong
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?154820-This-sinkie-still-refuses-to-accept-that-HDB-flats-are-affordable&goto=newpost).