PM Lee "One whole FAMILY earn $1,000/mth can buy flat" (so why you guys complaining?)

[Sammyboy RSS Feed]

An honorable member of the Coffee Shop Has Just Posted the Following:

http://www.todayonline.com/singapore...3-live-updates



HOUSING

8.20pm: “We built record number of new flats, delinked new flat prices from resale market and allowed singles to buy BTO. We want to help Singaporeans own their own homes, raise loving families and build strong communities. I will make sure every Singaporean family who is working can afford a HDB flat. We can do that.”

8.24pm: “A family earning $1,000 can afford a 2-room flat. Those who earn $2,000 can buy 3-room flat. And those who earn S$4,000 can afford a 4-roomm flat if they use their CPF to pay off 25-year loan. We will give families who can afford 2-room flats Step-Up Housing Grants to help them upgrade to 3-room flats. We will also extend grants so that a middle-income household will get up to S$20,000 more if they buy a 4-room flat.”

Full story at: http://tdy.sg/14r1W4i


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