
The Problem with HDB or Deflating the Housing Bubble-Part 2
In his Parliamentary speech Mr Khaw describes how the government’s asset appreciation policy had allowed some HDB owners to build up substantial nest eggs. However, Singaporeans have actually been short-changed by their government/landlord because they have been forced to accept housing quality and densities at a cost...

$5 Billion, 5,000 Blocks, 500,000 Families – The LUP Story
Minister Khaw Boon Wan Among the many HDB upgrading programmes to improve quality of life in HDB estates, the Lift Upgrading Programme (LUP) tops the popularity chart. It is welcome by all, our seniors, our mothers with prams, our residents with marketing trolleys. Who does not want a lift which stops at the floor you live in? Launched...

The Problem with HDB or Deflating the Housing Bubble-Part I
Recent announcements by Mr Khaw Boon Wan in Parliament and on his blog indicate that he is rethinking the role of HDB in Singapore’s future. There seem to be hints that the PAP are abandoning their somewhat euphemistically entitled, “asset appreciation” policy which I call a policy of “deliberately creating a housing...
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