Khaw reminds EC developers of the intent and spirit of EC policy
An EC penthouse which supposedly sold for $1.77 million and another luxurious EC penthouse coming up - Minister Khaw reminds EC developers that they must remember the policy intent of EC and the spirit of the EC policy to help Singaporean families earning within $12,000 per month acquire a condominium at below market rate. EC...
Hong Kong VS Singapore: Public housing
Public Housing apartments: Singapore(left), and Hong Kong(right) What comes to mind when you think of Hong Kong’s housing? Dark, cramped, dingy and tiny spaces tucked away in decrepit buildings, or less dreary but equally tiny and exorbitantly-priced shoebox apartments in chopstick-like skyscrapers (pictures)? Either way,...
BTO flats remain affordable: Khaw
The 12 percent uptick in prices of new HDB flats since January 2009 for first-time buyers is still lower compared with the 34 percent increase for resale units during the same period, said National Development Minister Khaw Boon Wan in Parliament. “We take affordability fully into account when pricing BTO (Build-to-Order)...
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