26 Apr '11, 7am

Mah Bow Tan promises affordable homes in YouTube video

National Development Minister Mah Bow Tan says public housing in Singapore will remain affordable. The reassurance was contained in a six-minute video produced by his ministry and uploaded on YouTube, yesterday (Monday). The video acknowledged the concerns of home buyers. Those interviewed in the video cited rising costs, a long waiting time and multiple unsuccessful attempts at getting a Build-To-Order flat as their main concerns. The video answered these questions, stating that the HDB provides various housing grants, has ramped up the supply of BTO flats, and has reduced the application and building time. In the video, Mr Mah reiterated that Singapore has the highest home ownership percentage in the world and gave his commitment that it will stay that way. He said: "And here, I would like to make this categorical assurance and commitment. That we will continue to provid...

Full article: http://www.todayonline.com/SingaporeVotes/EDC110426-00008...

Tweets

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