30 May '11, 5am

Singapores%20Property%20Market%20Headed%20Towards%20a%20Perfect%20Storm%3F%20-%20Yahoo%21%20Singapore%20Finance

MND,I suggest build three groups of hdb flats for three type of buyers. One grp is the one who are lower incm grp, build for them at least two rm and three rm flat which are located on land which are not inside the existing mature estate like chua chu kang, lim chu kang , jurong areas. Those flats should be sold or first rent then convert to sell to each buyer base on their incm capability. These flat should be price around half the price of those in town or mature estate. This can solve the lower incm family to own a flat and not worry about high loan high interest repayment. 2nd grp is the one who can afford to buy flat at mature estate area with market price. They are allow to change flat when their incm increase and family size and total incm allow them to change to bigger flat. They will form the base for the real estate market force for our country.No matter what hap...

Full article: http://sg.finance.yahoo.com/news/Singapore-Property-Marke...

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