18 Mar '13, 9am

Keeping HDB homes affordable

http://www.businesstimes.com.sg/arch...dable-20130311 Published March 11, 2013 Keeping HDB homes affordable Khaw says any policy change will not drastically impact market By Lynn Kan [SINGAPORE] Will the HDB one day return to the policy where public flats can be sold only back to the board? Such a move is among several the government is looking at in its push to drive down prices of new flats. Minister for National Development Khaw Boon Wan said that other measures being considered to keep flat prices affordable include lengthening the minimum occupation period and shortening leases. Mr Khaw cited these as "reasonable" options that will be discussed further to consider their impact on the market. Speaking at the sidelines of a community event yesterday, Mr Khaw said any policy change will be made carefully so as not to drastically impact the property market. He also acknow...

Full article: http://forums.condosingapore.com/showthread.php?p=380311#...

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