clinton666,
Mah BT wants you to believe that once the new bto flat prices are depressed, all the existing flats will lose their value.
In reality, with all the HDB rulings, it is unlikely this will happen.
New flats and existing resale flats serve different segments of society.
Unless there is a islandwide mass transaction of all the households taking place at the same time, this will not happen.
Unless it is a deliberate attempt by the MIWs to depress all flat prices solely to take revenge on the people, this will not happen.
On the contary, WP policies of making new flats cheaper and affordable will benefit existing flat owners like you.
When you sell your old flat, you can get a cheaper new flat.
This is when the asset enhancement policy will truly benefit you!
If new flat prices rises in tandem with your existing flat, wherein lies the benefit of the asset enhancement policy?
Now they are trying to introduce measures to curb and lower resale flat values, and yet new bto flats prices keep on rising,
wherein lies the benefit of the asset enhancement policy?
So don't be taken in by Mah BT threat.