HDB Deputy CEO: Flats are "within family's reach"

[ChaoPappyPoodle]

"Within reach" is not the same as within grasp. So he is right but like all pappies and their dogs and prostitutes, they can be intellectually dishonest and get away with it because the media doesn't question them nor do they do a through job in their role as the media.

These scumbags are all in cohoots to lie and cheat. They are dishonest. It is as simple as that. Whether the prices are within reach or not has nothing to do with the skyhigh prices of HDB flats!

 

[pia]

My sympathies actually go to the sandwiched dual-income couples making each about $4k-5k/month, not qualified for first-time HDB flats. There's such a big gap between that to private residences. And with the astronomical prices of HDB re-sale flats as well..

 

[jimmyfallon]

My sympathies actually go to the sandwiched dual-income couples making each about $4k-5k/month, not qualified for first-time HDB flats. There's such a big gap between that to private residences. And with the astronomical prices of HDB re-sale flats as well..

with 8 to 10k /month can easily afford a condo out of the city.

 

[ahpong]

with 8 to 10k /month can easily afford a condo out of the city.

Not anymore. The monthly mortgage payment is about $4K to $5K. That leaves very little for other essentials, not to mention when you are old and retired, you have to literally eat bricks if you don't have a filial son or a good son in law.

 

[pia]

with 8 to 10k /month can easily afford a condo out of the city.

That will be no different from HDB telling a $4k couple a $300k flat is affordable. Just multiply by 2.

 

[Porfirio Rubirosa]

sorry but i don't have much sympathy for this group...at $8-10K combined income they can easily and comfortably find an affordable hdb flat in a non mature estate...and still build on savings + car + maid etc...the problem with this group and quite afew in the young newly wed group is that the are very choosy and picky...well if you are very choosy and picky then supply and demand principles kick in more...its as simple as that...

My sympathies actually go to the sandwiched dual-income couples making each about $4k-5k/month, not qualified for first-time HDB flats. There's such a big gap between that to private residences. And with the astronomical prices of HDB re-sale flats as well..

 

[RK85]

I feel sick reading the same standard reply from HDB saying the the flats are heavily subsidised, affordable, below int'l benchmark, blah, blah, blah when countless ppl have written in to complain on the high prices in the forums; & this is only a handful of letters that are published. There may be hundreds more which are not published.

 

[TeeKee]

I feel sick reading the same standard reply from HDB saying the the flats are heavily subsidised, affordable, below int'l benchmark, blah, blah, blah when countless ppl have written in to complain on the high prices in the forums; & this is only a handful of letters that are published. There may be hundreds more which are not published.

maybe this is one of the agenda opposition parties to should highlight during this coming election rally...

so many ammos for oppositions PAP still dun die...

 

[Porfirio Rubirosa]

please also see the discussion in this thread below

ST Forum 14/9: HDB's Conflict of Responsibilites Revealed

 

[SamuelStalin]

sorry but i don't have much sympathy for this group...at $8-10K combined income they can easily and comfortably find an affordable hdb flat in a non mature estate...and still build on savings + car + maid etc...the problem with this group and quite afew in the young newly wed group is that the are very choosy and picky...well if you are very choosy and picky then supply and demand principles kick in more...its as simple as that...

A correction here: most people with a joint income of a scale like that (though it is still pretty small to be really impressive honestly) would live in flat-imitates you people call condominiums.