Jun 24, 2011
Tin Pei Ling shares views on DBSS saga
Tin Pei Ling, Member of Parliament for Marine Parade -- ST PHOTO: JOYCE FANG
MEMBER of Parliament for Marine Parade Tin Pei Ling shared her thoughts on Facebook on Friday morning about the recent news regarding the Design, Build and Sell Scheme (DBSS) project in Tampines.
The flats at the 708-unit Centrale 8 raised an uproar last week over the $880,000 price tag for its largest units, as the price was nearly that of executive condominiums.
Project developer Sim Lian later said quoted price ranges were only 'indicative', before releasing a 'confirmed price range' for the flats, which showed a $100,000 price drop to $778,000 for the top-end units. Ms Tin posted this note on her Facebook account at 9.50am on Friday, titled 'Short note on housing 3: HDB land - a matter of principle'.
She wrote (as is carried here): 'The recent high profile sale of DBSS flats at Centrale 8 stunned many Singaporeans, including myself. Questions were raised by many members of the public.
Some asked why HDB flats built on HDB lands and eventually to be managed by the Town Councils (i.e. like normal HDB flats) should be priced by private developers. I understand and sympathise with these views.
'Allowing private developers who had successfully acquired HDB lands to independently price DBSS units may be in line with 'free market' principles, but it also means HDB losing control over precious lands that could be better utilized for BTO flats or community facilities.
'DBSS was meant to offer an additional housing option to Singaporeans - premium but less expensive than private condominiums. It is right to offer tiered options to address the different aspirations of Singaporeans. But the 'devil is in the details', and what might have been a useful housing option in 2005 may no longer be as suitable today.'
'Some have pointed out that Singaporeans can choose not to purchase over-priced DBSS flats. But I think the issue is one of principle - given the land scarcity in Singapore, HDB land should be reserved for building affordable public housing, and not apartments that HDB has little influence over.
As part of MND's overall review of housing policies, perhaps it should either let HDB take back the right to price DBSS units, or include a clause to compel price negotiations between HDB and the private developers.'
Read the remainder of her Facebook page post here: http://www.facebook.com/notes/tin-p...db-land-a-matter-of-principle/211641568877745