Ensuring high GDP through HDB pricing

Here is a contribution from a reader.  He describes how the government has manipulated HDB selling prices in order to yield high GDP figures.  He posits that it was done in 2 ways.  One, selected HDB estates like Sunset way are priced outrageouly high by HDB valuaers. Two, the private property price is currently being maintained at a high price by releasing very little new development sites for new development.

Download the article here.



Agree?
(100%) (0%) (0%) (0%)
One vote

Comments

Purpose

To observe, analyse, present our position, and call for action. Read our articles, give your views, and learn together with us.

  • Latest comments

  • Connection

  • Email Subscription

    Fill out the form below to signup to our blog newsletter and we'll drop you a line when new articles come up.

    Our strict privacy policy keeps your email address 100% safe & secure.

    G-Lock opt-in manager for bulk email software.

  • Web Traffic

  • Meta

  •  

    You need to log in to vote

    The blog owner requires users to be logged in to be able to vote for this post.

    Alternatively, if you do not have an account yet you can create one here.

    Powered by Vote It Up