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 |
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