Lowering BTO prices and ignoring land costs will end up hurting Singaporeans: Sim Ann
Asia One·2022-12-12 15:01
SINGAPORE – Drastically lowering prices of Build-to-Order (BTO) flats, to the extent of disregarding land costs, would only end up hurting all Singaporeans instead of helping them, said Senior Minister of State for National Development Sim Ann.
As state land forms part of the nation's reserves, not paying back the fair market value of the land would, in effect, run down the value of the reserves, "to the detriment of current and future generations", said Ms Sim in a Facebook post on Sunday (Dec 11) evening.
……Singapore Property Government
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banban 17/12/2022
His post came a day after HDB revealed the breakdown of development costs, which include land costs and construction costs
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U7serey4k 15/12/2022
Drastically lowering prices of Build-to-Order (BTO) flats, to the extent of disregarding land costs, would only end up hurting all Singaporeans instead of helping them, said Senior Minister of State for National Development Sim Ann. 😂 😂 😂 RIDICULOUS. MIGHT S WELL SHUT UP INSTEAD OF GIVING THIS KIND OF EXCUSE . THAT'S WHAT MOST MPs CAPABLE OF
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Good luck 0716 15/12/2022
Jus wonder how the reduction of the cost in HDB flat can hurt all Singaporeans instead of helping them. Jus imagine if one could buy a flat then it is hurting them as to rent
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Father 14/12/2022
You talk rubbish
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Userhqhg 17/12/2022
I only know lowering their salary will end up hurting them
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