atans1

Christmas, CNY coming early thanks to PAP

In Political economy, Property, Public Administration on 22/08/2019 at 10:37 am

HDB sales exercise pushed to September so buyers can benefit from upcoming changes: Lawrence Wong

CNA headline

Mr Wong said that his ministry and HDB have been reviewing how to extend further support to first-timers buying new and resale flats. He will announce the details in September. adding, “We are constantly looking at ways to help young families set up their first homes,” wrote the minister.

The HDB sales exercise is expected to offer about 3,300 flats in Punggol and Tampines.

And to make sure that everyone who has recently bot or is applying for an HDB flat that they owe the PAP one, he reminded S’poreans of

measures which have been introduced in the past years, such as the increase of housing grants for resale flats*offering flats with shorter waiting times, as well as the flexibility given for students and national servicemen to defer income assessment for housing grants and loans.

“These changes have improved housing affordability and helped young families to secure their own homes earlier,” he added.

Read more at https://www.channelnewsasia.com/news/singapore/hdb-bto-august-sales-exercise-pushed-september-lawrence-wong-11827238

Notice the two elephants in the room that are dancing on his shoulders, he isn’t mentioning?

— Falling resale prices causing a problem for the PAP with those who bot resale flats: Double confirm, ground not sweet for PAP and Will this resale flat buyer vote for PAP in next GE?

— 99-year leases: Why 30-year old HDB flats difficult to sell/ Why PAP rule will end in 2029 and

If u read this far, suggest u might want read

— The real truths about public housing  my summary of piece by “Tan Jin Meng, a postgraduate from the Lee Kuan Yew School of Public Policy. He has an interest in social policy and economics.”.

— Exposed: Flaws in PM’s HDB spin

Vote wisely. My prediction last yr: Akan datang: GE in late 2019


*Why 37,000+ sure to vote for PAP

 

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