Tag Archives: hdb flats

Govt repeats: families with S$1,000 income can afford HDB flats

When Deputy Prime Minister and Finance Minister, Tharman Shanmugaratnam, said in Parliament in 2012 that “a family with a monthly income of as low as $1,000 can now purchase a small flat”, it caused an uproar. Many felt that Mr Tharman and the government were out-of-touch and being unrealistic. Minister for National Development, Khaw Boon Wan, later explained the math …

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Resident upset with noisy foreign neighbours

The following is an email sent to The Online Citizen and copied to various government ministries, including the Ministry of National Development, the HDB, JTC, and the local media. We publish the letter here in full without edit. Hi, After months of decline, and amid plans to scrap the SHiFT scheme (flats under the scheme were either being sold back …

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Some speculation but no bubble, says Mah

I wouldn’t say there’s excessive speculation at the moment, but there is some element of speculation involved. I think some of the practices that you saw in the last property boom are starting to come back. So I think we’ll have to be careful. Mah Bow Tan, on property prices

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