Tuesday, 18 October 2011
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Asia Property Report, 18 Oct 2011
The Housing and Development Board (HDB) has been asked to restrict the resale of three-room units to lower income families as an attempt to make housing affordable for this social group at a parliament meeting.
This would also restrict people from buying them for speculation or investment purposes, having a cooling effect on the market. Full story
Singapore’s HDB scheme under scrutiny in parliament
The Housing and Development Board (HDB) has been asked to restrict the resale of three-room units to lower income families as an attempt to make housing affordable for this social group at a parliament meeting.
This would also restrict people from buying them for speculation or investment purposes, having a cooling effect on the market. Full story
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