Evidence 1: Affordable HDB Flats
In this article , PAP Housing Minister is adamant that they are still ‘affordable’ to the majority of Singaporeans. Mah Bow Tan also lavished generous self-praise on the PAP regime’s efforts to keep housing ‘affordable’ to young couples so they will be able to pay .
The Evidence:
Most buyers of new flats need to fork out little or no cash to pay for their homes. Eight in 10 couples who bought new flats last year used
The Evidence:
Most buyers of new flats need to fork out little or no cash to pay for their homes. Eight in 10 couples who bought new flats last year used
only a quarter or less of their salaries
to service their home loans, which means their Central Provident Fund (CPF) contributions can cover almost all their monthly mortgage payments
Evidence:Is Here
Evidence 2: Expensive HDB Flats
A HDB flat can cost to almost $40k or more , which not all Singaporean can afford to pay
Evidence:In an interview of a article , a buyer mention that " What I know is very very expensive, and must pay for the loan until the buyer retire. That is the reason why people are NOT happy with the HDB jack up the house price so fast. They don't believe HDB subsidize the house cost. "
Evidence:Is HERe
