Property
Can new HDB flats be cheaper?
By Singapore Property Blog  •  June 23, 2011
Can new HDB flats be cheaper?

By Getty Goh

In Singapore’s recent General Elections in May 2011, various issues on public housing were raised (i.e. the long waiting time as well as the high prices). As the topic on public housing is something very close to many Singaporeans’ hearts, I thought it would be relevant to write an article about it. Specifically, on whether new Housing and Development Board (HDB) flats can be sold at lower prices.

Before I write further, I would like to highlight that, unlike the private property market, HDB does not release historical prices of new flats; the HDB website only releases information on the resale flat market. As such, there is no historical data to draw any direct conclusion from and much of my views are substantiated by circumstantial and anecdotal evidence extracted from press releases, annual reports, etc.

I would also like to emphasize that this article is not ...

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By Singapore Property Blog
Propwise.sg is a Singapore property blog dedicated to helping you understand the real estate market and make better buying, selling, renting and investing decisions – minus all the hype and misinformation ...
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