I was reading the news on that many executive condos remain unsold and with many of the full fledged resale condominium prices coming down, people would rather go for these full fledged condos.
I can never connect the dots.
Specifically, if the purpose of HDB is to ensure that Singaporeans can have home ownership to have a stable environment to build their family, then where does an EC stand?
Different family situations have different needs and we can understand why there needs to be 2 rooms, 2 rooms (flexible) with their limited lease for older folks, 3 rooms, 4 rooms and 5 rooms.
Before it was build to order flats, HDB build out the flat by the masses, until in late 1990s there was such an oversupply that folks was asking why do they build and build, so we have the build to order.
Flats are suppose to be subsidized, ......