Speech by Mr Mah Bow Tan, Minister for National Development, at the Committee of Supply Debate on Friday in Parliament.
- Meeting diverse housing aspirations
- Commitment to young couples, first-timers
- Focus on affordability and financial prudence
- Focus on owner-occupation
Mr Chairman, Sir, Public housing is a hot topic every year, but it is especially hot this year. [...]
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BIG CONCESSION FOR DOWNGRADERS
SINGAPORE – When he said he was feeling the heat, National Development Minister Mah Bow Tan was not referring to the weather, but the “exceptionally” high number of questions in Parliament on housing, he said in jest.
The 15 Members of Parliament who put questions and issues to his ministry included those who [...]
Continue reading about HDB loans soon to be available to downgraders
It’s a good start towards doing our part to lessen the waste we produce, and work towards a greener Earth.
SINGAPORE – Going greener is just a lift ride away.
Residents in Canberra constituency used to haul their recyclables to a bin that could be located a few blocks away. Now, they need only bring them downstairs.
A [...]
Continue reading about Recycling is Just a Ride down in the Lift
The 5room flats for SkyVille @ Dawson and SkyTerrace @ Dawson and ranges between $532,000-$643,000.
According to HDB estimates, taking a midpoint pricing for the 5room flats, with a median salary of $6,500, the monthly installment over 30 years would be $2,108.
Gross pay: $6,500
Nett pay (after CPF): 0.8*6500 = $5,200
Mortgage payble via CPF = approx [...]
With the standard of living increasing with each very day, flats costing two arms and two legs, it’s no wonder there’s always a long Q outside the various Singapore Pool outlets. As the line from the local movie The Best Bet goes: “有买有希望,没买没希望。” Translated, it just means ‘If you buy, at least there’s hope. If [...]
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