Forum: BTO flat prices cannot be based totally on market valuation principles
#1

https://www.straitstimes.com/opinion/for...principles

Those aged 55 and above are allowed to cash out their flats at a high resale price and still obtain a second BTO flat. This potentially deprives young couples of their first BTO flat, and they may have to wipe out their Central Provident Fund account just to pay for a million-dollar flat. No wonder they are not having children.
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#2

The real problem is made by PAP

who reserve good jobs for FTs and then convert them to be PRs

where they Freely & Easily rob our HDB market

175k of FTs per year, is alot!

Sack half the Mayors & PAP Ministers
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