As much as I wish not to agree with da Gahmen or HDB policies but they r not da only players in da game.
Just a couple o years ago, there's a issue of over supply of residential housing versus demand.
Has da over supply issue been settled?
HDB ERS, BTO, WIS, MUP, LUP is now splashed all over da island nowadays.
Increase in supply or demand?
Lets take a look at da private sector. Da company I'm working in alone, have 7 new private condo in da pipeline due for completion in da next 3 years not including da 3 condos comleted tis year.
Pricing per metre sq is rocket high irrelevant to location. It's the private developer's game now, will they bother abt supply & demand.
Wat will happen after 3-4 years later with so much private or public housing?
Da welloff will have plenty of choices but wat abt da not so welloff.
Gahmen have to step it to cap da pricing, make their housing avoidable and attractive to rich or poor.
It's a very big cake.
Why is da Gahmen not to partake in any part of it?