HDB BTO Flats will remain affordable even after factoring land costs
Removing land costs from the pricing of HDB flats will cost more in the long run.
Removing land costs from the pricing of HDB flats will cost more in the long run.
Speaking in the Parliament on 6 Feb, National Development Minister, Mr Desmond Lee affirms that the PAP Government is committed to keeping HDB flats affordable and accessible for Singaporeans.
Despite the rising price of HDB resale flats, Singapore's public housing still remains affordable amongst countries like Korea, Japan, and Hong Kong.