Friday, June 27, 2008

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HDB Subsidy Based On Market Rates

Many Singaporeans have expressed their unhappiness over the way HDB provides housing subsidy based on market rates. Here is a typical example:

Stupid Genius: The meaning of subsidy:
"HDB has always given us Singaporeans the opportunity to own flats in a subsidised rate. So nice of them. But with the rising price of the flats, there had been complaints about the subsidy that HDB gives. Someone from HDB say that the flats are subsidised based on market rates."

May also want to read:
History of Singapore Property 1960 to 2008
When to Buy, When Not to by


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The blogger here has been affectionately named by close allies as "Smart Buyer" but really, he's not smart. Smart Buyer just believes that being prudent is smart. That's the essence of the message of this blog and Smart Buyer hopes it'll benefit other property buyers.

Smart Buyer :)