15 Nov '12, 7am

(SDP) MND to SDP: Housing system only needs "fine-tuning"

(SDP) MND to SDP: Housing system only needs "fine-tuning"

Ministry of National Development Singapore Dear Sir, I thank you for your reply dated 9 November 2012 through your Permanent Secretary. It is incomprehensible that you would consider the public housing in need of only "fine-tuning”. You seem not to understand the anger and frustration that Singaporeans have with the public housing system. When the HDB markets a three-room flat for nearly $800,000 the situation calls for drastic action, not "fine-tuning”. When Singaporeans are retiring without CPF savings because they have sunk their funds into over-priced HDB flats the situation calls for an overhaul, not "fine-tuning”. When, our younger generation put off having children because they cannot afford buying their own homes the situation calls for reform, not "fine-tuning”. I hope that you will be able to see that the problems Singaporeans face over housing are real and signi...

Full article: http://yoursdp.org/news/2012-11-15-5450

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