26 Feb '15, 6am

The Straits Times censors Minister Chan Chun Sing’s ‘tikam’ & ‘enjoy a windfall’ quotes about [email protected]

The Straits Times censors Minister Chan Chun Sing’s ‘tikam’ & ‘enjoy a windfall’ quotes about Pinnacle@…

Building HDB flats on prime sites may not bridge rich-poor divide, says Minister By Rennie Whang Published on Feb 25, 2015 8:57 PM SINGAPORE – Building HDB flats on prime land is not the panacea for bridging the rich-poor divide, Minister for Social and Family Development Chan Chun Sing said today. This is because there then arises questions of how to allocate the flats, of cross-subsidies and even whether there would be interaction between the various residents. Speaking at a panel at the inaugural Real Estate Developers’ Association of Singapore (Redas) Mentorship Programme, which was attended by about 50 students from the National University of Singapore (NUS) and the Nanyang Technological University (NTU), Mr Chan said: “Is it fair for someone to ‘tikam’ (Malay for taking a random chance), ballot and pay an artificially low price for a flat in the heart of Downtown, an...

Full article: http://mothership.sg/2015/02/the-straits-times-censors-mi...

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