A reply to Ms Mabel Tan’s letter: “How family’s fortunes have grown over the years”
I refer to the letter "How family's fortunes have grown over the years" by Ms Mabel Tan dated 26 Sept 2009. (read letter here) Ms Tan's bemusement is understandable. She is bemused because she and her family are totally unencumbered by the recent sharp increases in property prices. Like the person watching a fire from the safety...
A letter from Ng Kok Lim: HDB’s affordability benchmark is not reasonable
I refer to the HDB's letter "Within a family's reach" to the Straits Times dated 12 Sept 2009. The HDB claims that one of its key responsibilities is to sustain flat values over the long term. The first of HDB's four mission statements is to "provide affordable homes of quality and value". There is nothing in that statement...
A letter from Ng Kok Lim: Home ownership becoming a liability rather than an asset
[EDITORS' NOTE: This letter was submitted to us by Mr Ng Kok Lim who had two letters published earlier by the Straits Times Forum on rising prices of HDB flats. Please feel free to send us your letters at [email protected]] I refer to the letter "People should be free to decide what a flat is worth: HDB" to the Straits...
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