SINGAPORE – Leader of the Opposition and Workers’ Party (WP) chief Pritam Singh on Tuesday suggested that the ruling party had not adequately acknowledged people’s anxieties about the affordability and accessibility of HDB flats, as he proposed an amendment to a motion on public housing. Read more at straitstimes.com.
SINGAPORE – Leader of the Opposition and Workers’ Party chief Pritam Singh on Tuesday suggested that the ruling party had not adequately acknowledged people’s anxieties about the affordability and accessibility of HDB flats, as he proposed an amendment to a motion on public housing.
“It will also mean that young couples and first-time Singaporean families who cannot secure HDB BTO flats in a timely fashion and are pushed to the resale market where resale prices are higher than they have ever been, are not seeking better outcomes from public housing policies. We know from our engagement with Singaporeans that this is not the case, “ he added.
“By no way are we saying all is well and good,” Mr Lee said. ““ for the Leader of Opposition to characterise our motion as us sitting on our laurels...I think is misplaced.”During the debate, the PSP NCMPs had proposed an Affordable Homes Scheme, which came under criticism from both ministers and ruling party backbenchers as well as Nominated MPs, with many who spoke saying the proposal would erode the reserves.
He noted that under the Government Land Sales programme, land for industrial use is sometimes sold slightly below market valuation, and asked if this would constitute a draw on the reserves.
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