The HDB (i.e. Government) should improve the transparency of the prices of new HDB flats. This can be done as follows:
(a) Publish the prices of new flats offered for sale
(b) Publish the prices of new flats purchased in recent years, with details of locations, size, floor level and other relevant factors
(b) Publish statistics on the average price of new flats by location, type and size.
This will set a good example to the market, of providing transparent information for the buyers to make an informed choice.
I retired from NTUC Income on 28 February 2007, after heading this cooperative for 30 years. I now run a consultancy company. See www.tankinlian.com. I write this blog to give my views on insurance, investment and financial planning for the benefit of consumers. You can contact me at kinlian@gmail.com.
Thursday, January 07, 2010
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2 comments:
Bravo!
Mr Tan has the guts to ask a sensitive question like this when no MP ( correct me if I am wrong ) has ever asked such a question in parliament.
Way to go Mr Tan.Lets have a lot more transparency in HDB matters so many Singaporeans dont continue to suffer in silence.
That's why opposition leaders like the late JBJ and CSJ cannot be elected into the parliament by left or right.
Those already inside are the "approved" ones...
In order to get "approved", they have to "shut up and sit down" on most important issues!
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