tag:blogger.com,1999:blog-11702093.post8007730264403076462..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Imbalance in the marketTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11702093.post-3061569367618251992010-07-27T14:19:45.647+08:002010-07-27T14:19:45.647+08:00For private properties, it is alright to leave the...For private properties, it is alright to leave the investment decision to individuals if they think it is good as an investment, but for public housing, it is certainly not right...the problem is that there is little or "real" state subisidy hence the Govt is treating it as an "investment" using "market subsidy" argument especially for present day PTO flats.<br /><br />And the HDB introduces DBSS flats and this makes it worst. And with rich China firms now bidding 10 out of 15 sites at ridiculous prices, the DBSS flats are closing or have overshot the highs of private properties in 1996 prices.C H Yakhttps://www.blogger.com/profile/03195578024282791294noreply@blogger.com