This is the Government's approach towards controlling speculation in property - impose complicated regulations. http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1170002/1/.html
There is a simpler approach. If the Government offers HDB flats at controlled prices, and the HDB flats have to be sold back to HDB at the controlled prices, similar to the situation prior to 1980, there will be no need to implement these complicated regulations. It would also address the root cause of the problem - providing affordable housing to the people.
There is a simpler approach. If the Government offers HDB flats at controlled prices, and the HDB flats have to be sold back to HDB at the controlled prices, similar to the situation prior to 1980, there will be no need to implement these complicated regulations. It would also address the root cause of the problem - providing affordable housing to the people.
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