OPINION: Is DBSS pricing justified?

Yahoo! Singapore News, 2 Jul 2011
Despite widespread criticism that Sim Lian Group's latest Design, Build and Sell Scheme (DBSS) project in Tampines is too expensive for public housing, the project has been two times oversubscribed. The 708-unit Centrale 8 project in Tampines saw 431 applications by its deadline on the 21st of June, according to an article on PropertyGuru.
Centrale 8 made headlines recently after its five-room flats were listed at a whopping S$880,000, triggering a public outcry that the price tag is similar to that of an executive condominium (EC). Full story