Earlier this week, Yahoo! Singapore showed a PropertyGuru report “HDB flats are more unaffordable than private homes”. On March 23, the Housing Development Board (HDB) issued a response to the report. The letter from HDB is published in full below.
HDB wishes to stress that the PropertyGuru report, “HDBs more unaffordable than private homes”, is misleading, as it is based on a simplistic analysis of incomplete data. We regret that PropertyGuru was not prepared to wait for HDB's response, in order to present readers with a balanced picture. Full story
Related:
HDB resale flats now more costly than private homes? - inSing.com
