Hardwarezone Forum, 3 Jul 2014
IS THERE an oversupply of flats? This was a question raised by Nee Soon GRC Member of Parliament Lee Bee Wah on Monday, after she noticed that many residents in her ward faced problems selling their homes.
In a Facebook post, Ms Lee said residents have approached her at Meet-the-People Sessions, saying that their Build-To-Order (BTO) flats are ready but they are unable to find buyers for their current flats.
"Is this (a) sign of oversupply of flats?" she asked. Full story