HDB flats are heavily subsidised
'New HDB flats are heavily subsidised and the board's priority is to help those who need such housing the most, such as those who are buying a flat for the first time and families who cannot afford private housing.' This is from a reply by Chan-Wong Jee Choo Lily, Dep dirctor, HDB. I am wondering whether old flats were heavily subsidised? I am also wondering how heavily subsidised were the flats at Duxton Pinnacles when they were sold at about $200k more the than the first launch at market prices?