HDB, what are you doing?
I totally disagree with the new HDB policies on housing as formulated by Mah Bow Tan. HDB as a public housing scheme, is to provide a roof to all citizens of the country. If it wants to provide housing to PRs, that is a separate issue but should not compromise the needs of the citizens. And the policy of not providing for everyone who needs a flat is not what a govt should do to its citizens. With the clever scheme of BTO, there is this additional need to plan and apply 3 years ahead for a flat which I feel is unfriendly to the citizens who need a flat urgently for one reason or another. Not everyone has the luxury of planning 3 years ahead. A little over supply is not a waste when the interests of the citizens is concerned. HDB is not any commercial property developer. It should aim to provide a roof for all citizens when they need it at as low a price as possible without making a loss. Public housing is for that roof over the head, not for speculation. Govt policies should not encourage people to speculate on the sole property they own. Speculation can lead to big profits and also big losses. Let the rich speculate all they want in the private property market. Don't mix the sheep with the wolves.