10/07/2009

Speaking through two holes

HDB has revealed that the take up rate at Punggol Breeze and Fernvale Residence were only 69% and 55% respectively. And according to HDB, the reasons were long waiting time, 3 to 4 years to build, choice units taken up, and maybe distance from MRT stations. But according to HDB, this is a sign 'that first time buyers still have plenty of choices despite the high demand for flats in some areas'. Wow, really ah! And it is good news that HDB will proceed to build these flats as they are confident of sustained demand for public housing. I can give a personal guarantee that all the flats will be taken up when completed. Just turn off the supply. It's elementary Watson! What other reasons for not taking up the BTO flats? I am still scratching my head. Damn difficult to find out the truth.

4 comments:

Wally Buffet said...

Looks to me like you're still scratching your head over the HDB's confusing "press releases". I've given up long ago. That's why I sold my 3 room to a PRC duffer.

Redbean, follow the crowd. Go buy a condo and give yourself a break from this obsession of yours.

redbean said...

hi wally, you are back from lijiang?

i am considering your advice. but lijiang is still a more tempting offer than a dog's kennel condo.

Anonymous said...

2 holes?? Which one do you speak from and which one does HDB speak from? I wonder. Well Redbean, why don't you just pack up and move to a landed property in the Orchard Road area? Very affordable there. You must hurry though or these properties will all be snatched up by the rich indonesians.

redbean said...

it is a great art to be able to speak from the mouth and the arse: ) i think i have good companies.