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Old 02-05-2023, 01:00 AM
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Thumbs up It’s Official! Lawrence Wong has lost it! Claims that housing is affordable for Sinki

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE: Build-to-Order (BTO) flats remain affordable, with flat prices moving in tandem with incomes, said Deputy Prime Minister Lawrence Wong on Monday (May 1).

Speaking during the May Day Rally, Mr Wong said: "When you think about affordability, please don't just look at the headline price of the BTO flat; also consider how the price relates to income, as well as the proportion of income that's needed to service the housing loan."

The typical household currently uses less than 25 per...

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