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Are HDB Flats Affordable?

Are HDB Flats Affordable?

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kazukirai Offline
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#29
29-12-2010, 03:03 PM
(29-12-2010, 01:35 PM)Ben Wrote: How many people know that HDB Corp was sold to Temasek in 2004? I guess not many. I didn't know about this until last night when one of my friends told me this. Is that one of the reason why HDB price is so high now?

http://www.temasekholdings.com.sg/news_r...1_2004.htm

I don't get it. Then how does that square with the line in the first para?

' Wrote:The sale is in line with HDB's ongoing efforts to focus on its core role as the public housing authority in Singapore.

How can public housing (which by very definition of a public good) be profit-making? If it isn't, then why is Temasek buying it? It can't be either. So far, it looks like HDB is striving to be 'for-profit' rather than be a provider of public housing.

Also, before we jump to wrong conclusions, HDB corp refers to HDB the stat board right? And not some subsidary that's in charge of overseas ventures or the likes?
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Messages In This Thread
Are HDB Flats Affordable? - by Musicwhiz - 12-11-2010, 08:03 AM
RE: Are HDB Flats Affordable? - by Jon-san - 12-11-2010, 01:19 PM
RE: Are HDB Flats Affordable? - by Zelphon - 12-11-2010, 01:24 PM
RE: Are HDB Flats Affordable? - by Ben - 12-11-2010, 01:52 PM
RE: Are HDB Flats Affordable? - by yeokiwi - 12-11-2010, 02:18 PM
RE: Are HDB Flats Affordable? - by cif5000 - 12-11-2010, 10:16 PM
RE: Are HDB Flats Affordable? - by Ben - 13-11-2010, 01:30 PM
RE: Are HDB Flats Affordable? - by Stocker - 12-11-2010, 04:08 PM
RE: Are HDB Flats Affordable? - by koh_52 - 14-11-2010, 12:07 PM
RE: Are HDB Flats Affordable? - by Musicwhiz - 14-11-2010, 12:16 PM
RE: Are HDB Flats Affordable? - by la papillion - 14-11-2010, 12:32 PM
RE: Are HDB Flats Affordable? - by Stocker - 14-11-2010, 12:50 PM
RE: Are HDB Flats Affordable? - by yeokiwi - 14-11-2010, 01:07 PM
RE: Are HDB Flats Affordable? - by Ben - 15-11-2010, 01:22 PM
RE: Are HDB Flats Affordable? - by yeokiwi - 15-11-2010, 02:46 PM
RE: Are HDB Flats Affordable? - by flinger - 18-11-2010, 12:01 PM
RE: Are HDB Flats Affordable? - by kazukirai - 18-11-2010, 02:41 PM
RE: Are HDB Flats Affordable? - by arthur - 18-11-2010, 06:04 PM
RE: Are HDB Flats Affordable? - by nsengkia - 18-11-2010, 06:32 PM
RE: Are HDB Flats Affordable? - by arthur - 19-11-2010, 10:58 AM
RE: Are HDB Flats Affordable? - by Ben - 19-11-2010, 09:00 PM
RE: Are HDB Flats Affordable? - by arthur - 19-11-2010, 10:57 PM
RE: Are HDB Flats Affordable? - by tonylim - 19-11-2010, 11:51 PM
RE: Are HDB Flats Affordable? - by kazukirai - 19-11-2010, 10:04 AM
RE: Are HDB Flats Affordable? - by Blackjack - 18-11-2010, 04:14 PM
RE: Are HDB Flats Affordable? - by Musicwhiz - 18-11-2010, 06:15 PM
RE: Are HDB Flats Affordable? - by Musicwhiz - 20-11-2010, 11:08 AM
RE: Are HDB Flats Affordable? - by Ben - 29-12-2010, 01:35 PM
RE: Are HDB Flats Affordable? - by kazukirai - 29-12-2010, 03:03 PM
RE: Are HDB Flats Affordable? - by yeokiwi - 29-12-2010, 03:24 PM
RE: Are HDB Flats Affordable? - by guru - 29-12-2010, 04:51 PM
RE: Are HDB Flats Affordable? - by yeokiwi - 29-12-2010, 06:15 PM
RE: Are HDB Flats Affordable? - by newborn1000 - 29-12-2010, 06:23 PM
RE: Are HDB Flats Affordable? - by Musicwhiz - 29-12-2010, 06:28 PM
RE: Are HDB Flats Affordable? - by guru - 29-12-2010, 06:33 PM
RE: Are HDB Flats Affordable? - by Nick - 29-12-2010, 06:46 PM
RE: Are HDB Flats Affordable? - by Zelphon - 29-12-2010, 07:06 PM
RE: Are HDB Flats Affordable? - by newborn1000 - 29-12-2010, 08:01 PM

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