Every HDB flat will be a valuable nest egg for retirement, says PM Lee

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SINGAPORE — Singapore's Prime Minister Lee Hsien Loong on Sunday (March 26) said it was the ruling People's Action Party government's promise that all Housing and Development Board (HDB) flats would be good homes as well as valuable nest eggs for retirement.

"For one reason or other, there will be some which will still be more popular than others. I think that is just the way things are, it cannot be helped. But whether the town is very popular or very, very popular, every town and HDB, every estate you live in, you can be assured that it is well-planned, well-appointed, well-maintained.

"If you go to most cities, you will see that some areas are very nice, that is where the tour guide will take you, but there will be other areas which you may not see as a tourist — neighbourhoods left behind without much amenities, dilapidated or run down, or inconvenient to live in because it is a long journey to commute to work or to school."

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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Really arh? I thought some minister said otherwise last time?

fully agreed..but difficult to make our strawberry gen agree leh..complain complain only

Really ah.

But will it be affordable?

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