Committee of Supply 2022 debate, Day 5: Pritam Singh on Prime Location Public Housing scheme
How was the subsidy clawback for the Prime Location Public Housing (PLH) scheme determined? Is it meant to avoid high prices for PLH flats or lower the “lottery winnings” of flat owners? How does HDB determine which developments are considered as being in a prime location? Could the PLH scheme drive up prices of nearby developments and resale flats? These questions were raised by Leader of the Opposition Pritam Singh in Parliament on Tuesday (Mar 8).
How was the subsidy clawback for the Prime Location Public Housing (PLH) scheme determined? Is it meant to avoid high prices for PLH flats or lower the “lottery winnings” of flat owners? How does HDB determine which developments are considered as being in a prime location? Could the PLH scheme drive up prices of nearby developments and resale flats? These questions were raised by Leader of the Opposition Pritam Singh in Parliament on Tuesday (Mar 8).
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