Committee of Supply debate 2022, Day 5: Chong Kee Hiong on BTO affordability and Ethnic Integration Policy
The new economic and financial challenges should be "captured" in the analysis of the affordability of HDB flats, said MP Chong Kee Hiong. Speaking in Parliament on Tuesday (Mar 8), he said HDB flats should be priced lower to adequately reflect the "new normal". He also highlighted the concerns of owners who face difficulties selling their flats due to the Ethnic Integration Policy. He asked if HDB would consider helping them through grants or subsidies.
The new economic and financial challenges should be "captured" in the analysis of the affordability of HDB flats, said MP Chong Kee Hiong. Speaking in Parliament on Tuesday (Mar 8), he said HDB flats should be priced lower to adequately reflect the "new normal". He also highlighted the concerns of owners who face difficulties selling their flats due to the Ethnic Integration Policy. He asked if HDB would consider helping them through grants or subsidies.
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