Wednesday, January 18, 2012

'Cash-rich owners' pushing up HDB resale prices

Straits Times: Tue, Jan 17
DO NOT unfairly blame permanent residents (PRs) for pushing up the prices of HDB resale flats, National Development Minister Khaw Boon Wan urged Singaporeans yesterday.


He revealed that the buyers jacking up cash premiums for such homes were actually local private-property owners...

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