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Singapore: Towards sustainable housing market

Posted on 02 April 2012

Prices of real estate here should not be left too open to market forces, as we are a small island with limited land for development. The market is also imperfect because big players such as developers can control prices.
It is timely that the Government is focusing anew on its objective to provide affordable housing for Singaporeans. Perhaps the Government could directly maintain sustainable prices by pegging Build-To-Order (BTO) flat prices to the income levels of average Singaporeans………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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