MND confirms it is reviewing HDB's DBSS

General comments and chit-chat, or tell us how we can improve KiasuParents.com

MND confirms it is reviewing HDB's DBSS

Postby Daddy D » Mon Jul 04, 2011 1:16 pm

http://www.channelnewsasia.com/stories/ ... 49/1/.html

"SINGAPORE : The Ministry of National Development (MND) has confirmed that it is reviewing the Housing and Development Board's (HDB's) Design, Build and Sell Scheme (DBSS).
"Pending the ongoing review, HDB will not proceed with the sale of the Bendemeer Road site, originally scheduled in 1H2011," MND said in a statement.
This came after National Development Minister Khaw Boon Wan said he had suspended future land sales under the DBSS in response to comments made on his Facebook page by users who were reacting to his latest blog post..."

:celebrate:

Daddy D
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 2745
Joined: Thu Jul 09, 2009 2:16 pm
Total Likes: 3


Re: MND confirms it is reviewing HDB's DBSS

Postby gt1122 » Mon Jul 04, 2011 3:10 pm

oops they are feeling the heat

gt1122
OrangeBelt
OrangeBelt
 
Posts: 87
Joined: Thu Jan 07, 2010 10:04 am
Total Likes: 0


Re: MND confirms it is reviewing HDB's DBSS

Postby Nebbermind » Tue Jul 05, 2011 11:47 am

What really piss me was that the new mini star tried to smoke us 1st...and then realised that the whole dbss thingy destroyed the basic function of the hdb to provide affordable public housing for its people.

Nebbermind
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 14655
Joined: Tue Dec 22, 2009 11:40 am
Total Likes: 148


Re: MND confirms it is reviewing HDB's DBSS

Postby verykiasu2010 » Tue Jul 05, 2011 11:49 am

but thanks to business times for the erroneous reporting to raise the hoohah

perhaps it was intentional ..... too much conspiracy theory ..... :rotflmao:
verykiasu2010
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 11696
Joined: Mon Jan 04, 2010 11:06 pm
Total Likes: 2


Re: MND confirms it is reviewing HDB's DBSS

Postby LKVM » Tue Jul 05, 2011 11:50 am

If the end users can gain then its good!!

LKVM
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 14884
Joined: Tue Jan 19, 2010 4:12 pm
Total Likes: 0



Re: MND confirms it is reviewing HDB's DBSS

Postby wapobs » Tue Jul 05, 2011 11:55 am

KBW quickly stop selling DBSS land liao!
those sold already can blame MBT, so clever :rotflmao:

wapobs
GreenBelt
GreenBelt
 
Posts: 134
Joined: Sat May 08, 2010 4:37 pm
Total Likes: 0


Re: MND confirms it is reviewing HDB's DBSS

Postby Nebbermind » Tue Jul 05, 2011 11:55 am

missed th BT saga..what was it abt?

Nebbermind
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 14655
Joined: Tue Dec 22, 2009 11:40 am
Total Likes: 148


Re: MND confirms it is reviewing HDB's DBSS

Postby Daddy D » Tue Jul 05, 2011 12:03 pm

the power of facebook?
Last time the public's voices cannot be heard... now all post their "voices" on his facebook...

Daddy D
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 2745
Joined: Thu Jul 09, 2009 2:16 pm
Total Likes: 3


Re: MND confirms it is reviewing HDB's DBSS

Postby Daddy D » Tue Jul 05, 2011 12:08 pm

and current income ceiling for hdb is $8K, (which is also under review)
while income ceiling for dbss is $10K...
so dbss a bit extra right?

Daddy D
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 2745
Joined: Thu Jul 09, 2009 2:16 pm
Total Likes: 3


Re: MND confirms it is reviewing HDB's DBSS

Postby verykiasu2010 » Tue Jul 05, 2011 12:09 pm

Nebbermind wrote:missed th BT saga..what was it abt?


they wrongly calculated Sim Lian's DBSS launched at the record high selling price would net Sim Lian a 76% profit margin...but of course that is impossible no matter how profitable the project could be....the BT people never did due diligence in their reporting, used the wrong land price, wrong gfa, never consider other project cost ..... :rotflmao: :rotflmao: :rotflmao: such a joke coming from a BUSINESS TIMES....aren't they supposed to be financially savvy being a financial press ? really is a mockery on the standard of reporting from a "financial" press
verykiasu2010
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 11696
Joined: Mon Jan 04, 2010 11:06 pm
Total Likes: 2


Next

Return to Recess Time