I doubt so.
Why more people goes for 4-room or 5-room flats instead or 2-room or 3-room?
Why more people goes for 4-room or 5-room flats instead or 2-room or 3-room?
The reason is very simple.
There's a salary cap for each category of flats.
2-room, a cap of salary not exceeding $2,000.
3-room, a cap of salary not exceeding $3,000.
There's a salary cap for each category of flats.
2-room, a cap of salary not exceeding $2,000.
3-room, a cap of salary not exceeding $3,000.
4-room/5-room, a cap of salary not exceeding $8,000.
Most youngsters (newly-wed couples) salary range falls between $3,000 - $8,000 (combined salary).
Most youngsters (newly-wed couples) salary range falls between $3,000 - $8,000 (combined salary).
How to ballot for 2/3 room?
Unless resale, which means coughing up a huge amount of cash for the COV.
Those whose salary 3k and less, most of the time, they might not be able to afford the loan (perhaps odds-job worker or there's only sole breadwinner)
Of course, another reason is, some will prefer a more spacious area, and rooms for each of the kids, or a study room (feels good).
Perhaps, really has to come out with another method to ensure fair to all and to ensure each household has a house to live in.
Can read more about the news here: Lower demand for smaller HDB flats.
Of course, another reason is, some will prefer a more spacious area, and rooms for each of the kids, or a study room (feels good).
Perhaps, really has to come out with another method to ensure fair to all and to ensure each household has a house to live in.
Can read more about the news here: Lower demand for smaller HDB flats.
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