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To relate it to the main article: public housing in Singapore is affordable and an investment. You can sell it and prices are somewhat market driven but with c
by thirteen37 8y ago
To relate it to the main article: public housing in Singapore is affordable and an investment.
You can sell it and prices are somewhat market driven but with complicated taxes and limitations to prevent speculation (flipping). It's affordable because, as public housing, there are numerous subsidies, incentives, etc that the government provides to make the initial down payment and subsequent installments as easy as possible.
- puranjay 8y agoA friend who is in the Singapore market right now mentionef that his mortgage payments would be nearly the same as his rent, thanks to the incentives the government gives for home ownership