Aiyoh.. you dun know meh? There has always been cash portion
involved in the purchase starting a couple of years back. Garmen
trying to make HDB like private developer mah.
Actually makes you wonder on the role of HDB which is totally lost
in recent years.... just to refresh, this is their role copied and
paste from their website.
Providing Affordable, Quality Homes
As the public housing authority, HDB plans and develops public
housing towns that provide Singaporeans with quality homes and
living environments. In so doing, HDB also engages in active
research and development work to ensure that cost-effectiveness and
quality standards are maintained and continually improved on in the
provision of HDB homes.
Ensuring Vibrant Towns
Even as HDB towns are provided with various commercial,
recreational, and social facilities and amenities for the
convenience of residents, one of HDBs key priorities is to ensure
that they meet needs and changing circumstances. Therefore, through
renewal and upgrading programmes, HDB brings new features,
facilities, and improvements to its older estates and towns to
ensure their vibrancy and continued relevance.
Focusing on the Community
A key priority of HDB is the building of cohesive communities
within its towns. Hence, living environments are provided with
community spaces for residents to mingle and interact. Public
housing policies and schemes are formulated not only to meet
changing needs and aspirations, but also in support of national
objectives such as racial harmony, stronger family ties, and focus
as well on sectors of the population in need of specific
attention such as the elderly and those who may be in financial
difficulty. And with a network of branch offices islandwide, HDB
ensures that it is well-integrated in the daily lives of the
community it serves.
