miong bros,
i agree with you. years ago i already notice HDB chalking up huge
gains if you know the contractors and get insider information how
much HDB gain from a blk of flats build. you be surprise at their
profit.
why recently so many construction company bust up? because of the
lowest bid system and stiff competition in the construction market.
we have reach a saturation point where construction just table a
low bid to get the contracts and sort out financial problems later.
eventually, HDB get cheapest contract and construction company go
bust, ppl under upgrading plan suffer.
Windows inspection issue also reflect what kind of attitude HDB is
having. simply arrogant. if not fellow singaporean finally stand up
against Mr. Mah and HDB co. what kind of bullshit inspection fee we
need to pay for mistake made by HDB engineer.
put it this way, singaporean have no choice, buy HDB or sleep in
the streets if u cant afford private housing. another way, migrate
lor if you have the skills. do we have a choice? anyway, for HDB
housing, demand and supply logic dont work. govt control and supply
to push up pricing. because demand is still there. we need to buy a
HDB flats. can we do anything? i recently also become a slave for
HDB for 30 years. 29.6 years and counting.
