The rich PRCs are driving up the HDB resale prices....
rich PRCs don't come here and stay in HDB, they buy up Sentosa
Cove. The PR who bid high prices came from Malaysia, Taiwan and
Indonesia. So the agent took their prices as bench mark, the
sellers were very happy with the high prices (until they try to buy
back, many citizens sell their HDB making big profit then upgrade
to condo or landed), so the prices go up.
HDB should stop existing sellers from making exhorbitan profits
selling HDB! then PAP will lose more votes, because the number of
citizens staying in HDB outnumber those who are
buying....hahahaha....
