"(wp's proposals) would devalue the asset" and "affordable" are
oxymorons. Once again, a demonstration of PAP's "have your cake and
eat it" mindset.
Devalue or not not devalue, the basic principle of public
housing is for your family to live in, makes no difference if it's
a million dollars or $1, you can't sell it and you can only have
one. 
So what if your HDB is worth $1 million? 
This is the same principle with CPF, you can see the money and
feel good about it, but you can never touch it. 
It's just a feel good factor for those that have it and a
lifetime of mortgage debt to service for new home buyers. 