Leong Mun Wai’s suggestion to remove land costs will leave homeowners bleeding
In a Facebook post, Leong Mun Wai concedes that BTOs are indeed subsidised. He also agrees that the pricing of BTOs should take into account locational factors. He wants prices to be lowered further, and to achieve this, he wants land costs to be disregarded. However, one cannot factor in locational factors while ignoring land […]