Is PSP Leong Mun Wai’s ‘buy now, pay later for land’ affordable housing scheme really cheap?
The PSP proposed an affordable housing scheme in which the buyer of a new BTO pays a ‘user price’ with land cost that is deferred. As long as the owner chooses to live in the flat, he does not have to pay for land cost. The upshot under PSP Leong Mun Wai’s housing proposal is […]