Household income of 10,000 to 12,000 yuan of people will be able to purchase EC. EC can be fully lived 10 years after privatization, in line with household income group to buy the roof over limit; can not afford to buy private homes of homebuyers demand.
- Prime Minister Lee
The government will buy a new HDB flat top 8,000-yuan household income limit increased to $ 10,000 so that more "sandwich class" people can buy a new flat.
At the same time, the implementation of condominium (EC) in the top household income limit will also benefit from $ 10,000 to 12,000 yuan.
Prime Minister Lee Hsien Loong National Day Rally yesterday, said more people with late marriage, the couple's income is more close to the top household income of 8,000-yuan limit. They worry that if the promotions and pay rises, household income will exceed the top limit, which excluded from pre HDB (BTO) of the door.
CONTINUE READING...........Prime Minister’s National Day Rally Speech 2011
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