Perhaps Mah Bow Tan is threatening to file a police report about the raid on the reserves. Perhaps the guy who developed the
The Minister maintains, prices of HDB's new flats are typically pegged to prevailing resale prices but are discounted. That was the Mah folly, and it looks like Khaw is continuing the saga. So much for separating the essential good from the speculative luxury. Those queuing in the HDB office will be no different from those in the TOTO lines, playing a game of chance to flip the property for quick bucks. "Pricing a flat is quite tricky as there are many factors at play," Khaw told reporters. Please, spare us the trickery, what the people want is honest to goodness transparent accounting. Those who prefer sleight of hand have already been burnt at the casinos.