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Khaw Boon Wan 20Oct14 EC Condo

Chn 8 News and Current Events Khaw Boon Wan 20Oct14 | EC Condo

Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo Khaw Boon Wan 20Oct14 EC Condo

Mr Khaw Boon Wan speaking on Channel 8 News and Current Events – 20 October 2014

Key Messages to take away as follows;

1. Cooling measures to stay. Prices have increased about 55% since 2009 but only dropped 6% so far. Government wants to correct the pricing before reviewing cooling measures.

2. Anytime is a good time to buy as long as you need a house & can afford it.

3. HDB supply to cut 10% this year & about 25% next year.

4. Land sales program to cut down.

5. Therefore over supply is not expected as less land & houses will be launched & built.

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