I am very disappointed with Mr. Mah Bow Tan's "rebuttal" on the Housing Issues.
First of all, he has chosen to do so at the very last rally while refusing to take up the challenge of having a Live TV Debate. I could understand why because his so call rebuttals cannot hold water at all.
First of all, we are not saying that Singaporeans cannot use their CPF money to buy HDB flats. We are just saying with a 30 year mortgage, there will be little money left for retirement! It seems that Mr. Mah Bow Tan either chooses to side step this problem or deliberately mislead voters about our manifesto.
Secondly, he claims that our flats sold at Cost Plus will have to be sold at the same amount and all units will look the same. This is the most uncreative way of thinking and rebuttals. We could still build very different flats with different costings but yet, selling at Cost Plus. Yes, the sales price will be different but still, it is Cost Price system.
Thirdly, he still insists that such flats cannot increase in value. I do not understand how he come to that conclusion since the resale market will still be there.
I am totally disappointed with such rebuttals as I was expecting something much better. Anyway, it is up for Voters of Tampines to decide.
Goh Meng Seng
