Dropping resale flat prices appear to contradict Singapore’s founding Prime Minister, Lee Kuan Yew’s emphatic promise that the value of public housing “will never go down!”  The Housing Development Board (HDB), a Government statutory board under the Ministry of National Development, announced last month that the price of resale flats has dipped by 0.2 per … Continue reading Dropping HDB resale flat prices contradicts Lee Kuan Yew’s promise that the value of homes “will never go down!”