Boh Tak Chek: August 24, 2013 at 12:24 pm (Quote) Cost up: - TopicsExpress

Boh Tak Chek: August 24, 2013 at 12:24 pm (Quote) Cost up: This is the price to the contractor. You need to add, The salary of HDB back end staff, including the salary of KBW The land cost Yes, must add HDB staff and KBW salaries, but also must minus the construction costs of below because they are always owned by HDB: 1) void deck (the ground floor in every block) 2) car park 3) play ground 4) garden 5) access roads For private housing, in the case of en-bloc, all the above are sold together to the new buyer, and the full amount of sales proceeds are distrubuted to the owner of each house. But for HDB en-bloc, flat owners do not enjoy the same benefits. HDB will never ever pay him for the car park, play ground, garden and access roads. In fact, if anyone were to rent the the void deck or use the car park, he has to pay the owner, HDB.

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