The ceiling for buying hdb is combined income of not more than $8000.

What are the implications for raising the ceiling to $10000?

Whey the government does not want to raise it?

max income of 8000 already have so many people queing ... let alone 10k .. hehe cant imagine ..

gov no stupid....

want developers to have a big pool of customers buying their condos.

gov no stupid....

want developers to have a big pool of customers buying their condos.

I think u r spot on...if raise to $10K, more people will buy new HDB and condo price have to come down to attract these $8001 - $9999 earners.

anyway, i find that some below 8K also looking at Condos. Just like one of my friend... haha!!

Buy a old resale block and wait for enbloc then you will get a new one. Then dun need to bother abt ceiling income..

Same solution to get you a new unit of hdb...