Pinnacle@Duxton.....
Is it a landmark of public housing or is it the start of the government's folly to introduce speculation into HDB BTO?
Look at what happened to the demands of the young when they see it's UNFAIR and some of their Singaporeans get a lucky break in such balloting.
Look at how much valuable land in matured estates, near CBD is given out to the young ever since Pinnacle@Duxton.
Look at how rebellious the young got in their demands.
Seriously, I think it's a BIG mistake.
Just see what they have done to the expectations of average Singaporeans.
Almost every young couple thinks government owns them a living. I still recall that irritating Sunday Times article written by that terrible young journalist, demanding that it's a right buy BTO and immediately rent it out.
And of course, the price which PAP paid was the lost of Aljunied GRC with housing demand being the key issue. All these, despite all the work they had done for its people.
Was it worth it to create a landmark of public housing?
The speculation was spurred on by the government indirectly, because Pinnacle set the benchmark that even the most average Singaporean can ballot just like buying 4D for a unit that can be a S$1million in the near future.