The lottery effect - fair or foul?

THIS WEEK'S TOPIC: How should higher-end HDB flats in prime locations be priced? What issues, if any, are there in creating a two-tier (or multi-tier) public housing market?

Lawrence Loh Director, Centre for Governance and Sustainability NUS Business School

The sale of public flats in the Greater Southern Waterfront will offer an innovative opportunity to test fit-to-market subsidies. While the sale prices of these flats can be comparable to those in other locations, the high subsidies can be made explicit to the buyers.