The latest batch of HDB BTO launch indicates that a 4 room flat costs only $200k plus. This is very cheap. Some forumers who claim to earn $470k pa or $700k pa can simply buy these in cash from their one year salary. I don't understand why people complaint property is expensive. $200k plus for a 4 room flat is very cheap what.

Even for the low income group, if a couple earns $2000 pm each, their monthly income is $4000. I'm sure they can afford easily the monthly mortgage payments for a $200k plus BTO flat.