Happy news for retirees

HDB rental market remains strong with high demands from foreigners. The median rents for 2 rm is $1,000 pm and 3 rm is $1,400. Now, that will take care of my retirement surely. No need CPF Life or buy back schemes. If people can start a family with a $1,200 income, $1,400 will be too much for a retiree who is happy with instant noodles and 3 in 1s.

And for the bigger flats, 4 rm can fetch $1,600