New revelation - its still affordable!

"Let me illustrate. A family with monthly household income of $3,000 who spends 30 per cent on housing can buy a flat of up to $250,000. This covers all the new 3-room flats in HDB's most recent BTO projects in Choa Chu Kang and Hougang in Jan 10. They also have a selection of the 4-room flats, where prices start at about $230,000. At $4,000 monthly income, a family can afford up to $333,000 without spending more than 30 per cent every month."
- a minister from little red dot.