Mah Bow Tan claims that HDB flats remain “affordable†and as
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Time to start singing the Bee Gees tune ,'You Win again' to the PAP
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Mah Bow Nao (brainless Mah) , that dimwit wouldn't know what's a property bubble even if it bites him in the ass................
Mah Bow Tan is probably the most utterly clueless, useless and worthless clown in PAP..................except his bootlicking skills are peerless.............
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HDB should consider the following proposal to control the price of HDB flat:
1) Building time for new HDB flat (BTO) should be reduced to about 2 years including the balloting time for BTO flat.
2) Propose to have Queue system so that all citizens will have a fair chance to select their choice flat. Have a greater differentiate in prices between high and low floor units so as to cater to all group of different financial capability. Unit with better facing should be price higher. In this case all units should be taken up during selection.
3) All application will be given only one chance to select a new flat when queue is due. Should have a bar period of 1 years for these who turn down the offer to select a flat. These who give up their chance will have to re-apply after 1 year. This will reflect the true demand of new flat.
4) The minimum occupation period should be raise to 5 years for PR whom buys HDB flat from open market. This will prevent property speculation by the PR.
5) PR who sells the HDB flat should be subject to 30% profit tax when they sell their unit. This will generate some income for the government to help the needy family.
6) PR should be allows to buy from the open market once only.
7) A $30K citizenship deposit should be imposed for PR buying HDB flat. The deposit will be refund once the PR convert to citizen within 3 years or else the deposit will be forfeited. This will encourage citizenship so as to increase our population.
8) HDB should put up more flat for sale under the BTO scheme. Currently each BTO had subscription ratio of 1:6 to 1:10. This is an indication of strong demand. Propose to have 2 BTO offer each month with 2000 unit for selection.
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Originally posted by Thomasfeedback:
HDB should consider the following proposal to control the price of HDB flat:
1) Building time for new HDB flat (BTO) should be reduced to about 2 years including the balloting time for BTO flat.
2) Propose to have Queue system so that all citizens will have a fair chance to select their choice flat. Have a greater differentiate in prices between high and low floor units so as to cater to all group of different financial capability. Unit with better facing should be price higher. In this case all units should be taken up during selection.
3) All application will be given only one chance to select a new flat when queue is due. Should have a bar period of 1 years for these who turn down the offer to select a flat. These who give up their chance will have to re-apply after 1 year. This will reflect the true demand of new flat.
4) The minimum occupation period should be raise to 5 years for PR whom buys HDB flat from open market. This will prevent property speculation by the PR.
5) PR who sells the HDB flat should be subject to 30% profit tax when they sell their unit. This will generate some income for the government to help the needy family.
6) PR should be allows to buy from the open market once only.
7) A $30K citizenship deposit should be imposed for PR buying HDB flat. The deposit will be refund once the PR convert to citizen within 3 years or else the deposit will be forfeited. This will encourage citizenship so as to increase our population.
8) HDB should put up more flat for sale under the BTO scheme. Currently each BTO had subscription ratio of 1:6 to 1:10. This is an indication of strong demand. Propose to have 2 BTO offer each month with 2000 unit for selection.
1: -- Reducing building time may affect the quality. We do not want to see another "Nicoll Highway incident" in our home.
2: -- Agreed.
3: -- Now it is 2 chances because sometimes they just find out that it is not a good facing (Consider about the sunlight lah etc, which is important to dry one's laundry etc) unit which therefore they don't want it. Afterall, HDB simply cant categorize a excellent, normal and bad facing units, if not the price will overshot for excellent group while the bad group may not even get 1 application. So I still think that keeping to 2 chances is reasonable because this is a BTO, something people cannot see first then decide what unit to select.
4: -- Good suggestion.
5: -- Is it possible that they exploit other loop holes to prevent this such as declare a lower profit, or use it to buy other properties, regardless HDB (Which is what the point 6 is about) or private properties, including condo etc.
6: -- Fair enough, HDB flats are meant for Singaporeans to have a house, and not an income earning tool.
7: -- This is intersting. But, I think it gives a negative effects which discourages people to become PR and forget about the citizenship all together.
8: -- Even if it is strong demand, it may be hard to know which area is suitable for BTO. I mean, some people just do not like Jurong West or Punggol area or you name an area due to different reasons. I believe such policy may not be enough.
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$ 900,000 resale HDB flat is affordable.
Really.
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Originally posted by charlize:
$ 900,000 resale HDB flat is affordable.
Really.
900,000 nice nobetter still if it hit 1 million
Sounds more nicer
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public housing that is $1m. Is there anything like that around the world? Say tokyo, melbourne, new york, them big cities. Any cosmopolitan folk care to englighten?
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For 1 million, you can easily buy a private condo with less restrictions even.
Why are foreigners paying so much to get a HDB flat?
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Why are foreigners paying so much to get a HDB flat?
cos they nothing better to do - too free!
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Originally posted by charlize:
For 1 million, you can easily buy a private condo with less restrictions even.
Why are foreigners paying so much to get a HDB flat?
they get loans thru local bank....so it is just a matter of servicing monthly payment.
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Originally posted by Short Ninja:
Time to start singing the Bee Gees tune ,'You Win again' to the PAP
Bees can sing meh? -
to many foreigners, HDB is a condo to them liao...understand
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The agenda of the Taiwanese 'hum' is obvious to disrupt the SgForum with its low level frivolous idiocy.It is obvious that the moderators have given Taiwanese 'hum' a "carte blanche" to disrupt as it pleases with its idiocy and without any intervention.
How did the Taiwanese 'hum' manage to post two replies at the same time when there is a 30 second bar between postings ?
S’poreans must not create an image that new immigrants are n - 04 Apr ’10 –10.53AM
Undersea nuke power plant in SG southern islands – 04 Apr ’10 – 10.53AM
It is not a surprise that the Taiwan 'hum' will continue to agitate by flapping its ‘Labia Majora’ and ‘Labia Minora’ to taunt in total idiocy - ‘hahaha..now u know who i am hor...the special one.’ (*1)
The agenda of a Taiwanese 'hum' in this SgForum was clearly stated by itself - ‘to make sure the audience moving/divert toward you’ (*2)
Is it any surprise to see that the efforts of the resident CBM here is obviously to sabotage the thread with its flippant and irrelevant replies, and get all attempts at serious discussion to be driven off track - simply to bring attention to its own stupidity ?
With its brain stuck between its ‘Labia Majora’ and ‘Labia Minora’ - and a brain no bigger then the size of its ‘clitoris’ - all it can do is to flap in rapturous idiocy to attract attention to itself as an 'Attention Seeking Whore' fitted with a world class CBM.
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Originally posted by angel7030:
The agenda of the Taiwanese 'hum' is obvious to disrupt the SgForum with its low level frivolous idiocy.It is obvious that the moderators have given Taiwanese 'hum' a "carte blanche" to disrupt as it pleases with its idiocy and without any intervention.
How did the Taiwanese 'hum' manage to post two replies at the same time when there is a 30 second bar between postings ?
S’poreans must not create an image that new immigrants are n - 04 Apr ’10 –10.53AM
Undersea nuke power plant in SG southern islands – 04 Apr ’10 – 10.53AM
It is not a surprise that the Taiwan 'hum' will continue to agitate by flapping its ‘Labia Majora’ and ‘Labia Minora’ to taunt in total idiocy - ‘hahaha..now u know who i am hor...the special one.’ (*1)
The agenda of a Taiwanese 'hum' in this SgForum was clearly stated by itself - ‘to make sure the audience moving/divert toward you’ (*2)
Is it any surprise to see that the efforts of the resident CBM here is obviously to sabotage the thread with its flippant and irrelevant replies, and get all attempts at serious discussion to be driven off track - simply to bring attention to its own stupidity ?
With its brain stuck between its ‘Labia Majora’ and ‘Labia Minora’ - and a brain no bigger then the size of its ‘clitoris’ - all it can do is to flap in rapturous idiocy to attract attention to itself as an 'Attention Seeking Whore' fitted with a world class CBM.
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Originally posted by Thomasfeedback:
HDB should consider the following proposal to control the price of HDB flat:
1) Building time for new HDB flat (BTO) should be reduced to about 2 years including the balloting time for BTO flat.
2) Propose to have Queue system so that all citizens will have a fair chance to select their choice flat. Have a greater differentiate in prices between high and low floor units so as to cater to all group of different financial capability. Unit with better facing should be price higher. In this case all units should be taken up during selection.
3) All application will be given only one chance to select a new flat when queue is due. Should have a bar period of 1 years for these who turn down the offer to select a flat. These who give up their chance will have to re-apply after 1 year. This will reflect the true demand of new flat.
4) The minimum occupation period should be raise to 5 years for PR whom buys HDB flat from open market. This will prevent property speculation by the PR.
5) PR who sells the HDB flat should be subject to 30% profit tax when they sell their unit. This will generate some income for the government to help the needy family.
6) PR should be allows to buy from the open market once only.
7) A $30K citizenship deposit should be imposed for PR buying HDB flat. The deposit will be refund once the PR convert to citizen within 3 years or else the deposit will be forfeited. This will encourage citizenship so as to increase our population.
8) HDB should put up more flat for sale under the BTO scheme. Currently each BTO had subscription ratio of 1:6 to 1:10. This is an indication of strong demand. Propose to have 2 BTO offer each month with 2000 unit for selection.
I would also proposed a much agressive move on solving population issued if the government is serious on this issued......allow young married couple to rent HDB at susidy rate like 500 a month for 36 months as a head start and having the option to buy after 36 months is up or upgrade whatever suit them. If there is baby create free healthcare for baby till 36 months.
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Originally posted by Arapahoe:
I would also proposed a much agressive move on solving population issued if the government is serious on this issued......allow young married couple to rent HDB at susidy rate like 500 a month for 36 months as a head start and having the option to buy after 36 months is up or upgrade whatever suit them. If there is baby create free healthcare for baby till 36 months.
Can, no problem, but govt will also propose something for you,1. $500 not including all other bills
2. Must allow Govt to become Surrogate parents of your Baby. Meaning, they have the right to control over your baby future with a tag PAP in his Surname. eg Angel Lin(pap)
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Originally posted by angel7030:
Can, no problem, but govt will also propose something for you,1. $500 not including all other bills
2. Must allow Govt to become Surrogate parents of your Baby. Meaning, they have the right to control over your baby future with a tag PAP in his Surname. eg Angel Lin(pap)
‘hahaha..now u know who i am hor...the special one.’ (*1)
It is not a surprise that the Taiwan 'hum' will continue to agitate by flapping its ‘Labia Majora’ and ‘Labia Minora’ to taunt with total "carte blanche" liberties to disrupt as it pleases without any intervention from the moderators.
The agenda of a Taiwanese 'hum' in this SgForum was clearly stated by itself - ‘to make sure the audience moving/divert toward you’ (*2)
Is it any surprise to see that the efforts of the resident CBM in this Forum, is to sabotage the thread with its flippant and irrelevant replies, and get all attempts at serious discussion to be driven off track - simply to bring attention to its own stupidity ?
With its brain stuck between its ‘Labia Majora’ and ‘Labia Minora’ - and a brain no bigger then the size of its ‘clitoris’ - all it can do is to flap in rapturous idiocy to attract attention to itself as an 'Attention Seeking Whore' fitted with a world class CBM.
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I mentioned before.
If HDB flats continue its upward spiral to 1 million dollars, it will soon not just become an economic problem (just dollars and cents) but will become a social problem.
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Originally posted by charlize:
I mentioned before.
If HDB flats continue its upward spiral to 1 million dollars, it will soon not just become an economic problem (just dollars and cents) but will become a social problem.
I live in hope that a huge mob will one day storm parliament while it is in session and beat the mps and ministers to death with their bare hands
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Originally posted by av98m:
I live in hope that a huge mob will one day storm parliament while it is in session and beat the mps and ministers to death with their bare hands
Hey, don't disturb the people sleeping in there.
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many Many many yrs ago
HDB ---- 200k very affordable
then again 500k also still affordable
then 700k again still affordable
then 900 k again still affordable
Next time they will quote 1 mio still affordable
as long dun reach 2 mio always remain afoordable
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Originally posted by noahnoah:
many Many many yrs ago
HDB ---- 200k very affordable
then again 500k also still affordable
then 700k again still affordable
then 900 k again still affordable
Next time they will quote 1 mio still affordable
as long dun reach 2 mio always remain afoordable
LIke they say, it depends on how long you want to stretch your mortgage loan to.
Last time, you could probably finish paying off your whole loan in 5 years.
Now, you need 30 years.
In the future, parents will have to start paying for their kids' future homes the moment they are born.
50 year mortgage loan - first 25 years paid by parents, next 25 years paid by the child.
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of coz it is affordable....only to those who are drawing $100K and above......like him lor.
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I'm not anti-PAP wadsoever, in fact I voted for them in the previous election. Our government is really quite good if u wanna compare them to many other countries. But in recent times, it is obvious that the housing policy is not functioning well. This has caused problems for a lot of home buyers and built up a lot of resentment against the government. It's fine if the government or Mah Bow Tan for that matter refuse to admit that the housing policy is lousy because they want to save "face". But take my word for it, if this carries on, PAP you are not getting my vote in the next election and it's high time for Mah Bow Tan to be voted out.
