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SG Public Housing: Blow by Blow account between PAP & Opposition Part(ies)

Who's argument on SG public housing make sense?

  • Mah Bow Tan

    Votes: 0 0.0%

  • Low Thia Khiang

    Votes: 18 100.0%
  • Total voters
    18
sense

sense

Alfrescian
Loyal
Joined
Apr 3, 2011
Messages
1,463
Points
48
Round 1 (9 Apr 2011): WP's Manifesto, "...prices of new flats should be pegged to median incomes of Singaporean households who qualify to buy HDB flats." [1]

Round 2 (21 Apr 2011): MBT, "WP's cheaper HDB flats plan will raid reserves" [2]

Round 3 (22 Apr 2011): LTK to MBT, "... If land cost is lower, it means less proceeds from sales of land contributed to reserves... the Government has been raiding reserves" [3]

Round 4 (25 Apr 2011): MBT to LTK, "...called the Workers' Party's Secretary-General Low Thia Khiang "mischievous" in alleging that the government has been guilty of taking reserves for years." [4]

References:
[1] http://wp.sg/wpge/manifesto/key-highlights/
[2] http://www.straitstimes.com/GeneralElection/News/Story/STIStory_659136.html
[3] http://www.todayonline.com/Hotnews/...Party-locks-horns-with-PAP-over-housing-issue
[4] http://www.channelnewsasia.com/stories/singaporelocalnews/view/1124581/1/.html

PS: As this message will be locked, I'll be continuing this blow by blow account over at my uncensored blog, http://sensesg.multiply.com/journal/item/1/SG_Public_Housing_Blow_by_Blow_Account_PAP_vs_Oppositions
 
Last edited:
sense said:
Round 1 (9 Apr 2011)..
Click to expand...

I would like to repeat again that Polls don't mean a thing in cyberspace as one character can have multiple accounts but in a way it's good from you because that also gives me the pleasure of seeing clones belonging to the same asshole congregate together. :eek::D
 
MahTheFucker can bury his head in the sand for all I care. Never in my life had I seen and heard the young talking politics so much as recently.

The question they are asking is................

"How the fuck am I going to get married and have kids if I can't afford a HDB home. To have a home and then eat plain porridge for the next 30 years?"

What is the harm in voting opposition for the next 5 years?

This country club of ours, the one we called Singapore is run by the Civil service anyway. Lee Kuan Yew had said so himself.:rolleyes:
 
Debonerman said:
"How the **** am I going to get married and have kids if I can't afford a HDB home. To have a home and then eat plain porridge for the next 30 years?"

What is the harm in voting opposition for the next 5 years?
Click to expand...

Excluding your expletives, the question you raised is very real for many young couples.

Affording a home is one serious matter, the other implication is the delay in family planning as a result of the former.

Perhaps the fertility rate in SG needs to fall below 1.0...

family.gif
 
The idiot Mah Bow Tan screw up big time. U think pple will still listen to him meh? This is not a "Honest Mistake". This is an idiotic one
 
When was he interviewed and is it even appropriate to release this video now? Parliament was dissolved 19 April? For a person without any ministerial status now, is it appropriate at all for MND to release this now? I have no problem of this videos released prior to 19 April, content aside.
 
Round 5 (29 Apr 2011): GMS to MBT, "HDB has the monopoly has the ability to reduce the price of new flats substantially without affecting the resale market prices. This is because the core demand of the resale market is made up of PRs, upgraders, singles, who are not allowed to buy new flats from HDB" [5]

References:
[5] http://news.xin.msn.com/en/singapore/article.aspx?cp-documentid=4805336

831BA9888101E54FC7867662FC43.jpg


A sequential & less noisy compilation of this thread can be found here: http://sensesg.multiply.com/journal/item/1/SG_Public_Housing_Blow_by_Blow_Account_PAP_vs_Oppositions
 
Last edited:
Shi Weilong said:
source: http://www.straitstimes.com/STForum/Story/STIStory_695918.html

Jul 29, 2011
Loan quantum puts flat beyond reach

MY WIFE and I heeded the Government's call to have more babies and have more than reproduced ourselves with three wonderful children.

With a growing family, an elderly parent and a maid, my family of seven was badly in need of a bigger living space.

We decided to make use of our second and final chance to apply for new build-to-order (BTO) subsidised public housing.

After close to a year of unsuccessful applications, we were overjoyed to be finally invited to select a BTO flat. But our joy proved to be short-lived.

The subsidised public housing we selected costs close to half a million dollars. Our combined income of more than $7,000 is at the high end of the Housing Board's income ceiling.

Yet when we applied for an HDB loan, we were surprised that the board required a downpayment of 60 per cent - more than a quarter of a million dollars - on the purchase price.

The HDB offered a maximum loan of only $188,000 on a half-million-dollar public flat.

I truly wonder if public housing is affordable any more if citizens, like my family who have heeded the Government's call to have more children, have to find more than a quarter of a million dollars to make the downpayment on a subsidised public flat.

Shi Weilong
Click to expand...

And yet MBT still dare to talk about raiding of reserves!
 
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