• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Things That You Think That You Own in Singapore, Being Systematically Taken Away From You

Taken away our 90s quality & low cost living when we have 0% gst, no need for COE, No ERP everywhere & CBD only from Suntec into Shenton with $3 coupon multiple entries & carpool to relieve congestion & it worked well.
LHL Money.jpg
 
1. Do you think that you own your HDB?

Technically, HDB owners own the lease, not the flat. You are essentially buying a long-term lease on the property, not outright ownership of the land itself.
Buyers of HDB units have only purchased a 99-year lease, they have no share of the land where their blocks stand on and no strata title.
 
2. Do you think you own your car?

Despite paying more than $100K for your car, when you stop paying your semi-annual road taxes, misses your vehicle inspections and when COE expires, you will lose that vehicle. It is like a 10-years lease.
A current Cat A COE price is $94,502 while the latest Cat B COE price has risen to $116,890. All this money goes directly to the SG Govt before we even pay for our car and other related taxes. The other taxes and fees are the ARF, OMV, GST, excise duty, registration fee, VES and road tax that motorists have to pay the 'Mafia' before we can drive away our new car.
 
A current Cat A COE price is $94,502 while the latest Cat B COE price has risen to $116,890. All this money goes directly to the SG Govt before we even pay for our car and other related taxes. The other taxes and fees are the ARF, OMV, GST, excise duty, registration fee, VES and road tax that motorists have to pay the 'Mafia' before we can drive away our new car.
please add petrol tax, ERP
 
3. Do you think you can preserve your purchasing power with cash?

Our strong inflation is like a hidden tax. With low interest-rates from your bank's savings account, the purchasing power of your cash in bank diminishes over the years. As our the cost of living continues to rocket, the value of the money that we have put in the bank goes down.
Goh CT promised us a Swiss standard of living, but all we got has been the Swiss cost of living.
 
Goh CT promised us a Swiss standard of living, but all we got has been the Swiss cost of living.
Actually I think he meant it. Only the dragon regime want quick money. So import population, import inflation, suppressing wages & increase unemployment.
 
Actually I think he meant it. Only the dragon regime want quick money. So import population, import inflation, suppressing wages & increase unemployment.
The path to hell is often paved with good intentions.
 
Actually I think he meant it. Only the dragon regime want quick money. So import population, import inflation, suppressing wages & increase unemployment.
I also wonder if Goh CT meant it when he said that any S'porean who cannot earn at least $1 million in the private or public sector a year is unfit and unqualified to become a PAP Minister?
 
I also wonder if Goh CT meant it when he said that any S'porean who cannot earn at least $1 million in the private or public sector a year is unfit and unqualified to become a PAP Minister?
I think he meant it & in this message, it is providing certain information. That our ministers are already paid in millions & only those already paid in millions well deserved the million dollar salary meaning they are some qualified professionals already. On the other hand, taxpayers are providing million dollars salary to also unqualified ones.
But sinkies are not smart even to get those calibre ones but only getting into politics not for the money. Iirc TJS or TKL? offer 50% cut on being president, sinkies too dense.
 
Taken away our 90s quality & low cost living when we have 0% gst, no need for COE, No ERP everywhere & CBD only from Suntec into Shenton with $3 coupon multiple entries & carpool to relieve congestion & it worked well.
Only way out of SG misery is to vote against the PAP.
 
4. Do you think you own your investment properties?

Property taxes have surged in recent years for investment properties (appx 3-4 weeks of rental income, annually), along with higher cost of financing, and your MCST contributions, income tax from property rentals. The net rental-yield is extremely low and missing anyone of these payments, will also result in your investment properties taken away from you.

images
Nice photo
 
Back
Top