154th: PHole Costly Cos of High Construction Cost!

[makapaaa]

Isn't this what the leeport suggests when ample figures have already shown that it costs about $100k++ to build a pigeonhole (including carparks and evey damned thing in the estate that the Familee then subsequently hijack to double charge the Peasants) while Mabroky then marks up by a few hundred percent to resell to the Peasants?

<TABLE border=0 cellSpacing=0 cellPadding=0 width=560><TBODY><TR><TD vAlign=top width=550 colSpan=2>Go back to basics for affordable flats <!-- TITLE : end--><!--
Time to take a hard look at HDB's increasingly conflicting mandates. -ST --></TD></TR><TR>

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</TD></TR><TR><TD class=content_subtitle align=left>Tue, Sep 29, 2009
The Straits Times </TD></TR></TBODY></TABLE></TD><TD width=400 align=right><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR><TD vAlign=top align=right> </TD><TD height=15>

</TD><TD vAlign=top align=right><FORM method=post name=emailToFriendForm action=emailToFriend.jsp><INPUT value=/vgn-ext-templating/asiaone/emailToFriend.jsp?vgnextoid=10cbb9b357204210VgnVCM100000430a0a0aRCRD&vgnextchannel=8269835dd2322110VgnVCM100000bd0a0a0aRCRD type=hidden name=emailToFriendPageURL> <INPUT value=http://www.asiaone.com/Business/News/Story/A1Story20090929-170519.html type=hidden name=emailToFriendStoryLink> </FORM><SCRIPT> function openEmailA1AdminWindow(emailToFriendForm) { var emailToFriendPageURL = emailToFriendForm.emailToFriendPageURL.value; emailToFriendForm.action = emailToFriendPageURL; emailToFriendForm.target="_blank"; emailToFriendForm.submit(); } </SCRIPT></TD></TR></TBODY></TABLE><TD></TD></TR></TBODY></TABLE></TD></TR><!-- Story Without Image / With eXtra Large Image End --><TR><TD class=bodytext_10pt colSpan=3><!-- CONTENT : start -->By Tan Hui Yee, Correspondent
WHAT does 'affordable' mean?
With rising home prices hitting headlines in recent weeks, Singaporeans are falling over themselves trying to pin down affordability.
<TABLE border=0 cellSpacing=2 cellPadding=2 width=300 align=right><TBODY><TR><TD><SCRIPT language=JavaScript src="/static/ads/scripts/adsimu.js"></SCRIPT></TD></TR></TBODY></TABLE>The Government, which built its reputation housing a nation, has defended its record. It says that public housing is affordable because new home owners use less than 30 per cent of their income to service their housing loans.
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[halsey02]

Affordable means, they can afford to jack up prices, change the rules, change the laws; anytime they wishes..

That is AFFORDABLE!

 

[ahleebabasingaporethief]

http://i35.tinypic.com/j929kz.jpg

 

[MarrickG]

They say 30% of total income is still considered affordable? That is a 30 years old which is almost the full working life of an adult. This means that at the end of it, they have no money in their CPF.

How to retire like that?

 

[angie]

http://i35.tinypic.com/j929kz.jpg

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[mscitw]

Lackey Tan is indeed a swine.

The huge loans and long repayment period will create good interest income for housing mafia and banks.

With competition, the price of goods decline, despite the rapid advances in consumer electronics, the comsumers pay lesser over time. Peasant Tan forgets advances in building technology and materials will limit costs.

She is indeed a mouthpiece lackey.

 

[chinkangkor]

They say 30% of total income is still considered affordable? That is a 30 years old which is almost the full working life of an adult. This means that at the end of it, they have no money in their CPF.

How to retire like that?

Spot on. A 30-year loan and the accumulated interest paid will be very hefty. And 30% of your monthly income is gone into housing for 30 years.

If you were to set aside 20% of monthly income for retirement savings every month, you will be left will only 50% of income for your monthly needs. For someone earning $2k, that will be $1k left for your makan, transport, clothing, children expenses, children's education, tuition, utilities, conservancy charges etc .... I wonder what is the quality of life like living from hand to mouth.

 

[po2wq]

154th: PHole Costly Cos of High Construction Cost! ...

ya, man! ...

no mor sand ... how 2 build? ... where gt bricks? ... where gt mortar? ...