A nation of homeowners, thanks to PAP

[chinkangkor]

You sell HIGH, you buy HIGH. Obviously u mustve failed in arithmetic or youre just another blind bat. Wake UP!!!!!

Those who buy high during boom time may end up selling low (foreclosure) during recession time.

 

[0939]

No need to mortgage your flat when you can sell it for huge profits after living in it for 5 years. This is what i called ownership.

The last time you can make at least 50 per cent profits was in 1994,1995.
What happen to those sold their HDB flats and and they bought another resale flats or upgrade to E condo or private during that time. Some of them had learned a painful lesson when property market slumped during 1998.

 

[depeche]

The home ownership in HDB flats has too much restrictions and is only 99 leasehold... can't compared that with other countries!

 

[cass888]

bullshit. anyone who pays mortgage on a 99-year lease is a moronic leaseholder, not a homeowner.

Only morons like you do not undertstand the concept of leasehold ownership. Try googling "leasehold title" and see how many countries have this concept.

 

[saf_ranger]

is just like u rent from them for 99 years.

 

[makapaaa]

I am a dog.​