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Serious Breaking news : Denise Phua said BTO can be paid off within 1-2 years of annual income!

With this type of intelligence level, how was she selected as a MP, worst as a mayor? old sky no eyes!
 
Lol… if that’s the case, condo can be paid off in 5 years maybe? Just don’t eat, don’t spend, don’t pay bills and it shouldn’t be a problem.

This phua cheebye is so out of touch that she even dare to say it out in parliament. Clearly, she’s earning way more than $100k to be able to say such shit.
 
that’s about $69k per year. after 2 years the flat “owner” will look like this. also can’t go to work as transport will incur cost. can’t have wifi and handphone too. just pay up and stare at the wall. will get fired in less than 6.9 days. how to keep a job?
IMG_0718.jpeg
 
Lol… if that’s the case, condo can be paid off in 5 years maybe? Just don’t eat, don’t spend, don’t pay bills and it shouldn’t be a problem.

This phua cheebye is so out of touch that she even dare to say it out in parliament. Clearly, she’s earning way more than $100k to be able to say such shit.
if every young sinkie couple and family were to follow her cow sense the sg economy will collapse. and the banks will be first to curse her.
 
She must have graduated from the finest Finance and Economics university. Such a bold interpretation of disposable income. Truly amazing.
 
Pap politicians and the elite are soo sincere n have their ears on the ground n understand the issues facing the common ppl.....
 
As a PAP MP she has lost touch with reality. Possibly she 's using her high salary as disposable income.:biggrin:
 
She must have graduated from the finest Finance and Economics university. Such a bold interpretation of disposable income. Truly amazing.
and foregoing the opportunity cost of having children or saving in a high interest fixed deposit for a rainy day. the ministry responsible for family planning and encouraging sinkie couples to have more babies must be twisting in their hot seats in parliament.
 
Even if.... she was misunderstood. She clearly took the piss by quoting this incredibly cheap BTO flats costing $140k. Come on la... quote the average cost of HDB flats, not the one off bottom tier ones la.
 
Even if.... she was misunderstood. She clearly took the piss by quoting this incredibly cheap BTO flats costing $140k. Come on la... quote the average cost of HDB flats, not the one off bottom tier ones la.
disingenuous as a $69k per year salary is above the median incum among young sinkies while a $140k flat is way below the median price of a bto flat. and would a $6k per month incum sinkie want to buy the smallest and lowest end starter flat? even a couple making a total household incum of $69k will look away.
 
There are two main ways the PAP regime extracts wealth from Sinkies.

1) Selling 'subsidized' HDB flats to them then shackling them to a loan repayment period.

2) COE protection money, in the name of alleviating traffic congestion.

---

There are many other ways they proverbially squeeze blood from a stone, but the above two methods bring in the most money. :cool:
 
disingenuous as a $69k per year salary is above the median incum among young sinkies while a $140k flat is way below the median price of a bto flat. and would a $6k per month incum sinkie want to buy the smallest and lowest end starter flat? even a couple making a total household incum of $69k will look away.
Where is the wankers on this?
 
Where is the wankers on this?
i’m surprised her speech in parliament cleared the pap elites for a pubic presentation. if she presented the same shit in her mba finals in golden gate university she would be laughed out the door.
 
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