Family Saddled With Debt from $360k Woodlands 5Rm Pigeonhole

[makapaaa]

But the 154th took the opportunity to perpetuate Mabroky's lie that it's "subsidized". And why should the son serves NS when freebies are given to FTrash who dun need to serve NS while he needs his risk and the Papayas take the opportunity to suck from his family? Why are Sporns in such dire straits? And we're not talking about underpaid govt here, but one that is the BEST PAID in the world!

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>'We don't have money to buy our own unit'
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->To Madam Gurusamy Sarasvathy, the thought of taking advantage of the Government's subsidised flats is preposterous.
If the 52-year-old had a choice, she would not be squeezing into a two-room rental flat with her four children.
But four years ago, her husband, the family's sole breadwinner, died from a heart attack.
They had bought a five-room flat in Woodlands and she was left with a $360,000 loan to pay off.
Unable to keep up with the monthly payments of $2,000, Madam Gurusamy, who took up a cleaning job for $800 a month, had to move into a rental flat in Jalan Bukit Merah last year.
None of her four children is working although her eldest son, 21, is doing his national service.
Her eldest daughter Ranjini, 20, is looking for a job as a beautician. The other two - aged 17 and five - are in school.
'I wanted to buy a three-room flat because this place is too small for us, but we have no cash,' she said. Every month, she pays $44 in rent. She still owes the HDB $141,000 for the family's previous flat.
While their rental home looked well furnished - with a TV set, sofa, dining table and a desktop computer - Ranjini said the items were given to them by relatives.
They had given away their own bulky furniture.
Madam Gurusamy hopes her financial situation will improve when her daughter finds a job and when her son finishes NS next year.
'They may want to study further and then get married. I don't know if I'll ever finish repaying my loan,' she said. When asked if there are more deserving people needing their rental flat, she said: 'Where else can we stay? We don't have money to buy a flat now.'

 

[makapaaa]

Another one.

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Daughter never asked him to move in with her
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->For 30 years now, Mr Wang Zheng Kun, 75, has been living in a two-room rental flat in Ang Mo Kio. His is a sad story.
He and his wife were divorced in 1961, a year after they got married and a week after their only daughter, now 47, was born. 'We just couldn't get along,' he said.
The divorcee, who was working at the Hotel New World in Serangoon Road, asked his mother, a Malaysian, to stay with him in a staff hostel to take care of his baby daughter. In 1980, they moved into the HDB subsidised flat.
Fast forward three decades. Mr Wang's daughter, who is now a stall assistant, is married, has two children and lives in a four-room Sengkang flat. His mother has since died.
He now lives with his brother in the flat and pays the $50 rent using his CPF savings. When asked why he has not moved in with his daughter, Mr Wang said: 'Children, after marriage and family, want to stay on their own.'
Probed further, he simply said: 'She never asked me, how to go?'
Similar stories are playing out across rental-flat estates. Several elderly people said their children have moved out but they are still living in rental flats, some for 40 years.
On Aug 23, Minister Mah Bow Tan, noting this, said: 'If they can afford to own a flat or they have children already living in a flat, we encourage them to move out...For everyone who can afford to own a flat and does so, we will free up one flat for a more needy person.'
But many elderly folk said they are used to living in their estate and enjoy their independence. Among them is Madam Ng Peng Hong, 60, who has been living in a two-room rental flat in Jalan Bukit Merah with her husband since 1968. Her two grown children are living in four- and five-room flats. 'It should be those who sold their flats and are now staying in rental flats who should move out, not us,' she said.

 

[makapaaa]

Using another extreme example with a subliminal message that Sporns have only themsleves to be blamed. When the actual situation is that most Sporns who live in rental flats are the victims of the Old Fart's economic genocide!

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>This man really needs a flat
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Mr Yip Choong Wang, 76, outside the Kreta Ayer Community Club. He spends the nights there, sleeping upright with his legs propped up on a chair.
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<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->Every other day, Mr Yip Choong Weng, 76, walks to the rubbish collection centre near the Kreta Ayer Community Club to take a bath using the water hose there.
He has been homeless since 1988 when he sold his four-room HDB flat to settle gambling debts.
His wife went missing 20 years ago and he has no children or relatives to count on. He stayed with friends for the first few years but now spends his nights outside the Kreta Ayer Community Club.
He has made friends with the elderly residents who play chess there. They buy him meals and one even bought him a bicycle.
When night falls, he sleeps in an upright position, legs propped up on plastic chairs, worried that the authorities might chase him away.
Occasionally, he sleeps on a parapet, using cardboard pieces as a mat and newspapers as a pillow.
He does various odd jobs at hawker stalls but does not have a steady income. In good months, he earns up to $400.
In 2006, at the urging of a residents' committee member, he applied for a rental flat but was rejected by HDB, which needed proof that he was no longer married.
As he did not have a marriage certificate, it took him almost two years to get the paperwork done. Early this year, he re-submitted his application and is now waiting for a flat. 'I look forward to having my own house so that I can finally have a place to shower and sleep. I've appealed so many times and it's still taking so long,' he said.

 

[chinkangkor]

Post #1

Buying the resale HDB flat at such a high price is certainly imprudent. Even more imprudent is HDB's willingness to give them such a huge housing loan for a flat they apparently could not afford.

 

[Man in the streets]

That is why there is a divine reason for old fart to be around.

He will expericence retribution before he is fucked deep to hell for another round of torture.Storm is coming.

 

[SammyHulk]

points noted. never wear hats that are too big for mi.:p

 

[chinkangkor]

Post #2

The daughter is a stall assistant and probably does not have much say in the household. Judging from her occupation, she probably doesn't earn much as well. Even if she wanted her father to move in, her husband may not like it.

Anyway, this chap is already 75, how many more years can he enjoy?

 

[makapaaa]

>>>Anyway, this chap is already 75, how many more years can he enjoy?<<<

At least another 10 years! U think I make u buy annuity for fun ah? *hee*hee*​

 

[BlueCat]

if Madam Gurusamy Sarasvathy's husband had bought the home insurance,the flat would have been theirs.

some of them,when they are young,they do not look or take care of the family.so when they became old,their children also do not take care of them.

of course,there are some true cases.

 

[chinkangkor]

Post #3

The Ministry of Community Development should hire this man to be their poster boy to warn against addicted gambling. Let him tell his stories and warn those die-hard gamblers that they may end up in the same situation as him if they don't kick off their gambling habits.

 

[Manchu]

The following ST article which I extracted fm another thread says it all. Retired elderly Singaporeans are edging out a peasants' lifestlyle by working as cleaners,taxi drivers,hawkers etc...



QUOTE:
Former advisor of PAP:Singapore no Switzerland standard

--------------------------------------------------------------------------------

ST on 27 Aug 2008

Dr Kenichi Ohmae is a former adviser to the Singapore Govt said that while Singapore has a good education system and has in recent years embarked on a drive to recruit foreign talent to work here, its challenge on the talent front is that Singapore is not a very attractive place to live.

He said that though low personal taxes are attractive but Sinapore needs to do more to improve the quality of life to become region's switzerland (low taxes combined with a good standard of living

 

[joker88]

The ................... Retired elderly Singaporeans are edging out a peasants' lifestlyle by working as cleaners,taxi drivers,hawkers etc...

What a pathetic nation we are now. All the retired elderly are suffering and the youngsters are spending money like nobody biz.

 

[madmansg]

she better not complain somemore else SAF mark her son and then he kenna drown inside commando camp.

 

[tonychat]

He has been homeless since 1988 when he sold his four-room HDB flat to settle gambling debts.

And sinkieland has casino coming... good luck.

 

[tonychat]

'I look forward to having my own house so that I can finally have a place to shower and sleep. I've appealed so many times and it's still taking so long,' he said.
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So much for being first world.