Serious Great News! 12 Years Old Punggol HDB Sold for $900,000! Huat Ah!

[Asterix]

north, northwest, northeast are also shitholes. best hdb estate is in marine parade, followed by pasir ris, simei, then tiong bahru, queenstown, tpy in that order. i’m using criteria of location, access, view, safety, neighborhood, quietness, small town feel, expat (not ceca) preference for rentals, above average rent, majority higher ses sinkies and foreigners living in the area. wherever there are sizable numbers of tiongs, cecas, jiuhukias, and low ses sinkies around, it becums a shithole. clementi had the potential of becumming a great place as it’s near the nus campus and biotech research park. but for some reasons such as lower rents, more low wage jobs, proximity to factory jobs than there are in tiong bahru, many tiongs and jiuhukias flock to clementi and jurong.

yes, pasir ris is at the top …



… and hawker food there appears to have gone atas with prices to match, must try when I am back in SG … after COVID is over … hopefully b4 CNY 2021 ...

 

[Narong Wongwan]

big estate, does not meet criteria.

Some parts of Bedok is very shitty and neglected

 

[Dr Christopher Cheok C S]

I am an insolvency practitioner in Toronto.
Is an HDB flat exempt from seizure if the owner goes bankrupt?
There must be sections in the Act dealing with preference payments, settlements and transfer of assets below market value and those to recapture fraudulent transactions.

If you are insolvent in Singapore, as long as you paid up for your HDB or took HDB loan for it, OA cannot seize the flat. But if you transferred wealth to your family members within the last 3-5 years, creditors can file charges.

Therefore our HDB is a shelter from creditors for SME towkays. If Singapore launches a $1million BTO for a high-floor flat at the new southern waterfront area, people will snatch it.

 

[JiuHuKia]

Singaporeans are ridiculous. Later the joker will have to rent out his overpriced pigeon hole and moved to Malaysia just to survive retirement.

 

[Hypocrite-The]

Some parts of Bedok is very shitty and neglected

Bedok is important to pap as it's an area vulnerable to the opposition and can cause pap to loose a grc. So pap must jaga it well

 

[hbk75]

Obviously the recession haven bite yet.

 

[whoami]

Obviously the recession haven bite yet.

Where got recession. My nephew in grab drivg/food. Told me sinkies rich. Many ordered daily grab food n took grab tpt.

 

[hbk75]

Where got recession. My nephew in grab drivg/food. Told me sinkies rich. Many ordered daily grab food n took grab tpt.

Recession always take many months to take effects.

 

[Charlie99]

If you are insolvent in Singapore, as long as you paid up for your HDB or took HDB loan for it, OA cannot seize the flat. But if you transferred wealth to your family members within the last 3-5 years, creditors can file charges.

Therefore our HDB is a shelter from creditors for SME towkays. If Singapore launches a $1million BTO for a high-floor flat at the new southern waterfront area, people will snatch it.

Thank you.
Based on that, I would assume there may be an incentive for entrepreneurs who may become insolvent to purchase a high end HDB flat, to ensure that he has an exempt principal residence, in the event that his npn exempt real properties are realized during insolvency proceedings.

 

[whoami]

Recession always take many months to take effects.

My friend whos single. Rent out his 4room flat. Ev mth passive imcome. Rich lah. He used to be pro oppie. But after MIW relaxed the rule n made ir easier for singles to own a flat hes now a PAP fan. Majullah Singapura.

 

[Asterix]

My friend whos single. Rent out his 4room flat. Ev mth passive imcome. Rich lah. He used to be pro oppie. But after MIW relaxed the rule n made ir easier for singles to own a flat hes now a PAP fan. Majullah Singapura.

Thought HDB flat must be owner occupied, cannot suka suka rent our whole unit. How does your friend do it?

 

[frenchbriefs]

Singaporeans are ridiculous. Later the joker will have to rent out his overpriced pigeon hole and moved to Malaysia just to survive retirement.

u think people that can afford million dollar pigeonhole are broke like u jokers.coming here just to work in hair salons and drive grab and leech on us......and then buy hdb in woodlands or tampines and squeeze with us.

 

[whoami]

Thought HDB flat must be owner occupied, cannot suka suka rent our whole unit. How does your friend do it?

He rented out 2 rooms. Cos still within MOP. Bought 3 yrs ago. So two yrs later he may rent our whole hse.

Ustand sinkies single can only purchase 2 rm flat direct fm HDB. Not allow to pur 3rms n above. If wish to then sinkie single have to pur fm secondary mkt. I also ustand tat SPR can purchase HDB flats n allow to rent out rooms for passive income! Damn!

 

[ToaPehGong]

12 years ago 600k buy this unit also people say siao liao

 

[eatshitndie]

Some parts of Bedok is very shitty and neglected

like bedok85.

 

[Narong Wongwan]

like bedok85.

But the collective hawker food available there is very good

 

[eatshitndie]

But the collective hawker food available there is very good

i like bbq wings and stingray over there. very smoky place.