HARD TRUTHS NEWS #001 - RAISING HDB RENTALs FOR FTs (Higher Cost of Entry)

[cunnosieur]

Dear fellow Sporeans

6.9 mil?

Sick and tired of FTs low-balling our wages? Employers exploiting Sporeans by getting EPs, SPs becos they are so callled "cheaper, better, faster"?

Dont lament......here is something that we can do...it is to raise the cost of entry for foreigners....

Pls collectively raise the HDB and private rentals for foreigners....that case, factoring the housing costs (like we do), they wont dare to low-ball wages. KNN, see how they can survive on asking for sgd 2k salary.

1 room at Hotel 81 costs SGD 100+ per night....a family of 4 Indians, Pinoys will need 2 rooms which costs SGD 6000 a month.

I am raising my HDB flat rental....have you?
http://www.h88.com.sg/ads/hdb/

Pls spread the words. Sharpen your knives....

Thank you.

 

[chonburifc]

Don't worry. I already did that years ago.

 

[cunnosieur]

Well, in the absence of a min wage for S'poreans, and advocation of a CBF (cheaper better faster) model of mass foreign labour import by the Govt, this is what fellow S'poreans can do.

Wages = Pay for essentials like: 1) housing, 2) food, 3) education, 4) transport, 5) luxury items (MIWs only)

All things being equal, an increase in item 1 will skew the equation in favour for employing S'poreans.

I am sure Vivian will tell the FTs that if S'poreans can survive on sgd 5 a day, so can FTs. If not, Swee Say will agree, and say sgd3 a day (cheaper, better, faster).

Pls spread the words to S'porean landlords. Increase HDB and Private rental rates for FTs.

 

[cunnosieur]

http://www.mom.gov.sg/foreign-manpo...ment-pass/before-you-apply/Pages/default.aspx

P1 Employment Pass •Fixed monthly salary = $8,000
•Possesses acceptable qualifications

P2 Employment Pass •Fixed monthly salary = $4,500
•Possesses acceptable qualifications

Q1 Employment Pass •Young graduates from good institutions could qualify if they earn at least $3,000
•Older applicants would have to command higher salaries to qualify, commensurate with the work experience and quality they are expected to bring

Pls spread the words to S'porean landlords. Increase HDB and Private rental rates for FTs.

 

[cunnosieur]

Pls spread the words to S'porean landlords for collective action. Increase HDB and Private rental rates for FTs.

Do not let the EP and SP scheme depress our wages.

Save the jobs for us and our children.

 

[winnipegjets]

Pls spread the words to S'porean landlords for collective action. Increase HDB and Private rental rates for FTs.

Do not let the EP and SP scheme depress our wages.

Save the jobs for us and our children.

Sinkees will need help to know how much to charge. Sadly.

 

[cunnosieur]

eg: Hotel 81 - 1 bedroom + 1 toilet for 2 pax = sgd 100+ per night x 30 days = sgd 3000 per mth
https://www.thebookingbutton.com.au/properties/hotel81direct

FTs, Indian, Pinoys, PRCs can rent HDB 1 bedroom + 1 toilet for 2 pax = sgd 90+ per night x 30 days = sgd 2700 per mth.

Say, for 4 pax Indian FT couple with 2 dependent pass kids, will need one 3 room HDB whole unit.

HDB 2 bedroom + 2 toilet for 2 pax = sgd 90+ per night x 30 days x 2 = sgd 5400 per mth,

Plus discounted use of hall and kitchen at sgd 20 per day x 30 days = another sgd 600 per mth.

Therefore, all in rental price for HDB 3 room whole unit should be sgd 6000 per mth (with discount somemore).



* Note: LKY once said, "the HDB flat is your greatest asset....."

Pls spread the words to S'porean landlords for collective action to increase HDB and Private rental rates for FTs.

Do not let the EP and SP scheme depress our wages by letting FTs and employers lowballing our pay and without bearing the cost of living in S'pore.

===========
If you factor in higher housing costs for FTs, the equation changes.

FT Wages (higher)= Pay for essentials like: 1) housing (higher), 2) food (equal), 3) education(marginally equal), 4) transport (equal), 5) luxury items (MIWs only)

All things being equal, an increase in item 1 will skew the equation in favour for employing S'poreans.

Assuming 2 FT Indian couple working to pay the sgd 6000 housing costs of living in HDB in Spore, it will be sgd 3000 each.

Therefore,

Q1 FT will need to ask for at least sgd 5000 in wages.

P2 FT will need to ask for at least sgd 7500 in wages.

P1 FT will need to ask for at least sgd 11000 in wages.

Let Khaw build all the HDB flats he wants in remote Sengkang and ulu Sembawang for the FTs. Meantime, S'poreans should make use of the opportunity during the time lapse to make money from FTs and raise the bar by making their opportunity cost of entry to be higher.

Save the jobs for us and our children.

 

[cunnosieur]

Is your HDB flat worst than Hotel 81 rooms?

THEN, WHY ARE S'POREANS RENTING HDB and CONDOS OUT SO CHEAPLY? If FTs complain, GOVT has no control over HDB rental rates. If FTs bargain, CAN TELL THEM TO STAY IN HOTEL 81 with crooks, prostitues, etc.

Pls spread the words to S'porean landlords for collective action to increase HDB and Private rental rates for FTs.

 

[cunnosieur]

WOW...Indians, Pinoys and PRCs are so rich....

Sharpen your knives fellow S'poreans....

<iframe width="640" height="360" src="http://www.youtube.com/embed/NsuFgYeydMg?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>

 

[cunnosieur]

Bumping up the thread.

Is your HDB flat worst than Hotel 81 rooms?

THEN, WHY ARE S'POREANS RENTING HDB and CONDOS OUT SO CHEAPLY? If FTs complain, GOVT has no control over HDB rental rates. If FTs bargain, CAN TELL THEM TO STAY IN HOTEL 81 with crooks, prostitues, etc.

Pls spread the words to S'porean landlords for collective action to increase HDB and Private rental rates for FTs.

Save the jobs for us and our children.

 

[cunnosieur]

Deputy Prime Minister and Manpower Minister, Tharman Shanmugaratnam, also assured businesses that the move is "not dramatic", and would translate to a 1-2 per cent increase in their remuneration bill, as the measures are phased in.

The announcement comes in the wake of the PM Lee Hsien Loong's National Day Rally speech where he spoke of the need to protect Singaporean workers, especially at the lower end of the job spectrum.

At the same time, Mr Lee also touched on the requirements of the small and medium enterprises (SMEs) who often need foreign workers the most.

The demand for Employment Passes has increased rapidly since the economic recovery in 2010.

From June 2010 to June 2011, the numbers doubled from 14 to 28 per cent.

At the end of last year, there were nearly 142,000 Employment Pass holders.

So the MOM is tightening eligibility requirements for those entering the lower and mid-level professional and skilled jobs.

Mr Tharman said: "If we don't make adjustments like this from time to time, what will be happening is we are opening up a wider gulf between Employment Pass holders' salaries and local salaries, and that is not good for an efficient labour market.

"There is no perfect time to implement measures for the long term. We have to move ahead now, reinforce the measures we have already taken and make sure we are not leaving big gaps in place."

So from January next year, educational qualifying requirements for Q1 Pass applicants will be tightened.

The ministry will also move away from the single qualifying salary of $2,800.

Applicants must now earn at least $3,000, with the ministry assessing qualification and experience.

Older applicants must command higher salaries and have commensurate experience and quality.

For P2 Pass holders, the qualifying salary will be $4,500, up from the current $4,000.

There will be no change in the qualifying salary for P1 Pass holders, which will remain as $8,000.

Mr Tharman said: "The policy shift really has to do with the older Employment Pass holders, those who are beyond their late 20s and early 30s, where if they are all going to be paid the same amount as the starting salaries, then we have a problem, because you get a wider and wider gap between the salaries of locals, whose salaries do move up as they gain experience and skills and track record, and the Employment Pass holders.

"That's where we are tightening up. Most Employment Pass holders will be able to fit in the new framework."

The new criteria will also affect existing Employment Pass holders. The MOM said it will phase in the new criteria for them over the next one to two years.

Those whose EPs expire before 1 January 2012 will receive a one-time renewal of up to two years, based on the criteria before July this year.

If their Employment Pass expires between 1 January 2012 and 30 June 2012, they will get a one-time renewal of up to a year, while those whose Employment Pass expire on or after 1 July 2012 will be subject to the new Employment Pass criteria.

Mr Tharman said: "At the end of the day, it is not going to mean a cutback in the overall size of the EP pass pool. It is not going to mean zero growth either. It will mean continued growth because the growing economy needs a growth in Employment Pass holders, but it will be slower growth than what we have seen.

"Make no mistake about it, we got to keep attracting bright, capable people into Singapore, young and middle aged, and the steps we are taking here are not going to impact our ability to attract good young people."

The Singapore National Employers Federation (SNEF) said it is reassured by the government's emphasis that Singaporeans should remain at the core of a diverse and globally competitive workforce.

Foreign workers make up one-third of Singapore's total workforce.

Say No to GDP Growth Model
Say No to 6.9 mil
Save the jobs for us and our chidlren

 

[cunnosieur]

Raising the cost of entry for foreigners by raising rentals is one way we can beat the Govt 6.9 mil population strategy.

Pls spread the words to S'porean landlords for collective action to increase HDB and Private rental rates for FTs.

I am raising my HDB flat rental....have you?
http://www.h88.com.sg/ads/hdb/

 

[cunnosieur]

eg: Hotel 81 - 1 bedroom + 1 toilet for 2 pax = sgd 100+ per night x 30 days = sgd 3000 per mth
https://www.thebookingbutton.com.au/.../hotel81direct

FTs, Indian, Pinoys, PRCs can rent HDB 1 bedroom + 1 toilet for 2 pax = sgd 90+ per night x 30 days = sgd 2700 per mth.

Say, for 4 pax Indian FT couple with 2 dependent pass kids, will need one 3 room HDB whole unit.

HDB 2 bedroom + 2 toilet for 2 pax = sgd 90+ per night x 30 days x 2 = sgd 5400 per mth,

Plus discounted use of hall and kitchen at sgd 20 per day x 30 days = another sgd 600 per mth.

Therefore, all in rental price for HDB 3 room whole unit should be sgd 6000 per mth (with discount somemore).


6.9 mil....HUAT AH!

 

[da dick]

http://www.mom.gov.sg/foreign-manpo...ment-pass/before-you-apply/Pages/default.aspx

P1 Employment Pass •Fixed monthly salary = $8,000
•Possesses acceptable qualifications

P2 Employment Pass •Fixed monthly salary = $4,500
•Possesses acceptable qualifications

Q1 Employment Pass •Young graduates from good institutions could qualify if they earn at least $3,000
•Older applicants would have to command higher salaries to qualify, commensurate with the work experience and quality they are expected to bring

Pls spread the words to S'porean landlords. Increase HDB and Private rental rates for FTs.

pls leh higher rents from HDB owners and condo owner just give property developers and HDB themselves an excuse to raise their prices too. it's a vicious cycle and cause the propertybubble to pop even faster.

this problem requires severe poltical change and economical restructuring. not that simple. but go ahead, make more money before we crush just like USA USA or japanese or europoor market.

 

[cunnosieur]

No worries...$8 Khaw is stuck and committed with GE promise to build more flats and making them cheap...

Meantime we have 2 yrs before the TOP of those flats enmasse.

If dont potong kapala now, wait till when...6.9 mil is a reality GOVT wants...we cant change that.

BUT

We can make $8 Khaw and 6.9mil Loong and Tharman not only take off shirts but take off pants too if we collectively raise the cost of entry for foreigners by raising the rentals.

Say No to GDP Growth Model and Ministers Pay
Say No to 6.9 mil
Save the jobs for us and our chidlren

 

[cunnosieur]

Bump up the thread...

6.9 mil Huat ah!

 

[rushifa666]

most cheapskate will still charge lowest guaranteed.

 

[I_Hate_Pappies]

Make a formal complaint to the relevant authority whenever you see many tenants in a rental unit. More often than not, they are do subletting without the permission of the landlord.