HDB Resale Levy

[frenchbriefs]

5% sounds like normal loan rate.

thats like double CPF interest....compounded every year.....for 15 years.

 

[jw5]

My thought is it does not matter who you vote for previously or the last GE.

The question is either you pay up the 184k to be eligible to buy a new flat, which cost now at least 250k, or you go and buy a resale flat that cost 400k or rent a flat.

Anyway, where did you run to for the last 16 years..........

The Fugitive has been hiding in Sam's Alfresco Coffeeshop for the last 3 years.

 

[shittypore]

The Fugitive has been hiding in Sam's Alfresco Coffeeshop for the last 3 years.

If i was him i wud go into hiding again. Sell you at subsidised price than why do we hve to return to em the subsidy? Like tat is no more subsidized!

 

[ginfreely]

thats like double CPF interest....compounded every year.....for 15 years.

That's why i say it is normal loan rate, not much discount. Govt charge 5% and pay cpf only 2.5%. Earn big profit like banks. But I think nobody will actually pay this resale levy after compounded to so big amount.

 

[jw5]

If i was him i wud go into hiding again. Sell you at subsidised price than why do we hve to return to em the subsidy? Like tat is no more subsidized!

The Fugitive does not need to go into hiding again, he has been in hiding all this time.