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HDB should hasten building of flats during recession

makapaaa

makapaaa

Alfrescian (Inf)
Asset
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>HDB should hasten building of flats during recession
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"--><DIV class=story_text><!-- more than 4 paragraphs -->DURING the current economic downturn, many private sector developers are holding back on launching new properties.
Building contractors are also affected as they depend on developers' projects. If they do not have enough projects, they have to retrench workers and this adds to the unemployment rate.
Unlike private developers, the Housing Board already has buyers waiting for their flats to be completed. Normally, buyers would have to wait about four to five years to obtain the keys to their new flats.
Now that building materials are cheaper, the HDB should expedite the development of flats to reduce the waiting time of buyers. At the same time, it will be creating more business in the construction industry and providing jobs for the unemployed.
Michael Yeo
<!-- end of for each --><!-- Current Ratings : start --><!-- Current Ratings : end --><!-- vbbintegration : start --><DIV class=vclear><!---vbbTime (Thread ID: 18810) - Start : Tue, 14 Apr 2009 06:31:57:626---><SCRIPT language=javascript>function readCookieVbb() { var errorString = getURLParam("error"); user=getCookie("HTTP_user_id") luser="" if (user!=null) { luser=user.toLowerCase() if (luser == "anonymous" || luser == "anonymous|anonymous") { window.location= p_logoutLink; } } if(user != null && user !=0 && luser!=null && luser != "anonymous" && luser != "anonymous|anonymous") { document.writeln("<table border='0' width='100%' cellspacing='0' id='story_comments' style='display:none'>") document.writeln("<tr id='comments_body' style='display:none'><td colspan='2'>") document.writeln("<table border='0' width='100%' cellspacing='0'>") document.writeln(" <tr ><td class='heading'>Latest comments</td></tr>") document.writeln(" <tr><td id='messageDisplayRegion' width='100%'></td></tr>") document.writeln(" <tr><td align='right'>&raquo; Offensive? Unsuitable? Report comment
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</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: boardRoom at Tue Apr 14 09:29:38 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
 
takcheksian

takcheksian

Alfrescian
Loyal
Michael Yeo, you siao is it?

Since when PAP lower prices? Ask PAP to lower price, is like tell them to lower their salaries. It takes a lot of political pressure for them to lower salaries by a teeny weeny bit. They build cheaper HDB for you for F?

Not as if HDB peasants will ever vote out their masters... the 66.6% love PAP too much.

makapaaa said:
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>HDB should hasten building of flats during recession
</TR><!-- headline one : end --><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"--><DIV class=story_text><!-- more than 4 paragraphs -->DURING the current economic downturn, many private sector developers are holding back on launching new properties.
Building contractors are also affected as they depend on developers' projects. If they do not have enough projects, they have to retrench workers and this adds to the unemployment rate.
Unlike private developers, the Housing Board already has buyers waiting for their flats to be completed. Normally, buyers would have to wait about four to five years to obtain the keys to their new flats.
Now that building materials are cheaper, the HDB should expedite the development of flats to reduce the waiting time of buyers. At the same time, it will be creating more business in the construction industry and providing jobs for the unemployed.
Michael Yeo
<!-- end of for each --><!-- Current Ratings : start --><!-- Current Ratings : end --><!-- vbbintegration : start --><DIV class=vclear><!---vbbTime (Thread ID: 18810) - Start : Tue, 14 Apr 2009 06:31:57:626---><SCRIPT language=javascript>function readCookieVbb() { var errorString = getURLParam("error"); user=getCookie("HTTP_user_id") luser="" if (user!=null) { luser=user.toLowerCase() if (luser == "anonymous" || luser == "anonymous|anonymous") { window.location= p_logoutLink; } } if(user != null && user !=0 && luser!=null && luser != "anonymous" && luser != "anonymous|anonymous") { document.writeln("<table border='0' width='100%' cellspacing='0' id='story_comments' style='display:none'>") document.writeln("<tr id='comments_body' style='display:none'><td colspan='2'>") document.writeln("<table border='0' width='100%' cellspacing='0'>") document.writeln(" <tr ><td class='heading'>Latest comments</td></tr>") document.writeln(" <tr><td id='messageDisplayRegion' width='100%'></td></tr>") document.writeln(" <tr><td align='right'>&raquo; Offensive? Unsuitable? Report comment
</td></tr>") document.writeln("</table>") document.writeln("</td></tr>") document.writeln("<tr><td width='100%' colspan='2'>Leave a comment
</td></tr>") document.writeln("<tr><td><textarea rows='4' cols='45' name='replyMessage' id='replyMessage'></textarea></td>") document.writeln("<td align='right' valign='bottom'></td></tr>") if(user ==0) { // do nothing } else { document.writeln("<tr><td colspan='2' class='details'>Logged in as") document.writeln(user) document.writeln("</td></tr>") } document.writeln("<tr><td colspan='2' class='georgia11 darkblue'>Warning: Any user who posts offensive or irrelevant comments will be banned from this Discussion Board.</td></tr>") document.writeln("<tr><td colspan='2' id='viewAllPostsRegion' align='right'></td></tr>") document.writeln("</table>") } else { document.writeln("<table border='0' width='100%' cellspacing='0' id='story_comments' style='display:none'>") document.writeln("<tr id='comments_body' style='display:none'><td>") document.writeln("<table border='0' width='100%' cellspacing='0'>") document.writeln(" <tr ><td class='heading'>Latest comments</td></tr>") document.writeln(" <tr><td id='messageDisplayRegion' width='100%'></td></tr>") document.writeln("</table>") document.writeln("</td></tr>") document.writeln("<tr><td>") document.writeln("<table border='0' align='center' width='460' cellspacing='0'>") document.writeln("<tr><td colspan='2' class='georgia11 darkblue'>Warning: Any user who posts offensive or irrelevant comments will be banned from this Discussion Board.</td></tr>") document.writeln("</table>") document.writeln("</td></tr>") document.writeln("<tr><td colspan='2' id='viewAllPostsRegion' align='right'></td></tr>") document.writeln("</table>") document.writeln("<table border='0' width='100%' cellspacing='0'>") document.writeln(" <tr><td align='right'>&raquo; Post comments here</td></tr>") document.writeln("</table>") }}</SCRIPT><STYLE> .Post { font-family:Georgia, "Times New Roman", Times, serif; padding:0; margin:0; font-size:11px; } .AlternatePost{ font-family:Georgia, "Times New Roman", Times, serif; padding:0; margin:0; font-size:11px; } ThreadDisplayPanel { border: 1px Solid #000; width: 600px; } .gwt-Label{ font-weight: bold; } #story_comments {padding:15px;} .heading {border-top:3px double #007BFF;border-bottom:1px solid #777777; font-weight:bold; font-size:14px;padding:5px 5px; margin-top:10px;} .details {border-bottom:1px solid #007BFF; padding:5px 5px 5px 0px; font-family:Verdana, Arial, Helvetica, sans-serif; font-size:11px; color:#777777;} .more{padding:5px 5px; text-align:right;font-size:11px;font-weight: bold;}</STYLE><META content=/vbbStory/com.mavenlab.sph.vbintegration.vBIntegration3 name=gwt:module><SCRIPT language=javascript src="/STI/STIMEDIA/style/gwt.js"></SCRIPT><TABLE cellSpacing=0 width="100%" border=0><TBODY><TR><TD><SCRIPT language=javascript> readCookieVbb()</SCRIPT><TABLE id=story_comments cellSpacing=0 width="100%" border=0><TBODY><TR id=comments_body><TD colSpan=2><TABLE cellSpacing=0 width="100%" border=0><TBODY><TR><TD class=heading>Latest comments</TD></TR><TR><TD id=messageDisplayRegion width="100%"><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE style="WIDTH: 100%" cellSpacing=2 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left><TABLE class=Post style="WIDTH: 100%" cellSpacing=0 cellPadding=0><TBODY><TR><TD style="VERTICAL-ALIGN: top" align=left>why hasten? We must control supply. We were so sucessfully a short while before. When property were at the peak, we roll out designed to built flat. Sell at near condo price, still got idiots go and buy. Now the property drop, these ppl are tie to high loan for 3/4 of their life. Heee Heee ... congrats for owning your dream home. HDB at condo price !
</TD></TR><TR><TD style="VERTICAL-ALIGN: top" align=left>Posted by: boardRoom at Tue Apr 14 09:29:38 SGT 2009
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Click to expand...
 
makapaaa

makapaaa

Alfrescian (Inf)
Asset
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Strong demand for new HDB flat offer
</TR><!-- headline one : end --><TR>2,652 applications seen yesterday for 438 units in various estates

=> Or purposely squeeze supply?

</TR><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Joyce Teo
</TD></TR><!-- show image if available --></TBODY></TABLE>




<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->DEMAND was strong on day one of the Housing Board's latest sale of new flats - with more than five applicants for every flat on offer.
The HDB yesterday launched 438 new flats for its April half-yearly sale. By 5pm, a total of 2,652 applications had been received.
These flats are located in 23 HDB towns and estates islandwide, such as Sengkang, Yishun and Jurong West.
Most of the flats offered - 313 units - are four-room units.
There are 80 five-room units, 35 executive flats and just 10 units of three-room premium flats.
The greatest concentration of the new flats on offer is in Sengkang, Yishun and Jurong West, with 85, 61, and 46 units respectively.
The other towns, such as Punggol, Tampines and Woodlands, have about 30 units or fewer each to offer.
Some popular HDB towns such as Ang Mo Kio, Jurong East and Queenstown have just three units for sale.
Prices start from $143,000 for a 93sqm, four-room unit in Marsiling Rise, Woodlands.
In Sengkang, the 77 four-room flats on offer are going for $183,000 to $288,000 each.
But in the estate of Bukit Merah, four-room flats being offered at Telok Blangah Street 31 are in a much higher price bracket of $400,000 to $468,000 each.
As these are new flats, only households with gross monthly incomes of not more than $8,000 can apply.
Interested buyers can apply online from today until next Monday, said the HDB.
Balloting results will be released from May 13 at 2pm.
PropNex chief executive Mohd Ismail said: 'I would expect demand to be extremely strong because, at the moment, new flat buyers have no choice but to go for the build-to-order or DBSS (design, build and sell scheme) flats.'
Most of the flats offered in the half-yearly sale have been completed, which means buyers can move in quickly.
Also, some of the flats are in mature estates, which are hard to find, he added.
Mr Ismail said some of the new flats on offer are priced about 20 per cent below resale prices.
HDB resale prices have started to fall, albeit slightly.
The previous half-yearly sale was launched in October last year, when HDB offered 683 new flats.
That particular sale saw more than 7,000 applications in the first couple of days. [email protected]
 
M

mscitw

Alfrescian
Loyal
Peasant Yeo is a nimp-cum-poop. Property prices are plunging and Housing Mafia will miss a chance to max their profits if they sell pigeonholes now.

Peasant Yeo's latest silly exhortation give the Yeos a bad name, previously Kitchen Help Tan gave e Tans a bad name, Peasant Yeo wants to outdo Kitchen Help Tan with his silly post.
 
B

banova888

Alfrescian
Loyal
takcheksian said:
Michael Yeo, you siao is it?

Since when PAP lower prices? Ask PAP to lower price, is like tell them to lower their salaries. It takes a lot of political pressure for them to lower salaries by a teeny weeny bit. They build cheaper HDB for you for F?

Not as if HDB peasants will ever vote out their masters... the 66.6% love PAP too much.
Click to expand...

If HDB were to lower their flats by a dollar, there will be a long queue as these are heavily subsidized public housing :eek:
 
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