Serious HDB Slavery - Not even near 99 Years Demolished for Redevelopment

[syed putra]

Its a good deal as you get another 99 years to live in.

 

[eatshitndie]

I'm local and i know it all...... after 5 years you sell you make money right ? m&ds have been doing it all the time buy sell buy sell ! lol........ What toking you !

that‘s different from sers lah. of course you can cash out in private sale after 5 years but where are you going to live next? over valued condo at $1.69m or resale hdb flat at $696k? still have to pay top dollar right for the apartment you want?

 

[Hypocrite-The]

https://mothership.sg/2022/04/sers-ang-mo-kio/

 

[JohnTan]

that‘s different from sers lah. of course you can cash out in private sale after 5 years but where are you going to live next? over valued condo at $1.69m or resale hdb flat at $696k? still have to pay top dollar right for the apartment you want?

Use some of the profits to put down a downpayment for a better unit. 5 years later, sell. Repeat.

You don't understand? No wonder daft people like you don't make money in the property market.

 

[Filloz]

If you put up some resistance, give reasons, you can get a better payout for SERS.
Got budget to let you bargain.

 

[eatshitndie]

Use some of the profits to put down a downpayment for a better unit. 5 years later, sell. Repeat.

You don't understand? No wonder daft people like you don't make money in the property market.

there’s a value ceiling with hdb flats. how many 99-year flats (out of tens of thousands) are sold for over $1m? can’t keep repeating every 5 years when there’s a value ceiling, one starts to age, and time keeps moving. the biggest bang for the buck in sg real estate is still freehold landed property like a gcb.

 

[JohnTan]

there’s a value ceiling with hdb flats.

The ceiling value has been going up over the past 50 years.

how many 99-year flats (out of tens of thousands) are sold for over $1m?

That number is increasing every year. Your sarcasm makes you look dumb when you don't check your figures before making sarcastic remarks.

can’t keep repeating every 5 years when there’s a value ceiling, one starts to age, and time keeps moving. the biggest bang for the buck in sg real estate is still freehold landed property like a gcb.

Again, the value ceiling has been going up for the past 50 years. You're welcome to check out the private and hdb property index.

 

[eatshitndie]

The ceiling value has been going up over the past 50 years.



That number is increasing every year. Your sarcasm makes you look dumb when you don't check your figures before making sarcastic remarks.



Again, the value ceiling has been going up for the past 50 years. You're welcome to check out the private and hdb property index.

will it be $2m next year? why dabble in low ses hdb when you can make 6.9 times more with high ses gcb? hdb is incremental while gcb is sexponential. chey. thought you’re a high ses sinkie. you’re a low ses sinkie afterall.

 

[JohnTan]

will it be $2m next year?

I think it'll be $1.5M.

The current record is $1.36M, for a DBSS unit in Bishan.

 

[eatshitndie]

I think it'll be $1.5M.

The current record is $1.36M, for a DBSS unit in Bishan.

how many out of tens of thousands are dbss in a desirable location? thought you dabble in high ses gcb and not low ses hdb? what happened? high ses becum low ses from food poisoning in your catering biz?

 

[zhihau]

will it be $2m next year?

If the MIW goes with Liu Thai Ker’s 10 million folks in 2023, maybe

 

[eatshitndie]

If the MIW goes with Liu Thai Ker’s 10 million folks in 2023, maybe

or if sg offers pr to all 6.9m hongkies. foreigners still have to pay 30% absd. pr only 5% for 1st residence.

 

[JohnTan]

how many out of tens of thousands are dbss in a desirable location? thought you dabble in high ses gcb and not low ses hdb? what happened? high ses becum low ses from food poisoning in your catering biz?

For years, my wife and I made money selling and flipping HDB flats and condos. It's a good way to make money and most sinkies should take advantage of it.

 

[eatshitndie]

For years, my wife and I made money selling and flipping HDB flats and condos. It's a good way to make money and most sinkies should take advantage of it.

ok, now that you admit you’re low ses i can understand why you’re not in the same league as i’m in.

 

[JohnTan]

ok, now that you admit you’re low ses i can understand why you’re not in the same league as i’m in.

I admit I made money from the property market while you're a whiner about skyrocketing HDB prices. It's obvious that you're not in my league.

 

[sweetiepie]

I admit I made money from the property market while you're a whiner about skyrocketing HDB prices. It's obvious that you're not in my league.

Imuho flipping hdb property onlee can work when we keep downsizing. My uncle flipped twice so far and accumulated $1.69mil cash in wealth and if he were to do for the 3rd time he can onlee left with 1 room

 

[eatshitndie]

I admit I made money from the property market while you're a whiner about skyrocketing HDB prices. It's obvious that you're not in my league.

i never dabble in hdb. don’t qualify in the 1st place. it’s meant for coolies and peasants.

 

[JohnTan]

i never dabble in hdb. don’t qualify in the 1st place. it’s meant for coolies and peasants.

I dabbled in HDB. Wasn't born in a rich family. Moved up the ladder thanks to the meritocratic environment provided by the PAP.

 

[eatshitndie]

I dabbled in HDB. Wasn't born in a rich family. Moved up the ladder thanks to the meritocratic environment provided by the PAP.

pap is da best! huat ah!

 

[Papsmearer]

My question is...will singkies flat owners be better off financially with or without SERs?

SERS is a curse. If there is a rumour your block will undergo SERS, you better sell right away. Now.