How much is HDB profitting from resale levies ?

[Avantas]

Watch the video here:

http://wayangparty.com/2008/12/20/how-much-is-hdb-profitting-from-resale-levies/

According to the latest resale levy policy:

“As announced on 3 March 2006, the resale levy is now set at a fixed amount of between $15,000 and $50,000, based on the flat type of the 1st subsidised flat.”

HDB has already made a profit by selling Singaporeans flats at inflated prices. And now they even want to “profit” from the resale of the flats !

 

[Buckethead]

So long we are dealing with HDB flats, whether resale or new flats...they will want to earn something from us...


Adios...

 

[makapaaa]

Don't tell u! *hee*hee*​

 

[zhihau]

So long we are dealing with HDB flats, whether resale or new flats...they will want to earn something from us...


Adios...

then how?

 

[the_e_ones]

So long we are dealing with HDB flats, whether resale or new flats...they will want to earn something from us...


Adios...

This is one of the reason why i did not buy another HDB flat after selling my previous one...

 

[Whats4]

then how?

just wait for ur turn to be slaughtered unless u got other way out. :(