Khaw said 70-years old HDB can appreciate in value!

[zhihau]

GPGT!!!

 

[JohnTan]

GPGT!!!

View attachment 46961

Khaw is right!

If you rented a HDB flat, rent would cost you about $2000 a month. That would mean you have to pay $24000 a year. Over 10 years, rent would set you back $240,000.

So a flat with 30 years left on its lease could save you easily $500,000 in rental, as compared to long term renting.

 

[zhihau]

Khaw is right!

If you rented a HDB flat, rent would cost you about $2000 a month. That would mean you have to pay $24000 a year. Over 10 years, rent would set you back $240,000.

So a flat with 30 years left on its lease could save you easily $500,000 in rental, as compared to long term renting.

rentals are SUNK COSTS! only folks with convoluted minds would equate sunk costs with appreciation in value.

 

[eatshitndie]

it's like viagra. at 69 can still get a (chemical) rise.

 

[zhihau]

it's like viagra. at 69 can still get a (chemical) rise.

With tantric sex, it's au naturel! Tantric sex is the bestest!

 

[Hypocrite-The]

GPGT!!!

View attachment 46961

Anyone who listens to Mad Khaw should join him in the asylum

 

[Leongsam]

rentals are SUNK COSTS! only folks with convoluted minds would equate sunk costs with appreciation in value.

Renting can free up money for other higher yielding investments. It is an excellent option for those who disciplined in their spending.

 

[JohnTan]

rentals are SUNK COSTS! only folks with convoluted minds would equate sunk costs with appreciation in value.

Sunk costs or not, rent is is something you have to pay. It's not an option. You would have paid easily $750,000 in rentals over 30 years. Cheaper to just buy a 30 year lease flat for $400,000. But PAP is good. PAP lets you have a 99 year lease flat for $400,000.

 

[Leongsam]

Sunk costs or not, rent is is something you have to pay. It's not an option. You would have paid easily $750,000 in rentals over 30 years. Cheaper to just buy a 30 year lease flat for $400,000. But PAP is good. PAP lets you have a 99 year lease flat for $400,000.

Good morning John thank goodness you are here because you are one of the few who can appreciate just how good the PAP is when it comes to formulating policy and running the country.

 

[zhihau]

It is an excellent option for those who disciplined in their spending.

Sinkies are known to spend beyond their means, look at those over the top renovations done in their pigeon holes.

 

[zhihau]

PAP lets you have a 99 year lease flat for $400,000.

when the land belongs to the State and the white bastards conveniently puts a price tag on it.

 

[Leongsam]

Sinkies are known to spend beyond their means, look at those over the top renovations done in their pigeon holes.

That is what causes them to lose money. You cannot blame the PAP for that.

 

[zhihau]

That is what causes them to lose money. You cannot blame the PAP for that.

inclusive of the Lehman bonds bought using sinking funds?

 

[JohnTan]

when the land belongs to the State and the white bastards conveniently puts a price tag on it.

Whether the land belongs to the state or a human landlord, you still have to pay some form of rent.

If you buy from HDB, you pay $2000 a month towards a $400,000 mortgage that is good for 99 years.

If you rent from a landlord like myself, you pay $2000 a month a year for two years. If you rent from me for 10 years, you will be paying me $240,000 and at the end of 10 years, you fuck off with no share of the property.

PAP is giving you a better deal than I would, even for a 30 year lease flat.

 

[Leongsam]

when the land belongs to the State and the white bastards conveniently puts a price tag on it.

You expect things to be FREE???

 

[3_M]

Very unlikely to have a positive impact as the market is now overwhelming wary of houses that got very short lease period left. Since upgrading won't do anything to extend the lease period, it will unlikely make the flats more marketable.

The only factor that will boost the price of older flats is enbloc

 

[JohnTan]

inclusive of the Lehman bonds bought using sinking funds?

In investments, you win some, you lose some.

PAP has won way more than it has lost. How else are both our sovereign funds doing well in spite of the publicized losses in some investments?

 

[JohnTan]

Sinkies are known to spend beyond their means, look at those over the top renovations done in their pigeon holes.

Still a lot cheaper than renting for perpetuity like most Germans do. In recent years, the government had repurchased mortgages and turned out ethnic Germans in to the streets to house immigrants. PAP has never done anything remotely like that to sinkies, thanks to HDB.

You should get on your knees and suck PAP's cock for giving you ownership of your HDB flat.

https://www.telegraph.co.uk/news/wo...d-from-her-home-to-make-way-for-refugees.html

 

[Kopi0Kosong]

A country belongs to who?
The land belongs to who?
Why does a ruling government need to use an agency to sell state land? To cover its gambling hole? To appear presentable to account to the PEOPLE?
State land is for the citizens? Did the citizens ask for free land? Administer and govern judiciously, but be fair to the citizens.
Why are the benefits going more to a selected few and not to the citizens? Yes? Gold to personal and peanuts to public?
公私兼顾
公私分明

The citizens appreciate the use of state land. The families appreciate the quality public housing flats. The people appreciate the conducive environment within and without the house. The people appreciate the ongoing maintenance and upkeep. Is there a need to equate everything to money? Is there the need to aggrandize one's effort or work done? Praise, like respect, should be earned and not demanded. Misinform, misuse and abuse to achieve one's end is unbecoming. Cheating, lying and unscrupulous manipulating can never be forgiven. Never! Providing the people with a good public transport system is truly appreciated by the people. What went wrong along the way? Money? Making money? Selling commercial spaces rather focussing on public transportation!!

Making MONEY to account for one's demand to be the world's BEST-PAID?
MONEY IS THE ROOT OF ALL EVILS.
This is present day Singapore. Sad but true.

Time to reflect; time to awaken.
Use the eyes to SEE, the brain to THINK, and the heart to FEEL.
If YOU don't, OTHERS will.

 

[Kopi0Kosong]

Still a lot cheaper...
You should get on your knees and suck PAP's cock for giving you ownership of your HDB flat.

You are truLEE a good representation of the arrogant, complacent and incompetent LEEders of today's PAP.
It's a blessing. Appreciate and enjoy. Cheers.