One METRE of MCE costs $860k. Your HDB flat, priceless?

[Confuseous]

OK, you live in a 5 rm HDB flat. How much does it cost you when you bought it? At today’s price direct from the HDB it can vary from $300k to $600k depending on the location. One can get a resale unit in one in the urban area for just about this price.

In other words, the cost to build one meter of the expressway is equivalent to one to three HDB 5rm flats. I think this is the bigger marvel than the 420m stretch under the sea. It must be great value. Some experts reportedly said this price tag could well be justified. They are not sure, I think.

http://mysingaporenews.blogspot.sg/...ign=Feed:+MySingaporeNews+(My+Singapore+News)

 

[peppertail]

OK, you live in a 5 rm HDB flat. How much does it cost you when you bought it? At today’s price direct from the HDB it can vary from $300k to $600k depending on the location. One can get a resale unit in one in the urban area for just about this price.

In other words, the cost to build one meter of the expressway is equivalent to one to three HDB 5rm flats. I think this is the bigger marvel than the 420m stretch under the sea. It must be great value. Some experts reportedly said this price tag could well be justified. They are not sure, I think.

http://mysingaporenews.blogspot.sg/...ign=Feed:+MySingaporeNews+(My+Singapore+News)

I'm not quite sure what the point of this comparison is...

 

[enterprise2]

$4.3B!! That's a lot of tax payers monies!!

 

[zhihau]

I'm not quite sure what the point of this comparison is...

you're certainly very astute in your sense of observation. prices of property goes by per square feet. the author ought to compare apples with apples. how dare the author compare the measurements of a metre of the MCE versus a few thousand square feet!?

 

[zhihau]

$4.3B!! That's a lot of tax payers monies!!

the ERP will help recoup any losses, the MIW wouldn't hesitate to raise the GST if necessary

 

[winnipegjets]

I'm not quite sure what the point of this comparison is...

You are totally lost and beyond redemption. Please apply for rendition.

 

[Narong Wongwan]

There will not be such leegalised corruption if 60.1% sinkies grew a pair and voted in at least a 1/3 opposition.

 

[peppertail]

You are totally lost and beyond redemption. Please apply for rendition.

Lol, as usual nothing but hot air from you