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Chitchat PAP New Cooling Measures To Reduce Demand For Million Dollar HDB Flats!
- Thread starter JohnTan
- Start date
Housing Board flats, which are subsidised by the Govt, are community properties sold under lease agreements that contain an assortment of rights that fall short of full ownership. This legal void leaves residents of HDB units with a great deal of limitations over their rights. Buyers who pay over $1 million for the remaining years on a flat on the resale market have purchased a ticking time bomb that will eventually revert to the HDB with no compensation for the owner. Such buyers are doing a huge disservice to their children.
PAP and their hypocrisy.
They jack up BTO prices, then claim to put in measures to lower prices. Talk about speaking out of both ends!
They jack up BTO prices, then claim to put in measures to lower prices. Talk about speaking out of both ends!
fuck pap and their rental economy.......
hdb should only be for people born in spore....period
hdb should only be for people born in spore....period
Lol,even a couple.one is citizen n the other PR ,they still buy new hdb, or resale still drives up,n 2 PR couple can also buy resale,this is a stupid idea,lol,if they really.keen ask them to change policies ,Either one or both PR cannot buy hdb,n single PR no matter wat age cannot buy hdb,knn ask them implement this sure help
People who paid a million or more for HDB probably came from selling their landed property. They wanted no less comfort after moving from land to pigeon hole, thus willing to invest in comfort, space and good views.
As for PR, many foreigners are wealthier than sinkies because their own government gave them plenty of opportuntity to thrive and earn big money in their vast country, thus they used Singapore as their 2nd home and paying a million dollar for pigeon hole is almost next to nothing to them.
The impact of lowering the LTV limit will not affect first time buyers, because they can use the increase grant to cover the shortfall of 5% upfront cash.
This PAP trick is so true.
Raise the price and then provide a subsidy.
Hee Hee.
.
Stupid Sinkies.
Hardlanders is.....没办法的
I still don’t understand why one is still allowed to borrow up to 75% of the value of the property.
A fair percentage would be 50%.
A fair percentage would be 50%.
Just like FairPrice, they call themselves that, but as to whether it’s really fair and to who, it’s debatable.
becos the average Sinkie is a pauper who can only afford a PMA or PMD. You will create a community of vagrants if you make things untenable. Already so many are living on credit to buy furniture etc. many more borrow from banks to renovate their huts. Don’t be fooled by the pictures of cosy scandi decor complete with a dog that ppl post on social media to show off. Many live in perpetual debt
I know the gig was up when i learnt in my youth days that people are going to banks to borrow considerable amounts of money for house renovations. I was like wtf… no money to buy, no money to even decor your place?
It’s really a case of 打肿脸皮 充胖子
The right hand put a dollar in your pocket to show they care for you, then their left hand take your ten dollars to show they care for themselves. Your $9 deficit they blame you for not working hard enough to recover. How do you explain their obscene salary and your poverty?
this whole fuvking island is a poverty trap, starting with the Swiss standard
It is good wealth generation souce
