Property Agents: Mah Bow Tan is a liar!

[myfoot123]

Mah Bow Tan: “PRs are not eligible for buying new flats, even in the resale market, quite a lot of them actually rent. They are under-represented as far as purchases are concerned,” he said.


Shitty Times on 23.01.10 reported:-
Real estate agents: Cash-rich buyers - both locals and PRS - are driving the recent rally in HDB resale flat prices and the resulting high COV levels,. PRs are the only foreigners able to buy HDB flats.

Propnex agent Wilson low, 44 said PRs, mostly from China, Malaysia and indonesia, tend to favour central locations and are more serious buyers given their ugent need for housing.

ERA Asia Pacific associate director Eugene Lim added that resale market will continue to be driven by families namely 2nd time buyers and PRs for the near future.

 

[Cestbon]

Maybe HDB need to change/revised the rule.
eg. only can sell new flat after 7 year and PR can only buy flat after 5 year become PR. This will reduce resale flat demand and supply on the market.

 

[po2wq]

uh-oh! ... ah tan dunno wat's happening ... lost touch wif ground ...

 

[Brightkid]

MBT did not see it coming to hit him when he made that statement about PRs not driver of COV skyrocketing.

 

[garlic]

Maybe HDB need to change/revised the rule.
eg. only can sell new flat after 7 year and PR can only buy flat after 5 year become PR. This will reduce resale flat demand and supply on the market.

Why would they wanna do that? Totally no reasons to support this strategy.. the easier PRs can buy and faster they can buy.. more money to be made by pap

 

[halsey02]

MBT did not see it coming to hit him when he made that statement about PRs not driver of COV skyrocketing.

MBT did not know if it wa 2,000 & 10 was the world cup or twenty ten?, and when it came, he did not see it coming...

Same with his what he is paid for..he only knows when his salary is coming & like he U sing hokkien accent 'upturn the downturn' singer; knows how much CPF monies is coming...:o

 

[kiwibird7]

uh-oh! ... ah tan dunno wat's happening ... lost touch wif ground ...

MBT, the REJECTED and DEFEATED Election Candidate of Potong Pasir, was never in touch with the ground cos as an elite he is way up in the IVORY TOWER.

 

[Ramseth]

There're many PRs who co-own new flats by marriage to Singaporeans. There're also many who own new flats solely outright through divorce or being widowe(re)d.

Mah Bow Tan: “PRs are not eligible for buying new flats, even in the resale market, quite a lot of them actually rent. They are under-represented as far as purchases are concerned,” he said.


Shitty Times on 23.01.10 reported:-
Real estate agents: Cash-rich buyers - both locals and PRS - are driving the recent rally in HDB resale flat prices and the resulting high COV levels,. PRs are the only foreigners able to buy HDB flats.

Propnex agent Wilson low, 44 said PRs, mostly from China, Malaysia and indonesia, tend to favour central locations and are more serious buyers given their ugent need for housing.

ERA Asia Pacific associate director Eugene Lim added that resale market will continue to be driven by families namely 2nd time buyers and PRs for the near future.

 

[eErotica69]

Mah Bow Tan: “PRs are not eligible for buying new flats, even in the resale market, quite a lot of them actually rent. They are under-represented as far as purchases are concerned,” he said.


Shitty Times on 23.01.10 reported:-
Real estate agents: Cash-rich buyers - both locals and PRS - are driving the recent rally in HDB resale flat prices and the resulting high COV levels,. PRs are the only foreigners able to buy HDB flats.

Propnex agent Wilson low, 44 said PRs, mostly from China, Malaysia and indonesia, tend to favour central locations and are more serious buyers given their ugent need for housing.

ERA Asia Pacific associate director Eugene Lim added that resale market will continue to be driven by families namely 2nd time buyers and PRs for the near future.

Dunno what talking you.

I don't see the contradiction between Mr Horse's statement and ST report!!

:o

 

[VeryWise]

Well, maybe that's the reason why we aren't going to have World Cup on TV :p

MBT did not know if it wa 2,000 & 10 was the world cup or twenty ten?, and when it came, he did not see it coming...

Same with his what he is paid for..he only knows when his salary is coming & like he U sing hokkien accent 'upturn the downturn' singer; knows how much CPF monies is coming...:o

 

[Highfalutin]

Say the average valuation of a three room flat in Tampines is $260,000 and a COV of $10,000. Now a property agent shows you a 2nd floor 3 room flat with immediate minority neighbouring from two races with junk and clothes drying along the corridor and nearby a coffeeshop polluting the air non stop and gives you the same prevailing valuation as calculated by an "endorsed HDB property valuation agency". You tell me who sets the price?

 

[LonewolfAlfa]

MBT is correct lar. want to hantam PAP also must hantam correctly lar.

MBT is talking about NEW flats and Shitty Times is talking about RESALE flats lar.

PR is not eligible to buy NEW flats from HDB, but PR can buy RESALE flats in the open market lar.

Mah Bow Tan: “PRs are not eligible for buying new flats, even in the resale market, quite a lot of them actually rent. They are under-represented as far as purchases are concerned,” he said.


Shitty Times on 23.01.10 reported:-
Real estate agents: Cash-rich buyers - both locals and PRS - are driving the recent rally in HDB resale flat prices and the resulting high COV levels,. PRs are the only foreigners able to buy HDB flats.

Propnex agent Wilson low, 44 said PRs, mostly from China, Malaysia and indonesia, tend to favour central locations and are more serious buyers given their ugent need for housing.

ERA Asia Pacific associate director Eugene Lim added that resale market will continue to be driven by families namely 2nd time buyers and PRs for the near future.