rich vs. poor - high ses vs. low ses housing

[Bad New Brown]

He is a moron hdb sinkie landlord that underpriced his rental. Moron hdb sinkies like him only know how to undercut others. And that’s why Spore rentals are so low compared to hk.

Now the rental pricing for both HDB apartment and private condominium are really low.

$2,000 a month can rent the whole 3-bedrooms private condominium which a very old apartment at Bukit Batok liao

 

[Bad New Brown]

In Singapore, it is near impossible to make a positive return from buying a property and renting it out.

Your only chance is property price appreciation...and looks like this guy is fucked.

Buy a property to stay long term can ...but not investments thinking to make a profit.

In 2014, another lady ex-colleague bought a BTO HDB 4-rooms flat for $570,000 through Sale of Balance Flats at Clementi.

A few months ago she lost her job and her husband is not working for a while too.

 

[ginfreely]

He told me the purchase price was $950,000 add stamp fee and lawyer fee about $70,000 so in total cross $1mil.

His 2-bedrooms private condo also around lake district area with the deferred HSR the private property don’t worth really much now.

So now he couldn’t sell it

That’s not true. Resale transactions done of private property - like those at Lake District - two bedroom new condos are worth much above 1 million now.

 

[ginfreely]

In Singapore, it is near impossible to make a positive return from buying a property and renting it out.

Your only chance is property price appreciation...and looks like this guy is fucked.

Why not? That’s what I did for last 16 years. Made a few hundred thousands rental income.

 

[ginfreely]

the lake district will be a desirable area for makan, massage, mamasans as it’ll be the new heart and hub of songsongjurong. occasionally lake residents and visitors will be entertained by some low ses loser sinkies diving in and not surfacing after 6.9 hours.

Sinkies are so ill informed. Lake District has always been filled with high ses Japanese and angmoh tenants working in Jurong.

 

[ginfreely]

for young sinkie couples who are looking for a home before and after getting hitched and devirginized, the best route to financial soundness and safety is to buy a brand new bto flat at a subsidized price, remodel it at a cost of $69k to bring it up to high ses look and feel, sell it at 6.9 years for at least a profit of 69%, and upgrade to an older pre-enbloc private condo with the proceeds. in future, the older pre-enbloc condo will fetch a higher price with changing times, ever dwindling shortage of land, relaxation of property tightening rules, cyclical shift in property market, and better desirability and more atas feeling of private home ownership. the last is not the least as sinkies care about their faces (but not faeces) and wish to show off to other sinkies that they are more well off and high ses. keeping up with joneses is a treasured and sacred sinkie behavior.

Lucky sinkies buying BTO ought to be grateful to make a few hundred thousands by doing nothing just need to eat and sleep for 5 years!

 

[ginfreely]

Now the rental pricing for both HDB apartment and private condominium are really low.

$2,000 a month can rent the whole 3-bedrooms private condominium which a very old apartment at Bukit Batok liao

It’s strange why hk can up their rental while Spore rentals remain low when Spore property prices went up so much above a million. It’s a sinkie mindset problem, willing to go for low yield. Unlike hk people that dare to up their rent.

 

[sweetiepie]

Why not? That’s what I did for last 16 years. Made a few hundred thousands rental income.

KNN you moron made a few hundred ks from rental and stay in jb to become siao lang the money not enough for medical treatments KNN

 

[ginfreely]

Free markets sis.

Hk also free market. Why their rental can go high along with their property price while Spore cannot? Because useless sinkie hdb landlords only know how to undercut others.

 

[ginfreely]

KNN you moron made a few hundred ks from rental and stay in jb to become siao lang the money not enough for medical treatments KNN

Excuse me a few hundred thousands is 16 years of rental, not just last few years of JB. Not like you ccb Malaysian buying hdb bto to make few hundred thousands in five years and yet so jealous of me. Pui!

 

[winnipegjets]

How do two working adults making a combined income $16k a month before deduction afford a $1.8 million condo?

 

[rocket]

Current prices start from 1700 psf. Definitely high ses.[/QUOTE

Sinkies are so ill informed. Lake District has always been filled with high ses Japanese and angmoh tenants working in Jurong.

Only mudlaydian or fake see shits

 

[rocket]

Lucky sinkies buying BTO ought to be grateful to make a few hundred thousands by doing nothing just need to eat and sleep for 5 years!

Your brain got dislodged from your head?

Why u talk like pang pui......

 

[rocket]

Excuse me a few hundred thousands is 16 years of rental, not just last few years of JB. Not like you ccb Malaysian buying hdb bto to make few hundred thousands in five years and yet so jealous of me. Pui!

Only cheap skate lazy pork chop like u rent out HDB in jurong slum then go live in jb.

 

[ginfreely]

Only cheap skate lazy pork chop like u rent out HDB in jurong slum then go live in jb.

Excuse me I not so lucky to have hdb to rent out. If I have hdb I will be living in Spore and rent out my condo in Spore.

 

[ginfreely]

Your brain got dislodged from your head?

Why u talk like pang pui......

Hdb sinkies and mudlanders that are ingrates should just get lost from MY hdb.

 

[ginfreely]

Now the rental pricing for both HDB apartment and private condominium are really low.

$2,000 a month can rent the whole 3-bedrooms private condominium which a very old apartment at Bukit Batok liao

And this is another fake news that you ccb Malaysian @AhMeng clone is spreading. A condo that is like your friend’s 2 bedroom condo 700 plus sf bought for a million in Lake District should be renting out around 2800 per month according to rental transactions done.

 

[ginfreely]

Hk also free market. Why their rental can go high along with their property price while Spore cannot? Because useless sinkie hdb landlords only know how to undercut others.

Because moron hdb sinkie landlords that are given few hundred thousands windfall from their bto are happy to use that to subsidize their condo purchase and charge their rental low low unlike smart Hong Kong people.

 

[Bad New Brown]

And this is another fake news that you ccb Malaysian @AhMeng clone is spreading. A condo that is like your friend’s 2 bedroom condo 700 plus sf bought for a million in Lake District should be renting out around 2800 per month according to rental transactions done.

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Old gin, you really believe everything what the internet published

You can try getting tenants and see how much they are willing to pay for the rental in lake district!

You can also try getting buyers and who is willing to pay for more than a $1mil for resale 2-bedrooms condo.

You this type of ccb knew nothing about property, no wonder the Malaysians wish you go and die

 

[Bad New Brown]

Excuse me I not so lucky to have hdb to rent out. If I have hdb I will be living in Spore and rent out my condo in Spore.

Bloody hell you don’t own any private condominium or even a HDB flat.

You dare talk so much ... nobody in Johor want to look at your cheap casket house