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Sell flat to pay debts also cannot

makapaaa

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Coffeeshop Chit Chat - Sell flat to pay debts also cannot</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>Guestman551 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>10:17 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 3) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>30807.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>PM Ah Loon: " It is a growing trend that has got authorities concerned. Home owners selling flats to pay off debts, only then ask their MP for help in getting a rental unit"
LHL is hinting that the CPF system is going to be tweaked again. Heard from sources that home owners who sell their flats will have to top up their CPF minimum sum to $120,000 with the sale proceeds. This bloody bastard doesn't care whether you are in deep debts or not. For those who intend to sell their flats and have less than $120,000 in their CPF account, sell them fast as soon as possible if you are in deep debts or you will never be able to repay your debts.
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<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>6/8,10/9, forums.delphiforums.com/anymos (ANYMOS) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>10:33 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>Guestman551 <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (2 of 3) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>30807.2 in reply to 30807.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Why don't the gahment just cut to the chase ? Offer subsidized Medisave-deductible suicide injections at polyclinics/hospitals. For children, half-price. If family, 1 adults 1 child free. Don't waste time getting the void decks dirty and the MRT lines stuck.
If the polys/hospitals can't handle, let's just build some gas chambers at Tuas and provide subsidized bus from town centres.
Hitler would be proud.
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pm ah loon: " it is a growing trend that has got authorities concerned. Home owners selling flats to pay off debts, only then ask their mp for help in getting a rental unit"
lhl is hinting that the cpf system is going to be tweaked again. Heard from sources that home owners who sell their flats will have to top up their cpf minimum sum to $120,000 with the sale proceeds. This bloody bastard doesn't care whether you are in deep debts or not. For those who intend to sell their flats and have less than $120,000 in their cpf account, sell them fast as soon as possible if you are in deep debts or you will never be able to repay your debts.


It's perfectly normal for flat owners to sell their flats so that they can cash in on the property boom. If you are starring at a paper profit of $150k in your face, which sane property owner is going to resist and say "no" to $$$$?
The whole problem lies with the pap's fucked up hdb policies ( i'm in 100% agreement with GMS) which allow flat owners to buy & sell flats like stocks and shares in the open market, providing "instant gratification" to flat owners who need money urgently.

That mother-fcuking pinkie loon has no good reason to complain!!
 
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