Thank God you are only half of what you've described.....LOL......LOL
more than that?
Thank God you are only half of what you've described.....LOL......LOL
This call prisoner dilemma. If I tell everybody don't rent out to Indias, I one person secretly rent out will profit! It the same with electing the PAP.
You seem to know these India Indians well. I can only imagine how Singaporean owners at Melville feel. Mandarin Gardens didnt deteriorate to the extent of Melville. But that's because we decided to act in apr 2016 before the situation got worse.
Will PAP also act before the situation in SG gets worse?
You are savvy in property investment. Mandarin Gardens has approval from the govt to top up to 99yrs and build up to 2450 apts. It will be a huge development and may be too big for one developer to undertake. Perhaps a consortium with overseas participation will be more feasible. If Seaside Residences get $1800 per sq ft for its next launch, then I think developers will take an interest in enbloc-ing MG
Recently I learned from a Simei S'porean resident that Melville is now known as Ma-Ma Ville.
Also learned from Uber & Grab drivers that they avoid Tanjong Rhu, Changi Bussines Park and Simei so that they don't have
to put up with smelly Keling new immigrants who are very nasty and like to look down on drivers.
Years ago I rented out my 2100 sq ft apartment at The Regency in district 10 to an Indian family. At the end of the two year lease,
I had to spend about $25,000 to get rid of the smelly Keling smell.
Now all my agents are aware that all my units available for rent are not available to Ah Nehs.
You are always talking about other people's dicks while yours is limp as a noodle. LOL.......LOL
U spend $25K? really so much? In my case, I never spend anything, I just rent it out to another Indian tenant. they don't notice the smell at all, and if the building like Mandarin Garden is in demand by other Thambis, you can ask for more rent. But in the event that you need to get rid of the smell, i find that a paint job is sufficient. But all my units are smaller then 2100 sf ft. renting out such a big unit is not financially feasible. I rather buy 3 700sq ft units rather then 1 2100 sq ft unit.
Recently I learned from a Simei S'porean resident that Melville is now known as Ma-Ma Ville.
Also learned from Uber & Grab drivers that they avoid Tanjong Rhu, Changi Bussines Park and Simei so that they don't have
to put up with smelly Keling new immigrants who are very nasty and like to look down on drivers.
Years ago I rented out my 2100 sq ft apartment at The Regency in district 10 to an Indian family. At the end of the two year lease,
I had to spend about $25,000 to get rid of the smelly Keling smell.
Now all my agents are aware that all my units available for rent are not available to Ah Nehs.
In 1985 when I purchased Regency Park at $300 psf from Kuok Brother's development company, 700 sq ft apartments were unheard of in S'pore.
Just had a look at the tittle deed and discovered that it's actually 2253 sq ft and best of all, it's freehold.
U spend $25K? really so much? In my case, I never spend anything, I just rent it out to another Indian tenant. they don't notice the smell at all, and if the building like Mandarin Garden is in demand by other Thambis, you can ask for more rent. But in the event that you need to get rid of the smell, i find that a paint job is sufficient. But all my units are smaller then 2100 sf ft. renting out such a big unit is not financially feasible. I rather buy 3 700sq ft units rather then 1 2100 sq ft unit.
ROFL at the part i highlighted. Shit skins being shit skins themselves obviously won't notice the stink of another shit skin. Your rental logic makes sense. Why even spend any money when you can just rent it to another shit skin. The apartment has already been tainted anyhow by a shit skin which non shit skin would want to even dwell in it.
$25k to replace wall to wall carpeting for 3 bedrooms & living/dinning room, wallpaper for the whole apartment, ceiling repainting and complete fumigation & cleaning.
In 1985 when I purchased Regency Park at $300 psf from Kuok Brother's development company, 700 sq ft apartments were unheard of in S'pore.
Just had a look at the tittle deed and discovered that it's actually 2253 sq ft and best of all, it's freehold.
That is a good buy, even for back then. Now $1800 PSF. I don't buy such high end to rent. And definitely no carpet in the unit. Parquet or tile flooring. Then no need to replace carpet.
All the PAP's good work. At least there are some people who will be happy with PAP's housing policies.
to be fair, in terms of pubic housing, sg is unique and the best even though a hdb flat is a 99-year prepaid rental. every pubic housing project in the u.s. is a freaking disaster even though tenants receive state and federal assistance in terms of rental allowance. the trick may be to make tenants pay mortgages instead of rent so they think they "own" the pigeon hole. if they "own" their shitholes, they will place a value on them instead of trashing them. for this, pap is crafty and effective.
These ABNN read Sammyboy?
to be fair, in terms of pubic housing, sg is unique and the best even though a hdb flat is a 99-year prepaid rental. every pubic housing project in the u.s. is a freaking disaster even though tenants receive state and federal assistance in terms of rental allowance. the trick may be to make tenants pay mortgages instead of rent so they think they "own" the pigeon hole. if they "own" their shitholes, they will place a value on them instead of trashing them. for this, pap is crafty and effective.
The big gaping hole in your comments is place there by yourself. The US projects or public housing is for the bottom of the barrel low income on social assistance type of people. These fuckers turn their buildings into ghettos is not a surprise. HDB on the other hand is all the way up to middle class. U will find engineers, nurses, PMETS etc living in HDB estates. These people are not likely to turn their blocks into "freaking disasters". SO, your argument holds no water.