Sinkies and their HDB flat..

[tonychat]

pathetic

 

[zhihau]

there's no ownership, it's a leasehold. Sinkies can continue to dream that they own the pigeon hole.

 

[Untouchable]

Cb it's rental after all, can Sinkies please wake the fuck up?????

 

[chonburifc]

HAHAHAHAHAHAHA! I just love the way PAPPIES screw Sinkees. And Kam Gong Sinkees are so grateful to PAPPIES for the 99 year old pigeonholes.

 

[zhihau]

Cb it's rental after all, can Sinkies please wake the fuck up?????

upfront rental with interest to boot!

 

[laksaboy]

there's no ownership, it's a leasehold. Sinkies can continue to dream that they own the pigeon hole.

Indeed. Nothing is more effective than selling to Sinkies the pipe dream of 'home ownership' and them hook them into a hefty debt.

I will always repeat this point: if you don't own the land, you don't own shit. If you own the land, you can build whatever you want on it without the need to seek approval from higher authorities. That is real ownership. That is true liberation.


[video=youtube;zY2hGdl_ArI]https://www.youtube.com/watch?v=zY2hGdl_ArI[/video]

 

[chonburifc]

Indeed. Nothing is more effective than selling to Sinkies the pipe dream of 'home ownership' and them hook them into a hefty debt.

I will always repeat this point: if you don't own the land, you don't own shit. If you own the land, you can build whatever you want on it without the need to seek approval from higher authorities. That is real ownership. That is true liberation.


[video=youtube;zY2hGdl_ArI]https://www.youtube.com/watch?v=zY2hGdl_ArI[/video]

This is how dictators controlled peasants. Make them heavily indebted with pigeonholes so that they don't revolt.

 

[Untouchable]

http://www.wilfredling.com/content/view/1011/9/

 

[chootchiew]

pathetic

got 2nd picture ? what is the expression of the cartoon in green ?

 

[Untouchable]

This is how dictators controlled peasants. Make them heavily indebted with pigeonholes so that they don't revolt.

Yes, without money, no power, no fame cannot rebel.

 

[tonychat]

http://www.wilfredling.com/content/view/1011/9/

this one deserve a cut and paste:

I was shown a Land Title Deed of a 5 room HDB flat. I was shocked to see that the “owner” of the flat is merely taking out a lease. The Title Deed clearly shows that the owner is not an “owner” of the flat. The Title Deed is given to the owner when all mortgages are paid. However, what is written in the title deed is a reminder that HDB owners do not really own their flat. The Title Deed shows that it is a lease probably because the property is a 99 years leasehold or perhaps HDB flats are tightly regulated government properties. Likely it is due to these two reasons.

So should we rent instead of “buying” a HDB flat since the latter does not make us owners even if all mortgages are paid up? Well, for a 5 room flat it is not too difficult to rent the entire flat for $2000 per month. Assuming a time horizon of 30 years and that the discount rate is the same as inflation, the present value of this rental is the 2000 x 12 x 30 = $720,000! It is possible to buy a 5 room flat at a much cheaper price than this. Thus, “buying” a 5 room flat is still more worth it.

But I still cannot swallow the hard fact that “owners” of HDB flat do not own the flat!

 

[Huat-Ah]

Why are you still working/earning $$ in Singapore ? That shows that our Tonychat is a loser.

 

[tonychat]

Why are you still working/earning $$ in Singapore ? That shows that our Tonychat is a loser.

PAP IB spotted...low life shit ass loser!!!!

 

[eErotica69]

PAP IB spotted...low life shit ass loser!!!!

So anyone who insults you are PAP IB?

You and your fuck twin Attila the Cunt are pathetic!

 

[eErotica69]

this one deserve a cut and paste:

I was shown a Land Title Deed of a 5 room HDB flat. I was shocked to see that the “owner” of the flat is merely taking out a lease. The Title Deed clearly shows that the owner is not an “owner” of the flat. The Title Deed is given to the owner when all mortgages are paid. However, what is written in the title deed is a reminder that HDB owners do not really own their flat. The Title Deed shows that it is a lease probably because the property is a 99 years leasehold or perhaps HDB flats are tightly regulated government properties. Likely it is due to these two reasons.

So should we rent instead of “buying” a HDB flat since the latter does not make us owners even if all mortgages are paid up? Well, for a 5 room flat it is not too difficult to rent the entire flat for $2000 per month. Assuming a time horizon of 30 years and that the discount rate is the same as inflation, the present value of this rental is the 2000 x 12 x 30 = $720,000! It is possible to buy a 5 room flat at a much cheaper price than this. Thus, “buying” a 5 room flat is still more worth it.

But I still cannot swallow the hard fact that “owners” of HDB flat do not own the flat!

How about 99 years condo you chump?

Talking about Leasing, go check out on Medini in your own country and you freaking know what is a really lease.

 

[Char_Azn]

Begs the question. What is stopping U from NOT buying a flat. If you keep saying its expensive and you don't even own it, did anyone ever put a gun to your head to buy one?

 

[laksaboy]

Begs the question. What is stopping U from NOT buying a flat. If you keep saying its expensive and you don't even own it, did anyone ever put a gun to your head to buy one?

One: you assume that all of us have either bought, or are thinking of buying a flat. Big mistake.

Two: even if you are not buying a flat, it is not wrong to call out on the sham and fraud conducted by HDB and MND. Especially on the concept of 'home ownership' that they have constantly peddled to the peasants.

 

[RWSSL0TS]

Begs the question. What is stopping U from NOT buying a flat. If you keep saying its expensive and you don't even own it, did anyone ever put a gun to your head to buy one?

hello Kopisai... how are u tonite?

 

[zhihau]

did anyone ever put a gun to your head to buy one?

then put up in your room is it?

 

[eatshitndie]

there's no ownership, it's a leasehold. Sinkies can continue to dream that they own the pigeon hole.

technically, it's a revocable right to use, meaning the land the flat is sitting on belongs to the authorities (freehold to them) and each flat is on leasehold to buyers for 99 years. instead of an iru (irrevocable rights of use), hdb can revoke the lease and or give excuses to force you to sell or upgrade, such as in an enbloc or enhancement scheme. overall, this is great when sinkies are impoverished, poor and starting to contribute to the local economy when jobs become available for sources of income. but when sinkies become more sophisticated, better educated, work in better jobs, have higher incomes, and start surfing and trolling the web (thanks to the pap), they becum more cynical, demanding, and behave like spoilt brats, wanting the cake and eat it too. the foundational "evil" necessities such as public housing that brought sg from 3rd world to 1st get challenged and questioned passionately.