What you worry most-30-yr HDB loan or cow-council bullshits? All Must read !

[Tiu Kwang Yew]

Leaseholders pay conservancy fees, FT cleaners clean right!
Leaseholders sometimes cannot pay in time conservancy , chase them out like a hooligan or give a bit of time ? Now casinos open oredi, people take kitchen money there to gamble …..blame who ? Not PAP old baboons and young baboons ?
All these are part and parcel of life right !


Then come the most fucked thingy---your HDB loan ! You pay how many years ? One month how much ? $100? $500?
$800? $1000? Cut from your CPF ?
You now 30 years old, after paying for 30 years, you lau kok kok oredi…….then you retire…..then you check your CPF, only medisave left ! Got hope ?
But then you can sell your HDB lease to HDB for retirement…..hahahahaha….so CPF fails!

HDB price is a political price, PAP cannot stay in power forever one….another 20 years more ?
Afterthat, your HDB lease may worth only 50k !

HDB house comes with a PAP tag…….it is not a true property………you buy the lease at your risk !

That is why you see many private homeowners , many of them, and many PRs, buy resale HDB flats for investment----short term investment---they rent out to pay their private homes ! When crunch time coming, they quickly rid it off.

And HDB allows this practice. And the local commoners will lose out buying resale . You need money, big money to pay the bloody COV !
PAP hands are stained with blood when comes to HDB flats !

It is so cheap skate to tok about cow council bullshits, when real HDB issues are not addressed. Many bicycles are stolen, corridors are jammed with so many dirt things ! Pot plants hog half the corridors----and cow councils cannot take action.

With so many PAP FTs around to torture your mind, you not worry the CPF not enough to pay PAP HDB?

Money is evil, got money, anything can do right !

father and son run cow council well----so shameful cheap thing also dare to say out loud...somemore use national newspapers to do so----shame !

 

[ksgd0717]

<< and cow councils cannot take action >>

"got retrenched from HDB. but no retrenchment benefits."

 

[Watchman]

No evidence PRs, pte pty owners pushing up HDB flat prices: Mah
There is no evidence that specific buyer groups,
like permanent residents (PRs) and
private property owners (PPOs) are driving up prices of HDB flats.
National Development Minister Mah Bow Tan told Parliament on Friday that the median cash-over-value (COV) paid by PRs have been the same as the overall median COV paid for resale flats for the last two quarters.
‘Cases of PRs paying high COV are the exception, not the rule,’ Mr Mah said.
He said of the 37,205 resale transactions in 2009,
58 cases had COV exceeding $70,000 (US$49,995).
Of this, only eight cases or 14 per cent involved PRs.
Mr Mah added while PPOs pay higher COVs in general, their numbers are not large enough to drive up prices.

‘If we banned PPOs from buying HDB resale flats, what about HDB owners buying private properties? Should we ban that too?’ he asked.
‘I would urge that we take a longer-term view and not over-react, and do things we regret and have to reverse down the road.’

Source: Business Times, 5 Mar 2010​

 

[Watchman]