HDB selling 5RM flat at SGD423000! Where the subsidy?
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I know many foreign talents in sinkapore.....8 out 10 will go back to home sweet home.Originally posted by will4:I wonder if u read TODAY about a month back regarding those PR professional
they planned not to stay in Spore after they stopped working. -
Serious?Originally posted by Lowclassman:I know many foreign talents in sinkapore.....8 out 10 will go back to home sweet home.
Which country 's nationality u knew? -
I think I came across a newspaper article that most Singaporean (more than 25%) wanted to migrate if they can.Originally posted by AndrewPKYap:There was a poll that showed 25% of Singaporeans want to escape if only they can!
It will only get worse.
Human greed knows no limit.
But the Singapore govt must have calculated well. They know that there is no better place for us to go other than those 'ang moh' countries. -
I know how you feel but I also came across some. Few or large, I don't really know. But they settling here for good.Originally posted by Lowclassman:I know many foreign talents in sinkapore.....8 out 10 will go back to home sweet home.
I went to meet-my-MP sessions and were pre-interveiwed by two of these FT (at diff occassions) before seeing my MP.
Thse FT as they were interviewing me, I can see from the puzzled looks on their faces. Clearly, they are real foreigners with no deep understanding of this country. I had to explain my case carefully and repetitively, again and again, to them.
Aside, what I don't really like about these FT are:-
1) They don't really know about Sg's history, culture, politic and even economic well. They assume too much about us and the worst thing is that some of them pretend they do really know Sg well.
2) In their minds, they always use Sg as a yardstick with that of their countres. They can't understand why we are complaining so much. They fail to understanding that the problem lies with their thinkings. They don't understand that they are comparing third world economy with a first world economy. The problems and challenges pertaining to third world country and those pertaining to the advanced country are stackly different. -
Despite long queues, the pick-up rate for this batch — which included units in 15 mature estates such as Toa Payoh, Marine Parade and Bukit Merah — was only about 20 per cent.
Probably people thought it would be a lehlong sales from HDB. HDB supposedly providing cheap and affordable housing, transform itself to be a realtor and selling those apartment at $423K, and cry having deficit each year!
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It is a subsidy. To I ate chicken rice at Bedok hor, I pay only $2.00 as the staller give a subsidy of $0.50Originally posted by iamgoondu:MARINE PARADE 1 $225,000 -
$225,000 2 $338,000 -
$423,000 3
Block 43 Street MARINE CRES
Delivery Possession Date NA (Keys Available)
Lease Commencement Date 01 Nov 1975
Block 14 Street MARINE TER
Delivery Possession Date NA (Keys Available)
Lease Commencement Date 01 Jan 1975
Available Ethnic Quota Malay
1 Chinese
0 Indian & Others
0
Recent Transacted Prices
71 Marine Dr 11 to 15 126.00 1977 $462,000.00
73 Marine Dr 16 to 20 117.00 1977 $482,508.00
14 Marine Ter 21 to 25 119.40 1975 $475,000.00
The recent WIS exercise by HDB saw HDB selling a 5 RM flat in Marine Parade at $423K.
So HDB is giving a subsidy 50K!
Something just not right! -
Originally posted by jimmy koh:
Hahaha, I agree......
It is a subsidy. To I ate chicken rice at Bedok hor, I pay only $2.00 as the staller give a [b]subsidy of $0.50[/b]
By the way of HDB's quirky reasoning, you buy chicken rice, $2 dollars at one stall and $2.50 at another stall. So the first stall is giving you 0.50 subsidy? Crap, pure crap, HDB is talking.
Now that the election is over, they can take out all the craps and dish them one by one to us.
Talking about slaughtering the sacred cows. HDB is one cow which the govt needs to slaughter long time ago. But then, they must have calculated carefully the usefulness of its continuous social engineering role.
Talking about percentage minority in a HDB flat. So if the majority stays upper storey and if the minority stays lower storey? This is what happening. So where the racial social mixing? What HDB going to do? Make sure that every storey has Chinese, Malay and Indian? So the private estates have even fewer minority, what then? Racial quota private estate as well? There are areas which the govt should not push too hard without backlash. There are areas which the govt should not overdo and this one area.
It is not merely sg having social mixing or enough social mixing to prevent terrorism, as they have use believing. What if our govt goes round openly support the US invasion of Iraq? Open and not discrete support? Surely this is the one major factor for us to be on the terrorists' radar screen.
It is long overdued for HDB to be scrapped. The important roles for it to play are historical. It takes a brave govt to admit it. -
The list price for Windows Vista is US$500; they sell you at US$300/- giving you a subsidy of $200/- You want more subsidy? Sure no problem. They raise the list price to US$600 and sell you for US$300/-
Now you have a bigger subsidy, from US$200 to US$300/-
When it is a monopoly, don't talk about subsidy lah, just ask how much is the profiteering. -
Originally posted by AndrewPKYap:The list price for Windows Vista is US$500; they sell you at US$300/- giving you a subsidy of $200/- You want more subsidy? Sure no problem. They raise the list price to US$600 and sell you for US$300/-
Now you have a bigger subsidy, from US$200 to US$300/-
When it is a monopoly, don't talk about subsidy lah, just ask how much is the profiteering.
another good example, we should compile them and send them all to HDB. -
Strait Times should publish an annual figure of Sporeans migrating n their destination.Originally posted by 00011000:I think I came across a newspaper article that most Singaporean (more than 25%) wanted to migrate if they can.
But the Singapore govt must have calculated well. They know that there is no better place for us to go other than those 'ang moh' countries. -
Starting today, the Housing and Development Board (HDB) will release 250 unsold 5-room and Executive HDB flats through four housing agencies to sell in the resale market.
Called one of the agency, they are selling those executive flats in Jurong West (near Jalan Bahar, or rather Jurong West Ave 3) at average price SGD280000.
The flats –located in Jurong West, Sengkang, Bukit Merah, Geylang and other towns – are expected to be put up in the resale market over the next one year in small numbers.
According to an HDB statement, the flats were unsold despite repeated offers to the public under its sales exercises. With its latest move, HDB expects better demand for the flats given the wider pool of potential buyers such as singles and high income households.
The flats will be sold in the open market at their full market value determined by professional valuers.
HDB added that buyers would be subjected to similar terms and conditions as other resale flat transactions such as the Ethnic Integration Policy. This rule applies especially to the 5-room flats in Sengkang, Bukit Merah and Geylang, which are available for sale to non-Chinese buyers only.
The housing agencies appointed by HDB will not be allowed to collect any commission from buyers arising from the sale of the flats. Additionally, these agents will be required to sell the units at their full market value as fixed by HDB.
Members of the public who wish to make further enquiries or purchase the flats can contact the appointed agencies directly, HDB said.
If they still couldn't sell those apartments, does it mean the valuations were over valued?
Your gross monthly household income must not be more than $8,000.
So the income policy not applicable to those who buy from the open market? So one who earn 25K monthly can still buy a HDB flat?
So isn't it a viscious cycle itself? The high income earners can alway jacked up the HDB price, and the HDB happily quote the resale price as valuation. That explains why HDB is getting out of reach to many Singaporeans. -
I wonder if buying a 5 room flat is worth it?