make sense....also i feel ya frustrationsOriginally posted by bic_cherry:HDB: Collecting $$ for nothing...
Scrap the flat fee of $10
Thursday • June 28, 2007
Letter from Ong Wee Ann
I recently got married and my wife and I have been looking to buy a flat near our parents' homes. We have yet to be selected by the Housing and Development Board's (HDB) computer system to purchase a flat, even after faithfully participating in new-flat launches.
During a walk-in-selection exercise this year, we queued early only to find that the number given to us was much higher than the number of available flats.
We have paid the $10 application fee three times but have yet to have the opportunity to even choose a flat. The rules state that any interested applicant has to pay a $10 fee regardless of whether there are enough flats to meet the demand for a particular exercise.
In a recent balloting exercise, 3,955 people submitted their applications but only 922 flats were available for selection. This means that it is possible that more than 3,000 applicants could have paid the $10 fee without having the chance to select a flat.
I recommend that the HDB revise its policy of collecting the $10 application fee from every applicant. This fee should only apply to successful flat applicants.
Copyright MediaCorp Press Ltd. All rights reserved.
http://www.todayonline.com/articles/196989.asp
In my humble take on this. HDB basically have two options to better utilised the land. Either it can developed the land on its own or to sold out the land to private developer. In choosing the former option, the government is in a better position to earn revenue to offset or to suppress the rising taxation than to leave it to the private developer which often charge at prevailing market rate.Originally posted by robertteh:In selling the HDB flats, lands were already paid for by citizens through taxation or government surpluses in the first place and should not have been charged.
HDB at the most should just recover the construction costs. So in sale of HDB flats car park or land costs should not have been charged but HDB is charging the so-called the low-cost housing against HDB Act and contrary to the purpose of Land Acquisition Act at market price with no subsidy at all, except for superficial discount.
HDB does not pay again for the lands or car park which were paid for or covered by purchase price and so can easily be allowed for free parking by purchasers.
Yet HDB uses its power to retain the car park and charge car park fees at S$70.00 pm. Is the HDB flat sale and collection of car park charges entirely a profiteering scheme.
they need to pay good remuneration to attract talents.Originally posted by bila_prem:Paper,pen, ink + people to do the job cost $10. Does it makes sense?