why is it so expensive to buy a flat in SIngapore?

• latterrain

  10 Apr 06, 17:47

  Any thoughts?
• blackchickenahkai

  10 Apr 06, 17:55

  space?.
  sg limited space...
  limited space = higher land prices..
  
  + greedy contractors = higher price..
  haha
• latterrain

  10 Apr 06, 17:57

  I think protection is the key issue here
• blackchickenahkai

  10 Apr 06, 17:58

  Originally posted by latterrain:

  I think protection is the key issue here

  well..no cooments.
  maybe to limit ppl owning properties...
  coz sg ppl v rich..
  dont knwo
• photo_seeker

  10 Apr 06, 17:58

  Originally posted by latterrain:

  Any thoughts?

  Expensive with the grants ?
• shade343

  10 Apr 06, 18:00

  The government wants to keep the price of the land artificially high. This is to preserve the value of the houses of those who have bought earlier and ensure that they do not suffer aloss because of lower land prices.
• ShrodingersCat

  10 Apr 06, 18:11

  hruhur sorry nothing to do with flat.. but
  ur nick reminds me of Latrine.
  
  issit.. err intentional?
• latterrain

  10 Apr 06, 18:18

  That's good. You have a unique way of seeing people name.
  Hope you can remember me.
• SexyChin

  10 Apr 06, 18:29

  Expensive? I thought they are rather cheap.
• photo_seeker

  10 Apr 06, 19:27

  Originally posted by SexyChin:

  Expensive? I thought they are rather cheap.

  Same Sentiments here.
• Ito_^

  10 Apr 06, 19:33

  all i hope is for my parents to leave me their flat. they sibei on siaz, never borrow loans. but dat was like 8-9 years ago.
• king108

  10 Apr 06, 19:50

  High = good..
• Darkness_hacker99

  10 Apr 06, 19:58

  $ xxx,xxx for a 99year is very cheap already lor.
• rich989898

  10 Apr 06, 20:08

  Not high enough, should go higher
• chrisbenoit

  10 Apr 06, 20:20

  You all high or what?
  
  Not expensive enough? Siao. Other countries cheaper than ours.
• king108

  10 Apr 06, 20:25

  Singaporean's concept..
  expensive = good
  
  Cheap = lousy
  
• rich989898

  10 Apr 06, 20:50

  Originally posted by chrisbenoit:

  You all high or what?
  
  Not expensive enough? Siao. Other countries cheaper than ours.

  Hello, want to buy few hectares of farmland with a 3 bedroom weatherboard house for SG$60,000 near Antarctica?
• latterrain

  10 Apr 06, 21:52

  We have to spend half of our life paying for our flat as most of us don't have that kind of cash to pay in full. Thats why our flat very expensive. Imagine the bills that come along with flat..mount up to even more
• king108

  10 Apr 06, 21:57

  Originally posted by latterrain:

  We have to spend half of our life paying for our flat as most of us don't have that kind of cash to pay in full. Thats why our flat very expensive. Imagine the bills that come along with flat..mount up to even more

  That why our flat are good. Else you one year finished paying leh.
• forum_dude

  10 Apr 06, 21:58

  THEY R QUITE CHEAP ALREADY BUT COMPARE TO MALAYSIA IS ALOT LA BUT HIGH COSTS DUE TO SECURITY
  
  U SEE HDB FLAT UNDER CONSTRUCTION BEING ATTACKED BY PEOPLE WHO STEAL THE STUFFS INSIDE??
• digicharat

  10 Apr 06, 22:14

  the price of a car here can easily buy you a flat.
  so it should be considered cheap.
• mancha

  11 Apr 06, 01:41

  Small country, property expensive.
  Large country, property relatively cheap.
  
  Friend in Sweden. has house 100 km from Stockholm, with big land half size of foot ball field, only Sing$40,000. Compare rundown 3-room HDB flat appox. Sing$130,000.
• hoolala

  11 Apr 06, 03:12

  U dun buy flat in Singapore. U rent flat onli for 99yrs. It belongs to the government, not u
• ShutterBug

  11 Apr 06, 06:31

  Originally posted by latterrain:

  Any thoughts?

  why is it so expensive to buy a flat in SIngapore?
  
  Because of LIMITED land, and a TAX-happy government.
• dragg

  11 Apr 06, 08:52

  limited land?
  
  its all bullshIt.
  
  our population is now about 4 million. look around you!!! there are still plenty of undeveloped land.