Price of being singaporeans
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How much extra he earned from downgrading, I didn't bother to ask.
All I know is, he has zero housing loan concerns now, and a place to stay for at least the next 85 years, which is walking distance to Sengkang Compass Point.
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Originally posted by eagle:
How much extra he earned from downgrading, I didn't bother to ask.
All I know is, he has zero housing loan concerns now, and a place to stay for at least the next 85 years, which is walking distance to Sengkang Compass Point.
so be it, live and rot there.. -
not everyone has high ambitions as you mah
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Originally posted by eagle:
How much extra he earned from downgrading, I didn't bother to ask.
All I know is, he has zero housing loan concerns now, and a place to stay for at least the next 85 years, which is walking distance to Sengkang Compass Point.
shiok. once house is paid for, one sleeps a lot better.
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i really think the ict should be cancel. who agree with me?
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Originally posted by eagle:
not everyone has high ambitions as you mah
it is not a matter of high ambitous, it is to weight the pros and cons, i bet his CPF is also wiped off, and that is once a chance of his life, if he looks at the CPF, it is not going to be his completely after the introduction of what called longlife annuanity, i would rather use it to sustain a house.. -
Originally posted by av98m:
shiok. once house is paid for, one sleeps a lot better.
get a condo, and rent this out, he will sleep much better -
Rich, talented foreigner can become singaporean or pr
the rich can buy dozen condo, land property to invest
hdb flats is very very very expensive due to inflation, increase in raw material, oil-transport, labour, increase in any other cost - bullshit
the real reason is opportunity cost - i can sell the land to private developer to built condo , shopping centre, plant, hotel, service apartment, etc - but i used the land to built hdb flats to let singaporean have a place called home?????????? $$$$$$
got rich father, mother can ask them money to do any business become boss also pointless - earn many money also like that
go outside and work then you will know - outside is a big sea full of danger
i seen super rich people eat porridge with salted fish, eggs, skin egg, bean spourts, pickled vegetables etc - they are not stingy but frugal - educated somemore temper a bit weird but no air
just cherish the thing you have and the people around you
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i know someone who bought 5 rm flat
Originally would take very long to finish, but during property boom, he downgraded to 4 rm flat, and the flat was fully paid from the proceeds of the 5-rm flat
Shrewd.
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Originally posted by angel7030:
it is not a matter of high ambitous, it is to weight the pros and cons, i bet his CPF is also wiped off, and that is once a chance of his life, if he looks at the CPF, it is not going to be his completely after the introduction of what called longlife annuanity, i would rather use it to sustain a house..self-employed
no more CPF contributions. He makes other wise investments as well.
And you can't rent the HDB out if buy from govt grant immediately; needs 5 years occupation first I believe
He might just do as you said on the condo and renting out part. Thanks for the suggestion. I will tell him that.
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Originally posted by eagle:
self-employed
no more CPF contributions. He makes other wise investments as well.
And you can't rent the HDB out if buy from govt grant immediately; needs 5 years occupation first I believe
He might just do as you said on the condo and renting out part. Thanks for the suggestion. I will tell him that.
Unable to buy private property do not affect a fully paid 99 leased HDB, however the next property you buy must be freehold, that's how govt make money from the rich.Anyway, downgrading is not our cup of tea, unless their is a finanicial diffculties in fulfilling certain obligation. I have seen some force selling of private properties and move to 5 rooms due to failing in business or illness of high expenses
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Based on yr equation, then it means everyone who stays in a private or landed property ought to leave first becasue got no discount mah.
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i know someone who bought 5 rm flat
Originally would take very long to finish, but during property boom, he downgraded to 4 rm flat, and the flat was fully paid from the proceeds of the 5-rm flat
smart, good foresight. I won't say moving from 5-rm to 4-rm is downgrading, his standard of living is probably much higher, now that he doesn't have to pay instalment and how his money become expandable cash! Good lesson to learn.
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later 4 rm change to 3 room, lagi good foresight
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housing is getting very expensive now.
Buying a resell flat can be considered as a better choice. you are paying thru CPF. it doesn't matter any more.
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housing is still ok
i think it will get more expensive
Expensive got good and bad to me
Bad is next time i need to pay more
when i buying a house next time
Good things is..
dont think i want to said out
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Originally posted by angel7030:
later 4 rm change to 3 room, lagi good foresight
ya...staying in a 3 rm, with enough money to buy country club, go travelling, eat good stuff...not bad life.3 rm flat, one for bedrm, one for audio visual...if you only one couple, children live outside. not so bad.
good foresight means good planning, for old age.
too big a house need to clean, you go back and clean for your parents or not?
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For those who doesn't appreciate the value of their Singapore Citizenship... I suggest watching the show "Crossing Over", how people work hard to achieve a better future for themselves and their loved ones.
Crossing Over is a multi-character canvas about immigrants of different nationalities struggling to achieve legal status in Los Angeles. The film deals with the border, document fraud, the asylum and green card process, work-site enforcement, naturalization, the office of counter terrorism and the clash of cultures. Written by Wayne Kramer
Max Brogan (Harrison Ford) is an Immigration and Customs Enforcement agent (ICE) with a dangerous flaw - he has a heart and sympathy for the very people he must track down and deport. His partner, Iranian-American Hamid (Cliff Curtis) awaits his father's naturalization ceremony and appears dedicated to his job only to prove to his family how important it is to be American. As the duo runs routine busts on illegal immigrants, several other stories are revealed a defense lawyer (Ashley Judd) negotiates for a new family for an orphaned child and must also orchestrate the deportation method of a family whose 15-year old daughter is accused of having ties to terrorism; a young Jewish man (Jim Sturgess) tries to use his unpracticed religion to secure a job; and Cole Frankel (Ray Liotta) uses his position as a green card approval supervisor to force a beautiful Australian model (Alice Eve) into some compromising positions. -
We have been inundated with so many shades of 'wayang' from the gov't and it is time now lah to wake up and learn to differentiate what is real as opposed to illusion.
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We have been inundated with so many shades of 'wayang' from the gov't and it is time now lah to wake up and learn to differentiate what is real as opposed to illusion.
The masses must be awakened to the filth of the PAP regime.
The brainwashing by PAP must end.
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Originally posted by Ah Chia:
The masses must be awakened to the filth of the PAP regime.
The brainwashing by PAP must end.
Many are in deep sleep with the "what if" mentality. Some may have awaken but many are still sleeping.
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Opiate of the masses (Singapore version) comes in the form of drama serials - sadly, most of it is junk.
As for the news, documentaries - the intellgent would know.
The internet is a boon!
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Some may have awaken but many are still sleeping.
Lee Kuan Yew wants them to continue sleeping.
He doesn't want them to wake up.
He wants them to sleep.
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Originally posted by Fugazzi:
Opiate of the masses (Singapore version) comes in the form of drama serials - sadly, most of it is junk.
As for the news, documentaries - the intellgent would know.
The internet is a boon!
My tv is dusty.
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My tv is dusty.
My remote spoiled. Serious.