We wont see the property prices goes down.
Not unless Singapore develop another major issue with Sars or have to quarantine whole of Singapore due to some major epidemic.
By then, you see all those PRs and FT rushing to get out of Singapore. Not to mention lots of Singapore Citizens.
It is strange that just around election time prices of HDB flats go up !
strange things always happen near election times...
u dunno meh...
The implication is that Govt will always keep CPF un-withdrawable for 80% of the population or within the income bracket because most funds would be drawn to cover HDB payment.
After all Govt Revenue can only draw so much from
1)GST
2) income tax
3) other tax revenue.
The next biggerest source of funds to finance consumption will be CPF.
Originally posted by Fugazzi:It is strange that just around election time prices of HDB flats go up !
because flat owners feel richer....
Originally posted by Arapahoe:
because flat owners feel richer....
Originally posted by Arapahoe:
because flat owners feel richer....
so that when they die, at least die in a rich house.....until someone smell the foul smell
So, hdb better or condo better now?
buy a private condo and then also purchase a HDB, rent out the HDB to support the condo, later sell all and make money....yupppie!!!
If can buy both
IF cannot buy condo lar
buy D15 condo lar
Very hot !!!
got D24 also hor, somemore plant D24 durian trees, so good, my house jackfruit all rotten liao..haiz
Originally posted by Arapahoe:
The implication is that Govt will always keep CPF un-withdrawable for 80% of the population or within the income bracket because most funds would be drawn to cover HDB payment.
After all Govt Revenue can only draw so much from
1)GST
2) income tax
3) other tax revenue.
The next biggerest source of funds to finance consumption will be CPF.
Yes, with CPF seemingly un-withdrawable for most people, HDB can raise their flats to ridiculous level and people will still buy it, because they dun see a day where they can draw the money out anyway.
No lah, CPF also got give monthly paid out mah, depend on which package you choose and how much CPF you have inside, everything use up to buy house, later got house but no monthly income...die inside the flat for months also nobody knows...smelly
Originally posted by angel7030:buy a private condo and then also purchase a HDB, rent out the HDB to support the condo, later sell all and make money....yupppie!!!
that is what i call stupid mentality....subject to the play book of Pay and paid.
Originally posted by Chyeo1979:
Yes, with CPF seemingly un-withdrawable for most people, HDB can raise their flats to ridiculous level and people will still buy it, because they dun see a day where they can draw the money out anyway.
They found a perfect tools to get people to pay willingly....and of course singaporean are too coward to boycote HDB.
Infact there should be a movement to boycote HDB....
Sigh! I doubt many kids of this generation will be able to afford HDB flats when they grow up
Originally posted by angel7030:No lah, CPF also got give monthly paid out mah, depend on which package you choose and how much CPF you have inside, everything use up to buy house, later got house but no monthly income...die inside the flat for months also nobody knows...smelly
continue to pay and pay...GET INTO YOUR HEAD???
the whole point is there are no option to buy a cheaper flat.....not so much as to how much you get to deduct....
YOU Stupid brainless girl.
Originally posted by Fantagf:Sigh! I doubt many kids of this generation will be able to afford HDB flats when they grow up
precisely so why even border to have kids....lower population...import more foreigners the cycle continue endlessly...
Originally posted by Arapahoe:
precisely so why even border to have kids....lower population...import more foreigners the cycle continue endlessly...
That is what I have been thinking, too. To give birth to kids and bring them up in sg is to allow them to suffer
Originally posted by Arapahoe:continue to pay and pay...GET INTO YOUR HEAD???
the whole point is there are no option to buy a cheaper flat.....not so much as to how much you get to deduct....
YOU Stupid brainless girl.
Pay, pay lor, what so big deal, singaporeans are not so poor as you think lah, the way they are Q up to buy houses, I ask you, poor or not???
This is not like houses cost so high and peoples cannot afford it...everytime, new condos or HDB flats come out,....all oversubscribed by 5 to 10 times...you think people poor, Please lah, if you are poor, that is your business, have some bone in you ok
Originally posted by angel7030:Pay, pay lor, what so big deal, singaporeans are not so poor as you think lah, the way they are Q up to buy houses, I ask you, poor or not???
This is not like houses cost so high and peoples cannot afford it...everytime, new condos or HDB flats come out,....all oversubscribed by 5 to 10 times...you think people poor, Please lah, if you are poor, that is your business, have some bone in you ok
Yeah, S'pore where got poor people or beggars?? You peasants wake up, it's your own problem that you dun have good karma!
Originally posted by Chyeo1979:
Yeah, S'pore where got poor people or beggars?? You peasants wake up, it's your own problem that you dun have good karma!
singapore poor are rich man in thailand and indonesia, see those old men said poor poor, but keep going batam and southern thailand for what??? feed mistress ar??
singapore is a land of opportunities, peoples flocking here is not for nothing, they knew we are a gold mine, but with local like you and a few other here still not knowing that you own country is a goldmine, and instead want to led a beggar life, you blame who?? the govt or yourself?
Originally posted by angel7030:Pay, pay lor, what so big deal, singaporeans are not so poor as you think lah, the way they are Q up to buy houses, I ask you, poor or not???
This is not like houses cost so high and peoples cannot afford it...everytime, new condos or HDB flats come out,....all oversubscribed by 5 to 10 times...you think people poor, Please lah, if you are poor, that is your business, have some bone in you ok
buying houses with "Loan" Singapore do not buy houses in Cash......
FYI....Those cash buyers are here in the US....
So other than owning banks lots of money on overvalued property on Paper with the risk of having depreciated into negative equity.
Originally posted by angel7030:
singapore poor are rich man in thailand and indonesia, see those old men said poor poor, but keep going batam and southern thailand for what??? feed mistress ar??singapore is a land of opportunities, peoples flocking here is not for nothing, they knew we are a gold mine, but with local like you and a few other here still not knowing that you own country is a goldmine, and instead want to led a beggar life, you blame who?? the govt or yourself?
The poor man in indonesia and Thailand may have property with few acre of land in farms much larger than the block of HDB....
The poor man in Singapore owe money to the bank.....unless you can sell off each bricks and eat. In bad times you got no CASH only debt....The farmer in thailand can turn to his farm and have more chicken to eat....there is a different between city state vs agriculture state
Goldmine....continue to dream in your own room? Let me know where can you PAN for Gold in Singapore? I only need to drive 45 minutes to actually PAN for Gold.
Sporean, no choice need to stay in hdb flats.
Especially the next generations, youngsters need flats to settle down.
No matter how expensive the hdb flat is, we still need to buy.