Mah finally acknowledged rising HDB resale
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Originally posted by likeyou:
That is the crazy price to buy a hdb flats.If I have that cash, I rather live in condo, and still got excess of at least $200,000+ to keep in the saving account.
Singapore is a free market! demand & supply determine a market. Seller can name any price they want, so long there's a buyer willing to pay for it, the price is still valid
who will believe there are some "crazy people" willing to pay 80k COV for a 3rm flat few years back? but it happen today...
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Originally posted by baby hunter:
Singapore is a free market! demand & supply determine a market. Seller can name any price they want, so long there's a buyer willing to pay for it, the price is still valid
who will believe there are some "crazy people" willing to pay 80k COV for a 3rm flat few years back? but it happen today...
Probably see to those rich foreigners or PRs.
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Originally posted by likeyou:
Probably see to those rich foreigners or PRs.
not all......it is true that due to high demand from the PRs buyer that causes the HDB prices had gone up in the past 6mths. but the 3 rm flat at AMK sole at record high of 80k cov, 60k cov for a 3rm at TPY, 45k cov for a 2rm flat at chin swee. All are local buyer
. think singaporean are good at setting high records 
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Originally posted by baby hunter:
not all......it is true that due to high demand from the PRs buyer that causes the HDB prices had gone up in the past 6mths. but the 3 rm flat at AMK sole at record high of 80k cov, 60k cov for a 3rm at TPY, 45k cov for a 2rm flat at chin swee. All are local buyer
. think singaporean are good at setting high records
Sing sells PR high, later SIng go higher price property...govt said Singaporeans are the one who mark up the prices on the free market...PRs vs Singaporeans, Govt sit back relax and collect tax, now, who is the stupid ones??? -
Originally posted by angel7030:
Sing sells PR high, later SIng go higher price property...govt said Singaporeans are the one who mark up the prices on the free market...PRs vs Singaporeans, Govt sit back relax and collect tax, now, who is the stupid ones???
The Dark Angel never fail to defend the PAP government even as it pretends to be on the negative side with comments that are no better then 'back-handed' compliments to the PAP.Has the PAP government not initiated the entire property price race and fuelling it further with the various measures that affect the prices even higher ?
The URA will first determine the highest property price that it can get in the land parcel sale to developers, who will pass on the costs to the property buyers.
Besides affecting the price of the land sold, the URA will increase costs onto the project by inflicting 'Development Charges' based on the type of project that is built, and the 'Stamp Duties' on the total cost of the project. More charges follows in terms of fees levied on the number of car parks put in place, or request for any waiver for the reduction of car parks so as to cope with the development plans. Then there are the charges for non-compliance to the minimum energy standards imposed on the design of the building.
Even as much as the PAP government talk about leaving prices to be determined by the Market Forces, it will intervene to influence the market to prevent a virtual collapse or to prevent run away spiral.
The minimum and maximum values seem to be set by the PAP leadership - in their views concerning what these values should be at different times of the housing price cycles, to maintain the buoyancy of their initial cost input and prevent disaster to the property values that they have initiated and forced onto Singaporeans.
Now that they have boosted the prices of public housing to such high levels that result in even high values when bank interests are added, what price will these properties be when offered for sale later ?
Can these artificial situation continue to be sustained, or will the bubble burst at some point in time ?
The PAP leadership think themselves as being so smart riding on the back of the Political Tiger once before in the 1950s and 60s, and manage to get off without being eaten.
Do they seriously believe that they can ride on the back of the Property Tiger without similarly getting eaten when they step off it ?
The Dark Angel will be better off keeping itself busy with the dark angel in the bottle.
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Can these artificial situation continue to be sustained, or will the bubble burst at some point in time ?
BTO was artificially managed to reduce supply so that it was 50 times over subscribed. Any profession would start to ask what is Built to Order program? where it should have been an efficient way of managing supply and demand.
HDB and CPF is just becoming a government Feeder fund...sort of reminded me of Burnie Mattoff. The only way a ponzi scheme could work is that the market input continue to expand but because SG has its limited pool so it increase base price and imposing CPF withdrawer limit.
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Now resale flats are like $900,000 and almost touching 1 million dollars.
Go figure what the prices of new BTO flats will be next time.
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That is exactly what the govt wants, now they earned already, start to act pity and feel sori and even acknowledge the rising problem. OMG! singaporeans are totally fooled, especially those HDB dwellers
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Originally posted by Atobe:
The Dark Angel never fail to defend the PAP government even as it pretends to be on the negative side with comments that are no better then 'back-handed' compliments to the PAP.Has the PAP government not initiated the entire property price race and fuelling it further with the various measures that affect the prices even higher ?
The URA will first determine the highest property price that it can get in the land parcel sale to developers, who will pass on the costs to the property buyers.
Besides affecting the price of the land sold, the URA will increase costs onto the project by inflicting 'Development Charges' based on the type of project that is built, and the 'Stamp Duties' on the total cost of the project. More charges follows in terms of fees levied on the number of car parks put in place, or request for any waiver for the reduction of car parks so as to cope with the development plans. Then there are the charges for non-compliance to the minimum energy standards imposed on the design of the building.
Even as much as the PAP government talk about leaving prices to be determined by the Market Forces, it will intervene to influence the market to prevent a virtual collapse or to prevent run away spiral.
The minimum and maximum values seem to be set by the PAP leadership - in their views concerning what these values should be at different times of the housing price cycles, to maintain the buoyancy of their initial cost input and prevent disaster to the property values that they have initiated and forced onto Singaporeans.
Now that they have boosted the prices of public housing to such high levels that result in even high values when bank interests are added, what price will these properties be when offered for sale later ?
Can these artificial situation continue to be sustained, or will the bubble burst at some point in time ?
The PAP leadership think themselves as being so smart riding on the back of the Political Tiger once before in the 1950s and 60s, and manage to get off without being eaten.
Do they seriously believe that they can ride on the back of the Property Tiger without similarly getting eaten when they step off it ?
The Dark Angel will be better off keeping itself busy with the dark angel in the bottle.
Is there a problem with finding a roof on top of your head, or are you living in a bus-stop?? Many Singaporeans are gaining alots from the sales of their properties, just that on the hindsight these peoples like to grumble here and there just like the way Singapore laksa is cooked, u go to a club and you can hear aunties and uncles boosting about how many hundreds of thousands or even millions they make from enbloc and selling off their properties, then they keep the money happily in bonds or banks or under their beds. After selling, they need another property to live in, then they start to complaint housing prices too high and all these shit...now who is the culprits who bring the property market up??? If you are not greedy and dun sell, nobody is going to take that roof off you head ya. -
Originally posted by angel7030:
Is there a problem with finding a roof on top of your head, or are you living in a bus-stop?? Many Singaporeans are gaining alots from the sales of their properties, just that on the hindsight these peoples like to grumble here and there just like the way Singapore laksa is cooked, u go to a club and you can hear aunties and uncles boosting about how many hundreds of thousands or even millions they make from enbloc and selling off their properties, then they keep the money happily in bonds or banks or under their beds. After selling, they need another property to live in, then they start to complaint housing prices too high and all these shit...now who is the culprits who bring the property market up??? If you are not greedy and dun sell, nobody is going to take that roof off you head ya.
The Dark Angel never fail to try to impress with its simplistic approach in defending the PAP - even when it pretend to raise its hand to slap at the PAP, it will end up clapping in praise of the PAP.Stop fooling others with your simple minded Taiwanese village logic.
If what you claim is true that one "can hear aunties and uncles boosting about how many hundreds of thousands or even millions they make from enbloc and selling off their properties" - do you seriously believe that these "aunties and uncles" will complain about housing prices being too high, when they can afford to live in a better type or quality environment ?
With the "many hundreds of thousands or even millions" in their possession - why should the aunties and uncles "start to complaint housing prices too high" ?
Do they need to rush into a property market that is hot ?
In your usual attempt to simplify the situation to protect the PAP, you simply white wash the real issue by not paying attention to the real problem.
It is the new generation of young married Singaporeans buying their first home that is complaining about housing price being too high.
With housing prices being so high, they will have to struggle with the mortgage for the rest of their working lives, ending with all their cash being sunk into a dead asset, and with little cash for their retirement.
Has the PAP solved the problem of high priced housing that resulted with the situation faced by present generation of Singaporeans - who find themselves asset rich and cash poor at the age of retirement ?
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Originally posted by Atobe:
The Dark Angel never fail to try to impress with its simplistic approach in defending the PAP - even when it pretend to raise its hand to slap at the PAP, it will end up clapping in praise of the PAP.Stop fooling others with your simple minded Taiwanese village logic.
If what you claim is true that one "can hear aunties and uncles boosting about how many hundreds of thousands or even millions they make from enbloc and selling off their properties" - do you seriously believe that these "aunties and uncles" will complain about housing prices being too high, when they can afford to live in a better type or quality environment ?
With the "many hundreds of thousands or even millions" in their possession - why should the aunties and uncles "start to complaint housing prices too high" ?
Do they need to rush into a property market that is hot ?
In your usual attempt to simplify the situation to protect the PAP, you simply white wash the real issue by not paying attention to the real problem.
It is the new generation of young married Singaporeans buying their first home that is complaining about housing price being too high.
With housing prices being so high, they will have to struggle with the mortgage for the rest of their working lives, ending with all their cash being sunk into a dead asset, and with little cash for their retirement.
Has the PAP solved the problem of high priced housing that resulted with the situation faced by present generation of Singaporeans - who find themselves asset rich and cash poor at the age of retirement ?
Can u please stop insulting my taiwan village, it got nothing to do with you here!
And are you sure it is the new couple who are complaining, aren't they earning more now than their ancestors of the 70s and 80s, with a nicer flats, better facilities all round, dun tell me HDB will still be selling 70s and 80s kind of prices?? The youngs must learn to survive, tho I am also young, i find that too many of them are being pamper, unlike my taiwan village culture, parents leave you to decide on your own, where got go and worry about your career or marriage and housing.
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Originally posted by angel7030:
Can u please stop insulting my taiwan village, it got nothing to do with you here!
And are you sure it is the new couple who are complaining, aren't they earning more now than their ancestors of the 70s and 80s, with a nicer flats, better facilities all round, dun tell me HDB will still be selling 70s and 80s kind of prices?? The youngs must learn to survive, tho I am also young, i find that too many of them are being pamper, unlike my taiwan village culture, parents leave you to decide on your own, where got go and worry about your career or marriage and housing.
If your life in Taiwanese village has got nothing to do with anyone here, stop quoting about your experience and life in Taiwan.If you remain attracted to Life in Taiwan, your existence in Singapore and SgForum remains unwelcome as it was clearly shown during 2009.
You could have been more honest to pass your comments about Life in your village in Taiwan - instead of passing judgment about Singaporean Life in Singapore.
What does a Taiwanese faking as a Singaporean know about life in Singapore ?
Your remarks about prices of HDB flats sold in Singapore clearly reveal your hopeless ignorance about the political debate about the costings and subsidies that the PAP Government refused to be forthright and open to Singaporeans.
Do Singaporeans - young and old - need your 2 cents worth of Taiwanese experience to teach anyone how to live here ?
Keep your homilies for your own consumption.
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Originally posted by angel7030:
Can u please stop insulting my taiwan village, it got nothing to do with you here!
And are you sure it is the new couple who are complaining, aren't they earning more now than their ancestors of the 70s and 80s, with a nicer flats, better facilities all round, dun tell me HDB will still be selling 70s and 80s kind of prices?? The youngs must learn to survive, tho I am also young, i find that too many of them are being pamper, unlike my taiwan village culture, parents leave you to decide on your own, where got go and worry about your career or marriage and housing.
just roll back to taiwanyou are so polluting
you are here in singapore cos your old man got money to come here
you are good at replying shit only
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Originally posted by AH TRUTH:
just roll back to taiwanyou are so polluting
you are here in singapore cos your old man got money to come here
you are good at replying shit only
Ah Truth, she he may not be a Taiwanese nationale. Initially, when I noticed his her presence here, he she stated that he she was born in Singapore and the deceased mother was a Taiwanese. This person is not credible.
There are loopholes about this fellow. It is either longinchjohn , or the longinchjohn is sharing the same account as the sister. If two are sharing same account then it really speaks volume (volumn) of them. Anyway, both are just as rotten, beyond salvage.
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does one still believe property market is a free market?
do we need another financial crisis like the one we see 2 years back coming soon?
asset bubbles are a serious concern to any country in the world. Inflation.
live within your means. you had nothing to worry abt.
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Originally posted by reyes:
does one still believe property market is a free market?
do we need another financial crisis like the one we see 2 years back coming soon?
asset bubbles are a serious concern to any country in the world. Inflation.
live within your means. you had nothing to worry abt.
Gahmen keep telling us to "live within our means".. what exactly does it means ?
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Originally posted by jojobeach:
Gahmen keep telling us to "live within our means".. what exactly does it means ?
It means that if there is a meaning in your living in Singapore, live with it. If there is no meaning, you can alway pack and go -
Originally posted by Fantagf:
Ah Truth, she he may not be a Taiwanese nationale. Initially, when I noticed his her presence here, he she stated that he she was born in Singapore and the deceased mother was a Taiwanese. This person is not credible.
There are loopholes about this fellow. It is either longinchjohn , or the longinchjohn is sharing the same account as the sister. If two are sharing same account then it really speaks volume (volumn) of them. Anyway, both are just as rotten, beyond salvage.
Remind me of Savange Garden
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Originally posted by angel7030:
It means that if there is a meaning in your living in Singapore, live with it. If there is no meaning, you can alway pack and goLOL.. you so farney lah sista angel.
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Originally posted by reyes:
does one still believe property market is a free market?
do we need another financial crisis like the one we see 2 years back coming soon?
asset bubbles are a serious concern to any country in the world. Inflation.
live within your means. you had nothing to worry abt.
in capitalism, first and foremost, you must know that crisis in economy of any discipline, be it commodity or financing or properties etc etc, there must alway be up and down, bubbles and foam, lost and win. And as free your market is, there is a higher risk, and higher risk also bring in higher gain.So all these bubbles and gases or whatever is evitable as long as you adopt a free market economy.
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Originally posted by jojobeach:
LOL.. you so farney lah sista angel.
eh..am i wrong, tho i can be funny, but deep inside my post hide the meaning. Isn't it true that if you earn how much, eat how much, buy how much, gamble how much etc etc is all depend on your earning power, but if your lifestyle goes beyong your earning power, there would be no meaning living here in a long run, sure you go pok kai one, so you either go to a higher paid country or a lower cost of living country as alternatives to satisfy your way and lifestyle of living -
Originally posted by angel7030:
eh..am i wrong, tho i can be funny, but deep inside my post hide the meaning. Isn't it true that if you earn how much, eat how much, buy how much, gamble how much etc etc is all depend on your earning power, but if your lifestyle goes beyong your earning power, there would be no meaning living here in a long run, sure you go pok kai one, so you either go to a higher paid country or a lower cost of living country as alternatives to satisfy your way and lifestyle of livingSo poor people must live a subsistence lifestyle ? Isn't that a sad statement ?
Singapore is a wealthy country.. surely there's more than enough wealth to spread among the people , poor people shouldn't need to be left out.
I've been to many countries. What truly impress is not how many glitzy high rise buildings the country has.
Rather how well the poor, old, needy and young are being taken care of.
Are we sacrificing our lifestyle just to look "rich" ?
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Originally posted by angel7030:
Can u please stop insulting my taiwan village, it got nothing to do with you here!
And are you sure it is the new couple who are complaining, aren't they earning more now than their ancestors of the 70s and 80s, with a nicer flats, better facilities all round, dun tell me HDB will still be selling 70s and 80s kind of prices?? The youngs must learn to survive, tho I am also young, i find that too many of them are being pamper, unlike my taiwan village culture, parents leave you to decide on your own, where got go and worry about your career or marriage and housing.
if you use your miscule mind a little, the value of the sing $ back then and now mean a great difference.
10 years ago nasi lemak cost abt $1, 30 years ago 1 cup og kopi wsa about 50 to 60cents, cab fare was $1.20
now?? cabe fare peak period is abt $4-4.50 ,food min cost $2 to 2.50 in most areas of singapore, to you , your simple minded thinking may mean that bigger number is bigger value, however, sadly it is not, the value is more like smaller, fast foward a few years time, even $5 or $10 might not last a person for more than 3 days.