i ask already, actually they said, they are suppose to increase another $5 to cover the operation cost, but because the cheap concept and pity to residents, they reduce it to btw 50cents and $2 only.
TC uncle official: Aiya, xiao mei, only a dollar more per month, not expensive lah
Angel: $1 can buy two quick pick in toto ok, can strike 10 millions ok.
You can imagine how much money they make even if it's a few dollars increase.
Multiply that by the number of households in the area and you could potentially have hundreds of thousands of dollars of extra revenue.
And that's on the conservative estimate.
The TC uncle told me, typically u get a 10 flats x10 storeys block ie is 100 households, if each paid $37, TC get only 3.7k, but to maintain a flat per month, it cost the TC 5k on a normal month and can go up to 10k if need to repaint or do other piping and lay line works. So, taking a norm month TC said they loose out 1.3K.
No wonder flat room are getting smaller and short but the whole flat are wider and and higher...hmmm 20flats X 50 storeys sure to make money....
Originally posted by angel7030:The TC uncle told me, typically u get a 10 flats x10 storeys block ie is 100 households, if each paid $37, TC get only 3.7k, but to maintain a flat per month, it cost the TC 5k on a normal month and can go up to 10k if need to repaint or do other piping and lay line works. So, taking a norm month TC said they loose out 1.3K.
No wonder flat room are getting smaller and short but the whole flat are wider and and higher...hmmm 20flats X 50 storeys sure to make money....
If TCs are making so much losses, then explain to me how come last time, some employee working in a TC can get 8 months bonus during recession time?
That was before they announce lost in investment. Since they had lost, might as well take more to pay themselve first.
Anyway, i just parked my car one side and go buy curry mee at Bedok, damn TC come book my car $70, so my carry mee cost me $74, damn, they marked me allt the way, that is how they make money too...
Only two town councils increacing the fees lah.
Either these two are have very low conservancy fees or they make the services providers work more. Therefore must increase fees to meed demands.
All others not affected.
Those affected kowpeh understanable, others kowpeh in advance is it?
Written by Our Correspondent
After proclaiming that the Singapore economy is set to start growing again this year, the PAP ministers have been quick to increase their own pay and now it seems that the Town Councils will be raising their S&C charges as well.
Two PAP Town Councils Aljunied and Jurong have announced that they will raise their monthly service and conservancy (S&C) charges from April onwards, citing “higher maintenance and operating costs.”
According to information posted on their websites, charges will go up by between 50 cents and $4.50 for Singapore homeowners, depending on the type of flat.
At least three angry readers have emailed us the flyers they received informing them of the hike in S&C charges:
Attached below are the revised charges for Aljunied:
One reader told us that he suspected that the hike is linked to the investment losses suffered by the Town Council:
“I don’t see the opposition wards increasing their S&C charges, why only us? How much did they lose in Lehman? Should open their accounts and let us residents have a look! Where is the transparency?”
Another added:
“To us a few dollars mean alot. We are not so rich like GIC which can afford to lose billions of dollars in a flash!”
Aljunied Town Council claimed on its website that “it was ‘no longer sustainable’ to maintain charges at the current level without running into an operating deficit. Keeping the current charges would mean deteriorating standards over time, which would only raise costs further.”
On their websites, both town councils said the increases were not tied to losses made in investments linked to the failed Lehman Brothers investment bank.
While the economy has improved this year, its effects are hardly felt by ordinary Singaporeans whose wages remain stagnant as the cost of living continues to rise.
As a certain percentage of their multi-million salary package is pegged to GDP growth, the PAP ministers are quick to raise their own salaries by an estimated 8.8 percent which will cost Singapore taxpayers another $58 million dollars or so.
A quick check reveals that the S&C charges for Potong Pasir are only about 70 to 80 percent that of Aljunied:
The hike in electrical tariffs and cleaning costs affect the whole of Singapore including Potong Pasir. Why then did Potong Pasir not increase its S&C charges. Are PAP MPs less efficient than opposition MPs in managing the Town Councils?
As expected, the state media jumped quickly to the defence of the PAP Town Councils without revealing the truth that the opposition is able to run their estates equally as well with less S&C charges.
It was reported in 2008 that the PAP Town Councils have accumulated millions of dollars in their sinking funds to save for rainy days.
The two PAP Town Councils should reveal their sinking funds before asking Singaporeans to pay more for the S&C charges.
Singaporeans generally like to pay more and more.
Really.
ya, for a test, 2 town councils only, if not much protest...slowly go to 4 then 8 then 10....then back to 2 again. hmmm...Clever...LKY is a genius.
Oh, by the way, these 2 towns are walk over consituencies..confirmed
Originally posted by angel7030:Oh, by the way, these 2 towns are walk over consituencies..confirmed
So they only up those places where there are walkovers?
I see.
They are testing the ground.
There are testing the ground.
testing testing 1, 2,3...if ok, all rise...
The efforts of the resident CBM here is obviously to sabotage the thread with its flippant and irrelevant replies, and get all attempts at serious discussion to be driven off track - simply to bring attention to its own stupidity.
With its brain stuck between its ‘Labia Majora’ and ‘Labia Minora’ - with a brain no bigger then the size of its ‘clitoris’ - all it can do is to flap in raptuous idiocy to attract attention to itself as an 'Attention Seeking Whore' fitted with a world class CBM.