What is the cost price of your HDB?
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Originally posted by eagle:
Why are you so sure? Just because he can manage it succesfully, and you can't?
I believe he bought it as a 2nd car a few years ago when COE was cheaper.
because there are many people who are in the same situation as him.
they buy and pay lots of things by installment and credit card, only to end up selling all of them at a loss once they lose their job.
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Do you guys know now the HDB 3 rm old flats are valued @ S$310k (AMK) ? Some asking for S$400k near queenstown. How can that be affordable?
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Originally posted by dechang:
because there are many people who are in the same situation as him.
they buy and pay lots of things by installment and credit card, only to end up selling all of them at a loss once they lose their job.
That's true.
But he still has $$ to invest in the market at the lows last year. I don't know come from where.
Doesn't seem to be in debt. -
ever heard of loan sharks?
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Originally posted by Demon Bane:
Do you guys know now the HDB 3 rm old flats are valued @ S$310k (AMK) ? Some asking for S$400k near queenstown. How can that be affordable?
yes its affordable to the PAP Ministers who make millions of dollars a year -
What will happen to the average joe like us? I dun dare to think.....I read an article that proclaims: SG people are the most happy people in the entire world....how can that be possible?
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Originally posted by Demon Bane:
What will happen to the average joe like us? I dun dare to think.....I read an article that proclaims: SG people are the most happy people in the entire world....how can that be possible?
The article is published by PAP Ministers who are the happiest and richest persons on earth -
Originally posted by dechang:
The article is published by PAP Ministers who are the happiest and richest persons on earth
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Originally posted by dechang:
The article is published by PAP Ministers who are the happiest and richest persons on earth
and even the publisher company is own by them -
Don't believe them, I am one very unhappy man.
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HDB flats are affordable.
Repeat 1,000 times and it will be true.
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Originally posted by charlize:
HDB flats are affordable.
Repeat 1,000 times and it will be true.
They are talking about 30 years ago where a 4 room hdb flat cost $50k
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the only motivation is that you see your flat keep rising, and you feel very happy about it, that is the life of Singaporeans, asset rich, not cash rich
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Originally posted by angel7030:
the only motivation is that you see your flat keep rising, and you feel very happy about it, that is the life of Singaporeans, asset rich, not cash rich
I get motivated when f*cking prostituties.How much you charge a day?
I book you for 1 day
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Friend friend why talk about money,..haiz
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Originally posted by angel7030:
Friend friend why talk about money,..haiz
Prostituties are like that mah.You qoute me a price, I pay you than you strip nake can liao
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so no price, no need lor. hee hee...
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Originally posted by angel7030:
so no price, no need lor. hee hee...
no price means you give me free f*ck lor -
http://www.temasekreview.com/2010/12/07/mah-bow-tan-resale-prices-and-covs-starting-to-come-down/
Valuations and cov coming down?
O rly?
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Originally posted by dechang:
no price means you give me free f*ck lor
huh? me priceless one leh... -
Originally posted by dechang:
They are talking about 30 years ago where a 4 room hdb flat cost $50k
Actually 30 years ago, a 4 room flat cost around $30k only.
Really.
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Originally posted by charlize:
Actually 30 years ago, a 4 room flat cost around $30k only.
Really.
after 30 years, the same old 4 rooms flat cost $350k, aren't the leasers happy about it?? He can sells it and buy a 3rooms for 250k, save a 100k...so, housing is still afforadable to all, just a matter of how they put it and in what perspective you look at it. -
Originally posted by angel7030:
after 30 years, the same old 4 rooms flat cost $350k, aren't the leasers happy about it?? He can sells it and buy a 3rooms for 250k, save a 100k...so, housing is still afforadable to all, just a matter of how they put it and in what perspective you look at it.yes, the flat-owner benefits from the rise in value.
but what about his children? they are the ones losing out because they are unable to afford a $350k starting flat.
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there's only so much that HDB prices can rise. That's because there's only so much that salaries can rise given that there are foreigners to depress salaries. When HDB hits the median of say.... $500,000 in future, can the graduate couple who earns $8000 a month afford it? I dunno....maybe they can but I wonder about their children.