What is the cost price of your HDB?
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Originally posted by Demon Bane:
I envy my fren who bought a few pte properties in the 80's....soooo rich now! Sell already still have one semi-D to live in! Good decision and he loves Singapore!
that was what my dad did, now me leave in joo chiat, so what, also have to work mah, life is not about being rich, but about the meaning of it, if rich can make one happy as alway, why so many rich also fight each other and some even commit suicide. Rich got rich problem hor -
Originally posted by angel7030:
that was what my dad did, now me leave in joo chiat, so what, also have to work mah, life is not about being rich, but about the meaning of it, if rich can make one happy as alway, why so many rich also fight each other and some even commit suicide. Rich got rich problem horI think people always say $ is not everything, but no $ can't buy anything leh....Rich people may not be happy but poor is sure unhappy leh....
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A property is the most expensive investment for Singaporeans/PR.
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Originally posted by Demon Bane:
A property is the most expensive investment for Singaporeans/PR.
Not really lar.Property investment is all about cashflow and float money. Your income (not just salary ... all incomes) affects how much the bank allows you to borrow. Your equity affects your cashflow and the % of risk.
However I would not say it is the most expensive .... cars are more expensive. Bloody waste of $ sia cars. I still dun own a car btw.
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Originally posted by Demon Bane:
I think people always say $ is not everything, but no $ can't buy anything leh....Rich people may not be happy but poor is sure unhappy leh....
no, some poors are also very happy, and most are hardworking workers, see them enjoying life more than the rich, family together at ECP, just get together, happy, BBQ, enjoy the sea, togetherness and the bliss of life. As for the rich, they alienated themselves from enjoying with the poor, husbands got mistress here and there, son, a spoilt kid who knows how to spend money only and wife who keep worrying about her image and fashion more than her family. As long as you hv a decent job, have bone in you, work hard, being poor can be very happy. Why make life difficult just becos of a few papers -
The wheel of life changes in this sinful world, you can be rich now because you are poor and helpful the last time, but you can go back to poor again if you produce too much sin after being rich. Dun worry, everyone will get their chances to be rich and poor. But then, remember, whoever you are, life must come to an end, just in a different way and journey.
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Originally posted by Genie99a:
Not really lar.Property investment is all about cashflow and float money. Your income (not just salary ... all incomes) affects how much the bank allows you to borrow. Your equity affects your cashflow and the % of risk.
However I would not say it is the most expensive .... cars are more expensive. Bloody waste of $ sia cars. I still dun own a car btw.
Car is not expensive lah, COE is expensive hor. Anyway, this help to have less car on the road.
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Rich or Poor....Being contented is most important of all....><"
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not only contented, must also be considerate and helpful
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People who are rich have good karma and done something good in their previous lives. People who are poor karma not very good....must do more good deeds.
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Ex-SLA man accused of cheating Govt faces 70 new charges
05:55 AM Dec 31, 2010SINGAPORE - Former deputy director at the Singapore Land Authority (SLA), Koh Seah Wee, who stands accused of cheating the Government of more than $12 million, was yesterday slapped with another 70 charges.
Koh, 40, now faces a total of 372 charges.
Seven of the new charges were in relation to his stint at the Intellectual Property Office of Singapore (IPOS) and 63 involved offences during his tenure at the Supreme Court from 1997 to 2004.
While at the Supreme Court, Koh was involved in the procurement process for IT equipment, software, consumables and services.
It is alleged that, in recommending the award of contracts to business entities, Koh had concealed from the Supreme Court the fact that he was involved in the management of the business entities and had a share in their profits.
Due to the concealment, the Supreme Court was induced to award contracts to these businesses.
It was not stated how much Koh - who has been in remand since June 25 - profited from the transactions.
The Deputy Public Prosecutor (DPP) also informed the court that the Attorney-General's Chambers will be writing to the Supreme Court for the case to be heard by a Supreme Court Judge.
The request is not unprecedented.
A similar application was made against Chia Teck Leng, the former finance manager of Asia Pacific Breweries, who was accused of cheating several banks in 2004.
Chia had cheated the banks of nearly $115 million by creating fictitious and forged documents in the company's name.
Koh's alleged accomplice, Lim Chai Meng, a former SLA manager, will also have his case transferred to the Supreme Court, following a similar application by the DPP.
The Supreme Court has, meanwhile, set up an independent panel to review its procurement processes and related internal controls.
The panel, which was set up in October, is chaired by Supreme Court Justice Quentin Loh.
Senior officers from two other Government bodies are also represented on the panel.
It is expected to make recommendations for improvements to such processes and controls.
Similar review panels have also been set up at the SLA and IPOS. -
HDB increase in price, and shrink in size.....
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I went to the showflat of 4rm HDB, so small !!! Yet sooo expensive !!!
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maybe you getting fatter, so seem small to you.
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Originally posted by Demon Bane:
People who are rich have good karma and done something good in their previous lives. People who are poor karma not very good....must do more good deeds.
The Poor wanted to do must good deeds...but the rich govt keep taking their effort and money away for their own good, so how? They are in need of some good deed from govt then giving, cos got nothing to give already. -
Originally posted by Demon Bane:
I went to the showflat of 4rm HDB, so small !!! Yet sooo expensive !!!
Expensive is good.
Singaporeans generally like expensive stuff.
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Originally posted by angel7030:
maybe you getting fatter, so seem small to you.
No lah, many people also feel that the sqft kana smaller and prices kept going up. -
sad to say....all ventures and interventions have the profit objectives...
remember, their perception is that economics is defined as the study of no free lunch....what public provider?
anti-speculation measures are essential and good....one side maintain, the other side earn.....a "talk-left-walk-right" policy would be apt
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Originally posted by Demon Bane: No lah, many people also feel that the sqft kana smaller and prices kept going up.
With inflation set to be at 6 to 7 % next year, coupled with oil price expecting to go up to US$110 and growth to be on a straight line, many in those working class is going to dig deeper into their pockets. -
Originally posted by Demon Bane: No lah, many people also feel that the sqft kana smaller and prices kept going up.
its not feel lah. its the truth -
Times are bad.
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Originally posted by charlize:
Times are bad.
The economy is growing, so the HDB flats will also be more expensive....
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well, economy getting better? how many of your actually feel it?
GDP figures are not true reflection of that. influx or foreigners into singapore can drive GDP figures up. on the otherhand, with so many PR and foreigners, it also drive up consumption and cause inflations. inflation is something we all feel. this is heartlands problems.
no point asking for HDB cost price. but rather property should be curb in singapore. afterall we are a small country with limited land space. foreigners pruchase of property wether HDB or private should be cap.
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I feel it, the ROI is quite good this year, even some may not be so good, but the dividend yields are fantastic.
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Originally posted by reyes:
well, economy getting better? how many of your actually feel it?
GDP figures are not true reflection of that. influx or foreigners into singapore can drive GDP figures up. on the otherhand, with so many PR and foreigners, it also drive up consumption and cause inflations. inflation is something we all feel. this is heartlands problems.
no point asking for HDB cost price. but rather property should be curb in singapore. afterall we are a small country with limited land space. foreigners pruchase of property wether HDB or private should be cap.
What to do ?
Some people want to make more and more money at the expense of everybody else.