<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
Coffeeshop Chit Chat - My HDB is now worth $550K but I fark PAP</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>8:32 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>47844.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD id=msgtxt_1 class=msgtxt>Author: KK
Comment:
I started working in 1991 with a starting pay just above $2K. I bought my executive flat in Jurong at about $230K in 1995. In another 4 to 5 years, I would have fully pay for my flat. My flat is worth more than $550K now but this is meaningless unless I downgrade to a much smaller flat or cash out and emigrate to another coiuntry.
I have 3 kids in primary school and I cannot imagined the world they will inherit in another 15-20 years time. Will they be paying $800K to $1 million for a 4-5 HDB flat? Will they be needing 40 to 50 years to fully pay for their flats? Will they be getting 3 to 4 times of my starting pay in order to afford a HDB flat?
The stories of each and every Singaporean, rich or poor, will determine the future of Singapore.</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Comment:
I started working in 1991 with a starting pay just above $2K. I bought my executive flat in Jurong at about $230K in 1995. In another 4 to 5 years, I would have fully pay for my flat. My flat is worth more than $550K now but this is meaningless unless I downgrade to a much smaller flat or cash out and emigrate to another coiuntry.
I have 3 kids in primary school and I cannot imagined the world they will inherit in another 15-20 years time. Will they be paying $800K to $1 million for a 4-5 HDB flat? Will they be needing 40 to 50 years to fully pay for their flats? Will they be getting 3 to 4 times of my starting pay in order to afford a HDB flat?
The stories of each and every Singaporean, rich or poor, will determine the future of Singapore.</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>