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Do you know why things are expensive in SG?

NoNewsGood

Alfrescian
Loyal
If enough tenants move out, the landlord will have no choice but to lower the rent.

The problem is there are those who are willing to pay the high rent, thus the problem continues.
 

Narong Wongwan

Alfrescian (Inf)
Asset
If enough tenants move out, the landlord will have no choice but to lower the rent.

The problem is there are those who are willing to pay the high rent, thus the problem continues.
Same same if enough vote against the PAP then we wont get daily arsefucks...
But sadly 60.1% finds it bearable...
 

winnipegjets

Alfrescian (Inf)
Asset
It is time to do more biz online ...let those greedy landlords rot ...we know that those landlords are well connected to the PAP and will get the PAP to do their bidding.
 

moolightaffairs

Alfrescian (Inf)
Asset
nothing new, u try ask around those shops and food stalls. lanjiao then 30% of total cost!!! rental usually is 70% of the monthly turn over!!! work like hell all pay rent and only get 2k plus only and sometime less! no leaves, cannot fall sick and every month stress. big and small business all the same. all the fucking greedy bastard pap GLC!!! vote them out!!!
 

tua lam pah

Alfrescian
Loyal
The PAP are the root cause of the high rent anyway, They are not addressing it because they are making too much money in the property market now. Let me paint this picture to you.

The PAP expropriate land and pays the owners pennies on the dollar. They rezone the land and than eventually sells it to developers. But they set a minimum floor price on the land that is 1000 times more than what they paid for it when they expropriated it. The developers buys this marked up land from the govt., and than has to build a new shopping centre on the land. As you have mentioned, all the costs are high in SIngapore. Maybe labour is a little bit cheaper because they high foreign workers, but must still pay visa fees for them. In the end, shopping centre is build, but it costs a lot. How to recover the investment? Well. must charge more rent, right?

But wait, the shop owners must have the good number of customers, otherwise they will go broke paying the rent. Don't worry about that, the PAP will take care of that for you. Let in more and more people lah. 5.5 million not enough, can go to 6.9 million. Inside City Square, there is NTUC and all that, sure got more foot traffice when more people are allowed into the country. In addition to all that, so many GLCs are property developers, as well, many MIW and PAP elite own commercial property. Arethey interested in seeing the rent increase? Of course. They just wait for people like City Square to raise the rent and than use that as a guideline for their own rental increases too.

Ask yourself something. If the HDB sells u a flat at actual cost, than you would be paying maybe $80,000 for a 4 room flat. Your mortgage would be only $60K, and your monthly payment is about $600 a month. If you only have a mortgage payment of $600 a month, can you afford to take a $1500 job and still survive? Sure you can you. If you can afford a $1500 job a month and survive, than do we still need low cost imported FTs to remain competitive? No, we don't.

These are the implications of the fucking PAP policies. People need to open their eyes and wake up their ideas.

absolutely spot on!!!!
 

Kinana

Alfrescian
Loyal
If enough tenants move out, the landlord will have no choice but to lower the rent.

The problem is there are those who are willing to pay the high rent, thus the problem continues.


You are absolutely correct. There are no empty shop lots, consumer demand is still very high and that's what drove up the rentals.
 

winnipegjets

Alfrescian (Inf)
Asset


You are absolutely correct. There are no empty shop lots, consumer demand is still very high and that's what drove up the rentals.

You are just so entertaining. The property market - rental and sales - are being manipulated. Like all bubbles, this is going to blow up eventually. 50 percent fake wealth get wiped out would be be too mild ...maybe 70 percent.

Face it, the PAP has no bloody clue on how to resolve the problems it created ...so, if you can't fixed it, dig a deeper hole. So, they are betting that sinkees are stupid and buy all the bs. So far, that is not working. How are you advising them?
 

Tuayapeh

Alfrescian (InfP)
Generous Asset
Reality to him is daily never ending dosages of wrinkled balls and sweaty perineums.


as well as thick wads of funky smegma and creamy facials.....

stick your snaky tongue out to swipe up some of that nutritious goodness you love so much bitch!!!!!
 
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jw5

Moderator
Moderator
Loyal
as well as thick wads of funky smegma and creamy facials.....

stick your snaky tongue out to swipe up some of that nutritious goodness you love so much bitch!!!!!

No need to get so excited.
I still prefer disagreeement to deception, which means Kinana could still be one notch above you.
 
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