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My local anneh colleague say he went to view resale flat which can only sell to minorities, but CECA seller expecting Chinese buyer level price!

in3deep

Alfrescian
Loyal
Apparently they got no viewers for flat other than him since Chinese cannot buy but the CEcA insistent that he be paid the going rate for a Chinese flat!
 

blackmondy

Alfrescian (Inf)
Asset
Who did he vote for?
ghandi-2182781543.jpg
 

eatshitndie

Alfrescian (Inf)
Asset
this type of resale flats has low customer base, low demand, and will therefore remain lowly priced much like retirement community homes in californicate where you must be over 55 to buy one. an equivalent home outside of the community can sell for $1.69m while one inside sells for $699k. $1m difference.
 

bigozt

Alfrescian
Loyal
Flat quotas are meant to ensure racial enclaves or ghettos do not form in SG, ironically, through systemic racism or affirmative action, however you see it.
 

in3deep

Alfrescian
Loyal
this type of resale flats has low customer base, low demand, and will therefore remain lowly priced much like retirement community homes in californicate where you must be over 55 to buy one. an equivalent home outside of the community can sell for $1.69m while one inside sells for $699k. $1m difference.
low customer base, low demand but CECA wants premium chinese pricing

CECA seems like dunno how demand and supply works
 
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