Khaw did not screw UOB at all.
What UOB did wasn't wrong either. They are simply making an offering to the market, you can take their 10, 20, 30, 40 0r 50 year loan, its up to consumers to take it up if they wish.
i don't anyhow make things up, i seen photographs of billionaire wees posing together with the papaya members, their body language says a lot that they are uncomfortable with one another, even old man wee and lhl..
i have kept the pictures for future reference...tsk...![]()
Good, that means they are independent of each other. Great!
Would you rather they cosy up to each others like they do in the US and end up really screwing the country?
they should work together to enhance their own pockets mah...:p
But they don't, the govt work in teh best interest of all singkies. Good.
HDB flat prices should be reduced by at least 50 percent! We want to enjoy the real subsidy, ie, the cost plus a 2 percent mark-up, not the accounting subsidy currently used.
if housing is affordable, sinkies would not take 20-50 year loans. khaw think sinkies like loan is it? sinkies just want a roof over their heads. why make it so difficult?
if housing is affordable, sinkies would not take 20-50 year loans. khaw think sinkies like loan is it? sinkies just want a roof over their heads. why make it so difficult?
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Khaw advises Singaporeans against taking up 50-year housing loans
By Chia Yan Min
In the midst of global economic uncertainties, Singaporeans should exercise prudence and spend within their means, said Minister for National Development Khaw Boon Wan.
He also advised Singaporeans against taking up 50-year housing loans, which at least one bank has recently started offering.
"There is now some gimmick, a bank offering 50 year loans. Please don't fall for that, it doesn't make sense," said the Minister, adding that Singaporeans should spend within their means.
Last month, The Straits Times reported that United Overseas Bank (UOB) has started offering home loans that span 50 years, likely the longest-term loan available here. Said Mr Khaw: "If you immediately come out from school and want to get a five room flat, and you think a 50-year loan will help you achieve that, I don't think that is very wise."
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later ah boon also ask HDB to offer 50 to 100 years loan , how ?
like that sure win one ...
every can afford a home ...
60% then become 80%
wrong!!! they help themselves and their own cronies first, to get rich first before distributing $250/- and $400 /- "sweets" to ordinary sinkies. where got civil servants in the world get so well paid one, correct me if i am wrong!![]()
Why are people so easily impressed by the Wayang King???
If Cow can be trusted, sheeps can fly.
Really? Do you have proofs? Tell us about it is detail sir.
you mean you have no proofs? Got proofs then say la.