About HDB flats (part 2)!

Tiu Kwang Yew

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New property measures really works based on lower COV ?

When you sell your old flat, you engage the “HDB approved surveyor” to take a look and valuate the lease price !
This guy would factor the proximity to amenities as well as the furnishing of the flat that includes the basic renovation when he names the price right ! This is a normal procedure and so the actual value oredi valuated right !

You may ask why then the COV ? The coffee money ? COV is sellers want more money and the culture was born, and it is a wonder why HDB approves the system but out of the valuation which buyers cannot use CPF to pay, it is extra hot cash !

All the while, the COV has been hovering around 20 to 50k averagely, so what is the difference when you say the COV is at 20k----you still need hot cash to buy right !

We all know HDB flats oredi overpriced, but to convince you the system is fair, they ship in rich FTs to sustain the price !

HDB also collect the COV minus the deposit 5k to the seller , HDB then pay the full amount to the seller what the deal is done !

Why HDB is collecting the COV if buyer cannot use CPF to pay right ?

House valuation is oredi so impractically expensive , add on the daylight robbery” COV”, young voters who wish to buy resale lease are really HDB slaves ! Who are the winners and losers when you talk about COV, not to mention about the high valuation ? Paying the valuation oredi take 20 to 30 years if you are just normal guys , so after paying so, if your flat is a 30 yrs old one, it could have been 60 yrs of age by then right ?

What faith are you talking about ?You call COV , HDB upgrading, etc , a faith when common salaries are still very third world ?

COV is really a crazy thing born out of HDB like COE born out of LTA !
So you see, bright scholars are headhunted for these kind of jobs !

And Of course a view from the ivory is more serene than those at the HDB flats right !

What on earth is happening ----HDB price drops becos someone is voted out ! HDB flats must have built in straws with a political price ?

Oppo parties got the most things to talk about HDB flats, choose the facts and educate the voters ! Remember , focus on the voters !
 
Valuation and COV are all scams tactic used by HDB in justifying their pricing of already overpriced new flats.
 
Valuation and COV are all scams tactic used by HDB in justifying their pricing of already overpriced new flats.

Only peasants buy HDB flats and worry about useless things like COV and valuation :oIo:
 
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