HDB 4-Rm Resale Flat Valuation $400K COV $50K Affordable?

[batman1]

HDB 4-Rm Resale Flat Valuation $400K COV $50K
Affordable to average Singaporeans ? NO
Affordable to rich New Citizens and PRs ? YES

KNNCCB to MIW! Always say Take care of citizens first ,yeah LAN CHEOW to MIW!

 

[halsey02]

HDB 4-Rm Resale Flat Valuation $400K COV $50K
Affordable to average Singaporeans ? NO
Affordable to rich New Citizens and PRs ? YES

KNNCCB to MIW! Always say Take care of citizens first ,yeah LAN CHEOW to MIW!

What they care about AFORDABLE, by the People's Affordable Party have you forgotten the "assets enhancement", "more GOod years" mantras by the previous PM?

Your flat bought at $xx,xxx is now $xxx,xxx plus $xx,xxx....your ASSESt is enhance, and with the money you now have, more good years for you to enjoy a Swiss Standard of Living.

 

[kitkat]

Look at it on the bright side:

HDB 4-Rm Resale Flat Valuation $400K COV $50K

Profit for Singaporeans flat owner ? YES
Big investment for rich New Citizens and PRs ? YES

When new Citizen bring money into Singapore it is good for Singapore economy or at least PM Lee gets to sing song.

The downside is new couple have problem buying resale flat, need parents help or stay with parents :(

 

[twinseeker]

to the MIW, the price of inflated HDB is peanuts. to them, the prices for HDB is dirt cheap. some of them can pay it off in cash, some by not more than 3x monthly installments, some at max 6x monthly installments.

 

[loudhailer]

HDB 4-Rm Resale Flat Valuation $400K COV $50K
Affordable to average Singaporeans ? NO
Affordable to rich New Citizens and PRs ? YES

KNNCCB to MIW! Always say Take care of citizens first ,yeah LAN CHEOW to MIW!

The MONGREL who bit his masters' hands LOUDHAILER chee soon juan and his reCHEEme will always present only one side of the story. How about the SINGAPOREAN (only Singaporean allowed to buy flat directly from HDB) who earned the $50K COV? The buyer is Singaporean but the seller is not Singaporean ah?