BTO or resale? Location?
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HDB for home stay?
- Thread starter zhihau
- Start date
HDB would need a lot of extra cash and loans to buy back HDB flats at the current value. I'm not sure if HDB would have billions of spare cash lying around. There are such property companies around like Zillow who buy private property from homeowners, hold it in their inventory for a while before reselling it other people. It's risky business.
Besides, based on current value, BTO buyers still get to cash out well if they sell their BTO flats from Queenstown or Clementi after the MOP.
That rule has been in place for many years already. Overwhelming majority of sinkies living in HDB flats do not own a second property. The issue is more tricky when sinkies marry PRs and form a family unit with them in Singapore. There is a possibility that those PRs may have direct interests in property back in their home countries.
with the removal of these speculative and investive elements of HDB, would the prices of future HDB be sky high? still need cooling measures?
HDB property prices rise over time because it is generally attractive to live and work in Singapore. Oppies just hate to admit that fact.
It's an open secret the residential property prices are much lower in JB. Yet, there is no overwhelming demand for JB condos or landed property. That tells you a lot of what people on the ground think about the prospects of Johor and jiuhu.
99 years is literally 99 years. Oppies are making 99-year lease sound like it is a 2 year rental lease. Perhaps you should get a more realistic perspective of what 99 years really means.
Reminds me of the Patek ad.
"You never actually own a HDB, you merely look after it for the next generation."
Difference is HDB is worth $0 after 99 years but the Patek is still worth a few hundred grand.
"You never actually own a HDB, you merely look after it for the next generation."
Difference is HDB is worth $0 after 99 years but the Patek is still worth a few hundred grand.
Does a Patek cost half a mil?
Just checked, got woh...
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Bto price, not even in central area
I've never understood the appeal of a Patek. It looks old. Instantly ages whoever's wearing it. They're not like Rolexes that are supposed to be durable and everyday wear friendly. Some kinda prima donna watch. I can't stand prima donnas...
@glockman. you have an opinion on this?
zhihau. if you think about it it's scary. It's like some kinda scheme to vacuum up CPF funds with all these incentives.
did tiongland learn from PAP or the other way around? I was under the impression that there's a tendency for commies to nationalize all property and then disburse them as lodgings as long as they obeyed the state.
holey moley! you are making absolute sense!
A patek is high horology. Very well made, understated elegance, and they are gorgeous watches. Rolexes are like mercedes, Pateks are like rolls royces. I like the Aquanaut, but still waiting to strike TOTO or 4D first.I've never understood the appeal of a Patek. It looks old. Instantly ages whoever's wearing it. They're not like Rolexes that are supposed to be durable and everyday wear friendly. Some kinda prima donna watch. I can't stand prima donnas...
@glockman. you have an opinion on this?
looks appropriate on me when I'm 70+ .... I think a Rolls Royce is pretty darn useless.A patek is high horology. Very well made, understated elegance, and they are gorgeous watches. Rolexes are like mercedes, Pateks are like rolls royces. I like the Aquanaut, but still waiting to strike TOTO or 4D first.
In truth, many luxury things are useless. Most of us can exist happily with a Casio and the MRT.looks appropriate on me when I'm 70+ .... I think a Rolls Royce is pretty darn useless.
chinkland sells their apartments for 70 year lease. In Beijing and Shanghai, 70 year lease apartments. Housing costs range from around S$900 to S$1800 psf in Shanghai.
In Singapore, HDB resale flats are selling for about S$550 psf.
Oppies still think housing prices in Singapore is unrealistically high?
Chinkland has plenty of land and even more vacant buildings. Sinkiestan got what? swim in the sea?
You can always get the cheong version from AliExpress.looks appropriate on me when I'm 70+ .... I think a Rolls Royce is pretty darn useless.
Deng Xiaoping came to stinkapore in 1978 and has 4 countries to learn from on how to squeeze your people dry. After much deliberation, it is concluded that stinkapore fits the bill perfectly. After all, it's more appropriate from one dictator to learn from another.
If you read Chinese, you can slowly digest the articles below.
http://cpc.people.com.cn/n1/2018/0828/c69113-30255620.html
https://opinion.huanqiu.com/article/9CaKrnJEyWu
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HDB must be allowed to be resold in the open market, especially for male Singapore citizen as it is considered an entitlement privilege for serving your National Service for the country. I have always found that those who are against this are themselves to be blamed for not taking advantage of your Singapore citizenship's privilege. Besides, a Singapore citizen is only allowed to buy new HDB flats twice in his/her lifetime and the second purchase even has to be an upgraded HDB. This is already sufficient restriction. Enough said.
It's all about "make me feel good".In truth, many luxury things are useless. Most of us can exist happily with a Casio and the MRT.
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