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- Aug 6, 2008
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So shortie Mah what more are you going to say? This fucking foreigners takes up PR and push up the prices of our HDB with high COV...
Obvious that these FTrash are speculating in HDB PHoles!
My son's neighbour just sold his 5-rm flat to a PRC couple....... the flat was valued at 588K and they paid almost 660K for it + another 30K COV..... and this couple are hawkers running a ban mian stall in a coffeeshop.
They came over in 2000 when the hubby got a job as a technician in a GLC.... got their PRs 2 years later and started the ban mian stall in 2003 with the hubby quitting his technician job.
They intend to rent out the 5-rm flat and return back to PRC permanently before CNY next year....... using the rental to cover the mortgage and their living expenses...... they claim their whole family of 7 can live comfortably on the rental without having to work anymore and even save some of it.
And I thought HDB flats were meant for citizens living here. :(
I propose that we have a law that states that PRs MUST convert to SG citizenship within Xx years of obtaining a HDB flat or the gahmen will take back the flat from them.
Dear Frens,
one of the solutions to this problem of PRs etc hiking up the price of HDB is easy. This is just my 2 cents worth.
1) All PRs who rent out the HDB flats are to be taxed 50% to 80% on rental amount. This will limit the amount of outflow from the economy. And minimise most of the excess demand created by these people which have caused the increased in prices.
2) All HDB flats who are rented out by PRs must be sold if its rented for more than 3 years.
3) PRs who sell their HDB flats are to be taxed 50% of the profit.
4)To avoid such penalties, they can take up singapore citizenship.
5) The taxation income gathered will be used to build more flats of higher quality and to subsidise Singaporeans who buy HDB flats
Comments please
It is such abuses that the gov should investigate....no different from buying a private property and renting it out for income..
:oIo::oIo::oIo::oIo:FUCK YOU HDB WAKE UP YOUR FUCKING IDEA:oIo::oIo::oIo::oIo:
You only know how to type online, and do nothing offline. Talk so much for what, just shut up... loser.