- Joined
- Feb 14, 2009
- Messages
- 1,589
- Points
- 48
Take a look at the measures ---
Cooling measures
So how will the new cooling measures affect you? Well, it only affects those who already have a home and not first-time homeowners.
For those of you selling your flats within the first three years, a stamp duty will be imposed, up from one year.
Mr Tiu ::: Think about it, 2 to 3 years, where got profit right ! Only those who have stayed for at least 10 years or more are making the noise right !
If you currently live in an HDB flat and want to buy another, you need to pay 10 percent cash up front, up from the original 5 percent. In addition, you can only borrow up to 70 percent of your HDB flat value, down from 80 percent.
Mr Tiu: Then upgraders die cock stand or die cunt open right !
For those of you who already own an HDB flat and want to buy a private property, you are not allowed to buy during the minimum occupation period (MOP) which has been increased from three years to five years.
Mr Tiu : 3 to 5 years nothing…..got money can wait….after that, is passive income cumming right !
For those of you who already own a private property and want to buy a non-subsidised HDB flat, you must sell your current property within six months from the date of your flat purchase.
Mr Tiu : So what, the most the investors buy private condos lor ! For downgraders , it is Ok right !
There’s also good news for the sandwiched class as those earning between $8,000 to $10,000 a month can now buy new Design Build and Sell Scheme (DBSS) flats with a $30,000 CPF Housing grant.
Mr Tiu;; Let be honest, locals with 10k per month is hard to come by ….this is just a small group only, most locals work with 2 to 3k , live from hand to mouth ! This will benefit the new citizens in this band !
The MOP has also been increased for non-subsidised flats from three years to five years. This would deter speculators from flipping their properties and denying an opportunity for those in dire need of a home.
All the measures nothing what ! The price will still go up, becos the root problem is not addressed yet !
If you want to really cool the market especially the HDB market ….this can be solved easily.
PRs who wish to buy HDB resale must at least be PRs for 10 years in sinkapore then can buy HDB resale flats !
New citizens must at least be new citizens for 3 years before can buy new HDB flats, but they can buy HDB resale flats !
Quotas for FTs on private property !
If you don’t address the root problem, you only compound more problems !
It is unlikely PAP will address housing problems at the root becos afraid to lose votes will continue to haunt sinkapore !
Think about it, public housing built by CPF money, how can let FTs buy right, not fair right !
Also HDB must show the construction costs less the land cost !
Mean while ….The HDB price and COV will remains high…..misery still hovers right !
Like this, better throw away the measures right ! wasting time following HK or others, becos they are not uniquely sinkapore right !
Tragic !
Cooling measures
So how will the new cooling measures affect you? Well, it only affects those who already have a home and not first-time homeowners.
For those of you selling your flats within the first three years, a stamp duty will be imposed, up from one year.
Mr Tiu ::: Think about it, 2 to 3 years, where got profit right ! Only those who have stayed for at least 10 years or more are making the noise right !
If you currently live in an HDB flat and want to buy another, you need to pay 10 percent cash up front, up from the original 5 percent. In addition, you can only borrow up to 70 percent of your HDB flat value, down from 80 percent.
Mr Tiu: Then upgraders die cock stand or die cunt open right !
For those of you who already own an HDB flat and want to buy a private property, you are not allowed to buy during the minimum occupation period (MOP) which has been increased from three years to five years.
Mr Tiu : 3 to 5 years nothing…..got money can wait….after that, is passive income cumming right !
For those of you who already own a private property and want to buy a non-subsidised HDB flat, you must sell your current property within six months from the date of your flat purchase.
Mr Tiu : So what, the most the investors buy private condos lor ! For downgraders , it is Ok right !
There’s also good news for the sandwiched class as those earning between $8,000 to $10,000 a month can now buy new Design Build and Sell Scheme (DBSS) flats with a $30,000 CPF Housing grant.
Mr Tiu;; Let be honest, locals with 10k per month is hard to come by ….this is just a small group only, most locals work with 2 to 3k , live from hand to mouth ! This will benefit the new citizens in this band !
The MOP has also been increased for non-subsidised flats from three years to five years. This would deter speculators from flipping their properties and denying an opportunity for those in dire need of a home.
All the measures nothing what ! The price will still go up, becos the root problem is not addressed yet !
If you want to really cool the market especially the HDB market ….this can be solved easily.
PRs who wish to buy HDB resale must at least be PRs for 10 years in sinkapore then can buy HDB resale flats !
New citizens must at least be new citizens for 3 years before can buy new HDB flats, but they can buy HDB resale flats !
Quotas for FTs on private property !
If you don’t address the root problem, you only compound more problems !
It is unlikely PAP will address housing problems at the root becos afraid to lose votes will continue to haunt sinkapore !
Think about it, public housing built by CPF money, how can let FTs buy right, not fair right !
Also HDB must show the construction costs less the land cost !
Mean while ….The HDB price and COV will remains high…..misery still hovers right !
Like this, better throw away the measures right ! wasting time following HK or others, becos they are not uniquely sinkapore right !
Tragic !
Last edited:
