WTF???!!!!! A couple has to pay monthly installments of $2130 for a 4-room HDB flat that costs $555K ????

[Johnrambo]

https://tinyurI.com/ykwj9dt8

 

[JohnTan]

This looks really affordable. If the couple bought a condo instead, their downpayment and monthly installment would be much higher.

 

[batman1]

This looks really affordable. If the couple bought a condo instead, their downpayment and monthly installment would be much higher.

View attachment 112410

IF the couple got retrenched in this covid-19 pandemic ?

 

[bobby]

The bigger irony is that you pay but you are not the "legal" owner of the flat....you are just a long term tenant with no strata title.

 

[Loofydralb]

Get ur kids to migrate. This place is nonsense.

 

[zhihau]

The bigger irony is that you pay but you are not the "legal" owner of the flat....you are just a long term tenant with no strata title.

It’s upfront rental payment with interests

 

[kaninabuchaojibye]

no wonder retail biz will never flourish in sinkypura
haaaa
after buying hdb no more money left to spend
haaaa

 

[nirvarq]

Don't forget yr 1980s 4 room 80k, yr 2000 4 Room new flat is 180k now sell 550k who keep the money ? Then you can apply 2nd flat wor HDB allows buy twice. How many buy sell buy sell make at least 500k to 750k you get one free Condo already, many condos are 999 or freehold leh. <---------- These are the 61% wrong meh ?!

PAP Banzai ~~ !

 

[Loofydralb]

Don't forget yr 1980s 4 room 80k, yr 2000 4 Room new flat is 180k now sell 550k who keep the money ? Then you can apply 2nd flat wor HDB allows buy twice. How many buy sell buy sell make at least 500k to 750k you get one free Condo already, many condos are 999 or freehold leh. <---------- These are the 61% wrong meh ?!

PAP Banzai ~~ !

Yes it is wrong and PAP failed when 80% do not even have enough to satisfy the Basic Retirement Sum (BRS) upon reaching 55.
Again PAP is a FAILURE!

 

[bobby]

Don't forget yr 1980s 4 room 80k, yr 2000 4 Room new flat is 180k now sell 550k who keep the money ? Then you can apply 2nd flat wor HDB allows buy twice. How many buy sell buy sell make at least 500k to 750k you get one free Condo already, many condos are 999 or freehold leh. <---------- These are the 61% wrong meh ?!

PAP Banzai ~~ !

PAP Banzai....non CECA citizens Kamikaze.

 

[searcher1]

The PAP formula works ! If you follow the path which already prepared for you.
Get Educated, get a Job, get Married, Both working, total combine income $8,000
You are suppose to marry a Singaporean Woman, not Vietbu, Thai-bu, Pinoy.
If you deviate from PAP design path, you just throw stone at your own feet.
Worse is you cant keep up with the trend, whats left is be Food Delivery & PHV driver