Yes, I also believe. The gov. is so noble, it should raise the flat prices by another $300K each to reduce the deficit.
You believe HDB suffers a deficit of $2 billion ?
- Thread starter Man in the streets
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You are all not five-year olds. Wake up and smell the shit!
When someone doesn't want to tell you the truth on something as important as affecting 30-40% of your income for the next 30 years. When the same person gives you story after story that has no head and no tail and always refuses to tell you the truth. Do you still believe in such a person?
Kick these pappy bastards out of government. The PAP knows very little about governing a country under democratic principles and that is the whole truth. ALl the PAP knows is how to engage an entire populace into perpetual zombie-like state and to enhance the lives of a group of people that support them.
The PAP is a fascist political party and there should be no thoughts about this as it is crystal clear that their actions and principles are fascist in nature.
We will hang the $2billion on Mahbok Tan's head from now until the next GE. WHenever you see Mah or any PAP MP, you give them the sternest most shitty look you can give to another human being. Let them know how disgusted you are with them as human beings and as politicians.
When someone doesn't want to tell you the truth on something as important as affecting 30-40% of your income for the next 30 years. When the same person gives you story after story that has no head and no tail and always refuses to tell you the truth. Do you still believe in such a person?
Kick these pappy bastards out of government. The PAP knows very little about governing a country under democratic principles and that is the whole truth. ALl the PAP knows is how to engage an entire populace into perpetual zombie-like state and to enhance the lives of a group of people that support them.
The PAP is a fascist political party and there should be no thoughts about this as it is crystal clear that their actions and principles are fascist in nature.
We will hang the $2billion on Mahbok Tan's head from now until the next GE. WHenever you see Mah or any PAP MP, you give them the sternest most shitty look you can give to another human being. Let them know how disgusted you are with them as human beings and as politicians.
Z
Zombie
Guest
This was what I thought:
Selling price of flat:.................................... $xxx,xxx
less:
cost of land:..................... $xxx,xxx
cost of construction:.......... $xxx,xxx
administrative costs:.......... $xxx,xxx
................................................................$xxx,xxx
...............................................................($2,000,000,000)
But apparently it is not like that
because it has nothing much to do with that...
since it is a provision treatment... like bad debt provision which is a provision you make now for something you may not be able to collect (ie a pending loss) in the future...
Provisioning is accounting rule.
But eventually when they sell you the flat they will book a loss. And the loss is based the market value of similar type property subtract price they sell flat to you for.
But eventually when they sell you the flat they will book a loss. And the loss is based the market value of similar type property subtract price they sell flat to you for.
because it has nothing much to do with that...
since it is a provision treatment... like bad debt provision which is a provision you make now for something you may not be able to collect (ie a pending loss) in the future...
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