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chris168 Senior	28-Apr-2011 13:41        chris168 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Cathy put it nicely. Robbed 80% of HDB dwellers of their asset values to suit, placate the much smaller percentage of jobless, first time buyer etc will not do. Use other means to help the needy if not already, if not doing enough then do more .... HDB have come this far there is no turning back. What with liquidity sloshing around and all those printed $$, you don't want your  property to plunge by 30-40% not becos of economic depression but becos of policy changes ... while others, looked beyond our shore ... maintained status quo?!! Bubblish property prices will not do. But to sell cheap will not do either.
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Laulan Master	28-Apr-2011 13:39        Laulan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why most eligible applicants for HDB flats prefer them to be cheaper so that they could afford to buy them and why many owners want not to lose money one their flats which is undue and unnecessary worry or else they are going to sell off to go away.  We can understand, and we should examine the reasons for their preferences. Poor people (This is real, there are plenty of poor people in Singapore except they shy to tell you they are poor.)  who are applying for HDB flats, new or resale, seldom meet HDB's qualifications.  This is because there is a criteria  based on salary and ability to pay.  You  are deemed  not capable to pay, you don't get one, you get me?  Don't say nobody is  that poor not to have a small deposit or some small amount in the  CPF or some petty subsidies, to be  unable to apply for a flat. There are many.  And don't forget, if you could bluff the HDB through, you cannot bluff yourself because your installment will always be in arrears and your flat would be repossessed by HDB. (Quite cruel to do this, but the HDB cannot don't possess because it is in their administration, rules of the game.  You can't pay you give back the house!) It is the same as buying a cheap car and an expensive car.  Ask yourself why didn't you buy a mercedes like he does, ok?  He can afford it, but many others cannot afford a mercedes but then they could forgo it to buy one cheap old ford car. (Low Pock Kar, hahaha).  But if you cannot afford a HDB, can you forgo to have one and just to rent on with its high rental resulting from high asset value?  Even if the rental is low, you should not be renting because it gets you nowhere in life and it is very taxing, 3 to 4 times the installment of owning a flat. PRs want the price of HDB and properties to go up because they can sell for a huge profit if prices continue to go higher.  Sometimes the profit can be sent back to the motherland for them to live a life of comfort if not for the rest of their lives because their money exchange rate is beneficial to them. Rich people want property prices to move up because they invested much in properties. So it is natural.  But we must do sometime to moderate the prices for new HDB flats, and try to figure out what to do with older flats.  Many  older estates have been enblocked for re-development and we can start looking for such plans of redeveloping the old estates, or upgrading them.  Most people would not like to sell their HDB flats because of saving the inconvenience of shifting.  So ministers, mps all must put on their thinking caps.  That is what they are paid for, although this is a no brainer if not anything. cathylmg      ( Date: 28-Apr-2011 12:58) Posted: Not if is in direct proportion to the average income of its citizens. out-of-the-box      ( Date: 28-Apr-2011 12:37) Posted: inflate property price or to push up HDB prices is a selfish way or getting assets rich as people of this generation live on future generation burden.. THINK AGAIN !!!
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Isolator Supreme	28-Apr-2011 13:31        Isolator About Contact  Quote this Post!   Mood: Yells: "STI is hard landing to below 2000..."
x 0   x 0  Alert Admin	Since when got anything that goes up and never come down.... Ideal only can have it in dream, and not reality... When Rich get richer, poor get poorer.... it will collaspe as there are more poor than rich....  This election, Opposition should be able to win at least 15-20 seats... lol
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cathylmg Elite	28-Apr-2011 12:58        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not if is in direct proportion to the average income of its citizens. out-of-the-box      ( Date: 28-Apr-2011 12:37) Posted: inflate property price or to push up HDB prices is a selfish way or getting assets rich as people of this generation live on future generation burden.. THINK AGAIN !!!
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out-of-the-box Senior	28-Apr-2011 12:37        out-of-the-box About Contact  Quote this Post!
x 0   x 0  Alert Admin	inflate property price or to push up HDB prices is a selfish way or getting assets rich as people of this generation live on future generation burden.. THINK AGAIN !!!
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cathylmg Elite	28-Apr-2011 11:45        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	You see? I remember reading the comic book when I was young. Mr Kiasu said: " So cheap...must be something wrong one!" LOL! yummygd      ( Date: 28-Apr-2011 11:40) Posted: anyway my last day of hope for my ziwo to come down to 30 cent. i think i better go zzz n dream about it. think e dividend of 0.01 rmb is peanuts. n no one wanna buy....haiz. i go chill liao. weather so bloody hot its not even funny
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yummygd Supreme	28-Apr-2011 11:40        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	anyway my last day of hope for my ziwo to come down to 30 cent. i think i better go zzz n dream about it. think e dividend of 0.01 rmb is peanuts. n no one wanna buy....haiz. i go chill liao. weather so bloody hot its not even funny
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yummygd Supreme	28-Apr-2011 11:37        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	good for u babe. what i dun understand is why people who kept saying they are poor n have a 3 room flat..refuse to rent out? I mean if i need e money i would. instead of just crying no money no money. I asked my mom to rent out her flat n come stay with me(since she is not working) but she didnt want too...guess she is not in need of money hahaha oh well.   yeah property aside what i super cant stand is e mils they are drawing..my eyes almost pop out. that one is something i can never agree too. but oh well imagine opp become ruling party? die..think market might crash den Isolator will be happy n no mango tree for him. cathylmg      ( Date: 28-Apr-2011 11:32) Posted: Its is an asset if you have cash flow coming in from it. And it did for me. From room rental. Somehow I feel all these stepping down is due to the lack of a better plan. You are absolutely right! They had better come up with a plan. A solution. A a widely acceptable answer among all classes. And my option is still open. yummygd      ( Date: 28-Apr-2011 11:23) Posted: hon unfortunately its not an assets. u r not richer because of it. but dun worry i am not against anything here i am just having a discussion on property(I thought..) I did mention devalue e whole of hdb is not e way to go didnt I? they have e heart(opp) but they also must come out with a better plan.
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cathylmg Elite	28-Apr-2011 11:32        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its is an asset if you have cash flow coming in from it. And it did for me. From room rental. Somehow I feel all these stepping down is due to the lack of a better plan. You are absolutely right! They had better come up with a plan. A solution. A a widely acceptable answer among all classes. And my option is still open. yummygd      ( Date: 28-Apr-2011 11:23) Posted: hon unfortunately its not an assets. u r not richer because of it. but dun worry i am not against anything here i am just having a discussion on property(I thought..) I did mention devalue e whole of hdb is not e way to go didnt I? they have e heart(opp) but they also must come out with a better plan. cathylmg      ( Date: 28-Apr-2011 11:17) Posted: In that case, its the whole system you are up against. Not the property issue alone. So don't bring property price into the picture prematurely. Oppositions should have enough of these issues to bring up. I will not vote for an  opposition  who promise to make me poorer by devalueing my assets. Don't ask me to scacrifice myself for the good of all Singaporeans. I am a human. I am selfish. And I am honest with myself
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yummygd Supreme	28-Apr-2011 11:23        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	hon unfortunately its not an assets. u r not richer because of it. but dun worry i am not against anything here i am just having a discussion on property(I thought..) I did mention devalue e whole of hdb is not e way to go didnt I? they have e heart(opp) but they also must come out with a better plan. cathylmg      ( Date: 28-Apr-2011 11:17) Posted: In that case, its the whole system you are up against. Not the property issue alone. So don't bring property price into the picture prematurely. Oppositions should have enough of these issues to bring up. I will not vote for an  opposition  who promise to make me poorer by devalueing my assets. Don't ask me to scacrifice myself for the good of all Singaporeans. I am a human. I am selfish. And I am honest with myself. yummygd      ( Date: 28-Apr-2011 11:08) Posted: Mah unfortunately he is a businessman thru n thru n his mind has only one thing how to make more money. its a fact. I don't think anyone else can be as uncaring as he is towards the people he is suppose to serve. U know what they will do next ?if he is taken off HDB? Since government says education is very cheap ...thats where he will go. n since we are first class, our house our roads our cars....next u will see education hitting the roof. I do think carefully hence i refused to take e chance. In my mind no one can F singaporeans more den Mah did or is doing. U know why he did not do anything to cater to the influx cause he see this as a good way of boosting singapore unsold land.Hence he adopted e wait n see .Not everyone buys LV bags or go on holidays or eat at fancy rest. Alot of Singaporeans have something that is very expensive n that is children. Rasin a kid in todays time is no joke everything is up especially school bus. I kena raise 2 times in one year for e past few years liao.  that time oil also not that high. i  think another increase is comin my way.   It goes up but never come down. Same as Pub. they give subsidy because they want people to vote for them but after elections? i bet they will increase it saying oil is at all time high.
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cathylmg Elite	28-Apr-2011 11:17        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	In that case, its the whole system you are up against. Not the property issue alone. So don't bring property price into the picture prematurely. Oppositions should have enough of these issues to bring up. I will not vote for an  opposition  who promise to make me poorer by devalueing my assets. Don't ask me to scacrifice myself for the good of all Singaporeans. I am a human. I am selfish. And I am honest with myself. yummygd      ( Date: 28-Apr-2011 11:08) Posted: Mah unfortunately he is a businessman thru n thru n his mind has only one thing how to make more money. its a fact. I don't think anyone else can be as uncaring as he is towards the people he is suppose to serve. U know what they will do next ?if he is taken off HDB? Since government says education is very cheap ...thats where he will go. n since we are first class, our house our roads our cars....next u will see education hitting the roof. I do think carefully hence i refused to take e chance. In my mind no one can F singaporeans more den Mah did or is doing. U know why he did not do anything to cater to the influx cause he see this as a good way of boosting singapore unsold land.Hence he adopted e wait n see .Not everyone buys LV bags or go on holidays or eat at fancy rest. Alot of Singaporeans have something that is very expensive n that is children. Rasin a kid in todays time is no joke everything is up especially school bus. I kena raise 2 times in one year for e past few years liao.  that time oil also not that high. i  think another increase is comin my way.   It goes up but never come down. Same as Pub. they give subsidy because they want people to vote for them but after elections? i bet they will increase it saying oil is at all time high. cathylmg      ( Date: 28-Apr-2011 10:29) Posted: You are allowed to take up to 30 years to pay up but that doesn't mean that you need 30 years to pay up. Note the difference. Just look at how much people spend on their ravish renovations and you know that actually these money can go to pay up the principle sum. Just to let you know, you can walk into HDB office anytime and pay any amount to reduce the principle sum. Also when you get pay bonuses, pay rise, what did you do with it? Spend on Christmas gift?    Go on long holidays? Buy LV bags? All these contributed to how long you need to pay up. Ah yes. Thats the motive:-   I dun need anything i just want MAH to step down..... But beyond that,  how about the consequence of the actions of   another fellow who take over him. Is it going to be gradual growth? Gradual decrease? Stabalising? Plunge the market? Think carefully.
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yummygd Supreme	28-Apr-2011 11:12        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	ermmm i thought we are discussin on property hence e issue has been harped. if not why are we having this conversation? cathylmg      ( Date: 28-Apr-2011 11:01) Posted: Thats what I'd like to hear instead of harping endlessly on the property  issues. Thumbs up for you!   choonmng      ( Date: 28-Apr-2011 10:54) Posted: Just my 2 cents. There is a huge diff between poor people due to their own laziness and poor people due to circumstances. The definition of poor have been long switch into that these people are poor because they do not self help themselves and thus landed in such state and thus the subsidy should not be attractive so that they do not have the option to be lazy. This mindset is fundamentally wrong and very fatal at times. There are poor people who does not have the option to work. However as a society the question is whether the help given is sufficient. The  definition  of " Sufficient" can vary but  ultimately  if we can provide 30-40% medical subsidy to PR, then hdb housing to PR (citizens get 30K to 40K rebate) then can we do more for the needy and poor or even the middle income people? Before we continue further how many of us really do know the policies and grants provided to the needy? Lets try this, have anyone ever tried just for a month and live off the amount base on the grants provided to these poor needy folk before commenting? Probably not otherwise many would not make such remarks. Many have mentioned that this is to ensure that we do not become a welfare state but the " distance" between a welfare state to a " humane" state are miles apart and made grey by many who can say big words. End of the day the fact of life is ... poor people are many on this island and little have been done. This is a fact. There are more opportunities to help the poor before we reach stage that they abuse the system.   Maybe instead of calculation from the perspective of how many people will abuse the system we should start from how many can benefit from the system instead. If we can help 10 and have 1 person abuse this and if this abuse is managable and not out of control wouldnt this help singapore into a better society? Lastly we may enjoy comfortable job and have decent income, happy family today. This can change in any min and ensuring a humane safety net also  adds to our own benefit as fate can do wonders and sadless in various times.
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Joe2020 Veteran	28-Apr-2011 11:11        Joe2020 About Contact  Quote this Post!   Yells: "I am the Oracle sent forth unto you that ye shall be warned"
x 0   x 0  Alert Admin	Guys Latest Video for you...Serious Election LOL http://www.youtube.com/watch?v=aDb3VVp7w20
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yummygd Supreme	28-Apr-2011 11:08        yummygd About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mah unfortunately he is a businessman thru n thru n his mind has only one thing how to make more money. its a fact. I don't think anyone else can be as uncaring as he is towards the people he is suppose to serve. U know what they will do next ?if he is taken off HDB? Since government says education is very cheap ...thats where he will go. n since we are first class, our house our roads our cars....next u will see education hitting the roof. I do think carefully hence i refused to take e chance. In my mind no one can F singaporeans more den Mah did or is doing. U know why he did not do anything to cater to the influx cause he see this as a good way of boosting singapore unsold land.Hence he adopted e wait n see .Not everyone buys LV bags or go on holidays or eat at fancy rest. Alot of Singaporeans have something that is very expensive n that is children. Rasin a kid in todays time is no joke everything is up especially school bus. I kena raise 2 times in one year for e past few years liao.  that time oil also not that high. i  think another increase is comin my way.   It goes up but never come down. Same as Pub. they give subsidy because they want people to vote for them but after elections? i bet they will increase it saying oil is at all time high. cathylmg      ( Date: 28-Apr-2011 10:29) Posted: You are allowed to take up to 30 years to pay up but that doesn't mean that you need 30 years to pay up. Note the difference. Just look at how much people spend on their ravish renovations and you know that actually these money can go to pay up the principle sum. Just to let you know, you can walk into HDB office anytime and pay any amount to reduce the principle sum. Also when you get pay bonuses, pay rise, what did you do with it? Spend on Christmas gift?    Go on long holidays? Buy LV bags? All these contributed to how long you need to pay up. Ah yes. Thats the motive:-   I dun need anything i just want MAH to step down..... But beyond that,  how about the consequence of the actions of   another fellow who take over him. Is it going to be gradual growth? Gradual decrease? Stabalising? Plunge the market? Think carefully.   yummygd      ( Date: 28-Apr-2011 10:11) Posted: rasing of wages? ermmm its actually up to e employers right?even if government say i agree to minimun wages senario how many will actually agree? den what about hdb new flats at 250k? ermmm i think no longer this price lor. new flats are at a discount of 10 -20 perfect of e resold flat value(in e MAH own mouth) so if resold keeps going up so will new flats. I understand buliding cost went up etc. if wanna do minimun wages den e people building e hdbs will be paid more den who will get it in e end? Im not saying devaluation of e whole of hdbs because it frankly doesn't make sense n in e end singaporeans will complaint more cause believe me we will not be e one to benefit. 3 to 5 years waiting for a unit that is a very long time. n when u get e unit what happen?U walk in n u start hearing mickey mouse theme song playing. 30 years to pay off one hdb flat..its a long time. I repeat HDB is not an asset unless u rent it out(which mean u r either lucky enough to have nice parents to allow u to squeeze in with them.) but we are paying asset pricing for it. Government is misleading the people. dun forget hdb only 99 years hor. not freehold okie. 750 k 800k resale of a hdb flat is not uncommon. I dun need anything i just want MAH to step down n begone haha he cannot make it go anywhere f anything up.
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KiKiKi Member	28-Apr-2011 11:06        KiKiKi About Contact  Quote this Post!
x 0   x 0  Alert Admin	are u running for election? i will cast my vote for u.. :) choonmng      ( Date: 28-Apr-2011 10:54) Posted: Just my 2 cents. There is a huge diff between poor people due to their own laziness and poor people due to circumstances. The definition of poor have been long switch into that these people are poor because they do not self help themselves and thus landed in such state and thus the subsidy should not be attractive so that they do not have the option to be lazy. This mindset is fundamentally wrong and very fatal at times. There are poor people who does not have the option to work. However as a society the question is whether the help given is sufficient. The  definition  of " Sufficient" can vary but  ultimately  if we can provide 30-40% medical subsidy to PR, then hdb housing to PR (citizens get 30K to 40K rebate) then can we do more for the needy and poor or even the middle income people? Before we continue further how many of us really do know the policies and grants provided to the needy? Lets try this, have anyone ever tried just for a month and live off the amount base on the grants provided to these poor needy folk before commenting? Probably not otherwise many would not make such remarks. Many have mentioned that this is to ensure that we do not become a welfare state but the " distance" between a welfare state to a " humane" state are miles apart and made grey by many who can say big words. End of the day the fact of life is ... poor people are many on this island and little have been done. This is a fact. There are more opportunities to help the poor before we reach stage that they abuse the system.   Maybe instead of calculation from the perspective of how many people will abuse the system we should start from how many can benefit from the system instead. If we can help 10 and have 1 person abuse this and if this abuse is managable and not out of control wouldnt this help singapore into a better society? Lastly we may enjoy comfortable job and have decent income, happy family today. This can change in any min and ensuring a humane safety net also  adds to our own benefit as fate can do wonders and sadless in various times.   cathylmg      ( Date: 28-Apr-2011 10:34) Posted: You have a point there. Middle income group is the most squeezed. With all the assistance and all the subsidies they give to the poor people, they are able to enjoy a  the same  thing without working. They might as well don't work! And that what I see in these people now adays. I'd say the the opposition party will do better concentrating on helping to up the pay package of the middle income group instead of playing with a double edge sword.
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cathylmg Elite	28-Apr-2011 11:01        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thats what I'd like to hear instead of harping endlessly on the property  issues. Thumbs up for you!   choonmng      ( Date: 28-Apr-2011 10:54) Posted: Just my 2 cents. There is a huge diff between poor people due to their own laziness and poor people due to circumstances. The definition of poor have been long switch into that these people are poor because they do not self help themselves and thus landed in such state and thus the subsidy should not be attractive so that they do not have the option to be lazy. This mindset is fundamentally wrong and very fatal at times. There are poor people who does not have the option to work. However as a society the question is whether the help given is sufficient. The  definition  of " Sufficient" can vary but  ultimately  if we can provide 30-40% medical subsidy to PR, then hdb housing to PR (citizens get 30K to 40K rebate) then can we do more for the needy and poor or even the middle income people? Before we continue further how many of us really do know the policies and grants provided to the needy? Lets try this, have anyone ever tried just for a month and live off the amount base on the grants provided to these poor needy folk before commenting? Probably not otherwise many would not make such remarks. Many have mentioned that this is to ensure that we do not become a welfare state but the " distance" between a welfare state to a " humane" state are miles apart and made grey by many who can say big words. End of the day the fact of life is ... poor people are many on this island and little have been done. This is a fact. There are more opportunities to help the poor before we reach stage that they abuse the system.   Maybe instead of calculation from the perspective of how many people will abuse the system we should start from how many can benefit from the system instead. If we can help 10 and have 1 person abuse this and if this abuse is managable and not out of control wouldnt this help singapore into a better society? Lastly we may enjoy comfortable job and have decent income, happy family today. This can change in any min and ensuring a humane safety net also  adds to our own benefit as fate can do wonders and sadless in various times.   cathylmg      ( Date: 28-Apr-2011 10:34) Posted: You have a point there. Middle income group is the most squeezed. With all the assistance and all the subsidies they give to the poor people, they are able to enjoy a  the same  thing without working. They might as well don't work! And that what I see in these people now adays. I'd say the the opposition party will do better concentrating on helping to up the pay package of the middle income group instead of playing with a double edge sword.
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choonmng Member	28-Apr-2011 10:54        choonmng About Contact  Quote this Post!
x 1   x 0  Alert Admin	Just my 2 cents. There is a huge diff between poor people due to their own laziness and poor people due to circumstances. The definition of poor have been long switch into that these people are poor because they do not self help themselves and thus landed in such state and thus the subsidy should not be attractive so that they do not have the option to be lazy. This mindset is fundamentally wrong and very fatal at times. There are poor people who does not have the option to work. However as a society the question is whether the help given is sufficient. The  definition  of " Sufficient" can vary but  ultimately  if we can provide 30-40% medical subsidy to PR, then hdb housing to PR (citizens get 30K to 40K rebate) then can we do more for the needy and poor or even the middle income people? Before we continue further how many of us really do know the policies and grants provided to the needy? Lets try this, have anyone ever tried just for a month and live off the amount base on the grants provided to these poor needy folk before commenting? Probably not otherwise many would not make such remarks. Many have mentioned that this is to ensure that we do not become a welfare state but the " distance" between a welfare state to a " humane" state are miles apart and made grey by many who can say big words. End of the day the fact of life is ... poor people are many on this island and little have been done. This is a fact. There are more opportunities to help the poor before we reach stage that they abuse the system.   Maybe instead of calculation from the perspective of how many people will abuse the system we should start from how many can benefit from the system instead. If we can help 10 and have 1 person abuse this and if this abuse is managable and not out of control wouldnt this help singapore into a better society? Lastly we may enjoy comfortable job and have decent income, happy family today. This can change in any min and ensuring a humane safety net also  adds to our own benefit as fate can do wonders and sadless in various times.   cathylmg      ( Date: 28-Apr-2011 10:34) Posted: You have a point there. Middle income group is the most squeezed. With all the assistance and all the subsidies they give to the poor people, they are able to enjoy a  the same  thing without working. They might as well don't work! And that what I see in these people now adays. I'd say the the opposition party will do better concentrating on helping to up the pay package of the middle income group instead of playing with a double edge sword. Farmer      ( Date: 28-Apr-2011 10:18) Posted: Just to interrupt a bit here: I think the logic of WP's proposal here is that it try to bring out the fact that current HDB home price has " overrun" , it should logically be pegged to the middle income gp's salary over the years - in the first place. The govt some how over-sight by enhancing it's value too fast.
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cathylmg Elite	28-Apr-2011 10:34        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	You have a point there. Middle income group is the most squeezed. With all the assistance and all the subsidies they give to the poor people, they are able to enjoy a  the same  thing without working. They might as well don't work! And that what I see in these people now adays. I'd say the the opposition party will do better concentrating on helping to up the pay package of the middle income group instead of playing with a double edge sword. Farmer      ( Date: 28-Apr-2011 10:18) Posted: Just to interrupt a bit here: I think the logic of WP's proposal here is that it try to bring out the fact that current HDB home price has " overrun" , it should logically be pegged to the middle income gp's salary over the years - in the first place. The govt some how over-sight by enhancing it's value too fast. cathylmg      ( Date: 28-Apr-2011 09:59) Posted: So you suggestion is to bring down the prices of the properties for this group of people. And if you bring down the price by 30% to 40%, are you sure they would still be able to afford? I think they should apply for rental flats from the government instead. My friend who is a housewife and husband working with a salary of $1700 who owns a 4-room hdb flats applied for  assistance from the cdac and got $50K of cash added into her CPF ordinary account. And what she did was to let the money keep in the cpf account instead of settling off her loan. Then qualify for all kind of subsidies from the schools to the water and electricities bills. I think there are people out there  doing the same thing too.  Whats wrong  with these people who constanting wanting help and never border to help themselve out of this situation?
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cathylmg Elite	28-Apr-2011 10:29        cathylmg About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are allowed to take up to 30 years to pay up but that doesn't mean that you need 30 years to pay up. Note the difference. Just look at how much people spend on their ravish renovations and you know that actually these money can go to pay up the principle sum. Just to let you know, you can walk into HDB office anytime and pay any amount to reduce the principle sum. Also when you get pay bonuses, pay rise, what did you do with it? Spend on Christmas gift?    Go on long holidays? Buy LV bags? All these contributed to how long you need to pay up. Ah yes. Thats the motive:-   I dun need anything i just want MAH to step down..... But beyond that,  how about the consequence of the actions of   another fellow who take over him. Is it going to be gradual growth? Gradual decrease? Stabalising? Plunge the market? Think carefully.   yummygd      ( Date: 28-Apr-2011 10:11) Posted: rasing of wages? ermmm its actually up to e employers right?even if government say i agree to minimun wages senario how many will actually agree? den what about hdb new flats at 250k? ermmm i think no longer this price lor. new flats are at a discount of 10 -20 perfect of e resold flat value(in e MAH own mouth) so if resold keeps going up so will new flats. I understand buliding cost went up etc. if wanna do minimun wages den e people building e hdbs will be paid more den who will get it in e end? Im not saying devaluation of e whole of hdbs because it frankly doesn't make sense n in e end singaporeans will complaint more cause believe me we will not be e one to benefit. 3 to 5 years waiting for a unit that is a very long time. n when u get e unit what happen?U walk in n u start hearing mickey mouse theme song playing. 30 years to pay off one hdb flat..its a long time. I repeat HDB is not an asset unless u rent it out(which mean u r either lucky enough to have nice parents to allow u to squeeze in with them.) but we are paying asset pricing for it. Government is misleading the people. dun forget hdb only 99 years hor. not freehold okie. 750 k 800k resale of a hdb flat is not uncommon. I dun need anything i just want MAH to step down n begone haha he cannot make it go anywhere f anything up. cathylmg      ( Date: 27-Apr-2011 22:09) Posted: What I'm saying is this is not the time to discuss about property issue. Because of 80%! I also said gradual increase of  property prices, and  raising the earnings of average Singaporean is more important then bringing down the whole property market. And also having a look at retirement plannings. Especially those of Australia ones, will put the opposition is a better position rather then picking on the wrong issue to argue about
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Farmer Master	28-Apr-2011 10:18        Farmer About Contact  Quote this Post! Style: Fundamental   Mood:
x 1   x 0  Alert Admin	Just to interrupt a bit here: I think the logic of WP's proposal here is that it try to bring out the fact that current HDB home price has " overrun" , it should logically be pegged to the middle income gp's salary over the years - in the first place. The govt some how over-sight by enhancing it's value too fast. cathylmg      ( Date: 28-Apr-2011 09:59) Posted: So you suggestion is to bring down the prices of the properties for this group of people. And if you bring down the price by 30% to 40%, are you sure they would still be able to afford? I think they should apply for rental flats from the government instead. My friend who is a housewife and husband working with a salary of $1700 who owns a 4-room hdb flats applied for  assistance from the cdac and got $50K of cash added into her CPF ordinary account. And what she did was to let the money keep in the cpf account instead of settling off her loan. Then qualify for all kind of subsidies from the schools to the water and electricities bills. I think there are people out there  doing the same thing too.  Whats wrong  with these people who constanting wanting help and never border to help themselve out of this situation?   Laulan      ( Date: 28-Apr-2011 09:14) Posted: That's why you don't understand the poor man's problem.   By poor I mean jobless, unemployed, low wage earners and those elderly but not too old who have little in CPF or savings, by luck, by circumstance or by fate landed them in such situation. On top of this there are also people from impoverished backgrounds, pure Singaporeans, average workers.   They don't have $5K in their CPF. OK, many newly weds in their 20s, 30s, don't have sufficient earnings/savings which are the primary qualifications to apply for a HDB flat in the region of $250K or more for new flats and $300 to $400K for old flats.   You think these growing population can afford, I doubt so. Thus WP's proposal has a logic. .
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