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I agreed! The higher it goes, the more u cant sell, u sell and u buy higher(Renovation cost a bomb), u earn nothing, unless u sell away and stay with your old parent or kids house. Those next genernation new couple going to buy super exp flats with their little income and will had to pay for life till they die also cannot sell.
Rich people play property.
And property now play poor people.
Laulan ( Date: 21-Apr-2011 13:09) Posted:
Many people like me have bought HDB flats direct from HDB twice in 20 years. Now we can ONLY buy old flats (repeat, old flats from so called open market,i.e. second hand HDB flats). My flat current valuation is higher than my bought price, so theoretically I made a profit, asset value enhanced. But what use has it got for us? Probably just a sense of euphoria.
Theory, if I sell to buy one old flat from the open market, I probably have to pay more, with all the jass like stamp duties, commissions, renovations, etc. I won't profit us. So talking about asset, it is just theoretical, as I ask " where am I going to stay, if I sell without buying? It won't make me rich selling as I could not pocket a difference but instead it taxes my resources more and eats into my nest eggs.
I prefer my current flat to remain stagnant in price, rather than surging as an alternative purchase would not be feasible, since the bank also would refuse to lend me because of age and income. So buying is either out of question, or very difficult to achieve.
For younger families who have yet to buy old flats, at current standards, it might also be difficult. So they depend on HDB schemes of entitlement to buy new flats.
I really could not afford a private house since it would be in the region of millions of dollars loan. Will banks will lend a senior citizen to buy private or HDB properties? Big question that politicians must know and understand.
Politicians are not worried about their own ability because they have plenty of passive income from directorships all over the place. Each directorship easily gives them $200K a year probably free lancing. I read many of them have at least 5 such companies and that is a whopping more than $1 million a year in director fees alone. They have no problems staying in bungalows worth tens of millions. But don't know whether they understand the poor people's dilema living in fast paced Singapore with low income and lack of opportunity to make it big in the private world. Why not make affordabilty a priority for Singaporeans, I can't answer that!
That is my biggest worry.
pharoah88 ( Date: 21-Apr-2011 10:13) Posted:
Minister Mah’s three reasons
1. The Workers’ Party (WP) proposal to price new HDB flats lower than current levels will devalue existing flats.
2. The WP is against the asset enhancement policy. Why is the WP against upgrading programmes, which enhance the value of Singaporeans’ homes and enable the people to enjoy the fruits of Singapore’s progress?
Why does the WP want to push down the value of all existing HDB flats?
3. The WP’s proposal to lower flat prices by paying less for the land is an illegal raid on Singapore’s reserves. |
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Many people like me have bought HDB flats direct from HDB twice in 20 years. Now we can ONLY buy old flats (repeat, old flats from so called open market,i.e. second hand HDB flats). My flat current valuation is higher than my bought price, so theoretically I made a profit, asset value enhanced. But what use has it got for us? Probably just a sense of euphoria.
Theory, if I sell to buy one old flat from the open market, I probably have to pay more, with all the jass like stamp duties, commissions, renovations, etc. I won't profit us. So talking about asset, it is just theoretical, as I ask " where am I going to stay, if I sell without buying? It won't make me rich selling as I could not pocket a difference but instead it taxes my resources more and eats into my nest eggs.
I prefer my current flat to remain stagnant in price, rather than surging as an alternative purchase would not be feasible, since the bank also would refuse to lend me because of age and income. So buying is either out of question, or very difficult to achieve.
For younger families who have yet to buy old flats, at current standards, it might also be difficult. So they depend on HDB schemes of entitlement to buy new flats.
I really could not afford a private house since it would be in the region of millions of dollars loan. Will banks will lend a senior citizen to buy private or HDB properties? Big question that politicians must know and understand.
Politicians are not worried about their own ability because they have plenty of passive income from directorships all over the place. Each directorship easily gives them $200K a year probably free lancing. I read many of them have at least 5 such companies and that is a whopping more than $1 million a year in director fees alone. They have no problems staying in bungalows worth tens of millions. But don't know whether they understand the poor people's dilema living in fast paced Singapore with low income and lack of opportunity to make it big in the private world. Why not make affordabilty a priority for Singaporeans, I can't answer that!
That is my biggest worry.
pharoah88 ( Date: 21-Apr-2011 10:13) Posted:
Minister Mah’s three reasons
1. The Workers’ Party (WP) proposal to price new HDB flats lower than current levels will devalue existing flats.
2. The WP is against the asset enhancement policy. Why is the WP against upgrading programmes, which enhance the value of Singaporeans’ homes and enable the people to enjoy the fruits of Singapore’s progress?
Why does the WP want to push down the value of all existing HDB flats?
3. The WP’s proposal to lower flat prices by paying less for the land is an illegal raid on Singapore’s reserves. |
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IF EVERY PARLIEMENT ? ? ? ?
CANNOT ? ? ? ?
DON'T WANT TO ? ? ? ?
DARE NOT TO ? ? ? ?
CONTROL COST OF LIVING AND CUT PRICES AND INFLATION ? ? ? ?
DUMP THE PARLIEMENT ? ? ? ?
THE BIGGER THE PARLIEMENT ? ? ? ?
THE HIGHER THE COST OF LIVING AND PRICES ? ? ? ?
THE BIGGER THE INFLATION ? ? ? ?
SHRINK THE PARLIEMENT ? ? ? ?
fOr lOwer COST OF LIVING AND PRICES ? ? ? ?
and negatIve INFLATION ? ? ? ?
mY bIgGeST wORyY is U FORgET tO tAkE YouR PILLs & I aM SO CoNFUse NOw eH...(," ) (" ,)
O V E R H E A R D :
ALL OVER the WORLD ? ? ? ?
INFLATION AND COST OF LIVING ? ? ? ?
CONTINUE tO SOAR AND RAGE [SAR] ? ? ? ?
ALL PARLIEMENTS SAY THE CAUSES ARE EXTERNAL ? ? ? ?
ER AND THEN
PARLIEMENTS CANNOT DO ANYTHING ? ? ? ?
ER ER AND AND THEN
REGARDLESS HOW HIGH OR HOW LOW THE ALLOWANCE IS PAID ? ? ? ?
THE OUTCOME REMAINS THE SAME ? ? ? ?
BECAUSE ALL OF THEM HAVE NO SOLUTION ? ? ? ?
Students hurt as 6-year-old drops pistol
WHAT ABOUT ? ? ? ?
6-Year OLD
BRIGHT SPARKS CUTE CUTE PARLIEMENT ? ? ? ?
Governance, a serious business
Letter from Eric Tin Keng Seng
SINGAPORE is again at the crossroads of deciding the trustees of governance for the next five years. The electorate must make informed decisions.
Governance is a serious business to be undertaken only by those truly committed to improving the lives of our countrymen.
A political party should show how its candidates have demonstrated probity, ability and dedication in the service of the people.
Academic and professional achievements may be indicative of ability, but silent on one’s foremost loyalty. For instance, should party and constituency interests conflict, whose interest prevails and how will a candidate ensure that?
Candidates should also show us their cogency of reasoning, independence of thinking and superior quality of analysis with reference to specific policies — and not simply echo lofty ideals or politically-correct or attractive statements. Put simply, can they be entrusted with the role of voice of conscience and reason on behalf of the people?
The Opposition parties should show us, with reference to existing policies, why and how they can be improved through refinement or replacement.
The People’s Action Party should elaborate on the breadth and depth of thinking that has gone into existing policies that are under attack, and show us how these policies were carefully conceived and properly coordinated.
For example, could more prudent policies have avoided current concerns over the rising cost of living, stressful pace of life, loss of living space and younger Singaporeans losing their sense of belonging?
Are these concerns a reflection of poor resource planning, allocation and coordination?
Have we over-stretched ourselves in too many strategic directions, aiming to top everything but losing sight of bottomline priorities?
How can these concerns on the ground be addressed while ensuring the economic viability and competitiveness of a geographically small and uniquely placed nation-state with no hinterland?
Sending anyone into Parliament will determine our collective future for the next five years.
The onus is not only on the parties and their candidates to prove that they are deserving and trustworthy of the people’s mandate.
Dangerous ridiconcludes.
The onus is also upon those of us who can vote, to presume nothing but exercise our own judgment and right of universal suffrage reasonably, rationally and responsibly in the best interests of this place we call our home.
Of cOUrse
fOr
FREE HOLD LANDED PROPERTY In JB
EVEN If the PRICE FALLS ? ? ? ?
One Is stIll ? ? ? ?
THE OWNER ? ? ? ?
fOrever and ever and thereafter ? ? ? ?
pharoah88 ( Date: 21-Apr-2011 10:35) Posted:
ENHANCED BOOK VALUATION ? ? ? ?
fOr 99 YEARS ? ? ? ?
bUt stIll ? ? ? ?
ENDS at NOTHING ? ? ? ?
pharoah88 ( Date: 21-Apr-2011 10:20) Posted:
O V E R H E A R D :
When One Owns Only One 99-Year 1-Room HDB flat, ? ? ? ?
wOrth S$10 millions ? ? ? ?
One wIll dIe Of hUnger ? ? ? ?
dUe tO Extreme Cost Of lIvIng ? ? ? ?
befOre One can lIve OUt the 99 years ? ? ? ?
WHEN the flat value termInates at ZERO ? ? ? ? |
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ER, THEN ? ? ? ?
PAY ONLY
S$600 mOnthly allOwance tO ? ? ? ?
hIgh schOOl MPs ? ? ? ?
ER ER, AND THEN ? ? ? ?
that is HOW ? ? ? ?
cOst Of lIvIng and inflatIOn ? ? ? ?
wIll fall DEAD DEAD DEAD DEAD ? ? ? ?
ER ER ER, AND AND THEN ? ? ? ?
coffee and nasi lemak ? ? ? ?
wIll return tO Only 10 cents ? ? ? ?
hOw nIce ? ? ? ?
very nIce ? ? ? ?
niuyear ( Date: 21-Apr-2011 10:24) Posted:
likely to have POMP POMP GALS......" i want nobody nobody but " chiu" (you) ......................
pharoah88 ( Date: 21-Apr-2011 09:56) Posted:
fOr lIvely DEBATE
16 CANDLES
" HIGH SCHOOL PARLIEMENT"
? ? ? ? |
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ENHANCED BOOK VALUATION ? ? ? ?
fOr 99 YEARS ? ? ? ?
bUt stIll ? ? ? ?
ENDS at NOTHING ? ? ? ?
pharoah88 ( Date: 21-Apr-2011 10:20) Posted:
O V E R H E A R D :
When One Owns Only One 99-Year 1-Room HDB flat, ? ? ? ?
wOrth S$10 millions ? ? ? ?
One wIll dIe Of hUnger ? ? ? ?
dUe tO Extreme Cost Of lIvIng ? ? ? ?
befOre One can lIve OUt the 99 years ? ? ? ?
WHEN the flat value termInates at ZERO ? ? ? ? |
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likely to have POMP POMP GALS......" i want nobody nobody but " chiu" (you) ......................pharoah88 ( Date: 21-Apr-2011 09:56) Posted:
fOr lIvely DEBATE
16 CANDLES
" HIGH SCHOOL PARLIEMENT"
? ? ? ? |
|
FIRST WORLD PARLIEMENT ? ? ? ?
HIGH SCHOOL PARLIEMENT ? ? ? ?
SLEEPY PARLIEMENT ? ? ? ?
O V E R H E A R D :
When One Owns Only One 99-Year 1-Room HDB flat, ? ? ? ?
wOrth S$10 millions ? ? ? ?
One wIll dIe Of hUnger ? ? ? ?
dUe tO Extreme Cost Of lIvIng ? ? ? ?
befOre One can lIve OUt the 99 years ? ? ? ?
WHEN the flat value termInates at ZERO ? ? ? ?
Minister Mah’s three reasons
1. The Workers’ Party (WP) proposal to price new HDB flats lower than current levels will devalue existing flats.
2. The WP is against the asset enhancement policy. Why is the WP against upgrading programmes, which enhance the value of Singaporeans’ homes and enable the people to enjoy the fruits of Singapore’s progress?
Why does the WP want to push down the value of all existing HDB flats?
3. The WP’s proposal to lower flat prices by paying less for the land is an illegal raid on Singapore’s reserves.
fOr lIvely DEBATE
16 CANDLES
" HIGH SCHOOL PARLIEMENT"
? ? ? ?
fOr thOse whO lOve ? ? ? ?
swEEt yOUng thIng [SYT] ? ? ? ?
thIs Is yOUnger and swEEter ? ? ? ?
NEXT One
shOUld bE Only 16 candles ? ? ? ?
NEW pOlItIcal phase ? ? ? ?
NEW paradigma ? ? ? ?
" sprIng chIck" mentalIty ? ? ? ?
WHY " sprIng dUck" tOO ? ? ? ?
Those who migrated to USA, now seeing their greenbacks shrinking and shrinking and shrinking every day and now if they want to come back , but, their Male children didnt serve NS and they will be put on list as PR for may be 10 years or so?
Isolator ( Date: 20-Apr-2011 14:07) Posted:
Making Singaporean have the sense of belonging to the country is very important. Not sure how many Singaporean migrated to overseas every year... Why did they want to leave this World Class Country? |
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By Channel NewsAsia, Updated: 20/04/2011
GE: NSP unveils five new candidates for Marine Parade GRC
GE: NSP unveils five new candidates for Marine Parade GRC
Nicole Rebecca Seah Xue Ling
SINGAPORE: A
24—year—old advertising executive is among five new candidates that the National Solidarity Party (NSP) is introducing to contest at Marine Parade Group Representation Constituency (GRC).
24—year—old Nicole Rebecca Seah Xue Ling, an executive with advertising agency Starcom MediaVest Group, will also be the youngest candidate so far.
Ms Seah, who graduated from the National University of Singapore under the University Scholars’ Programme, said she will be addressing cost of living issues.
Her team members include 60—year—old Cheo Chai Chen, 63—year—old Ivan Yeo Tiong Boon, 29—year—old Abdul Salim Harun, and 31—year—old Spencer Ng Chung Hon.
Mr Cheo Chai Chen, who joined NSP in 2006, made his first foray into politics in 1988 with the Singapore Democratic Party. He was elected to Parliament as the Member of Parliament for Nee Soon Central Single Member Constituency (SMC) in 1991.
He is currently in the publishing business.
Another candidate, Mr Ivan Yeo is the Managing Director of an investment company. He has been a member of the Central Executive Committee of NSP since 1994.
A warehouse assistant at a logistics company, Mr Abdul Salim Harun, aspires to represent the working class, especially blue—collar workers. He was with the Workers’ Party in 2005, and was the youngest candidate in the 2006 General Election at the age of 24.
The fifth candidate is Mr Spencer Ng Chung Hon, the founder of an events company. He served in the Education Ministry from June 2003 to June 2006.
With this, the NSP looks set to go head—to—head with the People’s Action Party team that will be led by Senior Minister Goh Chok Tong at Marine Parade GRC.
The NSP had earlier announced that it would also contest Jurong, Chua Chu Kang and Tampines GRCs.
—CNA/ac
By Channel NewsAsia, Updated: 20/04/2011
S$600m town renewal plan unveiled for Nee Soon GRC
S$600m town renewal plan unveiled for Nee Soon GRC
S$600m town renewal plan unveiled for Nee Soon GRC
SINGAPORE : Residents in the newly—created Nee Soon Group Representation Constituency (GRC) will see their estates rejuvenated to the tune of more than S$600 million, under the area’s five—year town renewal plan.
Key in the plan is the transformation of Yishun Town Centre into a lifestyle hub.
There will be new shopping, dining and entertainment options, recreational facilities, as well as an air—conditioned bus interchange.
In addition, the Yishun Pond will be transformed into an urban oasis in the vibrant Yishun Town Centre.
More flats in the constituency will also undergo lift upgrading and refurbishment works.
A total of 10,000 public and private housing units will be built in Nee Soon GRC.
Four primary schools in the vicinity will be upgraded and the connectivity to Nee Soon GRC will be further enhanced when the proposed Thomson MRT Line and the North—South Expressway are completed.
Home Affairs and Law Minister K Shanmugam said: " If you ask the residents how important it is for them, they will tell you it’s extremely important. It increases, enhances the value of their flats, and makes it much easier for them to get in."
In the last few of days and weeks leading up the General Election, constituencies like Aljunied, Hong Kah and Holland—Bukit Timah have been busy unveiling multi—million dollar town renewal plans or launching new community facilities for residents.
— CNA /ls
dOes sIngapOre have
" FIrst wOlrd ParlIement"
? ? ? ?
WHY nOt ? ? ? ?
