Comments on: Cost of building HDB flats – finally an answer?

By: HDB flat sizes same same as 15years ago... Do you believe? - Page 3 - BMW-SG - The BMW Singapore Community

Fri, 04 May 2012 03:23:54 +0000

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By: Ola Magic

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By: Jannie Mathys

Jannie Mathys — Wed, 11 May 2011 17:36:02 +0000

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By: Willie Ruffin

Willie Ruffin — Tue, 10 May 2011 14:20:28 +0000

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By: It is time for change, Singapore « Public Housing in Singapore

It is time for change, Singapore « Public Housing in Singapore — Tue, 18 May 2010 12:37:20 +0000

[...] the problems are widely covered by Gerald Giam, Goh Meng Seng, Leong Sze Hian, Ng Kok Lim, Tan Kin Lian and Andrew Loh, among many others. I shall not repeat what was already [...]

By: One BIGGY Question for MBT & his govt!

One BIGGY Question for MBT & his govt! — Sat, 09 Jan 2010 13:00:40 +0000

IF 85 PERCENT of Singaporeans live in PAP government’s HDB PUBLIC HOUSING flats for the Working Class Singaporeans – WHERE DOES the “HEAVILY-SUBSIDIZED” Monies come from? The other 15%???

And will it be too much to put 50 PERCENT to the “HEAVILY” H Word since it should mean more then what Singaporeans actually pays for their HDB flats for that word to make any meaningful sense at all

By: tiredsingaporean

tiredsingaporean — Fri, 08 Jan 2010 14:51:02 +0000

This “land cost” is nothing more than the government ripping all those extra billions out of the citizens pockets.

By: AffordableFerrari

AffordableFerrari — Fri, 08 Jan 2010 14:13:20 +0000

I don’t see why “land cost” is factored in. These are government housing built on state land that has been set aside for housing the population. We are tax paying citizens and these are LEASED flats. No matter what they say, HDB still owns the flats, not us.

This “land cost” is nothing more than the government transfering money from one pocket to another.

By: Yap Kaii Yeow

Yap Kaii Yeow — Tue, 05 Jan 2010 02:47:58 +0000

While the govt recently started launching new flats, they are ignoring the fact that singles are still being priced out from home ownership.
If this attitude persists, Singles should demand that the govt in future promises to supply cheap, subsidized rental flats to Singles should such policy back-fire.

By: Shan

Shan — Sat, 02 Jan 2010 02:15:44 +0000

The govt looks for quick solutions: Singaporeans are used as batteries. Once they run out, and instead of investing time in charging them up, they are simply thrown away and new ones bought. ( From China and India – very cheap ones that won’t last )

By: Single DISCRIMINATED

Single DISCRIMINATED — Sun, 11 Oct 2009 14:19:52 +0000

As a SINGLE above 35 myself, I should like to urge the government to stop HDB discriminating policy against SINGLE Singaporeans by allowing singles to purchase a new HDB flats…. ya, the answer is BUILD MORE TRULY AFFORDABLE NEW HDB FLATS.

By: old apekkong

old apekkong — Sun, 11 Oct 2009 14:07:44 +0000

The obvious answer is to BUILD MORE NEW FLATS. This HDB saga is HDB-made. We need a different leadership – one that see beyond money-making from the people. Going round rationalising their policies, is really uniquely Singapore indeed! I mean, I can give you 10 good reasons why smoking is good (help you to ‘relax’ etc., etc.), similarly, 10 good reasons why it’s not… that’s ‘rationalising’. HDB is one that is trying very hard on this act at the moment instead of tackling the issue head-on. In a nutshell, this is ‘HDB win- people loss’ facts are (i) the people did not really BUY a HDB flat, only leasing (rent) it for 99 years, and (ii) HDB is not operating in a free market structure. The reasonings have already been clearly pointed out by more than 1,000 Singaporeans that signed a petition http://www.thepetitionsite.com/petition/397223444.

By: TuraiKiller

TuraiKiller — Fri, 02 Oct 2009 10:55:30 +0000

FT are just F Quiters or unwanted in their own country. Therefore, majorities are here to seek opportunity or course there are small number example like Hyflux boss which we need. So stop using FT or rather called them foreign skilled or umskill worker.

By: You Got A CHOICE

You Got A CHOICE — Fri, 18 Sep 2009 06:57:12 +0000

Had read all the posting. Basically, one sentence……. left hand pass to right hand.

I have been lookng for a ’3 rms HDB Flat’ for 2 years, and yet still searching…. First is the bank loan, but i got it fixed up 2 months ago (approval and ready with the 5% cash). Now is the COV…. Wonder what’s next??

From what i have concluded, these will not just change over night. They will only care when you got too much $$ or no $$ to eat (all these is the begining sign of people that will stage a demostration/protest). Just look at how the media is been controlled. No freedom of world news, but we are lucky that we still have internet now.

All these will come to an end in the near future if we stand up for our right. We are the one who will make it happen….

YOU GOT A CHOICE

By: JohnnyLauSai

JohnnyLauSai — Wed, 16 Sep 2009 14:39:20 +0000

Let’s get to basic and practical……Build more 2Room apartments as .we are living in land scarse Singapore. I’ve visited Europe and Australia………cost of average 2 bed room unit can be expensive and yet many Caucasians choose to live with it……….affordability and value for money.

I am delighted to know that some developers here are finally in tune of the changing times and will launch 2Rooms apartment.

I’m proud of my 2+1 Condo unit.

By: priceout

priceout — Wed, 16 Sep 2009 11:53:30 +0000

141) ACACIA on September 16th, 2009 12.47 am

The government is making more than the private developers of the condos. He laughs at us but what to do. Well if we are smart enough ,we all should know what to do, so he says!!! ………..Agree 100%

It cost only $7600 for a 3 room at Toa Payoh in t he early 80′s … Imagine the meaning of affordability in the year 2009… We should know how to put a stop to these money minded stat. board people if we are smart, We should really know what to do!!!

By: ACACIA

ACACIA — Tue, 15 Sep 2009 16:47:38 +0000

SH and all. My neighbour works in the construction industry, building condo and previously his companies tendered for HBD flats.
The cost of each flat from the 4 rooms to 5 rooms even at today’s raw material prices is only between 60 to 90K, not counting the land cost which is from the Land Authority. If a construction company tenders for a HDB project for 1000 flats at 300 to 400 million, you do the sums, its not difficult. This is only the cost to the HDB which also includes the carpark, walkways, a “small” playground. We pay 15 to 19 K for a lift upgrading and extra room, the cost is not more than 2 to 3K! The government is making more than the private developers of the condos. He laughs at us but what to do. Well if we are smart enough ,we all should know what to do, so he says!!!

By: mice is nice

mice is nice — Tue, 15 Sep 2009 07:58:40 +0000

with no hard numbers to study, they can just up the selling price of new estates as they deem fit.

if land cost so much that means govt not doing enough (or doing it right?) in urban planning to ensure that their envisioned population target of 6.5 million should earn more than enough to have (not own) at least a HDB roof over their heads as a bare minimal requirement for social security.

when the demand outstrip the supply, naturally even those who can barely afford will have to pay a king’s ransom. as the saying goes by “hook by crook”, HDB is fast becoming a concrete kampong at cut throat price, if not already…

By: T

Tue, 15 Sep 2009 03:04:02 +0000

///112) Hwang Soo Jin on September 6th, 2009 7.59 pm
Hello T,
what land cost of hdb flat, they are built on states land and most are acquired at low cost ( low compensation when govt re-locate the initial resident ).

Private condo land is leased by bidding, ///

HSJ, the days where land were compulsorily acquired at low rates were long gone. Now, they are close to market rates, though still below market. The point is, there is a cost, and the land can be put up for bidding to the private developers.

I pointed out that the author has completely ignore the land cost. Surely, you are not saying that land cost (however low you want HDB to impute), should not be included?

Low cost doesn’t mean no cost.

By: mice is nice

mice is nice — Mon, 14 Sep 2009 15:12:02 +0000

WHAT THE…?!

post #137 on September 14th, 2009 10.15 pm

“Mr Mah Bao Shan, said again, HDB are affordable. For his salary OF COURSE!”

also, maybe he meant that as long as the leaseholders (not owners) are not chased out of their home = affordable?

of course, it does not matter how the leaseholders survive day to day, or the quality of life they have as long as they pay up on time?

“He said today, “Buyers can choose not to give Cash-over-value”. What country is he living in? It sure isn’t the Singapore I know!”

saw it on Channel 5 news, what he said is true. but he doesn’t complete his sentence “…. the sellers can also choose not to sell to such people!!”…