Both HDB and PR are racing to set new price record in this area.

HDB selling high, Citizen buy high and sell higher, PR buy even higher, HDB peg the price and sell higher than previous.

Who is the overall winner? It’s none other than our own government. Why? Cos I heard that it only cost $50k(this was told to me by the people in BCA) to build a 3room HDB flat and the government is trying to paint a very beautiful picture to the citizens by telling us that ALL Singaporeans will enjoy special privileges like 1st timer grant of $30k, hdb loans at a special rate. In fact, they ARE trying to squeeze as much money out from our own pockets. :(

Case in study: Mas Salamat took just 49 seconds to escape a detention making a big joke out of everybody. Guess what? Everybody down the line working at the detention centre was sacked execept our dear Minister of Home Affairs, Mr Wong. Why? Reason’s simple. He’s none other than an uncle to our PM Lee.

All hell WILL break loose when the old man dies. =)

A lot of ppl must be thinking. Wow, i brought at 200k and now the value of my home has gone up to 400k. They are only fooling themselves. Imagine the interest and renovation stuff they need to pay.

And then a generation later, their children need to folk up 600-800k ….do u make money then? Does the value of ur home actually increase? after all, you pay for it.

What happens if ur 1mil house reached the end of 99 years, u think the generous gov will pay u any money? Everything gone to waste money.

My advise is to buy a condo. Yes condo is expensive but at least the value will increase tremendously in 20 years and u earn it back. Then u can go buy a HDB.

Look at all those ppl that do not listen to my advise 20 years and buy a HDB and not a condo. Their comment was 200k for a condo is so siaoz and expensive.

Flashback it 20 years later. The ordinary ppl 20 years ago earns the same as 20 years later. And have to fork 300-400k just to buy a 5 room HDB. Now who is more siaoz?

It better to spend 500k on a condo , guys now, or live to regret for life.

What’s the bottomline of the story? Foreigners love to make Singapore their home. You really believe it???? Can it not be fictitous?????

Do you really believe that weathy Indonesians do not know about our market prices that they are stupid enough to invest in a HDB property? They have been in our property market for the longest time, way before Singaporeans know the meaning of `speculating’.

Please please brothers and sisters. think and think again about the authencity of this story. Please!

I’m sure you’re the smart one. In fact, I know several people who has applied PR of another country and are happily claimed that now they are also like PR in Sg, enjoying the best of both world. They have passive income like foreign FD, rental, high dividend stock in Sg which are low in tax and remit $$ out of Sg to the country of their PR, while enjoying free healthcare, free education, social welfare, big and cheap house, car etc.

The only problem is getting a PR in another country is not as easy as Sg.

Its no use complaining the PRs are jacking up the prices and that they can leave after they make money..while we are the one left here to pick up the pieces.

Just try to apply for PR in another country. Don’t wait…just do it now. Then we also will have the benefit of leaving this stinkhole when the time is right.

This is the only way to even the playing field.

///// by the way hope the lift breaks down everyday….lol….. /////

“Resentment is like drinking poison and then hoping it will kill your enemies. ”
- Nelson Mandela

i am seeing a clearer picture now why we are not a nation and a country mentioned by our esteemed leader but a city …that the road is path with Gold ingots in the eyes of the riches soul…. very soon….in the next decade or more …..reading this morning zhaobao. Singapore fast becoming a dependency or province of mainland China and definitely there is no U-turn in their relaxed immigration policy… let move on

the trend now, not just the super rich but “normal rich” prc snapping up properties in this city more than the rich malaysian, indonesian etcs…. why our “citizen homes” prices never comes down instead the govt “artificially” planned as not to allow private property burst in-spite we are going through the worst economic recession.

and do u know why…. because the high price we pay through taxes for a safe and contribution by all citizens toward security…to be enjoyed by other guests contributing inflated to sustain higher GDP ….think logic citizens – why the guests are here and not surrounding islands – what make up the majority ethnic group in singapore.

property developers putting up road shows in overseas and providing 1st class and one-stop services… free air trips,nice accommodation and good food, school enrollment, banking and legal services and many more….everything you want to know singapore…all out to service You. Developers should thank our govt .. for saving them but in return… who benefit, your guess is as good as mine… Wow, what goes around, comes around… what a wonderful world.

real sad for this city meant for the rich, instead of solving the roots of the problems for the past 20 years which “they” claimed to have the good foresight, back then we still have the resources, now “they” only managed to think short-cut solutions, keep extinguishes all fire around “them” without looking into the social implications aspect affecting the people ….jobs, family, children, retirement etcs…the city outlook just look superficially good but, internally all cracks are appearing.

Like they had hinted “Please take care yourself” when you are out of your unproductive years.

Also, please our people-funded “scholarly citizens” don’t always workout huge economic figures to show to your ‘masters” how much can be collected through your pig head by “Pay and Pay” or “Profit and Profit”, left-hand pocket in(give) to right-hand pocket(out – time to return back to my master)scheme – Please “Stop all this nonsense – don’t keep fooling the citizens” if YOU ARE – have a sincere heart whatever in your policies planning – that have proposed, implemented and before legislated – must benefits both the people of singapore and hopefully the ever-changing elected govt truly mandated by its citizens – afterall, what is the basis moral roles of an government first and foremost. By then, hope it is not too late.

Citizens – U have to decide when the day comes – the “CROSS” you place in your ballot slip – ask yourself sincerely – hey, how is my life and family for the past 10 years – and think hard again – and how do I FEEL things going to impact my Life for the next 20 years still having H igh D ebt B urden….

Get Reals! Citizens, we have to Wake Up from our slumber for the past 44 years, hurray!

he is really smart man.

last time he sign on under army.

he say come out to work in private sector better.

he really has vision than rather just continue to sign on.

i think not even 5 years he make it to the newspaper.

Other countries die die make cars; incurs pollution, incurs costs, incurs loss, unemployment.

Singapore print one piece of paper (COE); same or more than cost of actual car. No costs incurred. No pollution. No employment/unemployment too! Where to find?

Man pays more than half million for HDB instead of condo cos he likes the view? Hmm…
So many questions so little time.
Also, everything paper says can believe?
I stopped buying ST long long time already.

Does it make us, S’poreans ‘feel better’ when all we do is just to complain, and do nothing else? Why ‘slog’ so hard when our take home pay can’t take us home every month?

What should we do then, so that PAP listens to us? When all channels of ‘negotiations’ are exhausted and still there’s no improvement in our lives, economically and socially, then it is only right that WE STAND UP FOR OUR RIGHTS through peaceful march, civil disobedience participation, sending our message to the MIW not to take us for granted and enough is enough.

What is there to lose further when one trys so hard eking out a living that seems never enough to put food on table. Prayerfully, I hope we won’t read news on S’poreans taking their own precious lives over ‘financial hardships’.

We must be the Change we want to be.

The problem arises because we perceive the money collected by the govt as taken away from us. Cannot blame anybody for having this line of thought though. as many feel that the govt is precisely doing that.

But all revenure collected are really the people’s money, then we will start to look at it quite differently. The IR site was sold for billions, collected from Sands into the public coffers of Singapore. But if it had been sold for a song, it is a nation’s loss.

Picture this, If an empty plot of land next to your flat is sold based on historical acquisition cost and construction cost and it come up to (hypothetically) one third of the price of a flat in your block recently sold, what will that do to the value of your flat?

You jumped to the wrong conclusion! No where did I mention that HDB flat owners should sell their flats to other people at the original prices.

What I want to point out is that the HDB is now making profits from selling these flats now, esp. when all these land have been acquired at dirt-cheap prices. Even before those BTO flats and E-condo are built the government already made hugh profits, hundreds of million from the land tenders.