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Future-Many Will Be Stuck With Overpriced Property

Gendut

By Gendut,
in Lite & EZ

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Soya

Soya

Supersonic

You mean you haven't bought one ? You are really low income ! [:p] JOKE only hor...

But Seriously... why everyone want to stay in Condo ?

Swimming pool - cost = $10/mth

Gym - cost = $60/mth

clubhouse/function room - cost (if go K-Box = $400/yr

Tenni court - cost (if play 4 times/mth = $30/mth

BBQ - cost of BBQ in East coast = ??

 

The cost is estimate if use the public facilities...

For all the above you pay $$1150psf - or U$1.5mil (for same 5 room flat).

 

In Singapore, a House is not a HOME but an Investment... sad really sad...

 

cannot count everything in dollars n cents lidat. it's like why u pay for car when taking a bus is cheaper? most condo dwellers dun buy a condo becoz they dun hv to content wif urine smell in the lift, litter all over the postbox, dirt stains on common areas, loud mahjong or karaoke, door-to-door salesman, loanshark art, etc.

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RadX

RadX

Moderator

cannot count everything in dollars n cents lidat. it's like why u pay for car when taking a bus is cheaper? most condo dwellers dun buy a condo becoz they dun hv to content wif urine smell in the lift, litter all over the postbox, dirt stains on common areas, loud mahjong or karaoke, door-to-door salesman, loanshark art, etc.

 

 

try telling that to the East Coast ppl now with the influx of a certain ethnicity of FTs and see wat they say to u [laugh] [laugh]

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Soya

Soya

Supersonic

try telling that to the East Coast ppl now with the influx of a certain ethnicity of FTs and see wat they say to u [laugh] [laugh]

 

errmm...."goodness gracious me"? [:p]

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Chewbacca

Chewbacca

1st Gear

You mean you haven't bought one ? You are really low income ! [:p] JOKE only hor...

But Seriously... why everyone want to stay in Condo ?

Swimming pool - cost = $10/mth

Gym - cost = $60/mth

clubhouse/function room - cost (if go K-Box = $400/yr

Tenni court - cost (if play 4 times/mth = $30/mth

BBQ - cost of BBQ in East coast = ??

 

The cost is estimate if use the public facilities...

For all the above you pay $$1150psf - or U$1.5mil (for same 5 room flat).

 

In Singapore, a House is not a HOME but an Investment... sad really sad...

 

Sounds like that credit card commercial.

 

Privacy/Social status/"Face" - Priceless

 

for everything else, you have the materialistic Singapore culture.

 

Aaaaaaaaaaaaanyway. The place you live in is home. The second place and thereafter you bought is investment.

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Soya

Soya

Supersonic

Amen to that [laugh] [laugh] Property value sure laosai nia

 

time to bring the popcorn and watch the new fireworks display. no free entertainment for a while.

 

btw, noticed the black RX300 in the foto. i'm wondering if it's the same one as........

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Tigerwoods

Tigerwoods

Turbocharged

errmm...."goodness gracious me"? [:p]

Tell me about it. My house downstairs Playground is now a Mini Little India (Mini as in all the kids).

I don't mind at all, as long as there are no Bangla/ah tiongs drinking alcohol there.

It seems the Indian FT like the East Coast area from Meyer road to Changi...

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Norzahari

Norzahari

Neutral Newbie

http://www.fas.nus.edu.sg/ecs/scape/doc/Ti...0-%204Aug10.pdf

 

Timely reminder.

 

The last 4 bullet points are worth a read if you find it too wordy.

 

it also says those earn 5k and above with 100k p++ savings then can afford maybe 5 room executives and below. then those below that income range like myself not much saving sleep in the streets?? wtf [hur]

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Nav14

Nav14

6th Gear

Yah I read that article too.

 

So there are now close to 400,000 Indian nationals working in SG.

Question is, why so many and still growing?

 

What's wrong there in India? Jobs no enough ... or got jobs, but money no enough?

Purely for economic / wealth creation reasons?

 

This does not take into account their even-larger numbers already in the USA, UK, Europe, Australia etc.

 

If there are 400,000 Indian FTs, there should be at least 1 million PRCians. Why don't you pose the same questions for PRCians?

 

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Joseph22

Joseph22

Turbocharged

If there are 400,000 Indian FTs, there should be at least 1 million PRCians. Why don't you pose the same questions for PRCians?

 

 

I think cause that boils down to work capablitites. the latter are better.

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Koko

Koko

4th Gear

I think they are refering to income per household ba.....

Not many can earn 5k per month

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