Little_prince Supersonic January 24, 2011 Share January 24, 2011 who is Mr. Horse? I know one in taiwan... in hokkien: horse never wait... ↡ Advertisement Link to post Share on other sites More sharing options...
Hoppie24 1st Gear January 24, 2011 Share January 24, 2011 who is Mr. Horse? I know one in taiwan... Huh u dunno him? OMG, the one who implemented COE, the one who control the housing so everyone pay thru their nose. Link to post Share on other sites More sharing options...
Sgnick 1st Gear January 24, 2011 Author Share January 24, 2011 where to buy the book? i go buy now. All book stores, Popular, Times, MPH, Borders, Kinukuniya, etc, but selling out fast everywhere Link to post Share on other sites More sharing options...
Ncss Clutched January 24, 2011 Share January 24, 2011 who is Mr. Horse? I know one in taiwan... Wa liao err... so famous you dunno . FYI... his name got a Horse. Link to post Share on other sites More sharing options...
Pokyman 1st Gear January 24, 2011 Share January 24, 2011 Wa liao err... so famous you dunno . FYI... his name got a Horse. Marlboro Tan lah Link to post Share on other sites More sharing options...
Actan72 5th Gear January 24, 2011 Share January 24, 2011 (edited) Anyone read the book or watch the video? This thread is for the discussion/review of this book. I only have time to watch the video, some part quite confusing In the video dId MM says that HDB flats are sold to us MINUS land cost? Is it true? I dun believe !!! Assuming 1 floor has 10 unit, the block has 20 storey.. and all are 4 rooms. One unit is selling @ 250k. One block of HDB is $7500k.. Edited January 24, 2011 by Actan72 Link to post Share on other sites More sharing options...
Swifter78 2nd Gear January 24, 2011 Share January 24, 2011 If land cost is not taken into account of HDB, then we will see all HDB flats selling at standard flat rates liao!! Why are redhill, queenstown flats more ex than punggol, sengkang, jurong? Maybe this was true 30 yrs ago lah... Link to post Share on other sites More sharing options...
Piyopico Supercharged January 24, 2011 Share January 24, 2011 If land cost is not taken into account of HDB, then we will see all HDB flats selling at standard flat rates liao!! Why are redhill, queenstown flats more ex than punggol, sengkang, jurong? Maybe this was true 30 yrs ago lah... Dun even go there. The TRUTH is out there .................. but also depends on whose version lah. Link to post Share on other sites More sharing options...
Itsec 2nd Gear January 24, 2011 Share January 24, 2011 If land cost is not taken into account of HDB, then we will see all HDB flats selling at standard flat rates liao!! Why are redhill, queenstown flats more ex than punggol, sengkang, jurong? Maybe this was true 30 yrs ago lah... u just hit the nail.. ahhaaa... not only that.. why do we need valuation??? i tot someone say HDB is meant for commoners a roof to stay!!!! aahhaaaa Link to post Share on other sites More sharing options...
Swifter78 2nd Gear January 24, 2011 Share January 24, 2011 Or maybe MM Lee is still in the dark? haha... Link to post Share on other sites More sharing options...
Greatbirdlegend 1st Gear January 24, 2011 Share January 24, 2011 No thanks. Link to post Share on other sites More sharing options...
Itsec 2nd Gear January 24, 2011 Share January 24, 2011 okie.. .. all the while.. i have doubt about our flat valuations.... allow me to pour it out.. correct me if i'm off track... my ex-colleague bought a flat more than 600k, taking 30 yrs loan, with 500k of loan... excluding the interest!!! I believe at the end of the repayment period..... his CPF OA shall be very min. - assuming he stay on his job.. not many promotions... not job-hopping... Is that our dear 'horse' promoting AFFORDABLE housing!!!! My thoughts -> Are we are the slaves to our property... 30 yrs later.. we are left with no $$$..gov earn us via their so-called valuations and compound interest and we had to sell our flat back to them or pass down to our kids... Its as good as i'm the tenant of this plot of land.. raised the price... and u lend $$$ from me.. with interest... then 30 yrs later.. u sell the house back to me.. and i pay u monthly bit by bit till u die!!! In short, the $$$ is always in my pocket... now back to the current situations... the resale of my unit had increase more than 150%.. Hence, simply value the unit with approx 150% profit.. meaning our gov is filthy filthy rich.. and inflation does not increased by 150% more... same goes to our salary... :angry: correct my analogy if i'm wrong... Link to post Share on other sites More sharing options...
Summer69 Clutched January 24, 2011 Share January 24, 2011 in hokkien: horse never wait... how about "no horse run" ? so is it the "TRUTH" that we must be careful when dealing with: 1) short people 2) people with hook nose 3) botak people. Link to post Share on other sites More sharing options...
Ncss Clutched January 24, 2011 Share January 24, 2011 (edited) Although Mr Horse is unpopular to many young family starters... because HDB beri exp. But those who is selling is happy He also is very popular in Tampines... going to built the largest shoping hub there. Next GE if he leads to stand for Tampines... no problem to win >60% Edited January 24, 2011 by Ncss Link to post Share on other sites More sharing options...
Summer69 Clutched January 24, 2011 Share January 24, 2011 okie.. .. all the while.. i have doubt about our flat valuations.... allow me to pour it out.. correct me if i'm off track... my ex-colleague bought a flat more than 600k, taking 30 yrs loan, with 500k of loan... excluding the interest!!! I believe at the end of the repayment period..... his CPF OA shall be very min. - assuming he stay on his job.. not many promotions... not job-hopping... Is that our dear 'horse' promoting AFFORDABLE housing!!!! My thoughts -> Are we are the slaves to our property... 30 yrs later.. we are left with no $$$..gov earn us via their so-called valuations and compound interest and we had to sell our flat back to them or pass down to our kids... Its as good as i'm the tenant of this plot of land.. raised the price... and u lend $$$ from me.. with interest... then 30 yrs later.. u sell the house back to me.. and i pay u monthly bit by bit till u die!!! In short, the $$$ is always in my pocket... now back to the current situations... the resale of my unit had increase more than 150%.. Hence, simply value the unit with approx 150% profit.. meaning our gov is filthy filthy rich.. and inflation does not increased by 150% more... same goes to our salary... :angry: correct my analogy if i'm wrong... In theory, we rent, we don't buy HDB. you only realised profit if you & spouse both die...... or sell your HDB flat & stay in private, w/ parents, w/ kids or in tentage. Link to post Share on other sites More sharing options...
Kingcopa 1st Gear January 24, 2011 Share January 24, 2011 who is Mr. Horse? I know one in taiwan... U go see who is short short in the parliment lor Link to post Share on other sites More sharing options...
Summer69 Clutched January 24, 2011 Share January 24, 2011 Although Mr Horse is unpopular to many young family starters... because HDB beri exp. But those who is selling is happy He also is very popular in Tampines... going to built the largest shoping hub there. Next GE if he lead to stand in Tampines... no problem to win >60% Tampeenees already so many shopping centres, Giant, IKea & banks, still build some more. really so good hor. those MPs covering north area better do something about it, feeling very neglected. so far best act is building the KTP Hospital. The NSE is a bit too late lor. Link to post Share on other sites More sharing options...
Greatbirdlegend 1st Gear January 24, 2011 Share January 24, 2011 okie.. .. all the while.. i have doubt about our flat valuations.... allow me to pour it out.. correct me if i'm off track... my ex-colleague bought a flat more than 600k, taking 30 yrs loan, with 500k of loan... excluding the interest!!! I believe at the end of the repayment period..... his CPF OA shall be very min. - assuming he stay on his job.. not many promotions... not job-hopping... Is that our dear 'horse' promoting AFFORDABLE housing!!!! My thoughts -> Are we are the slaves to our property... 30 yrs later.. we are left with no $$$..gov earn us via their so-called valuations and compound interest and we had to sell our flat back to them or pass down to our kids... Its as good as i'm the tenant of this plot of land.. raised the price... and u lend $$$ from me.. with interest... then 30 yrs later.. u sell the house back to me.. and i pay u monthly bit by bit till u die!!! In short, the $$$ is always in my pocket... now back to the current situations... the resale of my unit had increase more than 150%.. Hence, simply value the unit with approx 150% profit.. meaning our gov is filthy filthy rich.. and inflation does not increased by 150% more... same goes to our salary... :angry: correct my analogy if i'm wrong... One needle see blood. ↡ Advertisement Link to post Share on other sites More sharing options...
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