Relook price benchmark for first flats

[Haikel]

No benchmarking will bring down the price of yesteryears

 

eg

3rm 100

4rm 200

5rm 300. history

 

3room 300

4room 400

5room 500 present

 

benchmarking or talking about and waiting for 70s prices, guess will not happen anytime now. If u need a roof and can afford now..BUY!

 

bought 5 room 280 include 40k grant in 2001 (5years flat)instament 900d

 

sold 323k 2008 no cash profit.

 

buy 5 room stay near parent 411k (30years flat) in 2010. saving and cpf wipeout.instalment 900d

 

now check website recent transac almost 500k wat benchmark?

[Ronleech]

I think that time was another ministar was in charge.

 

He was appointed as the minister of MND in 1999 and start building HDBflats in bulk and flood the market till 2006 they open the gate to let those FT camp in and then he decided to stop building flat when this island is crowded with foreigner and he chose to opt for BTO.... As BTO needs at least 3 years to complete but the rate that they are giving PR and citizen like old folks selling tissue paper (maybe old folks sold less tissue paper then ICA givng out PR and citizen per day), like that how to balance out leh????

 

[Latka]

He was appointed as the minister of MND in 1999 and start building HDBflats in bulk and flood the market till 2006 they open the gate to let those FT camp in and then he decided to stop building flat when this island is crowded with foreigner and he chose to opt for BTO.... As BTO needs at least 3 years to complete but the rate that they are giving PR and citizen like old folks selling tissue paper (maybe old folks sold less tissue paper then ICA givng out PR and citizen per day), like that how to balance out leh????

 

Now I remember, he was Lim HK. Won't say he made a mistake but he just went ahead to build flats for the masses. It was just unfortunate that a financial crisis hit us which was why majority decided not to take up the flats they booked. Hence, wif the surplus units av'ble, they started the WIS scheme which I too benefited fm it. Not his fault though.

But the current head of MND is control supply and prices type, dat's why the family MNC like him very much.

 

[relacker]

OT a bit, I think our govt is very clever. By keeping costs high, they make sure everyone must work their nuts off to stay alive.... hence no time to create trouble for them.

 

 

So where is mr Goh's swiss quality of life? 20 yrs later build gambling den and all ah long and gansters come up, tis call swiss chocolate quality of life

Edited February 18, 2011 by relacker