MBT:We're proud of the asset enhancement policy

[Duckduck]

Now in 2011, they decided that the market is too hot or elections coming, so they introduce a a stream of cooling measures.

 

As recent as Mar this year, MBT said we have 33000 unsold flats, telling us COV has came down etc. note that there is no financial crisis right now.

 

What is MBT signalling?

 

You think about it and VOTE WISELY.

 

they r cooling their own measures lor... hdb was so badly managed less than 10yrs ago, they got too scared of oversupply, so intro supply crunching policy known as BTO, got demand then build. Problem is an HDB building takes 3 yrs to build, in between all hell breaks loose, then garmen come out & cool the market go n blame everyone except their own backward policies. I respect him more if he come out n admit that HDB/URA was mismanaged & current BTO is inaqeduate in addressing mkt demand dynamics, but of cse he wont just like all the MIWs

[Alim]

they r cooling their own measures lor... hdb was so badly managed less than 10yrs ago, they got too scared of oversupply, so intro supply crunching policy known as BTO, got demand then build. Problem is an HDB building takes 3 yrs to build, in between all hell breaks loose, then garmen come out & cool the market go n blame everyone except their own backward policies. I respect him more if he come out n admit that HDB/URA was mismanaged & current BTO is inaqeduate in addressing mkt demand dynamics, but of cse he wont just like all the MIWs

 

 

Just watch, after elections, they will chut pattern to sell their 33000 flats.

 

 

MBT: '33,000 is hell of a lot of unsold flats'

 

Let all hell break loose to clear them all!

[Darryn]

Personally I think that HDB SHOULD hold reasonably substanial stock of flats, succh that the determinant of whether or not someone can buy is their eligibility.

 

I would like the process to be:

Does this person qualify? - YES - Ok, here is a list of the flats available, choose which one you want.

 

If you don't like any, we build a new cluster every two months, you are quite welcome to queue / ballot for one of those if you like, but you won't get any priority, it is just luck of the draw.

[Sgnick]

they r cooling their own measures lor... hdb was so badly managed less than 10yrs ago, they got too scared of oversupply, so intro supply crunching policy known as BTO, got demand then build. Problem is an HDB building takes 3 yrs to build, in between all hell breaks loose, then garmen come out & cool the market go n blame everyone except their own backward policies. I respect him more if he come out n admit that HDB/URA was mismanaged & current BTO is inaqeduate in addressing mkt demand dynamics, but of cse he wont just like all the MIWs

 

Cannot admit lah, people still got election to win you know?

[Hondauto]

Gov should heavily subsidized the newly weds or first time HDB owner (excluding new citizen please) applying for new flats - only for true blue S'poreans (both Husband &

Wife - both parties must be born in S'pore and husband has served NS) .

 

Example - Gov can peg new flats at market price (say $300K) - newly weds will only pay 150K to 180K + low interest rate too. They will not be allowed to sell or rent

till they stay 10 years (instead of normal 5 years). Those upgraders and new citizens will pay full market price

 

[Lethalstrike]

Just watch, after elections, they will chut pattern to sell their 33000 flats.

 

 

 

MBT: '33,000 is hell of a lot of unsold flats'

 

Let all hell break loose to clear them all!

 

I've said it and i will say it again.

 

With a face like that, do you honestly think his words and policies can be trusted?

 

More good years for MBT.

 

[Darryn]

Gov should heavily subsidized the newly weds or first time HDB owner (excluding new citizen please) applying for new flats - only for true blue S'poreans (both Husband &

Wife - both parties must be born in S'pore and husband has served NS) .

 

Example - Gov can peg new flats at market price (say $300K) - newly weds will only pay 150K to 180K + low interest rate too. They will not be allowed to sell or rent

till they stay 10 years (instead of normal 5 years). Those upgraders and new citizens will pay full market price

 

OK, very serious question, and please not to get personal.

 

How about somebody like me?

 

Am "newly wed" (as in wifey and I not buy house together, no kids) My wife is full citizen, I am PR. We now have two SG citizen children. What sort of category would you put us in? If we pay full price, no priority is that fair to my wife? Who BTW has other country PR but wanted to come home and care for her parents? Her mother is now also living with us, and she is also a SG citizen, if we not have a place to live, she wouldn't have a place to live.

[Sgnick]

I've said it and i will say it again.

 

With a face like that, do you honestly think his words and policies can be trusted?

 

More good years for MBT.

 

Who is that woman? Looks hot.

[Sgnick]

OK, very serious question, and please not to get personal.

 

How about somebody like me?

 

Am "newly wed" (as in wifey and I not buy house together, no kids) My wife is full citizen, I am PR. We now have two SG citizen children. What sort of category would you put us in? If we pay full price, no priority is that fair to my wife? Who BTW has other country PR but wanted to come home and care for her parents? Her mother is now also living with us, and she is also a SG citizen, if we not have a place to live, she wouldn't have a place to live.

 

U can take up SG citizenship u know

 

Or your wife can remarry a Sporean

[Darryn]

U can take up SG citizenship u know

 

Or your wife can remarry a Sporean

 

Hee...not neccessarily a solution. In either case.....

[Alim]

Who is that woman? Looks hot.

 

I was about to ask, is that a translucent top? yum yum

[Hondauto]

OK, very serious question, and please not to get personal.

 

How about somebody like me?

 

Am "newly wed" (as in wifey and I not buy house together, no kids) My wife is full citizen, I am PR. We now have two SG citizen children. What sort of category would you put us in? If we pay full price, no priority is that fair to my wife? Who BTW has other country PR but wanted to come home and care for her parents? Her mother is now also living with us, and she is also a SG citizen, if we not have a place to live, she wouldn't have a place to live.

 

 

I already mentioned - true blue S'poreans. Hv u served NS?

[Sgnick]

Hee...not neccessarily a solution. In either case.....

 

Oh come on, think of the bright side, your children will benefit from this because they are SG citizens. Just make sure they don't marry some bloke from NZ.

[Greatbirdlegend]

OK, very serious question, and please not to get personal.

 

How about somebody like me?

 

Am "newly wed" (as in wifey and I not buy house together, no kids) My wife is full citizen, I am PR. We now have two SG citizen children. What sort of category would you put us in? If we pay full price, no priority is that fair to my wife? Who BTW has other country PR but wanted to come home and care for her parents? Her mother is now also living with us, and she is also a SG citizen, if we not have a place to live, she wouldn't have a place to live.

 

I'm sure they can calculate something out.

Your wife and your 2 children should not be penalized.

As for you bro...always welcome to join us.

[Darryn]

I already mentioned - true blue S'poreans. Hv u served NS?

 

I haven't - but what does that make my wife, two Singaporean children and Singaporen MIL (who has never "enjoyed" HDB benefits) - chopped liver?

 

I am one person out of 5 in my family - do the other 4 not count for anything?

[Darryn]

Oh come on, think of the bright side, your children will benefit from this because they are SG citizens. Just make sure they don't marry some bloke from NZ.

 

hee...I want them to have a "fulfilling" marriage with lotsa grandkids - I think no choice but to marry a NZ bloke.

[Powersteer]

Since most of you are car house and house owners .. take a read here, look at how rational our PUBLIC housing system has became.

Dont you think this is the reason why they gotta milk us and sell HDB pegged to mkt rate? otherwise it will collapse??

 

http://yawningbread.wordpress.com/2011/04/...illion-bailout/

 

The coming S$270 billion bailout

 

There are very few cars in the second-hand market more than five years old. Given that cars have to be either scrapped or exported when they reach ten years of age, there are probably too few buyers for such cars, in the absence of which it is extremely difficult to discover a market price for them.

 

The ten-year rule is related to the fact that Certificates of Entitlement (COE) have a life of ten years, though strictly speaking, the rule is separate from COEs. COEs, as most Singaporeans know (but foreign readers may not) are auctioned rights to own a vehicle. There

[Darryn]

As for you bro...always welcome to join us.

 

Thanks Bro

 

Not that I think I am special, or should get any sort of special treatment - just want to try and illustrate that "served NS" is a little bit of a simplistic way of looking at it (not that it shouldn't be one of the factors though)