Meanmachine Supercharged August 13, 2011 Share August 13, 2011 Stay in 4-rm HDB can buy $226M worth of properties.... She is really the can... Didn't U read the paper? when reporter try to reach her ( last address was a hdb flat ), they knock and a lady open door saying; " There is no such person " staying here> What does it mean? Well, It goes two ways, either she least out her HDB and stay in some landed/condo or otel . . . She may be infringing the law here, we do not now, most of us only care how she has so much cash? Sad ! ↡ Advertisement Link to post Share on other sites More sharing options...
Zuoom 1st Gear August 13, 2011 Share August 13, 2011 erm, if her flat is gotten before the either "HDB or private rules", and more than 5 years on record. then it's all legal. as a citizen of Singapore, she's entitled to the 99 lease of the HDB flat. what she do to it after is not breaking the law. though she can be fined for not updating her address (if that info is taken from data on her IC). some people are born into a rich family. example: Ivy Singh. http://www.asiaone.com/News/AsiaOne+News/S...716-227291.html though she's taking it "easy" with her Bollywood Veggies. Link to post Share on other sites More sharing options...
Soya Supersonic August 13, 2011 Share August 13, 2011 I made a rough calculation.. She bought in 2007.. Her paper profit could be touching $200,000,000 now base on cmv... Imagine in 2007, all she needs to come up with is 10% of 226million which is 26mil... Use 26 mil make 200 million in 4 years u assume she made an ave of $2.4m per unit?? keppeland not so goon as to underprice until liddat lah. tink the fig is more likely ard $24M-$33M for the whole block, not $200M. Link to post Share on other sites More sharing options...
Icedbs Turbocharged August 13, 2011 Share August 13, 2011 your neighbour bought a whole block at reflections too? Nope....but the guy on my right bought 3 units in my development. The guy on my left even better....he bought 2 PHs and a 3 bedder to rent out, but stay in a 2 bedder next to me. And they paid cash for all their units. Can consider wealthy right? Link to post Share on other sites More sharing options...
Mockngbrd Supersonic August 13, 2011 Author Share August 13, 2011 Didn't U read the paper? when reporter try to reach her ( last address was a hdb flat ), they knock and a lady open door saying; " There is no such person " staying here> What does it mean? Well, It goes two ways, either she least out her HDB and stay in some landed/condo or otel . . . She may be infringing the law here, we do not now, most of us only care how she has so much cash? Sad ! i doubt she breaking law, its just us non-elite kenna pwnzed ↡ Advertisement Link to post Share on other sites More sharing options...
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