Othello Supersonic August 6, 2013 Share August 6, 2013 It has begun ..... punggol 5rm 2nd flr sold 39K below valuation ↡ Advertisement Link to post Share on other sites More sharing options...
Animian Clutched August 6, 2013 Author Share August 6, 2013 It has begun ..... punggol 5rm 2nd flr sold 39K below valuation HDB is to keep not for sales...if need to sell to finance the next property then might as well stick to HDB and continue to get govt subsidies Link to post Share on other sites More sharing options...
Kangadrool Supersonic August 6, 2013 Share August 6, 2013 the "noble" cause for EC is to provide a upgrade path for sporean to upgrade from hdb to ec ... since many kaypoh kaypoh say PC is expensive and cannot afford 1. EC is for uprader ... ie: sell hdb at 450K ... buy ec at $900k ... balance is only $450k ... somemore the hdb must be fully paid hor 2. EC is for people with $$$ in the bank who is capable to redeem the EC in less than 10 years ... ie: at the age 25-30 is manager, at the age of 35-40 is director/regional level liao those who can only afford 20% downpayment and take $720K loan (+ another $350k interest) and expect to fully paid in 25-30 years loan period can kiss goodbye to their cpf retirement. and the govt answer to that is either downgrade (sell, cash out and must move to cheaper housing) or rent out rooms to sustain your retirement fail to do so ... then cry papa cry mama ... old liao ... cpf no money ... must q for hours in polyclinic to treat fever and flu so ... we must have "new buyer" to come in to buy the old $900K ec ... else who is going to buy if every sporean got their EC when 25-30 and thinking to sell at 55-60 to cash out? if there were no PR to buy the $450-$500k hdb ... how hdb upgrader buy ec? when a family start to mature ie: got married > children > maid > car > expensive holiday > etc ... expenses rise 50% but income do not rise in the same speed If everyone can think like you, there won't be a craze over "upgrading". Link to post Share on other sites More sharing options...
Vinepro Clutched August 6, 2013 Share August 6, 2013 Can still apply for EC if current HDB loan not paid up but have MOP? Link to post Share on other sites More sharing options...
Hiphiphoray 6th Gear August 6, 2013 Share August 6, 2013 Must be sell to own relative. It has begun ..... punggol 5rm 2nd flr sold 39K below valuation Link to post Share on other sites More sharing options...
Othello Supersonic August 6, 2013 Share August 6, 2013 Can still apply for EC if current HDB loan not paid up but have MOP? yes can Link to post Share on other sites More sharing options...
Othello Supersonic August 6, 2013 Share August 6, 2013 Must be sell to own relative. or maybe haunted .... Link to post Share on other sites More sharing options...
Animian Clutched August 6, 2013 Author Share August 6, 2013 or maybe haunted .... or loan shark Link to post Share on other sites More sharing options...
Scholesy 4th Gear August 6, 2013 Share August 6, 2013 latest unemployment rate for SC and SPR - 3% vacancy for existing rental units in the mkt increased 0.4ppt to 5.6% more than 35,000 units to enter in 2013 and 2014 total confirmed 100k units in pipeline (until 2017). another 12k units pending, taking in jus concluded land sales. above all gahmen numbers. next month fed meeting (print money cannot last forever). how they can continue zero int rate after closing tap vital. gahmen holding trump card of 6.9M but cost of living/inflation main concern for MNC (cheap labour FT cannot last forever). MNC/banks are alr relocating back offices to MNL, India, MY. Dunno who they end up bring in for the 6.9M. *sweat* u need a lot of guts if u still believe in this ppty game. like all the J-gateway buyers. Link to post Share on other sites More sharing options...
Coltplussport Turbocharged August 6, 2013 Share August 6, 2013 or loan shark COV to high also kpkb, too low also kpkb, very difficult to please. Link to post Share on other sites More sharing options...
Coltplussport Turbocharged August 6, 2013 Share August 6, 2013 or loan shark COV to high also kpkb, too low also kpkb, very difficult to please. Link to post Share on other sites More sharing options...
Coltplussport Turbocharged August 6, 2013 Share August 6, 2013 (edited) or loan shark COV too high also kpkb, too low also kpkb, very difficult to please. Edited August 6, 2013 by Coltplussport Link to post Share on other sites More sharing options...
Animian Clutched August 6, 2013 Author Share August 6, 2013 (edited) COV too high also kpkb, too low also kpkb, very difficult to please. ok ok i get it no need to repeat 3x :P i never believe in selling primary house to get another one...that is not upgrade to me :P upgrade is keep primary house get 2nd house if anything happen just sell away the 2nd house ... Edited August 6, 2013 by Animian Link to post Share on other sites More sharing options...
13177 Hypersonic August 6, 2013 Share August 6, 2013 or loan shark Thinking you rather buy a house haunted or loan shark if you can only choose between one?! Link to post Share on other sites More sharing options...
Roh96 6th Gear August 6, 2013 Share August 6, 2013 i cant imagine why pple buy flat in sengkang n punggol in the first place I believe this was a common question asked 20yrs ago, why ppl buy flat in Jurong or Tampines. Look at the town today. Link to post Share on other sites More sharing options...
Duckduck Turbocharged August 6, 2013 Share August 6, 2013 (edited) gahmen holding trump card of 6.9M but cost of living/inflation main concern for MNC (cheap labour FT cannot last forever). MNC/banks are alr relocating back offices to MNL, India, MY. Dunno who they end up bring in for the 6.9M. *sweat* thats a bad card not trump card. We r already 5.6M, 6.9M will be reached within 10yrs, so after that wat happens? Lots of pple complain abt 6.9M too many pple, but yet want their prop price to go up alot forever. Delusional. Edited August 6, 2013 by Duckduck Link to post Share on other sites More sharing options...
Mustank Hypersonic August 6, 2013 Share August 6, 2013 I believe this was a common question asked 20yrs ago, why ppl buy flat in Jurong or Tampines. Look at the town today. hey guys! ponggol got new EC? Bery Good !!!! http://eco-politan.sg/floor-plans/ Link to post Share on other sites More sharing options...
Roh96 6th Gear August 6, 2013 Share August 6, 2013 thats a bad card not trump card. We r already 5.6M, 6.9M will be reached within 10yrs, so after that wat happens? Lots of pple complain abt 6.9M too many pple, but yet want their prop price to go up alot forever. Delusional. Yes, delusional. They want population to stop at 5.6M, want property prices to come down so that they collect their 2nd or 3rd one cheaply, but expect high rental to remain, value continue to appreciate... ↡ Advertisement Link to post Share on other sites More sharing options...
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