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Just curious, at what price level of car price you will be able to afford at different total asset scenario. the three diff question shows at 3 diff stage of total asset scenario. BMW means public transport. assuming total asset include your residence, investment, cash etc minus off loan.
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If this has been posted or lurking in old thread apologies . . . . . SG Widow and China Tour Guide Asset Tussle . .. . http://www.straitstimes.com/news/singapore/courts-crime/story/tussle-over-widows-40m-assets-turns-ugly-20140903 A seven-hour stand-off between an 87-year-old Singaporean widow and a 34-year-old woman from China ended yesterday after the younger woman agreed to leave the widow's $30 million bungalow, where she had stayed for a year without rent. It was the latest twist in a saga that began in 2008, after the widow, retired physiotherapist Chung Khin Chun, met the Chinese woman's tour guide husband while on holiday in China. The 40-year-old man, Mr Yang Yin, later got close to Madam Chung and, in 2009, moved into her Gerald Crescent bungalow, allegedly took over her assets worth $40 million and brought his family to live with him there. Madam Chung's niece, 60-year-old travel agency owner Hedy Mok, started court proceedings to revoke Mr Yang's guardianship of her aunt's $40 million assets earlier this year
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Hello anyone have experience for this dealer? thanks.
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Found an interesting view on HDB... http://therealsingapore.com/content/truth-...-wants-remember For sharing only...
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BEIJING, May 27 (Reuters) - China broadened its overseas investment strategy into the services industry on Sunday, with the country's top state-owned design and management purchasing a Singapore design firm. China's "going out" policy has led to a number of overseas acquisitions in the past decade, primarily in the natural resources and equipment sectors, as the nation draws on its stockpile of foreign reserves to obtain much-needed raw materials. Having invested heavily in "hardware," Beijing is now encouraging the upgrade of the nation's "software" or technical skills. On Sunday, China Architecture Design and Research Group, the country's largest diversified state-owned engineering design and services company, announced it had bought CPG Corp from Australian heavy engineering firm Downer Group for A$147 million. The deal was brokered by Swiss investment bank UBS. "This is the first time for China's high-tech services industry to go out and successfully complete an overseas acquisition," Xiu Long, the head of the Chinese group, told reporters. "This is not an opportunistic purchase but part of the national policy to encourage going out and improving international competitiveness." CPG Corp., formally Singapore's Public Works Group, specializes in designing public buildings and infrastructure, especially roads and bridges, including Qatar's new airport in Doha. The deal includes its subsidiaries in the Asia-Pacific region, and its 5 percent stake in an industrial park in Suzhou. (Reporting by Lucy Hornby; Editing by Jeremy Laurence) http://sg.finance.yahoo.com/news/china-ent...-102824674.html Some questions i hope people can help me with , i wonder why more and more SG assets are being sold to china and other countries ? Why are we selling all these assets , First , SPG , our POW stations , now CPG what is our ruling party thinking , trying to offload those companies? Are they trying to make a run off leaving an empty shell should they lose their elections?
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Today, a group of us got treated to lunch by a banker wthe topic of HDB came up government keep hantam us about HDB being an asset how come HDB cannot be used as a collateral for anything anybody can explain 40-50years ago i can understand but today, many HDBee owners are very rich, some even own many district 10 properties that was before the new rule kick in confused
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Mr Mah failed to act on academic's advice to control HDB prices in 2009 For the whole of 2009, the housing tsar insisted that the prices are affordable and there is no bubble. Finally, 1 year after the NTU academic's warnings. Mr Mah finally acknowledges there is a imbalance in the market
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Since GRC lines can always be re-drawn, why not we also redraw district lines whenever we feel certain district property prices are low? For example redraw district 8 (geylang, sims, ave, etc) into district 15 (east coast) and now we have geylang prices higher? Or re-draw Bishan (district 20) into Orchard (district 9) and voila....Bishan starts having Orchard prices and Bishan is a sure win liow for gov?? :D :D
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Who agrees or disagree with Mr Mah? When my 99years HDB left with 50 years, will it still continue to appreciate yearly? So HDB is lesser the remaining lease, the more expensive it becomes? Good leh, investment of the century, uniquely Spore. I will keep my HDB till 98th year then sell it off at record price. Mah responds to WP on Govt housing policy Following the Workers' Party's (WP) reiteration on Wednesday that prices of new flats should be pegged to median income, National Development Minister Mah Bow Tan has said that the real intent of this was to reduce prices, which would be an "asset depreciation policy". "All the markets are inter-linked ... So, when you reduce new flat prices, there'll be an impact on the resale flat market," he said. "What happens to those people who want to sell who are in mortgage arrears? What about those who are now in negative equity? These are some of the repercussions of the things that the WP is suggesting in this manifesto which they have not pointed out." Mr Mah, who spoke to reporters on the sidelines of the Urban Redevelopment Authority's Corporate Seminar, said a price reduction means the Government would have to provide additional subsidies. "Is (the money) going to come from education? From healthcare? From defence? (The WP) didn't say. Or if they said, 'no it's not going to come from any of this', are they going to raise taxes? Or are they going to dip into reserves?" He defended the PAP's approach: "We're proud of the asset enhancement policy. (It) has given almost all Singaporeans a home of their own, a home that's also an asset ... that grows in value over time."
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Link taken from another website. This dear minister keeps coming up in the news nowadays.
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When Lydia sum passed away at 62 years she had $12million asset how much do you have? Please do not include father, mother, brother, sister, step relatives, friends, enemies or pets' asset to your own. let see how poor or how rich our group of forumers are. thanks
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October 3, 2007, 7.37 am (Singapore time) Morgan Stanley to cut about 600 mortgage jobs Car COE premiums plunge Christopher Tan Wed, Oct 03, 2007 The Straits Times Deregistrations fall, pointing to slower sales of new cars ahead 03/10/07 October 3, 2007, 6.44 am (Singapore time)Credit Suisse cuts 170 investment banking jobs [/color]is there something going on that i am not aware of
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