Are the Ten Thousands flats built in vain ?

Yi Peng SG

Then these guys will again blame the government for dumping and eroding the hard earn money of the people. Its a damn if you do andc damn if you don't situation for the critics.

Atobe SG

Originally posted by Yi Peng:
You need to give Atobe a personal warning. Look at all his spamnming and personal attacks. He is spoiling the forum.

'Spamming' and 'personal attacks' ?

Only to the one who dare dishonestly call other 'whiners', post useless bigotry and slanderous grandstanding statements of a community, religious groups, or any underdogs.

And more to those stubborn and arrogant 'no brainers' .

Atobe SG

Originally posted by greengoblin:
Adobe, I have gave him a warning. Perhaps you may like to tone down a little on personal attacks as well. Let's not feed trolls and keep the discussion in place?

Thanks for your help.

Thanks for the note, if you did, it must have been in one of the threads that I must have missed it. . Embarassed

Your wish is my command. . Mr. Green

I can be gracious until ...... . Rolling Eyes

qpicanto SG

I read that new flats to be built in Tampines by private developers.

pearlie27 SG

xiaomayi,

you don't have to finish paying for your flat before you can migrate you know. you can just sell the flat to someone else.

hisoka SG

even if you "buy" you also rent anyway. its not yours. you have to move out after 99 years.

even the freehold properties the government can jsut take back on excuses of for society or something. like to make road etc.

will4 SG

I partly agreed with this statement. If they decided to immigrate to another counyty, they need not worry about the remaining loan.

TooFree SG

The housing market is no longer one where the majority of households live in accomadation rented from private landlords, as was the case in eighty years ago. Owner-occupiers have been enouraged for many years to buy dwellings rather than rent them by government policy. This situation is not peculiar to Singapore but also in other countries.

The encouragement of owner occupation can come in the form of a grant for the low-income earners based on merits. Neutral

LinYu SG

Maybe we have to look into the bigger picture. Without the building of these flats, the construction sector would have crumbled even earlier
Laughing

qpicanto SG

Construction sector was badly hit then, some closed down in the midst of the project. Bad times really.

hisoka SG

actually the housing market is still one where the majority of households live in accommadations rented from landlord. only difference is the landlord is the government now and the rent is paid upfront

qpicanto SG

I think the country should have built higher flats like what they are doing now earlier. Can free up more land, more land available for other use. No thanks to the height limits.

diggo SG

My take on the issue:

It is good that the govt acknowledge the needs of the low-income and provide for accomodation for them.

The amt of over supply 5 rooms flat shows poor planning for HDB in focusing large flats without looking into the demand for the flats.

Rental.. it depends on the room type. Correct me if I am wrong, rental for large flat type (5 rm and above) may be justified (instalment payment is in the 1.3k range whereas rental is about 1.2k). Smaller size units will have rental payment higher than the instalment payment.

pearlie27 SG

HDB was blinded by the obscene profits it made from selling these flats. If I don't remember wrongly a 5-room flat costs about $50,000 to build but HDB sells it at $300,000+. That kind of profits will definitely make anyone loose his senses!

iamgoondu SG

else how those retrenched and reassigned to surbana could still receive their golden handshake? what's more distressing was that those retrenched were not subjected to any 25 months maximum paidoff.

why retrenched and paid someone who were left with few months to retire when u can still keep him to wash the toilet at least?

how much surbana chief receive when he was transferred from hdb to surbana?

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