Public housings are over supply already!
My sister-in- law bought her 5rm in sengKang at about S$280,000
which is nearer to MRt Station in year 1998 or 1999.
Now, the 5rms's price there had dropped to at least 15% to 20% for
sengkang. Why House of Dirty Bastard revised the price downward to
boost the sale of the flats?? Simply, the tender price has came
down drastically also.
So, see the freaking difference of price that people got to pay
compare to the earlier buyers???
The worst thing was they got foreign contractors to partcipate in
tender and compete with the locals. These foreign contractors were
so advance in their building construction technologies and loads of
housing were built in tremendous speed and leaving behind desperate
contractors fighting and suicides themselves.
Foreign contractors had in fact bitten the biggest part of the cake
which the majority of public housings that they had built were way
before the downturn of construction industry.
If it is not of the poor management by House of Dirty Bastard,
contractors would have better chances of surviving. Thus, most
people will still be in their job.
The poor management of House of Dirty Bastard had also allowed
contractors with lowest bid to commence construction of projects
and many were gone burst due to fierce competitions.
The most disappointed was most all the commercial buildings were
built by foreign contractors. The gov was not even bothered to
assist local contractors to upgrade their skills and technologies
or to control the unhealthy competitions among ourselves.
Further, House of Dirty Bastard jolly well known all materials and
labour rates of construction and still allowing the doomed
contractors to take part. And when the construction company gone
burst, many unfortunate foreign workers, suppliers and
sub-contractors were left struggling with no payments. And these
also attributed to lost of many jobs.
Not to long ago(maybe 7 seven years ago), the beginning of
incredible fierce competitions in biding, Contractors tendered
projects at below cost, becoz the boses were able to trade the
manyear that were being allocated to them by the Authority. So with
this loophole, the boses could grapped a huge profit from the man
year that they had sold and when the company got into trouble, they
just wash their backside and run away!!!
A project of 50 to 60 millions in contract sum can easily make a
profits of at least S$3 to S$4 millions in cash of black money by
both the contractor boses and the workers' agent. All foreigner
workers had in fact got loans from loan sharks, friends or
relatives to come to Sillypore to work. And all these boses and
workers' agents were so inhumane to big bucks out these poor
people.
The worst part was in many cases, contractors don't employ these
workers but they sold the workers to somebody else. instead, most
work sites were employed with certain amount of illegal
workers.
In our rutally society, many construction workers were taking big
risk at work to earn a living. Especially, the scaffolds erecting
workers; they swinged from one scaffold to another which I had seen
them in many work sites. Imagine, if you are doing it yourself and
high floor???
Worst, these workers' pay was only S$20 to S$30 dollars per day!
With these lower educated workers, aren't they were also
contributing a big part to our economy?
In my opinion, these wokers were really been ill treated which they
have to risk their lives to earn a living and making big bucks for
their F**king boses to enjoy living in luxury.
As compared, the so call executives drawing big bucks and I dunno
what are they doing or contributing.
So you see, are we
efficient??????????????????????????????????FFFF888888888KKKKKKKKKKKKKING
