Making hdb flats more affordable

last SG · 2011-06-22T00:13:15+00:00

If they dun reduce to the price of TS advice. I will continue to vote for opposition;

dechang SG

One idea is to sell HDB at slightly higher price than the cost needed to build the flat.

Maybe 10 to 20 percent higher.

Yup. But hdb will never be willing to tell us the true cost price

charlize SG

If TS so confident about his strategy, can send it to the mini - star for evalutaion.

Make the mini - star LOL for one day.

dechang SG

If TS so confident about his strategy, can send it to the mini - star for evalutaion.

Make the mini - star LOL for one day.

Your 1st day in singapore or your 1st day knowing the mini-star?

shanfan SG

I believe Khaw ah Wan is using the same as what he said during his days as health minister, that is, affordable does not mean cheaper.

All PAP ministers have an agenda to follow to contribute to the kingdom of money for Lee Dynasty, the interest of citizens is the least they will care.

soul_rage SG

where did you get your statistics on small percentage of singaporeans who want to own a flat and a huge percentage of others who already own one?

You imagined it out? or naively think that there is a huge percentage who own hdb and a small percentage who want to own a flat?

It's pretty obvious you don't even do a little bit of critical thinking.

How long has Singapore been in existence?

How long have we had HDB flats?

what is the percentage of people in the age group that are looking for flats now, versus the entire population as a whole?

You don't even need statistics to come to the information. Am not interested in spoonfeeding you though I know where the statistics are.

soul_rage SG

(1) Naive. You think government is really sincere in wanting to curb immigration and restrict foreign labour influx

(2) How do you attract more investments from MNCs when they come to singapore and you restrict foreign labour influx causing their labour costs to increase?

Which MNCs will want to come to singapore to invest and employ expensive singaporeans to work for them?

Some people are so simple minded. I guess this is your 1st day in singapore huh

I guess you are one Singaporean that has been corrupted by the govt's talk about being cheap and good (with cheap being the most impt factor).

There are other means of attracting investment, labor costs being ONLY ONE of them.

Aiyo... you really aren't doing much critical thinking, eh?

And since when are we talking about the sincerity of the govt? We are talking about how to manage costs, NOT about whether the govt is sincere in really wanting to manage costs or not.

If you cannot get out of the mindset of "I hate the Govt", and look at things objectively, no one can help you.

You will just continue to whallow in self-pity.

And, since you like to criticize without giving any alternate suggestions (as per always for armchair critics), why don't we hear what you think we should do, for our housing woes right now?

icare SG

seems like soul_rage is talking about himself.

He comes out with naive solutions and than act smart and than say other people got no solutions to offer.

Pot calling kettle black

soul_rage SG

seems like soul_rage is talking about himself.

He comes out with naive solutions and than act smart and than say other people got no solutions to offer.

Pot calling kettle black

*shrugs*

whatever. I am too lazy to educate immature kids.

A suggestion to peg prices for HDB flats based on your simplistic idea is really stupid, given the situation we are in now. Not only is it stupid, it's totally irresponsible, for it will cause damage to individuals as well as our economy.

I am glad we don't have leaders that are as immature as you. That will be really sad for Singapore.

Almond Cookies SG

Yup. But hdb will never be willing to tell us the true cost price

yah. They wont tell us.

icare SG

*shrugs*

whatever. I am too lazy to educate immature kids.

I am glad we don't have leaders that are as immature as you. That will be really sad for Singapore.

It will be even more sad for singapore to have brainless idiots like you,

I feel sad for your parents for having kids like you.

You waste singapore oxygen and food

You are better off dead than alive useless piece of shit

angel7030 SG

eh...guys, i thot we are talking about HDB prices...

CfCJ SG

Im just afraid that KBW ask me go malaysia stay if i want affordable house. =(

soul_rage SG

It will be even more sad for singapore to have brainless idiots like you,

I feel sad for your parents for having kids like you.

You waste singapore oxygen and food

You are better off dead than alive useless piece of shit

haha, that's all you can muster little kid?

Sad, really sad, really low level of knowledge, can't even muster a decent piece of insult.

Loor SG

Ok, stop arguing already.

I think more can be done to make housing more affordable, but I'm not sure if the idea by TS is the way to go.

Firstly, more affordable to who? To the poor, to the rich or to everyone? A one-size fits all policy will only create more problems.

As mentioned in other threads, you also have to look at other policies relating to housing - investment, overseas buyers etc. All of this are related and can affect the general affordability of housing for locals.

I think an option would be to offer subsidised housing for groups on the lower scale of income (is this kind of information readily available?). I think it is that group that can really say that housing needs to be more affordable.

dechang SG

I think we should just ignore soul_rage.

Once school reopens, this kid will be gone. He will be back in school getting scolded by his teacher for being a pea brain

Demon Bane SG

We are definitely dreaming....I dun think the prices of HDBs will fall that much....it'll fall but will have a minimum threshold eg. S$300k for a 5bdrm.... nothing less than that....

angel7030 SG

I think you do not understand the impact of property price fall, so far for the past years, it had shoot up tremendously, non stop. Once there is a downfall, it will hv a domino effect that affect all things, more so are those who had bought it at 600k for a 5 rms, ++interest total 700k++ will be still paying more than what his pals who just bought it for 300k, who during his time, he could had paid off by now or able to pay one time off. The sudden shift of property prices down would create a scenarios for foreigners to withdraw and in a all business related economy like singapore, you will see fall in sharemarkets, construction, industrial supporting construction and so on,..at the lower end, earn less, eat less and travel less, food stalls will take in less and taxi drivers etc etc will hv to suffer.

angel7030 SG

Because of singaporeans fail to show objection to prices of HDB increases till now, the govt had created a price that is beyong comprehension and that price is deem affordable from the ever buying spree by Singaporeans, who also want their property to be worthy and keep going up. And to satisfy both greed, the govt allow the price to go upwards in order to churn the economy, make leasers happy and attract foreign investment, ultimately, when the next generation of young peoples go into the property market, they will not be able to pay such a price with such a paid. Then they will not elect the govt for another term, I think PAP still dun understand why they lost a GRC?

angel7030 SG

Last week I got foreign gal fren from sweden who came to visit me, very pretty, we know each other during my poly exchange program, I let her stay in my guest room for as my guest. As a social educator she is now, she asked me why singapore govt flats are so expensive, I told her because singapore land is limited and therefore costly, she said that if you build a 5 rms alone, she agree that it will be expensive, but stretch of 5 rms up 20 to 50 storeys, it should not be so expensive, they should take the 1 million dollars divide by 20 storeys, so each cost only 100k

Askingyouto SG

Government will not stem the flow of foreigners despite a barrage of propaganda from the press. The government will still want to fool citizens into believing that action is being taken.The government needs new citizens to shore up its own support base for the next election and to prop up Singapore economy or ministers and their cronies will not be able to eat their abalone seafood feast, go France for culinary classes, throw weddings for a few hundred thousand dollars.

The government did not have the welfare of the people at heart in the first place thus causing this to happen, the government is not interested in helping its' own citizens, it helps only foreigners with free housings, scholarships and jobs. They went overseas to literally beg them to come.

New flats are being constructed, still a few more years, so people who are holding onto expensive flats will have a chance to try and do some personal damage control if they really find themselves in a unfavourable position. There's still time.

What the government should do is trying to cool the property market step by step, with enough time so that people can do some adjustment.

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