tag:blogger.com,1999:blog-17473688.post2581228122796057036..comments2024-03-19T18:57:59.658+08:00Comments on My Singapore News: $1000 income can buy a flat!Chua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger50125tag:blogger.com,1999:blog-17473688.post-61798308782270173482013-02-13T19:38:12.567+08:002013-02-13T19:38:12.567+08:00I have been surfing online more than 3 hours today...I have been surfing online more than 3 hours today, yet I never found any interesting article like yours.<br /><br />It is pretty worth enough for me. Personally, if all webmasters and bloggers made good content as you did, the internet will be much more useful than ever before.<br /><i>my web site</i> - <b><a href="http://madden13.biz" rel="nofollow">replica rolex</a></b>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-21390487105168482022012-03-05T11:16:38.201+08:002012-03-05T11:16:38.201+08:00Could this $1000 thing be like C class hospital be...Could this $1000 thing be like C class hospital beds, limited and need a stringent regime of means testing, and ended up, wait, none available. Go to the queue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-22448384862283280832012-03-05T09:56:34.709+08:002012-03-05T09:56:34.709+08:00Anon 1.28pm - 'what's the big fuss abot se...Anon 1.28pm - 'what's the big fuss abot serving NS ?' Please ask this Q to 35% president re his sons NS ???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-68478981206273321712012-03-05T08:58:37.052+08:002012-03-05T08:58:37.052+08:00Got you Ivan. Everyone is entitled to speak his mi...Got you Ivan. Everyone is entitled to speak his mind and everyone will assess where he is coming from or making sense. Obviously the anonymous you are referring to is an open book as far as his agenda is concerned.<br /><br />Cheers: )Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-35999667160530763422012-03-05T08:42:54.788+08:002012-03-05T08:42:54.788+08:00Wow, that is a shocking number if your guesstimate...Wow, that is a shocking number if your guesstimate is close.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-42616896292619950442012-03-04T11:30:40.341+08:002012-03-04T11:30:40.341+08:00I would say "back of the envelope guessimate&...I would say "back of the envelope guessimate" about $10-15k per room.<br /><br />eg 5 rm 50-75kⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-12929021583091711742012-03-04T09:00:34.217+08:002012-03-04T09:00:34.217+08:00What is the real cost of building the flat? Anyone...What is the real cost of building the flat? Anyone knows?Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-24757463535296653922012-03-04T08:58:39.491+08:002012-03-04T08:58:39.491+08:00I read some of the numbers given on this $1000 inc...I read some of the numbers given on this $1000 income buying a $100k 2rm flat. The $100k price is already a subsidised price mind you. The real market price could be $200k. So with $60k subsidies, the buyer only needs to pay $40k for a 2rm flat with a market price of $200k!<br /><br />The net saving is $160k or 75% of the real value of the flat. Blimey, where on earth on such a good govt, sellingChua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-63275773794988217782012-03-03T12:02:00.546+08:002012-03-03T12:02:00.546+08:00Want to buy HDB flat so easy. Just make sure earn ...Want to buy HDB flat so easy. Just make sure earn only $1000. Earn too much cannot buy. Go pay private developers. And old age no savings not govt problem. Make sure got minimum sum.<br /><br />Swee boh?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-80035364787135784592012-03-03T10:26:33.669+08:002012-03-03T10:26:33.669+08:00Worried parents worried no more. Your children wil...Worried parents worried no more. Your children will be able to afford to buy 2rm HDB flats with an income of $1000.<br /><br />And those who worry about high medical cost, fear not. All you need is $8 for an open heart surgery.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-85894028605688683482012-03-03T10:21:47.769+08:002012-03-03T10:21:47.769+08:00'For many Singaporeans, ‘affording’ a flat mea...'For many Singaporeans, ‘affording’ a flat means emptying the CPF retirement savings. In the 29 Feb 2012 Straits Times report “CPF savings may not be enough for old age”, NMP Marry Liew cited LKY School of Public Policy economist Hui Weng Tat for showing that current CPF contribution rate is not sufficient for retirement even before considering CPF drain for property purchases.'<br /><br Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-13464542069102371432012-03-03T09:50:16.899+08:002012-03-03T09:50:16.899+08:00Hi Jony Ling, welcome to the blog. It is good that...Hi Jony Ling, welcome to the blog. It is good that every blogger post with a nick and may still remain anonymous. It is easier to know which anonymous one is talking to. Better if it is the real name but that is a personal choice.<br /><br />Singaporean poor are really lucky when those earning $12k and above cannot afford to buy a flat and those earning $1k can. No wonder PM said the world is Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-50926297869535492522012-03-02T23:40:29.594+08:002012-03-02T23:40:29.594+08:00@ Jony Ling
"I think u should put ur real nam...@ Jony Ling<br />"I think u should put ur real names here instead of identifying yourself as Anonymous. If you are so confident your views are good, you should put your real names here."<br /><br />The true meritocratic test of an idea or argument is being nameless.<br /><br />So you cannot name drop and say my idea is valid because Einstein or LKY say so.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-43372101248543802392012-03-02T22:28:57.154+08:002012-03-02T22:28:57.154+08:00NSF is now 2 yrs and Reservist is now 10 cycles me...NSF is now 2 yrs and Reservist is now 10 cycles meaning if you serve reservist actively for 10 yrs you will be on the reserve list until 40.<br /><br />Really kns... those have finished the above under the old scheme recently is not even rewarded.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-64317464436525808962012-03-02T22:18:47.788+08:002012-03-02T22:18:47.788+08:00I think u should put ur real names here instead of...I think u should put ur real names here instead of identifying yourself as Anonymous. If you are so confident your views are good, you should put your real names here.Jony Lingnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-76198750456284519052012-03-02T21:39:17.014+08:002012-03-02T21:39:17.014+08:00Aren't they different issues here? Albeit conc...Aren't they different issues here? Albeit concerning the same ministry.<br /><br />Q1) Can a $1k household income afford a hdb flat -> Affordability of housing for lower income <br /><br />Q2) Should a $14k household income be eligible to buy from HDB -> Eligibility and entitlement of Singaporeans<br /><br />Both are worthy of concern in their own right, but the writeup alludes more to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-6432418278087472042012-03-02T21:37:03.507+08:002012-03-02T21:37:03.507+08:00Cow and his pig farmers analogy may fuck up housin...Cow and his pig farmers analogy may fuck up housing in SIN.<br /><br />You can't build "with a heart" without finding people to pay into sellers( who are the exploiters here?)pockets who some are enjoying anther cherry from the COW DUNG.<br /><br />The more you build, and logically, you have to GROW the population.<br /><br />You have to build without farking up people's assets!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-50651521641722640432012-03-02T18:27:20.270+08:002012-03-02T18:27:20.270+08:00https://www.facebook.com/notes/heng-wei-chu/can-yo...https://www.facebook.com/notes/heng-wei-chu/can-you-buy-a-flat-with-1000-monthly-income/441083299980Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-29800413731117144022012-03-02T18:07:36.166+08:002012-03-02T18:07:36.166+08:00Earn $1000 a month can buy a flat ? You probably h...Earn $1000 a month can buy a flat ? You probably have to stinge on many other things, maybe even resort to eating leftovers at haweker centres ! ! The botak kong lan cheow weiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-50286292350291645492012-03-02T17:20:13.448+08:002012-03-02T17:20:13.448+08:00I know long ago there are so many retards in govt....I know long ago there are so many retards in govt. look st those idiots making all kinds of stupid stnt one after another! U still not convinced meh? Really langgar!Gintai_昇泰https://www.blogger.com/profile/08766957906463883192noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-40451171095416460602012-03-02T17:18:15.761+08:002012-03-02T17:18:15.761+08:00Then we also know to do in 2016! So simple. Sncé t...Then we also know to do in 2016! So simple. Sncé they love FTs so much we also replace them with FTs. The rotting system is falling apart!Gintai_昇泰https://www.blogger.com/profile/08766957906463883192noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-36870880769480590072012-03-02T16:49:54.394+08:002012-03-02T16:49:54.394+08:00QUOTE:
"ALL have vested interests in properti...QUOTE:<br />"ALL have vested interests in properties...even those WITHOUT a property. Understand?"<br />ANON: March 02, 2012 4:25 PM<br /><br />Wah! So talented!<br />Your argument so full of merits.<br />I must pause and reflect.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-76038883016498082502012-03-02T16:47:49.589+08:002012-03-02T16:47:49.589+08:00Quoted from someone in Diary's blog ; - Chew o...Quoted from someone in Diary's blog ; - Chew on it doggies. <br /> <br />His assumptions are:<br /><br />1) First time buyer so can buy directly from HDB, borrow from HDB, can get CPF grants, no need to pay resale levy.<br /><br />2) Low income (he said $1K) so can qualify for maximum grants of $60K (AHG and SHG).<br /><br />3) 2 room BTO flat which is going for around $90 - 95K (Fernvale LeaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-91026505600981313772012-03-02T16:25:23.189+08:002012-03-02T16:25:23.189+08:00ALL have vested interests in properties...even tho...ALL have vested interests in properties...even those WITHOUT a property. Understand?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-67636188548300976032012-03-02T16:04:47.313+08:002012-03-02T16:04:47.313+08:00Are we all 走火入魔?? Was at a dinner mtg with 4 old c...Are we all 走火入魔?? Was at a dinner mtg with 4 old classmates last night, all of them sucked in by the property craze, interest has been so low, 0.75% for 30 years loan, can it be true?<br /><br />If any big financial tsunami comes in, all will be without their pants with huge negative assets into their retirement.<br /><br />ONE with 500K mortgage for his condo, another with 770K EC that is only Anonymousnoreply@blogger.com