tag:blogger.com,1999:blog-17473688.post4947352768368007461..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: Properties are up for grabsChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-17473688.post-90627880627144483022009-07-10T08:42:16.332+08:002009-07-10T08:42:16.332+08:00the losers should confine themselves to the hardla...the losers should confine themselves to the hardland.<br /><br />next time they will have to pay to visit orchard road.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-90631091625739096542009-07-09T22:58:11.900+08:002009-07-09T22:58:11.900+08:00I hear that not only mainland Chinese are buying....I hear that not only mainland Chinese are buying. Ppl from far-away places as far as Scandinavia countries are buying homes in Singapore. We are at crossroads of this Asia Tsumani and it is expected many well-heeded will buy properties here given it well run infrastructres. I also think those who are stationed in India comes here to get R&R before going back due to India poor Pennnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-78830800377124905992009-07-06T17:22:19.543+08:002009-07-06T17:22:19.543+08:00On the contrary, the majority vote for a minority ...On the contrary, the majority vote for a minority and it is this minority who decide the fate of the majority.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-83944063003589198132009-07-06T11:58:05.043+08:002009-07-06T11:58:05.043+08:00The majority decides.
Live with it.The majority decides.<br /><br />Live with it.Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-33537703356061937732009-07-06T11:52:49.547+08:002009-07-06T11:52:49.547+08:00the people elected the govt to run the country tha...the people elected the govt to run the country that the govt thinks is good for the people. this is what the govt thinks is good for the people even if the people disagree. this is the contradiction in a democratic system.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-54667318706583930542009-07-06T07:56:13.647+08:002009-07-06T07:56:13.647+08:00"then we may unconsciously sell off the whole..."then we may unconsciously sell off the whole country."<br /><br />By opening the floodgates to economic migrants, the PAP has already done that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-74194565072589287402009-07-05T10:51:55.755+08:002009-07-05T10:51:55.755+08:00hi Penn, welcome to the blog.
in most of my posts...hi Penn, welcome to the blog.<br /><br />in most of my posts, my position is moderation. allowing a system to go fully commercial, fully free enterprise, or at the other end, fully state control, will lead to disasters. what is needed is to moderate the extremes, make adjustments, to prevent extremes that will lead to extreme measures or consequences. we do not want to end up like the concluding Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-40458444504737588502009-07-04T22:07:59.003+08:002009-07-04T22:07:59.003+08:00Wally, I hope you are just kidding. You do not sou...Wally, I hope you are just kidding. You do not sound poor enough for a one room rental flat. Give the really down and out a chance.<br /><br />HDB has already got checks to make sure only those who need it can get those flats. Before you sell your three room, if I can remember correctly, those who apply must not have sold their homes within one year of application and there is an income and Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-9965670868533211162009-07-04T18:30:53.830+08:002009-07-04T18:30:53.830+08:00Some people are plain STUPID. They don't under...Some people are plain STUPID. They don't understand the implication of a 99 year lease. When you upgrade from a leasehold to FREEHOLD, that's true upgrading and worth every penny.<br />Upgrading a lease to another lease?<br />What happen at the end of 99 year lease? The government takes back your property free unless you sell it before the end of the lease. But, who is stupid enough to Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-78309317397250686152009-07-04T18:03:57.594+08:002009-07-04T18:03:57.594+08:00It is my honest opinion that government does not s...It is my honest opinion that government does not steer or manipulate property prices. The market had opened itself to buyers from all over the world - that is the true spirit of a free economy. example rich Chinese from mainland will buy up lots it they are for sale. .. that the true spirit of a free economy. <br /><br />Richer SIN are also buying properties in Bangkok, Kulau Lumpur & Pennnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-47977957467949366112009-07-04T15:57:11.420+08:002009-07-04T15:57:11.420+08:00hi wally, one day someone is going tell you that y...hi wally, one day someone is going tell you that you are abusive the system, taking advantage of the syttem. rich people cannot live in rental flats or smaller flats, just like hospital wards. they are heavily subsidised.<br /><br />they will soon introduce means testing for those who want to downgrade.<br /><br />as for the valuation of properties, some will think that it is ok to pay that kind Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-53718370756951102302009-07-04T14:16:37.561+08:002009-07-04T14:16:37.561+08:00The assumption is the property market will never c...The assumption is the property market will never collapse like a house of cards. The confidence is so sky high, it is just not possible to end with that scenario in little red dot. <br /><br />Hmmm, like Wally, I am thinking of downgrading to a rental flat, if possible. You know, they have made rental flats very difficult to qualify for, and you have to wait for a long long time, maybe years. I Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-69066679985649432142009-07-04T14:01:44.355+08:002009-07-04T14:01:44.355+08:00LHL aka Pinky:
glad u finally understood what i m...LHL aka Pinky: <br />glad u finally understood what i meant when i said NOBODY WILL BE LEFT BEHIND. if u are a NOBODY, u will be left behind!<br />so happy i don't have to pretend to care anymore. thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-57804153789382393362009-07-04T10:45:59.524+08:002009-07-04T10:45:59.524+08:00I guess S'poeans can kiss their CPF funds good...I guess S'poeans can kiss their CPF funds goodbye after all these asset enhancement. My main grouse is why are 45 yrs properties still valued at current valuations? This property fervour is a very good system of keeping funds within the country, provided it do not collapse like a house of cards. It is not easy to downgrade, takes a bold approach in thinking and perception. The contrarian Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-77311818825845874942009-07-04T09:36:48.532+08:002009-07-04T09:36:48.532+08:00I am downgrading to a 1 room rental flat and is in...I am downgrading to a 1 room rental flat and is in the process of selling my 3 room HDB. Response has been so good that my property agent is giving me a discount on selling it because as he puts it, "not much selling is required" and response was so good that he had to pre-qualify buyers before allowing them to see my flat. Can you imagine it? I keep telling him that I am not selling a Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.com