Boon Wan is churning out so many flats within a year, averaging 25,000
or more. The latest announcement was 33,568 for this year. And this is
still not enough and the demand is mounting.
With the benefits of hindsight, we can see what happened over the last
few years. We, the low down untalented citizens, only have hindsight to
say our piece. Foresight is only the reserve of the supertalents. With
foresight, over the horizon ability, they could predict the future, plan
ahead, nip problems in the bud before they went out of control. With
hindsight, we can see how problems were not nip in the bud, no proactive
actions, and problems got blown out of proportion.
We now know the cutting down of building HDB flats to less than 10,000
units for several years prior to Boon Wan’s ramping up the building of
new flats was a gross mistake. We also know that there were pent up
demands by a growing population. We also know that when HDB was not
building enough flats, the population was increasing like crazy with
hundreds of thousands of foreigners being allowed into the island and
needing more flats. Hindsight can tell the uninformed and ill informed
citizens of the truth, of what really happened and what really went
wrong.
Did the super talents with their foresight saw what were coming?
Definitely. They cannot be that stupid right? And neither could they be
sleeping on the job and not knowing that so many foreigners were let
into the country and the cutting down in building HDB flats would cause a
big shortage of housing while the demand was rising.
What actually happened then that resulted in such a huge housing
shortage problem and the ballooning of housing prices? What were they
thinking or planning or scheming?
With all the foresight and hindsight,
maybe someone would want to tell the people what actually went ‘right’?
Got to say right, saying what went wrong would not be nice and would not
get an answer. What went right?
25 comments:
With this group of high education and well trained Singaporean, which Singaporean spent lots of tax payer money to educate and train, they are highly sought after by foreign countries, foreign countries are happy to welcome them to emigrate and take out their CPF, so they don't to spend tax payer money to train and educate them and can get a group of highly educated with their CPF and savings to come to their countries to contribute to their economy?
Walau early in the morning Rb starts asking the tiger why it devours it's preys.
Prease lah, two legged animals are far more scheming and dangerous than carnivorous la.
The tiger got no answer, the men can offer you thousands and one justifications. And the super powerful beans can even ignore you altogether.
What can you do?
Whether got hindsight, foresight or no sight, PAP is still considered by at least 60% as the best available party to be govt, tio bo?
The answer is simple. Before GE2011, all they ministers' meeting were only talked about how much money they helped Sinkapore make. Every government department must make as much as possible.
So you known what to do right when 2016 is coming.
It is not so much about sight but rather who has better sight under the sight of smart majority SInkies.
Anon 9:16, who do you think they made the money from and what they did with the money they made?
Your sight may not be good but it must be better than your opponent in the sight of majority Sinkies.
Remember in the kingdom of the blind , the one eye jack is King, tio bo?
...who do you think they made the money from and what they did with the money they made?"
Anon 9:29 am
Doesn't matter lah, as long as smart Sinkies can make lots of money for themselves. Why would smart Sinkies want to care how others make their money or did with their money?
Nothing went wrong!
It's all good.
Singapore reserves = value of property in Singapore
And 90% of Singapore property is owned by the Singapore gahmen.
So property price goes up.
Value of our Singapore reserves go up.
And our Singapore dollar becomes more powderful.
Of course high property prices is not so good for many Singaporeans who don't own property ... like newly weds and the young Singaporeans.
But like PM Lee say ... "We want Singapore to do well, so Singaporeans can do well."
Who is Singapore ... I dunno lah.
But Singapore is doing well according to our GDP numbers.
So according to PM Lee, eventually there will be trickle down effects that by magic will also benefit Singaporeans lah.
How long that will take I dunno lah.
But this is good politics.
I make you a political promise.
But I don't tell you when I will deliver.
Unlike our HDB loans.
Here, the gahemn will calculate for you exactly how much every month you have to repay.
Either the gahmen is very clever or Singaporeans are damn fuck stupid.
with or without foresight or hindsight, our govt is doing very well......
even with sky high property prices, high healthcare cost and other high cost of living, everywhere you go, you still find people smiling and very happy going about their daily life....
there is no rally or protest like our neighbouring countries.....
so .....................
The property will not burst for at least another few years barring any lehman-like melt down ...
I second guess next xrisis will be currency type that will cause shockwaves globally ....
Sg are well hedge la don worry ...
I second guess it will be some unforseen natural disastous that trigger the next melt down .....
Well guessing is a zero cost game ...
If I win all say I hero n adam smith reborn ..if I don get it right its all right one ..mayb another time I guess right leh
33,568 Units of HDB Flats in a year.
Do we have so many Native Singaporeans applying for 'subsidized housing' in a year?
By extrapolation, it means over 3 million more units will be needed in 10 years(2023 AD).
Our TFR must be flying.
RB, you are damn right. The government plan for assets enhancement and the only way prices can shoot up quickly is with housing shortage. Tio Bo. 90% of the people are very happy sitting on the same property but suddenly become richer at least on paper without doing anything. Only the young got screwed which is the minority but majority of the people are happy Tio Bo. Imagine without lifting a finger, now u may be 500,000 richer. Where on earth you can do that.
So be appreciative of the good work done and the million paid as salary is worth it. But as a caution statement, if it ever crashed don't blame me hor
Referring to your old posts about the time of low prices in 2003, you were lamenting that the govt of the day had overbuilt.
Yet when the govt of the day now is trying to churn out more, should not we be happy so that prices come down.
Make up your mind RB
/// with or without foresight or hindsight, our govt is doing very well......///
November 28, 2013 10:02 am
Aiyah!
We all know our gahmen is doing very well and also getting very well paid lah!
What we want to know is when are Singaporeans going to do well like the gahmen?
When will Singaporeans also get high salaries like the gahmen?
/// With all the foresight and hindsight, maybe someone would want to tell the people what actually went ‘right’? Got to say right, saying what went wrong would not be nice and would not get an answer. What went right? ///
Problem with those who claimed they are the betterer and betterest and deserve the multi-million-dollar pay is that they have nor foresight, only hindsight and backside.
What went right? Very little - most of them went left. And what's left is not right.
I have the solution for them. They should all go for circumcisions and transplant their foreskins onto their eye-lids - egro - they will have foresight.
Actually what some of you said is true. Everything is right, just right. There are so many happy and rich Singaporeans making more money buying up all the expensive properties and cars. There is nothing wrong. Keep up the good work.
Ha! Ha!
The dick heads will finally have a foreskin.
Me like.
the big problem in servicing your housing mortgage will come when there is a global recession where jobs are threatened with widespread unemployment......
with 6.9M people I think jobs may not come easy .......
cheers ......
@ November 28, 2013 10:46 am
/// the big problem in servicing your housing mortgage will come when there is a global recession where jobs are threatened with widespread unemployment...... ///
Yes.
That will be the first shoe to drop.
The bigger problem comes when the shithead bankers then say 'the value of your property has declined by $100K. There is insufficient collateral for your housing loan. Please top up your housing loan collateral by $100K."
This action will worsen the situation because there will be some forced selling of property to raise cash.
This creates further falls in property prices.
Which then affects even more property owners to now top up the collateral with cash.
Creating a downward death spiral in property prices.
Is anybody asking this question in parliament?
Gentlemen,
Let me tell you a secret. Pls keep it to yourself cuz it's top secret ok. The previous minister in charge of housing did not cut his foreskin resulting in him not able to have any foresight cuz his thick foreskin is blocking his foresight! Really langgar dah!
Just heard from radio that the prices of private homes fell again in Oct.
Perhaps they start to feel insecure about the GE 2016.
Economic slavery..... freedom with a very long leash......
Hello Everybody,
My name is Ahmad Asnul Brunei, I contacted Mr Osman Loan Firm for a business loan amount of $250,000, Then i was told about the step of approving my requested loan amount, after taking the risk again because i was so much desperate of setting up a business to my greatest surprise, the loan amount was credited to my bank account within 24 banking hours without any stress of getting my loan. I was surprise because i was first fall a victim of scam! If you are interested of securing any loan amount & you are located in any country, I'll advise you can contact Mr Osman Loan Firm via email osmanloanserves@gmail.com
LOAN APPLICATION INFORMATION FORM
First name......
Middle name.....
2) Gender:.........
3) Loan Amount Needed:.........
4) Loan Duration:.........
5) Country:.........
6) Home Address:.........
7) Mobile Number:.........
8) Email address..........
9) Monthly Income:.....................
10) Occupation:...........................
11)Which site did you here about us.....................
Thanks and Best Regards.
Derek Email osmanloanserves@gmail.com
Post a Comment