Good morning Mr RB and All
Hope you are having a good time in China on your holidays.
Anyway, beg to differ.
Singapore housings shall be one day like Hong Kong in the future.
Now also we had shoe boxes 35/45 claustrophobic last time called Studio and now 2 tiny roomed Flexi units.
Even in condos where they called shoe boxes.
Now
even the estates plans and arrangement of the blocks are like Hong Kong
where you could pass a cup of salt or vinegar or even lend an egg to
your neighbour by passing thru your windows.
Also certain designs
of the units undergone a long and dark tunnel with two units facing
each other like the same designs we have in the older estates of Jalan
Kukoh at Chin Swee Havelock.
These are the rental fast to accommodate the Singaporeans at that time in the 60s and 70s.
Now it's back in vogue at Bukit Batok West Plains Ave 8 where my daft friend paid S$169K for just 25 years leasehold.
In my opinion the costs less than 20K.
Just
see the coming Tengah Meadows layout plan where there are about ten
blocks in a circle with nearly six of them in the centre enclosed by the
other outer blocks that faced each other directly.
Just like those Hakka Design Circular Block in China olden time.
Pity those who selected the enclosed blocks that see no outside world except their neighbours blocks facing them directly.
If I were to live in one, within a few years have to seek Mental Counselling as suffered from Claustrohobia.
Now
the biggest is even 4 roomed as they knew they cannot sharpen thwir
butcher knives too sharp to slaughter the Sinkies buying 5 roomed which
is too expensive and then retired as Papuers.
With their what's
nonsense Prime, Premier Middle and them Standard pricing at all these
extortion prices prices Singaporeans in the future shall be staying
in.cages bunks like the Hong Kong.
These Cut Thorats Scholars
knew that in the past classification the difference in pricing just
within certain boundaries next to one another differs a lot.
For example Jurong East and West.
JE Estates are higher in their pricing than JW with some vast differences in certain units and sizes.
Just across the boundary.
Furthermore they are also building and squeezing new flats into the old estates.
So
now they KENG that their extortion prices must be EVEN for all these so
called last time named Urban, Suburban and Rural or New Town pricing.
More profits lah!
So now they have this new term so as to go away with the old different uneven pricing which they cam make much lah!
No eyes see and pity the new generation of Worker Bees that are going to be enslaved by them.
Singaporeans
had no time to even know their been shackled as they had to slog thru
to service all these mortgages and liabilities.
As I said they
will once a while thrown some subsistence of a few chicken wings for you
all to survive and ai see beh see and ai wak beh wak so that you shall
all continue to slog and earned monies for them
Chia lat!
Virgo49
2 comments:
Good morning All
Just to add:
Too many times we are been assured that don't worry your flats won't be devalued only up Valued.
They had what's previously SERs aka Selective Estaes Resettlements.
A few selected ones were relocated to their brand new 99 leasehold flats with even some compensations.
Some you be surprised are lucky even had very good payouts in lieu of these Resettlements
So Singaporeans believed that in time to come as their estates grow older and older that their SERs be coming.
Also those flats in the Prime and even Popular Estates are been sold in the open markets by the hundreds of thousands or even at above the million mark.
Where they are been purchased at that time or long ago at a pittance.
So when the HDB were to build any new flats in these estates, they cannot simply sell to the new buyers at their price of their actual costs and also maybe some profits.
They could sell at maybe at our time in the 60s and 70s pricing of even below a one hundred thousand or even less.
This would upset those owners who are now selling at the open market a few hundred thousands nearly a million.
Also those daft daft Ones who thought nothing of these asking prices and also agreed Ed to buy them.
Thinking that they also in time to come shall also made their damn.profits.
So the HDB have no choice as they are the ones in the first place had slaughter the old owners exorbitant prices.
Now the new flats that they build and squeeze in all these estates have to be priced also at the resale marker pricing.
The old owners happy happy that their units are still profitable but the new BTO buyers have to pay a limb and arse to purchase their first homes.
It's a vicious circle unless Ahem something drastic really happen and all these started crumbling down.
Now back to the Papies Scholars Bright Bright idea and scheme.
They are caught in a bind as too many of their Past Big mouths Leaders who just wanted to win the voters in any elections promised SERs
So one fine day, they have to get a newbie Leader or Minister to wake you all up with their pouring of the cold water that there is no such scheme as SERs now.
Anyway, aha hear me out. Now we have VERs.
Ahem Voluntary Estates Resettlements.
Your old Estates will be also selected for Resettlements as too old also hard maintenance and also last time many many had low ratio of real wasted occupationcy.
Too low storeys blocks on prime land.
Also, poor souls blocks too far from each other that your immediate neighbour cannot borrow the salt and vinegar and eggs by just passing through the windows to windows.
Now we planned so social living harmony for you all that you all staying in close intimate proximity as close neighbours that no need to purposely have to go and buy the emergency groceries downstairs.
Okay back to our ingenious VERs scheme.
Now when you are been selected for VERs, don't worry you be still having a new nice flat as according to what you are staying now in all requirements and specifications.
But see here hoh!, if your old flat lease is already too run out ah, like tooth decay you have to patch up right?
So now we shall allocated a new flat for you. But, but hear me out you have to TOP up the lease of your balance old one if you still wants to have a 99 year leasehold.
Aiya, don't worry lah only a few hundred thousands lah depending in what's you selected.
Next time you could even sell at the open market a million plus what!
So this is the NEW scheme of VERs my fellow Singaporeans.
Enjoy and Cheers
When HDB flats were supposed to increase in value with upgrading and someone burst that balloon, now it is daylight robbery pricing unaffordable flats and still touting them as affordable. Even bungalows can be said to be affordable, but can one have the resources to pay for it? This balloon is going to burst sooner or later, and it will be ugly.
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