Forum: Look into property tax burden for seniors living in private properties
#1

https://www.straitstimes.com/opinion/for...properties
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#2

Downgrade lor. If cannot afford why need to show off? Survival more important
[+] 1 user Likes Stoki's post
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#3

Agreed. Should downgrade if cannot afford.
[+] 1 user Likes Ken's post
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#4

So rich can live in private properties and have maids

No valid reason to seek any financial help at all

Why do we need 5 Mayors and 80 PAP Ministers? 
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#5

(28-08-2024, 11:05 AM)Stoki Wrote:  Downgrade lor. If cannot afford why need to show off? Survival more important



They can easily rent out, lah

My friend living in Simpang Bedok bungalow rented out 1 whole Room to one Ang- mo

for $2.8k/ mth which can cover the property tax

Why do we need 5 Mayors and 80 PAP Ministers? 
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#6

Those old folks inherited very old leasehold landed at remote areas, no value cannot sell cannot rent. These are the ppl who need help maybe with tax exemption
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#7

Actually with owner occupation concession it’s still ok for most owners. If left vacant or rented out, the taxes are very high
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#8

(28-08-2024, 11:05 AM)Stoki Wrote:  Downgrade lor. If cannot afford why need to show off? Survival more important

There are many retirees who bought landed homes back in the 1960s and 70s which they have grown emotionally attached to. Many of these houses are situated deep inside private estates that are not easy to sell or rent. Without any income, these seniors have trouble paying their property tax as well as the cost of maintaining these properties. HDB dwellers suffering from a bad case of sour grapes are unlikely to understand the plight of these elderly land owners. 
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#9

(28-08-2024, 12:28 PM)WhatDoYouThink! Wrote:  Those old folks inherited very old leasehold landed at remote areas, no value cannot sell cannot rent.

(28-08-2024, 02:14 PM)EvertonDiehard Wrote:   Many of these houses are situated deep inside private estates that are not easy to sell or rent. . 


Rich people all have cars and happy to buy these houses inside

that gives them so much privacy

I have seen many old bungalows torn down and rich people

can afford $1.5 million on renovation

Why do we need 5 Mayors and 80 PAP Ministers? 
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