31-10-2022, 11:36 AM
![](https://i.imgur.com/CLvY2jA.png")
HDB's annual deficit increases to more than S$4 billion highest since inception of PH
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31-10-2022, 11:42 AM
lol now a days really this NEW PAP BS OPENLY ....
One unit so many people ballot and everyone pay 10 ++ include GST soon GST hike
than HDB will not say openly how much the building cost same for Private developer
is due to " trade secret etc " SO End of the day NO BODY can know in depth how much profits they earn in fact
judging from over the years how property go in SG as prices increase.
One unit so many people ballot and everyone pay 10 ++ include GST soon GST hike
than HDB will not say openly how much the building cost same for Private developer
is due to " trade secret etc " SO End of the day NO BODY can know in depth how much profits they earn in fact
judging from over the years how property go in SG as prices increase.
31-10-2022, 12:00 PM
easily solved by using the reserves of sold land by tender to pay off HDB's "debt". Really all of us know it is sth like left pocket to right pocket stuff. Using mark to market prices is to tell us that bto flats are cheap cheap compare to private flats.
31-10-2022, 12:10 PM
So that hdb can keep lying. The per unit HDB is easily 400% profit.
31-10-2022, 12:26 PM
(31-10-2022, 12:10 PM)Niubee Wrote: So that hdb can keep lying. The per unit HDB is easily 400% profit.
and they hire so many FWs each paying levies $350 to $600 per mth
MOM also has huge $200 MILLION per mth profits from construction sector
Why do we need 5 Mayors and 80 PAP Ministers?
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