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(23-07-2022, 10:23 AM)sgbuffett Wrote: Not that I am looking for a new place but was just curious if I upgrade how much it will cost.
This is what I saw. 4 room flats in almost all matured estates are asking $500+K.
![[Image: b0XijYc.jpg]](https://i.imgur.com/b0XijYc.jpg)
If you get a housing loan 30yrs of $450K HDB jnterest rate of 2.6%. The repayment per month is $2.2K
Around 40-45% household income is below 5K ..at least 44% of their income has to be use to service the loan for 30yrs.
Based on this I would think most people will go for resale 3 room flat so they don't overstretch
Calculation for.$450K loan:
7
If jobless without income also can’t apply loan to buy flat
Unless your co owner has a job
Answer not a fool according to his folly, lest you also be like him" (Proverbs 26:4)
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(This post was last modified: 23-07-2022, 06:09 PM by
Lukongsimi.)
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our gov simply cannot made it. sub standard asking for high price we need to paid. foreigner coming over made things worse. future generation will suffered in silent if we keep going like that. job and food security is a concern, we need this priority as a local true blue singaporean.
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Willing buyer, willing seller..
1. I have served the nation in a combat unit for 2.5 + 10 years. I had fulfilled my duty as a citizen, but has the country do it's part for me?
2. I don't know where the threat of CCP is, but I know the threat of CECA is already at my doorsteps
3. I had been called a CCP, JHK, Pinoy, but they never called me a CECA..
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(23-07-2022, 11:17 AM)Blasterlord2 Wrote: This is my greatest fear too. We're becoming too much like the old HK, and that's because the govt is only interested in collecting money and not concerning themselves with the future. Now we're already seeing signs of it - smaller flats, high cost of living etc.
Prefer RAID SINGAPORE RESERVES by govt selling cheap BTO, and let buyers profit big time when resale ?
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(23-07-2022, 04:46 PM)mikotan Wrote: Asking price, not transacted price. Mean nothing, what's the fuss. I can also put my HDB at 1,888,888.88
Bro these are real prices...didn't you hear recent AMO launch at so so location $2000psf...$2.6M units all sold out....
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(23-07-2022, 11:17 AM)Blasterlord2 Wrote: This is my greatest fear too. We're becoming too much like the old HK, and that's because the govt is only interested in collecting money and not concerning themselves with the future. Now we're already seeing signs of it - smaller flats, high cost of living etc.
Tats why someone already spoken what's in their heart and mind.
Code:
You don't need much space to have sex:
🐓🐓🐓🐓🐓
Still complain Singaporean is not giving birth!
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(24-07-2022, 10:30 AM)jus4lucky Wrote: our gov simply cannot made it. sub standard asking for high price we need to paid. foreigner coming over made things worse. future generation will suffered in silent if we keep going like that. job and food security is a concern, we need this priority as a local true blue singaporean.
Be a PR is better than a citizen here
Why do we need 5 Mayors and 80 PAP Ministers?
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(23-07-2022, 11:02 AM)Cmpunk Wrote: This kind of place and 4 room asking 500K?
Can sell or not? I thought was about 350K
can sell why not? this type of economic situation many are downgrading as most got no job or need money for day to day runing,
pay school fee and etc.
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(23-07-2022, 10:23 AM)sgbuffett Wrote: Not that I am looking for a new place but was just curious if I upgrade how much it will cost.
This is what I saw. 4 room flats in almost all matured estates are asking $500+K.
![[Image: b0XijYc.jpg]](https://i.imgur.com/b0XijYc.jpg)
If you get a housing loan 30yrs of $450K HDB jnterest rate of 2.6%. The repayment per month is $2.2K
Around 40-45% household income is below 5K ..at least 44% of their income has to be use to service the loan for 30yrs.
Based on this I would think most people will go for resale 3 room flat so they don't overstretch
Calculation for.$450K loan:
7
But u also sell expensive, so i wonder sometimes how people make money, U sell exp u also buy exp. unless u downgrade.
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