25-05-2023, 01:30 AM
![](https://i.imgur.com/CLvY2jA.png")
If Shan's bungalow was rented based on market value, he would be paying $17m / year
![[Image: MVTpZo0.png]](https://imgur.com/MVTpZo0.png)
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
25-05-2023, 02:30 AM
25-05-2023, 06:37 AM
who in his right mind will pay this type of rent ?
25-05-2023, 06:47 AM
Wow, that will be a new Singapore record. So far, none of the GCBs rented out reached 8 figures per year. In fact, none reached $5 million. One almost did (the offer was 4+ million) but the deal did not come about as the owner wanted to reside there instead of renting it out.
https://mustsharenews.com/bukit-timah-bungalow-rent/
https://mustsharenews.com/bukit-timah-bungalow-rent/
25-05-2023, 08:04 AM
Vivian who lives in colonial bungalow once asked if PA recipients want 3 meals in hawker centre, food court or restaurant?
Probably time to upgrade PA recipients to restaurant now.
Probably time to upgrade PA recipients to restaurant now.
25-05-2023, 08:39 AM
Such a big piece of land. Could they be planting their own vegetables and fruits and may be posting a slice cut papaya or a banana tree in this forum once in a while? ..... 
Thinking is difficult, that's why most people judge
Carl Jung
25-05-2023, 08:48 AM
(25-05-2023, 08:04 AM)Sline Wrote: Vivian who lives in colonial bungalow once asked if PA recipients want 3 meals in hawker centre, food court or restaurant?
Probably time to upgrade PA recipients to restaurant now.
Vivian can convert his colonial bungalow to become big restaurant. offer cheap or free food to commoners lor.
In fact , if a restaurant rented the same premises at such LOW RENTAL rates, they will be laughing to the bank!
25-05-2023, 09:02 AM
(25-05-2023, 01:30 AM)fuch_asia Wrote:well said well said! 17M per year would be an UNDERSTATEMENT though.
https://tinyurl.com/bdzb2f2k
more like minimum 24M per year
Our reserves have been raided.
The Suckmythumb's bigger plot of land would have fitted ONE THOUSAND 5 room HDB flats of 1000SQFT Side By Side . And this is not factoring yet the vertical height potential.
( lets say a height of 20 storeys per block . This would mean 20,000 X 5 room HDB flats! If one HDB flat sold for 500K , it would yield the reserves 10 BILLION in profits!
And the HDB peasant buyers will be paying FULL MARKET RATE to SLA for the land and contributing to the reserves! while some greedy fat pig is feeding on our reserves and paying cheap rental occupying 550,000 sqft feet of prime GCB land!
25-05-2023, 11:34 AM
It's time for all ministers to declare their assets around the world and also their domicile status elsewhere, if any.
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