ST FORUM :Don't let people own HDB flat and private property at the same time
#31

(04-10-2022, 01:07 PM)Lukongsimi Wrote:  Hdb dwellers quite fortunate loh
More gst utilities rebates from Govt 
My aunt complained she gets nothing living in penthouse

This is WHY Your Aunty Should get a HDB first even she is rich THAN GO buy many condo to rent out.
NOT only she got GST Rebate since she stay in HDB owned an HDB also collect rent from those condo she owned.
Reply
#32

(04-10-2022, 05:14 PM)[[ForeverAlone]] Wrote:  This is WHY Your Aunty Should get a HDB first even she is rich THAN GO buy many condo to rent out.
NOT only she got GST Rebate since she stay in HDB owned an HDB also collect rent from those condo she owned.

that is playing the UNFAIR system

You have 4 user(s) on ignore
Somme road, alerts,  Choc,  winbig

Foo Mee Har is my sister in law - FACT
https://linktr.ee/freckydoodles
http://www.yuffy.com/trial/clippings.html
Reply
#33

High time that rules for owning a HDB flat must change as population increases again. Either own a HDB flat or a condo cannot have both. If seriously want to make HDB flats affordable and give aspirations to young couples a headstart in life. Once young couples become rich, move on to private property. The usefullness of owning private while staying in HDB mop 5 years has outlived its mission.
Reply
#34

if its really public housing
then buy HDB can only sell back to HDB

wanna make money by flipping etc, do it in the private property market

except these are PAP rules and ideas and they can do no wrong as gods

You have 4 user(s) on ignore
Somme road, alerts,  Choc,  winbig

Foo Mee Har is my sister in law - FACT
https://linktr.ee/freckydoodles
http://www.yuffy.com/trial/clippings.html
[+] 2 users Like wendychan's post
Reply
#35

The problem really isnt how many or what properties citizens own.

It is the wealthy foreigners or PRs destabilising the valuation and market sentiments.

Their participation in the local property sector is hardly gated.

It is a circular economy. Property is interconnected with our gov foreign investment policies.
[+] 1 user Likes toothpick's post
Reply
#36

[Image: Mk3hDfK.jpg]

You have 4 user(s) on ignore
Somme road, alerts,  Choc,  winbig

Foo Mee Har is my sister in law - FACT
https://linktr.ee/freckydoodles
http://www.yuffy.com/trial/clippings.html
Reply
#37

greedy Christopher Soh,

so back to square one

own HDB after MOP can own condo as well

own condo, buy HDB , must sell condo

You have 4 user(s) on ignore
Somme road, alerts,  Choc,  winbig

Foo Mee Har is my sister in law - FACT
https://linktr.ee/freckydoodles
http://www.yuffy.com/trial/clippings.html
Reply
#38

Not possible to change rules now and crash the market, but instead implement hefty 2nd or more properties tax.
[+] 2 users Like mikotan's post
Reply
#39

(05-10-2022, 09:32 AM)wendychan Wrote:  if its really public housing
then buy HDB can only sell back to HDB

wanna make money by flipping etc, do it in the private property market

except these are PAP rules  and ideas and they can do no wrong as gods

if can only sell back to hdb, the resale price will be low.

therefore hdb cannot push up bto price.

hdb will collect less money.

if using current system, resale price high followed by bto price and private properties.

govermnent can collect much more taxes.
Reply
#40

(04-10-2022, 08:44 AM)wendychan Wrote:  "It doesn't seem logical that a person who owns a private property cannot buy a resale flat, but a person who owns an HDB flat can buy a private property and rent one of the properties out.

A flat owner who buys a private property should be required to sell the flat. He should not be able to live in the private property while using the HDB flat as a cash cow."
That is old HDB policy
The new policy is sell your HDB flat if want to buy Condominium, right?
Reply
#41

(05-10-2022, 09:32 AM)wendychan Wrote:  if its really public housing
then buy HDB can only sell back to HDB

wanna make money by flipping etc, do it in the private property market

except these are PAP rules  and ideas and they can do no wrong as gods

This shd be the way. 
This team has jeopardised the public housing objective by allowing PRs buying public housing.

I strongly believe this team will be kicked out in 10 years time.

Owning private property is still the minority sinkies.

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
[+] 1 user Likes RiseofAsia's post
Reply
#42

(08-10-2022, 06:00 PM)drgn Wrote:  if can only sell back to hdb, the resale price will be low.

therefore hdb cannot push up bto price.

hdb will collect less money.

if using current system, resale price high followed by bto price and private properties.

govermnent can collect much more taxes.
public housing my ass.
its being traded almost like private

You have 4 user(s) on ignore
Somme road, alerts,  Choc,  winbig

Foo Mee Har is my sister in law - FACT
https://linktr.ee/freckydoodles
http://www.yuffy.com/trial/clippings.html
[+] 1 user Likes wendychan's post
Reply
#43

(08-10-2022, 07:24 PM)Oasis Wrote:  That is old HDB policy
The new policy is sell your HDB flat if want to buy Condominium, right?

not at all
just have to finish the MOP of 5 years
hence the first post in this thread

You have 4 user(s) on ignore
Somme road, alerts,  Choc,  winbig

Foo Mee Har is my sister in law - FACT
https://linktr.ee/freckydoodles
http://www.yuffy.com/trial/clippings.html
Reply
#44

(04-10-2022, 11:01 AM)WhatDoYouThink! Wrote:  many staying in hdb are very rich. can see many new and big continental cars in carparks. but not too many in private estates, and many hv given up driving

if dun allow these rich hdb owners to invest in local properties, they'll go overseas. the impact is worse

If they can make more profit overseas
don't think they will invest here
Reply
#45

Those who have both HDB and private house

should have property 25% sale tax of private house

Why do we need 5 Mayors and 87 PAP Ministers? 
Reply
#46

(04-10-2022, 08:43 AM)wendychan Wrote:  https://www.straitstimes.com/opinion/for...-same-time

you cannot do that on everyone

some people fark both cheeby hole and backside hole.

cause those holes are so close together and it is hard to poke the correct hole everytime
Reply
#47

Well, for those who stay in HDB and has no intention to buy a private property, nothing to do with them.. Let those affected go and kao pei..

Private property cannot buy HDB may make some sense, coz if you already can afford private, why come back to compete with the HDB ppl..

Where else HDB ppl, 'upgrade' and buy another private, help to boost the sales of private property..

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..
Reply
#48

(08-10-2022, 07:49 PM)wendychan Wrote:  public housing my ass.
its being traded almost like private
Yes there is clear tendency the HDB is selling like private property
How many flats were sold at million?
Is the number of milion flat sold is decreasing?
The low income group can afford the price increasing each month?
Be it 3 room, 4 room or bigger unit?
What went wrong after introduced few cooling measures?
Reply
#49

(08-10-2022, 07:46 PM)RiseofAsia Wrote:  This shd be the way. 
This team has jeopardised the public housing objective by allowing PRs buying public housing.

I strongly believe this team will be kicked out in 10 years time.

Owning private property is still the minority sinkies.


YEP!

PRs are formerly FTs

already reserved good jobs for them

yet they fight with us on public housing

They are ROBBERS in every thing here

Why do we need 5 Mayors and 87 PAP Ministers? 
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)