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+--- Thread: Forum: Look into property tax burden for seniors living in private properties (/Thread-Forum-Look-into-property-tax-burden-for-seniors-living-in-private-properties)
Forum: Look into property tax burden for seniors living in private properties - forum456 - 28-08-2024
https://www.straitstimes.com/opinion/forum/forum-look-into-property-tax-burden-for-seniors-living-in-private-properties
RE: Forum: Look into property tax burden for seniors living in private properties - Stoki - 28-08-2024
Downgrade lor. If cannot afford why need to show off? Survival more important
RE: Forum: Look into property tax burden for seniors living in private properties - Ken - 28-08-2024
Agreed. Should downgrade if cannot afford.
RE: Forum: Look into property tax burden for seniors living in private properties - Ola - 28-08-2024
So rich can live in private properties and have maids
No valid reason to seek any financial help at all
RE: Forum: Look into property tax burden for seniors living in private properties - Ola - 28-08-2024
(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
RE: Forum: Look into property tax burden for seniors living in private properties - WhatDoYouThink! - 28-08-2024
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
RE: Forum: Look into property tax burden for seniors living in private properties - WhatDoYouThink! - 28-08-2024
Actually with owner occupation concession it’s still ok for most owners. If left vacant or rented out, the taxes are very high
RE: Forum: Look into property tax burden for seniors living in private properties - EvertonDiehard - 28-08-2024
(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.
RE: Forum: Look into property tax burden for seniors living in private properties - Ola - 28-08-2024
(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