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+--- Thread: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats (/Thread-WP-MP-Louis-Chua-repeats-call-to-lower-minimum-age-to-28-for-singles-buying-BTO-flats)
WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - Sline - 14-09-2022
Last time rationale put 35yo because past this age, likelihood remain single is high.
Now recommend put 28yo, many will remain single below 30? It will cause HDB resale transactions boost for 2brm eventually they found a partner.
RE: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - Stoki - 14-09-2022
Already oversubscribed for married couples, now this suggestion to oversubscribed to record levels?
RE: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - Bigbluedot - 14-09-2022
He will get popular votes from the single day youngs
RE: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - RiseofAsia - 14-09-2022
(14-09-2022, 11:11 AM)Stoki Wrote: Already oversubscribed for married couples, now this suggestion to oversubscribed to record levels?
Really gone case… This joker is nut.
Our Supply of flats cannot meet the demand, mainly due to over importing.
RE: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - Soulhacker - 14-09-2022
This ish actually a good suggestion.
With job security diminishing for sinkie and such situation expected to only get worst in future, ish always better to start paying your housing loan earlier than late so you can finish the loan when still young. Else starting at 35 mean most ish only likely to pay finish by 55 while your chance of getting retrench becoming much higher after 40.
The only challenge ish many sinkie guys may not be able to afford the downpayment at 28yo though, especially those still wish to further study after completed NS.
But don't think our higher mortals bother as their focus ish no longer about heping sinkie own a roof over head but hao to help them become millionaire liao.
RE: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - [[ForeverAlone]] - 14-09-2022
I don't know, this might even push HDB price to the highest.
the Young gen also addicted to money everyone does. flip HDB Flats for profits sell higher the better of course
property agents also hungry for More Commission beside Seller.
RE: WP MP Louis Chua repeats call to lower minimum age to 28 for singles buying BTO flats - Soulhacker - 14-09-2022
(14-09-2022, 03:30 PM)[[ForeverAlone]] Wrote: I don't know, this might even push HDB price to the highest.
the Young gen also addicted to money everyone does. flip HDB Flats for profits sell higher the better of course
property agents also hungry for More Commission beside Seller.
Actually believe his suggestion ish mainly targeting BBFA at 28yo, at this age most are likely to be only able to afford 2-R and will be struggle to afford even a 3-R. So doubt they would affect the market much if their sole purpose ish flipping, as 2-R and 3-R the market price since to peak at a standard price range (100+~200+ for 2-R? 300+~400+ for 3R?). No doubt the commission still juicy for some but the price actually didn't flip too much. Tiagong there was a crazy time that some 3-R got flip to over 500K but it seem this kind of 3-R ish much rarer than those 4-R 5-R that flip until million.
So the one that tend to ganna flip until like nobody business seem to be 4-R and 5-R type, which can varies from 500+ to million one. This ish normally the market that property agents ish aiming for to make some really big bucks. But doubt ish something that many 28yo can pray around. Even ASK most that moi know ish won't bother with HDB, even they pray properties they pray those private one like condo and landed.