 » What's Going On? | | |  LIVE IT LOUD? 06-11-2009 06:48 PM 17-11-2009 04:39 PM 7 Replies, 1,044 Views | |  | | | 
06-11-2009, 08:25 AM
|
#1 (permalink)
| | Experienced SGClubber
Posts: 10,888
Join Date: Oct 2007 Location: Woodlands Nominated 83 Times in 44 Posts TOTW/F/M Award(s): 0 Gender: 
Total SGC$: 13,825.70 |  SM Goh: HDB will remain affordable
SM Goh: HDB will remain affordable 
At the Real Estate Developers' Association of Singapore (REDAS) 50th anniversary dinner tonight, Senior Minister Goh Chok Tong said housing board flats will remain the foundation of Singapore's home ownership scheme.
This is in line with his vision for Singapore: 'A Distinctive City, A Harmonious Home'.
"The Government will continue to ensure that public housing remains affordable to the vast majority of Singaporeans. The current household income ceiling of $8,000 means that about eight in ten Singaporean families are eligible for HDB subsidies. We will also continue to factor in the increasing demand from Permanent Residents in the resale market," he said.
He added: " I know that with the recent recovery of the property market after the lows of the financial crisis, many Singaporeans are concerned that they will be priced out. This anxiety is understandable. Every generation of young Singaporeans feel the angst of not being able to buy their first home. But our public housing policy, based on affordability, will ensure that they will be able to. This pledge had been kept in the past and it will be kept in the future."
The senior minister also addressed the growing concerns of many regarding affordability of flats.
SM Goh said: "For those who are worried over the recent price increases, MND tells me that there is adequate supply of homes in the pipeline both in the central region as well as outside it. The Government is also committed to releasing more land through the Government Land Sales Programme to ensure that property prices do not fall out of sync with economic fundamentals."
In his speech, SM Goh also underlined the importance of remaining a competitive location for businesses.
"For businesses, we must be able to offer two things. First, we will keep our rentals competitive compared to key financial hubs like Hong Kong, Shanghai, London, and New York.
Second, our city must be able to offer not just Grade A offices in the Central Business District but also cheaper office solutions at the fringe of the city centre. This will give companies greater flexibility and cater to their different business needs."
Source: http://business.asiaone.com/Business...05-178125.html
__________________
Proud member of
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
and
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
.
| 
|   | |
06-11-2009, 09:16 AM
|
#2 (permalink)
| | wa jin siang sim ):
Posts: 22,540
Join Date: Nov 2008 Location: 1 to 15-milestones Nominated 22 Times in 13 Posts TOTW/F/M Award(s): 0 Gender: 
Total SGC$: 36,939.87 | Re: SM Goh: HDB will remain affordable
affordable ?
it will always be affordable. why...rmb, we have CPF to pay our huge amount of loans ! just keep on deducting CPF to pay the loans ! and by the time you retire, CPF inside empty already... 
__________________
save our younger generation ! save our society from getting rotten ! end of liberal ideas !
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
Last edited by christmas_; 06-11-2009 at 09:16 AM.
| 
| | |
06-11-2009, 09:16 AM
|
#3 (permalink)
| | My Sexy Bike =D
Posts: 4,657
Join Date: Dec 2007 Location: Yishun Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 7,173.88 | Re: SM Goh: HDB will remain affordable
But it's still so expensive =\
__________________
Must push harder!
| |
| | |
06-11-2009, 09:21 AM
|
#4 (permalink)
| | ♥♥Military Inspired♥♥
Posts: 7,196
Join Date: Apr 2008 Location: SG Nominated 52 Times in 19 Posts  TOTW/F/M Award(s): 1 Gender:
Total SGC$: 14,299.18 | Re: SM Goh: HDB will remain affordable
Quote:
Originally Posted by christmas_  affordable ?
it will always be affordable. why...rmb, we have CPF to pay our huge amount of loans ! just keep on deducting CPF to pay the loans ! and by the time you retire, CPF inside empty already... | lol for him living in an ivory tower, wont surprised that its 'affordable' as it just cost slightly more than a 'peanut' 
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
Current Game: SHUFFLE! Essence+
| |
| | |
06-11-2009, 09:22 AM
|
#5 (permalink)
| | Moderator
Posts: 13,526
Join Date: Sep 2008 Location: 勿洛北 Nominated 83 Times in 27 Posts TOTW/F/M Award(s): 2 Gender:
Total SGC$: 16,636.84 | Re: SM Goh: HDB will remain affordable
Yes, of course it stay affordable at the expense of our saving 
__________________
*Have fun in SGClub but pls
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
,
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
and
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
to Good Ones!*
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
| |
| | |
06-11-2009, 09:25 AM
|
#6 (permalink)
| | Is a loner
Posts: 1,262
Join Date: Aug 2009 Location: Singapore Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 3,430.10 | Re: SM Goh: HDB will remain affordable
Affordable? I don't think so.
__________________
Giving up is what kills people, only those who refuse to give up are given their time to trample on the weak. | |
| | |
06-11-2009, 09:31 AM
|
#7 (permalink)
| | wa jin siang sim ):
Posts: 22,540
Join Date: Nov 2008 Location: 1 to 15-milestones Nominated 22 Times in 13 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 36,939.87 | Re: SM Goh: HDB will remain affordable
Quote:
Originally Posted by ValkyrieLenneth lol for him living in an ivory tower, wont surprised that its 'affordable' as it just cost slightly more than a 'peanut' | correct !
do rmb that HDB flat lifespan is 99 years only...HDB can take it back anytime (if i am not wrong)
__________________
save our younger generation ! save our society from getting rotten ! end of liberal ideas !
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
| |
| | |
06-11-2009, 09:31 AM
|
#8 (permalink)
| | Caring Bear Bear
Posts: 1,785
Join Date: Nov 2006 Location: Yishun Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 797.78 | Re: SM Goh: HDB will remain affordable
how can it be affordable when our their % of rise in price rise more than our % rise in our salaries?
__________________
Bear Bear Family Tree Club
H&R MGR --- clement aka Caring Bear Bear
Last edited by clement; 06-11-2009 at 09:32 AM.
| |
| | |
06-11-2009, 09:37 AM
|
#9 (permalink)
| | Experienced SGClubber
Posts: 10,888
Join Date: Oct 2007 Location: Woodlands Nominated 83 Times in 44 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 13,825.70 | Re: SM Goh: HDB will remain affordable
It's always affordable for those who don't lived in HDB flats, and lived in private property.
__________________
Proud member of
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
and
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
.
| |
| | |
06-11-2009, 09:39 AM
|
#10 (permalink)
| | Outstanding
Posts: 2,155
Join Date: Jul 2008 Nominated 2 Times in 2 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 3,293.19 | Re: SM Goh: HDB will remain affordable
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
| |
| | |
06-11-2009, 09:40 AM
|
#11 (permalink)
| | Caring Bear Bear
Posts: 1,785
Join Date: Nov 2006 Location: Yishun Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 797.78 | Re: SM Goh: HDB will remain affordable
S'pore is the place for the rich, so had to work your a$$ off to be able to $arvive.
__________________
Bear Bear Family Tree Club
H&R MGR --- clement aka Caring Bear Bear
| |
| | |
06-11-2009, 09:49 AM
|
#12 (permalink)
| | Cool SGClubber
Posts: 69
Join Date: Nov 2008 Location: Singapore Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 146.00 | Re: SM Goh: HDB will remain affordable
Put it simply,
garmen now looks at us just like how we humans look at ants.
"Yeah, they are surviving and doing well."
| |
| | |
06-11-2009, 09:51 AM
|
#13 (permalink)
| | Eye 2 Capture
Posts: 2,848
Join Date: Jan 2009 Location: APAC Nominated 58 Times in 12 Posts TOTW/F/M Award(s): 3 Gender:
Total SGC$: 6,258.81 | Re: SM Goh: HDB will remain affordable
How is affordable defined?
How does the govt calculate affordability?
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
| |
| | |
06-11-2009, 10:04 AM
|
#14 (permalink)
| | Experienced SGClubber
Posts: 1,230
Join Date: Jan 2009 Location: Spore Nominated 3 Times in 2 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 1,537.15 | Re: SM Goh: HDB will remain affordable
Quote:
Originally Posted by christmas_ correct !
do rmb that HDB flat lifespan is 99 years only...HDB can take it back anytime (if i am not wrong) | I dont tink so la...about this 99 yr lease...HDB is all 99 lease which supposedly if e person stay that long in the HDB it will go to government, but fyi its the same for condos too..there r a lot of 99 yr lease condos which supposedly after 99 yrs it goes back to the government..then no1 will wanna buy a 99 yr old lease condo to stay long term or investment liao? Well theres a thing called En Bloc too..look at Mandarian Gardens, its a pretty old condo with a 99 yr old lease..I am not a property expert but I reckon it will get en bloc sooner or later given its big plot of land..
__________________
The man who can drive himself further once the effort gets painful is the man who will win.
| |
| | |
06-11-2009, 10:09 AM
|
#15 (permalink)
| | Addicted SGClubber
Posts: 377
Join Date: Mar 2009 Location: Serangoon Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 429.70 | Re: SM Goh: HDB will remain affordable
well affordable or not
u will hv to buy one to have a roof over ur head =] and family
__________________
loves peace and quiet
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
last day in cr 22-11-2009. =]
| |
| | |
06-11-2009, 10:12 AM
|
#16 (permalink)
| | Caring Bear Bear
Posts: 1,785
Join Date: Nov 2006 Location: Yishun Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 797.78 | Re: SM Goh: HDB will remain affordable
Quote:
Originally Posted by hamaton81 Put it simply,
garmen now looks at us just like how we humans look at ants.
"Yeah, they are surviving and doing well." | gd analogy. esp like we are ants in the army
__________________
Bear Bear Family Tree Club
H&R MGR --- clement aka Caring Bear Bear
| |
| | |
06-11-2009, 11:09 AM
|
#17 (permalink)
| | Experienced SGClubber
Posts: 1,042
Join Date: Aug 2009 Location: Macpherson Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 155.59 | Re: SM Goh: HDB will remain affordable
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
No more slap slap avatar =( | |
| | |
06-11-2009, 11:16 AM
|
#18 (permalink)
| | wa jin siang sim ):
Posts: 22,540
Join Date: Nov 2008 Location: 1 to 15-milestones Nominated 22 Times in 13 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 36,939.87 | Re: SM Goh: HDB will remain affordable
i think everyone who bought a HDB flat will have to pay at least more than 20+ years of loans, right ?
__________________
save our younger generation ! save our society from getting rotten ! end of liberal ideas !
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
| |
| | |
06-11-2009, 11:44 AM
|
#19 (permalink)
| | Experienced SGClubber
Posts: 1,230
Join Date: Jan 2009 Location: Spore Nominated 3 Times in 2 Posts TOTW/F/M Award(s): 0 Gender:
Total SGC$: 1,537.15 | Re: SM Goh: HDB will remain affordable
Quote:
Originally Posted by christmas_ i think everyone who bought a HDB flat will have to pay at least more than 20+ years of loans, right ? | depends la..max loan for hdb is 30 yrs..ideally is to fully maximize yr cpf..full monthly contribution of CPF used to pay the instalment..keep some as a lump sum in case kena axed or wat...bonus come into cpf then do partial repayment to reduce loan...this will cut the loan by a lot..for those who pay only a bit n leave their cpf in the oa accounts..then take long long time to repay the loan lor
__________________
The man who can drive himself further once the effort gets painful is the man who will win.
| |
| | |
06-11-2009, 11:53 AM
|
#20 (permalink)
| | เพื่น ดูมัส
Posts: 10,292
Join Date: Jun 2007 Location: Phetchaburi, Thailand Nominated 214 Times in 30 Posts TOTW/F/M Award(s): 8 Gender:
Total SGC$: 16,170.42 | Re: SM Goh: HDB will remain affordable
If its affordable, how come so many ppl are homeless and living in tents on the beaches, inder the flyovers, mosques, etc????
If Im drawing a $400,000 monthly, its of cos afforadable!
__________________
To view links or images in signatures your post count must be 10 or greater. You currently have 0.
ได้ยินฉัน บอกเธอไหม ว่าคนคนนี้รักเธอ | |
| | | | |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | | | | Thread Tools | | | | Display Modes |  Linear Mode |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts
HTML code is Off
| | |
|
