Sunny Hypersonic March 10, 2015 Share March 10, 2015 Throttle2, on 10 Mar 2015 - 4:51 PM, said: Wah lau , all the feel already tell you all leh. Early 2013, i said to start selling property be os it takes a few months to find buyer. Mid 2013 , D9 properties peak, i sold. 2013 onwards, i tell you all not to buy for investment anymore becos upside not there. 2014, i tell you all to quickly take profit on investment property if still got meat. 2014, i tell you all to buy USD and USD assets , sell SGD. 2015, i tell you all the buy russian rouble and assets. Tell you so much. Still say not friend??? that's y I said you are helpful ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 10, 2015 Share March 10, 2015 Ok very friend 2015 usd assets still got meat or must take profit? Russia got how much upside? Still underwater from many years back leh Property don't say only can afford hdb 😅 UsD assets take some profit and leave some sitting Russia still got a lot of upside. If you underwater means your timing not so good leh that's y I said you are helpful Heeeheee... Link to post Share on other sites More sharing options...
Enye Hypersonic March 10, 2015 Share March 10, 2015 UsD assets take some profit and leave some sitting Russia still got a lot of upside. If you underwater means your timing not so good leh Heeeheee... Aiyo Russia from up hold until now down Ok I listen to you continue to hold 😂 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 10, 2015 Share March 10, 2015 Aiyo Russia from up hold until now down Ok I listen to you continue to hold 😂 depends on what you buy in russia. If equities cannot lah If other things , can.... Ok i better dont say out all the secrets. Otherwise nothing left for me..... Already bonus kena cut 25% Sigh Link to post Share on other sites More sharing options...
Wt_know Supersonic March 10, 2015 Share March 10, 2015 bonus cut 25% is ok .... means you will pay lesser income tax next year you can suan back your buddy that you pay lesser income tax ... lol depends on what you buy in russia. If equities cannot lahIf other things , can....Ok i better dont say out all the secrets.Otherwise nothing left for me.....Already bonus kena cut 25%Sigh Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 10, 2015 Share March 10, 2015 bonus cut 25% is ok .... means you will pay lesser income tax next year you can suan back your buddy that you pay lesser income tax ... lol Lesser tax? Lesser tax? Did you say lesser tax? Dont get me started on lesser tax Wah lau! Link to post Share on other sites More sharing options...
Wt_know Supersonic March 13, 2015 Share March 13, 2015 (edited) made $198K from selling hdb ... huat ah! opps ... the huatness is short-lived sell hdb to buy a weekend car + rent a private apartment ... even if the investment is not a scam ... this is not a smart move https://sg.finance.yahoo.com/news/198-000-flat-proceeds-gone-two-years-family-033024065--sector.html The mother of four used the $198,000 sales proceeds to buy a weekend car and rent a private apartment. The family had spent all the sales proceeds in less than two years from the time they sold the flat.Thereafter, Madam A, along with her husband and eldest son, resorted to sleeping on the beach or void decks because they could no longer afford to rent or buy another flat on the open market. The younger children lived separately with different relatives. Edited March 13, 2015 by Wt_know Link to post Share on other sites More sharing options...
Sabian Turbocharged March 13, 2015 Share March 13, 2015 made $198K from selling hdb ... huat ah! opps ... the huatness is short-lived sell hdb to buy a weekend car + rent a private apartment ... even if the investment is not a scam ... this is not a smart move https://sg.finance.yahoo.com/news/198-000-flat-proceeds-gone-two-years-family-033024065--sector.html Aiyah ok mah. Blow 198k shiok shiok then go see MPand get a cheap cheap 2 room flat lor. How many times in your lifetime do you get a chance to blow 198k... This kind of safety net dunno good or not. 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 13, 2015 Share March 13, 2015 made $198K from selling hdb ... huat ah! opps ... the huatness is short-lived sell hdb to buy a weekend car + rent a private apartment ... even if the investment is not a scam ... this is not a smart move https://sg.finance.yahoo.com/news/198-000-flat-proceeds-gone-two-years-family-033024065--sector.html Sorry but it seems clear that they just cant manage their financesDo we want to use our hard earn money to support these people ? 1 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic March 13, 2015 Share March 13, 2015 Eh *****.. your favourite Eh bro dont call my name le, I later malu 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic March 14, 2015 Share March 14, 2015 (edited) what's wrong to remove income ceiling for bto as long as 1. no grant for income > $10k (current ceiling) 2. one time only 3. not applicable to 2-3 rooms flat which are targeted lower income (the problem is lower income also want to buy 4 room flat thinking to sell after mop) 4. stop selling the smoke of hdb heavily subsidy. land cost is left to right pocket. grant is knock off from market price not really hard cash outflow Edited March 14, 2015 by Wt_know 2 Link to post Share on other sites More sharing options...
Bacteria83 Turbocharged March 14, 2015 Share March 14, 2015 what's wrong to remove income ceiling for bto as long as 1. no grant for income > $10k (current ceiling) 2. one time only 3. not applicable to 2-3 rooms flat which are targeted lower income (the problem is lower income also want to buy 4 room flat thinking to sell after mop) 4. stop selling the smoke of hdb heavily subsidy. land cost is left to right pocket. grant is knock off from market price not really hard cash outflow Think they have drift away from their origin. HDB was set up to make sure everyone can have a place. Now they strip the right off certain group of Singaporean. 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 14, 2015 Share March 14, 2015 Think they have drift away from their origin. HDB was set up to make sure everyone can have a place. Now they strip the right off certain group of Singaporean. Yes, the key word is everyone. 2 Link to post Share on other sites More sharing options...
Spring Moderator March 14, 2015 Share March 14, 2015 (edited) Think they have drift away from their origin. HDB was set up to make sure everyone can have a place. Now they strip the right off certain group of Singaporean. I would also allow private property owners who are still eligible to buy new HDB, to do so if they meet the income ceiling but they will have to sell away their property and you can't rent out the new HDB as well. The 2 bites at the cherry rule should be the fundamental coz there are private property owners who need to downgrade for various reasons and the high cost of a resale HDB means they will not have much left after renovation etc if they get resale. Don't have the idea that all private property owners are well off and anyway that's the basic origin of HDB as you have rightfully pointed out, to house all Singaporeans who are eligible. The current rule of waiting 30months after you get rid of the private property is really restrictive as where will these people stay meanwhile? Edited March 14, 2015 by Spring 6 Link to post Share on other sites More sharing options...
Wt_know Supersonic March 14, 2015 Share March 14, 2015 (edited) MND still think the HDB is $30k-$100k like last time when police wear short now HDB is no $500k no talk and yet got restrictive conditions like income ceiling $10k and 30 months waiting after disposal of private property Edited March 15, 2015 by Wt_know 3 Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged March 15, 2015 Share March 15, 2015 These policies are approved by people who are on ivory tower. 1 Link to post Share on other sites More sharing options...
Jp66 5th Gear March 15, 2015 Share March 15, 2015 hmmm, maybe should chase these people out of ivory tower. These policies are approved by people who are on ivory tower. 1 Link to post Share on other sites More sharing options...
Jp66 5th Gear March 15, 2015 Share March 15, 2015 to be honest, I really cannot understand the rationale a hdb owner can buy private property but not the other way. worse still, these hdb owner actually stay in private property and rent out whole hdb unit. I would also allow private property owners who are still eligible to buy new HDB, to do so if they meet the income ceiling but they will have to sell away their property and you can't rent out the new HDB as well.The 2 bites at the cherry rule should be the fundamental coz there are private property owners who need to downgrade for various reasons and the high cost of a resale HDB means they will not have much left after renovation etc if they get resale. Don't have the idea that all private property owners are well off and anyway that's the basic origin of HDB as you have rightfully pointed out, to house all Singaporeans who are eligible.The current rule of waiting 30months after you get rid of the private property is really restrictive as where will these people stay meanwhile? ↡ Advertisement Link to post Share on other sites More sharing options...
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