Curahee 1st Gear April 5, 2012 Share April 5, 2012 (edited) There is a lot of pent up demand from young couples who wish to get married but have no place to stay..no place to stay means no piak no piak..no piak piak means no chewren coming out..means low birthrate means more pinoys and indians. How can the gahmen overlook such a basic foundation of the society the past few years...housing??? Now the situation is so much better under KBW, i remember last time under that shortie, BTO project launch each time only one or two project, 1 unit avg over 5 persons applying, i even ballot before a project 1 unit more than 25 person applying, i ballot 4 times, Q number sux to the very max until i almost give up and wanna buy resale, luckily my fifth try, i have 6 chances iirc n luckily i get my flat at last. Now so much easier to get a flat, latest BTO project like bukit panjang, ratio only 1:1, such ratio is almost impossible under MBT era. Edited April 5, 2012 by Curahee ↡ Advertisement Link to post Share on other sites More sharing options...
Wyfitms Twincharged April 5, 2012 Share April 5, 2012 I think oversubsciption of 2x is healthy. HDB shld gradually increase the "subsidy" and lower BTO price by around 0.75% for each launch until average price is 15% to 20% lower than current. And continue to ramp up supply to keep the oversubscription rate at around 2x. This will cool down the resale as well as suburban. No need for all the useless "cooling measures" that would be implemented soon But what do i know, i'm not minister caliblurr, Link to post Share on other sites More sharing options...
Zze121 3rd Gear April 5, 2012 Share April 5, 2012 when its over supply there is only one reason, when the is under supply there r many reasons. Link to post Share on other sites More sharing options...
Shull Turbocharged April 5, 2012 Share April 5, 2012 Lining coffers lo, what else? Really stupid.......stupid stupid. Already pretty good lo. Guess areas like Punggol/Woodlands? CCK... Link to post Share on other sites More sharing options...
13177 Hypersonic April 5, 2012 Share April 5, 2012 Too much supply also not good. Those who brought the the flat will complain why house value never go up. I think if too much supply, it will end up like few years back when many flats are vacant for many years then got people buy. Link to post Share on other sites More sharing options...
Chewbacca 1st Gear April 5, 2012 Share April 5, 2012 Oh, neighbour. Sort off. Yew Tee. Link to post Share on other sites More sharing options...
Jj5599 1st Gear April 5, 2012 Share April 5, 2012 Which location? Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged April 5, 2012 Share April 5, 2012 KBW is in a Catch 22 situation. Tag to resale market is not his doing but his predecessor. what happen if he untagged in a instant now?? those currrently waiting for their flat want will throw away their flat and forgot the deposit. then more KPKB will come. MBT come in make a mess of everything.... Deflate too much, many suffer. Dont do anything, many KBKP. Inflate it further, he will lose his seat... My guess that he is just deflating a small percentage waiting for the overall growth for the country to pick up before adjustment in overall value. Link to post Share on other sites More sharing options...
Happily1986 5th Gear April 5, 2012 Share April 5, 2012 Stay with parents okay what? Can piak piak in the living room, balcony or kitchen mah. you must be joking. Link to post Share on other sites More sharing options...
Chewbacca 1st Gear April 5, 2012 Share April 5, 2012 Which location? Me? Link to post Share on other sites More sharing options...
Chewbacca 1st Gear April 5, 2012 Share April 5, 2012 MBT come in make a mess of everything.... Deflate too much, many suffer. Dont do anything, many KBKP. Inflate it further, he will lose his seat... My guess that he is just deflating a small percentage waiting for the overall growth for the country to pick up before adjustment in overall value. Yeah, that's probably the best action... Link to post Share on other sites More sharing options...
Happily1986 5th Gear April 5, 2012 Share April 5, 2012 I think oversubsciption of 2x is healthy. Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear April 5, 2012 Author Share April 5, 2012 (edited) Dont complain so much. He's doing a better job than the previous guy. And it is already comforting to see this. Imagine the previous guy is still doing this job? what will happen? Khaw already promised he will ramp up the supply of new flats at the fastest time possible. and so far, he's keeping to his promise. no blame him ar. just amazed on his epic reply/excuse. he could simply say they are trying to catch up. i angmo lousy dono wht it meant by under supply means they are responding well ma. Edited April 5, 2012 by Tom_kkh Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear April 5, 2012 Author Share April 5, 2012 There is a lot of pent up demand from young couples who wish to get married but have no place to stay..no place to stay means no piak no piak..no piak piak means no chewren coming out..means low birthrate means more pinoys and indians. How can the gahmen overlook such a basic foundation of the society the past few years...housing??? yes, i was in the same situation. now have flat liaoz. trying for 1 now. Link to post Share on other sites More sharing options...
13177 Hypersonic April 5, 2012 Share April 5, 2012 Oh, neighbour. Sort off. Yew Tee. What do you mean? Link to post Share on other sites More sharing options...
Ben5266 Supercharged April 5, 2012 Share April 5, 2012 Im thoroughly disappointed at KBW's attempt at spinning his ministry's lame effort in bringing down the housing affordability. 2x oversubscribed is a massive undersupply of housing. His policies are all wrong. Public housing must be for Citizens ONLY. You want this benefit, you become a citizen. Otherwise non citizens can go to private housing. If this policy was implemented long long ago, housing affordability would not have violently shot up like now. I can do better than this clown. Since when non Citizen can buy BTO flat??? Link to post Share on other sites More sharing options...
Enye Hypersonic April 5, 2012 Share April 5, 2012 (edited) Why don't go back to the queue system previously? Then everyone gets a chance to book. Previously i waited for 3 years in queue but had many choices ranging from matured to non matured estates when my turn came. Nowadays ballot, some unlucky ones will never have a chance? Edited April 5, 2012 by Enye Link to post Share on other sites More sharing options...
Shull Turbocharged April 5, 2012 Share April 5, 2012 Since when non Citizen can buy BTO flat??? As long as one is Citizen, the other PR.. can buy BTO liao.. ↡ Advertisement Link to post Share on other sites More sharing options...
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