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Doomsday!! Scary scenario for Singapore if PAP is voted out?


AhJason
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(edited)

lower land prices = lower rent?? you forget to add in the salary into the equation.... not to mentioned whether you still have a job if all the terrible things happened...

 

For most businesses, rental is a major cost of conducting their business. Other key cost components being salaries, raw material / goods, taxes, cost of funds, overheads, promos, etc.

 

If the landlords/developers pay high land cost for the office building or shopping mall etc, they have to charge high rentals to recover their cost. When land costs is not high, they can charge lower rentals to compete with other landlords. The businesses will enjoy lower rentals.

Edited by KARTer
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Was Japan doomed in 2009 when the ruling party of 54 years lost? How many years did PAP rule? If Japan did not die, why would we?

 

"A general election in Japan was held on August 30, 2009, for all 480 seats of the House of Representatives of Japan, the lower house of the Diet of Japan.

 

In the election, the opposition Democratic Party (DPJ) defeated the ruling coalition (Liberal Democratic Party (LDP) and New Komeito Party). The LDP had ruled Japan since its formation in 1955."

Japan is different in that it has at least one viable alternative party. SGP doesn't have one at the moment but the people can allow such an alternative party, or parties, to grow in order to make SGP a true democratic country in time to come. It will take time but is a necessary democratic process which unfortunately has been suppressed systematically over the past 40 years ++, just like in some other countries.

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For most businesses, rental is a major cost of conducting their business. Other key cost components being salaries, raw material / goods, taxes, cost of funds, overheads, promos, etc.

 

If the landlords/developers pay high land cost for the office building or shopping mall etc, they have to charge high rentals to recover their cost. When land costs is not high, they can charge lower rentals to compete with other landlords. The businesses will enjoy lower rentals.

 

The first to go will be those REITs in a property crash.

 

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The first to go will be those REITs in a property crash.

Some say reits are responsible / the culprit for pushing up rentals?!

 

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Some say reits are responsible / the culprit for pushing up rentals?!

 

yes i thk so....but in part the high rentals are also due to bullish economy for the past few years.

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The first to go will be those REITs in a property crash.

 

u be surprised. the ppty counters wil go first before reits. and there are many types of reits - hotel, industrial, commercial, retail, medical. some can def withstand the crash.

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Japan is different in that it has at least one viable alternative party. SGP doesn't have one at the moment but the people can allow such an alternative party, or parties, to grow in order to make SGP a true democratic country in time to come. It will take time but is a necessary democratic process which unfortunately has been suppressed systematically over the past 40 years ++, just like in some other countries.

Provided that we have capable people with strong leadership qualities making up an alertative party, albeit in it's infancy.

 

Unfortunately, we are not seeing that yet ... certainly not in the current line up now ... only the mediocre <_<

 

Singapore must strive harder to get more good men and women into politics.

It does NOT have to be the oppo parties hor. MIW oso can.

If Singapore's future is our key concern, political affiliations need not matter.

An alternative govt, does not a better country make.

 

 

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when anyone is afraid of change, they will be lead by their nose by other all their life. Singapore is a small state country, easy to manage and run. Initially there might have some confident issue but it will be solved soon if PAP were to captsize in GE2016 which is simply unlikely..... Civil Services still running and operating day by day so dont worry. What i am worrying is the future of our next generation. With PAP still calling the shot, like that local singaporean will not see much light for their future.

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Neutral Newbie

u be surprised. the ppty counters wil go first before reits. and there are many types of reits - hotel, industrial, commercial, retail, medical. some can def withstand the crash.

 

 

Boss, which reits in your opinion can withstand crash?

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(edited)

yes i thk so....but in part the high rentals are also due to bullish economy for the past few years.

REITS, landlords all are damn greedy one.

My office space the landlord wants to charge 70% rent increase during 2008 financial crisis timing for our lease expiry in Jun 2009. We nego it but they didn't even discount 1 cent.

We moved out in 2009 Jun.

That space till today is still vacant hahaha... C2pid.

Edited by Tigerwoods
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when anyone is afraid of change, they will be lead by their nose by other all their life. Singapore is a small state country, easy to manage and run. Initially there might have some confident issue but it will be solved soon if PAP were to captsize in GE2016 which is simply unlikely..... Civil Services still running and operating day by day so dont worry. What i am worrying is the future of our next generation. With PAP still calling the shot, like that local singaporean will not see much light for their future.

Their so called / trumpeted self-renewas turn out to be mere empty talks. The longer they hold on to overwhelmingly majority seats, they more Bo-chup and arrogant they become?

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Their so called / trumpeted self-renewas turn out to be mere empty talks. The longer they hold on to overwhelmingly majority seats, they more Bo-chup and arrogant they become?

 

Worse, in future we might be tasked to feed their future generation as well...just like the lee's....although i bear the same surname as them... [:(]

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REITS, landlords all are damn greedy one.

My office space the landlord wants to charge 70% rent increase during 2008 financial crisis timing for our lease expiry in Jun 2009. We nego it but they didn't even discount 1 cent.

We moved out in 2009 Jun.

That space till today is still vacant hahaha... C2pid.

 

partly also becos they bot over or took over those pptys at a high so no choice hv to ask high rent to cover.

thus i agree reits drive up rent cos they are corporate, they hv the financial power to tahan leaving it empty til the right tenant comes along.

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Boss, which reits in your opinion can withstand crash?

 

 

im short on commercial but long on industrial and medical. good luck but do read up more before you put any moneys in. [:)]

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Provided that we have capable people with strong leadership qualities making up an alertative party, albeit in it's infancy.

 

Unfortunately, we are not seeing that yet ... certainly not in the current line up now ... only the mediocre <img src="/public/style_emoticons/default/dry.gif" style="vertical-align:middle" emoid="<_<" border="0" alt="dry.gif" />

 

Singapore must strive harder to get more good men and women into politics.

It does NOT have to be the oppo parties hor. MIW oso can.

If Singapore's future is our key concern, political affiliations need not matter.

An alternative govt, does not a better country make.

 

Everything you say about the opposition today will equally apply to PAP in 1956, when LKY first led the party to elections. He was only 33, not that much older than TPL. He was just another young lawyer, unlike David Marshall, the distinguished lawyer and Chief Minister. LKY said he got rid of the jury system because he saw how a good lawyer like David Marshall could sway the jury with ease.

 

Former PAP Minister Lee Koon Choy reminisced that the pioneer PAP MPs included Chee Cheong Fun sellers, and if I recall correctly, a funeral director.

 

When PAP took over in 1959, it included a big number of MPs who would later be accused of being dangerous communists and for two of them, Chia Thye Poh and Lim Hock Siew, would be locked up for decades.

 

Surely voting for PAP in 1959 would be by far riskier than voting for the opposition today?

 

 

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(edited)

Everything you say about the opposition today will equally apply to PAP in 1956, when LKY first led the party to elections. He was only 33, not that much older than TPL. He was just another young lawyer, unlike David Marshall, the distinguished lawyer and Chief Minister. LKY said he got rid of the jury system because he saw how a good lawyer like David Marshall could sway the jury with ease.

 

Former PAP Minister Lee Koon Choy reminisced that the pioneer PAP MPs included Chee Cheong Fun sellers, and if I recall correctly, a funeral director.

 

When PAP took over in 1959, it included a big number of MPs who would later be accused of being dangerous communists and for two of them, Chia Thye Poh and Lim Hock Siew, would be locked up for decades.

 

Surely voting for PAP in 1959 would be by far riskier than voting for the opposition today?

If this were 1959 all over again, I'd still vote for LKY's opposition PAP party to turn Singapore around!

He and the best men that he had with him had possessed a stoich gumption to build a new nation, get rid of the communists (later) and bring Singapore as a nation, out of poverty and away from the clutches of wretched colonial rule.

 

The current oppo, unfortunately, can't even hold a candle to the PAP oppo of old.

One needs only to compare how LKY had carried himself with determined urgency, argued with all his law training and spoke charismatically in parliament, and rally speeches, during his heydays, and above all, how he was able to move the hearts of an emotive, yet young citizenry to believe in what the PAP can and will deliver ... really sorry Jose, i don't think any tepid oppo weakling today can even touch that level of political class and precision, to the point of brashness!

 

If there was indeed one oppo member in the past that can really get anywhere near LKY's cognitive and oratorical calibre, I think that it has to be Dr. Lee Siew Choh.

Edited by Timbuktu
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Neutral Newbie

im short on commercial but long on industrial and medical. good luck but do read up more before you put any moneys in. [:)]

 

Thanks Boss.

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