Othello Supersonic April 5, 2013 Share April 5, 2013 Another honest mistake?? http://asiancorrespondent.com/104218/singa...llion-what-now/ What does a failed real estate deal in New York City have to do with an island nation 9579 miles away? In 2006, Tishman Speyer Properties and BlackRock Realty bought housing projects in Stuyvesant Town and Peter Cooper Village (both in Lower Manhattan) for US$5.4 billion. Built in the 1940s, it was meant to provide affordable housing in a city where costs were constantly going up. Laws were enacted to stabilise and regulate the rent. Pic: AP. The two real estate companies thought that money could be made from buying the housing projects, getting the rent-regulated tenants out and moving new tenants in at market rates. But when they were blocked after the tenants association went to court, the whole deal fell apart. (READ MORE: Asia ↡ Advertisement Link to post Share on other sites More sharing options...
Wasted 1st Gear April 5, 2013 Share April 5, 2013 Usd600 million can buy more than 10 Sgcarmart! Link to post Share on other sites More sharing options...
Mockngbrd Supersonic April 5, 2013 Share April 5, 2013 600mil distribute amongst all local born SGreans better Link to post Share on other sites More sharing options...
Rncw 5th Gear April 5, 2013 Share April 5, 2013 US46 billions.....wow....this money can house many homeless, create many jobs Link to post Share on other sites More sharing options...
Neost 6th Gear April 5, 2013 Share April 5, 2013 honest mistakes. Let's move on Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged April 5, 2013 Share April 5, 2013 $46billion is $14k per Singaporean... From 3.3mil Singaporean Link to post Share on other sites More sharing options...
Kyrios Turbocharged April 5, 2013 Share April 5, 2013 CPF withdrawal age to increase again? That's the problem when you get investment banker FTs to invest our hard earned $$..all no heck care one.. :angry: Link to post Share on other sites More sharing options...
Othello Supersonic April 5, 2013 Author Share April 5, 2013 (edited) i wonder how can they touch their hearts and sleep well at night ? . . . . oh i forgot, by looking at their bank accounts Edited April 5, 2013 by Othello Link to post Share on other sites More sharing options...
Maz0608 3rd Gear April 5, 2013 Share April 5, 2013 600 millions only??? Heng Ar... I was expecting more! Link to post Share on other sites More sharing options...
Pklim82 Neutral Newbie April 5, 2013 Share April 5, 2013 i wonder how can they touch they hearts and sleep well at night ? . . . . oh i forgot, by looking at their bank accounts they must have a heart to begin with leh Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 5, 2013 Share April 5, 2013 Don't worry, ex GIC boss Tan is looking after our reserves, there's no conflict of interest hahahahaha Link to post Share on other sites More sharing options...
Maz0608 3rd Gear April 5, 2013 Share April 5, 2013 (edited) US46 billions.....wow....this money can house many homeless, create many jobs Wow so serious! Start to think for the homeless and jobless already? Am surprised you didn't link this to ATB or cheesepies! Edited April 5, 2013 by Maz0608 Link to post Share on other sites More sharing options...
Celicar Turbocharged April 5, 2013 Share April 5, 2013 All is grandfather's money, till now you all dunch understand. Link to post Share on other sites More sharing options...
Rncw 5th Gear April 5, 2013 Share April 5, 2013 (edited) Wow so serious! Start to think for the homeless and jobless already? Am surprised you didn't link this to ATB or cheesepies! ATB and cheesepies is own money....not people's money mah Edited April 5, 2013 by Rncw Link to post Share on other sites More sharing options...
Bioinformatics 3rd Gear April 5, 2013 Share April 5, 2013 We should have an independent board at CPF. Demanding both GIC and TH to repay all the $$$ back to CPF. Link to post Share on other sites More sharing options...
Spiderman302 2nd Gear April 5, 2013 Share April 5, 2013 (edited) 600mil distribute amongst all local born SGreans better $600 mil divided by 600 mil people population, each gets $600 nia. Edited April 5, 2013 by Spiderman302 Link to post Share on other sites More sharing options...
Spiderman302 2nd Gear April 5, 2013 Share April 5, 2013 $600 mil divided by 600 mil people population, each gets $600 nia. Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic April 5, 2013 Share April 5, 2013 $600 mil divided by 600 mil people population, each gets $600 nia. hur..... thought each get only $1/- niah for 600 million ppls .... ↡ Advertisement Link to post Share on other sites More sharing options...
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