Angcheek Hypersonic October 26, 2019 Share October 26, 2019 cross 1 rd to YISHUN ......... wonder will have xiao lang or not @pChou ai mai ? ↡ Advertisement 2 1 Link to post Share on other sites More sharing options...
inlinesix Supersonic October 26, 2019 Share October 26, 2019 5 hours ago, sgcarmart2019 said: hdb is cheapest and most abundant type of housing in Singapore they already bleeding every year billions in order to support millions of Singaporeans to have housing if SLA don't sell them cheap land, which otherwise can sell to private developers for few times the price, what they going to do??? compete with pte developers FOR LH99 land? however, even the cheap land that SLA sell to hdb cant even cover their billions LOSSES shows that land is gold in Singapore no wonder people now rushing to buy pte properties (freehold especially), EVEN WITH ALL THE OBSCENE COOLING MEASURES the future land price (especially freehold) will be only UP UP UP TO THE SKY!!! 😂 It depends on whether SLA capitalises its land based on cost or market value. If at cost, where got loss Link to post Share on other sites More sharing options...
inlinesix Supersonic October 26, 2019 Share October 26, 2019 18 minutes ago, sgcarmart2019 said: even if SLA sold land at 'cost' to HDB, HDB say they still making 2b deficit in terms of subsidies given to first timers This statement is correct what. It is the difference between mkt value and BTO price. Link to post Share on other sites More sharing options...
Wt_know Supersonic October 26, 2019 Share October 26, 2019 (edited) sell more ...lose money sell less ... lose money buy land at cost ... lose money build at cost, sell at cost + % profit ... also lose money such a lose lose lose money business who is in the right mind to continue such business? Edited October 26, 2019 by Wt_know 1 Link to post Share on other sites More sharing options...
inlinesix Supersonic October 26, 2019 Share October 26, 2019 3 minutes ago, Wt_know said: sell ...lose money no sell ... lose money buy land at cost ... lose money build at cost, sell at cost + % profit ... also lose money such a lose lose lose money business who is in the right mind to continue such business? CCB PxP Link to post Share on other sites More sharing options...
Wt_know Supersonic October 26, 2019 Share October 26, 2019 actually i am on deficit because my fees to my customer actually is at subsidised rate ... market rate charge $100/hr and i charge $80/hr only .. why am i still kena tax where i am losing money annually? Link to post Share on other sites More sharing options...
Voodooman Supersonic October 26, 2019 Share October 26, 2019 On 10/24/2019 at 8:32 AM, Wt_know said: if HDB sold out, HDB would have a LARGER deficit if subsidy/grant $40K means lost $40K for that unit, if subsidy/grant $80K means lost $80K leh the more units that HDB sell, the more LOST they iccur .... HDB better don't sell any unit ... LOL Incur losses in paper but cashflow is very positive. Link to post Share on other sites More sharing options...
Wt_know Supersonic October 26, 2019 Share October 26, 2019 cash overflow like yangtze river? Link to post Share on other sites More sharing options...
Windwaver Turbocharged October 28, 2019 Share October 28, 2019 On 10/26/2019 at 11:23 AM, Wt_know said: any BTO near MRT sure 3x oversubscribed and see who kena TOTO Beside sea also and also beside sea AND MRT ↡ Advertisement Link to post Share on other sites More sharing options...
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