Does HDB profit from selling flats?

[Mustank]

12 hours ago, Ody_2004 said:

Dunno where the affordable housing for the citizen liao..

My daughter 20 this year.. last Sunday said "Pa I got something to ask u" I asked "Simi?"

"Can i go apply BTO when i reached 21 next year?" I was like KNN.. boy i oso haben see before.. she oso haben start working.. still studying..

She added "By the time I got the unit I be 27 liao".. i think think.. "Ok go ahead" whahahahahahaha...

really knn... 

this is not untrue

20 years ago I heard of people doing that 

study uni that time already engaged. Apply Hdb Liao. Initially funding by parents 

come of uni, gam gam hoh

 

[13177]

12 hours ago, Windwaver said:

Yishun cheap cheap, even lower than Tengah 

Yishun BTO flats always quite cheap. But resale price in Yishun not say very cheap lo.

[13177]

2 hours ago, Mustank said:

 Commonwealth area leh bro

yishun woodlands this type then is cheap

But the definition from HDB for PLH, my understanding for Commonwealth area should not under PLH le?!  Esp the Ulu Pandan and Ghim Moh sites even much further up than Commonwealth and Queenstown. So like that next time Clementi also can be PLH, esp the flats there now for old and new all price so ex. 😅

[Benarsenal]

9 hours ago, Mustank said:

this is not untrue

20 years ago I heard of people doing that 

study uni that time already engaged. Apply Hdb Liao. Initially funding by parents 

come of uni, gam gam hoh

 

I find this really effed up. Marry just to get HDB flat, even if it's not the right partner.

No wonder divorce rate keep going up. Our policies are an utter mess.

[Benarsenal]

6 hours ago, 13177 said:

But the definition from HDB for PLH, my understanding for Commonwealth area should not under PLH le?!  Esp the Ulu Pandan and Ghim Moh sites even much further up than Commonwealth and Queenstown. So like that next time Clementi also can be PLH, esp the flats there now for old and new all price so ex. 😅

They say where prime then where prime lor. Next time maybe near MRT also considered prime (i.e. everywhere).

[Mustank]

11 minutes ago, Benarsenal said:

I find this really effed up. Marry just to get HDB flat, even if it's not the right partner.

No wonder divorce rate keep going up. Our policies are an utter mess.

In life very hard to say one

i meet my wife haven’t 6 months apply liao

But not everybody so lucky lah

[Victor68]

1 minute ago, Mustank said:

In life very hard to say one

i meet my wife haven’t 6 months apply liao

But not everybody so lucky lah

Also don't need a very big space before have many children? 😆 Joking only hor.

[inlinesix]

30 minutes ago, Victor68 said:

Also don't need a very big space before have many children? 😆 Joking only hor.

Back seat enough liao

[Mustank]

22 hours ago, Victor68 said:

Also don't need a very big space before have many children? 😆 Joking only hor.

I didn’t wanted to have children

all I wanted was lots of sex

 

[inlinesix]

13 minutes ago, Mustank said:

I didn’t wanted to have children

all I wanted was lots of sex

You sure you are up for it?

[Ody_2004]

I hear hear macam true.. me no economist or financial savvy..

 

[inlinesix]

3 minutes ago, Ody_2004 said:

I hear hear macam true.. me no economist or financial savvy..

 

Rise or not, it is still unrealised until sold

Edited December 4, 2022 by inlinesix

[Victor68]

2 hours ago, Ody_2004 said:

I hear hear macam true.. me no economist or financial savvy..

 

Isn't it simple enough, during inflation when food on the table is more important than that Condo, of course you go for the cheaper of the 2. It is about affordability but wait, even if cannot afford HDB, where else to stay? Bus stops? 

[Stratovarius]

How are BTO flats priced, and what are the land and building costs? HDB gives the breakdown
https://www.straitstimes.com/singapore/housing/how-are-bto-flats-priced-and-what-are-their-land-and-building-costs-hdb-gives-the-breakdown

 

[inlinesix]

1 hour ago, Stratovarius said:

How are BTO flats priced, and what are the land and building costs? HDB gives the breakdown
https://www.straitstimes.com/singapore/housing/how-are-bto-flats-priced-and-what-are-their-land-and-building-costs-hdb-gives-the-breakdown

After elimination of land cost ($3.167bn), HDB loss is $1.2bn before grant.

Rather than $4.367bn

[Victor68]

12 minutes ago, inlinesix said:

After elimination of land cost ($3.167bn), HDB loss is $1.2bn before grant.

Rather than $4.367bn

Care to provide something layman can understand? Example, how much to build a HDB 4 room flat, excluding all the costs paid from right to left or left to right. Opportunity costs, potential cost, etc. Jurong to changi average will do. Match this against a private EC developer also actual construction cost. Let's see why got such strong bidding for EC.

[inlinesix]

12 minutes ago, Victor68 said:

Care to provide something layman can understand? Example, how much to build a HDB 4 room flat, excluding all the costs paid from right to left or left to right. Opportunity costs, potential cost, etc. Jurong to changi average will do. Match this against a private EC developer also actual construction cost. Let's see why got such strong bidding for EC.

What’s your point?

[Stratovarius]

39 minutes ago, inlinesix said:

After elimination of land cost ($3.167bn), HDB loss is $1.2bn before grant.

Rather than $4.367bn

i din really read. Just share to stir shit. lol. 

What they wrote is probably very bias anyway.