Money Mind

General Category => The Common Lounge => Topic started by: Risa on May 08, 2024, 08:02 PM

Title: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Risa on May 08, 2024, 08:02 PM
https://www.businesstimes.com.sg/property/government-probes-misleading-and-unrealistic-resale-listings-s-2-million-hdb-flats
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: jim889 on May 08, 2024, 08:35 PM
Quote from: Shiori on May 08, 2024, 08:02 PMhttps://www.businesstimes.com.sg/property/government-probes-misleading-and-unrealistic-resale-listings-s-2-million-hdb-flats

sure gotch siao lang buy 2m..

depend on market force mah
 :flash:
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: drdoof on May 08, 2024, 09:02 PM
Wayang :flash:
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: jim889 on May 08, 2024, 09:03 PM
willing buyer .. willing seller
 :flash:
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Arctic on May 09, 2024, 11:10 AM
But $1mil is realistic?
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Arctic on May 09, 2024, 11:10 AM
Quote from: jim889 on May 08, 2024, 09:03 PMwilling buyer .. willing seller
 :flash:

Shouldn't leave it to mkt forces at all
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Bardiel on May 09, 2024, 11:13 AM
actually what is there to investigate?

willing buyer willing seller. I dont see gov being open about their contract bidding too
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: default on May 09, 2024, 11:25 AM
Why need to probe this? Problem is its at sengkang. But 5 room flat at bendemeer/kallang/tiong bahru alr over 1m for 1 unit

If 2 units easily 2.5m esp if high floor and well furnished

The pap and mnd/hdb fucked up
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: default on May 09, 2024, 11:26 AM
U go search bendemeer blk 46... u see hw much is 1 unit
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Suntan on May 09, 2024, 01:38 PM
Quote from: peaceheart on May 09, 2024, 11:10 AMBut $1mil is realistic?

No. For public housing where land is from the people to the people.
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Philipkee on May 09, 2024, 04:09 PM
Quote from: Suntan on May 09, 2024, 01:38 PMNo. For public housing where land is from the people to the people.

Half agree.  You are correct only if the flat is only to be sold back to hdb.  Once it's allowed to be sold on the open market, actually any price is supposed to be allowed.
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: daryl76 on May 09, 2024, 05:13 PM
its an open market, why they buay song now??

asset appreciation leh
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: nyvrem on May 09, 2024, 05:21 PM
bloody cb

put house for sale for 2mil gov probe

waste $550 mil on ERP 2.0 no probe ?!

fuck chu pap

 :mad:  :mad:  :mad:
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Suntan on May 09, 2024, 06:07 PM
Quote from: Philipkee on May 09, 2024, 04:09 PMHalf agree.  You are correct only if the flat is only to be sold back to hdb.  Once it's allowed to be sold on the open market, actually any price is supposed to be allowed.

Why should a public housing be sold to the market especially it is on a long term 99 yrs rental? It should go back to people's custodian ie HDB.
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: jim889 on May 09, 2024, 09:43 PM
Quote from: peaceheart on May 09, 2024, 11:10 AMShouldn't leave it to mkt forces at all

by right is no market forces .. coz ish hdeebee.. public housing..
 but leesale market is there wat.. why have leesale market then?
 :s13:  :s13:
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Philipkee on May 09, 2024, 11:14 PM
Quote from: Suntan on May 09, 2024, 06:07 PMWhy should a public housing be sold to the market especially it is on a long term 99 yrs rental? It should go back to people's custodian ie HDB.

Then there shouldn't be a resale market.  Remove this and prices will crash
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: default on May 09, 2024, 11:42 PM
Quote from: daryl76 on May 09, 2024, 05:13 PMits an open market, why they buay song now??

asset appreciation leh

they eating their own words, u know why?

coz elections pretend to be so caring and investigate everything and help with everything
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: daryl76 on May 10, 2024, 04:12 AM
Quote from: default on May 09, 2024, 11:42 PMthey eating their own words, u know why?

coz elections pretend to be so caring and investigate everything and help with everything

exactly!!! knn those old hdb sell for 1m is fine but this one unrealistic

hahahahaha they really fos
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Suntan on May 10, 2024, 08:24 AM
Quote from: Philipkee on May 09, 2024, 11:14 PMThen there shouldn't be a resale market.  Remove this and prices will crash

Indeed there should not be a resale market for public housing. It should go back to HDB, the custodian of people's land. Public housing is not a speculative tool but is for those in need. Using public funds for the public.
 If need to make money, buy Pte property. When private property crash, the risk takers hv to bear it. The landlord takes back from tenant.
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: jim889 on May 10, 2024, 01:41 PM
Quote from: Suntan on May 10, 2024, 08:24 AMIndeed there should not be a resale market for public housing. It should go back to HDB, the custodian of people's land. Public housing is not a speculative tool but is for those in need. Using public funds for the public.
 If need to make money, buy Pte property. When private property crash, the risk takers hv to bear it. The landlord takes back from tenant.

private property crash then the owner steel have housing loan to pay
housing loan moar than property value

then jin farnie
 :s13:  :s13:  :s13:
Title: Re: Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million
Post by: Suntan on May 10, 2024, 02:07 PM
Quote from: jim889 on May 10, 2024, 01:41 PMprivate property crash then the owner steel have housing loan to pay
housing loan moar than property value

then jin farnie
 :s13:  :s13:  :s13:

That's why pte sector take risk. Not Public sector. It is to be given to the poor contributed by the rich.
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