They should set limit on salary for resale

[Imboredtodeath]

Then some may say i talking cock. Why would the very rich (say got 20 or 30m) buy hdb when they can buy condo?

Coz of rental yield and hard to sell for some condos esp when older while hdb sure got kumgong will buy

For someone maybe got 30m, he buy a resale then can park his cars there, free go cbd or nearby to play or drink whatever.

He can also buy older condo around balestier but those dont hold their value well. I knw coz my friend bought.

If he can buy a resale at boon keng he can keep it song song and value wont depreciate also.

This is one of the reasons. Many cash rich also throw into hdb

I understand they are also singaporeans, let them own hdb is ok. But u need to have some policies in place


U see ah, this can also refer to the rich indos and tiongs and msians that game us... new citizens


The hdb policy now is totally unaffordable unless u go for bto

[needsomeadvice]

Then some may say i talking cock. Why would the very rich (say got 20 or 30m) buy hdb when they can buy condo?

Coz of rental yield and hard to sell for some condos esp when older while hdb sure got kumgong will buy

For someone maybe got 30m, he buy a resale then can park his cars there, free go cbd or nearby to play or drink whatever.

He can also buy older condo around balestier but those dont hold their value well. I knw coz my friend bought.

If he can buy a resale at boon keng he can keep it song song and value wont depreciate also.

This is one of the reasons. Many cash rich also throw into hdb

I understand they are also singaporeans, let them own hdb is ok. But u need to have some policies in place


U see ah, this can also refer to the rich indos and tiongs and msians that game us... new citizens


The hdb policy now is totally unaffordable unless u go for bto

yea I think house prices are unsustainable for the next generation, but then again if we ask our parents if they thought chicken rice can reach $5 (or ~$15 for boon tong kee), they will tell you that price is crazy too

[Arctic]

Should control hdb prices. This is gov public housing. All sinkies should be entitled to buy regardless of one's salary

[jim889]

Coz u know now rental yield for private vs public no diff, will drive hdb further up

Some people live bukit timah still must drive far far. They might prefer to live around boon keng

Dont have to take my word for it... u go those newer flats at hdb at night and see what cars are parked there.

There are probably many rich people living in hdb just for the fun of it

hdb have rules about rental, best ish implement nose sublet then problem solved

if need to rent out means no need it
hdb is for staying
 

[Imboredtodeath]

U go walk around boon keng or other million dollar mscp u will see cars that cost half a mil there

1m rarer but still have. I only saw lambo and ferrari once each or sth

[Imboredtodeath]

yea I think house prices are unsustainable for the next generation, but then again if we ask our parents if they thought chicken rice can reach $5 (or ~$15 for boon tong kee), they will tell you that price is crazy too

Ya but hdb rising crazier than others