9K for NSmen doing NS.

[NTB2DO]

Then it would be a lease-hold, isnt it?

Freehold:
http://en.wikipedia.org/wiki/Freehold_(English_law)

Leasehold:
http://en.wikipedia.org/wiki/Leasehold

Since i am not familar with the property market for lease- and free- hold properties, can anyone with more experience point me to any resource on their Singapore definition?

http://www.inlis.gov.sg/Layout/Common_Used_Term.aspx

2 Leasehold land The ownership of land is of a fixed duration as specified in the lease document eg. 99 years lease.

3 Freehold land A freehold title allows the owner to own the land forever. Examples of freehold titles are an estate in fee simple and an estate in perpetuity.

 

[cancer81]

I see I see... I kept thinking freehold was just another way of saying 999 year lease.

I do not think SLA issues any more of those leases. 999 years are not issued these days much less freehold.

freehold hdb... that would be a dream come true.

 

[ScootS]

comon.... a lease is a lease.... 99 years or 999 years or whatever amount. It is still a lease.

no nation sells land to citizens and never set a date when they can take it back. If "owning" means I do not need to pay after that, then why pay for fuel after buying a car??? You bought the car and you own the car. Why the need to keep paying and paying for petrol??

why???

Ay... a bit illogical right?

You need the fuel to run the car mah ....

You buy TV, can watch without electricity?
You buy aircon, can have cold air with electricity?
You buy PC and modem, don't need to pay for ISP service and can surf net?

 

[cancer81]

Ay... a bit illogical right?

You need the fuel to run the car mah ....

You buy TV, can watch without electricity?
You buy aircon, can have cold air with electricity?
You buy PC and modem, don't need to pay for ISP service and can surf net?

same thing for subscription based online games. I bought the game right? Why the monthly fee? leeches....

same thing, I pay road tax... why the bloody ERP??

 

[sunzoner]

Thank you NTB2DO for the link and post.

...

freehold hdb... that would be a dream come true.

Not for me. I prefer 99 years leasehold 5-rooms HDB at less than 100k...

 

[cancer81]

cheap or expensive...

people were saying I do not "own" my flat.

at least that is quite applicable to a lot of people

 

[ScootS]

same thing for subscription based online games. I bought the game right? Why the monthly fee? leeches....

same thing, I pay road tax... why the bloody ERP??

Ay... you twisting the logic further liow lah ...

Fuel is required for the car to function
Electricity is required for electrical appliances to funtion

You pay to own the game but you pay subscription to play with others online lah...

As for road tax and ERP mah.. I could give you the textbook, diplomatic answer or we could just 'appreciate' it for what it is liow

 

[sunzoner]

cheap or expensive...

people were saying I do not "own" my flat.

at least that is quite applicable to a lot of people

And they are not wrong. They own a lease on the flat.

 

[orlengtao]

Whoever say edusave money is useless is dumb. Its useful as it can be used to pay for poly fees

 

[cherry6]

Whoever say edusave money is useless is dumb. Its useful as it can be used to pay for poly fees

Edusave account should exists till 50yrs old at least to facilitate lifetime learning/ self improvement. For those who want to start business, with correct qualifications, maybe can use Edusave $$$ to like subsidise 50% of the starting unleveraged capital etc. Edusave $ overflow will go medisave-> CPF etc...

 

[cscs3]

http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_572451.html



Seriously what kind of policy is this!?
Not only it cheapen the NS but ask yourself this:

Left Pocket in, Right pocket out..
Where does the 9k come from?
Unless it come from Male PR, Male Foreigner(s) then prehap it sound better, but still not necessary correct.

So you are still not happy?
At least I am, as my son can help to take back some of the tax I paid!

 

[derrickgoh]

Anyone who feels this is useless because CPF is not your money and your flat is not your flat, please feel free to donate your CPF money to me.