helloicanseeu
Supremacy Member
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- Jul 12, 2009
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too radical an idea, it wont be accepted anyway ...
Buy $250,000Ah but they fail to understand the sinkie pawn sinkie mentality
let’s say I fresh grad just bought BTO for 500k last year
now BTO worth 270k? My value just drop by half?
how I flip my 500k BTO for 1 mil! I rather pawn future sinkies
SINGAPORE - Selling new HDB flats for $90,000 to $270,000, making maternal and paediatric care mostly free, reducing GST to 7 per cent, and removing the Primary School Leaving Examination (PSLE).
These are some proposals put forth by the Singapore Democratic Party on April 20 as it unveiled its manifesto for the upcoming polls on May 3.
SDP argues this will make homes cheaper because the cost of an HDB flat will only include the cost of construction and administration.
It said HDB flats with 99-year leases will be built on land specially zoned for public housing and not contain a land cost component. This is unlike the current HDB practice of including the cost of land in public housing.
SDP said it believes the NOM scheme can offer 2-room flats at around $90,000; 3-room at $120,000; 4-room units at $200,000; and 5-room apartments at $270,000.
It added that studio apartments with 30-year leases can be sold for around $40,000.
https://www.straitstimes.com/singap...ts-to-sell-for-up-to-270000-do-away-with-psle

Buy $250,000
but can sell $1m at resale market
SDP proposes NOM flats only be sold back to HDB at the purchase price less the consumed lease, and their leases cannot be transferred in the HDB resale market.
It suggests current owners of open market flats will have the option of converting to the NOM scheme, where the Government will return an amount based on the original purchase price from the HDB and the price of an NOM flat of the same type.
HDB will also hold a buffer stock of HDB flats to enable Singaporeans to obtain their flats with minimal waiting times.
That’s exactly the thing … Gombak and Nee Soon voters did not vote for Ling How Doong and Cheo Chai Chen … they voted for Chiam See Tong. They saw this as 过河拆桥.dont be fooled, the entire SDP CEC voted chiam out, even SDP MP Ling How Doong and Cheo Chai Chen did not support Chiam
i rather they propose that HDB resale market is banned
all HDB flats can only resell back to HDB
they did, is part of the low cost proposal
160 headlines just omit it for biasedness
it's nonsense like these that gives opposition a bad name
PAP will latch on it to discredit all oppositions in one broad stroke
it's nonsense like these that gives opposition a bad name
PAP will latch on it to discredit all oppositions in one broad stroke