[GE2025] SDP Discussion Thread

[buttbERry]

U missed 90% homeowners. Keyword is 90%. No one dare to touch the hornet nest.

indeed no one dare

 

[Roundtreex]

indeed no one dare

That why. If you missed the boat, you will miss even more soon as 90% support is there.
This kind of no brain policy by SDP, sure lose big.. might as well make it free.

 

[buttbERry]

That why. If you missed the boat, you will miss even more soon as 90% support is there.

always try and catch the boat

 

[Roundtreex]

always try and catch the boat

And we have trump on hand to force FED to lower interest rate. Singapore follow US rate closely.
Bullish all the way.

 

[buttbERry]

And we have trump on hand to force FED to lower interest rate. Singapore follow US rate closely.

good time to re finance then

 

[hachi]

Based on school results?

Every sch got different standard how you align? PSLE have a magical way of splitting the higher learning profile students out.
If you got a kid in IP/IB, then you will understand.

 

[Hot_Dog]

Why not?

If buy car, willing to pay car loan interest from own pocket, why cannot pay housing loan interest?

Nobody forces buyers to use cpf to pay for housing.

That mean, they are intending to make the house a depreciating asset, rike the car? cannot keep up wib inflation huan?

 

[hachi]

Property should be able to keep up with inflation. Not the other way round. Even for those without much lease, renting out will yield some returns.

 

[likevegetable]

Here’s a point-by-point breakdown comparing the NOM scheme with the current HDB model, across several key factors:

---

1. Affordability​

• NOM Scheme: Very High
  • Flat prices exclude land cost — significantly cheaper ($90k–$270k range).
  • Opens access to homeownership for lower-income groups.
• Current HDB Model: Moderate
  • Prices are subsidized but still include land value; costlier, especially in mature estates.

---

2. Resale Profit Potential​

• NOM Scheme: None
  • No capital gains — flats can only be sold back to HDB at original price minus lease consumed.
• Current HDB Model: High
  • Allows for capital appreciation in the resale market, forming a pillar of retirement planning.

---

3. Mobility & Flexibility​

• NOM Scheme: Limited
  • Owners may feel “trapped” — they can’t unlock equity for upgrading or relocating.
• Current HDB Model: High
  • Owners can sell and move, upsize/downsize, or cash out.

---

4. Speculation Risk​

• NOM Scheme: Very Low
  • No open market resale = no incentive for speculative buying.
• Current HDB Model: Moderate to High
  • While measures exist (e.g., MOP, loan limits), resale profits still attract speculative interest.

---

5. Social Stratification Risk​

• NOM Scheme: High
  • Two-tier housing system might emerge: “asset-owning” vs. “non-asset-owning” citizens.
• Current HDB Model: Better Integrated
  • More homogeneous public housing ecosystem; less risk of visible class distinctions.

---

6. Government Cost / Fiscal Impact​

• NOM Scheme: High
  • Heavily subsidized — excludes land cost, with added buyback liability.
• Current HDB Model: More Sustainable
  • Land cost recovered partially; better long-term fiscal sustainability.

---

7. Market Disruption Risk​

• NOM Scheme: High
  • Could suppress resale market demand/prices; potentially destabilizes current ecosystem.
• Current HDB Model: Stable
  • Existing demand-supply dynamics are relatively predictable, with moderate government intervention.

---

Summary Table​

Criteria	NOM Scheme	Current HDB Model
Affordability	Very High	Moderate
Resale Profit Potential	None	High
Mobility & Flexibility	Limited	High
Speculation Risk	Very Low	Moderate
Social Stratification	High	Better Integrated
Government Cost	High	More Sustainable
Market Disruption Risk	High	Low

---

Let me know if you want this turned into a presentation slide or an infographic!

Thank you, ChatGPT!

 

[ctstalin]

This kind of no brain policy will only get support from bbfas here.

Voting pap tomorrow.

 

[ceestudent]

This kind of no brain policy will only get support from bbfas here.

Voting pap tomorrow.

Yeah, indirectly asking 80% of homeowner to subsidy the bbfa who don't have hdb.
What the hell.

 

[itedino]

SDP why never do proper homework. Need edwmer help to burn midnight lamp to rectify.

Buy cheap then sell high? It not going to work. People will only leech on the scheme

 

[mike-q]

To be fair, if we are talking about NATURALIZED appreciation worth of local housing, not even the very best BTO + room size + location will fetch anything beyond 600K in today's climate.

Only reason why prices goes beyond is is predominately the population's greed to an extent. They are applying sales principles to an ''holding asset'' and due to that, unlike actual businesses that can produce what they are selling, most homeowners cannot. And that's really the only reason why prices even goes through the roof.

So if ppl wants to profit from BTOs all the time, you are gonna see gap spikes in prices every 5-10 years. And that has largely been true since this asset enhancement thing has started. The bad thing about this is, due to inflation, gap spikes in prices and the fact that salary/income is unable to keep up, there will come a point where future generations is totally unable to even buy a resale if they cannot get a BTO. And even if they can, they can sell off the BTO and get another resale and STILL end up participating in the obscene pricing circumstances as a BUYER.

So who can really REALLY retired?

HDB BTO and resale prices has been artificially pumped up by new citizens and PRs who brought in "hot money".

 

[coyote]

This kind of no brain policy will only get support from bbfas here.

Voting pap tomorrow.

Indeed, it will backfire on the party for being disconnected from the ground and reality.

The common narrative goes, voters wished opposition will win some seats in other constituencies. In their own wards, they will prioritize their hdb valuation as first priority. That means, majority wanted their property to appreciate in prices. Not collapsed. This party probably got misled by edmwers thinking that's crashing property prices is really what Singaporeans wanted.

Sorry to say, they are so wrong and they just did themselves in. The incumbent will be laughing that they did not even lift a finger and this party is already out. We truly need better and smarter oppositions.

 

[fortunecat]

BTO is the first pot of small (can be big too) gold for Singapore citizens only, sure want to remove bo

 

[PCguy]

https://www.straitstimes.com/singap...ts-to-sell-for-up-to-270000-do-away-with-psle

SDP won't win any seats. Nothing to discuss.

 

[cpuer]

This kind of no brain policy will only get support from bbfas here.

Voting pap tomorrow.

brainless or not, ideas that generate debate and discussion is always a good thing

 

[nachtsid.er]

Moi finds SDP ideology ish
Want cheap
Want good
Want big papaya
And money drop from sky

 

[CaptchaCheebeh]

Housing is a zero-sum game.

If you own a residential property, you want prices to be high. If you are a first-time buyer, you want prices to be low.

Just vote accordingly.

 

[yesman2978]

That mean, they are intending to make the house a depreciating asset, rike the car? cannot keep up wib inflation huan?

A house is supposed to be a depreciating asset