SDP Housing Policy

[Insatiablex]

one reason PAP might not even copy it is because of their ego, their "we know best" and "anything from the opposition can't be good" mentality. They would rather screw Singaporeans than make themselves look bad.

 

[tfkmueh]

Main cost is in land value. Which is owned by SLA? which supposedly goes back to state reserves.

Khaw might not be wrong (I never check their accounts) in saying HDB makes a loss after all the subsidies.

Well maybe this is why they are the politician, they can say white until black.

 

[runforyourlife]

they will edit then say no alternative policy from opposition, not even acknowledging them.

like the progressive wage

 

[tfkmueh]

yea but when market is down, this flat prices will go down. just that at this moment, this pricing isnt going down.
not sure now if a unit is left over and over again after balloting etc... whether they will adjust the price down after each unsuccessful "sale"

actually if this is similar to rental model or it is a rental model, dont really see the diff. at least rental mode still need to pay rental but this dont have to. machiam govt giving everyone a free space to stay, taking in only interest. not sure if rich countries liked Dubai or Brunei gives it people free place to stay but this might not work. everyone take this then all branch out and stay liao. u will need more n more of such units. singles also want a share.

i think they would have also mentioned barred people from renting the unit out right since they are basically "buying" from hdb at low price. if rent out then is abuse of the sys. do they even have a sys to prevent this from happening? even hdb current one have people abusing the sys and this new scheme is even on a larger scale. how to ensure? i will think for this type, the unit cannot be big. max 2 rooms else v easy can be rented out. there will always be people abusing the sys.
i will expect if the pax have to go overseas for prolonged period of time liked 3yrs or so, is this subsidize unit going to be left vacant for 3yrs or its to be sold back to HDB to maximise the usage? afterall one shldnt be allowed to rent it out. however as the owner. dont think they will feel its fair to do so

sorry saw some posts thereafter but not free to sit down n read through at this moment.

If the price remain constant they earn thru interest rate.

Owner can do anything to the house, but if they damage it they pay, existing also same.

Why do u care if they rent it out? Make a rule saying 1 family unit 1 flat, full stop. They wanna live in it or rent it out its their own problem. Back to the owner can do anything to the house.