Living in Singapore
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The figure 10yo is very sad. 20-29 is highest and that age group supposed to be full of hope, start to see the world, full freedom :sad:
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MrsKiasu\" post_id=\"2111998\" time=\"1688177860\" user_id=\"43981:
Those working as counselors, psychologists, IMH staff, SOS hotline, all also poor thing. Many of them burnt out after working on all these depressing cases after a while.
The figure 10yo is very sad. 20-29 is highest and that age group supposed to be full of hope, start to see the world, full freedom :sad:
My DH suggests reducing the reliance on counseling etc. and directly address the biochemistry cause. Therefore, start on medication (like Prozac) to make the brain happier. It maybe a better way to manage suicide. Stop tagging stigma to psychiatric medication. -
Anyone following the Ridout Road Saga? I am waiting for the parliamentary debate on Monday.
I can agree that there is no corruption involved as citied by CPIB but I still feel the issue also raises some disquieting aspects of SLA’s management of the B&W houses.
As a landlord myself, it’s just so stupid to throw in so much money to do up the place only after I have rented out the place at a cheap rate. When using taxpayers’ money, the obscene amount of money SLA spent to make good the B&Ws for a pittance doesn’t make economical sense at all. Any landlord using his own money (and not taxpayers’ money) will never do so!
And for those who are familiar with the rental market, we all know that rental has shot up by 50%-100% since end-2021. As a result, many tenants kena forced to relocate/downgrade.
Maybe SLA should just issue a master contract to commercial companies like CapitalLand etc. to better manage the rental of the B&W houses. May be it’s time to replace the Perm Sec overseeing SLA. After all, by not maximizing the rental income from B&W houses, this is tantamount to raiding the reserves. -
Am reading this news bits and pieces.
They rented the place and then rent out to who? -
starlight1968sg\" post_id=\"2112068\" time=\"1688267197\" user_id=\"14025:
They rented the place for own stay.
Am reading this news bits and pieces.
They rented the place and then rent out to who? -
lee_yl\" post_id=\"2112067\" time=\"1688266753\" user_id=\"17023:
Maybe it's time to replace the Minister overseeing the SLA. Oh wait...
Maybe SLA should just issue a master contract to commercial companies like CapitalLand etc. to better manage the rental of the B&W houses. May be it’s time to replace the Perm Sec overseeing SLA. After all, by not maximizing the rental income from B&W houses, this is tantamount to raiding the reserves.
:siam: -
lee_yl\" post_id=\"2112067\" time=\"1688266753\" user_id=\"17023:
As a landlord who has managed old properties for rent, it is also penny wise pound foolish to make the place habitable only after I have rented out the place.
As a landlord myself, it’s just so stupid to throw in so much money to do up the place only after I have rented out the place at a cheap rate. When using taxpayers’ money, the obscene amount of money SLA spent to make good the B&Ws for a pittance doesn’t make economical sense at all. Any landlord using his own money (and not taxpayers’ money) will never do so!
The reports say the properties had been vacant for many years. At say $20k a month, 5 years is 20k X 12 X 5 = $1.2m of rent forgone. And the $400-$500k still have to be spent by SLA. So what did SLA save? $5k interest a year (those were ultra low interest years before 2018) at the cost of $240k forgone rent a year? :siao: -
For the money spent on repairs, can tenants claim this expense from landlord?
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starlight1968sg\" post_id=\"2112363\" time=\"1688453722\" user_id=\"14025:
Landlord hv responsibility to ensure the rental house is in tenable condition & undertakes all major repairs, maintenance & construction work. These usually pertains to fixtures & fittings.
For the money spent on repairs, can tenants claim this expense from landlord?
Tenants will be held to the contractual terms of small repairs within stated dollar value limits. If suc small repairs exceed the contractual amt, and the landlord is informed, the sun abv that Amt will be claimable if landlord agreed to it prior to repairs. However, if tenants choose to upgrade the aesthetics or items in the rental unit, they’ve to get the agreement of the landlord & carry out at their own expenses & any fittings or fixtures typically remains property of the landlord after tenancy expires.
However, major reno expenses a landlord does for the unit to be tenanted or during tenancy, can be claimed against property tax deductions.
I’m not an expert but based on some informed experiences. -
Leaving aside making the rental property habitable, it is stupid for a landlord not to do up the property, especially a GCB sized property.
All that is needed is to modernize the wet areas, ie kitchen and bathrooms (by simply tiling everything over without even hacking), and install the aircon. If necessary, put in a new layer of internal glass windows (because conservation houses can have horrible shuttered windows). The other areas only need a floor polish and a fresh coat of paint. After that, SLA can easily rent it out for 15k-25k more a month. The capital cost can be recovered in 1-2 years.
Who wants a yucky kitchen and icky bathrooms?
It’s just inertia on the part of lazy SLA.
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