What I hate about the current Singapore

[fightingmom]

limlim:

concern2:

Are PRs allowed to buy NEW HDB flats or are they allowed to buy RESALE HDB flats? If resale, it still makes sense since they'd be buying from citizens who has the exclusive rights, no? If PRs are allowed to buy NEW HDB flats and citizens who are single are not, then it doesn't make sense to me.

Resale only.

But, you are also competing with citizens even if it is resale.

HDB is supposed to be subsided housing for citizens.

HDB can build and rent flat flats to them, or they can rent from citizens. Why allow PRs to own HDB flats? If they are rooted here and can commit, they can always apply citizenship and buy HDB flats.

The current situation now is like, those who cannot commit here, can buy HDB flats which is almost like sure way to make money. Lots of money.

Hmmm... Actually HDB did roll out certain incentives for SC , example
The housing grants for first timers, or those who want to stay near their parents and even for singles. I consider that a subsidy too even though it is going into CPF account.

PRs are not entitled to such CPF housing grants. Thus, most of them if they want to own a HDB resale flat, they need to come up with a lot of cash on top of the COV that the sellers are calling for.

[concern2]

limlim:

concern2:

Are PRs allowed to buy NEW HDB flats or are they allowed to buy RESALE HDB flats? If resale, it still makes sense since they'd be buying from citizens who has the exclusive rights, no? If PRs are allowed to buy NEW HDB flats and citizens who are single are not, then it doesn't make sense to me.

Resale only.

But, you are also competing with citizens even if it is resale.

HDB is supposed to be subsided housing for citizens.

:idea: Think you have a point there. Money-making aside, if singles (and single parents), though they are not married, are not allowed to buy new flats, then how are they different from PRs? And the fact that singlehood is on the rise too.

Is not having the privilege to buy new HDB flat a punishment to being single? Or is it supposed to be a motivating factor for people to have a spouse? I'd say it sounds like a really odd motivating factor if it is one. Then again, if one is single, one SHOULD stay with parents, so no reason why singles need a flat of their own - yes or no?

[limlim]

Single can buy HDB if they are > 35yo.

[verykiasu2010]

concern2:

AC:

[quote=\"limlim\"]Actually, was wondering who does the Govt need to allow PRs to buy HDB flats?


PRs can always rent HDB or buy condo right? If they are attracting \"Talents\", not cheapo PMET labour to complete with citizens for jobs.

Or HDB can rent flats to PRs.

Why must allow PR
to buy HDB flats?

:goodpost: totally agree with you.....

Are PRs allowed to buy NEW HDB flats or are they allowed to buy RESALE HDB flats? If resale, it still makes sense since they'd be buying from citizens who has the exclusive rights, no? If PRs are allowed to buy NEW HDB flats and citizens who are single are not, then it doesn't make sense to me.[/quote]PR can only buy resale

[verykiasu2010]

limlim:

HDB is supposed to be subsided housing for citizens.

the so-called \"market\" subsidy is no subsidy

market price move up and down and the \"subsidy\" is still the name

you are right, it is 'supposed' to be. but actually ?

[concern2]

limlim:

Single can buy HDB if they are > 35yo.

Yes, but only RESALE - competing with PRs.

[verykiasu2010]

concern2:

limlim:

Single can buy HDB if they are > 35yo.

Yes, but only RESALE - competing with PRs.

and only in certain housing estates

[limlim]

verykiasu2010:

limlim:

HDB is supposed to be subsided housing for citizens.

the so-called \"market\" subsidy is no subsidy

market price move up and down and the \"subsidy\" is still the name

you are right, it is 'supposed' to be. but actually ?

Actually.. I made a mistake.. I meant to say \"Affordable\" housing.. not subsidized..

“居者有其屋“

[verykiasu2010]

limlim:

verykiasu2010:

[quote=\"limlim\"]


HDB is supposed to be subsided housing for citizens.

the so-called \"market\" subsidy is no subsidy

market price move up and down and the \"subsidy\" is still the name

you are right, it is 'supposed' to be. but actually ?

Actually.. I made a mistake.. I meant to say \"Affordable\" housing.. not subsidized..

“居者有其屋“[/quote]it is the 'market' subsidy that has made it less affordable than before

[fightingmom]

verykiasu2010:

concern2:

[quote=\"limlim\"]Single can buy HDB if they are > 35yo.

Yes, but only RESALE - competing with PRs.

and only in certain housing estates[/quote]Errmmmm... If I am not wrong, the rule has been lifted and now all SC singles can buy from any estates and any flat type as long as they satisfy the income ceiling.

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyResaleFlatSingleScheme?OpenDocument