Punggol East By-Election coming ? MP steps down

[3Boys]

JannettLee:

limlim:

[quote=\"Irrelevant\"]

So how many% of Singaporeans will be affected? If you do not wish to pay the ABSD, what will you do? You reckon foreign buyers are happy to pay 15%+3% stamp duty? Property speculators like yourself are precisely the target of these cooling measures and rightly so. Otherwise, when the property prices come crashing down, folks like yourself will KPKB and say that it's the government fault!

I hate the ABSD.. but at this moment I believe and trust the judgement of the govt.

It is better than kpkb when the bubble burst.. if it burst lah.. if not, then later kpkb abt the govt on the ABSD.. :evil: :evil:

See that is the problem with most people as they perceived that this is a bubble and they didn't know that it's a genuine demand! What do you expect the property demand when government allow almost 100K foreigners to come in every year now? Now you know why some people can be a property investor but some can't. You need to have foresight to make money :imcool:

Don't just take the face value of any policies!

As I said, these cooling measures are killing off all marginalized singaporean. Private property is going to be out of reach for most singaporean by looking at the trend.

It's none of my business la and just let people see from another angles... My offspring are well taken off anyway![/quote]Marginalized? The whole point is to strongly discourage those on borderline to plough their money into a bubble!

[Irrelevant]

Touché.

JannettLee:

As I said, these cooling measures are killing off all marginalized singaporean. Private property is going to be out of reach for most singaporean by looking at the trend.

What do you mean by marginalised Singaporeans? Do you mean rich, marginalised Singaporeans? Incidentally, in case you don't know, 75% of Singaporeans stay in HDB. What do you mean by private property is out of reach for most Singaporeans?

[Harlequin]

Long term financial goal:


TO BE THE MARGINALIZED SINGAPOREAN!

[Harlequin]

How many actually know what's the figure of the foreign buyers after the previous cooling off measures? Or, care to know?


Btw, D'Leedon at District 10 is offloading at the average price of $1200- $1300 psf, lets chiong ah

[3Boys]

Harlequin:

Long term financial goal:


TO BE THE MARGINALIZED SINGAPOREAN!

I've been marginalized for a long time oredi :evil:

[Harlequin]

3Boys:

Harlequin:

Long term financial goal:


TO BE THE MARGINALIZED SINGAPOREAN!

I've been marginalized for a long time oredi :evil:

But this morning, suddenly \"marginalized\" has a different and new meaning :evil:

[raysusan]

this set of photos of thank you parade is fantastic


http://www.facebook.com/media/set/?set=a.598931883456732.150847.149672065049385&type=1

http://sphotos-b.ak.fbcdn.net/hphotos-ak-ash4/484722_598937073456213_1183117091_n.jpg\">

[Strparent]

raysusan:

this set of photos of thank you parade is fantastic


http://www.facebook.com/media/set/?set=a.598931883456732.150847.149672065049385&type=1

thanks for sharing, great warm pics - tell 16,000 words

the MIW just dont get it , they still dont accept the real sentiments

[Funz]

JannettLee:

limlim:

[quote=\"Irrelevant\"]

So how many% of Singaporeans will be affected? If you do not wish to pay the ABSD, what will you do? You reckon foreign buyers are happy to pay 15%+3% stamp duty? Property speculators like yourself are precisely the target of these cooling measures and rightly so. Otherwise, when the property prices come crashing down, folks like yourself will KPKB and say that it's the government fault!

I hate the ABSD.. but at this moment I believe and trust the judgement of the govt.

It is better than kpkb when the bubble burst.. if it burst lah.. if not, then later kpkb abt the govt on the ABSD.. :evil: :evil:

See that is the problem with most people as they perceived that this is a bubble and they didn't know that it's a genuine demand! What do you expect the property demand when government allow almost 100K foreigners to come in every year now? Now you know why some people can be a property investor but some can't. You need to have foresight to make money :imcool:

Don't just take the face value of any policies!

As I said, these cooling measures are killing off all marginalized singaporean. Private property is going to be out of reach for most singaporean by looking at the trend.

It's none of my business la and just let people see from another angles... My offspring are well taken off anyway![/quote]The govt is trying to make sure that those who NEED a property can get it at a reasonable price. Those who WANT a 2nd/more property will have pay more. And rightfully so that only those who CAN afford a 2nd/more property without having to stretch their finances venture into such investments.

In my very simplistic mind, ABSD is govt's way for taking money from the rich and affluent and also foreigners. If some local bloke who cannot really afford it want to stretch his/her finances that is his/her perogative.

[Coolkidsrock2]

The ABSD and loan rules are temporary, imposed to cool the market and will be reviewed depending on market conditions. It is calibrated to bring a soft-landing.


Hong Kong had already imposed a 15% tax on all foreigners last October.