Housing policy explained: Lim Hwee Hua
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Dec 5, 2010 - Straits Times
By Zakir Hussain
THE housing market may be cooling, but it was a hot issue for two veteran Kampong Chai Chee grassroots leaders who quizzed Minister in the Prime Minister's Office Lim Hwee Hua on policy changes and what they saw as shortcomings.
Residents' committee member Bernard Choo, 64, wondered if housing authorities slipped up in planning for population growth, leading to 'a huge housing demand chasing a very limited supply'.
Former community centre management committee chairman Png Wee Chor, 71, took issue with the tightening of restrictions on HDB owners buying private property, and private property owners buying resale HDB flats.
Both questions dominated an hour-long dialogue Mrs Lim had with residents during her visit on Sunday to the Kampong Chai Chee ward of East Coast GRC. Other issues raised included future plans for the ward and amenities such as the food centre and sports facilities.
Mrs Lim, who acknowledged that housing was an issue close to people's hearts, used the opportunity to explain the complexities of planning for housing demand. She noted that it was extremely difficult to be precise about a country's future needs as trends and preferences change.
In outlining the thinking behind the latest measures, she told Mr Png that when the Government saw that younger couples found it hard to get a flat, it discovered that a key obstacle was the rising cash-over-valuation for resale flats.
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so they noted the problem of rising cash over valuation for resale flats and what did they do to solve the problem?
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Originally posted by dechang:
so they noted the problem of rising cash over valuation for resale flats and what did they do to solve the problem?
they don't solve problems, especially not their problems.
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Problem?
What problem?
In Singapore, there are no problems.
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Originally posted by Clivebenss:
Mrs Lim, who acknowledged that housing was an issue close to people's hearts, used the opportunity to explain the complexities of planning for housing demand.
She noted that it was extremely difficult to be precise about a country's future needs as trends and preferences change.
You think I fool? population of Singapore jumped from 4 million to over 5 million in a few years.
Use your arse to think also know demand will outstrip supply and prices will rise lah.
Still want to make up excuses to shift the blame.
You go to hell lah PAP.
Trying to pre empt the election backlash on HDB prices increases by opposition.
Dream on lah PAP, they will use HDB issue to whip you until you die.
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I think we should chase the PAP together with the foreigners out of singapore
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They seems to 'solve' the COV problem BUT the valuation of the resale flat is RISING like nobody business.
When the valuation report of a resale flat expire(in 3 or 6 months, cannot remember), the next valuation report will see a jump of additional $15k to $30k to the old valuation amount.
Problem is still there....
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Since PAP no longer serves the interests of majority of Singaporeans, we must get rid of the PAP.
This is a just cause and correct position to take in my view.
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Originally posted by zoragirl:
When the valuation report of a resale flat expire(in 3 or 6 months, cannot remember), the next valuation report will see a jump of additional $15k to $30k to the old valuation amount.
That is due to more demand by PRs.
It was the PAP that created the problem of letting in so many people and thus increased the demand for public housing.
Now they are trying to shift all of the blame away from themselves and even try to blame Singaporeans for the problem.
This is typical shameless behaviour of the PAP.
This PAP must go, they cannot stay. They don't have a sense of shame and like to shift blame to others.
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Originally posted by zoragirl:
They seems to 'solve' the COV problem BUT the valuation of the resale flat is RISING like nobody business.
When the valuation report of a resale flat expire(in 3 or 6 months, cannot remember), the next valuation report will see a jump of additional $15k to $30k to the old valuation amount.
Problem is still there....
whats the difference between COV and valuation of resale flat?
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come on guys... why u all so stupid one har.. dun see how good PAP is to us ar...... almost all of us got HDB flat ar.... some "ppl" even got more than one ar...... so by letting the HDB price go up and up and up....... it will only make all of "us" rich rich rich ar... soon we will have swiss level of living ar..... we will all be living in house that worth few hundred millions and we all be billionaires...and every singapore will be the king of the world ar... get it?? PAP is good lah...tio bo?
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Originally posted by I-like-flings(m):
come on guys... why u all so stupid one har.. dun see how good PAP is to us ar...... almost all of us got HDB flat ar.... some "ppl" even got more than one ar...... so by letting the HDB price go up and up and up....... it will only make all of "us" rich rich rich ar... soon we will have swiss level of living ar..... we will all be living in house that worth few hundred millions and we all be billionaires...and every singapore will be the king of the world ar... get it?? PAP is good lah...tio bo?
How to get 2 HDB flats? Divorce ah?
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Ya PAP Ministers are so good and smart so in next election I am going to vote them out.
They have been working so hard and earn so much money so I guess I should ne a nice guy to kick them out in the next election and let them retire and enjoy life
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Originally posted by Clivebenss:
How to get 2 HDB flats? Divorce ah?
use ur parent name lor..each family may have a few in the end... plus still got private one leh...all the price is linked with HDB one lah ... u take up PAP.. wait all ur big big big 5 room flat all worth 50cents only how? hahahaha -
Originally posted by I-like-flings(m):
use ur parent name lor..each family may have a few in the end... plus still got private one leh...all the price is linked with HDB one lah ... u take up PAP.. wait all ur big big big 5 room flat all worth 50cents only how? hahahahaparents? sell already can share with sibling mehs? haha...
you get only 50cents for your investment. So poor thing.
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Originally posted by Clivebenss:
parents? sell already can share with sibling mehs? haha...
you get only 50cents for your investment. So poor thing.
cannot sell one lah.. must hold one ar... soon it will become 10000 millions each ar... -
Originally posted by I-like-flings(m):
cannot sell one lah.. must hold one ar... soon it will become 10000 millions each ar...10000million bubbles. Like the Indian with 10 eggs story.