Page 5 of 5 FirstFirst 12345
Results 121 to 128 of 128

Thread: How to stop the shoebox craze?

  1. #121
    Join Date
    May 2012
    Posts
    4,035

    Cool

    If one wishes to have children, even 1 single bedroom suffices. Both my wife and I grew up sharing 1 bedroom with 2 other siblings. For her, early years was in a studio apartment. For me was better, in a kampung house shared with a dozen adults and many children. It was the norm for two adults and all their children to share 1 bedroom. A typical bedroom was just a queen sized bed and mattresses all over. If you want to come in, the mattresses are an unavoidable path for you.

    It has been commented that 1-bedders are not suitable for families, but for those who who are keen to build families and need housing as they save up and do not wish to incur heavy loans, at the same time unable to get the HDBs of their choice, MM offers a potential lifeline to them as well. It is a viable short term 5-8 years solution until finances are more stable.

    A typical family-sized apartment is in the range of around 1 million while a MM unit hovers around 500K. Although the difference in downpayment is relatively small, the loan incurred is double, with the potential for double / triple interest sometime down the road.

    At the other end of the spectrum, there are people who buy mansions and huge PCs / HDBs who refuse to have children or defer it forever. They need their huge yards, fully functional kitchens, huge living rooms and bedrooms. And yet do not produce or produce only 1.

    If family building should ever be a reason for MND to set laws making it tougher to own small apartments, then Mr Khaw should also set laws regulating that people who own larger apartments have an obligation to the nation to produce children (especially HDB). People who have large living spaces must show clear evidence of their best efforts to procreate.

    E.g.
    60-80 sqm - minimum 1 child in 3 years.
    81-110 sqm - minimum 2 children in 5 years.
    111sqm and above - minimum 3 children in 7 years.

    My point is, would Singaporeans like laws like that? Or do you prefer the freedom to make rational and logical decisions based on your interpretation of your own situation?

  2. #122
    Join Date
    Jun 2011
    Posts
    444

    Default

    Good one! People are just kaypoh. Want to dictate how other people live when they can't even manage their own lives.

  3. #123
    Join Date
    Mar 2012
    Posts
    4,990

    Default

    Quote Originally Posted by evergreen
    so young. turned gay after mid-life crisis?
    Born This Way - the gay way. ;-)

  4. #124
    Join Date
    Mar 2012
    Posts
    4,990

    Default

    Quote Originally Posted by evergreen
    Good one! People are just kaypoh. Want to dictate how other people live when they can't even manage their own lives.
    I second that. Kelonguni - super duper ilike your post!!!!!

  5. #125
    Join Date
    Jan 2012
    Posts
    3,294

    Default

    MP also buy MM liao, why stop the showbox craze? Join in!

  6. #126
    Join Date
    Jan 2012
    Posts
    131

    Default

    Quote Originally Posted by Ringo33
    There has been plenty of discussion here about the crazy shoebox property and majority here seem to suggest that government should introduce cooling measures to contain the shoebox craze.

    Question is, should we? or should we not?

    what exactly can we do to contain shoebox prices without affecting the already depressing resale market for larger apartments?
    Why not let the market decide?

  7. #127
    Join Date
    Nov 2008
    Posts
    1,385

    Default

    Quote Originally Posted by price
    MP also buy MM liao, why stop the showbox craze? Join in!
    MP can't stop them, join them!

  8. #128
    Join Date
    Jan 2012
    Posts
    3,294

    Default

    Quote Originally Posted by jwong71
    MP can't stop them, join them!
    800k, TOP sell @ 1.2k cap gain 60%!

Similar Threads

  1. Stop trend of building shoebox units
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 11
    -: 22-04-18, 15:19
  2. Stop shoebox apartment bashing
    By TheOnlyGayInTheVillage in forum Singapore Private Condominium Property Discussion and News
    Replies: 39
    -: 15-07-12, 10:02
  3. LIVING LARGE: Bigger homes making a comeback after shoebox craze
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 6
    -: 08-07-12, 14:43
  4. Will CCR investors join the Shoebox Craze?
    By Ringo33 in forum Singapore Private Condominium Property Discussion and News
    Replies: 29
    -: 31-05-12, 14:24
  5. Houseboats - the next 'property' craze?
    By mr funny in forum HDB, EC, commercial and industrial property discussion
    Replies: 1
    -: 20-04-07, 06:48

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •