$92,100 COE

**kane** · 10-01-13, 22:53

looks like STI chart...

**radha08** · 11-01-13, 03:18

Originally Posted by kane

looks like STI chart...

i also say...

**radha08** · 11-01-13, 03:20

Originally Posted by Rosy

What do u mean?

what i mean is that early 2009 everything was cheap cheap cheap the world was coming to an end then at least thats what most people thought...

**ysyap** · 11-01-13, 05:57

Originally Posted by radha08

what i mean is that early 2009 everything was cheap cheap cheap the world was coming to an end then at least thats what most people thought...

Cheap compared to now lah but then it was still pretty expensive then, I remember. However, there was not many CM to curb or restrict our purchase then. That was very important.

Yo u work night shift?

**kane** · 11-01-13, 07:25

Kovan residences $700+psf back then... and many more of course. MPR... Caspian...

**Shanhz** · 11-01-13, 07:59

Originally Posted by kane

looks like STI chart...

no lah, STI not even 3,800 yet

**kane** · 11-01-13, 08:12

If STI was 3800, COE would have been well past the $100k mark.

**phantom_opera** · 11-01-13, 08:25

any TA analist can tell u COE price is now outside of the rising band .... that means extremely bullish

**kane** · 11-01-13, 11:41

Enter higher uptrend channel.

**Rysk** · 11-01-13, 11:51

Originally Posted by phantom_opera

I like the last 4 point.. the "curve" was damn POWER!!

**kane** · 11-01-13, 11:54

Got a chart for Cat B?

**Kelonguni** · 15-01-13, 16:29

http://www.straitstimes.com/breaking...inues-20130115

The tsunami from property regulations will swarm over to cars. Other than houses, the next big ticket item for Singaporeans are cars!

100K by CNY guaranteed.

Eh, how come no CM for cars? The price has gone up three-fold from mid-2000s.

**DC33_2008** · 15-01-13, 16:36

It is so easy to cool the COE. Just increase the quota like what they do with more GLS in property.

Originally Posted by Kelonguni

http://www.straitstimes.com/breaking...inues-20130115

The tsunami from property regulations will swarm over to cars. Other than houses, the next big ticket item for Singaporeans are cars!

100K by CNY guaranteed.

Eh, how come no CM for cars? The price has gone up three-fold from mid-2000s.

**phantom_opera** · 15-01-13, 16:45

One expat complained to me ... in Singapore you make $$ 200k pa seems a lot but once u starting buy car buy property hire maid + international school ... all so ex ... at the end nothing left ... so if you want to save and invest then no qualify of life ... if enjoy quality of life (maid+car+condo as roof) then no saving to invest ... LPPL

LPPL is such a good word to describe Singapore life

for expats:

lppl
hokkien (chinese dialect), commonly used in singapore. literally means to bang your balls against your dick. used when you are stuck in a situation and no matter how you try to change it, the end result is the same.

**Kelonguni** · 15-01-13, 21:11

Originally Posted by DC33_2008

It is so easy to cool the COE. Just increase the quota like what they do with more GLS in property.

Yes, it's easy, but sustainable? Look at what happened to Ex minister Raymond Lim...

**hyenergix** · 15-01-13, 21:27

Originally Posted by phantom_opera

One expat complained to me ... in Singapore you make $$ 200k pa seems a lot but once u starting buy car buy property hire maid + international school ... all so ex ... at the end nothing left ... so if you want to save and invest then no qualify of life ... if enjoy quality of life (maid+car+condo as roof) then no saving to invest ... LPPL

LPPL is such a good word to describe Singapore life

for expats:

lppl
hokkien (chinese dialect), commonly used in singapore. literally means to bang your balls against your dick. used when you are stuck in a situation and no matter how you try to change it, the end result is the same.

I have written off Singapore for retirement for peasants like myself. The amt of social security does not equal to e tax we r paying indirectly. The money has disappeared somewhere... u guys shd know something is not right.

**phantom_opera** · 15-01-13, 21:54

Originally Posted by hyenergix

I have written off Singapore for retirement for peasants like myself. The amt of social security does not equal to e tax we r paying indirectly. The money has disappeared somewhere... u guys shd know something is not right.

if u believe in PAP, Temasek / GIC are supposed to increase payout to address SG aging problem in next 20/30y ... we will be one day like Japan ... we are saving for rainy days ahead

**Shanhz** · 15-01-13, 21:55

Originally Posted by phantom_opera

lppl
hokkien (chinese dialect), commonly used in singapore. literally means to bang your balls against your dick. used when you are stuck in a situation and no matter how you try to change it, the end result is the same.

**hyenergix** · 15-01-13, 22:00

Originally Posted by phantom_opera

if u believe in PAP, Temasek / GIC are supposed to increase payout to address SG aging problem in next 20/30y ... we will be one day like Japan ... we are saving for rainy days ahead

The returns r quite low. Cld have spurred govt to open immigration flood gate for instant GDP growth. We r now paying back to patch up e flaws. I doubt we will get to c our national reserves. New immigrants r also nor reproducing much. End up diluting reserves...

**phantom_opera** · 15-01-13, 22:05

Originally Posted by hyenergix

The returns r quite low. Cld have spurred govt to open immigration flood gate for instant GDP growth. We r now paying back to patch up e flaws. I doubt we will get to c our national reserves. New immigrants r also nor reproducing much. End up diluting reserves...

as i highlighted b4, the truth is some way in btn ... it is no way as high as 17% compound return in as claimed by Temasek nor it is loss making

i am just concerned whether 4% CPF return is sustinable in next 20-30y

**hyenergix** · 15-01-13, 22:08

Originally Posted by phantom_opera

as i highlighted b4, the truth is some way in btn ... it is no way as high as 17% compound return in as claimed by Temasek nor it is loss making

i am just concerned whether 4% CPF return is sustinable in next 20-30y

Temasek owns a lot of GLCs, n e GLCs earn $ from? How to make loss? Time to subsidise e buses n MRT.

**minority** · 15-01-13, 23:55

Originally Posted by hyenergix

Temasek owns a lot of GLCs, n e GLCs earn $ from? How to make loss? Time to subsidise e buses n MRT.

ur analogy is so simple. like that why not ask for a free PC per citizen?

**minority** · 15-01-13, 23:58

Originally Posted by phantom_opera

One expat complained to me ... in Singapore you make $$ 200k pa seems a lot but once u starting buy car buy property hire maid + international school ... all so ex ... at the end nothing left ... so if you want to save and invest then no qualify of life ... if enjoy quality of life (maid+car+condo as roof) then no saving to invest ... LPPL

LPPL is such a good word to describe Singapore life

for expats:

lppl
hokkien (chinese dialect), commonly used in singapore. literally means to bang your balls against your dick. used when you are stuck in a situation and no matter how you try to change it, the end result is the same.

why do the expat need a car and a house? they are lving the singapore dream ? if they are tranit here then house is utility. like water just pay rent. times up go home.

if they plan to stay here then they would have to join the rat race. so its a investment.

also if they want to localized then no need go international school mah.. if not they should have nego a better package .. coz 200K is not a expat package.

**Kelonguni** · 17-01-13, 07:21

Originally Posted by minority

why do the expat need a car and a house? they are lving the singapore dream ? if they are tranit here then house is utility. like water just pay rent. times up go home.

if they plan to stay here then they would have to join the rat race. so its a investment.

also if they want to localized then no need go international school mah.. if not they should have nego a better package .. coz 200K is not a expat package.

200K is already better off than most of us actually. Just work five years then pay off car, only need to service home loan or rent.

**buttercarp** · 17-01-13, 07:40

Originally Posted by minority

why do the expat need a car and a house? they are lving the singapore dream ? if they are tranit here then house is utility. like water just pay rent. times up go home.

if they plan to stay here then they would have to join the rat race. so its a investment.

also if they want to localized then no need go international school mah.. if not they should have nego a better package .. coz 200K is not a expat package.

Yes, I agree about the expat package.
I think it should be more, mabbe at least $400K?
My FT neighbour renting his unit for $5k per month, child goes to UWC, wife does not work, has a maid. ..... so I assume he should be getting more than 200k per year.

**kane** · 17-01-13, 07:53

UWC per month quite chor.

**minority** · 17-01-13, 15:23

Originally Posted by Kelonguni

200K is already better off than most of us actually. Just work five years then pay off car, only need to service home loan or rent.

no need to pay rent or loan? no need to eat? no other expenses like send kids to school and domestic help? actually not much left after all the overhead.

**minority** · 17-01-13, 15:24

Originally Posted by buttercarp

Yes, I agree about the expat package.
I think it should be more, mabbe at least $400K?
My FT neighbour renting his unit for $5k per month, child goes to UWC, wife does not work, has a maid. ..... so I assume he should be getting more than 200k per year.

wont comment how much is all depends what the roles and responsibility. I am saying 200K these days are not a lot of $. after u factor in all the cost.

**minority** · 17-01-13, 15:25

Originally Posted by buttercarp

Yes, I agree about the expat package.
I think it should be more, mabbe at least $400K?
My FT neighbour renting his unit for $5k per month, child goes to UWC, wife does not work, has a maid. ..... so I assume he should be getting more than 200k per year.

wont comment how much is all depends what the roles and responsibility. I am saying 200K these days are not a lot of $. after u factor in all the cost. even locals are paid more than this these days.

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