Results 1 to 10 of 10

Thread: The power of CPF contribution.

  1. #1
    Join Date
    Oct 2012
    Posts
    1,163

    Default The power of CPF contribution.


  2. #2
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default

    Don't know can give my example.

    There is little power left when you retire if you don't buy property otherwise they don't need 8 control measure to stop people from buying property.

  3. #3
    Join Date
    Oct 2012
    Posts
    1,163

    Default

    It gives people a chance to own property. Even for those that do not buy any there is still money at the end of the day.

  4. #4
    Join Date
    Oct 2012
    Posts
    1,163

    Default

    I think the high growth of property price is over due to alot of youngsters that dislike property price increase.

  5. #5
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default

    Property is a consumer goods in some country. You need to pay maintenance and the house depreciate with time due to wear and tear.

    Singapore property price is the only few that appreciate with time.

    LKY have make it this way so that he can distribute the country wealth to those who don't know how to invest.

    Along the way some how it slow down and cause lot of unhappiness in the 2011 election.

    The elector have awaken and no more willing to accept threat from them.

  6. #6
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    Singapore's property price growth is because of increasing population where the new residents are affluent / rich and hence property price can increase...........

    If you don't have growing affluent population, then property price will no grow.

    Given the very strict tightening of foreigners coming to Singapore to work, and as long as the hard-hitting property cooling measures are in place, Singapore property prices will not go up, but rather, continue to drop until next recession...........

    If you really want to buy now, make sure you have a lot of fire power come next recession because interest rate will initially shoot through the roof, could hit 10% p.a. just like in the 198x. Nothing is impossible, you are fore-warned!



    Quote Originally Posted by Arcachon View Post
    Property is a consumer goods in some country. You need to pay maintenance and the house depreciate with time due to wear and tear.

    Singapore property price is the only few that appreciate with time.

    LKY have make it this way so that he can distribute the country wealth to those who don't know how to invest.

    Along the way some how it slow down and cause lot of unhappiness in the 2011 election.

    The elector have awaken and no more willing to accept threat from them.

  7. #7
    Join Date
    May 2012
    Posts
    4,035

    Default

    Do yourself a favor Teddy.

    Go subscribe to a service that helps you find out who are the purchasers in recent sales.

    After a few years of stagnancy, people's incomes have increased, according to Minister Khaw about 30%. Give a couple of years more and we would already "reach" the low 2009 levels, which suggests that this is a low benchmark to have set to begin with.

    The only way to seriously derail the demand would be a SARS level situation.


    Quote Originally Posted by teddybear View Post
    Singapore's property price growth is because of increasing population where the new residents are affluent / rich and hence property price can increase...........

    If you don't have growing affluent population, then property price will no grow.

    Given the very strict tightening of foreigners coming to Singapore to work, and as long as the hard-hitting property cooling measures are in place, Singapore property prices will not go up, but rather, continue to drop until next recession...........

    If you really want to buy now, make sure you have a lot of fire power come next recession because interest rate will initially shoot through the roof, could hit 10% p.a. just like in the 198x. Nothing is impossible, you are fore-warned!
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  8. #8
    Join Date
    Jun 2015
    Posts
    307

    Default

    Quote Originally Posted by Kelonguni View Post
    Do yourself a favor Teddy.

    Go subscribe to a service that helps you find out who are the purchasers in recent sales.

    After a few years of stagnancy, people's incomes have increased, according to Minister Khaw about 30%. Give a couple of years more and we would already "reach" the low 2009 levels, which suggests that this is a low benchmark to have set to begin with.

    The only way to seriously derail the demand would be a SARS level situation.
    Master Kelonguni , some Masters just dun write sensibly and responsibly. They either mislead or create fear to other people.

  9. #9
    Join Date
    Sep 2014
    Posts
    650

    Default

    Sith lords they are.

  10. #10
    Join Date
    Jun 2015
    Posts
    307

    Default

    Quote Originally Posted by MrTan View Post
    Sith lords they are.
    Master Tan , why they end up like that. Could it be the followings:
    - Resentful because MTB like me,
    - No sense of belonging ,
    - Very rich just talk down the market so they can buy more,
    - Foreigners,
    - Jealousy and depression or sadist,
    - etc etc
    Masters please advise

Similar Threads

  1. Any Ceiling for contribution of CPF OA?
    By FREDDIE in forum Coffeeshop Talk
    Replies: 993
    -: 18-03-23, 15:14
  2. The power of Big Data
    By Arcachon in forum Coffeeshop Talk
    Replies: 1
    -: 26-12-18, 18:00
  3. CPF contribution rates are more than enough to cover housing: Khaw
    By princess_morbucks in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 23-02-14, 22:18
  4. CPF contribution
    By yowetan in forum Coffeeshop Talk
    Replies: 17
    -: 21-04-13, 15:22
  5. just pay my tax and come the medisave contribution...
    By roly8 in forum Coffeeshop Talk
    Replies: 13
    -: 15-06-12, 08:49

Posting Permissions

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