while mere mortals, like me, grapple with issues of putting bread on the table, these folks are................
http://online.wsj.com/article/SB1000...162556670.html
while mere mortals, like me, grapple with issues of putting bread on the table, these folks are................
http://online.wsj.com/article/SB1000...162556670.html
"One night, there were these kids here—literally kids in their 20s—who all had their own private jets,"
"Serious jets, too. There was an A380 which was converted to include a pool and basketball court—it was ridiculous."
Now you know why SC Global is taking itself private. The very wealthy play by their own set of games regardless of the "analysis" and people shouting for CCR prices to crash.Originally Posted by azeoprop
Well...that is life....
All the QEs in the world are helping to transfer money from saving class to the ultra rich ...
PAP likes to term it "state transfer" ... QEs work like reverse social transfer
Ride at your own risk !!!
World war 3 coming?
and we got 1 million hdb flats....whose price is going to crash..what a country....some so rich and some about to be so poor...
In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...
dun worry, ultra rich Chinese will send their proxies to buy all resale HDBs ... so cheap here compared to Shanghai / Beijing, 70y lease vs 90y leaseOriginally Posted by radha08
Chinese has reached Cyprus ...
Ride at your own risk !!!
The $1m HDB flats dream for many is going to go down the drain since you are now told by MND that fair property price for HDB BTO flats in non-mature estate is 4x annual salary only. Since medium income is $5k pm x12 x4 = $240k, mature to non-mature estate at most 2x rate means HDB flats in mature estate at most $480k nia! How to hit $1m?!
Originally Posted by radha08
i wonder if the lease was 60 years or 50 years, what will the take up rate be like?
Originally Posted by teddybear
median household income is 7.5K works out to be ard 330K per couple for 4yrs
http://www.singstat.gov.sg/pubn/pape...ple/pp-s19.pdf
Well non mature still base on what the open market willing to pay. u have to bench mark the bto in mature estate to the resale in mature estate. which KBK say 30% drop and 4x annual salary is for non mature estate only.
Last edited by minority; 11-03-13 at 23:41.
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
i take that he means resale HDBs going at $1mOriginally Posted by teddybear
beggars can't be choosers. shorter lease = cheaper. want a longer lease, pay more.Originally Posted by kane
anybody wants to sell Pinnacle @ Duxton to me at 500k?Originally Posted by teddybear
Ride at your own risk !!!
heh, i offer $510k, immediate deal to closeOriginally Posted by phantom_opera
where else in the world can you find public housing going for a mil and people still call it a bargain
this report is just overly exaggerated.Originally Posted by eng81157
Originally Posted by hutsutau
interesting thing to point out. Clubs sells 26K cocktail but avg night earnings is 100K... goes to tell how many people really pay for such drinks. They might be rich but not carrots.
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
hello, this is wall street journal we are talking about. not some kuching kurang tabloid, or straits timesOriginally Posted by hutsutau
sure, an asian version of the WSJ