FIRST-TIME home buyers were given a leg up on the property ladder yesterday with the expansion of a grant designed to help financially struggling home hunters.
It is a great move to assist the newly wed for First-Timer buying their new nest but to see it at another aspect, are they giving newly wed options to stay further as well? As the First-Timer grant and Living near parents grant doesn't show any difference as both stands at 40k.
It does benefit those who are first timers, but I believe the majority will be moving for the option to stay near their parents for buying resale flats which makes no difference for the policy announce. Do hope that there might be a revise in the living near parents grant as well.
tina_tan, aiyah don't be so naive lah.
How much more is the "grant" ?? $10k??
How much new HDB (Surbana Corp) flats in popular estates now? $400,000+ to $640,000+ ??
I know the really ulu places like Jurong West EXTENSION can get cheaper.
Anyway "give" you $10k more but suck you dry for next 25-30 yrs for your overpriced 99yr leasehold HDB (Surbana Corp) flat is LPPL.
At the end of the day, Surbana Corp, wholly-owned by Temasek, still suck up most of our CPF money till we retire and then we find not enough for CPF for our retirement then we go back to work with low pay and lower CPF contribution.
Work till old old and pay and pay to Sg Gahmen till die so that they can pay $45,000 for cooking course in elite French cooking or baking school.
Mah Bow Tan ---- PLEASE EXPLAIN---- How come private properties prices coming down like a ton of bricks but HDB (Surbana Corp) 99yr leasehold "public" flats prices can still GO UP har!!!!!!???
Very Very STRANGE leh.
January 23, 2009 Friday, 05:34 AM
