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Misc100

Raising The Hdb Ceiling To $10000 - Wat R The Implications?

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The ceiling for buying hdb is combined income of not more than $8000.

What are the implications for raising the ceiling to $10000?

Whey the government does not want to raise it?

 

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gov no stupid....

want developers to have a big pool of customers buying their condos.

I think u r spot on...if raise to $10K, more people will buy new HDB and condo price have to come down to attract these $8001 - $9999 earners.

 

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Buy a old resale block and wait for enbloc then you will get a new one. Then dun need to bother abt ceiling income..

Same solution to get you a new unit of hdb...

 

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