Quoted from asiaone.com.sg http://www.asiaone.com/Business/My%2BMoney...915-167970.html

COV is not an agreed amt the buyer think the flat worth.

It's the seller who set their price tag for the COV.

Is HDB clear of the market situation or just still dreaming the perfect scenario.

u had a choice to walk away for high COV

For those that agree to pay high COV, that is their decision. They had to live with that. B'coz it is their choice.

Seller has the right and freedom to mark the price they want.

Buyer has the right and freedom to bite the price tag.

It is abt seller and buyer. What to do with HDB?

Edited September 16, 200917 yr by therat

u had a choice to walk away for high COV

For those that agree to pay high COV, that is their decision. They had to live with that. B'coz it is their choice.

Seller has the right and freedom to mark the price they want.

Buyer has the right and freedom to bite the price tag.

It is abt seller and buyer. What to do with HDB?

Agree. As I said, you really are everywhere.

I agree with therat. High COV, just walk away, it's a free market after all. Willing buyers, willing sellers.

There are flats with $0 COV, but those buyers are not painting the whole picture eg, not so near MRT, low floor, original condition etc.

Agree. As I said, you really are everywhere.

sound so familiarrrrrrrrr

Got a thread started ok. in the end flame left right center. LOL.

u had a choice to walk away for high COV

For those that agree to pay high COV, that is their decision. They had to live with that. B'coz it is their choice.

Seller has the right and freedom to mark the price they want.

Buyer has the right and freedom to bite the price tag.

It is abt seller and buyer. What to do with HDB?

HDB has the responsibility of making public housing affordable.

Bcos they built the flat in the first place and they sell it to u.

Seller is greedy

Buyer is stingy

Singles cannot buy new flats

Married cannot wait for new flats.

HDB cannot come up in time with the new flats or oursource to pte developer bcos it's too troublesome to manage themselves.

All these adds up to the elements to this boom.

If the govt dun do anything to control, then we will be the next America.

All ur property dun belongs to u, but the bank and the govt.

All will go rent a tent at the sea side.

Or hope we all move to District 9 or 10

Edited September 17, 200917 yr by Wind78

Yes, I can't agree more. In this free market, everybody is given a choice to live with.

Either you take it or leave it. No qualms.

However, I wonder .. roles will change in time to come.

Stingy buyers will become greedy sellers

People may take a different stand from once where they are ...

Yes, I can't agree more. In this free market, everybody is given a choice to live with.

Either you take it or leave it. No qualms.

However, I wonder .. roles will change in time to come.

Stingy buyers will become greedy sellers

People may take a different stand from once where they are ...

Yes indeed.

These days, honesty is no longer found in this world.

Somebody is always out to cheat somebody's money.

I tink it's worst than not giving up their seats in the MRT.

It shows how ugly we have become and evolved.

Yes indeed.

These days, honesty is no longer found in this world.

Somebody is always out to cheat somebody's money.

I tink it's worst than not giving up their seats in the MRT.

It shows how ugly we have become and evolved.

cheat?

who is cheating?

Edited September 19, 200917 yr by therat

Imagine this scenario..what if HDB makes housing affordable, but the catch is the flat cannot be sold for a profit, and can only resell back to HDB?

how do we expect hdb to help?

seller ask $A, buyer pay $A

seller ask for $B, buyer pay $B

can we blame all the buyers who willing pay for the COVs?

would anybody blame themselves for being rich? for being able to afford all this sky high COVs?

Edited September 19, 200917 yr by born_again

Imagine this scenario..what if HDB makes housing affordable, but the catch is the flat cannot be sold for a profit, and can only resell back to HDB?

I'm imagining....

Then we will be enslaved by the govt.

Fair yes, btwn the normal ppl who sells and buys.

Unfair to the ppl and the govt. Cos govt are made up of greedy ppl too