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	<title>Comments on: High cost of HDB flats a key reason for failure of Baby bonus to boost birth rate</title>
	<atom:link href="http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/</link>
	<description>The Voice of Singapore from Singaporeans for Singaporeans</description>
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		<title>By: Anonymous</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-2/#comment-26989</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Tue, 15 Sep 2009 08:35:25 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-26989</guid>
		<description>Sigh!Wanna to buy HDB???!!!</description>
		<content:encoded><![CDATA[<p>Sigh!Wanna to buy HDB???!!!</p>
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		<title>By: &#8220;Singaporeans want pricer homes&#8221;: another misleading headlines by Straits Times : The Temasek Review</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-2/#comment-23704</link>
		<dc:creator>&#8220;Singaporeans want pricer homes&#8221;: another misleading headlines by Straits Times : The Temasek Review</dc:creator>
		<pubDate>Thu, 27 Aug 2009 09:54:18 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-23704</guid>
		<description>[...] High cost of HDB flats a key reason for failure of Baby Bonus by Jeremy Koh and Eugene [...]</description>
		<content:encoded><![CDATA[<p>[...] High cost of HDB flats a key reason for failure of Baby Bonus by Jeremy Koh and Eugene [...]</p>
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		<title>By: singaporeeyes</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-2/#comment-23589</link>
		<dc:creator>singaporeeyes</dc:creator>
		<pubDate>Wed, 26 Aug 2009 21:37:15 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-23589</guid>
		<description>My parents couldn&#039;t get white collar jobs for the past 10 years after they turned 50, despite their ample qualifications as architects. As most Singaporeans must know, the govt ONLY CARES ABOUT KEEPING THE SINGAPORE BRAND AND THE MILLION DOLLAR SALARIES ALIVE. THEY COULDN&#039;T CARE LESS ABOUT THE TINY COGS, US SINGAPOREANS. If we don&#039;t have enough eggs, what will they do? Replace us with FT&#039;s lor. Singapore is just one big chicken farm to them.</description>
		<content:encoded><![CDATA[<p>My parents couldn&#8217;t get white collar jobs for the past 10 years after they turned 50, despite their ample qualifications as architects. As most Singaporeans must know, the govt ONLY CARES ABOUT KEEPING THE SINGAPORE BRAND AND THE MILLION DOLLAR SALARIES ALIVE. THEY COULDN&#8217;T CARE LESS ABOUT THE TINY COGS, US SINGAPOREANS. If we don&#8217;t have enough eggs, what will they do? Replace us with FT&#8217;s lor. Singapore is just one big chicken farm to them.</p>
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		<title>By: singaporeeyes</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-23588</link>
		<dc:creator>singaporeeyes</dc:creator>
		<pubDate>Wed, 26 Aug 2009 21:31:55 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-23588</guid>
		<description>SAD to know this as a Singapore. But the awful truth is SINGAPORE IS NOT FOR SINGAPOREANS ANYMORE.</description>
		<content:encoded><![CDATA[<p>SAD to know this as a Singapore. But the awful truth is SINGAPORE IS NOT FOR SINGAPOREANS ANYMORE.</p>
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		<title>By: And the 30 Yrs ONLY "Studio Apartments" ...???</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-23451</link>
		<dc:creator>And the 30 Yrs ONLY "Studio Apartments" ...???</dc:creator>
		<pubDate>Tue, 25 Aug 2009 20:16:54 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-23451</guid>
		<description>How much do they cost in YISHUN NOW??? $120K or 120K+???!!!

Didn&#039;t they cost some 80K to 90K in like AMK and more expensive areas??? NO OSME ADDITIONAL-HEAVY FOR WHOM they have BEEN talking so BIG about CARING FOR??? As WHO WILL NEED these flats IF NOT THOSE WHO ARE Financially Strapped FOR THE LONG HAUL UNDER their pap&#039;a&#039; system??? TROUBLE IS that far too hgihly paid people DO  LIVE IN IVORY TOWERS THAT ARE SO DARN HIGH - THEY CAN&#039;T SEE THE REAL GROUND BELOW RIGHT!!! BECAW the ground is too darn FAR AWAY. But there ARE TELESCOPES and BINOCULARS Helping Visual AIds RIGHT!!! Or IS IT ... ??? marks ALL oF the way for demn???

Ever heard ON TV, even ministers In PARLIAMENT said, &quot;Der Tree of &#039;Da(M)n&#039; ...&quot;??? ... Which actually was meant to be &quot;THE THREE of THEM&quot;??? Now WE OSO know how good speaking inglish they are too!!! Been readint and hearing the news in the last few days!!!</description>
		<content:encoded><![CDATA[<p>How much do they cost in YISHUN NOW??? $120K or 120K+???!!!</p>
<p>Didn&#8217;t they cost some 80K to 90K in like AMK and more expensive areas??? NO OSME ADDITIONAL-HEAVY FOR WHOM they have BEEN talking so BIG about CARING FOR??? As WHO WILL NEED these flats IF NOT THOSE WHO ARE Financially Strapped FOR THE LONG HAUL UNDER their pap&#8217;a&#8217; system??? TROUBLE IS that far too hgihly paid people DO  LIVE IN IVORY TOWERS THAT ARE SO DARN HIGH &#8211; THEY CAN&#8217;T SEE THE REAL GROUND BELOW RIGHT!!! BECAW the ground is too darn FAR AWAY. But there ARE TELESCOPES and BINOCULARS Helping Visual AIds RIGHT!!! Or IS IT &#8230; ??? marks ALL oF the way for demn???</p>
<p>Ever heard ON TV, even ministers In PARLIAMENT said, &#8220;Der Tree of &#8216;Da(M)n&#8217; &#8230;&#8221;??? &#8230; Which actually was meant to be &#8220;THE THREE of THEM&#8221;??? Now WE OSO know how good speaking inglish they are too!!! Been readint and hearing the news in the last few days!!!</p>
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		<title>By: newbie</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-23285</link>
		<dc:creator>newbie</dc:creator>
		<pubDate>Mon, 24 Aug 2009 13:30:59 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-23285</guid>
		<description>MAINBOARD-LISTED BBR Holdings (S) Ltd
(BBR) today announced that it has secured a S$104.2 million contract -- its first from the Housing &amp; Development Board (HDB) to build seven blocks of flats, comprising 864 homes, in Yishun Neighbourhood 4.

The scope of works also includes the building of a Child Care Centre, a roof garden, electrical substation works, sewerage works, a driveway, communal amenities and site works as well as contingency works.

$120k to build each HDB home


HDB is launching Dew Spring@Yishun, a new housing project in Yishun under the Build-To-Order (BTO) System today. A total of 864 Standard flats will be offered, comprising 144 2-room, 216 3-room and 504 4-room flats. This project has the largest number of smaller flat types offered in one BTO this year, with 360 units of 2-room and 3-room flats.

2 Room - 144 units ($76,000 - $90,000)
3 Room - 216 units ($120,000 - $146,000)
4 Room - 504 units ($197,000 - $238,000)

$157 - 190k for each home</description>
		<content:encoded><![CDATA[<p>MAINBOARD-LISTED BBR Holdings (S) Ltd<br />
(BBR) today announced that it has secured a S$104.2 million contract &#8212; its first from the Housing &amp; Development Board (HDB) to build seven blocks of flats, comprising 864 homes, in Yishun Neighbourhood 4.</p>
<p>The scope of works also includes the building of a Child Care Centre, a roof garden, electrical substation works, sewerage works, a driveway, communal amenities and site works as well as contingency works.</p>
<p>$120k to build each HDB home</p>
<p>HDB is launching Dew Spring@Yishun, a new housing project in Yishun under the Build-To-Order (BTO) System today. A total of 864 Standard flats will be offered, comprising 144 2-room, 216 3-room and 504 4-room flats. This project has the largest number of smaller flat types offered in one BTO this year, with 360 units of 2-room and 3-room flats.</p>
<p>2 Room &#8211; 144 units ($76,000 &#8211; $90,000)<br />
3 Room &#8211; 216 units ($120,000 &#8211; $146,000)<br />
4 Room &#8211; 504 units ($197,000 &#8211; $238,000)</p>
<p>$157 &#8211; 190k for each home</p>
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		<title>By: fair dinkum</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-22917</link>
		<dc:creator>fair dinkum</dc:creator>
		<pubDate>Fri, 21 Aug 2009 16:47:52 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-22917</guid>
		<description>2 sides to the coin.
Keep everything cheap and remain distinctly 3rd world,
so that everywhere else in the world seems more expensive ,unaffordable and beyond reach.
Or else, inflate all prices of assets closer to 1st world costs
so that we have similar consumer power and ability.
Buy high sell high.
It is ill conceived only if deflation happens to Singapore and not to other countries and we buy our flats at high prices only to suffer deflationary loss on sale.</description>
		<content:encoded><![CDATA[<p>2 sides to the coin.<br />
Keep everything cheap and remain distinctly 3rd world,<br />
so that everywhere else in the world seems more expensive ,unaffordable and beyond reach.<br />
Or else, inflate all prices of assets closer to 1st world costs<br />
so that we have similar consumer power and ability.<br />
Buy high sell high.<br />
It is ill conceived only if deflation happens to Singapore and not to other countries and we buy our flats at high prices only to suffer deflationary loss on sale.</p>
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		<title>By: mon</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-22795</link>
		<dc:creator>mon</dc:creator>
		<pubDate>Fri, 21 Aug 2009 02:58:44 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-22795</guid>
		<description>this is another example of PAP passing their failed policies to us.

Who does want to Fu*K without protection and have children?

Look at the Taiwanese and the HKers and the Mainland people... we are all the same.

Then they make us work to build the nation.

Against our nature.

Then they claimed that we don&#039;t have enough children and force us to take in foreigners but these foreigners make our life difficult.

Then we don&#039;t dare to have children unlike the Taiwanese/PRCs themselves.

Then they let in more people to cover the gap.

Do you think they don&#039;t know the cycle.

They just don&#039;t care about us.

Day in day out, we will end up voting for them.

That is something I never understood. It is like we like SM.</description>
		<content:encoded><![CDATA[<p>this is another example of PAP passing their failed policies to us.</p>
<p>Who does want to Fu*K without protection and have children?</p>
<p>Look at the Taiwanese and the HKers and the Mainland people&#8230; we are all the same.</p>
<p>Then they make us work to build the nation.</p>
<p>Against our nature.</p>
<p>Then they claimed that we don&#8217;t have enough children and force us to take in foreigners but these foreigners make our life difficult.</p>
<p>Then we don&#8217;t dare to have children unlike the Taiwanese/PRCs themselves.</p>
<p>Then they let in more people to cover the gap.</p>
<p>Do you think they don&#8217;t know the cycle.</p>
<p>They just don&#8217;t care about us.</p>
<p>Day in day out, we will end up voting for them.</p>
<p>That is something I never understood. It is like we like SM.</p>
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		<title>By: mon</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-22794</link>
		<dc:creator>mon</dc:creator>
		<pubDate>Fri, 21 Aug 2009 02:52:57 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-22794</guid>
		<description>And the best part is:

MBT in his moment of brillance, create a scheme where HDB sold land for private developpers to build expensive HDB flats. 

Question : why didn&#039;t S&#039;pore Land Auth did that?

Next: HDB ended up getting the monies first. Didn&#039;t even need to spend money marketing the project. The risk is the developper. At the same time, he gets to push up land prices by asking private developerS to bid. As we know, when you bid, prices usually get higher. 

If the property crashed? It is the developpers fault.

sometimes, I wonder why the govt is soaking up all this monies.

They are not producing great investment results.

There must a huge hole some where.</description>
		<content:encoded><![CDATA[<p>And the best part is:</p>
<p>MBT in his moment of brillance, create a scheme where HDB sold land for private developpers to build expensive HDB flats. </p>
<p>Question : why didn&#8217;t S&#8217;pore Land Auth did that?</p>
<p>Next: HDB ended up getting the monies first. Didn&#8217;t even need to spend money marketing the project. The risk is the developper. At the same time, he gets to push up land prices by asking private developerS to bid. As we know, when you bid, prices usually get higher. </p>
<p>If the property crashed? It is the developpers fault.</p>
<p>sometimes, I wonder why the govt is soaking up all this monies.</p>
<p>They are not producing great investment results.</p>
<p>There must a huge hole some where.</p>
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		<title>By: PAP ABC ... pap xyz ... zeeeeeee ... PP ONE TWO THREE ... pap 1  2  3 .... zeeeeeeeee ............................... ???!!! slumber ....................................... SLUMBER ................................ DEEP SLUMBER!!!</title>
		<link>http://www.temasekreview.com/2009/08/20/high-cost-of-hdb-flats-a-key-reason-for-failure-of-baby-bonus-to-boost-birth-rate/comment-page-1/#comment-22785</link>
		<dc:creator>PAP ABC ... pap xyz ... zeeeeeee ... PP ONE TWO THREE ... pap 1  2  3 .... zeeeeeeeee ............................... ???!!! slumber ....................................... SLUMBER ................................ DEEP SLUMBER!!!</dc:creator>
		<pubDate>Fri, 21 Aug 2009 02:14:08 +0000</pubDate>
		<guid isPermaLink="false">http://temasekreview.com/?p=11999#comment-22785</guid>
		<description>................ &quot;And Back TO The Future 1  2  3 Michael J Fox lky&quot; for It&#039;s ALL About MONEY MONEY AND MORE MONEY. For Without MONEY, &quot;What can you and I DO&quot;??? And so it is &quot;Back to the Future 8  9 10 Michael J Fox pap&quot; and so on ....................
SinKaPOOReans HAw!!! Let&#039;s ReCap once again their &#039;successes&quot; ... with some humour &quot;injected&quot; just like they do ............

1.  HDB Flats rose MORE THAN TEN (10!!!) Times in the last 30 yrs HAW!!!

2.  But &quot;YOUR Wages HAVE GONE UP TO&quot; said old man Leeh. Only NOT said is &quot;Your Wages have NOT GONE UP in tandem with HDB housing leeh! Because I&#039;ve GOT TO REPLACE YOU with FT talents &quot;abc ... xyz to keep you employed or you will c (Hokkien for die) you SEE&quot;!!!??? ???

3.  And it all started in AMK 4-Rm Simple Flat &quot;As SIMPLE as ABC to XYZ ... and ... abc to xyz till FINANCIALLY go to zeeee&quot;!!! SO HOW TO make BABIES For YOU But NOT JUST For MEeeeeee ...&quot;? Built by PAP for $59,000 and sold TO YOU for just $30,500 and you see IT IS EXPENSIVE??? When It IS ACTUALLY just a BREEZE For YOU HAVE CPF to pay for YOUR BIG HDB Flats From PAP GAHMEN AT &quot;Subsidised NOW, in future To HIGHLY-Susidised To NOW At &quot;HEAVILY-SUBSIDISED&quot; you see. Even when WE HAVE lost like $60-100B Of YOUR CPFunS, WE THE Great FamiLEE STILL &quot;Heavily-Subsdised&quot; your hdb housing DON&quot;T YOU SEE???!!!???!!!???!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

4.  We DO Know What our former DPM Ong Teng Cheong did as President you see. But WE REMEMBER BETTER What HE DID as DPM and about our HDB Public-Housing you SEE??? At HALF OUR-HDB building cost, WE SELL &quot;Housing-Don&#039;t-BUY&quot; for yOUr fAmiLy!!! WHY Then do you call them expensive when WE&#039;ve sold them to you WITH EXPANSIVE UPGRADES you see???!!! SO DoN&#039;T COMPLAIN just because YOUR PAY is like ONLY &lt;2 times increased TO OUR HDB&#039;s MORE THAN TEN (10) TIMES you see - even IF your surname is also Lee&quot; Ours Is LEE you seeeeee??? 

5.  YOU GOT JOB pAyinG more Or nOt??? You GOT THE NEXT 35 years AND MORE To pay for it!!! Just KEEP-COOL And WE WILL make REAL-COOL For you after you&#039;ve beeen REPLACE BY FT with PAP ProGress-PACkage, AGED-PACkAgE, EtC you see. Only PROBLEM IS That you ARE Just NOT part of OUR GREATER famiLEE-TrEE!!!

6.  Thank you for listening in. We will keep you in tune with our &quot;MINIMUM-sUm UPGRADES to HELP YOU kEEp and nest egg for YOUR EVER Increasing aGe! Only PROBLEM IS HOW TO INCREASE HDB &quot;Studio-Apartments&quot;(SA) Prices in tandem with inCrease for our 30 YEARS Lease????????????????????????????????????????????????
So, if you live BEYOND 85 and 90, We WILL give you A FEW MORE YEARS To LIVE In your studio apartment(sa) till you &quot;Cross A-Bridge provided by PAP to meet our fAmiLEE once again you see&quot;!!! By THEN you WILL BECOME A PART Of OUR FAMILEE!!! NOT TO WORRY, AS WE CAN See and Look Way-Beyond THE GRAVE you see!!!</description>
		<content:encoded><![CDATA[<p>&#8230;&#8230;&#8230;&#8230;&#8230;. &#8220;And Back TO The Future 1  2  3 Michael J Fox lky&#8221; for It&#8217;s ALL About MONEY MONEY AND MORE MONEY. For Without MONEY, &#8220;What can you and I DO&#8221;??? And so it is &#8220;Back to the Future 8  9 10 Michael J Fox pap&#8221; and so on &#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..<br />
SinKaPOOReans HAw!!! Let&#8217;s ReCap once again their &#8217;successes&#8221; &#8230; with some humour &#8220;injected&#8221; just like they do &#8230;&#8230;&#8230;&#8230;</p>
<p>1.  HDB Flats rose MORE THAN TEN (10!!!) Times in the last 30 yrs HAW!!!</p>
<p>2.  But &#8220;YOUR Wages HAVE GONE UP TO&#8221; said old man Leeh. Only NOT said is &#8220;Your Wages have NOT GONE UP in tandem with HDB housing leeh! Because I&#8217;ve GOT TO REPLACE YOU with FT talents &#8220;abc &#8230; xyz to keep you employed or you will c (Hokkien for die) you SEE&#8221;!!!??? ???</p>
<p>3.  And it all started in AMK 4-Rm Simple Flat &#8220;As SIMPLE as ABC to XYZ &#8230; and &#8230; abc to xyz till FINANCIALLY go to zeeee&#8221;!!! SO HOW TO make BABIES For YOU But NOT JUST For MEeeeeee &#8230;&#8221;? Built by PAP for $59,000 and sold TO YOU for just $30,500 and you see IT IS EXPENSIVE??? When It IS ACTUALLY just a BREEZE For YOU HAVE CPF to pay for YOUR BIG HDB Flats From PAP GAHMEN AT &#8220;Subsidised NOW, in future To HIGHLY-Susidised To NOW At &#8220;HEAVILY-SUBSIDISED&#8221; you see. Even when WE HAVE lost like $60-100B Of YOUR CPFunS, WE THE Great FamiLEE STILL &#8220;Heavily-Subsdised&#8221; your hdb housing DON&#8221;T YOU SEE???!!!???!!!???!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!</p>
<p>4.  We DO Know What our former DPM Ong Teng Cheong did as President you see. But WE REMEMBER BETTER What HE DID as DPM and about our HDB Public-Housing you SEE??? At HALF OUR-HDB building cost, WE SELL &#8220;Housing-Don&#8217;t-BUY&#8221; for yOUr fAmiLy!!! WHY Then do you call them expensive when WE&#8217;ve sold them to you WITH EXPANSIVE UPGRADES you see???!!! SO DoN&#8217;T COMPLAIN just because YOUR PAY is like ONLY &lt;2 times increased TO OUR HDB&#8217;s MORE THAN TEN (10) TIMES you see &#8211; even IF your surname is also Lee&#8221; Ours Is LEE you seeeeee??? </p>
<p>5.  YOU GOT JOB pAyinG more Or nOt??? You GOT THE NEXT 35 years AND MORE To pay for it!!! Just KEEP-COOL And WE WILL make REAL-COOL For you after you&#8217;ve beeen REPLACE BY FT with PAP ProGress-PACkage, AGED-PACkAgE, EtC you see. Only PROBLEM IS That you ARE Just NOT part of OUR GREATER famiLEE-TrEE!!!</p>
<p>6.  Thank you for listening in. We will keep you in tune with our &#8220;MINIMUM-sUm UPGRADES to HELP YOU kEEp and nest egg for YOUR EVER Increasing aGe! Only PROBLEM IS HOW TO INCREASE HDB &#8220;Studio-Apartments&#8221;(SA) Prices in tandem with inCrease for our 30 YEARS Lease????????????????????????????????????????????????<br />
So, if you live BEYOND 85 and 90, We WILL give you A FEW MORE YEARS To LIVE In your studio apartment(sa) till you &#8220;Cross A-Bridge provided by PAP to meet our fAmiLEE once again you see&#8221;!!! By THEN you WILL BECOME A PART Of OUR FAMILEE!!! NOT TO WORRY, AS WE CAN See and Look Way-Beyond THE GRAVE you see!!!</p>
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