1. By their BIGGEST PURCHASE EVER in their LifetimeS … THEIR HOMES!!!

2. WITH The Pap-Pop-Pap garGhmen msking HUGE SUMS OF MONEY … While AT THE SAME TIME “FOREVER” CLAIMING GIVING “SINGAPOREANS” HDB FLATS WITH UNDeFined “HEAVY” SUBSIDIES …

3. TO THE “TUNE” OF 86% BEING sus-sub-suay-SUBSIDISED … by the remaining 14% …

4. And by garGhmen’s “Holistic” International INVESTMENTS PORTFOLIOs of h-c GENERIC TERMS And FUNCTIONS in TH …

5. ALL For “LONG-TERM” gains WITH SUDDEN AND ABRUPT Multi-decade-BILLION LOSSES …

6. AND for which “Cheeky-Elitist-Outstanding” ceo h-c ALSO Made FUN Of ‘Fellow’ Singaporeans’ NEGATIVE And FRANK Opinions of HER-LACK-LUSTRE-DISMAL CHIEFY Performance in TH …

7. AS LAUGHABLE!!! …

8. THUS … “WE The Citizens of Singapore … HAVE NO EQUAL RIGHTS NOR even “Say” when pap AND it’s h0ly-c0ws YAK-KATTY-YAK-YAK THEIR TALK-TALK-a-walky-WACKY-talks OF BOAST …

9. EVEN BY … THE RECORD HOLDER … one WHO MADE BIG HISTORY … OF ALL TIME … in ONE FELL-SWOOP OF A CERTAIN FINANCIAL YEAR … IN US-DOLLARS SIxTy BILLIONS OF SINGAPOREANS’ MONIES …

10. Which ONLY THE KNOWN AMOUNT FROM INTERNET SOURCES OUTsIdE SINKgApooR!!!

11. ANY OTHER EXTRANEOUS and/or FURTHER HUGH BILLIONS IN US-DOLLAR … IS YET UNKNOWN … TO DATE … UNANNOUNCED AS EVEN THE 60 BILLION LOSSES IN ONE YEAR … HAS NOT BEEN ACKNOWLEDGE BY THE ‘MAJESTY’ WHO LOST IT .. AND AWAY!!!

12. Trust NON-HUMBLE and FIESTY EXUBERANCE WITH NO RESPECT FOR those one named ONCE and For All “lesser-mortals” … ALL & sundry in one package call pap-GOES-the-Wi(e)sel”!!!

A ‘DIRTY’ dozen for one day is quite enuff for a day … or many may have a sleepless night … in AWAKENING .. TO the rot that has been making a host pf US THE GREATER SINGAPOREANS … At the least in NUMBERS!!! SO here came the foreigners to help fill up the hdb profit in ours no more … public housing!!!

there are rules when it comes to owning more then 1 HDB flat…

the ruling is HDB flat owners can ONLY own 1 flat at a time in singapore.

The solution. Live in JB. Play the game the Malaysians FT play. Buy a freehold landed property there for as little as $100K. Its yours forever, to hand down to your family. Whether it goes up or down in value is irrelevant, and it will provide a much more spacious, and comfortable home for the family for a much longer time than the pigeon hole HDB flat.

Due to the lower costs of acquisition, u do not need to draw on your CPF, in fact it would not be possible since its not a HDB flat. The mortgage payments on the JB property would be much smaller, the costs of living in JB (maids, food, clothing, etc.)much lower, etc. than singapore.

U continue to work your singapore job, earn sing dollars, and spent it in Malaysia where the sing dollar purchasing power is much bigger. U can work from your JB home a few days of the week. The other days, u commute to Singapore. If enough singaporeans do this, I guarantee u the PAP will sit up and take notice when they see their unsold flats.

It will be a different case if the asset is free from control and price increase of the asset outperform on the same class of asset.

It’s no different from property bubble (asset bubble). Unless each and everyone of you can own more than 2 HDB flats and subsequently rent it out or sell it after 10 years. Then that is absolutely profit made.

The only ones who can benefit are the PRs who can unlock the increasing value of their flats by selling them and leaving Singapore for good. Singaporeans are stuck.

So we are not the only ones cheated,poor PR/new citizens/foreigners are also cheated too.

As this goes on, you’ll eventually retire with almost no savings left since you’ve spent most of your income paying off the housing mortgage. Sure, you can sell your home since it’s worth so much, but it’s a moot point since you’ll again have nowhere to stay.