Comments on: Mah: “Not meaningful” to compare to prices of flats in the past http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/ The Voice of Singapore from Singaporeans for Singaporeans Mon, 15 Mar 2010 14:26:37 +0800 http://wordpress.org/?v=2.8.5 hourly 1 By: COV http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-33602 COV Mon, 12 Oct 2009 10:02:30 +0000 http://www.temasekreview.com/?p=14725#comment-33602 i read in ST about an article on the purchasing power of Singaporeans. We are the 2nd most expensive country in Asia/Australia and our pay in somewhere in the 5th or 6th position in this region. In terms of purchasing power we rank behind our compatriots in Japan (Tokyo), Taiwan (Taipei), HK, Korea (Seoul), Australia (Sydney) and even Malaysia (KL). And when interviewed, your colleague said the statistics are not relevant, we should be asking ourselves if singaporeans are better today than we were yesterday. Sure we are better off than we were 20 yrs back but is it really meaningful to make such comparison? i read in ST about an article on the purchasing power of Singaporeans. We are the 2nd most expensive country in Asia/Australia and our pay in somewhere in the 5th or 6th position in this region. In terms of purchasing power we rank behind our compatriots in Japan (Tokyo), Taiwan (Taipei), HK, Korea (Seoul), Australia (Sydney) and even Malaysia (KL). And when interviewed, your colleague said the statistics are not relevant, we should be asking ourselves if singaporeans are better today than we were yesterday. Sure we are better off than we were 20 yrs back but is it really meaningful to make such comparison?

]]> By: Liang http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-33596 Liang Mon, 12 Oct 2009 09:35:02 +0000 http://www.temasekreview.com/?p=14725#comment-33596 The only way is to Vote MBT OUT.. The only way is to Vote MBT OUT..

]]> By: AwakenSg http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-32580 AwakenSg Thu, 08 Oct 2009 08:55:03 +0000 http://www.temasekreview.com/?p=14725#comment-32580 This bullshit which MBT talked about is really senseless and proved that he failed maths. Somewhere in certain article shown a new graduate pay of $1600 and a 3 room HDB flat in Bt Merah cost at $30k in 1980 but it cost $300k now and a starting new graduate pay is only $3000 at best. Same house has increased 10 times and pay is only 2 times He gotto be trying to prove our education system failed or else proving all Singaporeans are stupid enough to believe such a crap on the pricing. This bullshit which MBT talked about is really senseless and proved that he failed maths.

Somewhere in certain article shown a new graduate pay of $1600 and a 3 room HDB flat in Bt Merah cost at $30k in 1980 but it cost $300k now and a starting new graduate pay is only $3000 at best.

Same house has increased 10 times and pay is only 2 times

He gotto be trying to prove our education system failed or else proving all Singaporeans are stupid enough to believe such a crap on the pricing.

]]> By: Citiizen http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-32554 Citiizen Thu, 08 Oct 2009 07:32:22 +0000 http://www.temasekreview.com/?p=14725#comment-32554 If we don't compare prices from the past, then compare from where?the future?We need a basis and the past transacted prioes is a guage. If we don’t compare prices from the past, then compare from where?the future?We need a basis and the past transacted prioes is a guage.

]]> By: Grim Reaver http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-31039 Grim Reaver Sat, 03 Oct 2009 17:08:44 +0000 http://www.temasekreview.com/?p=14725#comment-31039 When i think of another item that has its price jacked up at an insanely high rate.... is Cigarettes.... Speaking of change, I read in HWZ, 1 guy said that even if opp won by 52% during GE, it does not measn a change of ruling party. He mentioned that after taking into account GRC, walk overs etc.... opp need to win GE by like 75-80% to see a ruling party change. Is it true? Not sure how it works. When i think of another item that has its price jacked up at an insanely high rate….

is Cigarettes….

Speaking of change, I read in HWZ, 1 guy said that even if opp won by 52% during GE, it does not measn a change of ruling party. He mentioned that after taking into account GRC, walk overs etc…. opp need to win GE by like 75-80% to see a ruling party change. Is it true? Not sure how it works.

]]> By: Tan http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-30965 Tan Sat, 03 Oct 2009 09:16:33 +0000 http://www.temasekreview.com/?p=14725#comment-30965 The problem is... you can complain all you want but come election time, they'll still sweep into power with a % that allows them to claim that majority Singaporeans voted for them thereby their policies because the whole election is a farce to begin with and those who are talented enough to stand up to them (yet not brainwashed) have given up because all credible opposition candidates are crushed. PAP have cornered themselves in a way. Without people daring to to offer a different view. Top management will only hear what fawning underlings feed them. US subprime happened this way. Greed, $$$ and anyone with dissenting views are forced out. Give it another 5-10 years, SG will tank like subprime mortgages. Putting things in perspective and from a holistic point of view, it isn't so much about going against PAP or the government or any one single minister. It's been proven that when majority of people making decisions come from similar backgrounds and offer similar views (without any chance of offering different opinions without repercussion) that they'll more often than not, fail to see some potential disaster staring at them in their faces. The problem is… you can complain all you want but come election time, they’ll still sweep into power with a % that allows them to claim that majority Singaporeans voted for them thereby their policies because the whole election is a farce to begin with and those who are talented enough to stand up to them (yet not brainwashed) have given up because all credible opposition candidates are crushed.

PAP have cornered themselves in a way. Without people daring to to offer a different view. Top management will only hear what fawning underlings feed them. US subprime happened this way. Greed, $$$ and anyone with dissenting views are forced out. Give it another 5-10 years, SG will tank like subprime mortgages.

Putting things in perspective and from a holistic point of view, it isn’t so much about going against PAP or the government or any one single minister. It’s been proven that when majority of people making decisions come from similar backgrounds and offer similar views (without any chance of offering different opinions without repercussion) that they’ll more often than not, fail to see some potential disaster staring at them in their faces.

]]> By: kknd http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-30835 kknd Fri, 02 Oct 2009 17:23:45 +0000 http://www.temasekreview.com/?p=14725#comment-30835 In Singapore, you do not own any property you 'bought'. The correct word is 'lease'. It doesn't matter whether if it is HDB, condo, landed, 99-years, freehold etc. If you don't own the LAND, you don't own anything built on it. Don't forget the Land Acquisition Act. If you want to invest in property, there are better deals outside Singapore. In Singapore, you do not own any property you ‘bought’.

The correct word is ‘lease’.

It doesn’t matter whether if it is HDB, condo, landed, 99-years, freehold etc.

If you don’t own the LAND, you don’t own anything built on it. Don’t forget the Land Acquisition Act.

If you want to invest in property, there are better deals outside Singapore.

]]> By: Frustrated http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-30799 Frustrated Fri, 02 Oct 2009 12:58:35 +0000 http://www.temasekreview.com/?p=14725#comment-30799 Yes, I agree with frontman on that, let's get our friends, relatives and everyone we know to vote MBT out! Yes, I agree with frontman on that, let’s get our friends, relatives and everyone we know to vote MBT out!

]]> By: frontman http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-30777 frontman Fri, 02 Oct 2009 09:45:46 +0000 http://www.temasekreview.com/?p=14725#comment-30777 Well Mr Mah, I'll just get my freinds, relatives and colleagues to vote you out. We do not need representatives who does not listen. Well Mr Mah, I’ll just get my freinds, relatives and colleagues to vote you out.

We do not need representatives who does not listen.

]]> By: cat http://www.temasekreview.com/2009/10/02/mah-not-meaningful-to-compare-to-prices-of-flats-in-the-past/comment-page-2/#comment-30772 cat Fri, 02 Oct 2009 09:13:20 +0000 http://www.temasekreview.com/?p=14725#comment-30772 //reader yeah not a good deal for the seller but a great deal for the buyer. //reader

yeah not a good deal for the seller but a great deal for the buyer.

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