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	<title>Comments on: Demand vs Supply: So many applicants, so few flats</title>
	<atom:link href="http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/</link>
	<description>The Voice of Singapore from Singaporeans for Singaporeans</description>
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		<title>By: contrarian</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-40034</link>
		<dc:creator>contrarian</dc:creator>
		<pubDate>Sun, 08 Nov 2009 10:39:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-40034</guid>
		<description>This is nothing more than economics at work. Real estate near downtown locations have more demand. There is limited new supply. So the price rises.

It is correct to price these at market valuations. Those who want to pay less can buy in the new towns. This happens everywhere - in Singapore and outside.</description>
		<content:encoded><![CDATA[<p>This is nothing more than economics at work. Real estate near downtown locations have more demand. There is limited new supply. So the price rises.</p>
<p>It is correct to price these at market valuations. Those who want to pay less can buy in the new towns. This happens everywhere &#8211; in Singapore and outside.</p>
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		<title>By: fpc</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39821</link>
		<dc:creator>fpc</dc:creator>
		<pubDate>Sat, 07 Nov 2009 10:54:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39821</guid>
		<description>//citizenofSG 

High prices of hdb not a problem?

Try continueing with the current policy and see how many people will end up on the streets.

Already a large percentage of the owners are not locals.

As if the govt can keep issuing goodies without paying the price.

Then why is it doing just that?</description>
		<content:encoded><![CDATA[<p>//citizenofSG </p>
<p>High prices of hdb not a problem?</p>
<p>Try continueing with the current policy and see how many people will end up on the streets.</p>
<p>Already a large percentage of the owners are not locals.</p>
<p>As if the govt can keep issuing goodies without paying the price.</p>
<p>Then why is it doing just that?</p>
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		<title>By: citizenofSG</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39685</link>
		<dc:creator>citizenofSG</dc:creator>
		<pubDate>Fri, 06 Nov 2009 22:45:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39685</guid>
		<description>The high price of HDB flats does not destabilize the government.
HDB flats prices may be a bane for the next generation of people but it will not affect those who already own flat. 
The government will easily turn the situation to their advantage when election comes by offering pork barrel politics to entice the younger voters. 
There is nothing for the opposition to exploit in asking for lower HDB prices.</description>
		<content:encoded><![CDATA[<p>The high price of HDB flats does not destabilize the government.<br />
HDB flats prices may be a bane for the next generation of people but it will not affect those who already own flat.<br />
The government will easily turn the situation to their advantage when election comes by offering pork barrel politics to entice the younger voters.<br />
There is nothing for the opposition to exploit in asking for lower HDB prices.</p>
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		<title>By: ET</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39657</link>
		<dc:creator>ET</dc:creator>
		<pubDate>Fri, 06 Nov 2009 17:58:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39657</guid>
		<description>Re:  Comment by Exposer on Sat, 7th Nov 2009 12:50 am 

I agree with what you have said about limited access to information by the opposition parties.  As the opposition party members in Parliament are not Ministers, they do not have access to non-public information that are held by the ministries and statutory boards.  With such a disadvantage, I do empathise with them, as it is an uphill task trying to build a case based on incomplete information.  That said, whether the opposition parties can perform if they are voted into Parliament and given access to information, still remains a question.  But I say, give them a shot.</description>
		<content:encoded><![CDATA[<p>Re:  Comment by Exposer on Sat, 7th Nov 2009 12:50 am </p>
<p>I agree with what you have said about limited access to information by the opposition parties.  As the opposition party members in Parliament are not Ministers, they do not have access to non-public information that are held by the ministries and statutory boards.  With such a disadvantage, I do empathise with them, as it is an uphill task trying to build a case based on incomplete information.  That said, whether the opposition parties can perform if they are voted into Parliament and given access to information, still remains a question.  But I say, give them a shot.</p>
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		<title>By: fpc</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39651</link>
		<dc:creator>fpc</dc:creator>
		<pubDate>Fri, 06 Nov 2009 17:41:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39651</guid>
		<description>//tiredman 

There is another reason why they are releasing these land only to the private developer.

to support the hdb prices of those people who bought say bishan flats at 700K.

Whatever they are doing now is to solve 2 things:

1. the mess they have created with the failed investments in TH and GIC.

2. the mess they created with the propery bubble in the mid 90s.</description>
		<content:encoded><![CDATA[<p>//tiredman </p>
<p>There is another reason why they are releasing these land only to the private developer.</p>
<p>to support the hdb prices of those people who bought say bishan flats at 700K.</p>
<p>Whatever they are doing now is to solve 2 things:</p>
<p>1. the mess they have created with the failed investments in TH and GIC.</p>
<p>2. the mess they created with the propery bubble in the mid 90s.</p>
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		<title>By: fpc</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39650</link>
		<dc:creator>fpc</dc:creator>
		<pubDate>Fri, 06 Nov 2009 17:38:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39650</guid>
		<description>//tiredman 

That is why the so called subsidy is not a subsidy.

Living far away from the city center is a cost by itself and needs to be compensated anyway.

They managed to cheat the older generation earlier and they think they can get away with the current generation.

PAP people are wrong.</description>
		<content:encoded><![CDATA[<p>//tiredman </p>
<p>That is why the so called subsidy is not a subsidy.</p>
<p>Living far away from the city center is a cost by itself and needs to be compensated anyway.</p>
<p>They managed to cheat the older generation earlier and they think they can get away with the current generation.</p>
<p>PAP people are wrong.</p>
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		<title>By: fpc</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39649</link>
		<dc:creator>fpc</dc:creator>
		<pubDate>Fri, 06 Nov 2009 17:34:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39649</guid>
		<description>When the sun rises from the East, it usually gets warmer.

This is a general fact.

When more opposition gets into parliament, PAP ministers will work a lot harder to keep their million dollar salaries.

Just look at Lim Boon Heng. When he knows he is going to kicked out, he had to go all the way out to suck LHL&#039;s ass during the last election.

those who think that there will be too many opposition to kick PAP out for the next election is dreaming.

This is not going to happen.

But we cannot be in the same situation as last election.

We need more a lot more opposition in parliament to get PAP to work for us, the ordinary folks.

Else , you got to pack your bags and leave soon this country.</description>
		<content:encoded><![CDATA[<p>When the sun rises from the East, it usually gets warmer.</p>
<p>This is a general fact.</p>
<p>When more opposition gets into parliament, PAP ministers will work a lot harder to keep their million dollar salaries.</p>
<p>Just look at Lim Boon Heng. When he knows he is going to kicked out, he had to go all the way out to suck LHL&#8217;s ass during the last election.</p>
<p>those who think that there will be too many opposition to kick PAP out for the next election is dreaming.</p>
<p>This is not going to happen.</p>
<p>But we cannot be in the same situation as last election.</p>
<p>We need more a lot more opposition in parliament to get PAP to work for us, the ordinary folks.</p>
<p>Else , you got to pack your bags and leave soon this country.</p>
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		<title>By: Exposer</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39643</link>
		<dc:creator>Exposer</dc:creator>
		<pubDate>Fri, 06 Nov 2009 16:56:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39643</guid>
		<description>&quot;Just reported in the news… the govenment releases new location for priviate estates… I am wondering why are the location in the mature areas?&quot;

Simple because the government can sell those land  at premium price to private developers, and sell gov flat at higher premium. Much higher price because the infrastructure there like MRT, bus-route, mall, town are already in place for convenience.

&quot;Why poor locals or people that get subsidies have to live so far away from the city yet rich foreigners can live in the matured estate?&quot;

Because the place not popular, the gov want the people to make the place popular and then increase those land  and flat in price once infrastructure is been built and demand is built up, and then cycle will continue again.


As for those</description>
		<content:encoded><![CDATA[<p>&#8220;Just reported in the news… the govenment releases new location for priviate estates… I am wondering why are the location in the mature areas?&#8221;</p>
<p>Simple because the government can sell those land  at premium price to private developers, and sell gov flat at higher premium. Much higher price because the infrastructure there like MRT, bus-route, mall, town are already in place for convenience.</p>
<p>&#8220;Why poor locals or people that get subsidies have to live so far away from the city yet rich foreigners can live in the matured estate?&#8221;</p>
<p>Because the place not popular, the gov want the people to make the place popular and then increase those land  and flat in price once infrastructure is been built and demand is built up, and then cycle will continue again.</p>
<p>As for those</p>
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		<title>By: Exposer</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39641</link>
		<dc:creator>Exposer</dc:creator>
		<pubDate>Fri, 06 Nov 2009 16:50:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39641</guid>
		<description>&quot;Will our opposition members prioritize and focus on pushing through fundamental reforms in CPF and HDB once they get into parliament? So far, they seem more interested in making noise about jobs and wet markets, as these are the topics that sway votes.&quot;

It is simple to see that why the opp party is focusing on area they are more likely to get first-hand information and support. The opp party can at least get to the ground and understand the matter with real stakeholder like job-seekers, low-wage workers and stall in wet markets. They actually go hand-on on the ground. However they are unable to obtain detail information on CPF and HDB since they lack useful information, transparency and accountability with officer not even willing to give detail, and only reguritate the standard model answer. So will you even as opp party talk about CPF and HDB when they don&#039;t have enough information ? The opp party will only be mocked in parliament as we have seen in parliament when MP Low is mocked by those arrogant pappies and MIW as ignorant of industry. Beside, they might even get sue by gov over inaccurate info of CPF and HDB. So isn&#039;t it wise that opp party only take matter that they can control and look into ?

If you vote for opp party, at least there is reform and we can vote them out if they did not perform. How about PAP ? Even now, they already have absolute power and see how much nonsense and suffering they give to lesser mortals to stay in power and greed ? Can you even vote out PAP ? If not next election, when ?</description>
		<content:encoded><![CDATA[<p>&#8220;Will our opposition members prioritize and focus on pushing through fundamental reforms in CPF and HDB once they get into parliament? So far, they seem more interested in making noise about jobs and wet markets, as these are the topics that sway votes.&#8221;</p>
<p>It is simple to see that why the opp party is focusing on area they are more likely to get first-hand information and support. The opp party can at least get to the ground and understand the matter with real stakeholder like job-seekers, low-wage workers and stall in wet markets. They actually go hand-on on the ground. However they are unable to obtain detail information on CPF and HDB since they lack useful information, transparency and accountability with officer not even willing to give detail, and only reguritate the standard model answer. So will you even as opp party talk about CPF and HDB when they don&#8217;t have enough information ? The opp party will only be mocked in parliament as we have seen in parliament when MP Low is mocked by those arrogant pappies and MIW as ignorant of industry. Beside, they might even get sue by gov over inaccurate info of CPF and HDB. So isn&#8217;t it wise that opp party only take matter that they can control and look into ?</p>
<p>If you vote for opp party, at least there is reform and we can vote them out if they did not perform. How about PAP ? Even now, they already have absolute power and see how much nonsense and suffering they give to lesser mortals to stay in power and greed ? Can you even vote out PAP ? If not next election, when ?</p>
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		<title>By: reader</title>
		<link>http://www.temasekreview.com/2009/11/06/demand-vs-supply-so-many-applicants-so-few-flats/comment-page-1/#comment-39638</link>
		<dc:creator>reader</dc:creator>
		<pubDate>Fri, 06 Nov 2009 16:37:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.temasekreview.com/?p=16937#comment-39638</guid>
		<description>To tiredman:

Very simple, because they can sell land at higher prices to private developers compared to HDB.</description>
		<content:encoded><![CDATA[<p>To tiredman:</p>
<p>Very simple, because they can sell land at higher prices to private developers compared to HDB.</p>
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