Tharman : 1K income can buy HDB??

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Tharman : 1K income can buy HDB??

Postby raysusan » Fri Mar 02, 2012 9:47 pm

i wonder how the maths goes?
base on the smallest or cheapest unit...my calculation is loss
can some one enlighten on that?

raysusan
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Re: Tharman : 1K income can buy HDB??

Postby tankee » Fri Mar 02, 2012 10:43 pm

SINGAPORE: National Development Minister Khaw Boon Wan has clarified comments made by Deputy Prime Minister Tharman Shanmugaratnam, that a household with a S$1,000 income can afford an HDB flat.

Mr Khaw said the comment had caused a stir, as it sounded so incredible.

But he said Mr Tharman was referring to a two-room Built-To-Order (BTO) flat.

That's because such a flat would cost a first-time applicant - who earns S$1,000 - about S$40,000, after subsidies.

The mortgage payment, said Mr Khaw, can be fully paid through the applicant's CPF, without incurring any additional out of pocket money.

Mr Khaw added that most applicants of two-room flats earn above S$1,000.

And based on recent BTO launches, the median income for this group is about S$1,400.

- CNA/ck

http://www.channelnewsasia.com/stories/ ... 51/1/.html

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Re: Tharman : 1K income can buy HDB??

Postby vicki » Fri Mar 02, 2012 10:46 pm

$1k can buy a flat?!

Plsssss!! In this time n day - $1k can hardly get you by on day to day necessities!

So the person who buys the flat will just eat air n drink tap water everyday?!

Come on....

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Re: Tharman : 1K income can buy HDB??

Postby LOLMum » Fri Mar 02, 2012 10:52 pm

tap water also got to pay. so eat air enough.

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Re: Tharman : 1K income can buy HDB??

Postby Interested » Fri Mar 02, 2012 10:57 pm

So now all with income of 1k can go n ask him how to buy lor... :roll:

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Re: Tharman : 1K income can buy HDB??

Postby raysusan » Fri Mar 02, 2012 11:00 pm

last year some one said $8 can do a bypass surgery
this year $1k can buy HDB

:faint: .......

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Re: Tharman : 1K income can buy HDB??

Postby sleepy » Fri Mar 02, 2012 11:47 pm

raysusan wrote:last year some one said $8 can do a bypass surgery
this year $1k can buy HDB

:faint: .......



Aiyo, they just exposed how 'detached' they are from reality :laugh:

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Re: Tharman : 1K income can buy HDB??

Postby Oppsgal » Sat Mar 03, 2012 9:35 am

raysusan wrote:last year some one said $8 can do a bypass surgery
this year $1k can buy HDB

:faint: .......



:rotflmao: :laugh: :lol:

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Re: Tharman : 1K income can buy HDB??

Postby Daddy D » Sat Mar 03, 2012 9:57 am

$40k... Over 30 years loan... Monthly around $100?
:?

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Re: Tharman : 1K income can buy HDB??

Postby Interested » Sat Mar 03, 2012 11:20 am

raysusan wrote:last year some one said $8 can do a bypass surgery
this year $1k can buy HDB

:faint: .......


:laugh: Singapore standard of living sooo low.... y are ppl complaining huh....or....someone need "catching up" :?

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