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	<title>Comments on: Perceived Affordability of HDB Flats</title>
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	<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/</link>
	<description>All about Income, Jobs, Career, and Investment in Singapore</description>
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		<title>By: Strange</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9031</link>
		<dc:creator>Strange</dc:creator>
		<pubDate>Thu, 29 Apr 2010 08:55:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9031</guid>
		<description>I think the core of the problem is not so much the influx of foreigners, but the influx of foreign money! It is so easy for foreigners to launder their money by investing it in Singaporean property, especially HDB because it is officially government protected and easy to rent out because of its affordability. There are hardly any checks on where the money came from or if the people really life in their HDB flats.</description>
		<content:encoded><![CDATA[<p>I think the core of the problem is not so much the influx of foreigners, but the influx of foreign money! It is so easy for foreigners to launder their money by investing it in Singaporean property, especially HDB because it is officially government protected and easy to rent out because of its affordability. There are hardly any checks on where the money came from or if the people really life in their HDB flats.</p>
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		<title>By: still</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9018</link>
		<dc:creator>still</dc:creator>
		<pubDate>Wed, 28 Apr 2010 05:13:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9018</guid>
		<description>not 100% accuracy. Salaries have been stagnant specifically only in some sectors, i.e. engineering and manufacturing. There are sectors which are steadying improving in terms of wages, i.e. finance.

Housing across the board, on the other hand, has shot up astronomically in the past few years and nobody can deny that one of the root causes is due to the influx of these PRs,foriegners and new Singaporeans in recent years.</description>
		<content:encoded><![CDATA[<p>not 100% accuracy. Salaries have been stagnant specifically only in some sectors, i.e. engineering and manufacturing. There are sectors which are steadying improving in terms of wages, i.e. finance.</p>
<p>Housing across the board, on the other hand, has shot up astronomically in the past few years and nobody can deny that one of the root causes is due to the influx of these PRs,foriegners and new Singaporeans in recent years.</p>
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		<title>By: trump</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9017</link>
		<dc:creator>trump</dc:creator>
		<pubDate>Tue, 27 Apr 2010 23:48:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9017</guid>
		<description>even tho u blame foreigners for everything, jkk mentioned that salaries have been stagnant for 25 years. long before globalization or influx of foreigners. if it makes u feel better to blame others for HDB fiasco, well n good. but i think foreigners are just one tiny bit of a problem. the real problem is the lack of ambition or whatever.</description>
		<content:encoded><![CDATA[<p>even tho u blame foreigners for everything, jkk mentioned that salaries have been stagnant for 25 years. long before globalization or influx of foreigners. if it makes u feel better to blame others for HDB fiasco, well n good. but i think foreigners are just one tiny bit of a problem. the real problem is the lack of ambition or whatever.</p>
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		<title>By: bkk</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9015</link>
		<dc:creator>bkk</dc:creator>
		<pubDate>Tue, 27 Apr 2010 15:18:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9015</guid>
		<description>with more foreigners, we face more stress, lagi no time to have children. then they&#039;ll import more and more, ultimately replacing all of us. and singapore will earn the honour of being the world&#039;s most cosmopolitan international city without any citizen. :)</description>
		<content:encoded><![CDATA[<p>with more foreigners, we face more stress, lagi no time to have children. then they&#8217;ll import more and more, ultimately replacing all of us. and singapore will earn the honour of being the world&#8217;s most cosmopolitan international city without any citizen. <img src='http://www.salary.sg/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: jkk</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9014</link>
		<dc:creator>jkk</dc:creator>
		<pubDate>Tue, 27 Apr 2010 14:42:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-9014</guid>
		<description>Govt will not do things less beneficial for themselves...but cannot blame them...if we call the shots....guess will do the same too.

HDB expensive....take it or leave it
Low fertility....singaporeans dun give birth ,we take in more foreigners..simple as that</description>
		<content:encoded><![CDATA[<p>Govt will not do things less beneficial for themselves&#8230;but cannot blame them&#8230;if we call the shots&#8230;.guess will do the same too.</p>
<p>HDB expensive&#8230;.take it or leave it<br />
Low fertility&#8230;.singaporeans dun give birth ,we take in more foreigners..simple as that</p>
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		<title>By: Doraemorn</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-7825</link>
		<dc:creator>Doraemorn</dc:creator>
		<pubDate>Thu, 28 Jan 2010 08:53:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-7825</guid>
		<description>No, its not too much to ask, have you tried buying a flat at Everton Park?  Its pretty cheap...and near outram too.  And I&#039;m sure you don&#039;t have to pay over 500k for a 4-roomer there.

You&#039;re just hoping someone will pity you and sell you something cheap.  Everyone wants to stay near their parents who live in central, but who&#039;s going to stay in Jurong or Woodlands?  Eventually your entire families will get to stay in central while others are forced out to the corners of Singapore?  I think you&#039;re just a selfish person venting your anger over something that everybody else wants as well.</description>
		<content:encoded><![CDATA[<p>No, its not too much to ask, have you tried buying a flat at Everton Park?  Its pretty cheap&#8230;and near outram too.  And I&#8217;m sure you don&#8217;t have to pay over 500k for a 4-roomer there.</p>
<p>You&#8217;re just hoping someone will pity you and sell you something cheap.  Everyone wants to stay near their parents who live in central, but who&#8217;s going to stay in Jurong or Woodlands?  Eventually your entire families will get to stay in central while others are forced out to the corners of Singapore?  I think you&#8217;re just a selfish person venting your anger over something that everybody else wants as well.</p>
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		<title>By: francis</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-7333</link>
		<dc:creator>francis</dc:creator>
		<pubDate>Wed, 30 Dec 2009 18:32:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-7333</guid>
		<description>20yrs ago i started work as an engineer, the basic was 2.5K than a 5rms HDB cost 7+k. Now 
a fresh grad engineer basic is still about 2.5k, 
and 5rms HDB is 2++K. The increase is 300% to 
400%. Sad to say our pay did not go up that much. 
try working hard to catch up. 
Our minister said we have rise standard of living,
we have HDB by the sea, by the lake, by the river,
...&quot;so it has to cost us $$$&quot; in the first place 
what is wrong with the old type of HDB. i wanted 
roof over my head..not a sea view or whatever 
view. some might say that we have to improve, yes 
true, leave those good view to private and make 
it a subsidised housing and not a disount housing.</description>
		<content:encoded><![CDATA[<p>20yrs ago i started work as an engineer, the basic was 2.5K than a 5rms HDB cost 7+k. Now<br />
a fresh grad engineer basic is still about 2.5k,<br />
and 5rms HDB is 2++K. The increase is 300% to<br />
400%. Sad to say our pay did not go up that much.<br />
try working hard to catch up.<br />
Our minister said we have rise standard of living,<br />
we have HDB by the sea, by the lake, by the river,<br />
&#8230;&#8221;so it has to cost us $$$&#8221; in the first place<br />
what is wrong with the old type of HDB. i wanted<br />
roof over my head..not a sea view or whatever<br />
view. some might say that we have to improve, yes<br />
true, leave those good view to private and make<br />
it a subsidised housing and not a disount housing.</p>
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		<title>By: youngcouple</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-6286</link>
		<dc:creator>youngcouple</dc:creator>
		<pubDate>Thu, 22 Oct 2009 09:47:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-6286</guid>
		<description>living cost in Hong Kong is not low either, we shd try to appreciate what we and make the most of it.

i recently purchased a flat at punggol precisely becoz it is affordable and within my budget, despite having to wait as it is a BTO. Even tho our parents are staying in the East we have decided that having a house we can afford far outweighs the distance from our parents. We will have to make an effort to send our kids there in the mornings and pick them up after work. 

I guess nothing is perfect we just have to make it work.</description>
		<content:encoded><![CDATA[<p>living cost in Hong Kong is not low either, we shd try to appreciate what we and make the most of it.</p>
<p>i recently purchased a flat at punggol precisely becoz it is affordable and within my budget, despite having to wait as it is a BTO. Even tho our parents are staying in the East we have decided that having a house we can afford far outweighs the distance from our parents. We will have to make an effort to send our kids there in the mornings and pick them up after work. </p>
<p>I guess nothing is perfect we just have to make it work.</p>
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		<title>By: donkey</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-6131</link>
		<dc:creator>donkey</dc:creator>
		<pubDate>Thu, 08 Oct 2009 12:31:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-6131</guid>
		<description>Have you visited HK in recent years? It&#039;s jam packed with mainlanders everywhere. Try going to Disneyland and Ocean Park during their yearly golden holiday season during the first week of October. I&#039;m sure you&#039;ll &#039;enjoy&#039; the company of your fellow brothers and sisters. Not all of them are as impolite and uncouth as depicted in the media. :)</description>
		<content:encoded><![CDATA[<p>Have you visited HK in recent years? It&#8217;s jam packed with mainlanders everywhere. Try going to Disneyland and Ocean Park during their yearly golden holiday season during the first week of October. I&#8217;m sure you&#8217;ll &#8216;enjoy&#8217; the company of your fellow brothers and sisters. Not all of them are as impolite and uncouth as depicted in the media. <img src='http://www.salary.sg/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: singkie</title>
		<link>http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-6117</link>
		<dc:creator>singkie</dc:creator>
		<pubDate>Wed, 07 Oct 2009 14:52:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.salary.sg/2009/perceived-affordability-of-hdb-flats/#comment-6117</guid>
		<description>then we might as well migrate to HK and become chinamen once again like our ancestors, since at this rate living conditions here will soon be same as in HK, but it&#039;s a much more vibrant city over there with up and coming macau, shenzhen and guangzhou as hinterlands. it&#039;s a huge land of opportunities there, whereas here it&#039;s a land of boredom, strict rules and freedomless confinement.</description>
		<content:encoded><![CDATA[<p>then we might as well migrate to HK and become chinamen once again like our ancestors, since at this rate living conditions here will soon be same as in HK, but it&#8217;s a much more vibrant city over there with up and coming macau, shenzhen and guangzhou as hinterlands. it&#8217;s a huge land of opportunities there, whereas here it&#8217;s a land of boredom, strict rules and freedomless confinement.</p>
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