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everyone can pay off a 140k flat with just 1-2 years of annual salary


The_King

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Starts at 8:01:44

"This way, according to Mr Leong, a Tengah flat quoted at $350,000, would go at $140,000, and I guess it would just take one to two years of annual pay, you know, uh, once annual pay to pay off this flat.

And if the owner decides to stay, then he will get to keep the flat at $140,000 - a flat indeed without land cost. Mr Leong is indeed proposing a very big Valentines gift of a double subsidy to every Singaporean who's interested to buy and I wonder how this will be financed or traded off against other national needs such as healthcare, education, not to mention the current housing deficits"

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7 minutes ago, The_King said:

Starts at 8:01:44

"This way, according to Mr Leong, a Tengah flat quoted at $350,000, would go at $140,000, and I guess it would just take one to two years of annual pay, you know, uh, once annual pay to pay off this flat.

And if the owner decides to stay, then he will get to keep the flat at $140,000 - a flat indeed without land cost. Mr Leong is indeed proposing a very big Valentines gift of a double subsidy to every Singaporean who's interested to buy and I wonder how this will be financed or traded off against other national needs such as healthcare, education, not to mention the current housing deficits"

 

 

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how this will be financed or traded off against other national needs such as healthcare, education, not to mention the current housing deficits

 

It's call a fee waiver

 

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