Page 3 of 3 FirstFirst 123
Results 61 to 67 of 67

Thread: The truth about GST..................

  1. #61
    Join Date
    Mar 2009
    Posts
    6,134

    Default

    Quote Originally Posted by teddybear View Post
    calling minority to give us the answer about land acquisition in 197x - 198x under "Acquisition of land for National development":

    Can we tell the govt: "No we don't want to sell to you" for their land acquisition under "National development"?

    So if everyone don't want to sell for deveoplemnt or relocation. We develop what? everyone selfish like you own interest? Only with people like you ard SINGAPORE IS SCREWED. SELF centred and selfish.!!! Full of personal interest.

    Oi!! COCK TALKER Prata man can you tell me if a swamp land is worth more than a developed land? Can you tell me if both are the same? A piece of swamp in the middle of no where and something that have infra all developed to it?



    Go C&C tell them u want to buy the MERC at Chow T price coz its just metal no reason why C&C should sell u the MERC so expensive.. GO GO. I encourage u to go do that! KANG GONG.

    Such simple things u cannot understand or phamthom? u want to KPKB.

    Go Geylang eat some pig brain soup. Correction EAT a whole lot of it.. I think u in need to por .
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs

  2. #62
    Join Date
    Mar 2009
    Posts
    6,134

    Default

    Cock talker

    u say until like singapore only one with land accquation act? every country also have such act dumbo.

    http://www.legislature.mi.gov/(S(tzk...t-Ex-Sess-.pdf

    http://www.legislation.gov.uk/ukpga/...ntents/enacted


    http://www.agc.gov.my/Akta/Vol.%2010/Act%20486.pdf

    and the list go on and on and on.

    So don't twist it like Singapore are the only one with it?
    “Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
    ― Martin Luther King, Jr.

    OUT WITH THE SHIT TRASH

    https://www.facebook.com/shutdowntrs

  3. #63
    Join Date
    Oct 2010
    Posts
    4,739

    Default

    Quote Originally Posted by minority View Post
    Cock talker

    u say until like singapore only one with land accquation act? every country also have such act dumbo.

    http://www.legislature.mi.gov/(S(tzk...t-Ex-Sess-.pdf

    http://www.legislation.gov.uk/ukpga/...ntents/enacted


    http://www.agc.gov.my/Akta/Vol.%2010/Act%20486.pdf

    and the list go on and on and on.

    So don't twist it like Singapore are the only one with it?
    does the articles say what price to be paid?
    i think issue is compensation price for land acquisition.
    and govt squatting on acquired land for years and years.

  4. #64
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    Price and non-"national development" many years after acquisition (despite being acquired for "national development") are the main issues! Well, you just hit the nail on the head!

    Quote Originally Posted by hopeful View Post
    does the articles say what price to be paid?
    i think issue is compensation price for land acquisition.
    and govt squatting on acquired land for years and years.

  5. #65
    Join Date
    Oct 2010
    Posts
    4,739

    Default

    Quote Originally Posted by teddybear View Post
    Price and non-"national development" many years after acquisition (despite being acquired for "national development") are the main issues! Well, you just hit the nail on the head!
    lets say you have swamp A and i have swamp B side by side.
    govt take your swamp A and pay you $1psf (market rate then), builds lots of infrastructure.

    30 years down the road, govt want my swamp B. can the govt pay me $1psf or does the govt have to pay me $100psf (the market rate for swampland now).

    would it be better if govt acquire both swamps simultaneously and let swamp B lie fallow for 30 years or govt acquire swamp A first and then swamp B 30 years later.

    personally, i think $1psf or $100psf doesnt matter as long as it is market rate at that point in time.

  6. #66
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    Let's just say, if you acquire land for national development, it means there should be national development already planned and to be executed, not just acquire and leave the land vacant to grow grass even after 20 years later.

    The other issue is as you said about price but they are usable land and not swamp, with factories occupying the land doing economically-contributing activities, market rate then going like $8-10 psf and you are getting paid $0.60 psf.

    If you consider that now in 2014 developers are paying >$1000 psf of 99LH land (or >$330 psf ppr considering plot ratio of 3.0 for just 99LH land) in ulu areas, then $10 psf of FH land is really very little in 198x which is basically only about 30 years ago (not to mention $0.60 psf of which we are unwilling to sell anyway!).


    Quote Originally Posted by hopeful View Post
    lets say you have swamp A and i have swamp B side by side.
    govt take your swamp A and pay you $1psf (market rate then), builds lots of infrastructure.

    30 years down the road, govt want my swamp B. can the govt pay me $1psf or does the govt have to pay me $100psf (the market rate for swampland now).

    would it be better if govt acquire both swamps simultaneously and let swamp B lie fallow for 30 years or govt acquire swamp A first and then swamp B 30 years later.

    personally, i think $1psf or $100psf doesnt matter as long as it is market rate at that point in time.
    Last edited by teddybear; 02-06-14 at 13:12.

  7. #67
    teddybear's Avatar
    teddybear is offline Global recession is coming....
    Join Date
    Mar 2009
    Posts
    10,800

    Default

    Don't talk cock and try to lie and mislead others!
    There are big differences in those you quoted!

    Firstly, in any democratic country, the land acquisition for national development only acquire sufficient land necessary for the "specific" "national development", and not all land in the whole region, let alone >80% of all the vacant land in the whole country!
    Also, They don't acquire any land and then grow grass on the land for >10 years, let alone >30 years!

    Secondly, in those countries, they pay "market rates"!


    Quote Originally Posted by minority View Post
    Cock talker

    u say until like singapore only one with land accquation act? every country also have such act dumbo.

    http://www.legislature.mi.gov/(S(tzk...t-Ex-Sess-.pdf

    http://www.legislation.gov.uk/ukpga/...ntents/enacted


    http://www.agc.gov.my/Akta/Vol.%2010/Act%20486.pdf

    and the list go on and on and on.

    So don't twist it like Singapore are the only one with it?

Similar Threads

  1. Will they ever tell the truth?
    By vip in forum Singapore Private Condominium Property Discussion and News
    Replies: 19
    -: 03-05-16, 10:20
  2. just for laugh: the truth about the CPF
    By taggy in forum Coffeeshop Talk
    Replies: 214
    -: 01-07-14, 10:48
  3. Truth Behind ABSD & FV
    By Lilyput in forum Singapore Private Condominium Property Discussion and News
    Replies: 50
    -: 09-05-12, 23:26
  4. Truth Behind ABSD & FV
    By newbie11 in forum HDB, EC, commercial and industrial property discussion
    Replies: 1
    -: 08-05-12, 16:04
  5. Agent that speak the truth?
    By devilplate in forum Singapore Private Condominium Property Discussion and News
    Replies: 5
    -: 29-03-11, 16:09

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •