Results 1 to 21 of 21

Thread: DC RATE INCREASE

  1. #1
    Join Date
    Dec 2010
    Posts
    78

    Default DC RATE INCREASE

    Does the rate increase affects property prices?

  2. #2
    Join Date
    Apr 2010
    Posts
    15,307

    Default

    Quote Originally Posted by ymgsterling
    Does the rate increase affects property prices?
    enbloc becomes more expensive lor.....

  3. #3
    Join Date
    Feb 2009
    Location
    峨眉山
    Posts
    5,512

    Default

    DC up -> Redevelopment cost up -> Sales price up

    What cooling measures?

    Typical tactic. Left hand saying oh we help you afford your home by cooling measures. Right hand saying well we introduce higher DC so that right hand can collect more $$$ to give left hand to build better (read more expensive) BTO or DBSS etc homes for your first home...

    In the end the winner is still the owner of the left and right hands - they collect more revenue as a result.

  4. #4
    Join Date
    Nov 2008
    Posts
    9,217

    Default

    Otherwise, how to give an average of angbao $3000 to middle income household.
    Quote Originally Posted by mcmlxxvi
    DC up -> Redevelopment cost up -> Sales price up

    What cooling measures?

    Typical tactic. Left hand saying oh we help you afford your home by cooling measures. Right hand saying well we introduce higher DC so that right hand can collect more $$$ to give left hand to build better (read more expensive) BTO or DBSS etc homes for your first home...

    In the end the winner is still the owner of the left and right hands - they collect more revenue as a result.

  5. #5
    Join Date
    Mar 2009
    Posts
    1,327

    Default

    Quote Originally Posted by DC33_2008
    Otherwise, how to give an average of angbao $3000 to middle income household.
    i wonder how many people here are able to get any goodie?

  6. #6
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by peterng8
    i wonder how many people here are able to get any goodie?
    Maybe if MBT say no more cooling measures...is goodies for many here..

  7. #7
    Join Date
    May 2010
    Posts
    1,406

    Default

    Before collecting ang pao, need to pay more for property tax becos of re-valuation of property value. Up again and must pay before before this month end wor!!!! How's your? Up by alot too?

    Goodies? it's more like poison candy!
    Daft, Dafter, Dafterest!!!!

  8. #8
    Join Date
    Oct 2010
    Posts
    4,739

    Default

    Quote Originally Posted by westman
    Before collecting ang pao, need to pay more for property tax becos of re-valuation of property value. Up again and must pay before before this month end wor!!!! How's your? Up by alot too?

    Goodies? it's more like poison candy!
    i wish my property tax up a lot. it show the value of my property up also :P
    the more tax, the more up.

  9. #9
    Join Date
    Jul 2009
    Posts
    3,006

    Default

    Quote Originally Posted by ymgsterling
    Does the rate increase affects property prices?
    more reasons to buy now..

  10. #10
    Join Date
    Mar 2009
    Posts
    1,327

    Default

    Quote Originally Posted by hopeful
    i wish my property tax up a lot. it show the value of my property up also :P
    the more tax, the more up.
    iff you are staying and have no intention to sell or rent.... just pay more to to nation building...

  11. #11
    Join Date
    Mar 2009
    Posts
    1,327

    Default

    Quote Originally Posted by westman
    Before collecting ang pao, need to pay more for property tax becos of re-valuation of property value. Up again and must pay before before this month end wor!!!! How's your? Up by alot too?

    Goodies? it's more like poison candy!

    KNS ...I really detest it...

  12. #12
    Join Date
    Dec 2010
    Posts
    78

    Default

    Foreign worker levy up, dc up, land cost up,oil up -------->property price up ?!

  13. #13
    Join Date
    Oct 2010
    Posts
    1,420

    Default

    Quote Originally Posted by devilplate
    enbloc becomes more expensive lor.....
    not really, developer will pay less for your land if they have to pay more DC assuming the break-even cost stays the same.

  14. #14
    Join Date
    Feb 2009
    Posts
    17

    Default

    What on earth is DC rates?
    Why should I care about it?

  15. #15
    Join Date
    Oct 2010
    Posts
    1,420

    Default

    Quote Originally Posted by marc2050
    What on earth is DC rates?
    Why should I care about it?
    in a nutshell, it's what u pay the garment for intensifying the use of land.

    you don't have to care if you're not developing property, or fishing for enbloc

  16. #16
    Join Date
    Jul 2009
    Posts
    3,006

    Default

    Quote Originally Posted by peterng8
    iff you are staying and have no intention to sell or rent.... just pay more to to nation building...
    follow england, health care is free to anyone staying and living there. All these additional charges should go into our escalating health care cost and governemnt should come in to control them in view of our aging population!

  17. #17
    Join Date
    Jul 2010
    Posts
    65

    Default

    Quote Originally Posted by rattydrama
    follow england, health care is free to anyone staying and living there. All these additional charges should go into our escalating health care cost and governemnt should come in to control them in view of our aging population!
    "SM Lee and the eye-opening trauma in London. Monday, November 3, 2003 by Val Chua

    EMOTIONS ran high on a balmy Sunday night as the normally stoic Senior Minister Lee Kuan Yew nearly broke down while recounting the ordeal his wife went through in London recently. The troubles that the couple faced - including joining a queue in a free hospital - when Mrs Lee was hit by stroke two Sundays ago, revealed how differently two systems worked. "I cannot tell you how restless and unhappy we felt," he said at a community event in Jalan Bukit Merah yesterday. "We run a (healthcare) system where you have to co-pay ... but you get the attention. There, no attention, just join the queue,"

    ....... When Mrs Lee reached The Royal London Hospital at 12.30am, it happened to have three cardiac arrest patients. Mr Lee was told his wife's brain problem was "not as important" as the cardiac arrest cases, he recounted solemnly. She would have had to wait till 8am the next morning for her CT brain scan if 10 Downing Street had not intervened to get her early attention. High Commissioner Michael Teo had sought help from 10 Downing Street at 2am on Sunday and she received treatment at 3.30am on the night itself. "Once upon a time, it was a wonderful hospital. But after 40 plus years ... the system cannot deliver. There's no connection between those in the system and the patients," he said. But it's the way free healthcare systems work, he added, noting that Singapore must not go down that path, even though there are calls for free C class wards in public hospitals here. ...."

  18. #18
    Join Date
    Jul 2009
    Posts
    3,006

    Default

    I knew someone is going to say that. Dr there treats everyone according to the level of emergency and there are so many other patient as well. The service "expectation" at MM's level is different from ordinary folks.

    In SG, they will be treated honourably.

    Why he never visited a private hospital in UK?

    I shall not elaborate more.





    Quote Originally Posted by med80009
    "SM Lee and the eye-opening trauma in London. Monday, November 3, 2003 by Val Chua

    EMOTIONS ran high on a balmy Sunday night as the normally stoic Senior Minister Lee Kuan Yew nearly broke down while recounting the ordeal his wife went through in London recently. The troubles that the couple faced - including joining a queue in a free hospital - when Mrs Lee was hit by stroke two Sundays ago, revealed how differently two systems worked. "I cannot tell you how restless and unhappy we felt," he said at a community event in Jalan Bukit Merah yesterday. "We run a (healthcare) system where you have to co-pay ... but you get the attention. There, no attention, just join the queue,"

    ....... When Mrs Lee reached The Royal London Hospital at 12.30am, it happened to have three cardiac arrest patients. Mr Lee was told his wife's brain problem was "not as important" as the cardiac arrest cases, he recounted solemnly. She would have had to wait till 8am the next morning for her CT brain scan if 10 Downing Street had not intervened to get her early attention. High Commissioner Michael Teo had sought help from 10 Downing Street at 2am on Sunday and she received treatment at 3.30am on the night itself. "Once upon a time, it was a wonderful hospital. But after 40 plus years ... the system cannot deliver. There's no connection between those in the system and the patients," he said. But it's the way free healthcare systems work, he added, noting that Singapore must not go down that path, even though there are calls for free C class wards in public hospitals here. ...."

  19. #19
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by med80009
    "SM Lee and the eye-opening trauma in London. Monday, November 3, 2003 by Val Chua
    [/B]
    ....... When Mrs Lee reached The Royal London Hospital at 12.30am, it happened to have three cardiac arrest patients. Mr Lee was told his wife's brain problem was "not as important" as the cardiac arrest cases, ....She would have had to wait till 8am the next morning for her CT brain scan if 10 Downing Street had not intervened to get her early attention. High Commissioner Michael Teo had sought help from 10 Downing Street at 2am on Sunday and she received treatment at 3.30am on the night itself. "Once upon a time, it was a wonderful hospital. But after 40 plus years ... the system cannot deliver. There's no connection between those in the system and the patients," he said. But[B]...."
    obviously, locals have never been to the wax museum and they dun recognize our MM, colonial master also "Bo hiew" him

  20. #20
    Join Date
    Apr 2009
    Posts
    5,841

    Default

    i like the innocent way you ask the question. Yes, DC rates up, price will go up.


    Quote Originally Posted by ymgsterling
    Does the rate increase affects property prices?

  21. #21
    Join Date
    Mar 2010
    Posts
    2,571

    Default

    Quote Originally Posted by ymgsterling
    Foreign worker levy up, dc up, land cost up,oil up -------->property price up ?!
    Civil servant pay also up, so property price also up

    http://www.channelnewsasia.com/stori...113962/1/.html

Similar Threads

  1. Fed Minutes Point to Possible Rate Increase in March
    By reporter2 in forum Coffeeshop Talk
    Replies: 0
    -: 06-01-22, 09:35
  2. Interest Rate going to increase, my foot.
    By Arcachon in forum Coffeeshop Talk
    Replies: 0
    -: 05-05-17, 13:08
  3. How to increase Singapore Birth rate.
    By Arcachon in forum Coffeeshop Talk
    Replies: 8
    -: 30-05-14, 13:45
  4. Interest rate will never ever increase again
    By indomie in forum Coffeeshop Talk
    Replies: 21
    -: 29-04-13, 22:44
  5. Possibility of interest rate increase after Apr 2011
    By hyenergix in forum Singapore Private Condominium Property Discussion and News
    Replies: 4
    -: 04-02-11, 22:18

Posting Permissions

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