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Thread: 2011 National Day Rally Speech

  1. #46
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    Quote Originally Posted by ysyap
    While OCR mass market might be slightly affected negatively with the new income ceiling, resale HDB should benefit the most. Now there is a larger pool of richer HDB buyers with grants and pockets after the ceiling increment! Hmmm... so COV will go up lor!
    One step forward, two steps back.

  2. #47
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    Nobody talked about raiding the reserves ?
    Will the Singapore President approved of raiding the reserves?
    or this year have budget surplus, so no need President's approval ?

    Opposition didnt make any noise about raiding the reserves?

  3. #48
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    Quote Originally Posted by ysyap
    While OCR mass market might be slightly affected negatively with the new income ceiling, resale HDB should benefit the most. Now there is a larger pool of richer HDB buyers with grants and pockets after the ceiling increment! Hmmm... so COV will go up lor!
    dun noe COV will really go up or not, because grants is in terms of CPF, buyers still need to come out with cold hard cash for COV+5% of valuation price.

  4. #49
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    the grants are for first timer only... and most first timer buy BTOs... So i dunno why u all so excited with how the grant will affect MOP.. ha..

  5. #50
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    Quote Originally Posted by linchong84
    the grants are for first timer only... and most first timer buy BTOs... So i dunno why u all so excited with how the grant will affect MOP.. ha..
    So who's excited with how the grant will affect MOP?

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