Spore property market is like a PRISON...

[radha08]

You cannot get out....cannot sell within 4 years unless pay SSD...cannot buy 2nd 3rd etc etc property unless u pay ABSD...basically
all kena squueze where it HURTS

Those holding a few property will NEVER sell unless need $$$...those who wish to buy a few will pay $$$ to big brother until back$%^ tear...

[henryhk]

You cannot get out....cannot sell within 4 years unless pay SSD...cannot buy 2nd 3rd etc etc property unless u pay ABSD...basically
all kena squueze where it HURTS

Those holding a few property will NEVER sell unless need $$$...those who wish to buy a few will pay $$$ to big brother until back$%^ tear...

But there are people who want to stay in tat prison and pay u rent....tats the beauty of it!! 😆 why sell!!?

[kane]

But there are people who want to stay in tat prison and pay u rent....tats the beauty of it!! 😆 why sell!!?

and for a princely sum.

[radha08]

looks like this forum is a prison...we can check out any time we want but we can ever leave....

[samuelk]

looks like this forum is a prison...we can check out any time we want but we can ever leave....

depending on when the purchase was made.

Somehow, the prison scheme is to prevent mass selloff and chao when the going gets tough. So its a double edge sword.

Stay on and face the music / continue to hold for the long run as in the case of FT investors..

[Northeast91]

You cannot get out....cannot sell within 4 years unless pay SSD...cannot buy 2nd 3rd etc etc property unless u pay ABSD...basically
all kena squueze where it HURTS

Those holding a few property will NEVER sell unless need $$$...those who wish to buy a few will pay $$$ to big brother until back$%^ tear...

Actually why they impose ABSD on Singaporean? Arent they shall favourited us more?

[TravieJackie]

euphoria buying!

[phantom_opera]

You cannot get out....cannot sell within 4 years unless pay SSD...cannot buy 2nd 3rd etc etc property unless u pay ABSD...basically
all kena squueze where it HURTS

Those holding a few property will NEVER sell unless need $$$...those who wish to buy a few will pay $$$ to big brother until back$%^ tear...

see my signature below

[proud owner]

Actually why they impose ABSD on Singaporean? Arent they shall favourited us more?

does anyone here know which other country penalises their very own citizens more than foreigners ?

[samuelk]

does anyone here know which other country penalises their very own citizens more than foreigners ?

I think the HK policy is as extreme and across the board

[Northeast91]

I think the HK policy is as extreme and across the board

HK garment give high "Govt bonus" to their own citizens.. including those working in foreign countries... Cos they still treasure them as part of them..

We all le? stay in private means u'r not eligible to entitle all garment benefits aldy...

[minority]

well u can always jail break what. Sell it and go rent! total free from the Prison!

[teddybear]

Now you stay private need to pay more taxes, regardless of whether you are sick, jobless, etc! The high income earners earn so much, many milking ordinary people's money cannot pay more tax because 20% already very high vs HK 15%! <- who say this?

HK garment give high "Govt bonus" to their own citizens.. including those working in foreign countries... Cos they still treasure them as part of them..

We all le? stay in private means u'r not eligible to entitle all garment benefits aldy...

[samuelk]

well u can always jail break what. Sell it and go rent! total free from the Prison!

that's like remand .. same thing

[minority]

Now you stay private need to pay more taxes, regardless of whether you are sick, jobless, etc! The high income earners earn so much, many milking ordinary people's money cannot pay more tax because 20% already very high vs HK 15%! <- who say this?

ok wat stay private means rich. so naturally pay tax. poorer 1 go stay HDB dont pay tax. consumption tax. bascially the rich consume more and they consumer big ticket item . they pay more tax too. that is a fair system.

who milk rich? milk wat? soya milk? the top end pay 20% . they earn more they also spend more. that is tax via consumption tax.

The top end consume $ goes into the business system. creates jobs also. so wat so wrong with that.

I dont see the pt to make the rich painfully poorer to make the poorer feel good? how is that going to help. I rather they spend more on consumption. turn the wheel of economy everyone benefit.