atans1

Why S’pore is so shiok for private property investors

In Political economy, Property, Public Administration on 12/11/2018 at 9:46 am

Look at the table and note that here holding costs (i.e. interest paid) for 5 yrs (assumes no profit from sale after 5 yrs) and fees payable (taxes, duties) very low compared to rest of the world bar a shithole of a city. The PAP govt treats private property investors better than they treat otters (TRE Cybernut says PAP has created paradise for otters not citizens)? $ means US$.

Waz there not to like about the PAP if u are an investor in private property?

Compare this to if u bot a resale HDB flat: Will resale flat owners still vote for PAP in next GE? and Will this resale flat buyer vote for PAP in next GE?

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  1. That’s coz PAPies & elites are already landowners — minimise maintenance costs & can always transfer assets to their scions.

    Note that cost to *acquire* is still atrocious (for non-citizen). 😉

    Actually for long-term 30+ years, the shithole city is a MUCH BETTER bet than SG. But prices too ex currently.

    Dublin has also been a good place for property investments in the last few years, helped by Brexit too. High prices now though.

  2. why iskandar m’sia, johor, not included in the above table ?

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