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03-11-2014, 03:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Transmodified from hxxp://www.channelnewsasia.com/news/singapore/hdb-flats-with-70-year/1450234.html
PEASANTPORE: It is not necessary for the Housing Mafia Fat Cats (HDB) to sell new birdcages with a 70-year lease alongside 99-year pigeonholes, as there is likely to be "less profits for the regime but peasants benefit from cheaper birdcages" for the proposed option, said Birdcage Million Dollar Penang $$$$$ Khaw on Monday (Nov 3).
Penang $$$$$ said there are two reasons for this assessment: Firstly, the upfront cost Housing Mafia has to incur to offer a 70-year lease option is the same as that of a 99-year lease; and secondly, while a 70-year lease flat should be cheaper than a 99-year lease, the "common sense will imply less profits as he is unable to charge sky high prices for the leasehold birdcages".
"C'mon you dummies, buyers who prefer flats on 70-year leases can buy them from the resale market without discounts, got money pay lah, why try to create loopholes, if I sell 70 or even 50 years leasehold birdcages, how I meet the Profit KPI and contribute funds to Ho Jinx's punts?," the minion said, in response to the proposal mentioned by well paid Peasants' Representative Seah Ah Peng in an Imperial Court session.
Penang $$$$$ instead plays language games to say that HDB prices new birdcages on a 99-year lease to be "highly affordable for first-time buyers if they take up long 30 years repayment periods".
"Hee hee hee, if stupid peasants opts for long term 22 year repayment loans, then Ruler Loong will pocket around 100k peanuts per loan! Very profitable business lor. Now you know why HDB and SLA runs a profitable Ponzi Scam ha ha, you peasants are really stupid to fall for this Familee trick invented! Ha ha ha, hee hee hee ho ho ho!!", Penang $$$$$ laughed as he picks up his handphone to schedule for a bonking session at Las Vegas KTV.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?193226-Penang-$$$$$-tries-his-luck-to-look-silly&goto=newpost).
Transmodified from hxxp://www.channelnewsasia.com/news/singapore/hdb-flats-with-70-year/1450234.html
PEASANTPORE: It is not necessary for the Housing Mafia Fat Cats (HDB) to sell new birdcages with a 70-year lease alongside 99-year pigeonholes, as there is likely to be "less profits for the regime but peasants benefit from cheaper birdcages" for the proposed option, said Birdcage Million Dollar Penang $$$$$ Khaw on Monday (Nov 3).
Penang $$$$$ said there are two reasons for this assessment: Firstly, the upfront cost Housing Mafia has to incur to offer a 70-year lease option is the same as that of a 99-year lease; and secondly, while a 70-year lease flat should be cheaper than a 99-year lease, the "common sense will imply less profits as he is unable to charge sky high prices for the leasehold birdcages".
"C'mon you dummies, buyers who prefer flats on 70-year leases can buy them from the resale market without discounts, got money pay lah, why try to create loopholes, if I sell 70 or even 50 years leasehold birdcages, how I meet the Profit KPI and contribute funds to Ho Jinx's punts?," the minion said, in response to the proposal mentioned by well paid Peasants' Representative Seah Ah Peng in an Imperial Court session.
Penang $$$$$ instead plays language games to say that HDB prices new birdcages on a 99-year lease to be "highly affordable for first-time buyers if they take up long 30 years repayment periods".
"Hee hee hee, if stupid peasants opts for long term 22 year repayment loans, then Ruler Loong will pocket around 100k peanuts per loan! Very profitable business lor. Now you know why HDB and SLA runs a profitable Ponzi Scam ha ha, you peasants are really stupid to fall for this Familee trick invented! Ha ha ha, hee hee hee ho ho ho!!", Penang $$$$$ laughed as he picks up his handphone to schedule for a bonking session at Las Vegas KTV.
Click here to view the whole thread at www.sammyboy.com (http://www.sammyboy.com/showthread.php?193226-Penang-$$$$$-tries-his-luck-to-look-silly&goto=newpost).