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Your HDB-flat Value: We Warned about it 20 years ago... 

Singapore Democratic Party
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We warned about this 20 years ago...

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26 сен 2024

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Комментарии : 120   
@aniciawong7784
@aniciawong7784 4 года назад
Dr Chee hope u can win the GE 2020! We need you to speak up for the citizens of Singapore! Pls win and never disappoint us like what the PAP did! Bukit Batok pls vote for SDP Dr Chee Soon Juan!👌👍
@MrLinuxone
@MrLinuxone 6 лет назад
Dr Chee, What is say is absolutely correctly ! I sincerely hope every Singaporean out there could pause, and seriously consider. You care indeed working for the welfare of all Singaporeans. Thanks you very much, Dr. Chee, I hope I can meet you in person one day. Thanks you once again.
@derrickg91
@derrickg91 4 года назад
I’m not expert at politics or economics... but when I saw old granny and uncles in their 70s, walking shakily, trembling, struggling to wash toilets and clean dishes just to survive. Something is not right, they’re supposed to retire and enjoy the golden years of their life after an entire life of contributing to the city.
@Artificialcountry
@Artificialcountry 4 года назад
I really hope u can get a seat in the parliament and question them. Sincerely. But unfortunately we have 60% of the rest who are ignorant. Total respect and salute to you Dr Chee for your passion and courage.
@sun1st
@sun1st 5 лет назад
A good party really love the country before self interest, whether in group or individual.... Being Knowing of Singapore short comings,,, May I suggestion to insert to country constitution 1. PM can hold office, two terms max. 2. To prevent conflict of interest no government's family members or personal friends to be involved in government or top post of government related business whatsoever... 3. Form a house, elected by public vote, representatives not related to any parties, (like America) to check on Ministers in office discipline, misuse of power, competency, to scrutinized is government's policy set up, ( As you know like election, goal post can change any how to upset opposition) for own political gains (that is using law to self gain or political gains. Corrupt by law), whether it's for public interest or not before employed or implementing policy.. Not any how a government set policy or employed family member which will conflict of interest. The question is whether party really have the true love for Singapore n selfless interest... My thought, above all, is that it is important with the above to be in placed, so as it will not b easy for governing party to manipulate and will not have conflict of interest. Than HDB affairs..
@truthseeker000000
@truthseeker000000 4 года назад
This is a GREAT video! This is an issue that is of concern to me and my family. Thank you for this video Dr Chee. Politically, I'm an 'independent', but I believe we need to hold the PAP's hands to the fire. Since the PAP doesn't have a solid viable solution that benefits us, HDB home owners. I will vote for the opposition who will push the PAP into coming up with a solution that not only preserves, but increases the value of our HDB flats.
@vboo5777
@vboo5777 4 года назад
Extreme respect to you doctor Chee!
@林阿水-s7x
@林阿水-s7x 5 лет назад
You take care also Dr Chee. I hope you read my comment. I'm a 65 years old Taiwanese and not married. My girlfriend is 60 years old, a true indigenous Singaporean, is trying to make ends meet. She has no cash to spend on but got few hundreds thousands inside CPF. What you said is true. Her HDB flat is now 56 years old and with no value. She tried to sell it but to no avail, especially with the comments from L Wong. Now she is left with an useless asset, contrary to the promises of LKY and GCT. She is medically unfit and has asked the CPFB constantly to release some of her monies for medical treatment. She went to SGH but was rejected despite having the medical insurance from the government. Useless insurance cannot use but took $600 premium every year from her. So if Dr Chee, if one day you can become PM, she hope you can help the older true Singaporeans to survive. You must have read the false promise in CPF Life. A hawker assistant was promised 700-800, but when he turned 65 years old, he was given only $125. The youtube also showed a copy of his CPFB letter. So Dr Chee please help us. I'll tell her to vote for SDP and for you in the coming GE either this year or next.
@artistsyeun7677
@artistsyeun7677 4 года назад
PAP ministers so rich with peoples money, so many poor elderly, jobless singaporean , housing problems, education pressure, CPF issue, poor management of covid 19, too many foreigners ,GST issue, no apologies for big mistakes made by ministers.....and boring family rule for too long. Vote for the opposition now before its too late. ...out with PAP. Let Dr. Chee save your lives and Singapore.
@rdn3704
@rdn3704 4 года назад
Residents of BB please give him a chance. Let him be in parliarment. Please vote for Dr Chee. He truly deserved to be in parliarment.
@yusofyusof1551
@yusofyusof1551 4 года назад
Dr Chee has a very strong point. Public housing are for the poor and middle income people to live on. The government should regulate the public housing HDB low and affordable without to burden with heavy mortgage housing loan. So when one reach retirement age 55 they would able to survive on their CPF saving.
@alvinlee5732
@alvinlee5732 4 года назад
Voters who stay in Bukit Batok, please vote wisely, intelligently and carefully, and vote for SDP DR Chee Soon Juan, the legend. Your vote is very important to Singapore's Future and as well as your children's/grandchildren's Future. Please suggest your friends and families who stay in Bukit Batok to vote wisely, intelligently, and carefully. Through word of mouth, we can do it for our better future ahead guys. Never seen Murali before at all after his election who had elected the MP in Bukit Batok (think busy with his Full-Time job) and no changes had been done in Bukit Batok for the past 4-5 years. OMG!!! The rich become richer, the poor become poorer. GST going to rise to 9%. After the election, all will rise again as per normal or even more. Transport, Electricity, Water, Food, School Fees, Medical, Income taxes, etc. All will increase by many more than ever before. But Salaries not even rise at all and no job opportunities for the local Singaporeans. 😡😓😢😰 The PAP knows that the elderly will not go to vote and stay at home due to COVID-19 as they are vulnerable. Therefore they held the election right now whereby they giving the people some money and masks so that the young generations can vote them. Your vote is secret. Please do not afraid to vote the oppositions and let your families and friends know about it too. Thank you very much. 😊 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-IA7WJmdfjYc.html facebook.com/149672065049385/posts/3620824107934146/?vh=e ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YiCtDhxphC4.html
@andie6071
@andie6071 6 лет назад
retirement would just be a dream for most of us.. **sigh**
@markxseng9626
@markxseng9626 5 лет назад
When the prices of flat goes up home owner laugh but the buyers cry, one man fortune is another men misery
@Weerachai_HellBoy
@Weerachai_HellBoy 6 лет назад
Heard Mah Bow Tan is retired in Adelaide Australia enjoying his life.
@user-ov6hs1go4k
@user-ov6hs1go4k 5 лет назад
How many of us know people who are upset with SERS schemes forced on them? How many of those on the receiving end of such schemes end up moving to smaller homes and suffer a financial loss as a result of such forced relocation? The worst part of it is the huge interest. Very often, a huge chunk of the monthly installment goes to interested payments.
@exs1803
@exs1803 5 лет назад
Upset with SERS scheme you must be joking or totally ignorant. How about forcing the SERS on me LOL I know of many who have a hdb flat selected for SERS, cost only a $120,000, then got a spanking new flat with beautiful landscaping and now worth and sold for $550,000!!
@desakotakampoengdesakotaka7459
@desakotakampoengdesakotaka7459 2 года назад
I really respect you...since the 90s....i hope next election we can make HDB a topic that the main goverment to consider.......at least re least 30 to 40 yrs more instead of vers....i hope you and other party like wp can bring up again abt this. ...tq
@RUHappyATM
@RUHappyATM 5 лет назад
Never believe any one who says asset values will forever appreciate in value.
@dac997
@dac997 5 лет назад
HDB flats have appreciating in price based on new infrastructure project around it and also it only appreciated for 15-20 years before it will depreciate slowly and highly as based on negotiation through selling as low lease years are seen as a liability so the solution is to sell a flat where there will be a rebate after the HDB lease passed.
@amrietagill1529
@amrietagill1529 4 года назад
Thank you Sir for that wonderful speech hopefully our nation wakes up n realise there is a Najib in Spore as well.Wake up netizens to a better n promising 2moro.May God Lead Us In The Righteous path AMEN
@mohamedhaniff4021
@mohamedhaniff4021 3 года назад
All Hdb flat should be free hold and not 99years.. We are Singaporean. We need to have some value for our assets.. Please don’t do this to future generations and dry up their savings .Pay but we have no value in return
@mdzainiarsat2296
@mdzainiarsat2296 5 лет назад
Thank you for the video, Dr Chee. May Almighty God bless you and your family.
@chombiehello3515
@chombiehello3515 4 года назад
I AM REALLY WISHING YOU ALL THE BEST AND THAT YOU WILL BE NOMINATED BY THE PEOPLE AND FOR WHOM YOU ARE FIGHTING FOR THEIR RIGHTS👍😊
@markgazel2845
@markgazel2845 5 лет назад
It’s time to change, Leaders Salary very very high Singaporean have to pay and pay Leaders from our pockets. Our salaries are for our children not for the Leaders, That show our Current Leaders never thinks for the Singaporean, Everything in Singapore is increasing because we have to pay the Government Leaders and they did nothing for the Singaporean no more. The Government Leaders only can talk but nothing is for Singaporean accept Their Salaries. In Singapore we have Terrorist Of Wealth and Greed. We the Singaporean work so hard for our family. Vote wisely and when you vote the Current party you agreed the Greed and the increase of everything in Singapore. Remember what you see Army, Police, Special Forces in the streets, Airport almost everywhere is to put Fear in the Singaporean. Stop all New NRIC Immigrants for the Elections is coming on the way. Only after Elections is over than in the year 2020 than can Issue New NRIC to immigrants for TAXES. Stop all Hidden Agendas from the Government Of Singapore, for you are not capable anymore. Dear Oppositions Party Of Singapore and the Singaporean. What ever I am saying is I am only a concern Citizen. Look at the Countries that the Ruling Party losses to the Oppositions and the rulings Party are shocking. Sorry to all the Leaders Of the Countries that I am going to mention. 1) Malaysia- Ruling Party BN is over confidence and shock to the Present Ruling Party run by Dr.Mahathir . BN has destroy Malaysia and leaving to the Opposition to solve the Country’s Problem. Selling all Malaysia Government Properties and Corruptions. 2) America - Democrats Obama and Hillary Clinton are shock to loss the Election to Donald Trump the Republican. Obama and Hillary Clinton left the country in Turmoil, and Opposition Donald Trump and the Republican to Solve the Country Problem. Selling all America Government Properties and Corruptions. Now is Singapore going to be like the above 2 Countries . Selling all The Government Properties and Corruptions.
@kiangeephua3
@kiangeephua3 4 года назад
Not only HDB flats have 99 years lease. There are many private property owners whose condominiums also have 99 years lease .. so many are affected. This 99 years land lease expiry is not far away. It will affect your 2nd or 3rd generations if u hand down the property to them.
@MK-hap
@MK-hap 4 года назад
Yes, I agreed with Chee Soon Juan. Those speeches were indeed made by those PAP. They will promise you everything just to get your votes knowing that 20 or 40 years down the road, they would have exited and do not any need to deliver on their empty promises. Yes, they can retire in style but not the average Singaporean.
@mohamedhaniff4021
@mohamedhaniff4021 3 года назад
We think we are homeowners . But after the lease how home will he return back to Govt.. Where will we stay out the lease. If we r still alive.. after 50years your property value drop terribly and no one will buy our property.. Out heirs have to go through the same thing. Is it fair to Singaporean.. Pap pls do something...
@markxseng9626
@markxseng9626 5 лет назад
Those who have bought the flats that say 3 decade ago when flat were much more cheaper are likey to make profit , but in today market when flat are far more expensive and not much room for appreiation and have zero value 99 years later, so it is all about which year did the owners purchase
@malcolmsoh5648
@malcolmsoh5648 5 лет назад
I sold my 5 room flat for $300,000 in 2007 LOL. Well, well....the day will come and it has already arrived LOL
@zainulzai
@zainulzai 5 лет назад
Time for a chance let’s get together as Singaporean!!
@richardchak696
@richardchak696 4 года назад
Let us discuss HDB objectively, What was the objective of HDB it was to simply provide a roof over your head. It was not meant to profit you. But over the years both the public & Govt had abused the system. There were the luckey & smart one who buy & sell, buy & sell.... HDB. off course the smart one re-invest in private property while stay in the 2nd HDB. Profited greatly. It was a vicious cycle. Those who don't understand financial was disadvantage. To be candid PAP & Opposition have both played with the public emotions. He is trained as a neuropsychologist, with PhD playing with your emotion. The way he speak about previous minister enjoying themselves is playing with the average S'porean emotion to appeal to many with average ability who could not earn a lot to vote for him. Off course many who are senior manager position who have accumulated some wealth can all enjoy the same things that he is talking about, not only the minister. Let recall history... www.edgeprop.sg/property-news/hdb-home-prices-then-and-now "HDB was set up on 1 February 1960 to solve Singapore’s housing crisis. Back in the day, many people were living in unhygienic slums and crowded squatter settlements. Only 9% of Singaporeans lived in government flats, while others yearned for a place to call home. HDB sprang into action, and in less than three years, a total of 21,000 flats were built. By 1965, the HDB had built 54,000 flats. Today, over one million HDB flats have been completed across the island, providing affordable housing options for generations of Singaporeans throughout the decades. But just how much have HDB home prices changed throughout the years?"
@GeorgeKohGH
@GeorgeKohGH 4 года назад
What are your plans or alternatives if you become the govt? Or are you going to carry on the same policies as pap and get rich retirement?
@ksjoe2575
@ksjoe2575 6 лет назад
Return our cpf money
@kennyj6529
@kennyj6529 5 лет назад
Rise and change
@oolakavalucino7185
@oolakavalucino7185 5 лет назад
Let me be your bodyguard once you are elected Dr chee.
@rudylopez5060
@rudylopez5060 5 лет назад
Agreed.. Pay & Pay promised sweet words to get votes. Enough of Ruling party policies. Sick of them. We want more opposition seats in parliaments! Spore for sporeans!
@dayylogg9716
@dayylogg9716 6 лет назад
Most of the people still believed that they are sleeping on top of a goldmine that will grow bigger in size when time passes.
@jessicayeo3680
@jessicayeo3680 4 года назад
But indeed a lot of people make profit out of HDB flat and it did help to solve the housing issue.
@alantan9863
@alantan9863 6 лет назад
HDB flat cannot renew automatically?
@MrJ522
@MrJ522 5 лет назад
The flip side is also true. It remains the cheapest means for Singaporeans to have a roof over their heads. 😪 imagine if we’ve got freehold HDB since 1965, and a generation of landlord Class as a result is set firmly in place over the course of 50 years. None of the lower-middle class citizens born from 1990s can ever hope to have a place they call home. Social mobility will be non-existent & a whole generation will be disenfranchised. The issue you are talking about is true as well that our life savings depletes as we age. So my argument to you is this, are you encouraging Singaporeans to be less prudent in their expenditure? We all have circumstances we live in that we have to plan for the future. If you know you don’t have enough at the end, then don’t buy a 5 room flat at an expensive location. It’s not everything that I disagree with you. I do agree that ministers are paid too much to ever understand the sufferings of the people. The trade offs we make in life. When you have too much, you’re surround by conveniences and luxury that only money can buy, you just forget. It’s just human nature. The salaries need to be relooked at seriously. including their pension schemes. In any case, don’t stoke fears of this HDB scheme unless you have an alternative that can really address the home ownership topic and its associated social mobility issues. I think this is one policy that the government got in the right balance. But again, that is just my opinion.
@panasonic7023
@panasonic7023 5 лет назад
Lionel Lim do you see this happening in other countries like usa, UK, Australia, Sweden, Germany, Dubai, etc.? Sure, different countries are unique in their own way and cannot be compared apple to apple but my point is in many countries around the world, the citizens live in freehold properties and their countries have not exploded. Prices remain low(er) than ours.
@limchunyong6048
@limchunyong6048 5 лет назад
@@panasonic7023 well for one they have way more land than we do...
@Kelberi
@Kelberi 5 лет назад
@@panasonic7023 Sadly before the American could afford a house, they have to repay their student loan first. The only way is to abolish HDB ownership program and lease from govt for long term, like some European countries.
@malcolmsoh5648
@malcolmsoh5648 5 лет назад
@@panasonic7023 their ratio of land and people is better than you living in Singapore. en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_population_density. Find a way to get out if you can. LOL
@Dragon-gl1rw
@Dragon-gl1rw 5 лет назад
@@limchunyong6048 Why then the govt is so quick to increase our population from 3 million to 5.8 million in about 10 years? And probably from 5 8 million to 7 million within the next 5 years. Does it make any sense to ask the people to save water when more people used more water? So the people were blame for not saving enough water and that is why PUB bills have to increase. I think you reply is like a magician pulling a rabbit out from the hat just win a debate. It is absolutely rubbish to compare other country may it be smaller or bigger than here. Why always used others to compare. Different country big or small have thier own problems. I have heard countless of times whenever i talk about something not going right here the next thing the other guy will say "oh at least we are better than this country and that country".
@jaredjustin7880
@jaredjustin7880 4 года назад
Houses are better to be considered as a liability rather than an asset.
@yang5159
@yang5159 4 года назад
You right Chee, Mr Lee lied
@jefftan2859
@jefftan2859 5 лет назад
There is nothing to lose for you, except the PAP. It definitely cannot be worse off than now!
@salemmajeed3137
@salemmajeed3137 5 лет назад
Dont just get into the parliment.instead take over the parliment.your voice wont b heard bcos the pap is stil the majority.take over them.
@jdfd4906
@jdfd4906 6 лет назад
What u expect? Your 40 year old flat will appreciate above 40yr old when anyone can bto for a lower price? It is amortised over 99 years, not appreciate over 99 years.
@pork3149
@pork3149 5 лет назад
It's a bad thing for you if ur property depreciate and you seems unconcerned about it .
@dewaltxr7628
@dewaltxr7628 5 лет назад
Only land grows in value but not a structure or building if it gets old it has to be demolished and destroyed. People are really dumb.
@exs1803
@exs1803 5 лет назад
Hahahahaha Leasehold land also depreciates over time. A 99 years leasehold land, regardless of whether a condominium or bungalow has been build over it, will be zero in value and returned to the government when the lease is up. All land belongs to the State, under the government.
@fuyodan7385
@fuyodan7385 6 лет назад
So if the SDP is going to take over. What promises can you give? What reviews will you take on the government's funds. Will HDB become a freehold property? What changes will there be to cpf? (Lesser requirement, withdrawal for impt use). Ways to improve standard of living. No point critisizing on PAP. Draft up your plan, show what you can promise that is convincing and possible. Otherwise, too bad, not "personable" and convincing enough.
@ivanteo1973
@ivanteo1973 5 лет назад
There will be no solution as long as PAP is in power. Simple.
@user-ov6hs1go4k
@user-ov6hs1go4k 5 лет назад
It looks like he is simply pointing out past comments made by ministers versus the current reality. It's important that we are constantly reminded of past comments and promises. I hope all politicians can be objective and made constructive comments
@contrarian2496
@contrarian2496 5 лет назад
Would Singaporeans even give oppositions a chance to make those changes? No point in wanting these changes if one isn't ready to cast the vote. Take USA for example, the people wanted radical changes and took the courage to vote for it. Of course there will always be risks, but without them there can be no progress.
@spotlight9363
@spotlight9363 5 лет назад
i am totally agree with you... what will happen if opposition take over from the ruling party is same...
@zo3478
@zo3478 4 года назад
Laughs in 999 year lease.
@Topo541
@Topo541 5 лет назад
Don't let me edit? I post 3 times sabotage you!! My character is like that stubborn, eat it!!!
@gregstarr2954
@gregstarr2954 5 лет назад
Fight for our RIGHTS Dr Chee!
@frankielee5623
@frankielee5623 5 лет назад
A condo, with 99 years old lease also is the same, ZERO Value.After 30 years,40 years,60 years,the 99 Years old Lease becomes a Realistic Game. Less value.3 generations will come and go.
@Topo541
@Topo541 5 лет назад
李显龙啊。。。。我怎么看你,你都不像一条龙啊!!!
@kennyteo1711
@kennyteo1711 4 года назад
Great man win
@oolakavalucino7185
@oolakavalucino7185 6 лет назад
Outstanding statement dr chee
@evolution8662
@evolution8662 5 лет назад
CSJ for MP...!!!!
@66mrzar
@66mrzar 4 года назад
But they retirement no need to work and shake legs
@ktlim1123
@ktlim1123 6 лет назад
This is dragging time ,after another 20 years all new generation will not know wat happen n they keep lying
@jimmylaw1059
@jimmylaw1059 4 года назад
Chee soon juan pls go believe in GOD ALMIGHTY HE GOD ALMIGHTY Will judge the wicked
@geniegenie3510
@geniegenie3510 4 года назад
cool
@perionlim
@perionlim 5 лет назад
just rent a flat......
@NewmaticKe
@NewmaticKe 5 лет назад
Freehold is available is Singapore you know? If you cannot afford, who's problem is it?
@salehfarman3879
@salehfarman3879 4 года назад
ROTI PRATA KOSONG
@edmundong680
@edmundong680 5 лет назад
Dr Chee, ppl are selling their flats, and made a profit. Not everyone can buy private. If they don't buy HDB, what can they buy? Come on!!!!
@peterchew4018
@peterchew4018 6 лет назад
Best of luck ln 2019
@michellezhu255
@michellezhu255 5 лет назад
Just stay the smallest flat will do
@fathiomar7840
@fathiomar7840 6 лет назад
C liao
@kenlee7372
@kenlee7372 6 лет назад
N
@wtIUpITp1E0wMsydV19c0FUmIXvCU
@wtIUpITp1E0wMsydV19c0FUmIXvCU 5 лет назад
I am not sure how opposition supporters can trip over themselves by first screaming at the government for the high HDB prices in the early 2010s and then few years later, with the curbs in place, scream at the government for falling HDB prices. In any case does it matter whether it falls? I see majority of young Singaporeans trying to make money off their HDB flats, Singaporeans treat their home as speculative products than something to stay in
@troykell540
@troykell540 5 лет назад
why no comments? all too scared kanna repercussions from pap?
@limeddie3864
@limeddie3864 5 лет назад
Singaporeans who want to leave a property asset to future generation should buy private property. .. but for oneself, just few hundred $ mortage loan for a hdb flat is really a gd cheap option to have a roof over the head at least much cheaper compare to hk, Taiwan even most china cities now. Further more, hdb also gives elderly owners option of reverse mortgage too. Frankly, one doesn't bring along anything when die, so why do we need to own something in this world forever? I do see many couples slogging n struggling for decades to service their high loan for private property only to sell it to pay every single penny on medical expenses or worse die prematurely.... so hdb is still a fantastic idea by our late founding father LKY especially for many commoners like myself who otherwise would have to pay even higher rentals for a life time to ruthless landlords like in many other countries.
@tronghuoa1437
@tronghuoa1437 5 лет назад
25k views but only 52 comments...what the....
@justinramani8973
@justinramani8973 5 лет назад
Whatever it is, My Government is still supporting Singaporean in all way they can, so we are not interested in this political talk and propaganda against PAP.
@donaldjoseph3903
@donaldjoseph3903 6 лет назад
Could you talk a little faster?
@SuperAndyyan
@SuperAndyyan 5 лет назад
Say people no good . Before see yourslef first . How you going to help singapore . No diy talk so many for what .
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