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 Working in Singapore v9, How to save 100k in 3 years to buy HDB?

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Murusundram
post Nov 28 2011, 10:55 PM

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Dunno it's the right place to post or not. Few years ago there was a controversy issue regarding the land in Tanjung pagar or some where else in Singapore between both Singapore and malaysian government. Malaysian government deliberately squeezed Singapore wanting to re-take back the land. Legally the land still belong to Keretapi Tanah Melayu (KTM) because when British left Malaya, they subdivided the land in Singapore and gave a big portion of Singapore land to KTM.
Does anyone knows about this issue and latest news?

I oso know if there's conflict, Malaysia always use the water issue and threaten to shut the tap to squeeze Singapore. Anyone knows the latest update?

If you don't mind, you can share the info here.

Some past history to share. During WW2, Singapore was the first state under Malaya that surrendered to Japanese because those Japanese off the tap in Johor to disconnect the water supply to Singapore.....habis lah!



This post has been edited by Murusundram: Nov 28 2011, 11:03 PM
Murusundram
post Nov 29 2011, 09:59 PM

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QUOTE(Materazzi @ Nov 29 2011, 08:35 PM)
sand expensive ma? they put sand on the sea, later kena tsunami how?
Imagine sg kena tsunami, will it recover fast like japan?

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Japanese are known for their kamikaze principle and willing to die for their nation. Japan has recovered fast from the tsunami tragedy and I always admire their strong spirit.
If a strong tsunami hits Singapore, that's it...habis. Singapore will be wiped off from the world map and their people will start to kneel down begging for international aid from other nations and there will be influx of singaporeans entering Johor. Johor oso hit by flood 4 years ago but things have gone back to normal.

Ok guys thank you for all your input to my questions but not enough. I need more input for my dissertation, thanks in advance anyway. I am collecting info from various sources and LYN is one of the source. Hope more comments will come in tomorrow. Thanks.





Murusundram
post Nov 29 2011, 10:48 PM

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QUOTE(bellion @ Nov 29 2011, 10:26 PM)

- a break up of the Federation of Malaysia and Johor being colonized or bought by Singapore?

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could be, who knows one day.

Please accept my apology if my question is too sensitive for some people. notworthy.gif
I will wrap up the "current issues for concern (water and land)" if it's unfit to be discussed and will start the next area "political development". My dissertation on Political Science covers 4 countries, Thailand, Malaysia, Singapore and Indonesia. Everyone on this site talk abt singapore, that is why I tried to get input from here. It's ok if anyone doesn't feel comfortable to discuss. nod.gif
Murusundram
post Nov 30 2011, 10:32 PM

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QUOTE(Materazzi @ Nov 29 2011, 10:52 PM)
^

I know very well about Indonesia. come free to ask me


Added on November 29, 2011, 11:06 pmMy housemate from Thailand said "Food here(sg) sucks. The decent ones are expensive."
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oh yes, thank you. Such a great help. At the starting point I need to know the "current issues of concern". It helps me a lot if you can give some points for Indonesia just like Singapore, the issues are water and land (but still not enough elaboration, I still need more).
Thanks in advance for your input.



Murusundram
post Dec 3 2011, 11:42 PM

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QUOTE(Tigerr @ Nov 29 2011, 10:26 PM)
singapore is getting sand from cambodia, vietnam, philipines, myanmar, malaysia and indonesia......however, there are many free sands from australia, saudi, africa if singapore can figure a way to get it.....their desert full of sand... tongue.gif
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That means Singapore is heavily dependant on neighbouring countries for water and sand. Is Singapore's internal and foreign policies are being dictated by the neighbouring countries? Can we conclude that Singapore cannot stand on her own feet and must have the support from cambodia, vietnam, philipines, myanmar, malaysia and indonesia? Can we say that these neighbours are pulling Singapore's nose where ever they want Singapore to go? If the West like American and European cease to have any trade with Singapore, would they able to survive?
Under the history, Singapore was one of the poorest nation in the 1960s after they came out from Malaya. Since then they have become so prosperous and developed largely owe to the support from the West.



Murusundram
post Dec 9 2011, 06:03 PM

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QUOTE(keelim @ Dec 8 2011, 10:44 PM)
qualitative, quantitative or both?
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I have sufficient qualitative (non financial) info but I need more on the quantitative (financial) info. Thanks so much


Murusundram
post Dec 9 2011, 11:09 PM

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QUOTE(keelim @ Dec 9 2011, 06:27 PM)
http://www.straitstimes.com/BreakingNews/S...ory_742997.html

That graph probably tells a thousand and one stories.

I derived my own conclusion and I believe I would strike it big this time. I aint sharing though. Tips:- Oracle of Omaha advice - when everyone is bearish, you BULL it!

Your essay, homework, thesis, report should start with something along that line. I love tag lines!
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Thank you so much, such a great help.

That graph tells everything. Property prices have risen substantially frm 1997 to 2011. My conclusion is cost of living has risen substantially frm 1997 to 2011 and people have less money to spend. With less money but the pricess of essential goods have gone up will drive inflation up, what I think is not good for the economy.



Murusundram
post Dec 9 2011, 11:29 PM

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QUOTE(Mackiddo @ Dec 9 2011, 11:20 PM)
do you think it would drop, ever? A country with limited land space.
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I think you are right too. With limited land space, how can it drop? The graph has shown that property prices will keep on increasing.


Murusundram
post Dec 10 2011, 10:45 PM

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QUOTE(Materazzi @ Dec 10 2011, 12:25 PM)
for the first time I agree with you. Singapore is a risky country in terms of.....
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risky in terms of economic stability, too reliance on neighbouring countries for investments. If everyone pulls out their investments, then....
Politically they are quite stable. This is their strength.


Added on December 10, 2011, 10:48 pm
QUOTE(r1v3r @ Dec 10 2011, 10:07 AM)
But, the fact that SG has limited land and the gov have great control over the market means the price can manipulated.

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Yes, agree.


This post has been edited by Murusundram: Dec 10 2011, 10:48 PM
Murusundram
post Dec 11 2011, 10:11 AM

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QUOTE(r1v3r @ Dec 10 2011, 11:59 PM)
Lol ... Agree on disagree.

Cant believe this is written by PhD student. More like sec sch story writing assignment.

Find out the statistic and learn to read the number by yourself ok.

Guess we have to endure all this till the end of your holiday.
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I am only doing master. Not qualified for phd.


Added on December 11, 2011, 10:20 am
QUOTE(bellion @ Dec 11 2011, 12:17 AM)
He is a BS artist and an anti-Singapore troll, probably a paid umno cyber trooper.

phd my arse!!
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I am only doing master, not phd. M not anti anything. M just want to finish my thesis & am not connected to any political parties, UMNO, MCA, MIC, DAP, PKR, PAS or any mickey mouse parties.
Any forumers who feels disturbed can always ignore my post and has the right to lodge a complain to the LYN administrator. Isn't this LYN is for public?



This post has been edited by Murusundram: Dec 11 2011, 10:20 AM
Murusundram
post Dec 11 2011, 10:43 PM

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Some think I am trolling here. Well you can always ignore my post and report to the administrator.

Other forumers have contributed some input and it helps me. Thank you very much.

I have some points on the property prices, now lets focus on prices of cars especially on the COE issue.

In this south east region, Thailand has the lowest car prices. In Malaysia, the car prices are very high whether local or imported. From the points I have gathered from other sources, it's because of the AP issue that push up all the car prices in Malaysia. AP is a so called 'behind door' method used by the BN cronies to rob money 'legally' from the car buyers. All these cronies become so rich at the expense of the rakyat. All in the name of corruption.

Singapore is the least corrupted country in this SE region but the car prices are higher than Malaysia partly blame on the COE imposed by the Singapore government in 1990. Under the COE, new cars are allowed to be on the road for 10 - 15years. After this time frame, the cars have to be taken off the road. Without COE, the prices are still expensive at par with Malaysian cars (don't take into consideration of exchange rate, dollar to dollar...ringgit to ringgit).

Take example Honda Accord 2.4 litre:
In Malaysia retail price is RM168k.
In Spore, price inclusive of COE is SGD186k. If no COE, price is SGD166k.

Any comments on the above? Is COE necessary? Is COE a burden to the people?
With no COE, the prices still the same level with Malaysian cars. Why is it so since Spore is the least corrupted country (by comparing with car prices in Thailand).


Murusundram
post Dec 12 2011, 10:40 PM

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QUOTE(ky_khor @ Dec 12 2011, 04:08 PM)
Traffic congestion issue is getting worse in Sg. Why are we moving to Sg, just to hope that Sg can be more JB, KL like?

Car park space is one of the worst enemy for city development, according to articles I've read in the past.
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Agree with you. COE was introduced in 1990 to limit the number of cars but it has failed to achieve its objective. Instead more and more cars on the road, traffic is heavily congested and worst of all, car prices have increased to the extent that it's the most expensive in this region. Despite the high prices of cars, Singaporeans never stopped buying cars. In short COE is a failed policy and the people have to shoulder the burden. Crazy25kid was right, land is very limited is Spore. Nothing much can be done to ease the traffic and provide ample parking space.

Prices of other basic necessities like sugar, rice, flour and others have increased as well. That's why many people go to Johor to buy these basic items....partly because of lower exh rate. It benefits the Johor traders at the expense of Spore traders.






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