Re: [EZLINK] Re: Why there is a Sudden EXPLOSION in HDB rentals rates ????
Hi all,
Singapore has standards for everything but no
standards for rates when renting out apartments.
Anybody who owns a house no matter how many rooms it
has, can rent it out for any number they wish.
I think the primary reason is because we opt for
unapproved apartments.
Rgds,
Ram
--- cs_sriram <cs_sriram@yahoo.com> wrote:
> Hi people,
>
> It is good that we have waken up about this sudden
> explosion on
> rental rates. One of my friend took a 2 room old HDB
> in Chinese
> Garden for $1100. That was ridiculous!!!
>
> I think mailing HDB is of no use, instead we should
> mail JTC.
> Because JTC handles the "Scheme for Housing of
> Foreign Talent"
> (SHiFT) where they are committed to providing
> housing facilities
> for foreigners.
>
> Maybe we should start this ball rolling on letter to
> editor in
> newspaper like Today and ask the relevant
> authorities to help us out.
> Some authority could read that and help us out.
>
> We have come here to earn and save money. We
> definitely cant spend
> 40% on rent alone.
>
> Regards,
>
> Sriram.C.S
>
> --- In ezlink@yahoogroups.com, Raja <sekhar08@...>
> wrote:
> >
> > Hi,
> >
> > U R Right. Everywhere the rents has gone up
> ranging from 100
> to 300. Recently I took a flat at sengkang near to
> LRT. It costing
> me 1000 SD. For the same flat earlier the tenant
> used to give only
> SD 600.
> >
> > From the past three years (till end of 2005), no
> body is
> interested to buy the HDB's. So the government also
> try to boost up
> the market.
> >
> > the drastic change in the rents is merely
> because of agents.
> Ofcourse the rates has grown up a little bit high.
> Some people are
> blindly taking the houses, what ever the rent the
> agents are telling.
> >
> > Hi V SriD,
> >
> > Ur Idea is good. If we (at least 100 to
> 200) people send
> the mail to the HDB, they may increase the JTC
> houses or some other
> possible alternatives..
> >
> > Thanks & Regards,
> > Raja Sekhar
> >
> >
> > Singa pore <vsdsing@...> wrote:
> > Good thought after a long time from
> someone
> >
> > The following are my points after making an
> insight into few areas
> here.
> >
> > 1.Most of the Govt holded HDB's are given to
> private agents to
> market/rent out.
> >
> > 2.Fortunately or unfortunately expats like us
> coming here has now
> become more, ofcourse although there is equally a
> reverse trend of
> people moving out of Singapore and going back to
> US/India are there
> but the REAL issue is too many people are back of
> too few "Good"
> Units since in most of the areas the Units are quite
> old and
> facilities lack lustre!!
> >
> > 3. Since most of the expats are ready to pay for
> good Units, the
> trend and ability to pay to agent is grown and also
> Agents are in
> due advantage to make fast buck.
> >
> > 4.Earlier Sengkang was mostly unknown to many
> people and also
> since many people used to think its very far outside
> City limits the
> rentals were ranging between 700 to 800 ONLY but now
> Many people
> have understood that Sengkang is quite neat area
> with huge HDB's and
> moreover damn new Units so now the rents are soaring
> to 1000 and
> above!! Since expats are rushing to pay more to
> grab.....ofcourse we
> cant blame anyone.
> >
> > 5.All Factors added Be it what ever the Salaries
> are not growing
> but the rents are burning the pockets.40% of the
> Salary goes into
> Rentals and Agent fee etc.
> >
> > 6. After paying so much also still there are so
> many Problems with
> either from Owners or Agents.
> >
> > May be we as a forum need to represent and take
> this up to HDB to
> have a uniform or atleast a standard Rental format
> in areas
> depending on the size of the Unit or Age of the Unit
> for Expats.
> >
> > Regards,
> >
> >
> > sm <mavihs@...> wrote:
> > Dear mates ,
> >
> > For the past 6 months , I was observing the HDB
> Rental rates. This
> might
> > have really bothered the fellow expats !
> > Especially getting an approved 2+1 or 3+1 whole
> units are becoming
> more
> > expensive day by day.
> >
> > Six months back one should be able to get an
> approved 2+1 unit
> around 850
> > SGD on a lift floor and near by mrt.
> > And for a 3+1 unit it was around 1000 SGD.
> >
> > We all know that this is not today's situation.Now
> 3+1 units are
> being
> > rented out in a condo rates !!!!
> > Am just wondering what could be the cause !!
> >
> > Is there any hike in the real estates anounced by
> government ???
> Or the
> > somebody / some group is taking advantage on the
> demands from
> expats.
> > It should be noted that still we can get a 2+1 JTC
> unit aroun 850
> SGD.
> >
> > Any thoughts to share ?????
> >
> > regards
> > sm
> >
> > [Non-text portions of this message have been
> removed]
> >
> >
> > ---------------------------------
> >
> > Real people. Real questions. Real answers. Share
> what you know.
> >
> > [Non-text portions of this message have been
> removed]
> >
> >
> >
> >
> >
> >
> > ---------------------------------
> > Get your email and more, right on the new
> Yahoo.com
> >
> > [Non-text portions of this message have been
> removed]
> >
>
>
>
>
>
>
>
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