therat 18 Report post Posted April 26, 2011 eg1 deal : $300k2nd deal : valuation $300k + $30k (COV)3rd deal : valuation $330k + $30k (COV)4th deal : valuation $360k + $20k (assume COV drop)5th deal : valuation$380k +$20k (assume COV maintain)Just continue to add COVNo wonder my block unit can from $370k shot to $460k within 1 yrs Share this post Link to post Share on other sites
forgotten 1 Report post Posted April 26, 2011 eg1 deal : $300k2nd deal : valuation $300k + $30k (COV)3rd deal : valuation $330k + $30k (COV)4th deal : valuation $360k + $20k (assume COV drop)5th deal : valuation$380k +$20k (assume COV maintain)Just continue to add COVNo wonder my block unit can from $370k shot to $460k within 1 yrsHow I wish our salaries grow so fast too? Share this post Link to post Share on other sites
therat 18 Report post Posted April 26, 2011 How I wish our salaries grow so fast too?can.Go and wear white.easily 26% increment and no one question Share this post Link to post Share on other sites
Jgal 0 Report post Posted April 26, 2011 (edited) back to the topic of SER payout.What is a fair deal ?1. Move owners to a similar size brand new flat with longer lease, and give them ard $50k to renovate. or2. Move owner to a smaller size brand new flat with longer lease and give them ard 50k to renovate.or3. Let them move to a bigger flat with a longer lease, an no need to topup ? btw, cost of a 3-rm flat and a 4-rm flat is ard 30% more.The way i see, opt 1/3 is fair to the owner of the ser block, opt 2 is being fair to the rest of the singapore. Edited April 26, 2011 by Jgal Share this post Link to post Share on other sites
therat 18 Report post Posted April 26, 2011 hmm.. ur option 1 and 2 look alike except 1 is "owners", another one is "owner"And one with 50k , 1 with $50k Share this post Link to post Share on other sites
Jgal 0 Report post Posted April 26, 2011 hmm.. ur option 1 and 2 look alike except 1 is "owners", another one is "owner"And one with 50k , 1 with $50kdifferent lah. smaller and similar Share this post Link to post Share on other sites
therat 18 Report post Posted April 26, 2011 different lah. smaller and similar I need to change a new glasses liao.I think eye need some rest.bed time.. Share this post Link to post Share on other sites
marshmallow 0 Report post Posted April 27, 2011 (edited) back to the topic of SER payout.What is a fair deal ?1. Move owners to a similar size brand new flat with longer lease, and give them ard $50k to renovate. or2. Move owner to a smaller size brand new flat with longer lease and give them ard 50k to renovate.or3. Let them move to a bigger flat with a longer lease, an no need to topup ? btw, cost of a 3-rm flat and a 4-rm flat is ard 30% more.The way i see, opt 1/3 is fair to the owner of the ser block, opt 2 is being fair to the rest of the singapore. bro, for Option 1, still need to top up with quite a bit of own money unless the person move from original high floor to new low floor.does anyone has data for the 2007 (or 2006?) enbloc around buona vista area to compare? will be interesting to know how price has changed in these few short years. Edited April 27, 2011 by marshmallow Share this post Link to post Share on other sites
neubie 2 Report post Posted April 27, 2011 don't forget even for option one, $50k can't really do much, reno takes a sizeable chunk, hire mover, purchase of white goods, etc. Share this post Link to post Share on other sites
gimz63251073 0 Report post Posted April 27, 2011 no fair way about things... most people want benefits instead of fairness. So we would have varying degrees of demands.Personally i view the 50k compensationn as reasonable. It may also be a good time to get some new furniture or throw away useless junk (since u know new home is smaller!) but thats just me. Some may view a 100k compensation as insufficient as well u know... Share this post Link to post Share on other sites
bepgof 20 Report post Posted April 27, 2011 (edited) PPls with different "needs" & "wants", hard to please at one go, or hard to have a "fair deal" on relocation.-Older ppls generally dislike/resist "change",whether the "change" will bring them good or bad. Have to use "force" to execute the change. PAP has intelligently translated "forces" into legislation over the years. Legislation = last time's emperor order.- Can we, the commoners, modify the emperor order?- There is no fair deal in this world, exactly the same to "no free lunch", however, we observe the repeating cycles of reality of "big fish eat" and "small fish eat prwan". Big eats small, small eats smaller, smaller eats smallest, tis cycle never stop till end of world.- Be realise that BIG does the speaking.back to the topic of SER payout.What is a fair deal ?1. Move owners to a similar size brand new flat with longer lease, and give them ard $50k to renovate. or2. Move owner to a smaller size brand new flat with longer lease and give them ard 50k to renovate.or3. Let them move to a bigger flat with a longer lease, an no need to topup ? btw, cost of a 3-rm flat and a 4-rm flat is ard 30% more.The way i see, opt 1/3 is fair to the owner of the ser block, opt 2 is being fair to the rest of the singapore. Edited April 27, 2011 by bepgof Share this post Link to post Share on other sites