MAS Imposes Financing Restrictions on Motor Vehicle Loans

[brosiss]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Yet another new gantry. Just before the F1 pit building.

Ha ha ha... All F1 race car must install IU to race here now.. Imagine the number of laps they have to make in the three-day race.

LTA Huat ah... Justify the road closure loss of income..

 

[brosiss]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

I paid 1.50 on CTE yesterday on my way home and there is no jam at all. I am sure I post this before...

So wtf is the quarterly review of traffic conditions at all ERP gantries doing??

Yes, their review outcome is $1.50 is effective in controlling the traffic at that time.

 

[jawzsg]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

LBW don't know how to appeal actually, she forgot to mention that all building ancillary services involved alot of FWs, the increase in levy plus property tax and what not, hurts the landlord. So with the problems already faced by my 235-car friend, he also need to cope with remtal increase. The canteen there already raised the food price due to higher cost of cleaners and will be uping pricesagain when rental is rental is raised.. kachang puteh will cost $2.85 per 100gm.. very jialat.Further to that she should also submit the FCs of all the 235 cars...MW told me this is very good supporting statistics. ... this MP failed ... some more didnt mentioned AC323 name, Brobot commented like that not Sart .... tsk tsk tsk

 

[wobbles]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

I spoke to one of my friends today. He runs a contract cleaning company - servicing town councils, hospitals and even Changi Airport. Big time bauss.

I asked him about the workers levy increase, and how that would dent his F150 LaFerrari dream. You know what he said?

He said: "Garhmen think we gong issit? They up workers levy, I charge the town councils, hospitals and the airport more lah. Who ends up paying? YOU fellas. Do you really think ANY business would swallow these costs and not pass them on?"

"Garhmen effectively screwed all of you guys".

I kept very silent. When he get his LaFerrari, I will go scratch his car door. KNN.

 

[diablo_728]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Why don't they do 50% downpayment for housing? Prudent mah. No downpayment go rent house.[/QUOTE

all they need to do is make ppl declare where the downpayment money comes from.

 

[porky88]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

i will do exactly the same... that's how businesses are run. This is assuming they have pricing power...

want to know how sg will be like in 2030.. look at switzerland... where everything is expensive...

I spoke to one of my friends today. He runs a contract cleaning company - servicing town councils, hospitals and even Changi Airport. Big time bauss.

I asked him about the workers levy increase, and how that would dent his F150 LaFerrari dream. You know what he said?

He said: "Garhmen think we gong issit? They up workers levy, I charge the town councils, hospitals and the airport more lah. Who ends up paying? YOU fellas. Do you really think ANY business would swallow these costs and not pass them on?"

"Garhmen effectively screwed all of you guys".

I kept very silent. When he get his LaFerrari, I will go scratch his car door. KNN.

 

[jawzsg]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

I spoke to one of my friends today. He runs a contract cleaning company - servicing town councils, hospitals and even Changi Airport. Big time bauss.

I asked him about the workers levy increase, and how that would dent his F150 LaFerrari dream. You know what he said?

He said: "Garhmen think we gong issit? They up workers levy, I charge the town councils, hospitals and the airport more lah. Who ends up paying? YOU fellas. Do you really think ANY business would swallow these costs and not pass them on?"

"Garhmen effectively screwed all of you guys".

I kept very silent. When he get his LaFerrari, I will go scratch his car door. KNN.

In time to come, I'm apt to believe the price of durian shells will also go up... but that's could be good news for you... 8)

 

[brosiss]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Budget 2013: Car dealers will be given time to adjust to new rules
Singapore|Updated today at 03:49 PM


The Government will extend the period of which car dealers are allowed to own used cars from nine months to one year.

It is also studying how to better determine the Open Market Value (OMV) of the car by taking into account the depreciation in the value of a used car, when applying them to the appropriate tier of loan restrictions.

These moves was announced in Parliament by Deputy Prime Minister Tharman Shanmugaratnam in his Budget debate round-up speech, in response to pleas to help car dealers adapt to drastic curbs on car ownership introduced last month.

"To help used car dealers make adjustments, LTA (Land transport Authority) will give them more time to find buyers for their cars, by extending the temporary transfer scheme for used car dealers from the current nine months to a full year," said Mr Tharman.

 

[Cars4fun]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Budget 2013: Car dealers will be given time to adjust to new rules
Singapore|Updated today at 03:49 PM


The Government will extend the period of which car dealers are allowed to own used cars from nine months to one year.

It is also studying how to better determine the Open Market Value (OMV) of the car by taking into account the depreciation in the value of a used car, when applying them to the appropriate tier of loan restrictions.

These moves was announced in Parliament by Deputy Prime Minister Tharman Shanmugaratnam in his Budget debate round-up speech, in response to pleas to help car dealers adapt to drastic curbs on car ownership introduced last month.

"To help used car dealers make adjustments, LTA (Land transport Authority) will give them more time to find buyers for their cars, by extending the temporary transfer scheme for used car dealers from the current nine months to a full year," said Mr Tharman.

Curious ?? Does this really help?

 

[jawzsg]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Curious ?? Does this really help?

YES ... help COE prices to stay high..

 

[Shev]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Tharman sound as if all these factors and consequences had not been considered before Budget release...

Now want to play good guy and savior of the souls.

Anyway I already hear from a few friends and colleagues that they wan to buy 2nd hand car now because dealers slam down the price just to clear stock.

 

[jawzsg]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Tharman sound as if all these factors and consequences had not been considered before Budget release...

Now want to play good guy and savior of the souls.

Anyway I already hear from a few friends and colleagues that they wan to buy 2nd hand car now because dealers slam down the price just to clear stock.

hmmm... sounds like.. "I'll sentenced you to death,.... but let you go KTV enjoy one night before execution..." ... it is a very kind gesture me think.

 

[wobbles]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

hmmm... sounds like.. "I'll sentenced you to death,.... but let you go KTV enjoy one night before execution..." ... it is a very kind gesture me think.

The KTV got xmm or not? If dun have, no kick....

 

[jawzsg]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

The KTV got xmm or not? If dun have, no kick....

some say .... kenntona working there one... Shhhhhzzz....

 

[milk15]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

The KTV got xmm or not? If dun have, no kick....

If have....... Can you go???

Booby Tay ask.....

 

[wobbles]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

If have....... Can you go???

Booby Tay ask.....

Alas, durian trees are everywhere....

 

[detach8]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Don't say Durian trees... yesterday I go dempsey saw ppl selling durians... WIN

 

[kenntona]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

some say .... kenntona working there one... Shhhhhzzz....

NNB you cameltoe face !!!

 

[C3P0]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Sart, this thread can reach 100 pages. I think at least 80 pages are non-OT posts.






HUAT ARRRRRRG!!

 

[Soifon]

Re: MAS Imposes Financing Restrictions on Motor Vehicle Loans

Don't say Durian trees... yesterday I go dempsey saw ppl selling durians... WIN

Yea.. the stall there shifted to the back lane near CM-PB...