If any of you caught the news yesterday. There are some HDB shops - TopicsExpress

If any of you caught the news yesterday. There are some HDB shops for sale at Toa Payoh central. A very nice location, close to the MRT. Price is $65 million for 4 units with a 57 year lease remaining. Assuming the banks are kind to lend us that kind of money(which they never will), we would need to pay $274 000 in repayment a month for 30 years. To cover that we would need to sell about 6000 bikes a month or about 200-300 bikes a day. Nowadays we would be happy to sell just 2-3, so were about 99% off target.

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