waileong

Say $1,000 per month? $500+ childcare (you'll need it eventually, unless your inlaws want to take care of the children for you) $200+ enrichment programs $200+ extra food, diapers, etc. $100+ misc

Unlike cars, property is supposed to appreciate, not depreciate. That's why people do enbloc sales, because they make so much money, esp. those owners who purchased long ago. But I'm sure you also have parents or grandparents whose flats current price are much more than their purchase price 20 years ago.

Perhaps you did not see the phrase above, "other things being equal".

Why deal with such an ID? Tell him it's your policy not to deal with companies who refuse to provide written quotation.

$20k, what's the point of hiring an ID? Go for contractor straightaway. The good ones will have done so many houses they know what to do the minute you tell them what you want. The only difference is you don't get fancy 3-D drawings.

It's one way of thinking, but it's not necessarily traditional. If a 99-year property can appreciate after 30 years, a 999-year property will appreciate more, other things being equal. What's more important is that the loan amount a buyer can get will not be determined by the length of the remaining lease, unlike 99 years. The enbloc thing cannot keep going forever. You can only enbloc once. Once all the old and big apartments have been sold enbloc, they'll be replaced by modern pigeonhole apartments. No one will buy them enbloc 30 years later because the redevelopment potential will be no more. It won't make sense to buy pigeonhole apartments enbloc and replace them with new pigeonhole apartments. So if you buy a new 99-year apartment now, don't hold your hopes up too high for enbloc 30 years down the road.

I don't agree with your thought. It's unnecesarily paranoid.

You got this wrong. Property exemption is up to $9M. Other assets is up to $600K.

You forgot that the owners appealed and got a higher payout. Anyway, what's your beef? The Act has been around donkey years. You have to be smart when you buy a house. Certainly don't buy one next to the road (in case of road widening), etc-- any good agent will advise you.

What kind of question is this? Post-purchase cognitive dissonance at work here? Frankly, it doesn't matter whether it's reasonable. You can't back out now.

That is true but they have to show public cause, eg for building roads, and they have to compensate you at market value or close to market. You can imagine the effect on foreign investors if the govt were to just acquire land for no reason, no responsible govt would dare to use such power frivolously. I think the answer will be clearer if you track the historical performance of property vs other asset classes (eg gold). Cash is the worst, of course, since it doesn't do anything except suffer from inflation. As an investment, property is one of the best long-term assets-- it's tangible, real and valuable. There's one thing they're not making more of, and that's land. If you live in it, you save the cost of rental. If you rent it out, you earn rental income.

I think that's a coincidence. Our govt became smarter over time and decided to sell 99-year leases rather than give away the land in perpetuity (or 999 years, which is essentially the same as FH). Thus most of the newer plots of land release are 99 years, many of which are nearer to MRT's. For long term stay, and to pass on property to your children, FH/999 is best. 99 years property is great for investors and those who cannot afford FH.

This is a faster solution. Housing is affordable, esp. from HDB when everything can be taken care of thru CPF, no cash up front and low interest loan too.

You don't have such a right. Your ID will do whatever you want if you pay, as long as it's legal. Building up a plain wall is cheap, just a few hundred dollars. Fitting in a door is a separate matter, you can have a cheap $200 door or an expensive $2000 door.

You are not going to be shot if you don't follow your contractor's instructions. Since you have some time before your reno, my blog might help you. http://www.renotalk.com/forum/index.php?au...;showentry=3083

My blog might help you. http://www.renotalk.com/forum/index.php?au...;showentry=3083

The more important question is, can you afford 50-100k in cash?

Plaza Singapura.

You can do whatever you want with the quotation in your hand.

Worry only if you are trend chaser.

It has something to do with ths sun? Solar cells. Electric energy. Power to Heater.

Start saving your pennies.

Electric ignition will cost you more, as you need an extra high voltage power point, you'll make the electrician happy.

It should still be warm.

Most people would do the opposite if they could. It takes less than 5 mins and you can store hot water long enough for a day's use.