forgotten

Oops I always fill my washer almost 100% full with clothes. After the water wets the clothes thoroughly, it will become 1/2 to 3/4 full. Am I killing my washer haha?

Your sis's neighbour better buy your sis presents for coming Xmas LOL. Max no of ppl allowed in 4 room is 9. She suka suka can report him to HDB.

Ti Gam Ti Gam one. I scored a lousy grade for my O level England lor.

Haha sekali it was a typo made by author. The word 'buyer' could be 'seller' instead? Should I buy or sell? With the new rules, it is a better market for home buyers than sellers, so buyers should take the opportunity to negotiate a good price for their dream home. Buyers SELLERS should not be too inflexible, as prices will most likely fall with increased supply.

I missed all the boats sob sob... Nevertheless I'm glad I still have a tiny shelter, at least not homeless.

I read on forum that some expatriates who work in Jurong/Tuas area even go to the extent of renting and buying houses in Malaysia near the 2nd link to save on rental.

True. I'm one example who missed the boat in 1st quarter 2009 because I thought the prices would drop further in 2009 LOL.

Mr House Man, see you are so important in your house. You should feel proud of your achievements (House+Car+Wife+2 Kids)!

As long u are happy with the car and house etc, don't have to bother about what others think. It's your money and your life afterall!

Cannot play play... Now if a man doesn't pay wife her due maintenance, police will catch him.

My hubby: Buy car, Buy gf, Buy wife, Rent room, Buy flat... He should have bought flat first because property price appreciates faster than the rest haiz.

Btw many landlords are increasing the rents of units after the new property measures. I read some complaints on expat forum etc.

Only resale HDB can meet your complainants' requirements hehe. The BTO units are hardly near MRT stations and have smaller floor area.

I think it's because their BTO will complete in 4 years (projected completion date) and resale HDB's MOP is 5 years. Their BTO flat's keys will come before they can fulfill their resale HDB's MOP.

My hubby and I "cheong" resale HDB because renting a room for 4 years will cost us 28K. Our BTO takes 4 years to complete, including paperwork of 1 year before HDB starts construction. It's not possible to stay with our inlaws because my hubby's sister chased us out. For my friends who bought resale HDB as first purchase, their reason is to have a baby soon because the wives are in 30s.

I'm curious why 25% of the applicants gave up their chances to book units for Dawson BTO? I thought it was a very hot BTO.

Yeah more people are looking at the resale market, plus people are placing their lots in the Balance of Sale box instead of BTO box this month. The current Yishun BTO also has a foreign worker domitary opposite the road, some people may not like it. Those who don't strike lucky in this Balance of Sale will probably place their lots in next month's BTO box. BTOs released by govt aren't that cheap. The high floor units for 4 room are >300K.

Singles are inside the list too. They can't buy direct from HDB.

"How much will prices fall by? Based on past and current trends, prices will fall about 10 per cent this year, and 20 per cent next year." His claim of 30% drop in price = a market crash leh LOL!

Yap, can go ahead with the scheduled ROM date and rent a master bedroom to stay first. Don't let the efforts that was put into the ROM go down the drain. My hubby and I did that.

Don't worry. Most agents would have earned enough bucks in past 1 year plus of good time to last them through. My agent friends earn >20K per mth. I agree that people network is important for agent and other sales job.

Sep 13, 2010 Muted sales after new property rules kick in Buyers waiting for prices to drop, but developers hold steady By Esther Teo LOW BUYER TRAFFIC: Two weeks after measures to cool the property market were introduced, showflats for Waterfront Gold (above) at Bedok Reservoir Road and Flamingo Valley in Siglap saw only a handful of visitors on Saturday. --PHOTOS: FRASERS CENTREPOINT HOMES View more photos IT IS fewer visitors and even fewer sales for property showflats across the island as buyers play a waiting game in the hope of seeing prices fall. However, developers have yet to blink, with asking prices at most showflats holding steady, with one - NV Residences in Pasir Ris - even raising prices marginally at the weekend. Two weeks after measures to cool the property market were introduced, NV Residences bucked the trend of muted sales with a strong showing of 90 units sold at the Hari Raya weekend. This brings total sales to 250 out of 300 units released. Eighty per cent of buyers were Singaporeans; the rest were permanent residents and foreigners, a City Developments (CDL) spokesman said. Prices were raised by between 1 per cent and 2 per cent at the weekend from its average selling price of $830 per sq feet (psf) when the condominium first previewed last Wednesday. The 642-unit condo is the first large residential project to be released after the Government introduced new property rules on Aug 30. The new measures included tighter lending rules for home owners with existing mortgages looking to buy another property. They can now borrow up to only 70 per cent of the value, down from 80 per cent. Those who buy an HDB resale flat on or after Aug 30 must also dispose of their private property - including any held overseas - within six months of the HDB purchase. When The Straits Times visited NV Residences on Saturday afternoon, more than 100 potential buyers crowded its showflat at Pasir Ris. Madam Linda Tay, 55, who bought a two-bedroom apartment there, said she was unaffected by the new rules as the mortgage on the HDB flat she and her husband have been living in for the past 22 years was paid up. 'This is a long-term investment for us, we can rent it out or pass it on to our children...We think it is better than just leaving our money in the bank,' she said. PropNex chief executive Mohamed Ismail said the project's good location and reasonable pricing were key to its strong sales. Other sites sold to developers this year are expected to be launched for up to $1,000 psf, given their break-even prices of about $800 psf, he said. Another analyst said that NV Residences, as the newest launch on the market, would attract the most buyer interest. At other showflats across the island, buyer traffic was down, with only a handful of visitors at any one time. It was a quiet Saturday afternoon for the showflats at Waterfront Gold at Bedok Reservoir Road, Centro Residences near Ang Mo Kio MRT and Flamingo Valley in Siglap. Some agents said the number of walk-in buyers at showflats has dropped by up to 10 per cent since the cooling measures were introduced. Far East Organization's Centro Residences did not record any sales at the weekend. Phase Two of 319-unit leasehold project The Greenwich at Seletar Hills saw nine homes sold, bringing total sales to 225 out of 265 units launched, at an average selling price of $1,074 psf. Frasers Centrepoint Homes declined to give weekend sales figures for Flamingo Valley and Waterfront Gold. DMG and Partners property consultant Brandon Lee said it was unlikely developers would lower prices immediately as the strong run up in property prices and sales over the past year have given them a strong holding power. Mr Ong Kah Seng, Cushman & Wakefield Asia-Pacific research senior manager, said that for prices to fall, take-up must first moderate, reflecting the onset of a contraction in homebuying interest. 'Developers and home owners are reluctant to lower prices and...will consider doing so only when all circumstances dictate a necessity,' he said. But PropNex's Mr Ismail said that while it was still too early to expect any price adjustment, the mass market segment might see a 5 per cent to 10 per cent reduction in prices should the take-up rate in newer launches be lukewarm. 'This will probably unfold in the next couple of months,' he said. esthert@sph.com.sg

Sep 12, 2010 Wait-and-see over property measures Analysts say more people are sitting on the sidelines and prices unlikely to head south any time soon By Joyce Teo, Property Correspondent NV Residences in Pasir Ris Grove surprised industry players with robust sales despite coming on the market after the property cooling measures. It attracted 160 buyers on its preview day. -- ST PHOTO: BRYAN VAN DER BEEK Last Wednesday, one mass market condominium project in Pasir Ris attracted 160 buyers on its preview day. This caught many property experts by surprise because the Government had just announced measures aimed at cooling the property market on Aug 30. But the market has since largely settled into a stalemate, as buyers wait for prices to fall while sellers refuse to budge on their prices. But property experts say robust sales at the 642-unit NV Residences in Pasir Ris Grove have not affected the general mood in the market. 'Most people are still in the wait-and- see mode,' said ERA Asia Pacific associate director Eugene Lim. 'NV Residences is near the MRT station and keen buyers got the first cut. This was the initial response, which is usually good,' he said. 'We'll have to see how quickly the rest of the project sells.' Experts believe buyers were likely drawn to the project's affordable pricing. Also, agents had started drumming up interest in the project some time back, before the cooling measures were introduced. Said ECG Property chief executive Eric Cheng: 'We can't judge the market by one launch. There are other projects that are not performing as well. 'I believe market sentiment has been affected by the measures and developers will have to be realistic.' Property experts say sales volume will drop as more prefer to sit on the sidelines. They are unsure if prices will head south but if they do, it will not be any time soon. Mr Cheng's advice for buyers is: 'If you're not in need of a property immediately, you can wait a while. We feel that prices will stabilise or fall slightly by 3 per cent to 7 per cent.' The new measures include tighter lending rules for those with existing mortgages looking to buy another property. They can now borrow up to only 70 per cent of the property's value, down from 80 per cent. Those who buy an HDB resale flat on or after Aug 30 must sell their private property - including any held overseas - within six months of the HDB purchase. 'I think the HDB resale market prices will correct first,' said Chesterton Suntec International's research and consultancy director, Mr Colin Tan. 'If we bar investment monies from flowing into this HDB segment, prices may start to correct, especially if these hot monies have been mainly responsible for the rise in resale flat prices.' But at the moment, liquidity is still very strong, said Mr Tan. 'It is a global problem and it is not easy to tackle... We may have slowed down the price increases, but prices are still rising.' Another property expert said: 'We will have to wait till the end of the year to see if there is a price correction in the HDB market.' But certainly, 'sellers can no longer ask for high COVs unless their flats are very special. For example, if they were very nicely renovated', said ERA's Mr Lim. COV is cash over valuation, the amount of cash a buyer has to fork out on top of the valuation price. An experienced industry source who declined to be named said: 'Things won't likely change very much in the next few months. 'I think people will still buy and prices may still rise. We will have to wait till perhaps early next year when supply kicks in, in both the HDB and private markets.' The Government will offer more than 16,000 new build-to-order flats this year and up to 22,000 next year. It is also pushing out a record amount of land for sale in the second half of this year. joyceteo@sph.com.sg

Straits Times News - HDB only' rule won't stay Sep 11, 2010 http://heresthenews.blogspot.com/2010/09/o...e-won-stay.html

Now everything getting exp, must drink rain water liao haha.