bepgof

HDB forgot to input th eligibilities for those non-subsidised owners. I "thought" the same initially, that was why I did not action earlier until Warrior highlighted, subsequently I asked HDB via email - 1st reply was "cannot", emailed again to highlight I was "non-subsidised" flat owner, then she said "can", and I actioned.

Even today you buy a hdb resale with non-subsidies (there are quite a few types of subsidy), whether bank loan or hdb loan, you still are allowed to buy a pte property the same day or day after. But you must make sure you stay in HDB flat till MOP is up. However, the pte property (new or resale) is subject to 3 yr SSD, and 10%/70% rules kick in for 2md loan. This "encourages" entrepreneurship of flat owners to work harder to get a pte unit soon. Next, if you have a pte property and now "wish" to buy hdb resale, must sell away pte within 6 month( date starts count from 2nd appt date) after got the hdb flat. This "penalises" those rich (stay in pte is rich meh?)who stays in pte to acquired a hdb flat in parallel.

Can score 95%. The remaining 5% is on the loan portion. Not necessary only bank loan, Can take HDB loan as well and yet considered as "non-subsidised". Wow, your pocket par par, like typical china national, everything settle by CASH. CASH is king. Let banks earn a bit lah.

Mosquitoes at yr side got powerful wings.

Obviously you adopts Sunsze's strategy well which says: 兵来将挡 水来土淹。Well done! Keep it up.

Must explain in details lah. The issue here is : BTO= subsidised flat. If you buy resale & non-subsidise (no grant taken), then you can buy pte pty at any time you like,like me lor, hehe & haha.

Paiseh, sorry har. Ya, He looks dum dum, look like he needs electric shock instead of buzzle bell.

No electric fan? Ceiling, wall or standing fans? Female mosqs' wings can't fight with moving wind. Go chinese medical hall get a bottle lemongrass oil. A few drips on paper scare them far far away!

You agent seemed not working hard enough. For pte resale, buyer better to create a list of inventory, mark those items supposed to be remained, during OTP signing stage, A day or a few days b4 completion, down to site & check against the list with yr agent. No list - what to inspect? See walls got lobang?

I'm talking about dragon Lee.

I supposed warrior's brain is more squarish, your more round. Gov scholars' inclusive of all shapes to tackle ppls like us.

Thank for the link. May I know where you get yours? I very "siao" able star constellation, both oriental & western. You can see some of my posts in the geomancy thread, sun/earth/moon movement and calendar.....

Must read many curves & charts and do addition, substraction, sorting .....where got ppl passing the food you want near your mouth? Must go to the right stall, at right time, pay money, wait, look for a seat & enjoy the meal - simple logic lah, how come have not seen through?

In Singapore, cpi typically =< 5% yty. If price of any one of the items in the "whole basket", shoots up to >10% qtq. Lee SL's office buzzle will sound. Some yrs ago while he was trade minister, he changed the "basket monitoring system" from yearly to quarterly (every 3 months), ppls around him all tensed up. This enables gov to response quickly, but this round, should be some scholars manipulated the buzzle and reduced the sensitivity.....theses scholars' heads going to roll on ground liao.

Ask the one who told you to elaborate. Logically speaking, the damage should be borned by the party who's caused the late completion, or who expressly asked for "late" completion. However, on the other hand, seller "earns" by able to stay longer. Resale pty usually takes abt 12 wks to exchange ownership, however there is a blank field in the OTP doc, which specifically for seller to fill in the intended completion date (last day to submit keys....)I'm not sure if you are aware of such. The "late completion" is defined as any other date later the date stated in this field, it is quite unlike HDB's OTP, which HDB and both buyer/seller have the say. While selling my pte, I specifically asked agent abt this, as I anticipated & for safe reason, I would take longer than expected date to move to HDB due to major reno (close to cny) & agent specifically highlight the field to me. In common law, seller is entitled to seek compensation arises out of dispute to earlier agreed completion date(in OTP). Beside based on the proceeds amount being received late (charge u prevailing mkt interest), there could be some other tangible or intangible damages done to the seller due to the delay..... Doc only mentions seller/buyer entitle to seek compensation due to disputes, but never specifically mention HOW.... Not to let yr imagination run wild, give u examples: 1. If the late completion has caused seller not being able to procure a property in due time and has "lost" the deal, consequences could be serious. 2. The interest to be earned. Say "late" amount = 500K, prevailing interest rate at 1.0% pa, and delay = 2 months. Interest payable = 500000x 0.01 x 2/12 = $833.3, so now you know roughtly the amount of the said "angbao"?.

The group of scholars must have "thought" of this already laio. Transfer title deed for a fully redeemed pte property is easy, problem is the loan still carries "yr" name. Worth to resort to all "techniques" just to buy a resale HDB?

Paiseh, mis-understood yr question. There is no such thing as "late completion penalty", not to mention any formular. I suggest you to settle this in the form of "Angbao" as a goodwill gesture of appreciation. If the seller is objective and understandable sort, you should "open book" disclose your difficulties to him.....

Are you refering to Liquidated Damages? That has to depend on the contractual documents signed between developer & BCA in the initial. Usually the penalty amount is calculated based in term of weeks (1 yr= 52 wks). If using "day" will give rise to ambiguity like "non working day", 'holiday".... May I know what is happening?

Within a day, I've read a few "reports" generated by investment firms like morgan stanley, BNP, UOB....these report, more or less said the same as what u wrote. The 2 "drivers" are "on" - influx of "foreigner" + 'low interest". And presently completed homes are under supply. Gov is speeding up BTO from 2.5yr to 3 yr (hopefully no more Hotel New world incident). What the visible hand does now is changing rules hope to "suppress" the buying spin. Singaporeans (or ppl in Singapore)are clever with sharp eye and powerful brain will adopte a "wait & see" approach first, meaning that transaction will drop first, not necessarily price. "Leaders" or "Heros" are always the ones with highly "entrepreneuship" loss the patience to "wait & see" and chiong to buy and starts the spin, followers come, and "visible hand" come as well. Likely 3~4 yr later when more homes are completed....mkt cools automatically by the invisible hand, if too cold, then visible hand comes. There are no new things under the sun.

Absolutely & fundamentally correct. Those measures introduced are believed to be "temporary", which aim to curb speculation, as well as to deter "crazy buying spin". Gov knows very well population growing rate is > than home completion rate & actually there is a shortage of supply of home. "Smart Singaporeans" see this and try to have "2 homes"-one for rent, the other for own stay. This is what exactly happening. With the low interest available in the prevailing and fierce competition among banks is like adding oil to fire. Gov is speeding up construction, & releasing GLS (a bit "late", better than non). Reduce BTO from 3yr to 2.5yr(compromise in safety? quality? we shall see). Previously I was mentioning there seem to be having some communition error between Statistic Board and URA/HDB/SLR, or some lag/delay of data collection problem which leads to present's situation (# of ppl vs # of home). What's happened to those high-pay office scholars who are good at "calculation"? Going forward 2~3 yrs later, will there be "over supply" of home and land? I'm not the highly paid scholar, not responsible for such calculation, however, demand/supply/substitution/invisible hand/visible hand theories all hold true, and be "prepared" for "over supply" issue in coming 3~4 yrs and the impacts, I believed, will be worse than what the "visible hand" is now doing.

The only source you can get is from statistic department, but quite brief. http://www.singstat.gov.sg/pubn/reference/...nts.html#Prices

Seem only you & me very "siao" abt to see far far objects, my one already "moulded", ever brought to seaside to see star, like a rocket launcher, many ppl looking like "siao". It was more than 10 years ago. I've vast hobbies, my wife always said I siao & waste money. Why keep so much money, right? Hope your hobby keep going. Good luck.

How many mm of yr telescope?, magnifying eyepiece X how many? I must admit that the setting up takes quite some time. TC sure not approve any immovable mechnical mounting, no point writing to them. But the stand putting at window ledge is too obvious, sure got ppl see already thought you are peeping tom & make complain. Not much thing to see at moon, all the rought surface, somemore got clouds passing by. Good to see far far objects during day time, difficult to manually adjust the angle. Shifting a bit only, object "disappears".

Disclaimer: I'm not expert, received many reports via email on the effects of the nw ruling, summary here: 1. Mass segment most hit, transactions will decrease 30% within 3-6 months. Lead to some moderation in mass pricing. 2. 8k-10k would impact hdb resale market. Indirectly affect future source of "upgrade" demand for mass-end private homes. 3. Buying pattern may be changed, 3-1. dominance of foreigner buying 3-2. preference for smaller units for locals 4. Likely to have compounding dampening effect on sentiment. Tightening of public housing policies impact multiple owners. Sorry, too much to key in, if you want the report, can PM me with your email.