bepgof

Now got a clearer picture of yr situation. 1. Just spoke to & confirmed with an agent friend : The COV to go into cpf account issue is still in a "discussion" state, expected to be in force pretty soon, likely to be after the General Election(PAP & WP candidate-would-be, just knock on my door last night & the night before), as the present's high COV issue seemed getting "out of hand". PM Lee in March, in his speech, already "hinted" not only this but may include "all profit" to go into cpf account & the minimum sum keep increasing....hor hor hor 2. If this ruling(COV issue) to be into effect, there bounce to have a "cut-off" point/date, I believed, you are safe. Seemed the "50% proceed to go into cpf if apply for 2nd hdb loan" ruling not applicable to you, cos you have effected the 2nd HDB loan before the announced date. 3. You have paid 10% to your BTO flat, and can get bank mortgage load up to 80%, and now empty money in CPF OA, yet you need the remaining 10%.... wow, really headace. Reno cost yet another burden ! 4. Have to thick-skin a bit to borrow this 10% from siblings/friends already. Forget abt the bridging loan. Reno loan still can settle later. 5. Quickly get a 80% mortgage loan without lock in period + the 10% cash, then get key & apply reno loan, wait for 2nd appt, then you will be more relaxed. 6. But, remember the "3 month in advance clause" in mortgage loan. Once know the 2nd appt date, calculate the timing, quickly inform bank yr intention to do full redemption, so you can save some interest. 7. Wish you can settle mortgage loan, 10%, reno loan & move in to your BTO before 2nd appt. Only then you can shake legs.

I personally strongly believed in learnt the fishing skills and catch fishes at one's own pace, instead of being given the fishes. Take time to learn/practice the skills to perect the skills, ppls nowadays instilled with "efficiency-oriented" minds & thought $$$ can settle all things. My philosophy is to understand , appreciate and thus develope sense of "enjoy" of taking part in the process......$$$ comes second.

Froggy, some unclear things here: 1. You're taking HDB's 2nd loan for the new house?Got apply HLE? 2. One person/couple, depending which scheme, cannot own 2 hdb units at one time, so u cannot collect keys for new house because of this policy, right ? But there is a "overlapping" allowance time, not such how long is this period. Anyone cares to enlighten? 3. Why the bank says COV goes to cpf account? Unless you are taking the 2nd HDB loan, then 50% of CASH proceeds will go to cpf account under new rule. U would still have some CASH receivable.

Congrats, keep going on.

Scientifically, you should already know yr "strong points" & "weak points", likes & dislike & character & which "qualities" are more dominant, ie Active, public speaking, got "charm" like a light bulb, always precise mind like scientist/mathermatician, do thing like to be precision (perfect), .... In management, we know that human's style is very inflexible (old habbit die hard, or you can't teach old dog new tricks...)instead of change your style to suit the job, it is always wiser to find a job which fit in our "comfort zone". Should stay focus on WHATs you want and plan,organise, lead & do minor correction along the way to achieve the goals, instead of hoping by placing "Ikan Bili" items can improve your luck. Must always analyse the situations & tackle to the root cause. Or if you're really desperate, get a fsm is another way, but has to be open to him & tell what your desires, so he can do the analysis correctly and apply the right "medicine". Heard of "make things happen" & "wait for things to happen" theories?

Check the past year trend, will give u some indication: https://secure.sgs.gov.sg/apps/msbs/soraForm.jsp Personally find unlikely banks to increase rate in near future (6 months), S'pore will follow the "big brother" to make the mix of currencies in one basket make sense. "you up I up", "you down I down" - better be follower be than leader in this mattery as S'pore is small. Money =m1+m2+m3, see MAS's monetary & fiscal policies. India & China also up their rate to "tarak" & "absorbe" the "liquid" into banks, so make no flooding over country. Too liquidity up CPI and currency worths "less value".

Har? COV go to cpf account? No lah, what goes back to cpf is (valuation - what you have paid by cpf over the year -accrued interest). Can use yr singpass to log on to CPF board to find out the exact amount need to return to yr account if were to sell yr property. The balance + COV are cash.

Aiyo, don't say like that. Experience counts.., 2 experences only, so far. 1st in 2006, borrow $$369K for a condo, did partial, then full redemption, filled up forms here and there, meeting up at lawyer firms, see doc fly here & there. 2nd in 2009, $466K, doc here & there....lucky got wife keep/file all these doc orderly. Kena one time, mentally not prepared, bank revised interest rate dur to unrest in middle east, luckily it was within 6 month after 1st disbursement, I could switch to "fix" rate. After that my wife loves "fix" rate very much, no matter how I present the interest figure we could have saved, I gave in. I'll seach for the interest revised notice letter & scan and post it here, if I remembered correctly, should be about $200 increase monthly!. hope can give some awareness to someone who read. Also ever approached banks for bridging loan, but gave up the idea cos of the interest rate.

Not "job-fit"? Human-relationship skills no good? Too many "gossiping" ppls around you? Feel no "strength" and depressed? Let's recognise the fact that it is not that easy to find a "right job" which "fit" our skill/likes/characters, one always has to "blend in" to the environments, some can do it easily some just very "stubbon"- insisting his own styles. Human relationship building is a "2-way" traffic and its take time....... Take a short break, organise your thoughts, do some physical exercise. Ask: worth to carry on the job?, start new search?, time frame?.... Above are what I will do if I were in your situations, as layman. FS knowledge will encourage me to ask these: - Which elements are "excess" & which are "shortage", in environments(workplace & home) surround me. - My style "collide" with job requirments? From what you described (briefly) seemed that you are experiencing some kind of "mental unrest" and felt some negative Qi surround you to stop you from doing things positively, if true, I guess & suggest: 1. You have "too many" activities in you daily rountine, and your home are "messy". The "fire" element is dominant. 2. Try increase the "Metal" element in you home by eg: folding clothes/towel.. nicely, put in respective place, do a spring-cleaning, throw away those unwanted, keep things nice & tidy & in place, do some "planning" before actions. "Metal" Qi helps bring in wealth. 3. "Water" element could be excessive which causes "depression" and relunctant to interact (improve) relationship with others. Avoid "blue" color things in nature, like shirts, cups.. Stimulate "Earth"- increase "brown/yellowish" color in yr daily life - eg ,wearing "b/y" shirt, put "b/y" woodenbaskets in kitchen, put photoframe in b/y,cup... I'm sorry to say that putting 1 or 2 static "fs items" would not help stimulate your flavourable/required "Qi"s. One must first identify which elements' Qi is "short" or "excess" in his environment, then do compensation to suit him. Do some reading on fs-related articles or books will help increase knowledge on this area..

Oh! thank for the web site, I understand the bagua, I've read "I-cheng" also. I understand the lunar calendar methodology - use moon as reference, 12 month a year & every 60 years one repeat the whole cycle. I understand during Jun 21/22 or Lunar's 7th month, Earth is the most further distance away from Sun (longer day, shorter night), but received maximum "radiation" of sunlight at northern Semisphere, but can't "digest" or can't find any "convincing" theory of assigning "direction" to the 5-element. Note: I'm electrical/electronic trained, a baptised christian in 2002, the one and the only family members among 9, believed in One God. I'm married with 2 children, aged 15 & 13 (boy & girl)

May Wee, found the metal ball? As promised, hope not too late, try this Lytox Technologies Pte Ltd. Chrome/carbon/stainless steel.... balls. Download the spec & pict (14mb). http://www.lytox.com/balls.php

My situation in year 2007 was: TA for 12 months, 2nd appt at 11st month, buyer willing to wait till TA expired, we served notice to tenant on unit's exchange hand before TA expiry but they could stay full, last month's rental paid to me, I paid to buyer... The "tricky" part is this "term", buyer is entiltled to all fixtures within unit. Agent did not explain this at first, until after buyer signed OTP..... watch out for this if you want to retrieve some items , act fast before too late.

My "finance minister" feels the same.

Estella83, more info, i will pm you. PROJECT INFORMATION Developer:Ecco Realty Pte Ltd ( TeamBuild) Location:9 Lor 26 Geylang S398484 Tenure / Est. TOP:Freehold / Est. End 2014 Site Area:15,527 SqFt / 1,442 SqM Total Units / Storeys:78 Units / 3 Blocks of 8 Storeys Building Facilities :Swimming Pool, Pool Deck, Water Jet Corner, Landscape Gardens UNITS TYPE & SIZES Bedroom Type ( $9xxpsf - $1025 psf) Size Range No. Of Units 1 Bedroom - $3xxk - $4xxk! HOT! 388 - 463 SqFt 30 2 Bedroom - $4xxk - $5xxk! HOT! 484 - 603 SqFt 42 3 Bedroom - $9xxk 969 - 1076 SqFt 6 Sales Procedures: -Unit Selection up to 5 Choices - Balloting Method -PP Form + LOA Form Filled (Links On The Sides) -Photocopied IC Of Intending Purchasers -Blank Cheque Made Payable To: Hong Leong Finance Limited For Project Account No. 101-3003596-1 Of Ecco Realty Pte Ltd

Recently, my malay colleague suddenly mentioned to me why chinese so "pun tan", stove & sink cannot put together or face each other...., I use 5-element concept explained to him (anyway, he still blur blur after my expl) Kitchen is a place where "full of fire". Those who're FS-awared understand the importance of balancing of the 5-element within a house, within a body, within an organisation, or even open space surrounding him. Stove is "fire", those reflective/silvery spoon/plates/cup also classified as "fire". Excessive "fire" element within a space/house will lead to active activities, many moments/actions, mental unrest, unnecessary arguements....... To count "fire" is to increase "earth/soil" element, not increase "water". "Fire" & "Water" meets together will "collid" each other. Counter measures: reducing reflective areas, eg change silvery steel to those non reflective, put brown-color cups or basket, round off those whatever "sharp corners" within kitchen. So the "fire" Qi will be reduced. Wealth related element is "Metal" Qi which associates to precision, solid, full, neat/tidy. To increase/strengthen "metal" Qi will help bringing in $$$$. Don't believe? Next time visiting friend/relatives' place, see their house neat or not, open their cabinet/waredrobe see if things fold/store/place properly or not. "Poor" ppl's house tend to be messy within. Open-concept kitchen is more suitable for those couples who seldom cook or don't cook. Those who often cook know the "power" of this "oily stain" - goes everywhere, nomatter how strong the sucker is. You need to "seal" the whole kitchen when cooking, so this oily stains will not go to hall or rooms. Cooker wash hair often too, lucky I'm not the cooker. If you want more "wealth", learn how to increase "Metal" element within your house....

Hi, Singapore is pretty small, always try to make a "happy exit". Can easily run into the one you "hate" one day.

In yr situation, likely to do a "full redemption" right after money transfer back to yr cpf accountwithin short. Should take a mortgage loan without "lock-in" period, but read carefully, ususally must inform bank (in written or on prescribed form) 3 months before actual full redemption take place. From this forum, seem worth to take "sibor+ 0.6~0.7%" type of loan. But ask what are the the "hidden costs" like lawyer fee/admin fee/conveyance fee & many many other fees, or sometime banks lump all these up as one package & say "free" but...good luck to you!

May be my words appeared to be too "harsh" & deviated from my intention, I apologise. Precisely, "comfort" is the key to a place where ones stay. Previously, I've shared my encounter in one of vietnamn's hotels, where a mirror fixed directly opposite the bedhead, woke up mid-night with half-waken mind & saw "someone" in the mirror with messy hair, can imagine the situation? What I do not really understand, over these years & up to this point of time, is how the NESW has bearing to the environments and thus the effect on human body, especially the placing of objects. Just my wish someone here can share & enlighten on this, besides the weather & climate changes due to earth rotation & its axes is tilted at 23.5 deg, revolves on an elliptical obit around the sun. I strongly believed FS's "5-element" concept (but not the directional portion, i considered it as "myth"). My understanding of "mirror", in term of 5-element concept, it should be treated as "neutral", thought under most situations it is "fire". To elaborate, if mirror faces (side or directly) a pool of water & reflect it house, it will bring "Water" element(Qi) to house (distance, size of mirror/pool vary the intensity). If it reflects bright light, it brings "fire" element (Qi) to house, if it reflect tall, upward tress, will bring "Wood" element(Qi). If a mirror itself is tall & narrow, or triangular upwards, itself constitutes some "wood" element. However, most of the time, mirror reflects light at 180 deg, it is usually classified as "Fire".

To get a mortgage loan, you need a "valuation report", which cost around $600 for private property. From this report, financial instition and loan you maximum of 80% of the valuation. Your property may worth higher price than previous. Approach yr targetted bank (better 6 months before your "old" loan expires)(lawyer to lawyer correspondence takes time!), bank will assign a professional evaluator to view your unit and come out with a valuation report. You need to pay some "hidden costs" like lawyer fee, admin fee, insurance fee.... Ask your banker first if they can absorbe all these fee. If you do not ask, they will not likely to tell, until you get the invoice. Say valuation = 1 mil, you can loan = 800k. And say your actual outstanding = 600k, then 200k will go into yr pocket (but... with interest).

Exclusive aggreement usually demands payment of 2% comm, unless you are extremely busy & know the agent in long standing & trust his judgement in "buying for you", and super rich, then worths to sign such agreement and pay him the comm. So far I have not personally come across such exclusive aggreement between agent & buyer. Signing an buyer exclusive agreement(valid for 3 months) meaning he is the ONE & ONLY agent in buying process, you cannot engage another agent to source house for you. 1. Buying HDB or private? 2. Buyer needs not paying any comm to his agent for private property. Buyer's agent will "share" the comm with seller's agent comm. This is the present mkt norms. 3. For HDB buyer, if u ask agent to source for u, then worth to pay 1% or less to him (Comm is nego)comm. 4. If you find the home yourself, you can choose not to pay a cent. Remember, don't sign any commission letter which agents used to "mix" with other doc and induced u to sign it against your intention.

True, all masses "vibrate"- between molecule & molecule hold by "molecular cohesion force", when heat energy is applied, this mass "vibrate" more and may change from solid to liquid and gasous states when melting and boiling temp are reached respectively. At any one time, all masses on earth give off radiation to environment- in the form of electro-magnetic waves. That explains why masses' weight changed over time. All these nothing to do with mirror or front door or NESW.

Animals are comparatively more sensitive to "Qi" surround the environments , than human do. Your condo front door must be more surrounded with more "Yin" than "Yang" components , therefore attracted bat for "resting". A good "resting" place always associate with soft, darker, curves space, cool ambient color/temperature, etc which make ppl feel "like to rest" or "comfortable". A TV set "not suitable" to be installed in MBR is for this principal, TV programmes/pictures/lightflashes created "Yang" ambience which is "no good" for "resting/sleeping". Same thing, a colouful bed sheet, say with striking orange color, will stimulate one's brain thus lead to "no good rest/sleep". These are quite "common sense" but FS can explain these. A hall should be more Yang -bright, dry, flow of air to stimulate communication. A study place should be designed with more Yin - cool, soft, quite...- to stimulate reading/thinking/writing, etc . Yin-Yang theory(Qi) is good at "explaining" environmental-related issues in a broad way. 5-element theory is another "higher" theory to "blend" human into the nature naturally, however, the assigning of these 5 elements to things( stove, furniture, drain, mirror, etc) surrounding us is quite "subjective", not to mention those confusing & scretive "directional" factors. I'll explain more such later.

Banks will evaluate your earning power vs current liabilities, and consider your present assets. Age as well. "Self-employed" ppl are the most difficult ones to get loan from bank. If you have account/s with that bank will make thing slighly easlier. Try Hong Leong Finance who is taking more risks as compare to normal banks on this matter. Of course, higher risk = higher interest..... A studio or equivalent unit, is good for rental yields. Less fixtures to consider, less ppl(tenant) mean less problems(to things within unit or to neighbour)...... Personally, whether for own stay or rental, I prefer area in east than west, sentimental I guess.

Bridging loan is quite speculative in nature, high risk, low doc requirement, not all banks like to do this business, & I think MAS also not in line to encourage such. Try foreign banks, likely will get a higher loan amount. Feel sorry in your case, learn the lesson will make you wiser.

Another 10 years or so down the road, many singaporeans/PRs will ask this same question. Last yr just bought a 32-yr old pt block unit in Bedok North, near MRT. Before buying, my main concern was the one of the cpf rule that no cpf money usage for flat > 60year old. Look like I have to pass the TD to my children, instead of selling away before approaching 60 years - limited pool of buyers! I asked HDB about the "possiblility" of en-block, reply was "no" at this moment. Stupid answer to stupid question indeed. If you "MUST" buy this 40 yr old, be prepared to "pass it down" to yr next generation instead of selling it away. Don't think abt en-bloc, do a avg reno will do, even if you have cash, in my opinion.