Everything posted by Plastic3
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Park Central@amk Dbss
My Sister is one of those still waiting for defects to be repaired.
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If You Are Seller, How Much Cov Would You Ask For ?
So near to town, if your place is good condition...can even ask for more.
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Terminating Agent's Services
Standard CEA form expires after 3-months, for early termination you can write to the agency or just talk to your agent (in case there is some misunderstanding?) Best, Mark
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Music
Ya, me too! When I heard of the name "Tommy February" I thought it was a boy/girl pop band.....lol
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Music
oh yeah! I like "stand by me" too....was also introduced to Tommy Heavenly6, I think it's the more noisy project of the Brilliant Green vocalist, am now playing "I wanna scream" by them....I like noise
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Pay >$100K Cov Or Rent & Wait Out?
Unfortunately, the prices of public housing were allowed to increase at an alarming pace since 2007. Measures to control the prices only started to surface nearer to the election, which is already too late. I believe plans for population increase to 5.5million were already in the works in the early 2000s (now it is aiming 6million?), perhaps the building of the 25,000 BTOs could have started in the mid 2000s? But having said that it is hard being in Mr. Khaw's shoes, they cannot allow the prices to drop too much, neither can they let it increase at the current pace (especially after this year's election result). I believe they will try to control the prices at the current level as much as they can, because if they don't...Executive flat owners in Queenstown will all become millionaires in a few years time. (Average prices of Queenstown Executive flats in 2011 = $830,000) This couple years will be tough though as housing Demand & Supply problems don't get solved "overnight". Best, Mark
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Music
I only know 2 songs by them....."there will be love there" & "ash like snow" one soft one heavy, am currently playing "ash like snow" with my band
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Pay >$100K Cov Or Rent & Wait Out?
Indeed, it is quite ridiculous now...even 5I in Yishun asking $100k.
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Pay >$100K Cov Or Rent & Wait Out?
I do not think I am very smart, but it is indeed the situation we're in. "Prices of HDB resale flats in the third quarter jumped 3.8 per cent from a quarter ago. The squeeze on supply drove the steepest quarterly increase since the third quarter of 2010, which saw a rise of four per cent." 3 Oct 2011 source: http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1157017/1/.html
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Sales Proceeds For Occupier
Yup, you have to get a lawyer to help you, HDB only go according to procedure & protocol. Like what angelbutterfly said, even if you are unable to prove your contribution in paying for the monthly loans, your lawyer can bring up other arguments like your contribution in maintaining your home, or if you have paid for any renovations or repairs to the home. Best, Mark
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Music
cool, what kinda Japanese bands do you listen to?
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Help Needed Regarding Of Hdb Flat Valuation
Is there anything written on page 9 of your OTP? Since you already agreed, its good to follow your previous agreement, the oven does not affect valuation much (if any) Best, Mark
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2Nd Inspection For Resale Flat Before Keys Collection.
In normal cases, the inspection is mainly to check that the seller has vacated & emptied the premises before completion. Since your case isn't normal (early move-in), I feel it does not apply.
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2Nd Inspection For Resale Flat Before Keys Collection.
Buyer make request, usually the buyer will inspect the day before completion... but if the seller is moving out earlier you can inspect any day after they move-out. Best, Mark
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2Nd Inspection For Resale Flat Before Keys Collection.
The inspection by HDB officer is to check for any illegal reno (before 1st appt). The inspection before completion(2nd appt), is for you to check if the seller has vacanted & the unit is empty. Best, Mark
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Extension Of Stay
It really depends on the situation, why the seller needs to extend? In some cases, the seller needs the money from the current sale to purchase their next home, the CPF portion does not get transferred immediately to their account on completion so they require more time. If the buyer does not give the seller some extension, the seller may be rendered homeless in the interim. Best, Mark
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Rental Of Private Property - Fully Or Partial Furnished
This is really up to the landlord, for condos usually they're at least partial-furnish. Landed can be unfurnished. Best, Mark
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How Much Cov To Ask For ?
If you have signed the OTP means you have already exercised the option, which means seller cannot sell to others. Best, Mark
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3Rd Time Hdb Loan
Yes, need very very good reason, but even if approved the interest rate will likely be above 2.6% perhaps 3.82%. No harm trying though, good luck! Best, Mark
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Is It Legal?
Depending on the situation... If the seller is also buying, if you postpone the completion....they may not have the $$$ to complete their buying transaction Best, Mark
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Newbie In Property Industry
Different leaders work in different ways, some just recruit you then leave you alone to sink or swim, most will teach you how to find your own customers, some may share some of the listings they are working on with you to give you some experience at the start, my own personal experience is it is better to focus on an area & find your own customers, real estate is a business, you need capital & time to buildup. Best, Mark
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S’Pore Property Crash: When And How Serious?
In terms of rental transactions, D9, 10, & 15 are tops
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Tenant Is Rediculous
Sorry to hear this. Since you're pregnant, I suggest you leave it to your husband to talk to the tenant nicely but firmly. For your next tenant, spend more time to screen them, sit them down and have a talk.....only rent to them if you feel comfortable. (Some tenants will "act nice" on initial meeting, it is hard to judge if you do not interact with them enough) Best, Mark
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Pay >$100K Cov Or Rent & Wait Out?
my personal opinion, COV is unlikely to come down much within a year (unless Mr. Khaw does something drastic), it did dip abit around Dec to Jan period (iirc), where I managed to help a buyer buy a place for 12k COV, after that COV went up again within weeks. Although there is a lot of talk about the govt releasing more land & BTOs, it is not going to solve the current supply & demand imbalance. Best, Mark
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Pay >$100K Cov Or Rent & Wait Out?
Which area are you looking at? In 2009 the COV should have been lower?