Warrior88

SINGAPORE: The government said Monday that it will increase the holding period for imposition of Seller's Stamp Duty (SSD). The SSD will be raised from the current one year to three years. Another measure will impact those who have more than one outstanding housing loan. Property buyers who already have one or more outstanding housing loans at the time of the new housing purchase will have to pay more money upfront. The government will increase the minimum cash payment from five per cent to 10 per cent of the valuation limit. Those with more than one outstanding housing loan will also see a decrease in the Loan-to-Value (LTV) limit for housing loans granted by financial institutions regulated by MAS. The LTV will be lowered from the current 80 per cent to 70 per cent. The measures will take immediate effect on August 30. The government said the objective of the measures is "to ensure a stable and sustainable property market where prices move in line with economic fundamentals". It noted that the property market is currently very buoyant, with prices increasing by 11 per cent in the first half of this year. It added that while Singapore has enjoyed strong economic growth in the first half, growth is expected to moderate in the second half of the year. Should economic growth falter and the market correct, the government said property buyers could face capital losses. It has thus decided to introduce additional measures now to temper sentiments and encourage greater financial prudence among property purchasers. -CNA/wk

Community living need tolerance la. Last time stay Kampong, neighbour cock crows, how ? kill the cock at night. Mature estate only got his problem, but got convenient. Be happy lar. I turn on Radio 95.00 .. matter get use to it la bro Life got so many pek chek liao, see through a bit.

Reminds me of the show TROY (2004) Achilles: You're still my enemy in the morning. Priam: You're still my enemy tonight. But even enemies can show respect. I likw WAR show, so many hero

Begin demolition of the National Stadium by October 2010, and the new Sports Hub will open its doors by April 2014. Stadium Mass Rapid Transit (MRT) station is located next to the National Stadium. Designed with features to facilitate movement for people with disabilities. Individual seats, natural ventilation and a retractable roof for all-weather enjoyment. innovative bowl cooling system that provides comfort with limited energy usage. The Retractable seating which will allow us to bring spectators up close to the action, customized for soccer, rugby, cricket, athletics, and major spectacular events (e.g. National Day Parades). Wired up with fiber optics and driven by technology and Customer Relationship Management (CRM) solutions. Sports library and sports museum, Beach volleyball court, rock climbing wall, hard courts, a Skate Park, an area for lawn bowling, and a 1-km jogging track located on the perimeter of the National Stadium. And when visitors have finished their sports games, they can hit the 41,000 sqm of retail shopping, health & wellness offerings, and food & beverage outlets. Facility for short term stay will be offered to help them achieve podium success. There will be a sports-solution collaboration platform for the sports industry business partners and sports science & medicine specialists. Host of international and local sports and entertainment events, maximizing the open land space, water body, and arenas. Live entertainment events (e.g. concerts and artistes from around the world), MICE (meetings, incentives, conventions, & exhibitions) events, and other exciting entertainment events and activities for the community. Fully cabled for broadcast, thereby allowing events to be transmitted to the billions of viewers in the world. Under the Private-Public-Partnership (PPP) arrangement. The construction cost is SGD$1.33 billion, which the government does not pay upfront. The government’s payment will be through annual payments. (25 years)

Posted : 27 August 2010 1914 hrs Maybank Singapore offers new packages for home loans market By Ephraim Seow Maybank branch in Kuala Lumpur SINGAPORE : Maybank Singapore has raised the bar in the home loans market with its slew of latest offerings that include mortgage rates lower than one per cent in the first year. For instance, its fixed rate packages with either a three or five-year term offers the lowest rate in town at 0.88 per cent a year in the first year. As for its home loans that are pegged to interbank lending rates, Maybank is offering interest rate of 0.5 percentage points above the three-month Singapore Interbank Offer Rate or SIBOR for the first year. SIBOR is the rate at which Singapore banks lend to each other and is about 0.55 per cent today. Meanwhile, for its variable rate package, Maybank is offering interest rates that will start at 0.80 per cent a year. This is 2.95 percentage points lower than the Singapore Residential Financing Rate (SRFR) for the first year. SRFR is Maybank's board rate and it has been at 3.75 per cent since 2007. In another variable rate package, the bank is offering a S$5000 cashback with an interest rate of 1.3 per cent a year for the first year. Head of Consumer Banking, Maybank Singapore, Ms Helen Neo, says the fixed rate packages are very popular with customers as it gives certainty in financing their mortgage. Maybank adds that the new packages are in celebration of the Bank's 50th anniversary. As part of the ongoing celebration, it has launched a Privilege Plus Savings Account, a savings product for those aged 50 years and above. In addition, it has also launched Pocket Me GIRO, a cash incentive given to customers when they pay their credit card bills using GIRO through their Maybank current account or savings account. - CNA/ch

Yo... thank you for the vote of confidence.... By the way, thanks for the warning. But I am in no way instigating, encouraging gambling. My name is in the casino exclusion list. This ban may only be lifted after I had serve the renotalk forum for 3 years as Snr moderator with 3 badges. In this Act, I can only commit wrong if I had participated in betting. By the way, HDB-assigned private valuer must submit val report to HDB for approval. And their licenses issue by the IRAS. Wanna to open one valuation agency ?

Yo, you MBA le, Archerly my singlish angmoh, bo pa kah lah. I am sure HDB will reply. Valuation report is for how much you can withdraw from your CPF savings; how much housing loan can be granted to you; and the minimum cash payment you will be required to make I don't care abt your fancy reno or what facing. Whether square or triangle, 1 ft is 1 ft. You want buy my flat, use cpf, we dictate what you can do. Lastly, private got valuation report meh .... PR also not so demand like you But, we value your feedback and will continue to review this matter. By the way, your queue number is 8956.

HDB states that valuation report is use to determine how much you can withdraw from your CPF savings; how much housing loan can be granted to you; and the minimum cash payment you will be required to make So.... floor plan not important Also, you don't need val report if you are paying cash ! You need to get a valuation report from an HDB-assigned private valuer if you are: getting a housing loan from HDB; getting a bank loan and using your CPF savings to service the loan; using your CPF savings to pay for the purchase of the flat; or applying for the CPF Housing Grant Scheme But, actually before sign OTP, it will be good to see the ORIGINAL floor plan, to see if any alteration had been done.

Actually,,, why floor plan no include in the valuation report... Already pay $1XX , + $5 not much different.

Thought sealing up of ventilation above door is consider acceptable....

No fixed rules la.... If buyer got, give you. If agent pay $5.05 to HDB can get copy. You can also submit online to request for email or post to you at $5.05 Just get it done and get over it la. Only 5 bucks.

My Mitsubishi Industries Air con comes in 3D air fan. I lao liao, cannot always take air con directly.

Dismantling is FOC cos they consolidate all the old air for export to 3rd world country. Once GC dismantle, it belongs to them, cover labour cost. If you wanna sell to Karang Guni, The KG man must dismantle themself. GC okay with that. Didn't know GC give rebate for use existing pipe. Must be the escalating copper price fuel by China economy

Might wanna use wireless remote light fixture. I never use use before Wireless remote light switch are the most comforting to help turn lights on and off on their own. Instead of having multiple wires that make the installation look untidy, you can install a wireless remote light switch to turn off the lights. The wireless remote light switch communicates between the fixture and switch using radio transmission or using existing power lines. Dun ask me how much or where to buy. Only find them in the internet.

TML should not give Yishun, after all there are almost 170,000 HDB dwellers there.

I am in the east, but I know that Thomson Line SMRT will run through Yishun, good luck hunting. The only time I go Yishun is the Orchid country club for my golf game.

Wah, I think you got the whole picture liao ... Lastly happy bidding, dun guarantee you will get

Income ceiling 8k got 2-3 cars, IRAS will hunt you ? Better get off this thread.. this thread is for EC le. After all, dun want to pormote so much for DBSS, later my resale flat price drop le.

Think there should be Maintenance Fees guidelines set up by HDB to follow. Some town actually are in deficits even without the lehman brothers. Guidelines are in place when there are no competition. Who will compete anyway ? DBSS vs resale HDB ....Both w/o facility, fight location and condo sytle living ? But with the current resale HDB going up. DBSS also siao liao ...

Think DBSS can use grant right ? Not sure abt MF, but do they allow 2 cars ?

EC used to be a good buy 10 years ago. But now with DBSS, many think they can do away with the facility, after all must pay more charges. When DBSS smack in between, EC must move up. So many category now. Maybe more to come

Now, I think you are getting the picture, Got EC also cannot buy private within MOP. If found something you like, can see only, or buy using other ppl name ..... haiz ...

The first batch of DBSS in Tampines launch in Oct 2006.

Anyone try to inject Sodium Hypochlorite Bleach Chemical into the silicon ? Just a crazy thought ?

Many buyers still buy L99 that are more than 20yrs. Dunno whats the strategy, unless they see Enbloc potential. By the way, there are still FH that are pretty cheap in the market like $650/sq ft. as compare to $750 for a New EC with restrictions.