Warrior88

Tampines 8@@ prefab, spoke to HDB officer, I was contesting why other units can do. Nothing to do with prefab. Also, ppl habits are the same, if something drop from above, other blk is the same. Top floor can. Final answer form officer, anyway, you can try. Contractor told me for top hung sometimes can peep form outside. And even if top hung is approve, must be wire mesh.

Before the 1st appt, need to submit the new val report to Bank since loan amt goes up. After which bank will reissue the new letter of Offer to buyer. Make sure the date of the LO is within 14 days from the OTP. Means bank need to back date the LO. So you produce, OTP, new val report & new LO to HDB on the 1st appt .

SERS got privatised one meh ?

I also read in another forum, can resubmit new valid val report before 1st appointment. Thats what the forumer says. I did't verify that.

title deed no difference whether your pay by cash or cpf. title deed difference only for HDB & PTE... For HDB, title deed only got address, no name For PTE, they, keep updating the new owner name.

Noted, however, HDB & HUDC enbloc are different.

Might wanna read the latest issue at the STB http://www.scribd.com/doc/32509450/LTSA2010-ParlDebate-18May

Hi Congee, You don't give up, don't you. You only hear of some story here and there. Do you know the implication and the process of privatization. You must be naive to think that all HUDC will be Enbloc. Look at it on the flip side, what garment is saying, you are on you own now

Reply from CPF We are currently looking into your feedback about providing an online application for HDB flats financed with bank loan. In the meantime, we have provided an e-concierge service whereby members can submit online requests to revise their monthly instalment or to effect a capital repayment/ arrears payment for their HDB flats. You can submit an e-Concierge service request via our CPF website: 1. Log on to our CPF website at http://www.cpf.gov.sg 2. Log in to your statement with your SingPass 3. Click on ‘My Requests’ 4. Select “Other CPF matters” 5. Submit your request via e-Concierge by selecting the relevant category [i.e. Retirement\Housing\Healthcare\Insurance\Withdrawal under non Retirement grounds\Self-Employed] and then key in your request before confirming the information. Alternatively, you can submit the original completed HBL/3 application form to us to revise the monthly instalment or to effect a capital repayment/ arrears payment for your HDB flat. Please send the duly completed HBL/3 application form to Central Provident Fund Board CPF Building 79 Robinson Road Singapore 068897 (Attn: Public Housing - Bank Loan Section). Please submit the e-concierge request or the HBL/3 form to us 7 working days before the monthly instalment deduction. The monthly instalment deduction would take place between the 10th and 13th of each month. Yours sincerely Tan Ke Sheng Kulvim Public Housing Scheme (Bank Loan) Housing Schemes Department Central Provident Fund Board Tel: 6229 6065 Fax: 6229 3699

Ethically, you should still engage your agent for renewal. What is the meaning of "They deserve nothing" for not doing anything. Same like insurance, we pay premium even though we did not use them. You never know when the agent will help you in terms of dispute. It is just my thought

Kam Siah! I bring some portugal tart along. Just in case, you don't like sweet stuff, we can have Tanjong Rhu Pau, at your balcony, overlooking the reservoir in BN ? Haha

Actually, this service, still need to fillup form and submit. You use this service, in case you do not know which department to go to. Setup is just like a email format

Year 2005 ~ 2006, bank interest rate was like 5 ~ 6%. That time, how I wish I had HDB loan. Somemore that time where got lock, SIBOR ...peg.. Surprising that period HDB loan rate still remain 2.6%

Chime le But some points I totally agree with you. By the way, I am no finance ppl. I also know nothing abt Bazi (wish I know) Just wanna do my part for my next gen and parents. Whats worth millions may worth so little next time. It's never enough. Just wanna spend more quality time with my family. Like what you say"Teach them to fish". So its more of social values, character building & education. Met a ex classmates, shake head and tell me, his father just leave him a 3br flat. I am moving to my next phase of planning for "MYSELF" Just in case, God decide to ground me. And that my Good Class Bungalow in Heaven not TOP yet

No... lah ... read this .. https://www.cpf.gov.sg/cpf_trans/ssl/financ..._assumption.asp For calculation, try this https://www.cpf.gov.sg/cpf_trans/ssl/financ...l_cal.asp?prof=

Yes, still you money, but only in your pocket, not Ah Kong ones. Besides the MS=123K, there is this MSS=34.5 (Medisave Minimum Sum) It depends the age of your dad. Current rule is 30% of your bal ( OA+SA) can take out. Come year 2013, this 30% drop to 0%. And the MS + MSS kicks in.

I use concierge service for credit card once. All hotels were fully booked due to some exhibition. Can you imagine the concierge calling me back in 5 minutes and that they will proceed to make the reservation for me. And that was the same hotel I call 5 minutes ago. Think Hotel reserve some slot for these concierge priority services

Actually, I am still not sure your reasons for redeeming your payment, if you are keen on TG. Looks like TG incurred some cash. Cash are more liquid. You also can't sell your current apt until Jan 2013. Not forgetting you had to service both loan.

You might wanna work out your projection come 2017, when you turn 55. And make adjustment and plans.

Hi bepgof, You are going from clever to brilliant now Just to add on. For revision in AMOUNT, need to get inform bank first, whether capital repayment or revised amt due to fluctuating interest rates. Otherwise, when CPF transation will not go through due to bank rejection. But for revision of % for each party, like what therat says, bank still get the same. Don't need to inform.

SIBOR stands for Singapore Interbank Offered Rate Sibor is influenced by the supply and demand for funds in the Singapore interbank market Currently hoovering around 0.6 ~ 0.8% http://www.sgs.gov.sg/sgs_data/daily_domes...bank_rates.html

Cash proceeds = CPF Used + Accrue Interest + Bal Loan Fully Redeem, CPF Used Up = Accrue Interest Up => Cash proceeds Down If got bal bank loan, Interest is paid monthly together with installment. Thus, CPF used will be lower, The less CPF used upfront, the less your accrue interest. Remember difference between savings & loan is only 0.1%. Besides for the 1st 20k, your are getting 3.5% If you want good deals of bank loan, can PM me

Oh, We thought you know abt that, thought you just wanna save some money. I had seen cases of both ppl who bought them. Trust me, I wouldn't want to be on the 0% side. You call CPF ? Did you ask why for HDB with bank loan why cannot go on line ?

SO EASY MEH ! THE Ministry of National Development (MND) has identified three HUDC estates for privatisation. Comprising a total of 797 flats, they are located at Hougang North Neighbourhood 3, Hougang North Neighbourhood 7 and Potong Pasir. For HUDC estates to be privatised, residents will have to obtain at least 75 per cent support for the privatisation before they can lodge a Strata Titles Application with the Registry of Titles for the issuance of subsidiary strata certificates of title for their flats. Owners of the HUDCs will also have to pay costs for privatisation. This includes legal and survey cost, cost of land transfer etc, and is capped at $30,000 per flat for the two designated HUDC estates currently undergoing the privatisation process, namely Eunosville and Bishan (Shunfu) estates. MND has decided to cap the cost of privatisation at $30,000 per flat for the three newly-designated estates at Hougang and Potong Pasir. The $30,000 cap is only valid for three years. Residents of these estates have to obtain the mandate for privatisation within a three-year grace period, from Aug 2. Thereafter, the cost of privatisation will be adjusted to take into consideration the prevailing redevelopment potential of the land.

For pte, bank loan, can go online For hdb, hdb loan, can go online But for hdb, bank loan, CANNOT go online (mine didn't work) also don't know why But for revision of installment amount, think must inform bank. CPF not process if Bank disagree.