Warrior88

Em... thats what I thought too.. Thus, Marine Parade stretching up to Fort Road. MRT Potential with beach front view.

Mega Discount salesman gave me their contact. Cos they also use them.

What number .... Is it 22,20,10,03,24 date & time..

Thanks, wait until my cervical spondylosis is behaving. Will try for the side table first

Mine done in Feb this year, 1st point free for new subscriber, 2nd one $107 1st point tap from the box outside. 2nd point on splitter. My old house also SCV, both from outside, can't find any splitter box inside. Then again, maybe the splitter may be in the outside box. SCV claim that their black cable is the good type. They also show me the signal strength after installation. My view, if not much price difference, better get the CSV, or wait for the promo.

Mine leak last time. New house. Cornice say, electrician, electrician say ask ID. Ah, finally never use City gas, just the tank type Tracing is tedious job, bubble test ? But must hack wall le. Easier to add new pipe.

Wow, a lot of sentimental values in this house. So much blood and sweat in it Very persevere I would have give up halfway.

Straits Times Singapore, 22 Jul, 2010, Thursday Some HDB buyers in a fix over cash proceeds rule Half of gains must go towards next flat but they have spent money By Teo Wan Gek A SMALL number of HDB buyers now face a cash shortfall and cannot buy replacement homes of their choice, due to changes to the HDB loan policy in March. These buyers sold their flats before a new rule stated that buyers must use 50 per cent of their cash proceeds to finance their next flat. They are now stuck because they have spent the cash. A Straits Times check with 16 MPs found that a small number of such buyers have showed up at their Meet-the-People sessions. Aljunied GRC MP Cynthia Phua has five constituents caught out by the policy change; Dr Lim Wee Kiak, an MP for Sembawang GRC, has seven; Mr Yeo Guat Kwang, also of Aljunied GRC, has two and Madam Ho Geok Choo of West Coast GRC has 10. These buyers are divided into two groups: downgraders who sold their flats and used the cash proceeds to settle debts, or genuine upgraders who need a bigger flat for their families. Among those who sought Madam Phua’s help were a couple who sold their flat in 2006. When they tried to buy a flat this year, they were surprised that the loan amount granted by HDB was reduced by half the cash proceeds from the first sale. HDB changed its loan policy in March to make second concessionary loans available to downgraders. Such loans were previously given only to upgraders. HDB also laid down a new rule – loan applicants must use the full CPF proceeds and half the cash proceeds from the sale of the previous flat or $25,000, whichever is less, to finance their next home. The change was to encourage financial prudence. While Madam Phua supports the move to prevent home owners from cashing out on their flats, she does not think it is fair for those who sold their flats before the policy change in March to be subject to the new requirement. ‘HDB will now give a loan only less half of the cash proceeds amount, but that’s not enough money to buy a new home and most of them have already spent their cash proceeds,’ she said. During Monday’s Parliament sitting, Madam Phua appealed to National Development Minister Mah Bow Tan on behalf of her constituent who sold his flat in 2006. Mr Mah said in reply that the HDB gave home buyers a second subsidised loan so they could buy something they really needed. ‘If you have already made a lot of money, then I think it is only fair that the HDB takes that into account, irrespective of when you have sold a flat,’ he said. He also felt that home buyers like the one Madam Phua cited were ‘rare’, as most bought a second flat soon after they sold their first. Still, he promised to review appeals on a case-by-case basis. The HDB also provided figures to show that the policy change benefited large numbers of downgraders. Between March and May 31 this year, HDB approved 2,439 applications for a second concessionary loan. Of these, more than half were downsizing or moving to a flat of the same size. These buyers would not have qualified for a second subsidised loan if the policy had not been changed. On Monday, Mr Mah stressed that the size of the second loan could not be independent of the proceeds from the sale of the previous flat. If it were, that would create a ‘perverse incentive’ for people to upgrade and downgrade ‘to automatically get a larger HDB loan’. PropNex chief executive Mohamed Ismail said the policy change has helped many flat owners who faced financial hardship and needed to downgrade to a smaller flat. Before the change, they could not apply for a second HDB loan. Many were also unable to secure a bank loan because of their bad credit history, he said. The new rule has made some more cautious. Mr Jerry Lee, 31, a property agent with HSR Property, has had five clients change their minds about selling since March. ‘Many of them wanted to cash in on their property, but the policy change has made them think twice before selling.’ Wrong timing, now family has no home MR W. H. Wong, 36, a manager, has been living apart from his wife and two young children for six months and sees no end to their plight in sight. He sold his four-room flat last August to upgrade to a maisonette but while trying to secure a housing loan, HDB’s loan policy changed and he now faces a cash shortfall for his next purchase. He still hopes to buy a maisonette, so his parents can move in with him. For now, his wife and their two children, aged six and four, stay with her parents in Serangoon, while he is with his parents in Chua Chu Kang. Every evening, he drives to Serangoon to see his family, then heads back to his parents’ four-room flat, which is too small to accommodate his family. He is frustrated at the situation because, unlike some others, he did not sell his flat for easy cash but to upgrade to a bigger home. When he sold his flat last August, he received cash proceeds of $57,000. Now, HDB has asked him to fork out half of that sum for his next purchase. HDB has also reduced the size of the loan it will grant him by that amount. ‘The housing loan is now smaller, and the cash-over-valuation for flats is rising. With this new rule, HDB has reduced the amount of cash I have that I could have used to pay for the COV of the new flat,’ he said. A buoyant market has sent the COV – cash premiums for HDB flats – soaring. Mr Wong has tried looking for flats with lower COV but to no avail. He also sought the help of his MP Cynthia Phua. His query: ‘I sold my flat before the policy was implemented. Why does it apply to me?’ In November last year, he applied for an HDB loan to finance the purchase of his second flat. The board rejected the application as the couple’s combined monthly income exceeded the cap of $8,000. He re-applied. HDB finally gave him a loan in April. By then, his wife had left her job and the family income was below $8,000. Now, the problem is that he does not have enough cash to buy a flat of the size he wants. ‘Every maisonette seller is now asking for at least $50,000 in COV. If I give HDB half of my cash proceeds, where do I find the cash to pay for the COV?’ he asked. ‘It’s all wrong timing,’ he lamented.

http://www.emonitor.com.sg/default.asp

Woh, swee le. Wish I had a home like that

Think the trend now no more 5 in 1 or 3 in 1. Those integrated system with IPOD and thumb drive are slimmer and sleek for your TV console.

Next crisis will be in 2017, trigger from China If got holding power hold them, dispose some in 2015 or 2016. Buy back in 2019

Hi strawberry, Mind asking you, whats the damage for spray painting white your tall cab near your dining area. I believe its "spray" right? Also, I believe cannot spray laminate wood right ? I like the white look after the makeover

Got ppl to do, arounf $200 ~ $250. Dismantle and clear debris. Small debris, you have to clean yourself. Just call the TC and when the guys come, give them $50, see what they say. Maybe, next day, they come back with a crowbar:) So, deal done.

Here you go http://www.hdb.gov.sg/fi10/fi10325p.nsf/w/...ty?OpenDocument

Hi bepgof, HDB reply very swee I also assume your resale is without grant. Can do me a favour, reply to HDB on the below ( bold) for clarification on what condition ? ========================================================== Flats Bought Directly from HDB/ Open Market with CPF Housing Grant The eligibility conditions are as follows: The flat owners must satisfy the required occupation period for their flats before acquiring private property The flat owners must continue to stay in their HDB flats after acquiring private properties However, exception is made for those who have obtained prior approval from HDB to sublet their flats under the Subletting of Flat policy ========================================================== Flats Bought from the Open Market without CPF Housing Grant There is no need to satisfy the required occupation period for the flat before acquiring private property. However, flat owners must continue to stay in their HDB flats after acquiring the private properties. Exception is made for those who have obtained prior approval from HDB to sublet their flats under the Subletting of Flat policy. Last Updated on 27 Apr 2010

Hi Cheng03, Reno not related, whichever way you pay yr loan, must still spend. interest = 35k. Just compare what you would have gain by using 210k, assuming you have. If saving interest, investment..etc > 35k, then you gain. If your projection is <35k then go ahead to fully redeem it. We should constantly review the port folio. Depends on your appetite. Hungry now just kidding. But, if end of the end, its still breakeven, you still gain.. Gain to stay, got a roof over your head for 30years.

Just bring the agreement to IRAS and original stamp duty can be collect on the spot.

If no agent, tenant pay for stamp duty, must go to IRAS. Should be less than $100 http://www.iras.gov.sg/irasHome/page04_ektid2132.aspx

Thought HDB approve conceal air con discharge pipe. Also no need permit. Sanitary & Plumbing / Gas Works that do not require permit "Concealing air-con discharge pipe in floor finishes" Reinforced concrete floor slab must not be tampered with The concealment must be within the floor finishes only http://www.hdb.gov.sg/fi10/fi10324p.nsf/w/...ks?OpenDocument

In San Francisco, most building are with bay window. Over there, their design are very nice, not squarish like these over here. Purpose is to draw sunlight to your room. So, your room is not that dark.

For cash, joint account. Spouse will withdraw all amount For single account, base on Intestacy law, spouse/parent share. But bank, got many procedure in release the cash without a will.

I think CPF also all to spouse if nomination is made to spouse only. So, the 2 main bulk go to spouse ( CPF & Property with HPS )

Thought you should use a T joint so that can use the hot water. Also, the plastic should be replace by a silver one to match the pipe. By the way, must complete your toilet accessory mounting. Because your wall tile cannot use those suction pad type. So any additional must drill hole.

Went to a spa once, wall of shower is cement screed with stone embedded spasely. Got aromatic oil at one corner. Quite relax to shower inside