therat

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1146987/1/.html SINGAPORE: The government will raise the qualifying income ceilings of households for HDB's Build-To-Order (BTO) flats and Executive Condos (EC), said Prime Minister Lee Hsien Loong in his National Day Rally speech on Sunday evening. The qualifying income ceilings of households for BTO flats will be increased from the current S$8,000 to S$10,000, and for ECs from the current S$10,000 to S$12,000. Prime Minister Lee Hsien Loong made the announcements in his National Day Rally speech on Sunday evening. He said HDB will also build another 25,000 BTO flats next year to meet demand and keep prices of new flats stable and affordable. The government will also be adding 7,000 rental units over the next two years and postponing demolition of some SERS blocks to be used as temporary rental units. Mr Lee said the moves will ease the waiting time for needy Singaporeans who require rental flats. The prime minister also made the commitment to keep housing available and affordable for Singaporeans. - CNA/al

I'm patience waiting for my block tio HIP. I want 1. Replace Entrance Door 2. Replace Grille Gate. Total Upgrading Cost Payable is (exclusive of GST): * SGD$ 157.50

what is the latest transaction price? How much different from the valuation price? Use that as guide. Buyer always want to buy low seller always want to sell high. If you are seller, u can try to ask 100k. Since tampinese can sold @ 80K COV

SingGas (aka Shell Gas) - $40, 12.7kg, July 2011 - $35 nett (after $5 rebate) , 12.7kg , 11 Aug 2011 Esso/Mobil Gas - $30.50 nett after discount, 12.7kg, Feb 2011 Solar - $30 nett (after $7 discount), 12.7kg, Jan 2011,

need to give a very good reason and subject to HDB approval. Need to appeal for it. % of successful. No one know.

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1144947/1/.html SINGAPORE: A self-employed woman has been fined S$500 for failing to inform the authorities about a change in her home address within the given time limit of 28 days. Forty-eight-year-old Ooi Siew Lang could have been jailed up to five years and fined a maximum of S$5,000. The offence only came to light on April 28 last year. An occupant of Ooi's former flat filed a police report after she found that loansharks had scrawled graffiti at a lift lobby, accusing Ooi of not repaying her debts. She lodged another report two months later as the illegal moneylenders had used paint to deface the front door of the unit. The court heard that Ooi moved out of the flat at Yishun Ring Road in August 2009. She then rented a room in a flat in the same estate - where she stayed for about five months. Ooi only reported a change in her address in January last year, after she moved into another flat in the same neighbourhood. Deputy Public Prosecutor Grace Lim said that Ooi admitted that she had been borrowing money from loansharks since 2005. She had borrowed S$6,000 from six unlicensed moneylenders and was a guarantor for her siblings who took up some S$4,000 in loans. - CNA/cc

when there is a leak. Confirm is from direct upstair. Since your reno is only 2 yrs and you did toilet too. So.. normal wear and tear from HDB is out of question. Normally for wear and tear, HDB will bear 50% of the cost out of good well and the balance will be share by up and down neigiour , 25 - 25%. That's happen to my MIL. You better try to contact your contractor. Ask them to value their warranty.

1st. under declare. NO NO. Illegal. Matta caught. will get charge. 2nd, give a date line to the agent. deal or no deal. If not just move on 3rd, don't stop viewing other unit unless you really really fall in love in this unit. Don't need to tell the agent abt this

1) after buyer/seller agent excercise it to the HDB while waiting for First Appointment ==> Buyer lost his 5K deposit. Seller no need to return that 5k. Not even a single cents 2) after signed up on the First Appointment. 5k deposit - seller take If seller has already brought a house etc.. can issue lawyer , ask court to tell him to buy by force. Very time consume. Before 1st appointment, is easy to back off. But once after 1st appointment, will be a little mah fun. Better check with HDB officer who take care of your 1st appointment. They should be able to provide u a better advice.

why there is a change of mind. Think of buyer. What happen they had sign Bank LO. They need to pay 1.5% of loan penalty (% depend on bank) The buyer has the right to ask for seller to pay bank $5k OTP and Bank penalty charge, lawyer fee, agent fee. whatever $$ they had lost

singaporebride forum

By law, cannot. But, if the seller is going to do buy and sell HDB at the same time. Ask to propose the 2nd appointment. Mostly the seller will refused to sell the house to your friend. Base on your post, I guess they had exercise the OTP, right? Buyer and seller only can extend 2nd appointment max 8 wk. If more than 8 wk, better check with HDB officer. If your friend is take Bank loan, ask him to read his LO line by line again if want to extend 2nd appointment.

If HDB say so. Then yes Listen to HDB. I know toilet floor cannot hack

Had you check is your block under HIP?

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1143366/1/.html Man jailed for housebreaking and theft By Alvina Soh | Posted: 27 July 2011 1756 hrs SINGAPORE: A 39-year-old contractor was jailed six years on Wednesday for breaking into newly-completed flats over a four-year period and stealing cash and valuables worth S$43,946. Tan Zhen Kwang, a Malaysian national, faced 35 charges of housebreaking and theft and pleaded guilty to five of them. The remaining 30 charges were taken into consideration during sentencing. The series of break-ins took place from 2007 to April 5 this year, at various residential areas, including the Punggol and Compassvale areas. Tan had been involved in carrying out on-site visits to HDB blocks to fix cables there. Investigations revealed that he would target units to break into then return later after work to break into them. Tan managed to unlock numbered padlocks and bicycle chains that had been used to secure the main gates. Items stolen included handbags, electronics and an air purifier. The total value of the items recovered amounted to about S$7,185. Tan could have been jailed up to 14 years and fined. -CNA/ac

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1143122/1/.html SINGAPORE: Police are looking for a man whom they believe can help them with their investigations into a series of flat rental scams reported at Blk 123 Rivervale Drive. The man was identified as Dennis Ang Beng Kiat who's in his 40s. He is slim-built and about 1.7 metres tall. Police said at least three cases have been reported since November last year. The victims had responded to flat rental advertisements placed in the newspapers sometime in mid-October. The suspect would arrange with victims to view the unit and collect money ranging between S$2,700 and S$8,000 from them as deposit and advance rental for the unit. After collecting the money, the suspect would then become uncontactable. Anyone with information on this man is requested to call the Police Hotline at 1800-2550000. Police also advised those renting one or two-room flats to do so directly from HDB. Those renting bigger units should seek the services of a licensed estate or property agent. Their identities and the validity of their licences can be checked against the Public Register on Estate Agents and Salespersons in the website of Council for Estate Agencies at http://www.cea.gov.sg. No advance payment should be made until the tenancy is confirmed. For HDB flats, you should request the flat owner to register your particulars with HDB immediately via My HDBPage instead of the usual seven days. The Tenancy Agreement should also be stamped with the Inland Revenue Authority of Singapore (IRAS). - CNA/cc/ac

http://news.omy.sg/News/Local%2BNews/Story/OMYStory201107261518-262734.html 中年妇女投诉，聘请到有肺痨女佣，结果家中两个小婴儿也倍受威胁，得服药半年。 妇女希望有关当局能够检讨外籍劳工的身体检查制度是否出现漏洞，以防范类似事件的再度发生。 卢更华（56岁，家庭主妇）告诉《新明日报》，她是在今年1月22日，聘请一名来自印尼的女佣（32岁）到家里工作，女佣回家当天就频频咳嗽。 “我去询问女佣代理，他推说那是普通感冒，并强调女佣通过身体检查，X光照片也没有问题。” 后来，卢女士担任医生的媳妇，在二月中旬产下男婴，女佣也协助看顾男婴。 卢女士说，这段期间，女佣虽然有服用药物，可是病情没有起色，直到五月份，女佣突然发高烧，无法照顾男婴，她觉得不对劲，于是在五月底带女佣给家庭医生进一步检查和重拍X光。 卫生部和人力部，目前正在调查为卢女士的女佣进行的体检报告；印尼大使馆：过去三年来无类似投诉。完整报道，请翻阅26.07.2011《新明日报》。

since you already know his company is register in Malaysia. When you engage his service, you should already had this awareness. USE at your own risk

You give a OZ link. Do the parent need to pay the tuitor air-flight $$$

Can. Sell away your condo with 6 mth after you had purchase EM (resale)

I think you are refer to this HWZ also has the same topic and the list is longer. BUT.. I forget where liao..

http://sg.news.yahoo.com/blogs/singaporescene/pore-property-crash-serious-095330844.html This property-crazed city of five million seems ****-bent on disproving the old theory that what goes up must come down. Despite warnings of a possible crash, land-squeezed Singaporeans and rich foreigners are still buying private (as well as resale public) homes at red hot prices. Shrugging away a number of cooling measures, the property bull — which became active in 2005 — has continued to charge, albeit at a slower pace. A recent prime condo traded at a new record high of S$5,842 psf. Prices had shot up another 17.6 percent in 2010, setting off alarm bells of a bubble building. It is giving Minister for National Development Khaw Boon Wan nightmares. Last month he warned that the market could head for a possible collapse because of vastly increased supply. Most analysts agree that a blow-up is coming but disagree on the intensity and timing. One said it could happen as early as 2013. However, there doesn't seem to be any real fear. Singaporeans and foreigners, who made up 29 percent of buyers last year, are still opening their cheque books to developers. "People have short memories. Tell them prices will fall, they will laugh. Remember the property crash of 1998? It only fully recovered after 12 years," reminded Clinton Lee. "History would repeat itself. It happened in the 1990s and would happen again," said a blogger. Fundamentals believed to be supporting high prices The fundamentals — low money costs and high immigration — however, continue to convince many Singaporeans and foreigners that property still makes good investment. For simplicity, this article excludes public properties. There are two reasons for this traditional craze. Firstly, land in Singapore is scarce and finite. Secondly, it is considered a good investment because, while supply is limited, demand will grow as long as there is economic growth and stability. Some 20 years ago, the population was three million; it is now five million, up 40 percent. Not surprisingly, property values more than followed. (The private property price index has jumped from 33.3 points in 1980 to 202.8 points in 2010) In most other countries, people generally buy a home for long-term residency, and they sell only if they get a job in a distant place. But a large majority of Singaporeans who can afford it often sell their home for another "to take profit" — or to upgrade or downgrade. This is not new, but has in recent years been joined by a plethora of foreigners, including mainland Chinese, Indonesians, Malaysians and Indians. A survey some years back found that 53 percent of Singaporeans had moved homes at least once in the previous 10 years. Reasons: upgrading, downgrading or speculation. Several thousands migrated abroad. Owners plan to 'flip' homes or rent them out The value of private homes gave investors a real return of 8.6 percent a year between 2005 and 2010. The attitudes and lifestyles mean that residential homes are seldom permanent for the new generation. If they are not sold off, they are rented out to foreigners. The spiralling market has created a traditional speculative fervour among many owners. Most do not hesitate to sell their homes for a profit and buy another on downturns. Tens of thousands of ordinary Singaporeans — from secretaries to doctors — hope to "flip" homes the way they do shares. Like stocks, they sometimes lose, and lose big, as when the balloon burst in 1996. Values dropped by 38 percent, wiping out billions of dollars in citizens' assets. The phenomenon had occurred elsewhere in developed cities like Tokyo, Hong Kong, Paris and Brussels, some of which had crashed even more dramatically. There are also many short-term bankrupts who borrowed and bought high before a downturn. One analyst observed that people who bought private properties in 1996 were actually getting a negative real return of 0.6 percent as of the end of last year. Rising beyond the reach of ordinary folk The rocketing prices have moved private property ownership out of reach of most fresh graduates setting out in life. If they are lucky, they may get a government flat. In some cases, they are an obstacle to young couples getting married or raising children. Data shows that from 1990 to 2008, private home prices tripled, while household incomes only doubled. This implied that private homes were significantly less affordable now than 20 years ago, since the rise in home prices had outstripped income growth by 50%. At the moment, investors are smiling. Property websites have had more than their fair share of optimism recently. A condominium bought for S$600,000 at the beginning of 2010 was reportedly sold at a profit of S$100,000 within 12 months. Some home-seekers are staying by the sideline, preferring to wait. Scenario of a property crash In a full blown world financial crisis impacting Singapore, money could leave the country, property buyers disappear and the stock market crash. There could be tens of thousands of empty condos looking for foreign tenants, and the consequences would reverberate throughout the economy, especially in stocks, banks, cars, jobs and higher bankruptcies. Many passive homeowners may pay a price, too. Boom or bust, it will not have a lasting effect on people's lives — which will recover, but for some, only after years. They will always evolve around property, public or privately-built. One factor will not change, however: Private homes will be harder for the young generation to own. Meanwhile, the buying and selling continue, with prices remaining high pending any further government action. Property researcher Getty Goh asked in a crucial headline question: "Property 2013. Buyers versus sellers: Who will blink first?" ================== have some fun. Crash or no crash

http://sg.news.yahoo.com/blogs/property-blog/100k-plus-cash-premiums-offered-tampines-flat-091646819.html Following our breaking story on the asking price of $900,000 for an executive apartment in Pasir Ris, PropertyGuru received an exclusive tip-off from a property agent representing Knight Frank. The agent, who only wants to be identified as Ravin, said he sold an executive mansionette flat at Block 151 Tampines Street 12 in March this year for $772,500. According to the valuation report, the flat had a market value of $625,000 in December last year. It was sold above valuation at $147,500 in March this year. "We were marketing this property over two Sundays and had about 50 plus buyers come for the viewing. Almost half were able to offer COV of more than $100,000," said Ravin. According to Ravin, the profiles of the potential buyers were Singaporeans in their late 30s to late 50s. About five were able to offer a COV of more than $125,000. "These buyers had the cash as most had sold off their landed property, private apartments, or HDB flats with good profits. Most were business owners," said Ravin. Record COV? Despite the high COV the mansionette achieved, it will soon be overshadowed by the executive apartment in Pasir Ris should it be able to command the asking price of $900,000, which had shot up to $918,000 after the story broke. Taking recent transactions as a benchmark valuation price in Pasir Ris, executive apartments in the area are about $600,000. The new asking price of $918,000 will translate to a record COV of $318,000. COVs unlikely to go down Despite the cooling measures, experts say COVs are unlikely to go down. "The average COV now is about $30,000 to about $40,000 (or) to $50,000 in better and prime locations. I believe that's because of the demand in the market, which comes from newlyweds as well as new PRs and new immigrants coming to Singapore. Although there's a lot of BTO coming up, COV unfortunately will still be going up in the near future," Mark Teo, senior group division director at ERA was reported as saying to Channel NewsAsia. Others say the new Build-to-Order announcement will ease pressure from the resale market. "COV prices are bottoming out at around $21,000 and many first-time buyers will still be priced out of the resale market for this reason. Hence, they will definitely find great relief in this bumper crop of BTO flats," said Adam Tan, PropNex corporate communications manager. New BTO flats eases pressure from resale market The new HDB flats wil comprise seven BTO projects spread across five estates, namely Sengkang, Tampines, Jurong West, Bukit Panjang and Yishun. Most of the flats on offer are four and five-room units priced at $217,000 and $274,000 respectively. According to HDB, it is on track to deliver 25,000 BTO flats in 2011. The supply of new flats is expected to ease pressure from the resale market which could see their prices falling in the next six months. This is partly due to economists' recent revision of weaker economic growth in the second quarter and a 25 percent drop in private property transactions in June. The Resale Price Index (RPI) was 179.9 points in the second quarter, an increase of 2.9 percent over the first quarter.

LOL. U are right. I totally mix up buyer and seller. I edit the early port