lonelyglobe Posted January 11, 2018 Report Share Posted January 11, 2018 35yo bto is only for first-timer but I m not sure 55yo bto does one have to be a first-timer too? Quite difficult for someone to be 55yo and a first-timer Anyway they keep changing the rules and regulations, confusing themselves and confusing everyone Quote Link to comment Share on other sites More sharing options...
thickhead79 Posted January 11, 2018 Report Share Posted January 11, 2018 10 hours ago, Guest Canberra said: What are the businesses that have commenced in the new Canberra estate? Supermarkets? Food centre? Fast food? Wet market? Hi we same area. East crown here. Coffee shop Mini super market Clinic Laundry Bread That all Quote Link to comment Share on other sites More sharing options...
lovehandle Posted January 11, 2018 Report Share Posted January 11, 2018 7 hours ago, LeanMature said: There is also one for 55yo and above in mature estates, cheaper but less than 99 years lease. Can select from 15 to 40 years lease. tks for sharing useful info those older ones have to own some deeper pockets Quote Link to comment Share on other sites More sharing options...
mike_amk Posted January 11, 2018 Report Share Posted January 11, 2018 As a Single, I believe we need to look many years ahead regarding our housing needs. I for one, feel that the BTO 2-Room flat is not entirely a good option. When we are much older...mid-80's, there would come a time perhaps to employ a stay-in housekeeper/caregiver, if we do not wish to live in an Old-Folks Home. So the problem you'd face in a 2-Room flat is, where does the housekeeper sleep? In view of this, I have made it a point to choose a larger flat with more rooms. I would therefore have one larger bedroom to rent out and provides additional income while keeping the smaller bedroom for my caregiver to live in. So, In my opinion, for Singles who are able to afford the resale market prices, Please consider a larger flat first. This would allow you to sell it if needed at a good price should you need to go into a nursing home later in life, and be able to pay for it without having to ask anyone for assistance financially and even purchase your own funeral package in advance according to how you'd like your send off to be arranged. I am having discussions with a few funeral directors on how to buy a Funeral Insurance Package in advance for myself. I feel that the BTO 2-Room serves a very basic need where financial concerns prevents a person from a longer term better option. A 3-Room Flat should be the starting point... and is easier to sell if need be. I feel that the GOVT is out of touch with the reality of SINGLES... they seem to think that just giving the singles a new 2-room option will shut them up . Very Short-sighted and backhanded approach I felt, for us who on a single income have to look after both our parents home and our own homes. Just my thoughts, Peace and Love, Mike aedile1234 1 Quote Link to comment Share on other sites More sharing options...
lonelyglobe Posted January 11, 2018 Report Share Posted January 11, 2018 U r right....single is never the priority for the govt as they dont reproduce and eventually the govt may have to end up spending more health cost on them....35 can start with a 2 room bto, clear your cpf and 5 years later, sell it and buy a 3 room or 4 room, remember once u buy resale with subsidy u will not be eligible for bto.....for those who want the lease buy back, as of now is only 4 rooms and below, u have to keep 30 years at age 65 and must still have min 20 years to sell, which mean u need to get a flat built around 2000. Quote Link to comment Share on other sites More sharing options...
Guest Canberra Posted January 11, 2018 Report Share Posted January 11, 2018 8 hours ago, thickhead79 said: Hi we same area. East crown here. Coffee shop Mini super market Clinic Laundry Bread That all Thanks for the update. I will check out the facilities during my off days. Keys collection still far away. Quote Link to comment Share on other sites More sharing options...
transmissionsm Posted January 11, 2018 Report Share Posted January 11, 2018 You can hire a helper even if you stay 2 room. I think it's access case by case basis. If I really get my own 2 room flat, it will be only for privacy reasons else there is no other reasons for me to get my own single bto. I don't think my parents will mind me staying with them. Quote Link to comment Share on other sites More sharing options...
LeanMature Posted January 12, 2018 Report Share Posted January 12, 2018 18 hours ago, -Ignored- said: tks for sharing useful info those older ones have to own some deeper pockets 17 hours ago, lonelyglobe said: U r right....single is never the priority for the govt as they dont reproduce and eventually the govt may have to end up spending more health cost on them....35 can start with a 2 room bto, clear your cpf and 5 years later, sell it and buy a 3 room or 4 room, remember once u buy resale with subsidy u will not be eligible for bto.....for those who want the lease buy back, as of now is only 4 rooms and below, u have to keep 30 years at age 65 and must still have min 20 years to sell, which mean u need to get a flat built around 2000. Point to note is you are not allowed to rent out 2-room flat in the event you moved to a private property or company sent you for overseas posting. Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
lovehandle Posted January 12, 2018 Report Share Posted January 12, 2018 2 minutes ago, LeanMature said: Point to note is you are not allowed to rent out 2-room flat in the event you moved to a private property or company sent you for overseas posting. Yes anyway rental will lead to increase in property tax Income ceiling Your total household gross income must not exceed $1,500 per month. http://www.hdb.gov.sg/cs/infoweb/residential/renting-a-flat/renting-from-hdb/public-rental-scheme/eligibility Number of bedrooms and occupants allowed for subletting The number of bedrooms that flat owners can sublet and the maximum number of occupants allowed in each flat depends on the flat type as shown below: Flat Type Maximum Number of Bedrooms^ Allowed for Subletting Maximum Number of Occupants* Allowed in Each Flat 3-room 1 6 4-room and bigger 2 9 * Occupants include owners, authorised occupiers, and subtenants. ^ Only bedrooms originally constructed by HDB can be rented out. All other parts of the flat (including partitioned rooms) cannot be used as bedrooms for subtenants http://www.hdb.gov.sg/cs/infoweb/residential/renting-out-a-flat-room/renting-out-your-flat/rental-statistics Flat Types The following table provides an overview of the types of flats that you are eligible to rent under the Public Rental Scheme, subject to availability. Scheme Household Size & Income Flat Types 1-Room 2-Room Family Scheme No household income (regardless of the number of persons in the household) Applicable N/A 2-person household with earned income* Applicable N/A Families with earned income* and comprising 3 or more individuals Applicable Applicable Joint Singles Scheme N/A Applicable N/A * Less than or equal to $1,500 . Quote Link to comment Share on other sites More sharing options...
Guest Right? Posted January 12, 2018 Report Share Posted January 12, 2018 18 hours ago, mike_amk said: As a Single, So the problem you'd face in a 2-Room flat is, where does the housekeeper sleep? Mike Oh dear! No privacy at all if some caregiver (usually woman) were to sleep with you inside the same house. I would prefer the caregiver to spend half day on alternate day instead of having to having to be there withyou24/7. If you can't even take care of yourself 24/7, what is the point of having a flat at all? Go to hospice or old folks home better right? Quote Link to comment Share on other sites More sharing options...
Guest Vic Posted January 12, 2018 Report Share Posted January 12, 2018 On 6/27/2008 at 2:03 PM, taxme7 said: I am also considering buying a flat. But some sellers really pissed me off. The cash over valuation is ridiculously high. Most probably I will wait till the property market goes down further then buy a 4 rm HDB. How much u plan for a 4rm ? Quote Link to comment Share on other sites More sharing options...
Guest Vic Posted January 12, 2018 Report Share Posted January 12, 2018 On 3/31/2010 at 9:47 AM, Guest guest said: On 3/31/2010 at 4:28 AM, thirty5 said: Hi there, I am reaching 35 years old this year and would like to buy a HDB flat. I believe that some of you have already been through this, so I would like to seek some advise. please go to a professional agent and dont listen to baloo he himself is not sure. all answer u can get from there. or go to HDB Hub. there r some changes in HDB rules only HDB can answer u not baloo or those past buyers. Quote Link to comment Share on other sites More sharing options...
Guest vic Posted January 12, 2018 Report Share Posted January 12, 2018 Who having the same ideal of getting BTO 2room can chat for ideal and information. Email at victor.ow7@gmail.com Quote Link to comment Share on other sites More sharing options...
Guest Gaia Posted January 12, 2018 Report Share Posted January 12, 2018 45 minutes ago, Guest Vic said: How much u plan for a 4rm ? Why u use quote from someone wrote on 2008, its donkey year rules has changed Nowadays. Only after deal with seller of the price by paying option fee ($1000), then u invite valuer to value the house price (buyer to pay, cost $200) So its the other way around now, not seller suka suka say he want how much cov. So if the valuation above deal price, the difference is what we call COV. U can choose to go ahead with the deal or choose to cancel but then ur $1k forfeit. If valuation below deal price. Seller can not cancel the deal Quote Link to comment Share on other sites More sharing options...
lovehandle Posted January 13, 2018 Report Share Posted January 13, 2018 (edited) who is with us? though not living alone, I love the real city (even many would claim that sg is so small, how far can it get, but not all have their own transportation) I have friends who wish to pay much MORE to live alone (no longer to choose to live w parents) but they wanted it to be downtown/city area excuse me, tpy etc are not downtown and I rem there r some forummers who cannot get it right, not sure whyWhat we talked about dwntwn must be in this scope/circle in the central Using this Official chart as a guide: http://www.propertyhub.com.sg/singapore-district-guide.html All u need to rem is dist 1-10: (but chip off some parts of D8 and 5 especially ) U can search for properties' price range too (for me, it is very ez to compute whether u r living in a city, if by car on a non-jam day, all u need is to take a less than 15min to reach orch, u knew u r definitely living in the city, yes by car to have a rough gauge, not using mrt stops) If u rem during the earlier days where sg postal code is of 4 digits, the first two digit eg 0516, the "05" is the same district we r talking referg to that map above....and the experts will know what it meant/costs to live in d1-10 (yes they are those poor pp flats, those flats on loan in these matured estates, those are not counted in the resale value) I do agree many random membrs who wanna propose hook-ups or meetups , their places are NOT those in the scope (nothing wrong but far) I often see Serangoon, Punggol, tamp esp Edited January 13, 2018 by lovehandle Quote Link to comment Share on other sites More sharing options...
Guest Gaia Posted January 13, 2018 Report Share Posted January 13, 2018 7 hours ago, -Ignored- said: who is with us? though not living alone, I love the real city (even many would claim that sg is so small, how far can it get, but not all have their own transportation) I have friends who wish to pay much MORE to live alone (no longer to choose to live w parents) but they wanted it to be downtown/city area excuse me, tpy etc are not downtown and I rem there r some forummers who cannot get it right, not sure whyWhat we talked about dwntwn must be in this scope/circle in the central Using this Official chart as a guide: http://www.propertyhub.com.sg/singapore-district-guide.html All u need to rem is dist 1-10: (but chip off some parts of D8 and 5 especially ) U can search for properties' price range too (for me, it is very ez to compute whether u r living in a city, if by car on a non-jam day, all u need is to take a less than 15min to reach orch, u knew u r definitely living in the city, yes by car to have a rough gauge, not using mrt stops) If u rem during the earlier days where sg postal code is of 4 digits, the first two digit eg 0516, the "05" is the same district we r talking referg to that map above....and the experts will know what it meant/costs to live in d1-10 (yes they are those poor pp flats, those flats on loan in these matured estates, those are not counted in the resale value) I do agree many random membrs who wanna propose hook-ups or meetups , their places are NOT those in the scope (nothing wrong but far) I often see Serangoon, Punggol, tamp esp but Toa payoh only 3mrt stop away from Orchard, its like less than 10min to reach orchard haha kidding i know what you mean sidetrack about downtown, core down town, what i like about CBD during weekend is it looks like ghost town, and funny that i like it, feel relax and quiet. for those who live alone, do you guys feel a bit of depress sometimes or loneliness? soon i will move to my own place, i wonder will i feel that way especially during weekend if i dont have plan to go around. (yeah single here lol) Quote Link to comment Share on other sites More sharing options...
lovehandle Posted January 13, 2018 Report Share Posted January 13, 2018 24 minutes ago, Guest Gaia said: but Toa payoh only 3mrt stop away from Orchard, its like less than 10min to reach orchard haha kidding i know what you mean sidetrack about downtown, core down town, what i like about CBD during weekend is it looks like ghost town, and funny that i like it, feel relax and quiet. for those who live alone, do you guys feel a bit of depress sometimes or loneliness? soon i will move to my own place, i wonder will i feel that way especially during weekend if i dont have plan to go around. (yeah single here lol) it is by car, not by MRT (I clearly indicated) and it is under the single digit but congrats, u get to have your own place for fun! why will it be dpressing if it is depressing , no1 will move out to live alone Quote Link to comment Share on other sites More sharing options...
lovehandle Posted February 4, 2018 Report Share Posted February 4, 2018 while it nt apply to all https://www.channelnewsasia.com/news/singapore/hdb-to-extend-open-kitchen-concept-to-all-bto-projects-from-9925794?cid=FBcna Quote Link to comment Share on other sites More sharing options...
LeanMature Posted February 4, 2018 Report Share Posted February 4, 2018 On 13/1/2018 at 7:01 PM, Guest Gaia said: but Toa payoh only 3mrt stop away from Orchard, its like less than 10min to reach orchard haha kidding i know what you mean sidetrack about downtown, core down town, what i like about CBD during weekend is it looks like ghost town, and funny that i like it, feel relax and quiet. for those who live alone, do you guys feel a bit of depress sometimes or loneliness? soon i will move to my own place, i wonder will i feel that way especially during weekend if i dont have plan to go around. (yeah single here lol) You can tired yourself by doing housework or deco during weekends to occupy your time. Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
chapapa Posted February 4, 2018 Report Share Posted February 4, 2018 Hey guys! I would like to ask an opinion here... planning to get my own resale flat this year (35 Years old Yay!) But I am looking around Chinatown area, the place is very convenient, sandwich between 2 good MRT lines but only thing is the HDB there is pretty old (ave > 35 years) and also the void deck and ground floors are usually shops and or markets... very smelly messy. Would it be a compromise you think for the location? I love the CBD but I went to see houses in Kalantan lane and also Selegie but then... MRT is very far or the downtown line is the doesn't makes sense line (Jalan Besar) and bugis isn't near enough... but cheaper... ugh so many choices. Would like to know how you guys think about this? Also the loan for older flats won't be able to get maximum loan... but chinatown I think possible still... Quote Link to comment Share on other sites More sharing options...
LeanMature Posted February 5, 2018 Report Share Posted February 5, 2018 16 hours ago, chapapa said: Hey guys! I would like to ask an opinion here... planning to get my own resale flat this year (35 Years old Yay!) But I am looking around Chinatown area, the place is very convenient, sandwich between 2 good MRT lines but only thing is the HDB there is pretty old (ave > 35 years) and also the void deck and ground floors are usually shops and or markets... very smelly messy. Would it be a compromise you think for the location? I love the CBD but I went to see houses in Kalantan lane and also Selegie but then... MRT is very far or the downtown line is the doesn't makes sense line (Jalan Besar) and bugis isn't near enough... but cheaper... ugh so many choices. Would like to know how you guys think about this? Also the loan for older flats won't be able to get maximum loan... but chinatown I think possible still... Chinatown is good for rental if you are a tenant. Not advisable to buy as lease life is left with 40plus years. Many eateries are crowded with tourists and certain period of the year the area is blocked off for countdown to CNY and Mooncake festival. Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
Rice60640 Posted February 5, 2018 Report Share Posted February 5, 2018 . 21 hours ago, chapapa said: Hey guys! I would like to ask an opinion here... planning to get my own resale flat this year (35 Years old Yay!) But I am looking around Chinatown area, the place is very convenient, sandwich between 2 good MRT lines but only thing is the HDB there is pretty old (ave > 35 years) and also the void deck and ground floors are usually shops and or markets... very smelly messy. Would it be a compromise you think for the location? I love the CBD but I went to see houses in Kalantan lane and also Selegie but then... MRT is very far or the downtown line is the doesn't makes sense line (Jalan Besar) and bugis isn't near enough... but cheaper... ugh so many choices. Would like to know how you guys think about this? Also the loan for older flats won't be able to get maximum loan... but chinatown I think possible still... I am also looking for a place to buy and is constantly asking the same question. Is there such a thing as the perfect location? Quote Link to comment Share on other sites More sharing options...
trumpeter Posted February 5, 2018 Report Share Posted February 5, 2018 Near the MRT and hawker center ... good location Quote Link to comment Share on other sites More sharing options...
chapapa Posted February 5, 2018 Report Share Posted February 5, 2018 7 hours ago, LeanMature said: Chinatown is good for rental if you are a tenant. Not advisable to buy as lease life is left with 40plus years. Many eateries are crowded with tourists and certain period of the year the area is blocked off for countdown to CNY and Mooncake festival. I was there during Sunday, the crazy CNY period! But still able to get to the place... lucky I don't drive though.... location is REALLY good... price is really expensive only... but I think it might be worth it considering it cuts my travel time in 1/2 to work. Quote Link to comment Share on other sites More sharing options...
Guest G. Soon Posted February 6, 2018 Report Share Posted February 6, 2018 I dont like chinatown for living. The area too noisy n feel dirty n commercialised. Personally i like area away from tourist spot, just a regular residential area, but still near n accessible to downtown by mrt. Agree with the one saying near mrt n hawker centre main point to have a good housing location n price wont drop too bad if anything happen. Quote Link to comment Share on other sites More sharing options...
LeanMature Posted February 6, 2018 Report Share Posted February 6, 2018 35 minutes ago, Guest G. Soon said: I dont like chinatown for living. The area too noisy n feel dirty n commercialised. Personally i like area away from tourist spot, just a regular residential area, but still near n accessible to downtown by mrt. Agree with the one saying near mrt n hawker centre main point to have a good housing location n price wont drop too bad if anything happen. Not just Chinatown, but areas like Outram, Bugis, Tanjong Pagar, Tiong Bahru, those located in CBD vinicity are equally crowded with residential buildings. Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
abang Posted February 12, 2018 Report Share Posted February 12, 2018 May I propose my neighhourhood, Potong Pasir as a good alternative? Well it has the North East line, just 4 stations to Dhoby Ghaut or 2 stations to Serangoon. It was built in the 80s but yet resisted all forms of "expected" decays. At the last general election, the number of eligible voters was just slightly above 15000, making it the smallest single ward. As it is, there are no major shopping malls to boast but the serenity of this place is outstanding. Most nights, I prefer to take a post-dinner walk along the Park Connector, from St. Andrews to Braddell. OK back to a recent BTO issue... open concept kitchen.. It seems that ST and HDB ganged up with that rather misleading report/video. I visited the HDB gallery some time ago and was NOT really impressed with the "closeness" of things. Sure it did enlarge the space visually but the actual floor area is about 15-20% smaller than my humble abode. It may appeal to those who rarely cook - I mean it has to remain in its pristine/mint condition. Anyone who cooks proper food know that there is no escape from the smell and smoke. What if you want to do a kangkong with sambal belachan, Indian curry or some very "fragrant" food....? How on hell can you separate the spaces ...kitchen from living room? I much prefer the existence of a partition - wall or glass to keep everything from diffusing around. 会煮饭菜的人会赞同吗？ 厨房的油烟飘到客厅。。 明眼人都应该知道答案了吧。。 我比较喜欢有隔离的空间。 Quote Link to comment Share on other sites More sharing options...
lovehandle Posted February 12, 2018 Report Share Posted February 12, 2018 but Abang the concept of open kitchen is to mix and blend in your cooking area into the living room, isn't it? and it is to create tightness and closeness for guest to mingle For those who are not into such a concept, will not like it Quote Link to comment Share on other sites More sharing options...
abang Posted February 12, 2018 Report Share Posted February 12, 2018 你是“蠢” 或 “傻”。。 人家混肴的说法， 把面积变小，说好用。。你就相信。。 客人就应该坐在客厅， 不用看到你在厨房忙碌。 你真的要“敲敲我的头”。。 。 ***你要高唱： 敲敲敲敲我的头 看看它是不是有用敲敲敲敲我的头 看看有没有进步很多 。。 掉进生活的漩涡 全部都搞错。。 Quote Link to comment Share on other sites More sharing options...
LeanMature Posted February 12, 2018 Report Share Posted February 12, 2018 The open kitchen concept suit modern day Singaporean who hardly cook or doesn't cook. Eat out or takeout only. Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
lonelyglobe Posted February 12, 2018 Report Share Posted February 12, 2018 yap and hdb can save the cost of constructing a partition and yet selling at the same price Quote Link to comment Share on other sites More sharing options...
Guest Posted February 12, 2018 Report Share Posted February 12, 2018 10 minutes ago, lonelyglobe said: yap and hdb can save the cost of constructing a partition and yet selling at the same price the owner have to fork out extra cash to conceal it.... by building window to seal up. Quote Link to comment Share on other sites More sharing options...
Rice60640 Posted February 12, 2018 Report Share Posted February 12, 2018 Open kitchen makes everywhere looks dirty. You wash at the sink and splash water on the floor. You can see the water stain from the living room and so it looks like the living room is also dirty. Also the smell of whatever You cook permeates everywhere. Quote Link to comment Share on other sites More sharing options...
Guest Private Posted February 12, 2018 Report Share Posted February 12, 2018 The kitchen partition provides much needed privacy. If not people can watch you having dinner at the dinning area (usually shared with living room). Sometime I stayed until 3 to 4am and didn't want my next block neighbour to know I am awake, so I just switch on my dinning table light while the kitchen partition shield me from being watched. Another advantage of having blocked kitchen is to prevent you from directly seeing the present of toilet, can't imagine eating my dinning when someone is still pan-sai inside the toilet in an open concept kitchen. Quote Link to comment Share on other sites More sharing options...
kratos Posted February 12, 2018 Report Share Posted February 12, 2018 (edited) I actually knock down my walls for an open kitchen concept. The fortunate thing is I don't cook "heavy" stuff, not much fried and oily food. I cook about once or twice a week. I used my oven frequently instead to cook meat, bake stuff etc, so I got no issues maintaining my kitchen cleanliness. The good thing is I get more free play in planning my storage and layout, and generally make the space look bigger. I really liked it. I do understand if people cook stuff like fried fish, curry or with a lot of oil, the smell is going to get everywhere. Edited February 12, 2018 by kratos Quote Link to comment Share on other sites More sharing options...
LeanMature Posted February 13, 2018 Report Share Posted February 13, 2018 Open concept kitchen is for light cooking only. Fried stuff not suitable. Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
thickhead79 Posted February 13, 2018 Report Share Posted February 13, 2018 I use air fryer Quote Link to comment Share on other sites More sharing options...
Guest Mozzie Posted February 13, 2018 Report Share Posted February 13, 2018 Wait till govt start fogging your rubbish chute and you have those oily insecticide all over your open-concept home. Quote Link to comment Share on other sites More sharing options...
Guest Woodie Posted February 13, 2018 Report Share Posted February 13, 2018 4 hours ago, Guest Mozzie said: Wait till govt start fogging your rubbish chute and you have those oily insecticide all over your open-concept home. New flat dont have rubbish chute inside the flat Quote Link to comment Share on other sites More sharing options...
keyboard Posted March 21, 2018 Report Share Posted March 21, 2018 Hi all home owners, the singles 2-room scheme debuted in 2013 and the first batch of 3300 have collected their keys in end Jan 2018. Are there key points that you have learnt for the non-owners to take note of, especially on how to get started on the renovation (costs, where to buy light fillings, furniture etc). What's the "in" thing in interior design nowadays. Is there a way to share WiFi instead of having one in a 2-rm flat? Are there already regrets and how is the mix of tenants at your place? Hi all home owners, the singles 2-room scheme debuted in 2013 and the first batch of 3300 have collected their keys in end Jan 2018. Are there key points that you have learnt for the non-owners to take note of, especially on how to get started on the renovation (costs, where to buy light fillings, furniture etc). What's the "in" thing in interior design nowadays. Is there a way to share WiFi instead of having one in a 2-rm flat? Are there already regrets and how is the mix of tenants at your place? Quote Link to comment Share on other sites More sharing options...
thickhead79 Posted March 21, 2018 Report Share Posted March 21, 2018 33 minutes ago, keyboard said: Hi all home owners, the singles 2-room scheme debuted in 2013 and the first batch of 3300 have collected their keys in end Jan 2018. Are there key points that you have learnt for the non-owners to take note of, especially on how to get started on the renovation (costs, where to buy light fillings, furniture etc). What's the "in" thing in interior design nowadays. Is there a way to share WiFi instead of having one in a 2-rm flat? Are there already regrets and how is the mix of tenants at your place? Hi all home owners, the singles 2-room scheme debuted in 2013 and the first batch of 3300 have collected their keys in end Jan 2018. Are there key points that you have learnt for the non-owners to take note of, especially on how to get started on the renovation (costs, where to buy light fillings, furniture etc). What's the "in" thing in interior design nowadays. Is there a way to share WiFi instead of having one in a 2-rm flat? Are there already regrets and how is the mix of tenants at your place? I stay 2 room at canberra Quote Link to comment Share on other sites More sharing options...
lonelyglobe Posted April 12, 2018 Report Share Posted April 12, 2018 anyone of you refinancing your home loan recently? which bank u choose? fixed or floating? check with a few bank and DBS seems to have the best offer so far at 1.65% for floating and 1.85 for fixed rate Quote Link to comment Share on other sites More sharing options...
Guest Confused flat buyer Posted January 17, 2019 Report Share Posted January 17, 2019 Hi all, Wanna check if anyone can help to advise on this situation. I've bought my current flat with HDB Concessionary Loan 10 years back. Then 3 years ago, I applied a new BTO with a 2nd HDB Concessionary Loan & now the keys are ready for collection. If by the time of keys collection, I have not sell my present flat, what will happen to my CPF refund & cash proceeds when I managed to sell my current flat after keys collection? I heard 50% of the cash proceeds have to be used to reduce the loan amount? Is that true? Take for example, 2nd HDB Concessionary Loan for new flat = $200K CPF Refund from sale of current flat = $180K Cash proceeds from sale of current flat = $100K So does it means: 1) $200K - $50K (50% of cash proceeds) - $150K (CPF Refund) or 2) $200K - $180K (CPF Refund) - $20K (Deduct from cash proceeds) Hopefully someone who knows can advise. Thank you! Have tried to call my HDB officer several times but she never pick up the call, very frustrating! Quote Link to comment Share on other sites More sharing options...
Guest Temasickening. Posted January 31, 2019 Report Share Posted January 31, 2019 On 1/17/2019 at 5:23 PM, Guest Confused flat buyer said: Hi all, Wanna check if anyone can help to advise on this situation. I've bought my current flat with HDB Concessionary Loan 10 years back. Then 3 years ago, I applied a new BTO with a 2nd HDB Concessionary Loan & now the keys are ready for collection. If by the time of keys collection, I have not sell my present flat, what will happen to my CPF refund & cash proceeds when I managed to sell my current flat after keys collection? I heard 50% of the cash proceeds have to be used to reduce the loan amount? Is that true? Take for example, 2nd HDB Concessionary Loan for new flat = $200K CPF Refund from sale of current flat = $180K Cash proceeds from sale of current flat = $100K So does it means: 1) $200K - $50K (50% of cash proceeds) - $150K (CPF Refund) or 2) $200K - $180K (CPF Refund) - $20K (Deduct from cash proceeds) Hopefully someone who knows can advise. Thank you! Have tried to call my HDB officer several times but she never pick up the call, very frustrating! Better head down to HDB branch office on your queries. There is also a caculator in HDB website to show you the amount of money you will receive. On seperate note, you also must meet the CPF latest policies of minimum sum aside for retirements, depending on age...etc. HDB & CPF policies will largely affect the amount of money you will collect and how much you can used to finance the HDB loan. Once you reached 50yo, CPF will begin to tighten your CPF usage by calculating the percentage of money you can buy a HDB. Put it simply, trash out with HDB staff and CPF staff. Quote Link to comment Share on other sites More sharing options...
Guest Temasickening Posted January 31, 2019 Report Share Posted January 31, 2019 1 minute ago, Guest Temasickening. said: Better head down to HDB branch office on your queries. There is also a caculator in HDB website to show you the amount of money you will receive. On seperate note, you also must meet the CPF latest policies of minimum sum aside for retirements, depending on age...etc. HDB & CPF policies will largely affect the amount of money you will collect and how much you can used to finance the HDB loan. Once you reached 50yo, CPF will begin to tighten your CPF usage by calculating the percentage of money you can buy a HDB. Put it simply, trash out with HDB staff and CPF staff. Don't forget, you still owe CPF accrued interest if your previous HDB was financed by CPF money. That portions needs to be taken into consideration whether you will get the cash proceed of the amount you thought you will get. Quote Link to comment Share on other sites More sharing options...
Guest HDBer Posted February 25, 2019 Report Share Posted February 25, 2019 Quite sian, balloted for past 4 years for 2 room bto, only twice got a queue number that is 200 over the allocated number of flats, end up always looking at options that are on the 2nd or 3rd floor, or directly in front of mosque or temple, those that nobody wants. Quote Link to comment Share on other sites More sharing options...
Letsrelaxpp Posted February 25, 2019 Report Share Posted February 25, 2019 2 hours ago, Guest HDBer said: Quite sian, balloted for past 4 years for 2 room bto, only twice got a queue number that is 200 over the allocated number of flats, end up always looking at options that are on the 2nd or 3rd floor, or directly in front of mosque or temple, those that nobody wants. You are very patient but u need to give yourself a dateline, otherwise by 50 u probably still don't have a house. . If is me, I would have get a resale and start to rent out spare rooms, 650 a month and 4 years will be over 30k liao...and if Is 2 rooms, that will be 60 over K Quote Link to comment Share on other sites More sharing options...
Guest HDBer Posted February 25, 2019 Report Share Posted February 25, 2019 5 hours ago, Letsrelaxpp said: You are very patient but u need to give yourself a dateline, otherwise by 50 u probably still don't have a house. . If is me, I would have get a resale and start to rent out spare rooms, 650 a month and 4 years will be over 30k liao...and if Is 2 rooms, that will be 60 over K Yah, giving til mid year to try the new system, see if it’s better. Quote Link to comment Share on other sites More sharing options...
thickhead79 Posted February 25, 2019 Report Share Posted February 25, 2019 11 hours ago, Guest HDBer said: Quite sian, balloted for past 4 years for 2 room bto, only twice got a queue number that is 200 over the allocated number of flats, end up always looking at options that are on the 2nd or 3rd floor, or directly in front of mosque or temple, those that nobody wants. I got level 4 It just a temp place 2 room flat No wait Quote Link to comment Share on other sites More sharing options...
LeanMature Posted February 26, 2019 Report Share Posted February 26, 2019 15 hours ago, Letsrelaxpp said: You are very patient but u need to give yourself a dateline, otherwise by 50 u probably still don't have a house. . If is me, I would have get a resale and start to rent out spare rooms, 650 a month and 4 years will be over 30k liao...and if Is 2 rooms, that will be 60 over K Is there a rule to say that you can only rent out your flat after staying for 5 years ? Quote Don't read and response to guests' post Link to comment Share on other sites More sharing options...
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