Discussion About Single & Hdb Flat Ownership + Hdb Loan (Compiled)

[Guest Guest]

3 hours ago, Guest guest said:

I still believe luck plays a part in buying a flat. Example my requirement for a flat is mid to high floor and corner unit. But sometimes you really cannot find corner unit on mid floor and above selling. Either all units selling are corridor units or corner unit with low floor.

 

Also find the current marker is seller marker than buyer market. There are more buyers than the units available in the market. Often even you really found a unit that meets all your requirements, and you offer to the seller, but the seller does not necessary will sell the flat to you and might ended the flat is sold to another buyer.

 

This is why i am thinking should i just rent a unit for the time being and wait out.

 

Unlike BTO, getting a resale requires lots of cash. If you come across a unit that you like, be the first to meet the seller's asking COV and sign the SPA.  Must act fast in today's red hot market. 

[thickhead79]

A case in which a female agent was fined SGD$1,000 for illegally selling "original HDB flats" was revealed. It turned out that the owner took the key but said he had no money to renovate it. In addition, he wanted to accompany his elderly parents who lived alone, so he never moved into the pre-purchased HDB flat. The female agent was in Handle the resale matter knowingly and post photos online with the slogan "Decorate as you like".
 

The Real Estate Agency Council published a case analysis on its official website yesterday (10th) and disclosed that Au Hui Nie, Christina, senior marketing director of ERA Industries, was found guilty of violating ethical and professional customer service standards, including failing to comply with the laws and regulations applicable to the trading unit. and procedures, while damaging the reputation of the real estate industry. On January 18 this year, he received a letter of reprimand and was fined 1,000 yuan.
 

According to the tracking of Shin Min Daily News, the reason why the female agent was punished was that she knew that the owner of a flat in Block 505A, Yishun Street 51 did not meet the HDB resale conditions of the minimum number of years of residence, and still tried to facilitate the resale of the flat. sale, violating HDB resale regulations.
 

The Council of Real Estate Agents disclosed more details in a case study. It turned out that the owners received the keys to the unit in May 2015, but they said they did not have enough funds to renovate the unit and wanted to accompany their elderly parents who lived alone, so they did not move into the new unit. , has stayed in the original house and continued to live with his parents.

They later decided to sell the unoccupied unit, and the female agent who assisted in the sale knew that the owner had never lived in the unit.

The owner's unit was forcibly repossessed by the Housing and Development Board.

[keyboard]

3 hours ago, Guest guest said:

I still believe luck plays a part in buying a flat. Example my requirement for a flat is mid to high floor and corner unit. But sometimes you really cannot find corner unit on mid floor and above selling. Either all units selling are corridor units or corner unit with low floor.

 

Also find the current marker is seller marker than buyer market. There are more buyers than the units available in the market. Often even you really found a unit that meets all your requirements, and you offer to the seller, but the seller does not necessary will sell the flat to you and might ended the flat is sold to another buyer.

 

This is why i am thinking should i just rent a unit for the time being and wait out.

 

Buy something you don't like, slowly find after 5 years. No need renovate etc, lift and go like rentals. It will be equivalent to how much you pay for rental unless you are just renting a single room - even single room is like $6-800 depending on where you rent.

 

3 hours ago, Guest guest said:

Where is Eye of Sauron?

North-East - in Johor

 

2 hours ago, Sweetie Pie said:

Nightmare for people who still haven't got a flat yet.  The price both 2-room and short lease are becoming more rediculously high.   In future, the govt should built more rental flat, back to the old days in the 1960s, 1970s "Swiss standard of living?" 

The govt counts it as 5x annual package = affordable, by that yardstick, quite a lot of outskirts HDB all in those range and no, 5rm is not normal HDB, buy what you can afford they say.

 

27 minutes ago, Guest Guest said:

For those who are in the range of 35-39 today, I can understand that they were badly affected by the Covid-induced price hike. But to those who already crossed mid 40s and still don't own any HDB, this leaves me wonder what have they been doing in the past decade. Too busy concentrating on their career? Or busy socialising?

2rm just didn't appeal to me as the restriction was outskirts, wanted near MRT and not 30 mins to town type. Plus for us gays, still need to take care of parents or siblings.

[Sweetie Pie]

4 hours ago, Guest guest said:

Where is Eye of Sauron?

It is at the place where birds dare not lay egg.  From a distance, you will see a towering chimeny with a red flame at its tip that never goes out and thick smoke emanating from it.  

[Guest guest]

1 hour ago, Guest Guest said:

For those who are in the range of 35-39 today, I can understand that they were badly affected by the Covid-induced price hike. But to those who already crossed mid 40s and still don't own any HDB, this leaves me wonder what have they been doing in the past decade. Too busy concentrating on their career? Or busy socialising?

Those who are past 40s and still don't buy any HDB, either they are still staying in parents house, or they have taken over the ownership of their parents house when their parents have passed on. These people are smart, they are cash rich and cpf rich, since buying a house now is so crazy expensive. 

[Guest guest]

1 hour ago, Guest Guest said:

Unlike BTO, getting a resale requires lots of cash. If you come across a unit that you like, be the first to meet the seller's asking COV and sign the SPA.  Must act fast in today's red hot market. 

Agreed, many greedy sellers, so they asking price is very expensive and unrealistic. Even though willing seller willing buyer, and there is wrong for asking higher price.

 

Anyway, what is SPA?

[Guest Guest]

14 minutes ago, Guest guest said:

Those who are past 40s and still don't buy any HDB, either they are still staying in parents house, or they have taken over the ownership of their parents house when their parents have passed on. These people are smart, they are cash rich and cpf rich, since buying a house now is so crazy expensive. 

What if the senior that owns a 5 Rm HDB got 6 adult (above 35) sons and 6 adult (above 35) daughters and all are still staying there? Is this call smart?

[Guest Guest]

11 minutes ago, Guest guest said:

Agreed, many greedy sellers, so they asking price is very expensive and unrealistic. Even though willing seller willing buyer, and there is wrong for asking higher price.

 

Anyway, what is SPA?

Sales and Purchase Agreement

[Guest guest]

1 hour ago, keyboard said:

Buy something you don't like, slowly find after 5 years. No need renovate etc, lift and go like rentals. It will be equivalent to how much you pay for rental unless you are just renting a single room - even single room is like $6-800 depending on where you rent.

 

North-East - in Johor

 

The govt counts it as 5x annual package = affordable, by that yardstick, quite a lot of outskirts HDB all in those range and no, 5rm is not normal HDB, buy what you can afford they say.

 

2rm just didn't appeal to me as the restriction was outskirts, wanted near MRT and not 30 mins to town type. Plus for us gays, still need to take care of parents or siblings.

Buy something i don't like, after 5 years move again? Like i said, will waste money moving house.

 

I think rental more expensive than buying a flat. Example even i am paying $1500 installment a month for my flat, for rental for a whole unit, per month cheapest also need $2500 to $3000. Quite a good idea to buy first, if don't like sell off after 5 years. But first must buy a flat not so expensive then worth it. If buy an expensive flat and don't like, will waste money paying for the 5 years.

[Guest guest]

5 minutes ago, Guest Guest said:

What if the senior that owns a 5 Rm HDB got 6 adult (above 35) sons and 6 adult (above 35) daughters and all are still staying there? Is this call smart?

This would not happen lah. Where got so many children not married. The most only 1-2.

[Sweetie Pie]

3 hours ago, Guest Guest said:

 But to those who already crossed mid 40s and still don't own any HDB, this leaves me wonder what have they been doing in the past decade. Too busy concentrating on their career? Or busy socialising?

It is difficult to identify the cause.  Few people, particularly blue collar workers, did not see their salaries going up, and they are unable to keep up with HDB's exorbitant costs.  Freelancers/self employed without CPF who opted to work for themselves.  Others who lost their jobs for an extended period of time did not have a steady source of income, and those who had money had more pressing needs, such as continuing their education abroad, taking care of their aging parents, supporting their younger siblings, investing in stocks or shares of businesses, etc.    Another group really did sell their apartment, spent all of the proceeds, and was unable to afford to purchase another apartment.  Some people have made the decision to forego independent living in favor of preserving their CPF for retirement.   Not everyone is psychologically  ready to make the commitment to live alone or purchase an expensive home. Maintenance expenses persist even after you've moved into your new home.   The ideal time to buy a house using your CPF  is before you turn 50 years old. Once you turn 55, your CPF will be locked and cannot be used to buy an apartment.  So I've heard.

 

My cousins, 3 of them (triplets), were so closely bonded they cannot part with each other.  Each of them never even consider buying their own apartment as a choice.

Edited November 11, 2023 by Sweetie Pie

[Guest guest]

1 hour ago, Sweetie Pie said:

It is difficult to identify the cause.  Few people, particularly blue collar workers, did not see their salaries going up, and they are unable to keep up with HDB's exorbitant costs.  Freelancers/self employed without CPF who opted to work for themselves.  Others who lost their jobs for an extended period of time did not have a steady source of income, and those who had money had more pressing needs, such as continuing their education abroad, taking care of their aging parents, supporting their younger siblings, investing in stocks or shares of businesses, etc.    Another group really did sell their apartment, spent all of the proceeds, and was unable to afford to purchase another apartment.  Some people have made the decision to forego independent living in favor of preserving their CPF for retirement.   Not everyone is psychologically  ready to make the commitment to live alone or purchase an expensive home. Maintenance expenses persist even after you've moved into your new home.   The ideal time to buy a house using your CPF  is before you turn 50 years old. Once you turn 55, your CPF will be locked and cannot be used to buy an apartment.  So I've heard.

 

My cousins, 3 of them (triplets), were so closely bonded they cannot part with each other.  Each of them never even consider buying their own apartment as a choice.

Once turn 55, cpf will be locked? Then for those who want to buy 2 rm flexi when reach 55 and above, the only way to pay for the 2 rm flat is to sell current flat to full cash it?

 

Actually a person buying their own flat or not, still must depend what type of flat they buy and what is the age of flat. If a person choose to buy their own flat, but bought an old flat, it is still consider worthy? Or choose to buy a 2 rm flat, will it also consider worthy since 2 rm flat resale value and demand not high.

[Guest HDB]

9 hours ago, Guest guest said:

Once turn 55, cpf will be locked? Then for those who want to buy 2 rm flexi when reach 55 and above, the only way to pay for the 2 rm flat is to sell current flat to full cash it?

When you turn 55, CPF will open a Retirement Account for you. Your CPF savings from your Special Account (all) & Ordinary Account (up to your Full Retirement Sum) will be transferred to your Retirement Account. In the event if you still have excess monies in your CPF Ordinary Account after the transfer, you can use it for housing.

[Sweetie Pie]

10 hours ago, Guest guest said:

Once turn 55, cpf will be locked? Then for those who want to buy 2 rm flexi when reach 55 and above, the only way to pay for the 2 rm flat is to sell current flat to full cash it?

In the event you do not have enuogh in your CPF money (after meeting the required full retirement sum) for housing, you need to pay CASH.   Tell me if I am wrong. 

33 minutes ago, Guest HDB said:

When you turn 55, CPF will open a Retirement Account for you. Your CPF savings from your Special Account (all) & Ordinary Account (up to your Full Retirement Sum) will be transferred to your Retirement Account. In the event if you still have excess monies in your CPF Ordinary Account after the transfer, you can use it for housing.

 

Edited November 12, 2023 by Sweetie Pie

[keyboard]

10 hours ago, Guest guest said:

Once turn 55, cpf will be locked? Then for those who want to buy 2 rm flexi when reach 55 and above, the only way to pay for the 2 rm flat is to sell current flat to full cash it?

 

Actually a person buying their own flat or not, still must depend what type of flat they buy and what is the age of flat. If a person choose to buy their own flat, but bought an old flat, it is still consider worthy? Or choose to buy a 2 rm flat, will it also consider worthy since 2 rm flat resale value and demand not high.

So confusing, is it the same guest that is talking to himself or there's more than one with differing views - hard to keep up who's with which viewpoint.

 

Two things though, i might be wrong on this, not many FI (financial institution) will finance a loan less than 100k (or per what the broker told me, as it's too low). You can't hold two HDB either way.

 

You need to meet the Full Retirement Sum as of your cohort at age 55.

 

Not too much an issue if you're buying for permanent stay. If you're looking at resale value, and you don't really have the beef to be in the game, best avoid.

[Guest HDB]

1 hour ago, Sweetie Pie said:

In the event you do not have enuogh in your CPF money (after meeting the required full retirement sum) for housing, you need to pay CASH.   Tell me if I am wrong. 

 

Pay cash unless you can take a loan (subject to meeting the eligibility criteria; basically borrower must be below 65 & still has a regular income)

[Sweetie Pie]

When an elderly person decides to sell their apartment and buy a new one. They do require some financial planning because, contrary to popular belief, many people were duped into thinking they could use the entire sale proceeds to buy another apartment, no matter how big or small. The proceeds from your sale will immediately be used to pay off the balance of your mortgage loan and then into your CPF account. The amount allotted for housing will then be determined by CPF after earmarking your full basic retirement sum.    If there is a shortfall, you will have to pay the remaining amount out of pocket if you are unemployed or cannot take out a loan because of your age.  Also at risk are those who immediately sell their homes after MOP. Your profit will go toward paying off the mortgage loan and into your CPF after that. The amount that remains might not be enough for your next expensive home.

 

The above are examples we've heard from the news and many elderly folks were not aware of. 

Edited November 12, 2023 by Sweetie Pie

[Guest guest]

12 hours ago, keyboard said:

So confusing, is it the same guest that is talking to himself or there's more than one with differing views - hard to keep up who's with which viewpoint.

 

Two things though, i might be wrong on this, not many FI (financial institution) will finance a loan less than 100k (or per what the broker told me, as it's too low). You can't hold two HDB either way.

 

You need to meet the Full Retirement Sum as of your cohort at age 55.

 

Not too much an issue if you're buying for permanent stay. If you're looking at resale value, and you don't really have the beef to be in the game, best avoid.

I also confused on this. What you mean by best avoid if looking at resale value? Means if the person needs money after the age of 55, avoid buying old HDB before 55?

[keyboard]

1 hour ago, Guest guest said:

I also confused on this. What you mean by best avoid if looking at resale value? Means if the person needs money after the age of 55, avoid buying old HDB before 55?

Yea, cash flow, loans, cpf contribution are limited, there's also the resale levy. No problem if you are cash rich.

[Guest Guest]

8 hours ago, Guest guest said:

I also confused on this. What you mean by best avoid if looking at resale value? Means if the person needs money after the age of 55, avoid buying old HDB before 55?

Can buy old HDB but advisable to buy one that qualifies you for a LBS. This gives some degree of protection in your twilight years. 

[Sweetie Pie]

2 hours ago, Guest Guest said:

Can buy old HDB but advisable to buy one that qualifies you for a LBS. This gives some degree of protection in your twilight years. 

I believe that LBS is applicable to people 65 years of age and older.  LBS has not received much attention in Singapore due to its LOW take up rate.   I think many people prefer to monetizie by taking short lease BTO instead..  

 

10 hours ago, keyboard said:

Yea, cash flow, loans, cpf contribution are limited, there's also the resale levy. No problem if you are cash rich.

True.  To avoid complicating the matter of home purchase.   One has to determine how much cash in their pocket, how much loan they qualify and whether they know about CPF policies.  Once settled, they must set aside cash for renovation cost or take up renovation loan from the bank too.   The trustworthiness of renovation contractor is equally important when you engage them.   After moving in, be nice to your neighbour and don't act like a king just because you are new and they are old,  otherwise they became "Xiao Lang" and turn your life upside side.  Don't forget to buy the necessary insurances for your house too and continue to contribute monthly allowance (Asian thing) to your parents who stay away from you so that they know you are not running away completely.   Then hor,  try to maintain your house regularly.  If you are prone to collecting garbage that piles up everywhere including the corridor spaces, then I suggest you stay in a warehouse instead of HDB.  No neighbour wants to share your cockroaches, termites and bed bugs. 

 

Once the above is set, keep a healthy lifestyle.  No point getting a house one day and than fall terrible sick the next day that may upset your indpedence experiences.  Always maintain sufficient cash for emergency, don't anyhow spend money on restaurant, regular travel, branded stuffs and other show off expenditure.  Live humbly should be the start of your new chapter upon getting your first bachelor pad.  

 

Not easy hor?  That's why lor. 

 

 

 

 

Edited November 13, 2023 by Sweetie Pie

[keyboard]

Never been a fan of LBS or Short-term lease. As the price is not linear, you don't get advantage both ways.

[Sweetie Pie]

14 minutes ago, keyboard said:

Never been a fan of LBS or Short-term lease. As the price is not linear, you don't get advantage both ways.

True.  Govt is now pricing Short lease like they are selling a 99 year HDB on pro-rata basis.  So much "cares" given to the elderly folks to help them "AGE GRACEFULLY". 

[Guest guest]

6 hours ago, Sweetie Pie said:

True.  Govt is now pricing Short lease like they are selling a 99 year HDB on pro-rata basis.  So much "cares" given to the elderly folks to help them "AGE GRACEFULLY". 

I think many old folks would rather buy a short lease 2 rm flexi when they are eligible, rather than take up the LBS.

[Guest guest]

7 hours ago, Sweetie Pie said:

I believe that LBS is applicable to people 65 years of age and older.  LBS has not received much attention in Singapore due to its LOW take up rate.   I think many people prefer to monetizie by taking short lease BTO instead..  

 

True.  To avoid complicating the matter of home purchase.   One has to determine how much cash in their pocket, how much loan they qualify and whether they know about CPF policies.  Once settled, they must set aside cash for renovation cost or take up renovation loan from the bank too.   The trustworthiness of renovation contractor is equally important when you engage them.   After moving in, be nice to your neighbour and don't act like a king just because you are new and they are old,  otherwise they became "Xiao Lang" and turn your life upside side.  Don't forget to buy the necessary insurances for your house too and continue to contribute monthly allowance (Asian thing) to your parents who stay away from you so that they know you are not running away completely.   Then hor,  try to maintain your house regularly.  If you are prone to collecting garbage that piles up everywhere including the corridor spaces, then I suggest you stay in a warehouse instead of HDB.  No neighbour wants to share your cockroaches, termites and bed bugs. 

 

Once the above is set, keep a healthy lifestyle.  No point getting a house one day and than fall terrible sick the next day that may upset your indpedence experiences.  Always maintain sufficient cash for emergency, don't anyhow spend money on restaurant, regular travel, branded stuffs and other show off expenditure.  Live humbly should be the start of your new chapter upon getting your first bachelor pad.  

 

Not easy hor?  That's why lor. 

 

Be nice to your neighbour which are staying besides you is good but sometimes also no use if the neighbour staying directly above you is from hell. Usually it is the neighbour that stay above you who will create hell for you by dragging furnitures on the floor, running across their house, knocking sound on the floor, dripping their wet clothing down etc.

[Sweetie Pie]

59 minutes ago, Guest guest said:

Be nice to your neighbour which are staying besides you is good but sometimes also no use if the neighbour staying directly above you is from hell. Usually it is the neighbour that stay above you who will create hell for you by dragging furnitures on the floor, running across their house, knocking sound on the floor, dripping their wet clothing down etc.

HDB wall is very thin.  the dragging sound may not necessarily come from your immediate neighbour above, it could be the above neighbour's neighbours (left or right one) or even the one above your above neighbour.

 

When it comes to wet laundry dripping, it's usually not as bad as a  downpour and stops quickly on a windy, sunny day so you can hang them outside to dry.  Staying with neighbour do require you to exercise a lot of discretion and I am not going to lie that NOT EVERYONE is as considerate as me, me, me!!!  

 

If you are willing, I suggest you go DAISO, buy a few furniture's leg socks  and give them to your neighbor for free as a subtly offensive response to their loud, awful furniture-dragging noises.

Edited November 13, 2023 by Sweetie Pie

[keyboard]

1 hour ago, Sweetie Pie said:

HDB wall is very thin.  the dragging sound may not necessarily come from your immediate neighbour above, it could be the above neighbour's neighbours (left or right one) or even the one above your above neighbour.

 

When it comes to wet laundry dripping, it's usually not as bad as a  downpour and stops quickly on a windy, sunny day so you can hang them outside to dry.  Staying with neighbour do require you to exercise a lot of discretion and I am not going to lie that NOT EVERYONE is as considerate as me, me, me!!!  

 

If you are willing, I suggest you go DAISO, buy a few furniture's leg socks  and give them to your neighbor for free as a subtly offensive response to their loud, awful furniture-dragging noises.

Why assume the neighbour is not doing it deliberately? The antics i see from my neighbour from hell, it's baffles me (but not really) that their brain thinks that way. The term is childish.

[Guest Drilla]

What an interesting home

 

 

[Guest guest]

33 minutes ago, Guest Drilla said:

What an interesting home

 

 

This guy reno whole house and yet only spent 30k, consider not say expensive. I always hear reno now has become quite expensive, if want to reno the whole house, at least 50k even for a 3 rm flat.

 

Anyway, who say cannot buy old HDB, you see this guy bought a 46 year old HDB. 😅

[Guest guest]

2 hours ago, Sweetie Pie said:

HDB wall is very thin.  the dragging sound may not necessarily come from your immediate neighbour above, it could be the above neighbour's neighbours (left or right one) or even the one above your above neighbour.

 

When it comes to wet laundry dripping, it's usually not as bad as a  downpour and stops quickly on a windy, sunny day so you can hang them outside to dry.  Staying with neighbour do require you to exercise a lot of discretion and I am not going to lie that NOT EVERYONE is as considerate as me, me, me!!!  

 

If you are willing, I suggest you go DAISO, buy a few furniture's leg socks  and give them to your neighbor for free as a subtly offensive response to their loud, awful furniture-dragging noises.

Buy furniture's leg socks and give them to my idiot neighbour cannot solve the noise problem, since they might also have knocking sound, running sound and stomping sound, all these how to resolve?

 

Even though HDB wall is very thin, but the sound created on the floor confirmed is from the above unit. When i hear the sound, i went up immediately to see and saw that the neighbour is creating sound on the floor.

[Guest guest]

44 minutes ago, keyboard said:

Why assume the neighbour is not doing it deliberately? The antics i see from my neighbour from hell, it's baffles me (but not really) that their brain thinks that way. The term is childish.

Instead of saying that your neighbour is doing it deliberately, i would think many people nowadays simply not sensitive and considerate to their surroundings and live in their own world. They do not know by dragging things on the floor or allowing their kids to run in the house, the unit below them would hear it loud and clear.

[Guest Guest]

3 hours ago, Sweetie Pie said:

HDB wall is very thin.  the dragging sound may not necessarily come from your immediate neighbour above, it could be the above neighbour's neighbours (left or right one) or even the one above your above neighbour.

 

When it comes to wet laundry dripping, it's usually not as bad as a  downpour and stops quickly on a windy, sunny day so you can hang them outside to dry.  Staying with neighbour do require you to exercise a lot of discretion and I am not going to lie that NOT EVERYONE is as considerate as me, me, me!!!  

 

If you are willing, I suggest you go DAISO, buy a few furniture's leg socks  and give them to your neighbor for free as a subtly offensive response to their loud, awful furniture-dragging noises.

Have you actually given the furniture's leg socks to your neighbour above?

[Sweetie Pie]

1 hour ago, Guest guest said:

This guy reno whole house and yet only spent 30k, consider not say expensive. I always hear reno now has become quite expensive, if want to reno the whole house, at least 50k even for a 3 rm flat.

 

Anyway, who say cannot buy old HDB, you see this guy bought a 46 year old HDB. 😅

If you intend to live there permanently, the interior design will matter more than the house's age. My former coworker lives in a shabby bungalow next to Sembawang Park. She has two children and still hoards many items from her early years, including a pair of gross old socks!

1 hour ago, Guest Drilla said:

What an interesting home

 

 

The above video is not entirely minimalist.  He is trying to creature "nature" in a small space which can look busy if done incorrectly.  I know the guy was trying to look "zen" , but one item that contradict with the rest of the warm furnitures/ornament is the blue picture which give out cooler tone and it stood out like an odd guest on the dinning table.  Just my instant visual impression, not meant to crticise the owner as long as he is happy with it.

 

[Guest guest]

26 minutes ago, Sweetie Pie said:

If you intend to live there permanently, the interior design will matter more than the house's age. My former coworker lives in a shabby bungalow next to Sembawang Park. She has two children and still hoards many items from her early years, including a pair of gross old socks!

The above video is not entirely minimalist.  He is trying to creature "nature" in a small space which can look busy if done incorrectly.  I know the guy was trying to look "zen" , but one item that contradict with the rest of the warm furnitures/ornament is the blue picture which give out cooler tone and it stood out like an odd guest on the dinning table.  Just my instant visual impression, not meant to crticise the owner as long as he is happy with it.

 

Buying and owning a house, the house suppose to be your asset than liability. So i would think the house's age still plays quite an important factor. Imagine next time if you need money and want to sell your house and the house has no low value or no value.

[Sweetie Pie]

16 minutes ago, Guest guest said:

Imagine next time if you need money and want to sell your house and the house has no low value or no value.

It's best to consider alternative sources of income besides selling your house.  To stay warm and safe, everyone needs a home, especially on gloomy days like the pandemic.

[Guest Drilla]

oAnother very cool 3 Roomer.

 

 

[Guest Drilla]

Another 3 room filled with ideas...

 

 

[Guest Drilla]

This guy renovated his childhood home . Look at the transformation

 

 

[Guest Drilla]

HDB maisonette with all dark interior...

 

 

[Guest Guest]

Anyone installed a bathtub in his HDB?

[Guest Guest]

From the Straits TImes

 

She acts as daughter to seniors living alone in rental flats

[Guest Drilla]

Home of Professor who likes to collect stuff

 

This maisonette has a unique balcony

 

 

[Guest HDB]

3 hours ago, Guest Guest said:

Anyone installed a bathtub in his HDB?

Imo, it's a waste of money, space, water and time. My brother's family has a bathtub but nobody uses it.

[Sweetie Pie]

5 hours ago, Guest Drilla said:

oAnother very cool 3 Roomer.

 

 

This is by far my most favourite.  The moody theme flows smoothly throughout the house and it didn't feel small after opening up all the spaces.   Choice of plants were deliberate to create galleria vibes.  Elegant, airy and cozy for a 3-room old HDB. 

[keyboard]

53 minutes ago, Guest HDB said:

Imo, it's a waste of money, space, water and time. My brother's family has a bathtub but nobody uses it.

Aunt had one also hardly used - toilet became a dry toilet afterwards as it's risky to climb in/out of the bathtub for showers.

 

There are foldable bathtubs these days if you really want it, water's not exactly cheap in SG.

[Guest Engineer3]

I currently own a 4 room flat and I am single and I am 55-years-old. 

 

I am considering whether to sell my 4 room HDB flat and buy the 2-rm flexi-lease BTO flat. 

 

I am aware that we can return back the 2-rm flexi-lease to HDB if we don't like the place after staying in the flat. 

 

So is it minimum must stay at least 5 years in the flexi-lease 2-room BTO flat before we can return the flat back to HDB? 

 

Or is the senior buyer also allowed to return the flexi-lease 2-room BTO flat back to HDB after staying in the flat for only 1 to 2 years?? 

[keyboard]

2 minutes ago, Guest Engineer3 said:

I currently own a 4 room flat and I am single and I am 55-years-old. 

 

I am considering whether to sell my 4 room HDB flat and buy the 2-rm flexi-lease BTO flat. 

 

I am aware that we can return back the 2-rm flexi-lease to HDB if we don't like the place after staying in the flat. 

 

So is it minimum must stay at least 5 years in the flexi-lease 2-room BTO flat before we can return the flat back to HDB? 

 

Or is the senior buyer also allowed to return the flexi-lease 2-room BTO flat back to HDB after staying in the flat for only 1 to 2 years?? 

Must meet MOP (Minimum Occupancy Period) be it 5 or 10 years. It will also apply to those who you apply with (as occupier).

[Guest Drilla]

51 minutes ago, Sweetie Pie said:

This is by far my most favourite.  The moody theme flows smoothly throughout the house and it didn't feel small after opening up all the spaces.   Choice of plants were deliberate to create galleria vibes.  Elegant, airy and cozy for a 3-room old HDB. 

A few ways to access the bedroom.

 

[Guest Guest]

3 hours ago, Guest HDB said:

Imo, it's a waste of money, space, water and time. My brother's family has a bathtub but nobody uses it.

Thanks for the advise. The reason I asked is because I have a hidden talent and got praised by my partner only recently and that is deep underwater penetration. But this can only happened when we checked into a 5 star hotel and each day easily cost me S$650++. That's an awful amount of money if we plan to enjoy few times a month. Lower grade hotel ($200-$250) never provide bathtub. Maybe to cut cost and to continue the underwater lifestyle, we will have to travel to Johor Bahru where one can find plenty of big internatonal names like Doubletree By Hilton, Amari or Holiday Inn and I pay in RM$.

[Guest Guest]

18 hours ago, Guest guest said:

Buying and owning a house, the house suppose to be your asset than liability. So i would think the house's age still plays quite an important factor. Imagine next time if you need money and want to sell your house and the house has no low value or no value.

There are no such thing as HDB got NO VALUE. Even for a stigmatised HDB that had a dark past it will still sell  if you priced it right.  My advise is plan ahead and don't over stretch your finances like extravagant renovation. If you look around, many old flats simply appreciate in value with each passing year.