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

[Guest East]

By the way, if you intend to rent out your whole 2 bedrooms 2 bathrooms whole HDB flat and then you yourself go stay in Johor, meaning not practical to come spot-check your flat once every week from Johor, and there is one Asian male he said he one person stay only but he wants to rent your whole flat, will you take the risk to rent your flat to him?? 

 

Because there is a danger that this Asian male might secretly sublet your flat or sublet your the other room to illegal commercial sex workers. 

 

Nowadays quite a lot of FLs got caught operating inside HDB flats. 

 

Since is not few feasible to every week come from Johor to spot-check the flat, so will you take the risk to rent your whole flat to this ine Asian foreign male?? 

[Guest East]

Currently got 1 Asian male foreigner he say he one person stay alone wants to rent my whole 2 bedrooms 2 bathrooms whole flat, if you are the flatowner, will you take the risk to rent to him?? 

[Guest guest]

If your HDB is 3 rm and above, even you rent to more than 1 person who is renting your whole unit, they still also can sublet your flat or room to others. Not necessary if rent your whole unit to a single person, chances would be higher. Sure to have such thing happening in whole unit rental. Landlord cannot possible keep going to your unit to spot check on your tenants, even you stay in spore. This is why you need to have good relationship with your neighbours, ask them to keep a lookout on your tenants. If they spotted anything wrong, contact you.

[Guest Happy can oredi]

On 5/17/2024 at 9:52 PM, Guest Mike said:

 

Do you think with his current savings, is enough to last his retirement years?

Need to make some lifestyle adjustment.  Nothing is impossible. 

[Guest Huge]

On 5/25/2024 at 10:26 AM, thickhead79 said:

Bishan maisonette sold for S$1.5M, becomes most expensive executive HDB flat

It beat the previous most-expensive maisonette, in the same block, by S$20,000.
 

Probably the penthouse maisonette with a giant balcony overlooking the entire town and beyond.  There are about at least a dozen such penthouse maisonette in Bishan

[Guest Neck Long Long]

On 5/27/2024 at 10:14 PM, Guest Guest said:

For the Turf City Bukit Timah, if you think about the time-line from launch to balloting to unit selection to construction to key collection I think we should be looking around 10-14 years from today. That's what I meant by ideally for younger applicants.

 

If you plan to sell, need to meet minimum 10 years MOP,  assuming is considered PRIME location. Total 25 years of waiting time.  No one knows who will be our 5th Prime Minister by then and most BW members will become Lao Ah Pek already. 

[thickhead79]

8 hours ago, Guest East said:

Currently got 1 Asian male foreigner he say he one person stay alone wants to rent my whole 2 bedrooms 2 bathrooms whole flat, if you are the flatowner, will you take the risk to rent to him?? 

i only look at money, no care what he do 

[Guest East]

On 5/30/2024 at 8:22 PM, Guest guest said:

If your HDB is 3 rm and above, even you rent to more than 1 person who is renting your whole unit, they still also can sublet your flat or room to others. Not necessary if rent your whole unit to a single person, chances would be higher. Sure to have such thing happening in whole unit rental. Landlord cannot possible keep going to your unit to spot check on your tenants, even you stay in spore. This is why you need to have good relationship with your neighbours, ask them to keep a lookout on your tenants. If they spotted anything wrong, contact you.

 

The reason why I am very hesitant to rent my flat to that one Asian male foreigner is because after I told him that in Singapore there are many cases of foreigners renting a whole HDB flat and then they secretly put prostitutes to stay in the flats and they illegally used the HDB flats as brothels, that Asian male foreigner very strangely made the remark that those tenants are talents for secretly for renting a hdb flat and put prostitutes inside the flat to operate as a brothel. 

 

He made a very strange remark "they are all talents" to describe those foreigners that rent HDB flats and then secretly put prostitutes inside the flats and use the flats as brothels

 

 

[Guest Guest]

2 hours ago, Guest East said:

 

The reason why I am very hesitant to rent my flat to that one Asian male foreigner is because after I told him that in Singapore there are many cases of foreigners renting a whole HDB flat and then they secretly put prostitutes to stay in the flats and they illegally used the HDB flats as brothels, that Asian male foreigner very strangely made the remark that those tenants are talents for secretly for renting a hdb flat and put prostitutes inside the flat to operate as a brothel. 

 

He made a very strange remark "they are all talents" to describe those foreigners that rent HDB flats and then secretly put prostitutes inside the flats and use the flats as brothels

 

If you are not comfortable renting to this guy, just drop him and rent to others. No need worry cannot find tenants, right?

 

Anyway, if you plan to rent out your house, cannot always worry and scare, you cannot always worry what your tenants will do inside your house. But try to rent to people that you are comfortable with, then that's it.

[Guest pmk]

3 hours ago, Guest Guest said:

If you are not comfortable renting to this guy, just drop him and rent to others. No need worry cannot find tenants, right?

 

Anyway, if you plan to rent out your house, cannot always worry and scare, you cannot always worry what your tenants will do inside your house. But try to rent to people that you are comfortable with, then that's it.

 

you are dead wrong!

[Guest Guest]

39 minutes ago, Guest pmk said:

 

you are dead wrong!

You mean landlord needs to go spot check on their tenant often?

[thickhead79]

10 minutes ago, Guest Guest said:

You mean landlord needs to go spot check on their tenant often?

Landlord got obligation but cannot be going too frequent 

 

U need to have reason to suspect 

 

Like ask neighbour help to keep u informed if suspect anything not usual 

[Guest Guest]

58 minutes ago, thickhead79 said:

Landlord got obligation but cannot be going too frequent 

 

U need to have reason to suspect 

 

Like ask neighbour help to keep u informed if suspect anything not usual 

I think depends on landlord, some landlord really have many rules and regulation for their tenants. But some landlord is quite chinchye and never bother much on their tenants.

 

I heard before landlord could lay down rules like no visitors are allowed at all, no cooking at all and need to engage cleaning company to clean up the whole unit monthly.

[thickhead79]

12 minutes ago, Guest Guest said:

I think depends on landlord, some landlord really have many rules and regulation for their tenants. But some landlord is quite chinchye and never bother much on their tenants.

 

I heard before landlord could lay down rules like no visitors are allowed at all, no cooking at all and need to engage cleaning company to clean up the whole unit monthly.

Depend u rent room only or whole unit

 

The rule diff 

[Guest Guest]

7 minutes ago, thickhead79 said:

Depend u rent room only or whole unit

 

The rule diff 

Even rent whole unit, such rules can also apply.

[Guest clement]

On 5/30/2024 at 2:28 PM, Guest East said:

Currently got 1 Asian male foreigner he say he one person stay alone wants to rent my whole 2 bedrooms 2 bathrooms whole flat, if you are the flatowner, will you take the risk to rent to him?? 

your 3room flat probably only 3-3.5k a month to rent, its not a big money for expat especially if he get housing allowance from office, and nothing strange for 1 person wanted to rent 2 bedroom flat, probably he foresee his friend or relative coming spore often for holiday and stay at his place.

and some ppl alrd get used to larger living space in his homeland so yeah perfectly normal to rent 3room flat for 1 person.

[Guest Introvert Neighbour]

On 6/1/2024 at 7:35 PM, thickhead79 said:

Like ask neighbour help to keep u informed if suspect anything not usual 

Kampong Spirit is already story of the past.  We are talking about HDB with insecured dwellers nowadays.

[Guest East]

Currently when post a HDB flat for rent in local online website such as Carousell or Facebook, I noticed about 60% to 65% are india tenants, 10% are Singaporeans that want to rent short-term of less than 6 months which is not allowed for HDB rental rules, 10% are pinoys, and the remaining 10% to 15% are PRCs/malaysians/Vietnamese/other nationalities. 

 

Who knows besides Carousell and Facebook, is there any other local housing rental online websites that houseowners can post the HDB flats for rent?? 

[Guest guest]

6 hours ago, Guest East said:

Currently when post a HDB flat for rent in local online website such as Carousell or Facebook, I noticed about 60% to 65% are india tenants, 10% are Singaporeans that want to rent short-term of less than 6 months which is not allowed for HDB rental rules, 10% are pinoys, and the remaining 10% to 15% are PRCs/malaysians/Vietnamese/other nationalities. 

 

Who knows besides Carousell and Facebook, is there any other local housing rental online websites that houseowners can post the HDB flats for rent?? 

If want to rent short term of less than 6 months, can rent from condo?

[Guest True?]

Now govt is building prime district BTO - turf city, north bridge road...could the house become smaller and blocks more packed as a result?  Good location does not mean ideal living condition for BTO nowadays.

[G_M]

You guys just stay calm and don't bitch fight.

Any more racist statements and I will lock this thread up.

[Guest Guest]

On 6/4/2024 at 8:40 PM, Guest True? said:

Now govt is building prime district BTO - turf city, north bridge road...could the house become smaller and blocks more packed as a result?  Good location does not mean ideal living condition for BTO nowadays.

Prime district location BTO, the size of the flat indeed smaller, block is higher and maybe more units per level. Most people look for good location than big flat size. Afterall the condition of the flat is not that bad in prime district.

 

Example maybe the size for a 4 room flat in prime district is 84sqm and further away from town location the size is 93sqm. But staying in a 84sqm flat still quite comfy, esp next time the resale price of your flat is super ex if it is in a prime district. Still worth it.

[Guest Can]

11 hours ago, Guest Guest said:

Example maybe the size for a 4 room flat in prime district is 84sqm and further away from town location the size is 93sqm. But staying in a 84sqm flat still quite comfy, esp next time the resale price of your flat is super ex if it is in a prime district. Still worth it.

Cannot lidday say one.   Bigger the better, more movement space.   If good location and your facing window is just next to another neighbour airing their underwear, got people want that kind of prime estate meh?  Beside hor,  some good prime area very crowded and you hear people KPKB and children running like mad door nearby, you cannot have peaceful quiet day, you want meh?   Best is any location, with greeneries, with unblocked view, with good transportation, like Bishan Ridge BTO paranomic view, next to Bishan MRT oso.   The short-leasse 2-room BTO was snapped up by elderly folks in seconds for its nice view and because their windows facing the entire northern island so to speak.  Good privacy, except that it is a long corridor with several units on one floor which is manageable to people who loves good view.  You better check still go vacancy or not there.

[fbttop]

I have already sold and right size my flat, and through this experience, the new resale BTO (after MOP) is not worth the dollar based on these few factor IMO when I am choosing the next den.

Size vs location

Quality of structure

Density

Privacy

PSF

 

After 20 over viewings, one will be prone to decision paralyze.

So priority has to be reshuffled for me to:

Location (Town is preferred for me) 

Lease (Newer lease = slower lease decay, larger pool of eligible buyers)

Size ( Lifestyle, rental opportunity, etc)

 

I am now staying in town, 100sqm, (increase size but feels smaller) , flat used 20 years lease. 

Rental yield is high and so is valuation, which increased 10% in a year. If it matters to value investors, which I am.

 

Downside, decrease floor level, paranomic view to limited view, a lot amenities become minimum, not walkable to mrt.

 

Still didn't regret because I have cut down commute time to half and closer to parents (subsidiary)

 

Hope my 2 times house buying experience helps. 

 

[Guest Guest]

On 6/6/2024 at 8:50 AM, Guest Can said:

Cannot lidday say one.   Bigger the better, more movement space.   If good location and your facing window is just next to another neighbour airing their underwear, got people want that kind of prime estate meh?  Beside hor,  some good prime area very crowded and you hear people KPKB and children running like mad door nearby, you cannot have peaceful quiet day, you want meh?   Best is any location, with greeneries, with unblocked view, with good transportation, like Bishan Ridge BTO paranomic view, next to Bishan MRT oso.   The short-leasse 2-room BTO was snapped up by elderly folks in seconds for its nice view and because their windows facing the entire northern island so to speak.  Good privacy, except that it is a long corridor with several units on one floor which is manageable to people who loves good view.  You better check still go vacancy or not there.

Not easy to find HDB in prime location with unblocked view, good transportation and greeneries. Even have also difficult to get a unit there. Unless you are buying as a resale unit there and willing to pay for the crazy ex price.

 

Also nowadays most of the HDB design is facing each other block closely. Even the so called unblocked view also facing the main road or some school or mall which is noisy.

[Guest Guest]

19 minutes ago, fbttop said:

I have already sold and right size my flat, and through this experience, the new resale BTO (after MOP) is not worth the dollar based on these few factor IMO when I am choosing the next den.

Size vs location

Quality of structure

Density

Privacy

PSF

 

After 20 over viewings, one will be prone to decision paralyze.

So priority has to be reshuffled for me to:

Location (Town is preferred for me) 

Lease (Newer lease = slower lease decay, larger pool of eligible buyers)

Size ( Lifestyle, rental opportunity, etc)

 

I am now staying in town, 100sqm, (increase size but feels smaller) , flat used 20 years lease. 

Rental yield is high and so is valuation, which increased 10% in a year. If it matters to value investors, which I am.

 

Downside, decrease floor level, paranomic view to limited view, a lot amenities become minimum, not walkable to mrt.

 

Still didn't regret because I have cut down commute time to half and closer to parents (subsidiary)

 

Hope my 2 times house buying experience helps. 

 

Staying in town or not all depends on what is the lifestyle of that person. If the person is working in extreme west or east, staying in town is far to workplace. Also many heartlanders now have mall and park, no need say must go to town.

[fbttop]

Yea right.

If you dont have that much war chest.

My friend bought a bigger, newer house in the west for a lower price than mine. 

TBH the difference is near $200K

 

But again accordingly to lifestyle, he can WFH permanently & doesn't need to see parents on weekend. So why not?

Therefore to truly dig deep in your needs vs wants, you can find something that is 80% ideal. It will never be 100%

 

Unless you have $2 mil to buy a HDB, haha which is another hoohaa

[Guest Guest]

7 minutes ago, fbttop said:

Yea right.

If you dont have that much war chest.

My friend bought a bigger, newer house in the west for a lower price than mine. 

TBH the difference is near $200K

 

But again accordingly to lifestyle, he can WFH permanently & doesn't need to see parents on weekend. So why not?

Therefore to truly dig deep in your needs vs wants, you can find something that is 80% ideal. It will never be 100%

 

Unless you have $2 mil to buy a HDB, haha which is another hoohaa

Correct, indeed based on your lifestyle and also how deep your pocket is. Some people if want a newer house but can only afford in the far west, then no choice but to stay far from town. Unless that person don't mind to stay near town but buying an old house and yet meet his budget.

[fbttop]

On buying lease less than 60 years, and depending on your age which may need to fork up more cash.

 

I have friends who doesn't care about how old the lease is left.

These are the category of non value investors.

To them, house buying is a home, they want to live there for 10 - 20 years.

Another reason, is understanding how lease decay works is too over whelming for them... like my brother.

Its a complex equation of demand, valuation, cpf interest.

 

For value investor, I have bought an old house in mature estate for my 1st home, but with the intention to sell anyway.

This is different, because you see the potential of demand in the future, probably its near to school or a new development is going to be build. For example, buying at telok blangah heights/drive, seeing that it will fetch good price after 2030. And planning to buy a private or move HDB to a further location.

 

both plans works for old house but don't bank in that buying a old house = en bloc. Its a lie. 

 

Thats what I have learnt...

 

 

 

[Guest Guest]

8 minutes ago, fbttop said:

On buying lease less than 60 years, and depending on your age which may need to fork up more cash.

 

I have friends who doesn't care about how old the lease is left.

These are the category of non value investors.

To them, house buying is a home, they want to live there for 10 - 20 years.

Another reason, is understanding how lease decay works is too over whelming for them... like my brother.

Its a complex equation of demand, valuation, cpf interest.

 

For value investor, I have bought an old house in mature estate for my 1st home, but with the intention to sell anyway.

This is different, because you see the potential of demand in the future, probably its near to school or a new development is going to be build. For example, buying at telok blangah heights/drive, seeing that it will fetch good price after 2030. And planning to buy a private or move HDB to a further location.

 

both plans works for old house but don't bank in that buying a old house = en bloc. Its a lie. 

 

Thats what I have learnt...

 

I think buying old house and plan to stay there without planning to sell at all, still can consider to buy esp the location is good. But if you plan to sell later then not a good choice. Since some of the old house, the price is not cheap when you buy them, then after staying 5-10 years and sell it, it might not able to fetch a high price, likely would ended up as negative sales.

 

Example an old house in clementi central which is selling at $400k plus. The age of the house already close to 50 year old, so after staying for few years, the house already 50 year old plus or even close to 60 year old. Do you think the house still can sell higher than $400k when you bought that time? Even location is good but due to lease decay, cannot possible to fetch a good price with limited pool of buyers.

[Guest Guess]

6 hours ago, Guest Guest said:

I think buying old house and plan to stay there without planning to sell at all, still can consider to buy esp the location is good. But if you plan to sell later then not a good choice. Since some of the old house, the price is not cheap when you buy them, then after staying 5-10 years and sell it, it might not able to fetch a high price, likely would ended up as negative sales.

 

Example an old house in clementi central which is selling at $400k plus. The age of the house already close to 50 year old, so after staying for few years, the house already 50 year old plus or even close to 60 year old. Do you think the house still can sell higher than $400k when you bought that time? Even location is good but due to lease decay, cannot possible to fetch a good price with limited pool of buyers.

You might want to consider condensation issues.

[Guest Guest]

1 hour ago, Guest Guess said:

You might want to consider condensation issues.

What condensation issues?

[kidster]

8 hours ago, Guest Guest said:

I think buying old house and plan to stay there without planning to sell at all, still can consider to buy esp the location is good. But if you plan to sell later then not a good choice. Since some of the old house, the price is not cheap when you buy them, then after staying 5-10 years and sell it, it might not able to fetch a high price, likely would ended up as negative sales.

 

Example an old house in clementi central which is selling at $400k plus. The age of the house already close to 50 year old, so after staying for few years, the house already 50 year old plus or even close to 60 year old. Do you think the house still can sell higher than $400k when you bought that time? Even location is good but due to lease decay, cannot possible to fetch a good price with limited pool of buyers.

 

Not only that. The pool of buyers will be limited to older folks, younger won't buy as the old flats are older than them.

[Guest Guest]

14 minutes ago, kidster said:

 

Not only that. The pool of buyers will be limited to older folks, younger won't buy as the old flats are older than them.

Younger buyers sure would not buy, as the flat lease might not able to cover them until 95. Also most younger buyers will sell and upgrade to private after MOP, so if buy old flat cannot sell high. But there are still demand for old flats. 

[Guest Guess]

11 hours ago, Guest Guest said:

What condensation issues?

Your neighbor use air con, you might get moisture on the wall and mould will grow.

 

 

[Guest She is idiot]

19 minutes ago, Guest Guess said:

Your neighbor use air con, you might get moisture on the wall and mould will grow.

 

 

My upper floor neighbour always washed floor, the ceiling mold look so black and hard to paint over.

[Guest Guest]

1 hour ago, Guest Guess said:

Your neighbor use air con, you might get moisture on the wall and mould will grow.

 

 

My current flat master bedroom have mould on the ceiling, i am thinking what causes it. So it is the aircon from my upstairs neighbour? I thought i did not ventilate well in my bedroom which causes mould grow. 

[Guest Guest]

1 hour ago, Guest She is idiot said:

My upper floor neighbour always washed floor, the ceiling mold look so black and hard to paint over.

Heard before if the upper floor neighbour always washed their toilet floor, it would causes mold or even water leaking on your ceiling. So it is best to stay top floor to avoid all these problems.

[kidster]

Is it good idea to buy on top unit? I heard the flat will be very hot due to the heat from the sun. 

 

Will the ceiling be mouldy due to the rain like in this case? Does a humidifier help?

33 minutes ago, Guest Guest said:

Heard before if the upper floor neighbour always washed their toilet floor, it would causes mold or even water leaking on your ceiling. So it is best to stay top floor to avoid all these problems.

 

[Guest HDB]

Living on a top-floor unit: 5 potential issues that you hardly hear about

[Guest Guess]

51 minutes ago, Guest Guest said:

My current flat master bedroom have mould on the ceiling, i am thinking what causes it. So it is the aircon from my upstairs neighbour? I thought i did not ventilate well in my bedroom which causes mould grow. 

Could be air con. Can ask Town COuncil or HDB to determine cause.

 

 

[Guest Guest]

18 minutes ago, kidster said:

Is it good idea to buy on top unit? I heard the flat will be very hot due to the heat from the sun. 

 

Will the ceiling be mouldy due to the rain like in this case? Does a humidifier help?

 

Hot is better than having mould issue from the upper unit. Maybe the old HDB top floor would be hotter as the unit is closer to the roof top of the blk. But i noticed the new BTO HDB, the top floor unit is further away from the ceiling, seems like there is a gap between the top floor unit and the roof top.

[Guest Guest]

1 minute ago, Guest Guess said:

Could be air con. Can ask Town COuncil or HDB to determine cause.

 

 

What can town council and HDB do if it is due to upper floor unit on their aircon too cold and often?

[Guest Guest]

9 minutes ago, Guest HDB said:

Living on a top-floor unit: 5 potential issues that you hardly hear about

Read from the article that water leaking issue happens to old HDB, like over 40 year old. I think if stay in newer HDB should not have such issue.

[Guest Leaky and Sticky]

1 hour ago, Guest Guest said:

Read from the article that water leaking issue happens to old HDB, like over 40 year old. I think if stay in newer HDB should not have such issue.

Majority of HDB has underwent HIP scheme.  You worry too much.   My colleague stay in 2-room BTO and complain abut leaky ceiling and wall.  Luckily, HDB apologise and help him put things right.   Whether it last or not is a different story.

[single42]

https://www.99.co/singapore/insider/top-floor-unit-living-potential-issues/

 

I am staying in an exec masionette (renting a room) somewhere in Bedok reservoir road. top floor; corner unit. The fact is that whether got water leaking from ur ceiling or cracks along the wall, HDB will send a town councl guy to come inspect first.

 

The respond is, they will settle anything that is outside the house (along the corridor & the roof above ur unit) BUT, anything within the unit, u're on ur own.

[Guest Guess]

5 hours ago, Guest Guest said:

What can town council and HDB do if it is due to upper floor unit on their aircon too cold and often?

Best you ask them and get answers from them.

[Guest BTO woes]

Today stomach ached so much I nearly shit in my pantsi.  I controlled until I rushed home.  Luckily,  I didn't stay on the top floor, when the lifts are packed, I can walk the stairs.  Can you imagine staying on the 15th floor and above?   Can you control until you reached home?  Then I forgot to empty my trash bins, because no private rubbish chute,  so the thing was left overnight, smelly.  Need to walk along the corridor to dispose the fishy smelly trash and the water are leaking from the trash along the hallway.   Guys,  be prepared if you aim for new BTO with high floor and remember to trash your bins daily especially after you de-boned your meat or fish.  Don't leave it in the kitchen until next day.  If you are on wheelchair, get someone to help or choose your unit nearest to the public bin so you don't have to walk a thousand miles.

[Guest Guest]

6 hours ago, single42 said:

https://www.99.co/singapore/insider/top-floor-unit-living-potential-issues/

 

I am staying in an exec masionette (renting a room) somewhere in Bedok reservoir road. top floor; corner unit. The fact is that whether got water leaking from ur ceiling or cracks along the wall, HDB will send a town councl guy to come inspect first.

 

The respond is, they will settle anything that is outside the house (along the corridor & the roof above ur unit) BUT, anything within the unit, u're on ur own.

You mean the top floor unit you staying has water leaking problem?

[Guest Guest]

6 hours ago, Guest Guess said:

Best you ask them and get answers from them.

Town council and HDB are useless, you would not get answers from them that will resolve the problem.