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


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Guest Guessing
On 8/29/2024 at 8:11 PM, Guest 37v said:

https://btohq.sgp1.cdn.digitaloceanspaces.com/bto/feb-2020-bto/canberra-vista.pdf

 

in this new BTO blocks, why some units are VOID?

 

Who knows the correct answer?

Only happen on the 2nd and 3rd floor.  It is probably facing an empty area within the building, like a rooftop of a shops or something.  Just guessing.  You need to check the 3D building plan to know exactly what it was facing on this low level floor.

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Guest 37v
On 8/31/2024 at 5:39 PM, Guest Guessing said:

Only happen on the 2nd and 3rd floor.  It is probably facing an empty area within the building, like a rooftop of a shops or something.  Just guessing.  You need to check the 3D building plan to know exactly what it was facing on this low level floor.

 

No. 

 

Because from some BTO blocks in the Canberra floor plan, the hdb pictures show that also got many 6th level and 8th level that have void units. 

 

In Blk 129C Canberra Street also got some high floors units that are void. 

 

So who knows what's the reason that some BTO blocks have many void units? 

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Guest Thank U Kor Kor
7 hours ago, Guest 37v said:

 

No. 

 

Because from some BTO blocks in the Canberra floor plan, the hdb pictures show that also got many 6th level and 8th level that have void units. 

 

In Blk 129C Canberra Street also got some high floors units that are void. 

 

So who knows what's the reason that some BTO blocks have many void units? 

hmmm...probably fail to meet structural issue and pending investigation before the "Void" status is taken off?  Can you please call the developer or HDB to find out more for BW forum?

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Guest HDB
On 9/3/2024 at 1:28 PM, Guest 37v said:

 

No. 

 

Because from some BTO blocks in the Canberra floor plan, the hdb pictures show that also got many 6th level and 8th level that have void units. 

 

In Blk 129C Canberra Street also got some high floors units that are void. 

 

So who knows what's the reason that some BTO blocks have many void units? 

One of the reasons is cancellation of BTO purchase. An old friend of mine did that just before TOP. With the closure of his F&B business during the Covid-19 pandemic, he was unlikely to get a HDB loan and also didn't have enough savings for the coming final payment.

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6 hours ago, Guest HDB said:

One of the reasons is cancellation of BTO purchase. An old friend of mine did that just before TOP. With the closure of his F&B business during the Covid-19 pandemic, he was unlikely to get a HDB loan and also didn't have enough savings for the coming final payment.

Damn that's crazy man.

Getting a HDB for a single is already hard enough. You only buy at 35 and have to wait 4 years to get it constructed. By then you are already 39.

 

And he had to surrender it. Must have sucks.

 

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Guest HDB
3 hours ago, BrownSugar said:

Just out curiousity, for singles here, how do you guys plan on getting a house and what house if not HDB?

 

8 Home Buying Tips for First-Timers As Shared By Singaporean Millennials

 

UPDATE:

1. Maximum loan amount is now 75% of property value or purchase price, whichever is lower

2. Am not sure whether banks offer better interest rate for HDB Loans now, please check

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Guest Timing
12 hours ago, BrownSugar said:

Damn that's crazy man.

Getting a HDB for a single is already hard enough. You only buy at 35 and have to wait 4 years to get it constructed. By then you are already 39.

 

And he had to surrender it. Must have sucks.

 

Wait until 55yo to buy short lease two room BTOs.   @55yo still young and can live independently too.  By the time you are 85yo, you have lived your fullness of 30 years already and that is quite a lengthy period of time.  Then aim to live until 95yo to fully utilise your short lease 2-room remaining lease period. 

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  • 2 weeks later...
Guest Houseowner

I intend to rent out my flat directly without an agent. 

 

Are flatowners allowed to post their flats for rent directly in the propertyguru website? 

 

Because I saw all the hdb flats/condo ads for rent in the propertyguru website are all posted by agents 

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Guest Walking on Tread
On 9/4/2024 at 9:03 PM, BrownSugar said:

Damn that's crazy man.

Getting a HDB for a single is already hard enough. You only buy at 35 and have to wait 4 years to get it constructed. By then you are already 39.

 

And he had to surrender it. Must have sucks.

 

Didn't have financial planning. That's why lor.  Relying on business to buy HDB is dangerous.  At least must have enough CPF to pay the installment and than wait for other job opportunity lor.  

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Guest Free to advertise
2 hours ago, Guest Houseowner said:

I intend to rent out my flat directly without an agent. 

 

Are flatowners allowed to post their flats for rent directly in the propertyguru website? 

Yes, you can.  Those using agent because don't have time to entertain calls from tenants.  Also, many agents will start calling you until you get so frustrated and decided to pick one of them as your agent.  If you want to save on agency fee, then bear with constant calls from tenants and agents.  

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On 9/14/2024 at 2:44 PM, Guest Houseowner said:

I intend to rent out my flat directly without an agent. 

 

Are flatowners allowed to post their flats for rent directly in the propertyguru website? 

 

Because I saw all the hdb flats/condo ads for rent in the propertyguru website are all posted by agents 

 

On 9/14/2024 at 5:20 PM, Guest Free to advertise said:

Yes, you can.  Those using agent because don't have time to entertain calls from tenants.  Also, many agents will start calling you until you get so frustrated and decided to pick one of them as your agent.  If you want to save on agency fee, then bear with constant calls from tenants and agents.  

Only licensed agent with paid subscription are allowed to advertise @ PropertyGuru.

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Guest Buyer1986

I am single. And I recently bought a 3 room 68 square metres resale flat. This flat's block is built in year 2018.

 

But the previous owner did not install a kitchen cabinet in the kitchen. And ni gad stove too. 

 

Anyone knows what is the typical average price to hire a contractor to install a kitchen cabinet including gas stove in the kitchen in a 68 square metres in area flat? 

 

No need fanciful kitchen cabinet. Just a very simple average kitchen cabinet that includes a gad stove will do. 

 

Who knows what is the typical average total cost? 

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Guest Mr Hushy
On 9/17/2024 at 12:06 PM, Guest Buyer1986 said:

Anyone knows what is the typical average price to hire a contractor to install a kitchen cabinet including gas stove in the kitchen in a 68 square metres in area flat?

 

 

16 hours ago, Beach19 said:

Anyone looking to sell? Am looking for a 4rm resale in hougang, buangkok, sengkang area. Anyone selling or can help? Many many thanks! 

Both answers can be found thru googling, otherwise you risked getting unrealistic and funny reply greatly deviated from market place  or worse.....get severed warning points from moderator.

 

 

 

 

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Guest thunder
On 9/23/2024 at 2:36 PM, Guest Mr Hushy said:

 

Both answers can be found thru googling, otherwise you risked getting unrealistic and funny reply greatly deviated from market place  or worse.....get severed warning points from moderator.

 

 

 

 

 

you are dead wrong!

 

it is you that gets severed!

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On 9/17/2024 at 12:06 PM, Guest Buyer1986 said:

I am single. And I recently bought a 3 room 68 square metres resale flat. This flat's block is built in year 2018.

 

But the previous owner did not install a kitchen cabinet in the kitchen. And ni gad stove too. 

 

Anyone knows what is the typical average price to hire a contractor to install a kitchen cabinet including gas stove in the kitchen in a 68 square metres in area flat? 

 

No need fanciful kitchen cabinet. Just a very simple average kitchen cabinet that includes a gad stove will do. 

 

Who knows what is the typical average total cost? 

Suggest you go to a few reliable contractors and ask. No need to commit.

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Guest HUNG

Just learn from Zaobao that over 90% of seniors (above 55 years old) choose to get the short lease (15 - 45 years) for their 2 room flexi BTO purchase rather than the 99 year lease. I am quite surprised (I had thought that most would wish to purchase the long lease so that they can flip / sell / rent / earn after 5 years and maybe retire elsewhere?). Any insights ? Would you all seniors get the short or long lease (for your first 2 room flexi BTO / SBF purchase) ? Why? Pros & Cons? Thank you ...

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3 hours ago, Guest HUNG said:

Just learn from Zaobao that over 90% of seniors (above 55 years old) choose to get the short lease (15 - 45 years) for their 2 room flexi BTO purchase rather than the 99 year lease. I am quite surprised (I had thought that most would wish to purchase the long lease so that they can flip / sell / rent / earn after 5 years and maybe retire elsewhere?). Any insights ? Would you all seniors get the short or long lease (for your first 2 room flexi BTO / SBF purchase) ? Why? Pros & Cons? Thank you ...

I think most seniors are not eligible to apply for the 99-year 2-room Flexi BTO flat and have to settle for the short-lease

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Guest Golden Years
4 hours ago, Guest HUNG said:

Just learn from Zaobao that over 90% of seniors (above 55 years old) choose to get the short lease (15 - 45 years) for their 2 room flexi BTO purchase rather than the 99 year lease. I am quite surprised (I had thought that most would wish to purchase the long lease so that they can flip / sell / rent / earn after 5 years and maybe retire elsewhere?). Any insights ? Would you all seniors get the short or long lease (for your first 2 room flexi BTO / SBF purchase) ? Why? Pros & Cons? Thank you ...

Surprised??  You didn't want to bear the financial obligations or burdens that come with ambition or an ostentatious lifestyle after a certain age. Seeking happiness and joy should be your remaining journey in life.  Particularly if you wanted to leave the world as tidy as possible without the mess of your careless purchase and you had no children to inherit your property.  40 - 45 years may well last you beyond your 100th birthday.  

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Guest What say u?
1 hour ago, Guest HDB said:

I think most seniors are not eligible to apply for the 99-year 2-room Flexi BTO flat and have to settle for the short-lease

They could, if they buy from resale. If you are 60yo and single, will you prefer a 90 years lease or 45 years lease?

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Guest Central

My relative will be renting out his whole HDB 4-room flat to 4 S-Pass holders tenants from 1st of October

 

The 4 S-pass holders tenants will be registering to ministry of manpower that their address is my relative's flat. 

 

My relative he said he does not intend to report to HDB that the 4 foreigners had rented his whole flat. The reason is because if he report to HDB that his flat is rented out, he will lose all the estimated $850 utilities U-save rebates and also lose the conservancy scc bill rebates. 

 

During the Past 4 years he rented his whole flat to  2 different groups of permanent residents and foreign students and he also never register his tenants rent his flat to HDB but all that 4 years, he totally never encounter any problem from HDB. (But obviously the permanent residents and foreign students also never report to MOM that they rented my relative's flat. 

 

The question now is since these 4 S-Pass holders confirm will register to MOM that their address is my relative's flat, then if my relative did not register these 4 S-Pass holders tenants renting his whole flat to HDB, will HDB know that my relative's flat is rented out and will HDB take penaly action against him the flatowner? 

 

(Of course we assume that his neighbours did not secretly report to HDB that my relative's whole flat was rented out, since his neighbours also did not report to HDB these past 4 years when his whole flat was rented out to foreigners) 

 

 

 

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Guest Good Luck
21 minutes ago, Guest Central said:

 

My relative he said he does not intend to report to HDB that the 4 foreigners had rented his whole flat. The reason is because if he report to HDB that his flat is rented out, he will lose all the estimated $850 utilities U-save rebates and also lose the conservancy scc bill rebates. 

My neighbour did what your relative did.  Later found out, the entire flat confiscated.  He live in Sembawang park now.  

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Guest HUNG
5 hours ago, Guest HDB said:

I think most seniors are not eligible to apply for the 99-year 2-room Flexi BTO flat and have to settle for the short-lease

From what I know, seniors (above 55 years old) are given the option to choose between either short or long / remaining lease during the HDB flat selection appointment (as long as the 2-room Flexi BTO / SBF covers them till age 95 years old) ... 

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1 hour ago, Guest HUNG said:

From what I know, seniors (above 55 years old) are given the option to choose between either short or long / remaining lease during the HDB flat selection appointment (as long as the 2-room Flexi BTO / SBF covers them till age 95 years old) ... 

👍 Note: A big chunk of CPF monies will automatically be transferred to the Retirement A/c @ 55. Hope there is still some left in the Ordinary A/c to use for housing 🙏

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Guest Single 54

If a never married before and single 54-years-old Singaporean, he last time many years ago got apply and bought before ONE time a subsidised Sales of Balance flat with his parent directly from HDB, but he never applied for a 2-room BTO directly from HDB before, next year when he is 55-years-old if he go apply the senior 2-room BTO flat, is it he is only allowed to buy the 45-years-old flexi-lease 2-room BTO flat and he is not allowed to select the 99-years-lease for the same unit? 

 

Or is he also allowed to buy the 99-years lease 2-room BTO flat unit? 

 

 

 

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1 hour ago, Guest Single 54 said:

If a never married before and single 54-years-old Singaporean, he last time many years ago got apply and bought before ONE time a subsidised Sales of Balance flat with his parent directly from HDB, but he never applied for a 2-room BTO directly from HDB before, next year when he is 55-years-old if he go apply the senior 2-room BTO flat, is it he is only allowed to buy the 45-years-old flexi-lease 2-room BTO flat and he is not allowed to select the 99-years-lease for the same unit? 

 

Or is he also allowed to buy the 99-years lease 2-room BTO flat unit? 

 

 

 

 

Can only buy 2-room BTO Flexi flat with 45-year lease

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7 hours ago, Guest What say u? said:

They could, if they buy from resale. If you are 60yo and single, will you prefer a 90 years lease or 45 years lease?

Singles can buy 2/3/4/5-room resale flats from the open market. However, short-lease 2-room flats for seniors can only be purchased directly from HDB during BTO launches.

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Guest Cruel
7 hours ago, Guest HDB said:

short-lease 2-room flats for seniors can only be purchased directly from HDB during BTO launches.

Not eligible for loan too. Must pay by Cash.  If u no money. Cannot buy.

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SINGAPORE - Singles will be able to apply for two-room flexi flats in all locations from the upcoming Build-To-Order (BTO) sales exercise in October.

More than 1,900 such flats will be on offer in 10 out of the 15 BTO projects that will be launched, the Housing Board said in a statement on Oct 4.

They are located in Ang Mo Kio, Bedok, Bukit Batok, Jurong West, Kallang/Whampoa, Pasir Ris and Sengkang.

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5 hours ago, thickhead79 said:

SINGAPORE - Singles will be able to apply for two-room flexi flats in all locations from the upcoming Build-To-Order (BTO) sales exercise in October.

More than 1,900 such flats will be on offer in 10 out of the 15 BTO projects that will be launched, the Housing Board said in a statement on Oct 4.

They are located in Ang Mo Kio, Bedok, Bukit Batok, Jurong West, Kallang/Whampoa, Pasir Ris and Sengkang.

Not cheap in the Plus/Prime estate.  You need to observe minimum MOP of 10 years and also for Prime estate you are not allowed to rent out your flat even after MOP.  If you sell, you need to pay back all the subsidies.   If you are serious of staying put and willing to pay rediculous price, then Plus/Prime is a good option. Since Singapore is an island with a vast MRT system, not all standard estate is in a terrible area.  Some Plus/Prime units may not face the best direction, particularly if they face another unit living room, kitchen, or MSC, but you still pay the Prime Price because of the "Good" location.   For such price,  best is to top up your budget and aim for 3-room resale - bigger space, with no HDB restriction. 

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On 9/27/2024 at 1:16 PM, Guest HUNG said:

Just learn from Zaobao that over 90% of seniors (above 55 years old) choose to get the short lease (15 - 45 years) for their 2 room flexi BTO purchase rather than the 99 year lease. I am quite surprised (I had thought that most would wish to purchase the long lease so that they can flip / sell / rent / earn after 5 years and maybe retire elsewhere?). Any insights ? Would you all seniors get the short or long lease (for your first 2 room flexi BTO / SBF purchase) ? Why? Pros & Cons? Thank you ...

 

What is surprising about it? That's my plan when I reach 55 (if gahmen don't change the rules). Sell off my current flat and downgrade to a short lease studio. 

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A total of 8,573 BTO flats will be launched in October, the largest launch of the three sales exercises in 2024, comprising 4,988 Standard flats, 3,273 Plus flats and 312 Prime flats.

Spread across nine towns – Ang Mo Kio, Bedok, Bukit Batok, Jurong West, Geylang, Kallang/Whampoa, Pasir Ris, Sengkang and Woodlands – October’s exercise will make up more than 40 per cent of new flat supply for 2024.

As for what differentiates Prime and Plus projects, Mr Lee said Prime flats “tend to be located close to the city, have good transport connectivity and are well-served by comprehensive amenities”.

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SINGAPORE - The upcoming Build-To-Order (BTO) sales exercise next week will have seven projects launched in the Standard category, seven more in Plus, and just one Prime BTO project, as the Housing Board rolls out a new system of classifying flats.

It will mark the first time where BTO flats will be sorted according to these three categories. The new framework will replace the current system of classifying estates as either mature or non-mature.

Explaining how BTO projects will be categorised under the new framework, National Development Minister Desmond Lee said on Oct 9 that HDB does so based on a project’s proximity to the city centre, transport connectivity and amenities.

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