wildfaye29

Hi all, I intend to do a re-construct of my aged parents inter terrace and have some questions. Hope to get some insights here. Basic Info Land size 2000 sqft / Build-in - 1800 sqft (approx) Build year: 1990 - Bedok Planning area (URA states 2 storeys) Intended build: 3.5 storey (0.5 will be attic with partial open roof for bbq/washing clothes) (not sure if 3.5 storey is allowed) - 3,000 to 3,500 sqft (not going for max envelop) Loan Pty is in my parents names (77 y.o.), hence I believe that it is not possible to obtain a construction loan even with my/wife name as co-borrower/guarantor. Please let me know if my understanding is incorrect. As such I intend to reconstruct using cash. However, if there is an avenue to go for a loan I will be most delighted. Cost of reconstruct I do not need an atas rebuild. I only require quality and long lasting materials. I read that current build cost is abt 400psf. How much is the variance for this cost? I also understand that I need various other fees such as Architect/QE/Surveyor/Fees to URA & BCA/Soil testing/Interior designer, etc. Is a combined 1.5m sufficient for inter terrace reconstruct? Who to approach for the job? Been trying to find online resources to provide a quotation for the job but all I see are Ads on builders. Should I start by looking for an architect? I dont feel comfortable to find a turn-key builder. Is there any reliable list of reconstruction people whom I can find information and reach out. Looking forward to reading your replies! Thanks in advance!

Hi! I have one of this too! Mine recently broke down. Did you managed to find a replacement? Please share the cost and where you managed to find it. Thanks!

Hi experts and gurus, I would like to find out if this is a common practice? Buyers request to take keys prior to 2nd completion appt? They are not doing any sort of reno (which is covered by a standard reno indemnity form from HDB), they wana so some cleaning, painting and prob move some belongings. Agent claims its a common industry practice. but ownership is still with w sellers, SP services not transferred. What if something goes wrong, who will be liable? Should sellers reject the buyer's request? Or can a compromise be made? Agreements? Thanks for advice!

Upz for the week!

ups for anyone wants t5 tubes for renovations

Hi all, still available. Pls help me clear my store!

Hi, I have purchased extra T5 tubes from Philips (with original Philips tube holder) (all cool white). One 4ft - S$18 each Two 3ft - S$16 each Three 2ft - S$14 each All comes with connectors and are in original packaging (opened for checking only), not connected for use yet.Please contact me via pm if anyone is interested. I have no use for these excess tubes. Thanks for looking. Cheers wildfaye

Hi everyone, I have S$1,100 worth of credits from plush beds. It is sufficient to purchase a King storage bedframe in leather. You can choose the design and colour of the bedframe. If anyone is interested, please contact me via pm, so that u and me can go to the shop for u to choose and arrange for fabrication and delivery. The $1,100 will be sold to you at a $1,000. Cheers.

Hi carrotcakegirl. I sent u a pm, pls take a look. Cheers!

Hi! I cleared my box! Only 25 pm max, ouch.

Hi, may I know your vendor for the termite treatment? Pm me if not convenient. Thanks!

Hi both, I have sent you both a PM rgding your A&A. Hope to hear from you. Thanks!

Hi all, thanks for your replied. I have enquired with UOB and DBS and understand that this is essentially called Home Equity Financing. The bank will loan 60% of the valuation of the property, however, any CPF utilised and accrued CPF interest must be deducted to derived at the actual loan to be disbursed. Rates are very attractive, at approx 1.5% p.a. and you can loan up to the max tenor based on your age. Cheers!

Hi, we have a fully paid up property. We need some cash ($300k) for other purposes. Can we use the property as collateral to obtain a loan? The mkt value of the property is 1.5M. What are they types of loan avail? and rates? Help appreciated! Thanks!