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Lauer

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Everything posted by Lauer

  1. A legal process is only useful when you could claim for damages (money) because the apartment could not be renovated due to the unreasonable behavior of MCST. I think that the Strata Board has no legal mean to hear this kind of complaint, so it should be more of a civil suit of Owner vs MCST. I would advise working this out with MCST, or via some committee members who are sympathetic to your situation. Good luck!
  2. OTP is a legal document. There is no legal avenue for a seller to back out of a sale once OTP is signed by the seller. While I am not familiar with HDB sale & purchase, my guess is that the legal process is the same except that HDB as an agency is involved in the conveyancy, because an HDB sale & purchase is legally more of a lease agreement between HDB and the buyer. What TS has not explained is the reason for backing out of the sale. While we would not want to intrude in the privacy of the matter, the weight of this reason is important. The only way to back out of the sale is for the buyer to cancel the purchase, and in this case is to drag the process (such as not signing any subsequent document, not turning up on an HDB appointment etc as one has proposed), essentially to force the buyer to go to the Court to compel the seller to complete. And hope that the buyer chooses not to go through this and cancel the sale. In doing so, it must be made clear that the seller is exposed to all consequential damages sought by the buyer should the buyer chooses to go through the legal process and at the end still being compelled by the Court order. The damages are the buyer's legal cost, his renovation deposit, his rental cost if any while pursuing the case, etc all kinds he could think of and the Court may approve if it agrees with the buyer. All these should be weighted against the reason of backing out of the sale. Good luck!
  3. A last posting for the year; for your benefit.If you are a trader of the lower timeframes, then you would know that price moves according to the selling and buying pressure at that moment. Price does react temporarily to major news but it would resume where it wants to go naturally. Most traders don't care about evolving news or developments such as those being wrote above, and therefore are comfortable trading all kind of markets (index, fx, commodity, pm etc). How do you know where price of an instrument wants to go? Well, the market tells you. Therefore, a trader would do well when listening to what the market is telling him, and he would do badly fighting with the market, being egoistic and so on. Of course, there are times that a trader would misunderstand what the market is saying or sometime the market is making a false move. However, it is a well known statistic that a trader would make a very comfortable living trading the markets with a success rate of 55%. In other words, a trader would need to be right slightly more than 50% of the time in term of the price direction to be very successful, provided he has strong money management discipline (basically cutting losses quickly and letting profit runs with trailing stop). For a strong opinionated person, he should avoid trading and be an investor instead. But even for an investor, he would still need to follow basic trading principle in order to be able to trade around his portfolio in times of market volatility. If you have the right aptitude, trading is a good skill to acquire. There is no retirement age, and you could trade as long as your mind is up to it. You are your own boss, there is no office hours etc. Trading is leveraged, so make sure that you have strong money management discipline in pursuing this career. http://www.youtube.com/watch?v=NadClRkUtzk&feature=youtube_gdata_player Cheers!
  4. It is again the time of the year to spend time elsewhere, to live differently because life is but a journey. I wish everyone a happy renovation and properous 2015. (we could be seeing a greater volatility in the marketplaces from now on for about 9 months, so be nimble while out there.) 后会有期. Cheers!
  5. 是啊.五年的辛勤, 难得啊. Time after time. Enjoy!
  6. I don't believe in magic but the magic of sound. A tribute to 李香兰. Enjoy!
  7. http://www.youtube.com/watch?v=13uNIxaBKhk&feature=youtube_gdata_player Enjoy!
  8. http://www.youtube.com/watch?v=ILqwu0MZIe0&feature=youtube_gdata_player Enjoy!
  9. There are more than 100 chapters in this series, and there are gaps between the chapters. I would not be posting all the available chapters, so please search for the remaining if you are keen. http://www.youtube.com/watch?v=tePshm8RKQo&feature=youtube_gdata_player Enjoy!
  10. If you house's sewer pipes are connected to your neighbor's IC (that is, a shared IC), then your lucky star is shining through.If you have bought your neighbor's house instead, because its IC is shared, then the location of this IC is more or less fixed. In rebuilding a new house, or an A&A, the house would have to be designed around the location of the IC basically. Which is why we could occasionally see an IC located at the oddest places in a landed; at the kitchen walk way, inside a bedroom, beside the dining table etc. Cheers!
  11. 是啊. 如今的教育, 教人做事而不管做人. 不做人, 这人就鬼话连篇. 可悲啊. (Watch from 28:00) Enjoy!
  12. Nowadays, developers and property agents have progressed from marketing a property's built-in to its built-up. For condos and even for landed.These measurements are not the GFA, although for built-in it could be closer to its definition. GFA has also property tax implication. Regardless, for condo for whatever its GFA and/or built-in/built-up measurement, it is almost impossible to gain the approval from URA or MCST for a rooftop modification. Cheers!
  13. (Some dramatic statements made, but I think he could be somewhat frustrated when people ignored the symptoms.) http://www.youtube.com/watch?v=6VYBVL7Eizo&feature=youtube_gdata_player Enjoy!
  14. http://www.youtube.com/watch?v=0zNmMTlTB3w&feature=youtube_gdata_player Enjoy!
  15. 买楼十八看. (A well paced presentation; would have been better if he explained 三元九运以何来?) http://www.youtube.com/watch?v=eAt8VVKSTMM&feature=youtube_gdata_player http://www.youtube.com/watch?v=QRNFNbPq_Bc&feature=youtube_gdata_player Enjoy!
  16. 是啊. 四年已过, 包容心一点没改变. 还是尽早放下屠刀,立地成佛吧. Cheers!
  17. Do you know the 风水 rationale for the kitchen door?TIA!
  18. When you are buying a house, whether it is an apartment or landed, you would firstly be looking at the location of where the building is, the state of the building itself and its neighbors, the surrounding landscape (how healthy the trees are, if the gardens are flourishing), the roads, and the look (not the type) of the people staying there etc. And 我以为, only when these are positive then you would proceed to consider the apartment or landed. A building is a living structure; where it is architectured with little consideration over lighting and ventilation, it would degrade far faster than its surrounding buildings. One would feel unease when walking into this kind of building; dark and gloomy, suffocating etc. I don't practice 风水, but after years of experience and observation, it occurred to me that a good house invariedly is well located, in a healthy building surrounded by other well-maintained buildings, landscaped with majestic healthy trees and gardens, populated by people who look very relaxed and contented etc. And as for a landed, it wouldn't matter if the existing house is to be torn down and rebuilt. For example, an abandoned landed is always a caution, and so is one where the seller has faced financial difficulty. Those of you who built houses before, would have experienced that for a house with lesser surrounding, its reconstruction would almost always problematic, and there could be some close encounters. And naturally, some of the most pantang people I met are none other than building contractors. 我以为, It is unlikely that one could engineer the best 风水 for an apartment when the 风水 of the building itself is bad. And when you feel great inside a new unrenovated apartment, please don't make it dark and suffocating. And by the way, how many of you actually leave the main door opened when you are at home? Just my 2-cents thought. Cheers!
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