Everybody

Must smack you People ask (condo/landed) you says out put at home. I give all Singaporeans $0.50, then I better more famous then Peter Lim

Mr. Mah said the government is "very reluctant" to impose a capital gains tax—a tax on profits made from selling private property—as it did just prior to Singapore's 1996 housing market crash.

Corporate tax are different in some country. Transfer to family members ,and risk court issues later because of disputes. There is also some fees incurred in transfers. Nothing is free. Worth doing just for a miserable pathetic HDB ?

What you are see this week, there is a drop in ppl who are selling. Ppl are holding as they may be subject to new rule if they sell and buy again. Property developer are also consider holding new launches. So, genuine buyer are affected, less to choose from.

Yes, Most of our State revenue come from the Tax Department. Close to 20 billions ? The latest new inclusion is from the Gambling Casino

LOL .... The standard property tax is 10%. For new and resale HDB flat owners, you need not apply. The owner-occupier concession will be automatically granted to you owner occupied is a CONCESSION, that may be GRANT to you, only if you APPLY, not automatic for Private House

Bro, You just bought your home and your are counting your paper gain. Know that you fall under the 1 year rule sell group. Whats the matter ? tracking the trend, worry the new DTL with the 2 new stations in TP gonna draw away your potential buyer

August transaction reflects April/May submission. No the current conditions. Thats why even if sales volume drop, true current value will be been felt at the end of the year.

The date of the latest VR must be before the signing of the OTP date. Need revised OTP date. Also the loan agreement date must be after your latest VR date with the revised loan amount. No big deal, HDB will advise agent on this amendment. Transaction will be proceed accordingly

Change in Address nothing to do with property tax. Change in address is mandatory by Immigration & Checkpoints Authority (ICA) within 28 days. For property tax, If you own and live in a private residential property, you may apply for the owner-occupier concession, by default it is 10% based on rental. For new and resale HDB flat owners, you need not apply. The owner-occupier concession will be automatically granted to you What if I own both a HDB Flat and a Private Residential Property? If you own both a HDB flat and a private residential property, the owner-occupier concession will automatically apply to the HDB flat as HDB flat owners are required to live in their flats. But if you wholly rent out your flat and live in your private residential property, the owner-occupier concession on your flat will be withdrawn from the date of letting. You may then apply for the owner-occupier concession for your other private property. You need to notify IRAS within 15 days of the receipt of the rent if your property is let and rent is charged for the letting of the property. The penalty for non-compliance of the above obligation is an up to $5,000 fine and a 10% interest rate charge on the Property Tax payable (if any). CHEERS

Yes! write in, appeal, HDB will consolidate all your cases and may decide to let you in through the side door. Of course, they will not officially to the press now. Mohammed Ismail, CEO of Propnex said, “People who are affected in such a transition, as long as they can write in the HDB, showing the necessary documentary proof, for example, somebody who has paid a deposit of $1,000 and the cheque has been cleared well before the new ruling came into play, HDB will judge the merit of each individual case” Case appeal reasons : I’ll lose my deposit and the bank will penalise me a few thousand dollars because we didn’t exercise the contract that we signed. HDB has a rule that says if we do not buy, the seller can resell to the market. So whatever difference, we have to compensate the seller. You have nothing to lose, even they don't approve, after all, you have decide not to proceed the purchase if your purchase follows the new ruling

Hilton suicide, husband jumps, all goes to wife, wife also jump, goes to wife parents. Husband parents loss son and got nothing. Who lives last is the winner.

MOP ..... em .... Also, guys do you also know that You have to stay in the HDB flat for the 1st 5 years, and can only rent out after the 5th. However, if you do leave the country to study, you can apply for permission from HDB to rent your whole flat. BUT, do note that this rental period WILL NOT count towards your 5 years Minimum Occupation Period (MOP). This means, when you come back from your studies, you have to continue living in the flat till you complete the 5 years MOP, before you can sell!

LOL .... so simple rules, you guys make it sounds complex. Same like MOE, school teacher, student come back still bonkers. Feed children with tons of info, never teach them how to analysis and be focus. Guys, be more focus man, the RULE is All new application from 30/8/2010 REGARDLESS whether subsidized, non subsidized, new,resale,grant, no grant, hdb loan, bankloan, BTO, DBSS, EC. Flat all MOP is 5 years, then can invest in private property .... easy right Also the Cash 10%, not only subject to HDB,PTE ... blah.... It is all across the board pertaing to property loan, multiple property with outstanding loan. Even for COMMERCIAL property loan ...

Thanks Leen, NTUC Dentalcare..em why never thought of that. I use them for my routine services. But, the dentist change frequently. Thought they only do the norms with some minor surgury and X ray. Anyway, will find out more from this 2 options.