Ahyong81

Just go and look for the Mp, they sure can help you with the case.

Just to note that if you take up the zero interest installment by using credit card, that is consider unsecured loan. If you have a hugh amount of unsecured loan, it might be hard to apply for loans next time when you really need it, example bank housing loan, renovation loan, car loan etc...... You can use your credit to gain points and smart dollars, just spend within your means. Pay with your card to enjoy the perks, and make full settlement before the bill cycle come. Cheers.

Actually tile is before carpantry. Ts got the wrong sequence for certain issue. And some information you shared is not accurate

Do ask for at least two signed copy of the quotation from the id or contractor to protect yourself. The bank required you to submit the original copy. Taking a 2nd original copy will safeguard you against any changes make by the id or contractor after you have apply the reno loan and the bank approve the loan. Cause this way after you secure the reno loan. You can bring back the 2nd original quotation and verify with the id or contractor quotation to make sure they did not amend the quote on their own.

Yes correct. Once your reno loan is approved, you can discuss further with the id or contractor. But before you submit, please decide the id or contractor you seriously want to engage. And best to ask around different opinion before choosing a id or contractor. To note, best to engage a hdb approved renovation company, you can check if the company is hdb registered or not at hdb website. http://www.hdb.gov.sg/bn25/isos118p.nsf/List+by+Company?OpenView&Count=15&Start=1&RestrictToCategory=A&CurVal=Reno%20Company%20Name/ Most bank will approve loan to registered hdb renovation id or contractor only. Maybe if you would like to share with which id or contractor you have enquiry, you could pm me so that maybe i can share some of my experience. Choosing a id is headache. Finding a committed one is super hard....

Hi kindly pm me the price and brochure. Ty

If the renovation loan is not successful, there is no worries, since you never sign anything with the id on their side, just infd them the loan was not successful and you cant proceed. At least its safeguarding us as consumers.

Their interest is not 2.98%. Since you and your wife earn 3k each, If you both joint, the max loan is 30k according to MAS regulation, you can only get max 30k. However if you and your wife apply seperately, each of you can get 18k and thus total 36k.

You need another person to joint apply, must be immediate family members, parents, siblings, children etc

Most people thought that only if they sign the contract with the id then they can apply the reno loan, however, the bank only required a orginal quotation with the company signature and letterhead and your signature on the quotation to be submit to the bank to apply the reno loan. Thus you dont need to sign any contract with the id. The ID just need to pass you the quotation with their signature and print on a paper with their company letterhead. you can later sign the copy at home or before submit to the bank to apply the reno loan. Dont sign anything with the id, never sign the quotation and pass back one copy to the id if you are applying for reno loan. If one decided to apply a reno loan, the id should know that this customer has the intention to sign with that id, so there is no need for customer to sign any contract with them prior to the reno loan approval

If you apply yourself, and if your realise that you might not want the id to renovate your house, you still have a option to cancel the renovation loan, although there will be a 1 to 2% penalty of the loan amount, example u loan 25k, if you cancel after approval, you will need to pay about 250 to 500 for the cancellation. But if u sign the contract with the id and they apply for you, if your reno loan not successful and you might not be able to proceed with the renovation, some id will forfeit your 10% deposit, some id worst, they contract state that if you cancel, you need to pay 20 to 30% of the whole reno cost as penalty.

Do it yourself to apply the renovation loan, dont let the id do it. They will tell you to sign the contract and they will apply for u the reno loan. And if the reno loan not aprove, most ID has the contract claus of 20% to 30% termination fee charges. Or some id will forfeit your deposit of 10%. Its very straightforward to apply a renovation loan. Just go to any bank and ask their staff there, they can help you to submit on the spot. And its safer for you as you do not need to sign any contract with the id prior to the renovation loan approval from the bank.

For the quotation from your id, you dont need to sign on their copy or any contract with them. Just ask the id to sign in the quotation and pass you the quotation with their company letterhead. You can also sign on that copy they pass to you. You do not need to sign officially with the id with any contract. You can take the quotation and go apply the renovation loan as long as the id got sign in the quotation paper. Remember you do not need to commit anything with the id. No need to sign any contract with them yet. Once the reno loan is approve, you can then proceed to sign the contract with the same id. You cant change id once u apply using the id quotation and its approve, the cashier order will be under the id company name, the bank will mailed u or you can self collect the casher order. The bank will not pass the cashier order to the id.

Yes, if cpf is not able to pay for the remaining amount based on the percentage required, he or she need to top up in cash.

Hi can pm your led light supply. Tyia

One of my quote was 8dollar psf and over 800 over sf. Total 6400 just for the cement screed.... the entire house flooring cost 19k in total... i was laughing and thinking... lol

Nice home and theme.

Sealing of bomb shelter vent?

B4 thet already doing it for the wet area. The new rules apply to dry area. So there is no issue on the skillset and equipment.

Lol, this topic is talking about just the prepack screed for flooring, if based on same material 5 years ago and today market price for same type of tiles price at $3 psf. Not much different, just the prepack screed requirement a few hundred difference.

1500sqf is based on a 5rm hdb flat size, and that mean its the entire floor area of that house. Prior to 1st june, the wet area and kitchen already using the prepack screed and waterproof memb. So the cost for those so call dry area should not cost so much. I dont think 5rm and below living room size for hdb is 1500sqf.

The twice i refer was to answer to this reply, its not the same to the cost of prepack screed that is require after 1st june.

We are talking based on a 1500sqf area as an illustration. So it should only be a 750 increase in total cost (the entire house dry area). And there are id i went, they say they can waive this difference. So how come they can waive this additional cost,but yet some id tell their customer the entire flooring will increase by 50% in cost after 1st june. Fyi, the flooring tiles price remains the same b4 1st june 2015 and after 1st june 2015.

Its only refering to the prepack screed. The rest material example tile cost should not increase. Whats those id does is that they will tell customer that its harder and need other equipment to do it. Bull****. The other quote 4k b4 1st june for same area but after 1st june quote 8k, that is cheating the customer.

Nowadays most id they just post 3d rendering and not actual photo of the completed project.