Sam Lee Poh Huat

So lesson learnt that those who can afford to make downpayment THEN might not b able hold it till NOW due to various unknown reasons... so b wise on the piece of land that u can afford to sleep on.. I think those who can come up with CASH+CPF for duxton wldnt b too bother by it and guess HDB c that this group of pple r those POTENTIALLY high earners who cld b pte property holders sooner or later.. so why not they grab them now.. But i do wonder hv HDB ever approve any loan of 800k with this combined income criteria thingy.. is a 800k loan still affordable for most common of us out here?

S1 are equivalent to our 4 room whereas S2 are to our 5 rooms. Price wise i cant deny its abit on the high side and with its the prime location, i cant help but to b envious of those who got it when it launched intially cos easily they know that their house value was up by approx 160k even when they havent get their keys. 3 words of advice from some pple i know when getting a property.. Location, location n still, L.O.C.A.T.I.O.N

Everytime i look at the resale/new prices these days makes me comparing with those i've seen during SAR's period. Wonder what makes such a big differences . High monthly PUBLIC housing installment + high inflation gonna eat to those who commit during this peak period. "Luckily" enough i was hold back due to this 30 mth financial restriction owing to transfer of flat ownership to my name this year.. I'll wait n c next year.. but **** i know my increment next year is already gonna offset by this high inflations~!

there is this BKK hotel that allows their local artiste to exhibits their creativity n paint their rooms into diff themes. check it out.. http://www.reflections-thai.com/rooms.htm Was there this june n stay in 2 of their rooms during my stay with my gf. Now my gf wan our future room to b like one of those.. i m said that i m further impressed by the thai's artistic flair.. of cos, does not encourage pple to go now.. jus for sharing.. Enjoy~! Most of room pic has been upload jus click room number on top left corner..

Yes stamp fees r required.. guess the percentage n other charges r the same as it is a new loan application to HDB..

Haha... its really an option to explore but i guess its no fun shifting here n there unless i can afford then or need an upgrade.. Its always how deep my pocket is rather than how deep my heart felt esp property investment.. I typical singaporean.. Kian si.. kian su.. kian bor.. kian cheng woo.. kian bo looi $$

Surplus most likely YES for pte housing.. But highly NO for public housing.. Rem our BTO's? It under controlled for now..

Aug 1, 2008 HDB flats: Low figure is building costs alone I REFER to the letter, 'Affordable HDB flats: Costings don't add up' by Mr Steven Yeo (July 22). Mr Yeo cited a Forum page letter published on July 12, 2004, where the writer gave the construction cost of a new flat as $50,400. This does not give the full picture of how much it costs to build flats. As HDB explained in its reply of July 23, 2004, the figures cited relate only to building works. The total construction cost of flats includes other costs such as infrastructure, piling works, lift installation, consultancy and project management, financing and purchase of land. We have explained before in previous letters that the total cost of development in the current market is about $300,000 for a four-room flat in Punggol-Sengkang New Town. This is significantly higher than the subsidised price of a four-room flat in Punggol-Sengkang sold by HDB at about $200,000 to $260,000. Kee Lay Cheng (Ms) Deputy Director (Marketing and Projects) for Director (Estate Administration and Property) Housing and Development Board Something to share from ST forum, Aug 1 2008 A topic prev discussed on this forum.. Not surprisingly, their official reply..

Well i guess mature estate like TPY n AMK etc.. still spell alot for most public housing seekers.. its like a SQ brand to the locals.. Pretty much i hope i wld strike the 8 million TOTO draw next wk so i cld afford a foot in these SQ branded mature estate plc.. but i guess in reality i wld focus more on suburban brand like tiger punggol/sengkang where i guess.. there's less ERP's n less wilson automated carparks.. n fresher air Gosh..

Well i think the time of having a surplus of 10,000-20,000 PUBLIC housing r already over.. So IMHO, to b lucky n wait for a gd price where our ms apple got will not b such in a near time . BTO's as we know r concentrating at suburban areas from the central.. how many chances do u hv on remaking-mature estate like the recent annouced DAWSON estate?.. I reckon the next DBSS price at toa payoh after bishan.. wld b more ridculous than AMK DBSS.. Those who can afford AMK DBSS might as well wait for pte condo's.. where oversupply in that areas might b a case in near future..

Right thumb of rules.. HDB.. DBSS.. CONDO's and Landed property are meant for diff range of pple, how much they can afford n how much they like the location.

It seem like in this small tiny sacred land of ours it seem getting impossible n more expensive to stay in or near central.. Jus felt that the govt is jus trying to push out those poorer pple like me to the "outskirt" n to attract us.. valuation must raise to make it "wu hua" and attractive to invest our CPF.. I rem this concept of DBSS was intro when the economy is still on the downside.. purpose i guess is to stimulate the market then with fresh condo like public housing but it seem to over stimulate it on this up turn

SC/CC so "cheap" meh??? 1 of my colleague who got a unit in tampines DBSS said he's paying ard 90++.? Anyway, his place gonna b ready by next year 1st quarter but till now he is still struggling to get details on his unit floor plan dimensions.. power point locations n aircon trucking positions etc.. HDB officer in charge n developer r always so busy.. So, hopefully future DBSS developers r more flexible rather taking $$ on time..

Yup.. resale will only go up esp when our construction industry has already showing signs of overheating.. Recently govt even announced to postpone some of its projects roughly abt 1.7 billions of it.. Supply is still lower than demand. With the high rental chopper ard., most resale is jus going up with our PR's investing their rental on resale rather than their landlord pockets.. thats what i observe Comparing to boon keng city view developer bid price, i thought AMK DBSS slightly overprice again than expected but maybe its at AMK.. DBSS.. a HDB flat on the inside but yet condo-like price on the outside.. conven fees is ard $90++ per mth

Thanks for sharing~! An gd exchange of informations from 2 different school of thoughts on investment Well back to the capital redeemption, if let say i selected 1 BTO unit and got an HDB loan, say $300K. Few years later upon completion, i've sold off my present flat and with some sale proceeds+cpf with accured interests back my OA. I decided to do a partial capital redeemption, say $300K-$100K=$200K, so that to keep my monthly instalment to an affordable level, maximum 30 years loan term (Personal preference; instalment substain by monthly OA contribution). Wld that incur as another loan taken? Do note that there is a HDB restriction which do not allowed any one from applying another HDB loan 30 months from the date of its 1st loan disbursement. For my case after transfer of ownership last year, i hv prob with this restriction which is affecting my next purchase esp if it is on a NEW BTO's flat. So another question is, wld this redeemption be allow relating to the above scenario?

hmmm.. its quite unique for ur case cos how u manage to sell off ur 1st flat esp when theres another ruling to stay for a min of 5 years before selling it off. So ur 1st unit from HDB is a repurchase unit? and for ur bank loan is it on ur present new/resale flat? kiira.. hv u ever thought or r u allow to refinance back to HDB loan after ur 3.5 years of ur bank loan on the same flat??? Btw, any one got any idea whether are we allow to do so? any one?? thanks in advance..

So ur current one of 1.5 years is ur 1st flat and is a resale flat? Cos from what i understand buying new flats will hv another restriction of min 5 years occupation of it so this loan restriction shldnt b affected..

Kiira, Your scenario same as mine?? jus manage to find the following info fm HDB website Restriction on application for another HDB loan Upon obtaining a housing loan from HDB, buyers will not be allowed, within 30 months from the date of loan disbursement of the flat, to obtain another housing loan from HDB. I wonder whats the purpose of this restriction and if it is logical esp when these days BTO's takes a min of 3 years to complete.

Hi people, Recently. i was enquiring for my parents loan status and was told that there's a layoff period for a 2nd concessionary loan application (30 mths/2.5years), for new/resale, after transfer of flat ownership involving its essential occupiers. Scenario; Family nucleus; the applicant (single) and essential occupiers- parents -On jan 2007, I took over loan from my bro on present flat with my essential occupiers remains the same-my parent. -My essential occupiers and myself loan status with HDB verified as 1 time concessionary loan taken up. So which means do i hv to wait for 2007+2.5years= Jul 2009, to buy my next bigger BTO's or resale? Was largely confused bcos HDB officer said "YES" of such layoff period during my last visit whereas another branch officer said "NO" when i happened to b at my branch office today. Wkend sale hotline not avail. So i clear my doubts here.. hehe Hope there r some kindd n experienced souls here.. thanks in advance..

I m soo envious i m too.. Rem i strike "big" during that ballot exercise with a number of 550... haha Always like those Square layouts.. So congrats blurer23, hope u hv fun doing up ur home~!

thks for the info, always thought those OA amount under PROPERTY column r my serviced accumulated amt for my present flat MINUS my accured interest.. , now, it makes my mathematic easier for my next property. thanks again.. login in www.cpf.gov.sg>>my statement>>property>>My Public Housing Withdrawal Details

Rise rise rise.. affordability is the key word we shld look out for. Recent HDB policies means that they r trying all means to avoid selling their surplus flats at the low range again. A look at their recents BTO launches, we c how much is being define by premium and standard range. BTO's will be launch in a record high this year but how many wld there b by the next... ? Why wait if u can afford now...

I doubt there wld b any surplus flats cos demand is still at a healthy rate, for now. Well, at times i m trying to look at things from HDB perspective at their policy on "selling price pegged with resale"; if pte developer is selling e.g $1000psf, howcome "we" r selling it $200psf at a central matured estate?. Some may argue that they r PUBLIC housing developer but who ever thought where the $$ comes from when they retrench n re-employ their staff back during their last privatised exercise? So ur guess is as gd as mine, its another sad singapore version cycle ->> the consumers. Just look at our govt annual report for public transport n housing.. . So this recent launch of BTO at Punggol n Sengkang is an example of keeping the "privatised" public developer afloat. They gonna ride on it n project for the next down wave rite? Back to my own perspective, i still pondering to apply for a 5rm or not. Assume even i earn a gross of $4K i can loan a quantum of abt 400k.. but paying a monthly $1.6k is no joke. In which i doubt it wld b affordable for some of us if the next downturn comes...

True enough~! On paper it looks they hv come up with something to regulate the market. But on the other hand, they r telling the public esp 1st timers; take it or leave it, grinning away like pte property developer with atleast 70-80% take up rate, at of cos, a premium price.

Finally there is some BTO's on 5rms... .. and interestingly, notice that HDB somehow add on ceramic tillings even for the living rms now and that add on to their "premium" concept n upz the selling price.. wonder if theres any chances for the potential owner to say no n reduce the price as most hack it off like those "beautiful" ones they provide in the kitchen..