pongy 0 Report post Posted May 15, 2008 Hi pple, I have a couple of questions regarding HDB & Cpf rules and regulations.. hope someone can help to enlighten me.. 1) If we set the loan period (with HDB) to 30 yrs now, are we allow to change to 25yrs, 20yrs etc later on? and also if i change to 25yrs next time then can change back to 30yrs? How is the flexibility like? 2) As for the issue of mthly installment, are we able to have partical deductions from cpf (even if your cpf can fuuly paid for the installment) and the rest comes from cash? Or can we pay HDB thru cpf (completed deductions) and top up with cash to min the interest. How is the flexibility like? Hey sake-sushi, U staying at which block and unit? Can i go ur hse "ding dong" and see the unit? haha Share this post Link to post Share on other sites
The Guru 0 Report post Posted May 15, 2008 Hi pple, I have a couple of questions regarding HDB & Cpf rules and regulations.. hope someone can help to enlighten me.. 1) If we set the loan period (with HDB) to 30 yrs now, are we allow to change to 25yrs, 20yrs etc later on? and also if i change to 25yrs next time then can change back to 30yrs? How is the flexibility like? 2) As for the issue of mthly installment, are we able to have partical deductions from cpf (even if your cpf can fuuly paid for the installment) and the rest comes from cash? Or can we pay HDB thru cpf (completed deductions) and top up with cash to min the interest. How is the flexibility like? Hey sake-sushi, U staying at which block and unit? Can i go ur hse "ding dong" and see the unit? haha 1) if loan is set at 30 years, you can shorten the loan period eventually, but if you set it at 20 years now, you will not be able to extend then loan period to 30 years. So its recommended to go for full loan peiod first, then if CPF got access funds, then arrange for lump sum payment. (normally 5 - 10k) 2) think they will deduct everything from your CPF account, since its a HDB loan you are getting. At any time, if you have cash in hand, together with the access money in CPF Ordinary account, can arrange for payment to HDB and they will reduce the interest accordingly. I'm fed-up with the indians playing hide and seek, plus "paper ball" throwing at blk 91 void decks. they are not small children, grown up and still so childish... sometimes, when i walk home from the MSCP, saw one of them hiding sheepishly behind one pillar, like potential crooks... Anyone can advise, who should i effectively complain to? I rech home quite late, and the police post will be closed by then... Share this post Link to post Share on other sites
pongy 0 Report post Posted May 15, 2008 1) if loan is set at 30 years, you can shorten the loan period eventually, but if you set it at 20 years now, you will not be able to extend then loan period to 30 years. So its recommended to go for full loan peiod first, then if CPF got access funds, then arrange for lump sum payment. (normally 5 - 10k) 2) think they will deduct everything from your CPF account, since its a HDB loan you are getting. At any time, if you have cash in hand, together with the access money in CPF Ordinary account, can arrange for payment to HDB and they will reduce the interest accordingly. I'm fed-up with the indians playing hide and seek, plus "paper ball" throwing at blk 91 void decks. they are not small children, grown up and still so childish... sometimes, when i walk home from the MSCP, saw one of them hiding sheepishly behind one pillar, like potential crooks... Anyone can advise, who should i effectively complain to? I rech home quite late, and the police post will be closed by then... Hey, thanks for the information! Btw, these indians only play at blk 91, why? They are there until late at nite? Thats scary if a lady walks home late at nite alone... Share this post Link to post Share on other sites
TYM 0 Report post Posted May 15, 2008 I'm fed-up with the indians playing hide and seek, plus "paper ball" throwing at blk 91 void decks. they are not small children, grown up and still so childish... sometimes, when i walk home from the MSCP, saw one of them hiding sheepishly behind one pillar, like potential crooks... Anyone can advise, who should i effectively complain to? I rech home quite late, and the police post will be closed by then... Are they still playing? Did not see them recently after i made a complain to the TC. Below is the reply I got from TC. ++++ Thank you for your feedback dated 28/4/08. We have instructed our conservancy supervisior to check on the mentioned site and general notice will be put on the notice board to educate the people there. Any clarification, please contact me at DID 6411 9430. Thank you and have a nice day. Best Regards, Irene Goh Property Officer Tanjong Pagar Town Council DID : 6411 9430 Fax : 6272 0091 Email : irene@tptc.org.sg ++++ Hiding behind pillar? Acting sheepishly? They are fast becoming a nuisance, looks like got to make a trip to the police post. Share this post Link to post Share on other sites
HOME2BE 0 Report post Posted May 15, 2008 Hey, thanks for the information! Btw, these indians only play at blk 91, why? They are there until late at nite? Thats scary if a lady walks home late at nite alone... The guys play balla at Blk91, the gals dance at the blk91A. So ideally, blk91 is their best choice. Blk89 too many targets around. As for Blk90, you can see mainly the folks which is nearer to the playground with families + kids. Are they still playing? Did not see them recently after i made a complain to the TC. Below is the reply I got from TC. ++++ Thank you for your feedback dated 28/4/08. We have instructed our conservancy supervisior to check on the mentioned site and general notice will be put on the notice board to educate the people there. Any clarification, please contact me at DID 6411 9430. Thank you and have a nice day. Best Regards, Irene Goh Property Officer Tanjong Pagar Town Council DID : 6411 9430 Fax : 6272 0091 Email : irene@tptc.org.sg ++++ Hiding behind pillar? Acting sheepishly? They are fast becoming a nuisance, looks like got to make a trip to the police post. Why not we try THUM under our own block? Each bring down 1 stool + drinks. Blk91A also a good choice to gather. Share this post Link to post Share on other sites
countrylover 0 Report post Posted May 15, 2008 Are they still playing? Did not see them recently after i made a complain to the TC. Below is the reply I got from TC. ++++ Thank you for your feedback dated 28/4/08. We have instructed our conservancy supervisior to check on the mentioned site and general notice will be put on the notice board to educate the people there. Any clarification, please contact me at DID 6411 9430. Thank you and have a nice day. Best Regards, Irene Goh Property Officer Tanjong Pagar Town Council DID : 6411 9430 Fax : 6272 0091 Email : irene@tptc.org.sg ++++ Hiding behind pillar? Acting sheepishly? They are fast becoming a nuisance, looks like got to make a trip to the police post. Yeah, think they still around. I was at Blk 91 last Sat and saw the guys still creating a nuisance there. Share this post Link to post Share on other sites
TYM 0 Report post Posted May 15, 2008 Yeah, think they still around. I was at Blk 91 last Sat and saw the guys still creating a nuisance there. Tks, will follow up with the TC again. Pardon me but I really cannot stand them . Share this post Link to post Share on other sites
deepakvali 0 Report post Posted May 16, 2008 1) if loan is set at 30 years, you can shorten the loan period eventually, but if you set it at 20 years now, you will not be able to extend then loan period to 30 years. So its recommended to go for full loan peiod first, then if CPF got access funds, then arrange for lump sum payment. (normally 5 - 10k) 2) think they will deduct everything from your CPF account, since its a HDB loan you are getting. At any time, if you have cash in hand, together with the access money in CPF Ordinary account, can arrange for payment to HDB and they will reduce the interest accordingly. I'm fed-up with the indians playing hide and seek, plus "paper ball" throwing at blk 91 void decks. they are not small children, grown up and still so childish... sometimes, when i walk home from the MSCP, saw one of them hiding sheepishly behind one pillar, like potential crooks... Anyone can advise, who should i effectively complain to? I rech home quite late, and the police post will be closed by then... Call Queenstown NPP @ 1800 471 9999. Their response time is at least 20minutes Hey, thanks for the information! Btw, these indians only play at blk 91, why? They are there until late at nite? Thats scary if a lady walks home late at nite alone... cos blk 91 has more trees n plants Share this post Link to post Share on other sites
sohzai 0 Report post Posted May 16, 2008 Hi all! I am new here..uber new with my first post..hehe.. Anyway, just booked a unit 346 yesterday. Am very happy about it, though at the same time, worried that HDB does not approve the loan amount that we are requesting. Used the financial calculator from HDB website to calculate, loan eligibilty is about 330k but not sure how much they will approve. You guys have experience with this? Even with loaning 330k over 30 years, the figure we have to pay every month still requires us to top up cash on top of our cpf installments. No choice, we are still quite young, still have little cpf contributions to pay for installments. My main concern is that they would approve the loan on a much lesser figure when they see that our cpf can only provide 2/3 of the monthly installments. Anyone here who might have similar experience? -worried sick Share this post Link to post Share on other sites
zirhk3355 1 Report post Posted May 16, 2008 You need to take a loan of $330K?? You really got to manage your finances and be very confident that you will get more income (and stable income too!) before you commit to this, esp you need to pay cash too. Share this post Link to post Share on other sites
sohzai 0 Report post Posted May 16, 2008 You need to take a loan of $330K?? You really got to manage your finances and be very confident that you will get more income (and stable income too!) before you commit to this, esp you need to pay cash too. Hi Zirhk, Thanks for concern! I understand your viewpoint. Income should be fairly stable, targeted to be rising by abit after 2 years. Share this post Link to post Share on other sites
tckrto 0 Report post Posted May 16, 2008 sohzai, Both your wife and you working? Better work out properly, topping cash on top of cpf is bery dangerous. Another suggestions is put more downpayment (try borrow from parents) try not to top up cash, Meantime work hard get promotion, upgrade your skill. Share this post Link to post Share on other sites
sohzai 0 Report post Posted May 16, 2008 (edited) sohzai, Both your wife and you working? Better work out properly, topping cash on top of cpf is bery dangerous. Another suggestions is put more downpayment (try borrow from parents) try not to top up cash, Meantime work hard get promotion, upgrade your skill. Thanks guys for concern again Yupz..we are both working. Current calculated top-up figure is within 450. Yah..everyone hopes to get promotion. I am studying for my degree now, while my wife has got a stable job as a degree-holder. Hehe...naughty when I was in college...never study much.. Edited May 16, 2008 by sohzai Share this post Link to post Share on other sites
The Guru 0 Report post Posted May 16, 2008 (edited) I dont see any signs being put up by TC to "educate" them... Playing Risk board games and dancing is ok... as long they are not noisy and dont create nuisance... Playing hide and seek and Hamtam Bola is way too much... Edited May 16, 2008 by The Guru Share this post Link to post Share on other sites
TYM 0 Report post Posted May 16, 2008 Call Queenstown NPP @ 1800 471 9999. Their response time is at least 20minutes Just saved the number into my mobile Share this post Link to post Share on other sites
