New property cooling measure!

[Thaiyotakamli]

New property cooling measure, restriction on exec condo size, higher LTV which mean buyer now need to fork out min 25% instead of 10%

 

Huat ah!!!!! Lets see people still go showflat or not

 

Source from strait times

[Myxilplix]

Anywhere to see full list? ST online only got part of article (i never subscribe), CNA just basic info, MAS and HDB website nothing.

[Mustank]

http://www.channelnewsasia.com/stories/sin...1247359/1/.html

[Mustank]

http://www.straitstimes.com/sites/straitst...nalMeasures.pdf

[Myxilplix]

Swee thanks.

 

So are these measures going to cool anything?

[TVT]

All these changes should have been done long time ago!

 

Fro example:

 

Permanent residents who own a HDB flat will also not be allowed to sublet their entire flat.

 

Permanent residents who own a HDB flat must sell their flat within six months of purchasing a private residential property in Singapore.

[Ah_Zai]

PR who own a HDB flat will also not allowed to sublet their entire flat.

 

FINALLY !

 

but that doesn't circumvent the lock one room trick ;)

 

but how does HDB enforce???

[Wind30]

PR who own a HDB flat will also not allowed to sublet their entire flat.

 

FINALLY !

 

but that doesn't circumvent the lock one room trick ;)

 

but how does HDB enforce???

 

lock one room trick is actually illegal and HDB can repossess the flat.

 

So how does HDB enforce, all singaporeans help out lah. Report them to HDB lor. see they dare or not.

[Ahbao999]

PR who own a HDB flat will also not allowed to sublet their entire flat.

 

FINALLY !

 

but that doesn't circumvent the lock one room trick ;)

 

but how does HDB enforce???

 

you can call HDB and inform them to check ...

[Dankoo]

Govt reacting very fast to the recent grouse on ECs:

 

The maximum strata floor area of new EC units will be capped at 160 square metres.

[Mustank]

All these changes should have been done long time ago!

 

Fro example:

 

Permanent residents who own a HDB flat will also not be allowed to sublet their entire flat.

 

Permanent residents who own a HDB flat must sell their flat within six months of purchasing a private residential property in Singapore.

 

See! Uncle Khaw very good! Decisive action! support Uncle Khaw!!!! [bounce1]

[Mustank]

Govt reacting very fast to the recent grouse on ECs:

 

The maximum strata floor area of new EC units will be capped at 160 square metres.

 

Should what! So rich buy pte lah! Why compete with true middle income

[Mustank]

you can call HDB and inform them to check ...

 

You should change your userid to baotoh999 [laugh]

[Thaiyotakamli]

Swee thanks.

 

So are these measures going to cool anything?

At least people will be discouraged from getting 2nd house, which will make less demand of property. People who love 10% cash dp in investing property will be discouraged

[Mustank]

Swee thanks.

 

So are these measures going to cool anything?

 

See comments from pte property high hands

 

http://forums.condosingapore.com/showthread.php?t=16429

[Vid]

Govt reacting very fast to the recent grouse on ECs:

 

The maximum strata floor area of new EC units will be capped at 160 square metres.

 

Those with rich parents can now go and buy sentosa cove instead

[Vid]

See! Uncle Khaw very good! Decisive action! support Uncle Khaw!!!! [bounce1]

 

I sarpork him! PR should not be allowed to profit from HDB flat in the 1st place.

[Jman888]

so rich papa can pay for children or not ??