Singapore Property Scene Discussion

[Stary]

On 4/11/2023 at 2:51 PM, 13177 said:

Car choot chia i never take 1 day ever, dont find the need. Take half day will do or usually would go after work to collect car lo. I dont know why i find choot chia not as important as collect key for home. Collect key for home, i would take 1 day. 😂

I don't even remember what I did for all the times I collected cars over the decades. I think probably after collecting, just go home sleep.....😴

[therock]

If he plans it’s early I will definitely help and even give him an ang pao..

last minute requests are much harder to entertain 

I agree it’s a big event

sadly I’ve never bought anything new.. all resale 😢 

 

[Hoseyboh]

On 4/11/2023 at 2:51 PM, 13177 said:

Car choot chia i never take 1 day ever, dont find the need. Take half day will do or usually would go after work to collect car lo. I dont know why i find choot chia not as important as collect key for home. Collect key for home, i would take 1 day. 😂

You neber collected house key jit tow go new house open door and roll " ong Lai" ah.....

[therock]

Anyone here looking at The Reserve Residences? 

[13177]

On 4/11/2023 at 4:02 PM, therock said:

If he plans it’s early I will definitely help and even give him an ang pao..

last minute requests are much harder to entertain 

I agree it’s a big event

sadly I’ve never bought anything new.. all resale 😢 

 

Even bought resale also need to go collection keys right?

[13177]

On 4/11/2023 at 4:43 PM, Hoseyboh said:

You neber collected house key jit tow go new house open door and roll " ong Lai" ah.....

After collected key liao and straight go new house to roll ong lai liao.

[therock]

On 4/12/2023 at 9:55 AM, 13177 said:

Even bought resale also need to go collection keys right?

My agent gave me my keys... and that was it... lol

[Invigorated]

On 4/11/2023 at 11:38 AM, therock said:

Anyway an update 

the staff changed the collection date 

so I guess it’s possible 

👍

Though it's possible, it's disadvantageous to the couple. MOP is calculated from day of key collection so the later it's collected, the later the owner can sell if he or she is ever in need. 

It's probably a sacrifice your staff is making and I'm not sure if he or she is aware. Personally I wouldn't do it last minute of course, but even then, if time permits, I would not change the date.

There are many things that may complicate this.. touch wood, mishap to spouse, insurance from that etc.

[therock]

On 4/12/2023 at 10:10 AM, Invigorated said:

Though it's possible, it's disadvantageous to the couple. MOP is calculated from day of key collection so the later it's collected, the later the owner can sell if he or she is ever in need. 

It's probably a sacrifice your staff is making and I'm not sure if he or she is aware. Personally I wouldn't do it last minute of course, but even then, if time permits, I would not change the date.

There are many things that may complicate this.. touch wood, mishap to spouse, insurance from that etc.

IMO, the lack of planning is the cause.. you don't get the letter at the last minute - but I am happy to be corrected..

A few days in the life of a HDB flat won't make a whole lot of difference... but in any case, he actually brought it forward to his leave day that was previously arranged

So what he did originally, was try to get last minute leave on a different date, which is very complicated and has many consequences.. 

[13177]

On 4/12/2023 at 10:05 AM, therock said:

My agent gave me my keys... and that was it... lol

Must be private. Think for HDB, must go HDB for collection keys even for resale.

[Mkl22]

On 4/12/2023 at 10:12 AM, therock said:

IMO, the lack of planning is the cause.. you don't get the letter at the last minute - but I am happy to be corrected..

A few days in the life of a HDB flat won't make a whole lot of difference... but in any case, he actually brought it forward to his leave day that was previously arranged

So what he did originally, was try to get last minute leave on a different date, which is very complicated and has many consequences.. 

maybe its time he gets a warning letter to wake up.....

[Windwaver]

Maybe another big surge after 15 months?

Better buy before 15 months is up 

 

https://www.straitstimes.com/singapore/politics/s-pore-will-update-housing-planning-strategies-to-reflect-current-concerns-desmond-lee

Singapore will update housing, planning strategies to reflect current concerns: Desmond Lee

SINGAPORE – Singapore will update its housing and planning strategies to reflect the concerns and aspirations of the times, and translate these into detailed plans in the upcoming master plan, said National Development Minister Desmond Lee.

The Master Plan Review will be conducted over the next two to three years and culminate in land use and development plans for the next 10 to 15 years. It is more detailed than the Long-Term Plan, which charts Singapore’s development over the next 50 years.

Setting out his ministry’s plans on Tuesday following the President’s Address, Mr Lee noted that eight in 10 Singaporean households live in Housing Board flats today.

He said the country’s public housing programmes and policies have to be continually updated as the city develops, societal norms evolve and the population ages – nearly one in four Singaporeans will be 65 years or older by 2030.

There are also more singles and caregivers, as well as more young Singaporeans aspiring to live independently, said Mr Lee.

HDB flats and estates are ageing as well, while many non-mature estates have also become more developed over time, he added.

“We will refresh our social compact on housing so that housing continues to be affordable and accessible, and our estates remain inclusive, cohesive and sustainable,” said Mr Lee.

He outlined the broad priorities for his ministry, including supporting families who are buying their first home, keeping new HDB flats in prime areas inclusive, and pairing housing with proactive social support for lower-income families.

HDB will continue to upgrade existing estates and provide a range of housing options and stronger support for singles, seniors and people with disabilities, he added.

From August, first-timer families with Singaporean children aged up to 18, as well as married couples aged 40 and below, will get more support under a new priority category when applying for a Build-To-Order (BTO) flat. More new flats will be set aside for this group of applicants, who will also get an additional ballot chance.

Mr Lee said HDB will continue to launch flats under the Prime Location Public Housing (PLH) model, which comes with stricter buying and selling conditions such as a 10-year minimum occupancy period and a subsidy clawback clause.

“Ultimately, our new social compact on housing represents a consensus among Singaporeans on our priorities as a nation and how we should allocate finite land and limited resources to meet growing aspirations,” he said. Enough land and resources must be also set aside for future generations, he added.

Big moves in the pipeline include the transformation of the Greater Southern Waterfront, starting with the Keppel golf course site, where homes will be built, and the relocation of Paya Lebar Airbase in the 2030s to make way for a new town.

Mr Lee said his ministry will plan for a range of possibilities as far ahead as possible, and introduce greater flexibility in Singapore’s land use plans to respond nimbly to crises and challenges.

“By carefully pacing out development plans, we can also better respond to changes in land use needs,” he said.

Turning to delays in housing projects after the Covid-19 pandemic severely disrupted the construction industry, Mr Lee said the sector has made good progress to get back on track.

Close to 100,000 private and public homes are expected to be completed between 2023 and 2025, he said. Of these, almost 40,000 are expected to be ready in 2023 – the highest figure in the past five years.

“We will continue to maintain a steady pipeline to meet housing demand and adjust our policies as necessary to keep the property market stable and sustainable,” said Mr Lee.

[therock]

This may be long after our lifetimes but if the entire nation ages, prices will drop unless we get kicked to JB and get replaced by young new citizens..

[Volvobrick]

On 4/12/2023 at 11:26 AM, therock said:

This may be long after our lifetimes but if the entire nation ages, prices will drop unless we get kicked to JB and get replaced by young new citizens..

You are ministerial material! 

[Mkl22]

On 4/12/2023 at 11:26 AM, therock said:

This may be long after our lifetimes but if the entire nation ages, prices will drop unless we get kicked to JB and get replaced by young new citizens..

10M coming.... sure to go up.

[Throttle2]

On 4/12/2023 at 11:21 AM, Windwaver said:

Maybe another big surge after 15 months?

Better buy before 15 months is up 

 

https://www.straitstimes.com/singapore/politics/s-pore-will-update-housing-planning-strategies-to-reflect-current-concerns-desmond-lee

Singapore will update housing, planning strategies to reflect current concerns: Desmond Lee

SINGAPORE – Singapore will update its housing and planning strategies to reflect the concerns and aspirations of the times, and translate these into detailed plans in the upcoming master plan, said National Development Minister Desmond Lee.

The Master Plan Review will be conducted over the next two to three years and culminate in land use and development plans for the next 10 to 15 years. It is more detailed than the Long-Term Plan, which charts Singapore’s development over the next 50 years.

Setting out his ministry’s plans on Tuesday following the President’s Address, Mr Lee noted that eight in 10 Singaporean households live in Housing Board flats today.

He said the country’s public housing programmes and policies have to be continually updated as the city develops, societal norms evolve and the population ages – nearly one in four Singaporeans will be 65 years or older by 2030.

There are also more singles and caregivers, as well as more young Singaporeans aspiring to live independently, said Mr Lee.

HDB flats and estates are ageing as well, while many non-mature estates have also become more developed over time, he added.

“We will refresh our social compact on housing so that housing continues to be affordable and accessible, and our estates remain inclusive, cohesive and sustainable,” said Mr Lee.

He outlined the broad priorities for his ministry, including supporting families who are buying their first home, keeping new HDB flats in prime areas inclusive, and pairing housing with proactive social support for lower-income families.

HDB will continue to upgrade existing estates and provide a range of housing options and stronger support for singles, seniors and people with disabilities, he added.

From August, first-timer families with Singaporean children aged up to 18, as well as married couples aged 40 and below, will get more support under a new priority category when applying for a Build-To-Order (BTO) flat. More new flats will be set aside for this group of applicants, who will also get an additional ballot chance.

Mr Lee said HDB will continue to launch flats under the Prime Location Public Housing (PLH) model, which comes with stricter buying and selling conditions such as a 10-year minimum occupancy period and a subsidy clawback clause.

“Ultimately, our new social compact on housing represents a consensus among Singaporeans on our priorities as a nation and how we should allocate finite land and limited resources to meet growing aspirations,” he said. Enough land and resources must be also set aside for future generations, he added.

Big moves in the pipeline include the transformation of the Greater Southern Waterfront, starting with the Keppel golf course site, where homes will be built, and the relocation of Paya Lebar Airbase in the 2030s to make way for a new town.

Mr Lee said his ministry will plan for a range of possibilities as far ahead as possible, and introduce greater flexibility in Singapore’s land use plans to respond nimbly to crises and challenges.

“By carefully pacing out development plans, we can also better respond to changes in land use needs,” he said.

Turning to delays in housing projects after the Covid-19 pandemic severely disrupted the construction industry, Mr Lee said the sector has made good progress to get back on track.

Close to 100,000 private and public homes are expected to be completed between 2023 and 2025, he said. Of these, almost 40,000 are expected to be ready in 2023 – the highest figure in the past five years.

“We will continue to maintain a steady pipeline to meet housing demand and adjust our policies as necessary to keep the property market stable and sustainable,” said Mr Lee.

 

just dont f**king mess it up more than it already is messed up.

the moment they put in the first cooling measure , they already f**ked up.

stupid idiots

[Theoldjaffa]

On 4/4/2023 at 5:00 PM, Wt_know said:

spore property only has 1 way to go … UP !!!

simi SVB collapse

simi Credit Suisse collapse

simi fed raise interest rates 5%-7%-10%

sup sup water … no sweat …

we got liang teh … huat ah!  

 

 

huat ah!

Can’t see anything he write on his iPad.. so that action is abit geh gan.

doesn’t increase the stablebility of my understanding 😂

[Wt_know]

On 4/12/2023 at 12:56 PM, Theoldjaffa said:

Can’t see anything he write on his iPad.. so that action is abit geh gan.

doesn’t increase the stablebility of my understanding 😂

basically, what he said due to CM (liang teh) … all the property buyers their financial is sibei ROCK SOLID one

if you want to wait for property crash or firesale … tan ku ku

plus all the richie rich come to buy spore property because spore property sibei preserve value 

hence, there is only 1 way up to go

if you dont buy now … means you cant buy in the future too expecting lower … mai siao

huah ah!

Edited April 12, 2023 by Wt_know