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Been happening for some time but this is a very good case where both cannot meet minimum sum https://singaporeuncensored.com/couple-divorce-so-they-can-buy-another-hdb-flat-to-earn-rental/ COUPLE DIVORCE SO THEY CAN BUY ANOTHER HDB FLAT TO EARN RENTAL ByHello Its me September 8, 2022 Bumped into an ex-colleague (who is the same age as me) earlier and had an interesting brief catch up chat over coffee. He and his wife are now divorced. But except that there is nothing wrong with their marriage and they are still living together. The sole purpose of getting the divorce is to be able to buy ANOTHER HDB FLAT (under the singles scheme). So they collectively own two HDB flats as two single individuals. You see, he was a manager that had recently been displaced by cheaper foreign labour. As all of us know, at our age, there is a real challenge in getting a job that would pay him a decent salary. Yes, there are lots of employers that wants to hire him. He is, afterall, a qualified professional with a wealth of 30 years’ experience behind him. However, these greedy employers are just not willing to pay him his worth and wants to exploit his skills and experience for a mean salary. He refused to prostitute his skills for a low salary. He end up driving a cab that (ironically) pays him more than any of the offers that he had received. He won’t be getting any of his CPF money next year because he won’t be able to meet his minimum sum. All his past CPF contributions (more than $800K) had already gone into his 5rm HDB flat that they are staying in now. His wife has some CPF left but she (too) won’t be able to get a single cent out in a few years’ time because she (too) won’t be able to meet the minimum sum as well. So they planned, got a divorce and bought a second HDB flat just before they could lock away her CPF as the minimum sum in her CPF. They then moved into the new flat and rented their older flat out legally because he had already and duly met the “Minimum Occupation Period” required for the legal renting out for that flat. And this rental income will serve an additional passive retirement income. When I asked if he would be flouting any HDB regulations by doing that, he replied, 1) They are legally divorced and they are both legally SINGLE now. 2) He can retain the existing 5rm flat under the singles scheme and his wife is eligible to buy another flat under the singles scheme. 3) There is no law in this land that prohibit two single persons (divorced or not) from living together as a couple regardless if they were previously married or not. 4) At his age, being legally married is just a marital status. It doesn’t stop them living together as man and wife. They both had made their wills. 5) Instead of having the money stuck as a minimum sum in their CPF, they might as well utilise whatever that they can get out of their CPF so as to get an alternative passive income since:- – – a) they won’t be able to get any of their CPF money anyway – – b) even when they do get their CPF monthly payouts after the age of 65 yrs old (which is still a long way to go), the amounts will be so miserable that they would hardly be able to do anything decent with it anyway… – – c) so…. they might as well get a second HDB flat with whatever money that they can siphoned out from their CPF (before the money is being locked away instead under the minimum sum)…. rent it out and (at least), the monthly rental income of $2,500 can help them live a more dignified retirement IMMEDIATELY (right away) rather than waiting till they reach 65 yrs old for that miserable delayed CPF payout that is so insignificant…. Thinking aloud now…. could this be the new norm of retirement in Singapore that Singaporeans will be planning for? Wouldn’t it be so sad that we have to come to this, in order that we can respond to how our hard-earned CPF money is being wilfully and forcefully withheld from us…

At https://www.asiaone.com/lifestyle/050-hour-car-rental-now-available-singapore-supper-run-anyone😁

In the face of rising COE premiums and shifting perceptions of car ownership, we take a look at BMW Flow to understand the allure of leasing. Spurred both by a hunger for more flexibility, and the rise of on-demand mobility options, the idea of locking oneself down over a decade with a single car is likely to make one think twice nowadays. In Singapore specifically, an added dimension of complexity comes into play due to the taxes. This is especially pronounced now that the COE quota is at a low point. Nonetheless, the desire - or even need - to have private access to a set of wheels doesn't just disappear as a result. Enter: Car leasing, an alternative option which is now increasingly alluring and accessible. The leasing process actually doesn't deviate too much from the normal car buying process. You're still presented with a wide range of models to choose from - even brand-new ones! - but only need to put down a far smaller sum of money at the outset. We take a look at BMW Flow to understand the five reasons why leasing may be the more appealing route for some of us today! 1) Low upfront and ongoing costs With the BMW Flow leasing program, a $15,000 down payment is all that is required at the start. It's a far more palatable sum to swallow compared to what is normally required (30 per cent down payment) to get behind the wheels of our dream cars. Thereafter, customers get to enjoy far shorter lock-in periods as well while paying a (dependably) fixed amount for the lease every month. With COE premiums in Category B and E recently crossing the $100,000 line, this alternative is all the more attractive for those looking for larger, or just slightly more powerful, cars. The option of leasing provides more fluidity to the way you plan your finances, since leasing payments are made on a monthly basis. As they say, cash is king. Breaking down the expense of driving into smaller payments does have invaluable upshots, as opposed to frontloading with a mega-sum. Yet another headache-inducing part of car ownership is the ever-lingering concern about what else happens (or might happen) to your wallet once you've coughed up the money required for the down payment. For one, there are the additional considerations of road tax and insurance. And what about potential repairs - as well as servicing fees? Over time, these smaller (not small, we note) expenses can slowly add up to quite a sizeable sum. Thankfully, these are worries that the leasing route can help to quash. 2) Peace of mind With regular maintenance taken care of by the dealer, a driver can rest easy in the knowledge that the amount paid for the lease in the first month will remain the same as what he or she pays six months later, for instance. Apart from managing the health of your car, the fees you're presented with up front through BMW Flow also include road tax and car insurance, saving you from having to fret over these extra costs on your own. Of course, petrol is always going to be ours to bear, but hey - the elimination of those other financial bits does put one's mind more at rest, doesn't it? Customers who sign up for a new lease under BMW Flow now can even look forward to complimentary fuel vouchers! Sweet. 3) Short-term commitment with more flexibility What happens when you just want to drive for two to three years? Or perhaps even less than that - for just a year-and-a-half at most? Approaching this from a car-buying mindset could be frustrating, especially for anyone looking to drive something that's spanking new. The down payment is one part of the equation; having to service a loan over an extended period stretching across not just months, but potentially years, is the other. Exploring the option of leasing, however, may very well land you with a commitment period that specifically suits your needs. If two years is all the time that you foresee yourself needing a car for at the current moment (maybe to ride the wave of the COE cycle out too?), that's most certainly a duration that you can opt for when leasing a vehicle. In the case of BMW Flow, periods of 18, 24 or 36 months can be opted for by customers. That brings us on to another part of the car ownership journey that you won't have to grapple with as well... 4) No resale worries It probably isn't an exaggeration to claim that Singapore's car market has been hotter than its weather in recent months. Even second-hand cars haven't been left unscathed, depreciation-wise. As such, potential car buyers today have been caught in a bind of sorts - what if one still wants a means of private transport, yet winces at the thought of having to sell their car at a steeper than necessary loss a few years down the road? There's also the inconvenience of running around and haggling for the best price to think about. None of this has to weigh on your mind when you lease a car. With BMW Flow, you can simply hand the car back to your agent once the period you've selected ends. On the other hand, however, there are other options available to you as well if plans change along the way... 5) More choices, on multiple levels Above all, the appeal of leasing lies in giving the individual freedom of choice - and on multiple levels too. It's absolutely valid to not want to drive the same car over an extended period. This could be driven either by curiosity to experience life behind the wheel of different models, or by necessity too, when moving through the phases of life thrusts different lifestyle requirements upon us. For instance, you could be perfectly content with a compact four-door coupe at one point in your early 30s. A couple of years later, however, you've gotten married and had kids, and thus require a bigger car to haul everyone (and everything) around. Switching things up every now and then requires far less effort when you lease a car. The freedom to choose what you want to do next also applies in other aspects. Maybe you've decided that you simply don't need a car anymore. Or maybe, after two years with a car, you've grown fond of it instead of feeling like you need something new. BMW Flow's triple Lease Completion Options grant you such power to decide. When your leasing period comes to an end, 'Restart' allows you to hop to another vehicle, while 'Renew' allows you to enter a new leasing period with the same car. On the other hand, 'Retain' allows you to buy over whatever you're driving at any point during the lease term if you've fallen in love with the car - and at a predetermined value too. Worry-free, widened accessibility to the cars we love Against the costs that one typically has to incur to drive a premium model, the benefits offered by leasing programs like BMW Flow now promise us far easier access. Specifically, cars that customers can look forward to driving under the program include: The BMW 1 Series The BMW 2 Series Gran Coupé The BMW 2 Series Gran Tourer The BMW 3 Series The BMW 4 Series Gran Coupé The BMW X3 If the option of leasing a set of wheels has never once floated across your mind, the confluence of push factors now is good reason to start seriously considering it. BMW Flow, in particular, opens you up to Bavaria's world of dynamic and premium machines, bringing you closer to your dream car while promising fresh flexibility and the freedom of choice.

What’s happening to our values? Show off by renting? See the sentence “be the envy....” https://cnalifestyle.channelnewsasia.com/style/rent-rolex-tudor-cartier-omega-iwc-month-subscription-watch-club-10804896?cid=fbcna We reckon that you’re already an active participant in the sharing economy: You take a GrabShare to work, ride an ofo bike on the weekends and rent an Airbnb when you go on holiday. It seems like you can lease or share practically anything these days – even a Rolex watch. That’s right. Over the past 18 months, two subscription watch clubs – Acquired Time and TenTwo – have been offering watch rental services to horological enthusiasts, with a third, Specter One, set to launch this month. For as little as S$6 a day, you could be sporting a Rolex Submariner on your wrist, to the envy of your coworkers and chums. At least for an entire month, until it comes time to swap out your Sub for a Cartier Santos. READ: The James Bond watch turns 25 this year, with an exhibition at ION Orchard This week, TenTwo will also launch a special rental collection comprising four Singapore micro-brands: Arcturus, BOLDR, Reverie and Vilhelm. All are startups founded by Singaporeans who are passionate about horology, and are known as micro-brands because they typically produce less than 500 timepieces per year.

Late morning, i was on a Teams meeting, W'ingFH. My doorbell bo battery, and there was knocking on the door. My father went to open the door, and a conversation started. My father is 86 btw, although still very healthy and fit, could sometimes be 'defensive' -- when got strangers come knocking. 😀 After a minute or two, i told my colleague i need to attend to something first, and ended the call, then went to the door. Got 3 persons standing there, and my father then let me take over. The 3 officers identified themselves as from MOM, and said they were checking on whether we rent or had rented out our house/room to Foreign Workers before. I said no, and they said they're checking cos there is one FW who registered his residential address using our address! Now that's a shock... The officer then explained that if it's not true, then the registration is wrong (i can't remember if he used 'illegal'), and suggested that I go online to check and if need be, to block my address from being used for this purpose. Then another officer took out her handphone to show me the website where this can be done. They then asked me for my name and contact number just in case MOM needs to check anything with me, and left. I was a little shocked, and when i told my parents, they of course started more comments, more shocked, etc. etc. 😂 I then went online -- as advised -- to check, and to my surprise, saw not one, but four, FWs registered to my address!!! The webpage advised to email a complain to MOM if anything is inaccurate, and i did that. Then i removed the 4 names and proceeded to update the record. Not sure whether there's any implication on my address being used, but thought it's useful to share this here. Have never heard of this before... You might want to check whether your address is also being used, and even if not, you can check the "block" option in the webpage so that nobody can use your address even if they want to. The website -- need SingPass to login -- to check is Foreign Worker Tenant Enquiry Service (FWTES)

Hey all, I am doing a survey to understand more about the local luxury car rental market, and will appreciate your help with the poll above and comments. Will you rent a Porsche 911 (Type 997) or an Audi R8 (V8) for the above prices? Thanks in advance! Here are some photos of the respective cars: Audi R8 (picture below shoule be a V10 model but the V8 model is similar looking): Porsche 911:

obigood!

Any bro know where can I rent a self-drive van or pickup for house moving? Very few items only, no need movers. Thanks

Anyone want to rent a food stall in the west area or know who wanted to rent? My mum is old and cannot work anymore so looking to rent out.

Hi.., usually when you rent car, when pick-up the car, what compulsory checklist must have?

have been looking around for a long long time...but i just cant seem to be able to find car rental company that rent out Wrx.... ..went to yahoo auction but all rex are rent out by owners which only allow Sg driving...any idea where i can rent 1?

I wonder what are the profiles who would rent in areas like Pasir Ris? It's awfully far from other parts of Singapore? Where do they work? What do they do and why would they rent there?

I have a condo that I just collected the keys and I also have a fully paid HDB. I always wanted to keep the HDB but my Wife wants to move to the condo and rent out the HDB. We are both working. A Property Agent once told me it’s better to sell the HDB as I can unlock more investment potential and choices with the sales proceeds. Further there is accrued interest on the HDB that might turn my sales into a negative sales in the Long run. Need some expert advices. Keep or sell?

Our Full Service Lease Takes Care of Your Fleet Regular replacements of tyres and batteries Full vehicle maintenance and mechanical repair Replacement vehicle Comprehensive vehicle insurance Complementary personal accident insurance 24/7 Customer Care Drive to Malaysia whenever you feel like it GET A QUOTE! Send us your enquiries and we are glad to assist you.

I only need a car to travel to and fro from work (I live in Tampines & my workplace is at Benoi). My work is on a 2 years contract tho... And sometimes, I also go out at night for supper. In this case, is it more worth it to rent a car, or buy?

is that you @Radx??

Icarsclub is down for few months now. No renters from them at all even cny peak period. Pretty disappointed as a member. Where else can I post to rent my car(mpv) out for the cny period? Tks.

Need a 1-2 month rental car, but cheap. Any lobang ? Thanks in advance.

Any bros here can recommend a rental company that has the above MPVs and is open on Saturdays? Just need the vehicle for 2 days due to a wedding event.

I am looking for a BMW 7 series or Mercs S class. Anyone know where can rent?

Hi Bros and sisters, Will be bringing my family and friends to the Gold Coast in Queensland at the end of the year, 8 of us in total for 4 nights. I need advice from those of you who have been there recently, is it more convenient for me to rent an 8 seater vehicle or can we get by on public transport? We intend to visit all the worlds, Dreamworld, seaworld and movieworld. Any advice you can give would be much appreciated. Also, which company should I rent from if need to. thanks and best regards.

hi all, i wanted to rent a car. no renew coe car 1.4 to 1.6 any brand call me 'ken chian 98298577

Some frens has suggested to sell and cash out the earning from the 09 /10 units that were purchase. The quantum gain is 300 to 900 K Then stay with parent / rent and look for distress sales My thoughts is can sell, but the TDSR is preventing from buying again based on the loan limit and the age as well as the interest rate. And like some who missed out on the earlier period, the rental of 2.5K to 3.5K for 2 years could have being made for better use to service the loan with the assumsion that the property may appreciate further For me, if I were to sell, I would most likely drop back to HDB and have a nice nest egg for early retirement ... But as the rule is , if you have private, you cannot buy HDB and the gains tax is a killer if you have sold in years before 2000.

Hi Anyone knows any website in Singapore for renting PS3 games? Basically I intend to rent games to play & see if I like or not, rather than buy and then dun like...

Friend looking for a white VW beetle for his wedding on Nov 6th 2016. Please pm me!