1st-time HDB flat buyers may face stiffer rules: Mah
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Originally posted by Junyang700:
oh pls... poor? those chaps here are rich enough to at least afford a HDB flat. Many are staying with their parents because they cant even afford to buy a flat for themselves.
Your sentance is not making any sense at all -
Originally posted by elindra:
Your sentance is not making any sense at alldont you know many married couples cannot even afford to buy a HDB flat and are living with their parents?
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Appreciate your kind understanding. Your sentence said that they are rich enough to afford a flat
But they are staying with their parents because they can’t afford to buy one
So are they rich enough to afford a flat or not????
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So if they can’t afford to buy a flat, that goes back to what I said about what HDB is basically saying.
Too bad if you don’t have $ to buy the flat you want.
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Originally posted by mistyblue:
i was told that even the aircon ledge and the window ledge is consider "space"
Is this true?
Yes, if your standard 4 room flat has a built up area of 93sqm in its specs, that ledge takes up 3sqm.
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Originally posted by 4sg:
The selection process is based on your queue number (which they claimed is balloted).
So if you are (heng) first on the queue, you have the best of the 'a la carte'. You can have the best of the best choice.
But if your queue numbers is at the end or near the end, you will surely come across, not few, but almost all or the bulk of the flats that have odd shapes.Or the 2nd, 3rd, or 4 floor units with ahem views and ahem block positions. Its like you either take the crap that other people don't want, or face the penalties. So if you get a lousy queue number, you're faced with a rock or a very hard place.
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Originally posted by Junyang700:
dont you know many married couples cannot even afford to buy a HDB flat and are living with their parents?
Most of the married couples I know are unsuccessful at balloting a flat for the umpteen time, and do not have enough cash on hand to pay those super duper high COV for a resale unit, hence they live with their folks, but actively on the lookout to move out.
As for me, I was lucky enough to secure a choice unit after the umpteen time of balloting, using the fiance/fiancee scheme (who say you need to ROM first to apply a flat?). However now I need to wait dunno how many umpteen years for it to finish building, so although I secured a flat, I still risk losing it.
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Originally posted by ditzy:
Or the 2nd, 3rd, or 4 floor units with ahem views and ahem block positions. Its like you either take the crap that other people don't want, or face the penalties. So if you get a lousy queue number, you're faced with a rock or a very hard place.
It's not the elite's problem.
Really.
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Originally posted by elindra:
Seriously I think if he sees some of the flats that are being offered, it is so stupid and ridicules that you will reject it even when desperate.
So basically he is telling us that unless you have $ to buy from the open market or if you’re really lucky to get the unit you want, you just need to suck it up and blame yourself for being poor.
I can only thank my lucky stars that I’m not caught in this shitty situation
Don't thank your lucky star too quick. I was also thinking like you before.I never, ever need a hdb flat in outback sengkang, ponggol etc.
Until the bloody hdb SER caught me offguard.
You're forced to take the new flat because
1) hdb (always) compensates you way below market price,2) you sell your flat on the open market, hdb will considered you as consumed one subsidy and need you to pay certain (heavy) levy when apply for new hdb flat.
Don't think that selling on the open market, you always make huge $. If I sell on open market, I have to make sure it is 26% above hdb's compensation. Why? because this is the levy I have to pay the govt the next time I apply for a new hdb flat. Even if I sell below hdb's compensation, I will still be considered as consuming the subsidy - law is law.
During the deepest recession, I tried. Market forces can be unpredictable. Can't even get anywhere close the hdb's compensation price. You are forced to do lots of calculation in your head - fast and quick.SER are double whammy because
1) they give you only certain sites to choose. The current ballot system still slightly better than SER because you don't like any of the flats, withdraw and go for the next round.
2) you have to select from limited pool and even up to the date of selection, you don't know what is available for you.
And this warning to some who dismissed what I said. The govt is remaking the whole Singapore and more SER will be coming to the rest of the Singapore.
I never experienced so many red tapes, so many by-laws, penalties, legal clauses, govt restrictions in my life until this silly SER. -
@ditzy, @mistyblue
Yes, aircon ledge, bomb shelter. The bomb shelter already can bomb away your appetite. But they now adding something more - the utility ledge.
Basically. they have a power duct up the storeys so they partition the next side as utility space for you.
All these add up to the total space hdb sells you. You can have a new 4 rm flat that is 100 sqm but actually look smaller than a older hdb 86 sqm flat. -
Originally posted by ditzy:
Or the 2nd, 3rd, or 4 floor units with ahem views and ahem block positions. Its like you either take the crap that other people don't want, or face the penalties. So if you get a lousy queue number, you're faced with a rock or a very hard place.
Under the current system, if the queue number is last few, the person can forgets about turning up in hdb to select because he knows he is getting a raw deal.Under the current system, first time buyers are given HIGH priority over existing owners, and if these first time buyers are still selecting umpteen times, they deserve to be kicked out of the process.
That is what the TS's article is trying to say. -
HDB flats are affordable.
Why am I repeating this?
Because this is what the papers do every now and then.
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Dun understand abt e COV part... Where they going to stay aft selling at record prices?
Never mind..
But for new flats.. it's still a home
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Originally posted by sbst275:
Dun understand abt e COV part... Where they going to stay aft selling at record prices?
Never mind..
But for new flats.. it's still a home
JB.