Latka 1st Gear July 13, 2011 Share July 13, 2011 Yahoo News S$120000 penalty for buyer who cancelled wedding A home buyer who acquired a flat under the HDB's design, build and sell scheme (DBSS) with her fianc ↡ Advertisement Link to post Share on other sites More sharing options...
Latka 1st Gear July 13, 2011 Author Share July 13, 2011 Very expensive break up. Link to post Share on other sites More sharing options...
Sk65 1st Gear July 13, 2011 Share July 13, 2011 but to be fair, they knew the penalty lo.. if dun like the terms can always dun sign initially Link to post Share on other sites More sharing options...
Icedbs Turbocharged July 13, 2011 Share July 13, 2011 Funny thing about DBSS is that when it comes to eligibility and MOP terms, they follow HDB. But when comes to penalty, they follow private developer terms. Can consistent or not? Link to post Share on other sites More sharing options...
Latka 1st Gear July 13, 2011 Author Share July 13, 2011 Funny thing about DBSS is that when it comes to eligibility and MOP terms, they follow HDB. But when comes to penalty, they follow private developer terms. Can consistent or not? Shh, KBW keep quiet oready after he realized his boo boo on his blog. Link to post Share on other sites More sharing options...
Latka 1st Gear July 13, 2011 Author Share July 13, 2011 See if HDB allow them to sell to another party, but of course not for a profit. Can re-coup hard earned money enuff. Link to post Share on other sites More sharing options...
Darthrevan Supercharged July 13, 2011 Share July 13, 2011 See if HDB allow them to sell to another party, but of course not for a profit. Can re-coup hard earned money enuff. if this precedent is allow..then everyone else can also suka suka breakup for any reason not to get the allotted flat Link to post Share on other sites More sharing options...
Jman888 Moderator July 13, 2011 Share July 13, 2011 but to be fair, they knew the penalty lo.. if dun like the terms can always dun sign initially but they never expect the relationship to fragile -_- Link to post Share on other sites More sharing options...
Megaweb Clutched July 13, 2011 Share July 13, 2011 no flat and yet to pay up $120k penalty ... this is a real expensive BREAKUP ! Link to post Share on other sites More sharing options...
Jman888 Moderator July 13, 2011 Share July 13, 2011 Funny thing about DBSS is that when it comes to eligibility and MOP terms, they follow HDB. But when comes to penalty, they follow private developer terms. Can consistent or not? private where got penalty? Link to post Share on other sites More sharing options...
Pltang Clutched July 13, 2011 Share July 13, 2011 she's paying the fine.. the guy? Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear July 13, 2011 Share July 13, 2011 the guy is the developer's son? revenge is sweet! Link to post Share on other sites More sharing options...
Mockngbrd Supersonic July 13, 2011 Share July 13, 2011 (edited) DBSS IS NOt HDFB! where it say guy is developer son? Maybe she foot most of it cost their 20% DP mostly from her? Edited July 13, 2011 by Mockngbrd Link to post Share on other sites More sharing options...
Acemundo Supercharged July 13, 2011 Share July 13, 2011 but they never expect the relationship to fragile -_- thats hte whole problem with our housing and cpf system. to get hdb flat, couples have to be married. to pay for private property using cpf, couples have to be married. this makes a lot of couples rush into marriage, because in land scarce singapore, hte longer you take to secure your home, the more costly it is. yet, marriage are fragile in modern day context and many couples go into the marriage for house arrangement without even slightest belief they would break up and considering the ramifications of break up. Link to post Share on other sites More sharing options...
Ender Hypersonic July 13, 2011 Share July 13, 2011 she's paying the fine.. the guy? Could be those type of guy without any savings. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic July 13, 2011 Share July 13, 2011 muz be the guy vely confident type, date high flyer girl Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 13, 2011 Share July 13, 2011 Actually it's happened to some other pple in Boon Keng DBSS. My friend also. However, he managed to marry someone else within the 2 yrs n they took over the flat Link to post Share on other sites More sharing options...
Acemundo Supercharged July 13, 2011 Share July 13, 2011 Actually it's happened to some other pple in Boon Keng DBSS. My friend also. However, he managed to marry someone else within the 2 yrs n they took over the flat wah he is lucky and he get hitched fast! ↡ Advertisement Link to post Share on other sites More sharing options...
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