Properties info

[13177]

On 5/2/2024 at 2:50 PM, inlinesix said:

I am interested to know what is a sane price?

https://www.hdb.gov.sg/about-us/news-and-publications/press-releases/HDB-Launches-5714-Flats-in-Feb-2024-BTO-and-SBF-Exercises

 

Prime location is sane price. Resale price also same.

[lukeber]

[lukeber]

[Throttle2]

On 5/2/2024 at 12:48 PM, 13177 said:

How to buy a house in SG as the price is getting crazily ex. If i am the younger gen and have the capability, i would move to elsewhere than stay in sg. Since even born and breed in sg also feel like 2nd or 3rd or even 4th class citizen, might as well go to other countries to be their FTs.

Thats exactly what is killing Singaporeans.  Kicking the can down the road aint helping.   It just hits the later gen…

thats why i keep saying Good luck Singapore Good luck

[Throttle2]

Why do we need so many homes? 
becos the population is definitely going to be pushed up, whether naturally or with foreigners. 
my guess is definitely the latter
 

Edited May 5, 2024 by Throttle2

[macrosszero]

Though they deny it, 10 million is very likely a (planning) target.

[Volvobrick]

On 5/5/2024 at 4:19 PM, macrosszero said:

Though they deny it, 10 million is very likely a (planning) target.

Target means target lah! Maybe can reach in my lifetime. Just add 150k a year.

[inlinesix]

On 5/5/2024 at 4:19 PM, macrosszero said:

Though they deny it, 10 million is very likely a (planning) target.

It is a planning target.

[Throttle2]

On 5/5/2024 at 4:19 PM, macrosszero said:

Though they deny it, 10 million is very likely a (planning) target.

Its true that they didn plan for 10mil but i wouldnt know if they planned for 9.9mil or 10.1 mil 😂😂🤣

[Mkl22]

Easiest to hit GDP. Import more people then every thing increases. Using brains to be innovative is too hard and not a sure thing. 

[13177]

On 5/6/2024 at 6:29 AM, Mkl22 said:

Easiest to hit GDP. Import more people then every thing increases. Using brains to be innovative is too hard and not a sure thing. 

As usual they always resolve problem with the easiest way and yet don’t care on the consequences it created.

[Mkl22]

On 5/6/2024 at 6:43 AM, 13177 said:

As usual they always resolve problem with the easiest way and yet don’t care on the consequences it created.

Well. What I can say is I see similar parallels when LHL 1st took office 20years ago. More coe was released. A huge influx of foreigners from 2005-2010. I dare say this seems to be going to be tried again. Welcome to 6.9m, Akan Datang to 10M. 

[13177]

On 5/6/2024 at 8:42 AM, Mkl22 said:

Well. What I can say is I see similar parallels when LHL 1st took office 20years ago. More coe was released. A huge influx of foreigners from 2005-2010. I dare say this seems to be going to be tried again. Welcome to 6.9m, Akan Datang to 10M. 

I think this is what their policy is always be, just that along the way, something happened, so they simply 'wayang' to slow down the huge influx of foreigners, just to make people happy. If nothing happened along the way, maybe now already close to 6.9m liao.

[lukeber]

 

Ngee Ann City started in 1993 and ION started in 2009. In 2024, both shopping malls are 31 years old and 15 years old already.

Opposite Ngee Ann City is Lucky plaza mall and apartments, which started operation in 1981, which is already 43 years old.

This is the age of malls on the prime shopping belt along Orchard road.

[lukeber]

https://www.straitstimes.com/singapore/housing/sellers-can-list-their-flats-on-hdb-flat-portal-from-may-13
 

SINGAPORE – Owners of Housing Board flats or their property agents will have the option to list their homes for sale directly on the HDB Flat Portal from May 13. 

The latest enhancement to the portal, which aims to streamline the process of buying and selling a flat, seeks to provide buyers and sellers access to secure property transactions as well as improved services by property agents, HDB said.

To ensure genuine listings, sellers must have an intent to sell registered to list their homes, the board said. Buyers will need an HDB Flat Eligibility (HFE) letter – which indicates their eligibility to buy a flat, receive grants as well as financing options – to schedule viewings with sellers.

[lukeber]

https://str.sg/ByQo

What you need to know about HDB’s resale flat listing service 

Sellers

Sellers must have an intent to sell registered with HDB in order to list and market their flat themselves. They can also appoint a property agent to manage the listing on their behalf.

When they create a listing, it will be automatically filled with details such as the address, flat type, floor area and floor plan, which is retrieved from HDB’s data. Sellers will only need to upload photos and descriptions of their flat. 

They can also indicate their preference for extension of stay and contra, which is a process in which an owner is looking to sell his unit and buy another, and want both transactions to be executed at the same time.
 

Once listed, sellers can create viewing appointments that interested buyers with a valid HDB Flat Eligibility (HFE) letter can book.

Each seller can only post one flat listing, so that there are no duplicate listings.

Once their flat buyer submits a request for value, which has to be done a day after being granted the option to purchase, the listing would automatically be taken down.

Buyers

Any prospective flat buyer can browse the resale listings on the HDB flat portal, but only those with a valid HFE letter can obtain the sellers’ contact details and schedule viewing appointments.

An HFE letter indicates a buyer’s eligibility to buy a flat, receive grants and take up a housing loan.

Buyers can filter searches by location, flat type, remaining lease or by their ethnicity and citizenship under the Ethnic Integration Policy and Singapore permanent resident quotas.

A resale flat listing will show the recent transacted prices of similar flats nearby, amenities in the area and ethnicity and citizenship quotas.
 

Buyers with an HFE letter can view personalised payment plans based on their approved housing grant and HDB loan amount, so that they can more accurately assess if the shortlisted flats are within their budget, HDB said.

After the buyers have exercised their option to purchase, they can submit their resale application on the HDB Flat Portal.

Property agents

Property agents will have a personalised dashboard on the HDB Flat Portal, which gives them an overview of their clients – both buyers and sellers.

HDB said this will help them provide “value-added services” for their clients, such as budgeting and advising them on the next steps.

They can create listings and viewing appointments for sellers, and help buyers to search, shortlist and compare flats. 

The service will be free of charge for the time being. Property portals such as PropertyGuru and 99.co charges subscription fees.

[Mkl22]

The end for agents and PropertyGuru? 🤣

[Throttle2]

On 5/12/2024 at 5:44 PM, lukeber said:

https://str.sg/ByQo

What you need to know about HDB’s resale flat listing service 

Sellers

Sellers must have an intent to sell registered with HDB in order to list and market their flat themselves. They can also appoint a property agent to manage the listing on their behalf.

When they create a listing, it will be automatically filled with details such as the address, flat type, floor area and floor plan, which is retrieved from HDB’s data. Sellers will only need to upload photos and descriptions of their flat. 

They can also indicate their preference for extension of stay and contra, which is a process in which an owner is looking to sell his unit and buy another, and want both transactions to be executed at the same time.
 

Once listed, sellers can create viewing appointments that interested buyers with a valid HDB Flat Eligibility (HFE) letter can book.

Each seller can only post one flat listing, so that there are no duplicate listings.

Once their flat buyer submits a request for value, which has to be done a day after being granted the option to purchase, the listing would automatically be taken down.

Buyers

Any prospective flat buyer can browse the resale listings on the HDB flat portal, but only those with a valid HFE letter can obtain the sellers’ contact details and schedule viewing appointments.

An HFE letter indicates a buyer’s eligibility to buy a flat, receive grants and take up a housing loan.

Buyers can filter searches by location, flat type, remaining lease or by their ethnicity and citizenship under the Ethnic Integration Policy and Singapore permanent resident quotas.

A resale flat listing will show the recent transacted prices of similar flats nearby, amenities in the area and ethnicity and citizenship quotas.
 

Buyers with an HFE letter can view personalised payment plans based on their approved housing grant and HDB loan amount, so that they can more accurately assess if the shortlisted flats are within their budget, HDB said.

After the buyers have exercised their option to purchase, they can submit their resale application on the HDB Flat Portal.

Property agents

Property agents will have a personalised dashboard on the HDB Flat Portal, which gives them an overview of their clients – both buyers and sellers.

HDB said this will help them provide “value-added services” for their clients, such as budgeting and advising them on the next steps.

They can create listings and viewing appointments for sellers, and help buyers to search, shortlist and compare flats. 

The service will be free of charge for the time being. Property portals such as PropertyGuru and 99.co charges subscription fees.

thats a good start by HDB.   They owe it to the people.