Discuss about any latest news or current affairs in Singapore or globally. Please DO NOT copy and paste news articles from other sources without written permission.
-
Wd40
- Director
![Director Director]()
- Posts: 4657
- Joined: Tue, 04 Dec 2012 10:53 am
-
Answers: 1
- Location: SIndiapore
-
Quote
-
0
login to like this post
Post
by Wd40 » Tue, 27 Aug 2013 6:27 pm
-
AngMoG
- Reporter
![Reporter Reporter]()
- Posts: 609
- Joined: Wed, 17 Apr 2013 11:39 am
-
Quote
-
0
login to like this post
Post
by AngMoG » Tue, 27 Aug 2013 6:51 pm
I have to say, that is actually kind of sensible. I only find the short notice a bit inappropriate...
-
Wd40
- Director
![Director Director]()
- Posts: 4657
- Joined: Tue, 04 Dec 2012 10:53 am
-
Answers: 1
- Location: SIndiapore
-
Quote
-
0
login to like this post
Post
by Wd40 » Tue, 27 Aug 2013 6:59 pm
-
Mi Amigo
- Manager
![Manager Manager]()
- Posts: 1794
- Joined: Sat, 19 Jun 2004 10:23 pm
- Location: Kinto Pino
-
Quote
-
0
login to like this post
Post
by Mi Amigo » Tue, 27 Aug 2013 6:59 pm
AngMoG wrote:I have to say, that is actually kind of sensible. I only find the short notice a bit inappropriate...
I agree. The advance notice is very short, but this could reduce the number of people who apply for PR without the intention of settling permanently here but just in order to avail themselves of the benefits.
Be careful what you wish for
-
Wd40
- Director
![Director Director]()
- Posts: 4657
- Joined: Tue, 04 Dec 2012 10:53 am
-
Answers: 1
- Location: SIndiapore
-
Quote
-
0
login to like this post
Post
by Wd40 » Tue, 27 Aug 2013 7:03 pm
PRs had stopped buying HDBs anyways, due to the 5% ABSD and no permission to rent out, ever.
This measure is more like beating the dead horse.
-
sundaymorningstaple
- Moderator
![Moderator Moderator]()
- Posts: 40532
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Tue, 27 Aug 2013 8:05 pm
I hope they continue to beat the dead horse for a while, looking at the numbers on here every week trying to apply for PR rapidly. Most are just abusers in the first place using the "global person" platform to justify their giving up of PR after their
property appreciated sufficiently to make a tidy profit. Yeah, it's short notice, but what to do? When the facts are thrown in your face month after month, eventually, they gonna get tired of it.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
Wd40
- Director
![Director Director]()
- Posts: 4657
- Joined: Tue, 04 Dec 2012 10:53 am
-
Answers: 1
- Location: SIndiapore
-
Quote
-
0
login to like this post
Post
by Wd40 » Tue, 27 Aug 2013 8:14 pm
Buying HDB is no longer the reason for PR application. PRs are not idiots to pay 5% more than citizens for a 30 year old pigeon hole. In all probability they are applying because there is still nothing to lose as far as the application is concerned.
However, I am sure there a lot more PRs now applying for citizenship to dodge the ABSD.
-
sundaymorningstaple
- Moderator
![Moderator Moderator]()
- Posts: 40532
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Tue, 27 Aug 2013 9:06 pm
I have my serious doubt that you speak for all the PR wannabes in Singapore.

SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
Wd40
- Director
![Director Director]()
- Posts: 4657
- Joined: Tue, 04 Dec 2012 10:53 am
-
Answers: 1
- Location: SIndiapore
-
Quote
-
0
login to like this post
Post
by Wd40 » Tue, 27 Aug 2013 9:15 pm
sundaymorningstaple wrote:I have my serious doubt that you speak for all the PR wannabes in Singapore.

Not all, but I know a lot of people who fit in that exact PR abuse category that you talk about.
-
AndrewV
- Chatter
![Chatter Chatter]()
- Posts: 179
- Joined: Sun, 05 Jun 2011 6:22 pm
-
Quote
-
0
login to like this post
Post
by AndrewV » Wed, 28 Aug 2013 10:21 am
I guess most PR's will resort to renting now? because the way things are going, until US and the west picks up, there are still few other places for them to go
-
Saint
- Director
![Director Director]()
- Posts: 3505
- Joined: Thu, 16 Jun 2005 5:19 pm
- Location: The Juban Stand, Boat Quay
-
Contact:
-
Quote
-
0
login to like this post
Post
by Saint » Wed, 28 Aug 2013 10:58 am
sundaymorningstaple wrote:I have my serious doubt that you speak for all the PR wannabes in Singapore.

Totally agree, of course one of the main reason of wanting to become PR is so to be able to buy a resale HDB. Even with the additional 5% it still a cheaper option than renting and a hell of a lot cheaper than buying private.
-
Barnsley
- Manager
![Manager Manager]()
- Posts: 2319
- Joined: Tue, 10 Jun 2008 5:22 pm
- Location: Pasir Ris
-
Contact:
-
Quote
-
0
login to like this post
Post
by Barnsley » Wed, 28 Aug 2013 11:03 am
Is this an indirect admission that they have allowed too many PR's?
If the PR population is such a small player in the HDB resale market as the Govt states ..... somewhere around 5 or 6%... Then I am not sure what the point of this measure is apart from trying to score political points.
Life is short, paddle harder!!
-
sundaymorningstaple
- Moderator
![Moderator Moderator]()
- Posts: 40532
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Wed, 28 Aug 2013 11:59 am
Spot on. Certain things are done purely for cosmetic reasons. The voters here are naive and the appearance of things often does more than anything else. They get points and only the PRs suffer (actually just get gouged a bit longer paying exorbitant rentals) for a couple more years. This might actually be a good thing in the short term as in a couple of years, if the cooling measures take hold, the prices may come down enough to offset the additional wait to buy.
Additionally, as the FTs thin out a bit (at the PMET levels) more
condos will be renting at lesser amounts in order to keep 'em filled. So there should be some savings there as well.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
lfo_24
- Newbie
![Newbie Newbie]()
- Posts: 16
- Joined: Sat, 15 Jun 2013 10:45 pm
- Location: Singapore
-
Quote
-
0
login to like this post
Post
by lfo_24 » Wed, 28 Aug 2013 12:11 pm
Hi guys, I have tried to check in details for these ruling for SPR household on waiting for 3 years before they can buy resale flat.
Minimum criteria to be eligible for resale flat one must be SPR and to include another listed occupant (usually spouse) who is also SPR.
My question is:
These 3 years waiting, does it apply only for one person, means if one of the couple has fulfill more than 3 years as SPR, they can still buy resale
OR
does this applicable both people (the couple)?
-
sundaymorningstaple
- Moderator
![Moderator Moderator]()
- Posts: 40532
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Wed, 28 Aug 2013 12:27 pm
As the rule was just announced this morning/last night, how would we have a clue?
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
-
Buying resale or new launch property
Replies: 7
First post
Which do you prefer? New launch I get newer leases, brand new finishing and modern architectural design. Resale there is ready rental and can look...
Last post
absd is quite a huge turnoff
- 7 Replies
- 4006 Views
-
Last post by abbby
Tue, 29 Jun 2021 5:04 pm
-
-
Buying a resale property
Replies: 4
First post
Hi guys
Sorry i'm new to this HDB/Property stuff so please excuse my questions :D
Background info - I'm a new PR, employed, got CPF contribution....
Last post
Look online - very few people here will have bought a HDB in your circumstances.
Thanks will check online :)
- 4 Replies
- 2879 Views
-
Last post by Kevinsmith08
Thu, 08 Jul 2021 1:48 pm
-
-
Resale market price
Replies: 3
First post
I have a feeling that most agent companies list resale prices online (like propertyxx) by inflated 10-25% and pushing housing higher. =D>
Last post
Most home owners will want to sell at a slightly higher than market price. There will also be a few owners who will want to sell at a very high...
- 3 Replies
- 2693 Views
-
Last post by Acquisure
Sun, 31 Jul 2022 6:47 pm
-
-
- 4 Replies
- 4471 Views
-
Last post by howdytay
Mon, 07 Jun 2021 5:45 pm
-
-
Should I wait to move to Singapore?
Replies: 10
First post
I was offered a job back in February and got my IPA for the EP visa. I was suppose to move over to Singapore and start a Job (IT Consultancy) in May....
Last post
I would say that moving to Singapore in 2020 does carry risk given that Singapore has just announced that the economy has entered a technical...
- 10 Replies
- 5225 Views
-
Last post by Krazihaus
Thu, 16 Jul 2020 7:39 pm
Users browsing this forum: No registered users and 4 guests