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Wd40
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by Wd40 » Tue, 27 Aug 2013 6:27 pm
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AngMoG
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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...
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Wd40
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by Wd40 » Tue, 27 Aug 2013 6:59 pm
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Mi Amigo
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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
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Wd40
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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.
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sundaymorningstaple
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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
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Wd40
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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.
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sundaymorningstaple
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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
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Wd40
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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.
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AndrewV
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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
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Saint
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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.
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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!!
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sundaymorningstaple
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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
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lfo_24
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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)?
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sundaymorningstaple
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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
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HDB Resale
Replies: 5
First post
I'm Singaporean, but i've been living overseas for about 40 years. I plan to retire in Singapore and buy an HDB flat. Do I qualify for any grants? I...
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I'm Singaporean, but i've been living overseas for about 40 years. I plan to retire in Singapore and buy an HDB flat. Do I qualify for any grants? I...
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Last post by michelle123
Wed, 05 Feb 2020 4:47 pm
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HDB resale
Replies: 3
First post
Does anyone here know how much it cost for an HDB resale flat in Paya Lebar?
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Does anyone here know how much it cost for an HDB resale flat in Paya Lebar?
maybe you can checkout carousell
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Last post by michelle123
Fri, 21 Feb 2020 4:52 pm
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20 Years in SG. SC application rejected after 21 month wait
Replies: 5
First post
Hi,
Been in Singapore since 2001. PR since 2003. Combined income 240K. My income 145k. Not of preferred race (unfortunately). Applied for SC in Aug...
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Hi,
Been in Singapore since 2001. PR since 2003. Combined income 240K. My income 145k. Not of preferred race (unfortunately). Applied for SC in Aug...
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Last post by singaporeflyer
Fri, 14 Jun 2019 7:55 pm
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Resale home prices not coming down?
Replies: 4
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Been monitoring for about a year and listings are listed like forever...but prices remain the same. Seems like prices are not coming down any time...
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For resale homes the prices might not be moving but the volume of sales has dropped considerably at least where I am. If you really want to buy find...
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Last post by PNGMK
Mon, 04 Nov 2019 8:22 am
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Resale flats
Replies: 2
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Where can I find resale flats without using an agent? . and 99.co seems to be all agents.
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Abby's right - network. Quite a few HDB and older HUDC flats have been sold between members of my church with no comm to agents.
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Last post by PNGMK
Mon, 04 Jan 2021 4:11 pm
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