anything pasal HOUSING

deaf4ever

ok, jawapan sua mari....
mari la kita baca.........  




What goes into pricing of HDB flats

I REFER to the letter, 'How does HDB price its flats?' (ST, July 12), by Mr Douglas Chow Tuck Kheong.

HDB sells flats with a market subsidy in order to enable the majority of Singaporeans to own a basic flat. The market subsidy is provided by pricing new flats below the price of comparable resale flats.

The price also takes into account location, design and other specific attributes.

Affordability is assessed by looking at the debt-service ratio of buyers. Last year, buyers of three- and four-room flats used, on average, less than 20 per cent of their monthly income to service their monthly loans.

This is well within the 40 per cent guideline used by financial institutions in credit assessment, as well as international benchmarks of household expenditure on housing.

We wish to inform Mr Chow that the construction-cost figures he worked out relate only to buildingworks. The total construction cost of flats includesother costs, such as that for piling works, and consultancy and project-management fees.



TAY BOON SUN
Senior Public Relations Officer
for Director, Corporate Development
Housing & Development Board






:gila::gila::gila::gila::gila: :kant::kant::kant:

deaf4ever

nasik tambah lagi ... ni article ngan jawapan hdb kat atas ni keluar sokkabar semalam...




THE letter, 'How does HDB price its flats?' (ST, July 12), has only accentuated my bewilderment at the way HDB flat prices have inflated over the past decade as a result of presumably uncontrollable market forces.

Beginning with an index of 41.8 in 1993, the HDB resale-price index has escalated to 105.2 in the second quarter of this year, according to the latest flash estimate (source: HDB website). This represents an increase of 152 per cent.

In contrast, the average monthly nominal earnings per employee in Singapore had increased only 68 per cent from $1,918 in 1993 to $3,213 in 2003 (MOM website).

Hence, the rate of HDB resale-price inflation is more than double that of wage increment over this period of time. This living cost-to-income disparity is magnified when the effective long-term housing-loan interest rate is taken into consideration.


HIONG KUM MENG

chicsee

Originally posted by deaf4ever at 25-7-2004 01:42 AM:
ok, jawapan sua mari....

ok, jawapan sua mari....
mari la kita baca.........  




What goes into pricing of HDB flats

I REFER to the letter, 'How does HDB price its flats?' (ST, July 12), by Mr Douglas Chow Tuck Kheong.

Affordability is assessed by looking at the debt-service ratio of buyers. Last year, buyers of three- and four-room flats used, on average, less than 20 per cent of their monthly income to service their monthly loans.

This is well within the 40 per cent guideline used by financial institutions in credit assessment, as well as international benchmarks of household expenditure on housing.

40% dari gaji kita nak bayar duit rumah aje? Gila ke apa? nf:nf:nf:

SweetCandy

Originally posted by chicsee at 26-7-2004 11:47 AM:


40% dari gaji kita nak bayar duit rumah aje? Gila ke apa? nf:nf:nf:

very unreasonable :agr:

before prices go up....buy your house.

asik baca kat papers,prices going up.

deaf4ever

korang baca especially part agen mengaku dorang cover up kerosakkan rumah, just imagine, pembeli tak tahu, then lepas dia takeover,
baru bocor rahsia rumah banyak defects..., especially ceiling leak...
so apa dia boleh buat? agen ngan penjual mesti dah buat bodoh apa....


CONFESSIONS OF A PROPERTY AGENT
THESE AGENTS NOT ONLY HAND THE KEY TO YOUR DREAM HOMES, THEY ALSO WITNESS SECRETS BEHIND THE CLOSED DOORS



By Joyce Lim

AH, the dark secrets of the HDB flats.

Property agents see them all.

Like the daring, middle-aged man who kept his mistress in the flat downstairs from his family.

Only his eldest son knew the secret, until Michael (not his real name), a 37-year-old property agent, came along and was engaged to sell her flat.

Michael recalled: 'All the while, I thought the older man was the lawful owner of the flat, until the day the owner had to meet the buyer to sign the agreement. The son turned up instead.

'I was shocked when the older man told me that he had asked his son to marry his mistress so that he could buy the flat for her.'

Michael also revealed that popular districts 9 and 10 are where the rich businessmen keep their mistresses.


'I've taken a few such clients to view the private properties. They usually leave the decision-making to their mistresses,' said Michael.

In the heartlands, Michael said, people go to great lengths to buy and sell a flat.

Michael recalled another incident, where the wife quit her job in order to lower the family's total income so as to qualify for a 95 per cent housing loan from HDB.

But Michael said some property agents also have their own underhanded tactics to affect the value of the flat.

Such as building up a list of home hunters by putting out fake advertisements of flats for sale.

Or arranging for viewing of the flat in the evening, when he knows that the flat gets the afternoon sun.

Or getting friends and relatives to pose as potential buyers to push up the price of the flat for genuine buyers.

'The most common tactic is to raise the value of the last offer made for the flat. The potential buyer will then feel the urge to place a deposit to secure it,' Michael said.

Another trick of the trade that can get agents into trouble: 'We'll pose as potential buyers and call a rival agent to fix an appointment to view the property.

'We don't turn up for the viewing, but we hide from afar and watch our rival.

'We'll then know which unit he is trying to sell and we'll approach the owner directly to sell the property.'

HIDE DEFECTS

When Michael comes across an old flat with problems like leaking ceilings and cracks in the wall, he sometimes forks out money from his own pocket to cover these problems before taking potential buyers to view the flats.

'Sometimes, I'll pay a contractor $300 to $400 to paint the whole house. The fresh coat of paint will cover any defect and make it easier to sell,' he said.

'Once the buyer moves into the flat, it's none of the agent's business.'

On a good month, Michael can earn up to $50,000 in commission. But there are also months when he doesn't sell a single property.

Sometimes, just before Michael closes a deal, he finds out that the owner owes the town council conservancy fees.

'Some owners tell me they have no money to pay, and if they don't pay, they can't sell the flat. I have no choice but to help them pay first,' he said.

Then there are times when owners disappear without paying Michael his commission after their properties are sold.

'These owners cancel their phone lines and there would be no way for me to get my commission,' said Michael.

He added that the most common 'sin' committed by property agents is to help sellers over-declare the price of the flat.

'In such cases, the sellers will return the buyers the difference after they get the payment,' Michael explained.

'However, not all agents will take such risks in breaking the law.'


Story Index

SweetCandy

4% CENGKERAM FLAT PERLU DIBAYAR TUNAI MULAI 1 JANUARI
MULAI 1 Januari depan, pembeli flat HDB yang menggunakan pinjaman bank perlu membayar 4 peratus daripada cengkeram flat mereka secara tunai.

Lagi 16 peratus pula dibayar menerusi akaun Tabung Simpanan Pekerja (CPF) pembeli.

Menurut kenyataan HDB semalam, kadar itu akan dinaikkan 2 peratus setahun sehingga paras 10 peratus, iaitu separuh daripada cengkeram 20 peratus bagi pembelian flat HDB.

Bagi flat baru, pelaksanaan pembayaran cengkeram tunai itu dikira pada tarikh tempahan dibuat.

Bagi flat jualan semula, ia dikira mulai tarikh permohonan dibuat, sementara bagi flat yang dipindah milik mulai tarikh permohonan memindahkan hak milik dibuat.

Menurut HDB, sejak 1 Januari 2004, semua pembeli flat HDB yang menggunakan pinjaman bank perlu membayar 2 peratus daripada cengkeram flat mereka secara tunai. Baki 18 peratus dibayar menerusi CPF.

Pada 2006, kadar bayaran tunai itu akan dinaikkan kepada 6 peratus, dan kadar bayaran menerusi CPF pula, 14 peratus.

Pada 2007 pula, kadarnya ialah 8 peratus tunai dan 12 peratus CPF.

Mulai 1 Januari 2008 dan seterusnya, ia menjadi 10 peratus tunai dan 10 peratus CPF.

Dalam 2003, pemerin mengumumkan cengkeram 10 peratus secara tunai itu bertujuan menjadikan pinjaman menerusi bank bagi membeli flat HDB sejajar dengan pinjaman bagi pembelian hartanah privet.

Sebelum ini, pembeli hartanah privet sahaja perlu membayar 10 peratus cengkeram secara tunai dan lagi 10 peratus menerusi CPF.

Untuk maklumat lanjut sila hubungi talian 1800- 866-3066 atau 1800-225-5432.

mangkin banyak spelling sekarang...............

SweetCandy

Originally posted by matz_rockz at 20-10-2004 08:36 AM:
mangkin banyak spelling sekarang...............

yalah, tak bis2 dorang implement sana sini rules.

Originally posted by SweetCandy at 20-10-2004 08:40 AM:

yalah, tak bis2 dorang implement sana sini rules.

asik nak pakai CASH UPFRONT.........dorang ingat ni bayar cash macam kita

pay at NTUC supermarket............

deaf4ever

hai kengkawan, please take note...

dan inform kat sapa2 yang kurang paham...

takut nanti kena tipu..



Oct 25, 2004

Contractors abusing window rule


Errant ones mislead owners into making unneeded changes By Tan Hui Yee

ROGUE contractors are using the new rule requiring old windows to be fixed to mislead homeowners into making unnecessary purchases.

The rising number of such incidents has the Consumers Association of Singapore (Case) worried.

In one case, a warehouse assistant was pressured into paying $1,000 for safety devices on his sliding windows: The contractor gave him the impression that the Housing Board regarded his windows as unsafe.


However, the retrofitting order, which came into effect on Oct 1, involves only casement windows, and ones which are five or more years old. And it covers just the replacement of the aluminium rivets - which secure the windows - with stainless steel ones.





This has to be done by Sept 30 next year. Those who have not by then risk a fine of $5,000 and/or jail of six months.

The new rule was introduced because of the number of casement windows that have fallen in recent years. More than 200 have fallen since 2000.

Case has received nine complaints of errant contractors in the last three months, compared to none in the first six months of the year, and it fears more owners will be duped.

Warehouse assistant Safoni Mashud, 27, was one of those who complained to Case.

He told The Straits Times he had been approached by a contractor, who told him he had to install a safety device to prevent his sliding windows from falling. He only found out the addition was not needed after the job was done.

Case, which got the contractor to take $550 off the $1,000 bill, said the company had breached the Consumer Protection (Fair Trading) Act, and could be sued.

On top of that, contractors who are not certified to install or retrofit windows are posing as approved ones.

In another case, two such contractors solicited for such work in a Balestier estate. They have been given a stern warning by the HDB.

Case executive director Seah Seng Choon said the problem is made worse because many homeowners depend on contractors to tell them what the rules are and take their word that they have the necessary licence.

Asked by The Straits Times what it is doing to educate homeowners on the matter, the HDB said it sent out advisory letters to all public housing residents in April, and that it is now working with grassroots organisations to publicise the new rule through exhibitions and other events.

It has also reminded contractors not to mislead residents.

'We'll monitor the situation closely,' said a spokesman.

The Building and Construction Authority (BCA), which is in charge of informing private home owners of the new ruling, said it did so individually or through the management corporations of estates last month.

To get more information on the retrofitting order and a list of approved window contractors for the job, the public can call the BCA's hotline on 6325-8677 or visit www.bca.gov.sg



--------------------------------------------------------------------------------



Arm yourself with the facts


The new rule requires all windows that are five years and older to have the aluminium rivets which secure them to be replaced with stainless steel ones.

These rivets must be replaced by Sept 30 next year, otherwise the homeowner faces a fine of $5,000 and/or jail of six months.

The job can be done only by contractors who have been approved to do the

Only casement windows - windows which swing out - are affected by the new retrofitting rule. Sliding windows are not.

kalo beli rumah,try to get one near the mrt station....

senang kalo nak keluar jalan..

herokampong

Originally posted by matz_rockz at 18-11-2004 11:21:
kalo beli rumah,try to get one near the mrt station....

senang kalo nak keluar jalan..

tu untuk family yang realistic...

ader yang kaya

virgomal

Originally posted by matz_rockz at 2004-11-18 11:21 AM:
kalo beli rumah,try to get one near the mrt station....

senang kalo nak keluar jalan..

woooo senangnyer bang matz......
bertapak dari aljunied, naik MRT
keje sampai jurong.......
sakit kocek wooooooo.......:gila:

i got a friend dia naik nel lepas tu sambong mrt....

sampai opis SATU SATENGAH JAM.........pengsan gua dibuat nya....

virgomal

Originally posted by matz_rockz at 2004-11-18 03:03 PM:
i got a friend dia naik nel lepas tu sambong mrt....

sampai opis SATU SATENGAH JAM.........pengsan gua dibuat nya....

sama ler tu bang matz.... 10 minit jalan kaki menuju ke mrt
40 minit dlm train
10 minit jalan ke bus stop
30 minit lebih kurang... tunggu bas yang sentiasa sesak....
hampeh.........:gantuk:

me got a friend dia work in marine line....

dia tinggal kat hougang abis tu kerja kat jurong,

dia jual rumah,to stay in jurong...SEKALI

opis dia pindah kat kallang ...............

Originally posted by virgomal at 18-11-2004 03:11 PM:


sama ler tu bang matz.... 10 minit jalan kaki menuju ke mrt
40 minit dlm train
10 minit jalan ke bus stop
30 minit lebih kurang... tunggu bas yang sentiasa sesak....
hampeh.........:gantuk:

you work in jurong ke ?? ..........

virgomal

yup..... V keje kat jurong ah bang matz..
rumah ikat 10 tahun....... baru boleh jual
else... grant hangus.
tinggal 6 tahun lagik....:pray:

gadis_aries

Originally posted by virgomal at 18-11-2004 03:11 PM:

sama ler tu bang matz.... 10 minit jalan kaki menuju ke mrt
40 minit dlm train
10 minit jalan ke bus stop
30 minit lebih kurang... tunggu bas yang sentiasa sesak....
hampeh.........:gantuk:

V samalah mcm Aries....kena naik feeder bas from Clementi West to Clementi MRT station then sambung naik train lepas tu turun kat Tampines MRT...takes about 45 mins journey....lepas tu kena jalan lagi 10-15 mins nak ke office....total journey jer dah takes about one & the half hour...