View Full Version : What if Mr Khaw borrow the idea from Grace "No more subletting of HDB."?
Will HDB resale price go Up or Down. What about PC rental and resale price go Up or Down..
No more subletting of hawker and wet market stalls
http://www.straitstimes.com/Parliament/Story/STIStory_774744.html
Will not happen. Not a Politically a wise decision.
Will HDB resale price go Up or Down. What about PC rental and resale price go Up or Down..
No more subletting of hawker and wet market stalls
http://www.straitstimes.com/Parliament/Story/STIStory_774744.html
http://www.hdb.gov.sg/fi10/fi10323p.nsf/w/RentOpenMktStatisticApprovals?OpenDocument&ExpandSection=5%2C4#_Section5
There are 97,028 HDB unit Subletting Approvals given out since 2007.
http://3.bp.blogspot.com/-p9Zyr6jyIw8/T22Mv3wkfoI/AAAAAAAAG7c/Dk8xxiAsiv0/s1600/Yearbook+2011.JPG
http://3.bp.blogspot.com/-B9QngOu2Qt8/T22O-LdPk1I/AAAAAAAAG7k/tKnSNlLyx-4/s1600/Yearbook+2005.JPG
Inflation will spike. Massive protest by business owners. Many companies will collapse. Many condo owners will go bankrupt. Many old pp will lose their 3 meals.
ikan bilis
24-03-12, 17:46
wait lah.... you must tell us the reason of doing it first....
"No more subletting of hawker and wet market stalls" => is to fight inflation...
"No more subletting of hdb flats" => is to fight what??... deflation??...
:scared-4: :D
wait lah.... you must tell us the reason of doing it first....
"No more subletting of hawker and wet market stalls" => is to fight inflation...
"No more subletting of hdb flats" => is to fight what??... deflation??...
:scared-4: :D
Lower the demand & price of resale in mature estate?
devilplate
24-03-12, 17:56
Mabe at most extend mop for subletting to 8-10yrs .....not possible to stop subletting completely one......all the tenants stay whr? Govt goto build more domitories or hdb rental flats for foreign workers?
ikan bilis
24-03-12, 18:13
40-80K units of hdb flats for rental suddenly disappeared from market liow... that could be equivalent to housing for 300-400K of people... my condo rental price will cheong from 3.5K to 7K.... shiok!!... i will move back to hdb and rent out my condo... :cheers4:
those couples who rented out own hdb flats and moved to stay with parents for the extra free $$ will kpkb and want kbw out... :D
40-80K units of hdb flats for rental suddenly disappeared from market liow... that could be equivalent to housing for 300-400K of people... my condo rental price will cheong from 3.5K to 7K.... shiok!!... i will move back to hdb and rent out my condo... :cheers4:
those couples who rented out own hdb flats and moved to stay with parents for the extra free $$ will kpkb and want kbw out... :D
The tenants will trash ur condo.
devilplate
24-03-12, 18:22
40-80K units of hdb flats for rental suddenly disappeared from market liow... that could be equivalent to housing for 300-400K of people... my condo rental price will cheong from 3.5K to 7K.... shiok!!... i will move back to hdb and rent out my condo... :cheers4:
those couples who rented out own hdb flats and moved to stay with parents for the extra free $$ will kpkb and want kbw out... :D
U dream on hor.....foreign workers budget tight tight one....4-6pax share a 2.4k 4rm flat.....u tink they can afford to rent ur condo?
More like all will balek kampong or become illegal squatters or sleep at the park....wah piang
ikan bilis
24-03-12, 18:54
wah-lah...
everyday got 10-20 families queuing up to rent your condo... like that you two also don;t know how to pick one kwai-kwai type ??... :tsk-tsk:
the most i rent out at 5K lor, and pick some cute japanese babes.... don;t rent out at 7K... can??... ;) :D
Will HDB resale price go Up or Down. What about PC rental and resale price go Up or Down..
No more subletting of hawker and wet market stalls
http://www.straitstimes.com/Parliament/Story/STIStory_774744.html
it will happen i believe especially alot of ignorant people who like to show off and always keep telling and broadcasting how good hdb rental is n how much he is enjoying the rental yield...this will result more protest and more measures will come in.....so keep your mouth shout while enjoying and dont attract the cat by singing loud...those are the fool i think...no offence
buttercarp
24-03-12, 20:35
Mabe at most extend mop for subletting to 8-10yrs .....not possible to stop subletting completely one......all the tenants stay whr? Govt goto build more domitories or hdb rental flats for foreign workers?
Yup...agree with you.
Cannot suddenly stop completely.
Like you said increase MOP, or maybe have to return grant given to first timer if want to let out flat and stay in PC.
HDB reviews housing rules to stop rental investors and speculators.
http://www.propertyguru.com.sg/property-management-news/2010/1/27184/hdb-reviews-housing-rules-to-stop-rental-investors
The reason I ask this question is because there are a lot of people who think HDB will stop the subletting to control the price inflation not knowing the number of people renting 97,028 since 2007 "official figure".
Looking at the statistic, HDB reducing it building program in 2001 and it take 10 years later to build 25,000 unit a year starting in 2011 to meet the demand.
(1) It stop Private property owner from buying HDB to control the HDB resale but the resale get worst because those who buy PC not selling HDB thus the reduce supply of HDB resale unit on the market.
The supply of resale will only start to increase 3 (Building) + 5 (MOP) = 8 years later in 2018.
(2) HDB try to increase the supply of resale by giving $20,000 for elderly to sell their unit and buy a Studio. This will take another 3 year if successful but I don't think a lot will go for it.
http://www.asiaone.com/Business/News/My%2BMoney/Story/A1Story20120217-328594.html
What will be the next step for HDB to take?
devilplate
24-03-12, 21:11
it will happen i believe especially alot of ignorant people who like to show off and always keep telling and broadcasting how good hdb rental is n how much he is enjoying the rental yield...this will result more protest and more measures will come in.....so keep your mouth shout while enjoying and dont attract the cat by singing loud...those are the fool i think...no offence
Hdb rental yield too good liao
3rm flat some say 2.4k wor!!
Ps: me no hdb....wakakakakaka
ikan bilis
24-03-12, 21:12
What will be the next step for HDB to take?
hahaha... may be some very drastic approach, kbw's big gun.... :gun4:
=> with immediate effects, no holding of both Pte Condo and hdb at the same time,... and all who holding both hdb and pte condo must get rid of the hdb (or all pte condos, your choice) within 3 yrs... :D
it could crash resale hdb price by 10-20% downwards and may be MMs 30-50% downwards.... I will swap my hdb into an MM immediately... ;)
no-lah... ah khaw will no do that... is suicidal for his career... but personally me think public and private housing has to be in this way... those already own pte condo pls stop kacau/touch/keep the public hdb housing again... :D
devilplate
24-03-12, 21:12
wah-lah...
everyday got 10-20 families queuing up to rent your condo... like that you two also don;t know how to pick one kwai-kwai type ??... :tsk-tsk:
the most i rent out at 5K lor, and pick some cute japanese babes.... don;t rent out at 7K... can??... ;) :D
U love dreaming
Lets sing "dream a dream" :D
devilplate
24-03-12, 21:15
hahaha... may be some very drastic approach, kbw's big gun.... :gun4:
=> with immediate effects, no holding of both Pte Condo and hdb at the same time,... and all who holding both hdb and pte condo must get rid of the hdb (or all pte condos, your choice) within 3 yrs... :D
it could crash resale hdb price by 10-20% downward and may MMs 30-50% downwards.... I will swap my hdb into an MM immediately... ;)
no-lah... ah khaw will no do that... is suicidal for his career... but personally me think public and private housing has to be in this way... those already own pte condo pls stop kacau/touch/keep the public hdb housing again... :D
Just revert back old rules la....got hdb and condo....must stay in hdb....more ppl will decide to sell their hdb liao....
Still allow hdb subletting.....u move to ur parents plc or vice versa....family bonding wat.....hehehe
ikan bilis
24-03-12, 21:17
U love dreaming
Lets sing "dream a dream" :D
heya... you first go ahead dream and wait for MND to dis-allow hdb whole flat renting, room renting,... after that then talk to me lah... big event also not happening... how to see-show/consequences... ;) :D
ikan bilis
24-03-12, 21:20
U love dreaming
Lets sing "dream a dream" :D
(deleted... repeated post...)
ikan bilis
24-03-12, 21:24
Just revert back old rules la....got hdb and condo....must stay in hdb....more ppl will decide to sell their hdb liao....
Still allow hdb subletting.....u move to ur parents plc or vice versa....family bonding wat.....hehehe
heya... make it room subletting allowed... whole flat sub-letting not allowed... revert to older days... don;t abuse the public housing system lah... public housing not for you to make $$... ;) :D
devilplate
24-03-12, 21:27
heya... make it room subletting allowed... whole flat sub-letting not allowed... revert to older days... don;t abuse the public housing system lah... public housing not for you to make $$... ;) :D
Ok boss....
Bossy, i realised got some PR bot resale flat immediately rent out rooms after tat wor....so how ar boss? :D
ikan bilis
24-03-12, 21:39
Ok boss....
Bossy, i realised got some PR bot resale flat immediately rent out rooms after tat wor....so how ar boss? :D
this 1 got to tell you secretly....
if i were kbw hor... then local can rent out rooms,... PR illegal to rent out rooms... i need sembawang votes mah.... can you stop digging if i'm ah khaw ??... :ashamed1: :D
http://2.bp.blogspot.com/-nPOjC4kBD5U/T23Oa7sDjpI/AAAAAAAAG7s/wdH09d3eG8k/s1600/resale+flat.JPG
http://1.bp.blogspot.com/-CnsJrvrwe9U/T23O5dgg6EI/AAAAAAAAG70/Add3q8NGhA8/s1600/ser.JPG
http://2.bp.blogspot.com/-kah8jM-Ipd4/T23REy1S3RI/AAAAAAAAG78/pimPMsbHrp8/s1600/Private+owner+buy+resale.JPG
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyResaleFlatPublicScheme?OpenDocument
http://4.bp.blogspot.com/-CQ8uZsFhjY8/T23R7frh1uI/AAAAAAAAG8E/DCdBuq88rCg/s1600/HDB+buy+private.JPG
http://www.hdb.gov.sg/fi10/fi10325p.nsf/w/PrivatePtyEligibility?OpenDocument
Lots of people are doing it.
this 1 got to tell you secretly....
if i were kbw hor... then local can rent out rooms,... PR illegal to rent out rooms... i need sembawang votes mah.... can you stop digging if i'm ah khaw ??... :ashamed1: :D
HDB reviews housing rules to stop rental investors and speculators.
http://www.propertyguru.com.sg/prope...ntal-investors
The reason I ask this question is because there are a lot of people who think HDB will stop the subletting to control the price inflation not knowing the number of people renting 97,028 since 2007 "official figure".
Looking at the statistic, HDB reducing it building program in 2001 and it take 10 years later to build 25,000 unit a year starting in 2011 to meet the demand.
(1) It stop Private property owner from buying HDB to control the HDB resale but the resale get worst because those who buy PC not selling HDB thus the reduce supply of HDB resale unit on the market.
The supply of resale will only start to increase 3 (Building) + 5 (MOP) = 8 years later in 2018.
(2) HDB try to increase the supply of resale by giving $20,000 for elderly to sell their unit and buy a Studio. This will take another 3 year if successful but I don't think a lot will go for it.
(3) Increase SER from 3 to 5 years MOP.
(4) Increase MOP for those without CPF grant to buy PC.
http://www.asiaone.com/Business/News...17-328594.html
What will be the next step for HDB to take?
http://3.bp.blogspot.com/-BUzqTh03_kI/T23XXDN13xI/AAAAAAAAG8M/LZTfBfo852s/s1600/sublet.JPG
Looking at all the measure HDB took over the years, it only point to one thing resale price will only come down after 2018. Mean time build 25,000 a year and sell at subsidised rate. HDB Huat Ah.............:cheers4: :cheers4: :cheers4:
:cheers4:
Those who have HDB and PC TOP soon should know when to sell.
ikan bilis
24-03-12, 22:40
Looking at all the measure HDB took over the years, it only point to one thing resale price will only come down after 2018. Mean time build 25,000 a year and sell at subsidised rate. HDB Huat Ah.............:cheers4: :cheers4: :cheers4:
:cheers4:
Those who have HDB and PC TOP soon should know when to sell.
heya... big boss khaw got lots of weapons lah... if he really wants, he can:
- inject new hdb flats directly into resale market (as bto pressure is getting less and less)... but without subsidy, price could be slightly lower than resale and no cov... will resale market crash or not ??..
- can also revise DBSS to DBSS2, such that DBSS2 is treated as resale flat, anyone + PR could apply and does not take up your chances/eligibility of buying BTO/EC in future... private developer could build flats very fast without eating up hdb's capacity....
he can suka suka shoot down resale price before 2018 if he wants... his most lethal weapon is "blogging"... that bto kena blog-ged by him until going to be under subscribed very soon... he is my idol !!... :not-worthy:
:D
http://www.todayonline.com/Singapore/EDC120324-0000057/PropertyGuru-report-misleading--HDB
Moral of the Story, resale HDB is cannot be use for affordability calculation. It "is not sustainable" that is why got CM1, CM2, CM3, CM4, CM5....:tsk-tsk: .. It is use to calculate the amount of subsidy HDB is giving. :doh:
The HDB felt the rise in HDB resale and private property prices in recent years "is not sustainable". "That is why the Government has been intervening with both supply and demand measures, in order to correct the imbalance," said the HDB. "The market has moderated considerably."
will GOVT ever close down GEYLANG....if they close down geylang then they can stop people from renting out their hdb flats....:D
moral of story: HDB rental is like legaliized prostitution....:scared-1::D:cheers1:
heya... big boss khaw got lots of weapons lah... if he really wants, he can:
- inject new hdb flats directly into resale market (as bto pressure is getting less and less)... but without subsidy, price could be slightly lower than resale and no cov... will resale market crash or not ??..
- can also revise DBSS to DBSS2, such that DBSS2 is treated as resale flat, anyone + PR could apply and does not take up your chances/eligibility of buying BTO/EC in future... private developer could build flats very fast without eating up hdb's capacity....
he can suka suka shoot down resale price before 2018 if he wants... his most lethal weapon is "blogging"... that bto kena blog-ged by him until going to be under subscribed very soon... he is my idol !!... :not-worthy:
:D
I think he will not want to shoot down resale price because the amount of subsidy HDB is giving is taken from the resale price. All he need to do to bring down the resale price is a phone call.
will GOVT ever close down GEYLANG....if they close down geylang then they can stop people from renting out their hdb flats....:D
moral of story: HDB rental is like legaliized prostitution....:scared-1::D:cheers1:
The GOVT will close down GEYLANG when MRT can cross over to Johor, we will call it GEYLANG @ Johor.
The GOVT will close down GEYLANG when MRT can cross over to Johor, we will call it GEYLANG @ Johor.
ha ha hdb also crossover to JB....wohoo...1st BTO in johor called....pasir gudang vista...:doh::D:scared-3:
Will not happen. Not a Politically a wise decision.
Agree. In addition,where will all the foreigners stay if they can't rent HDB?
If the ban on subletting HDB happens, perhaps rental rates of private condos will soar?
ha ha hdb also crossover to JB....wohoo...1st BTO in johor called....pasir gudang vista...:doh::D:scared-3:
May not be a bad idea when the new cross-straits MRT line is up and running. But seriously, must address the crime issue first as the BTO residents will become sitting ducks for all the criminals in JB. Can't imagine a better place to rob in JB then this BTO. haha
May not be a bad idea when the new cross-straits MRT line is up and running. But seriously, must address the crime issue first as the BTO residents will become sitting ducks for all the criminals in JB. Can't imagine a better place to rob in JB then this BTO. haha
No problem, just built another Watertown @ Johor with Nepalese Gurkha security guards.
Hdb rental yield too good liao
3rm flat some say 2.4k wor!!
Ps: me no hdb....wakakakakaka
i know ..who is the "some " who say ...just like fool who keep telling his neighbor and people around the world(it is internet, anyone in this world can access)that he has something to show off...bring the risk to another level especially now....:p who knows what is the next CM going to be???:p
will GOVT ever close down GEYLANG....if they close down geylang then they can stop people from renting out their hdb flats....:D
moral of story: HDB rental is like legaliized prostitution....:scared-1::D:cheers1:
the first thing HDB should do is to get back your flat in this case lol :p the case will be the first in Sg since u like to attract cat.:p
Ok boss....
Bossy, i realised got some PR bot resale flat immediately rent out rooms after tat wor....so how ar boss? :D
Not only this, i heard FTs become PRs and bought resale flat immediately...than rent out when return to their own country ...after that sell off their resale flat after collecting enough rental...
cannot la...
alot of old pple rent out flat for income nowadays...
if cannot sublet, they will sure GG
ikan bilis
25-03-12, 13:08
i know ..who is the "some " who say ...just like fool who keep telling his neighbor and people around the world(it is internet, anyone in this world can access)that he has something to show off...bring the risk to another level especially now....:p who knows what is the next CM going to be???:p
heya... ah khaw where got so free to take care of your hdb subletting... everyday he should be busy with lots of screw-ups here and there... fire fighting some old problems... :D
Buyers of Trivelis DBSS are being screwed
Posted by temasektimes (http://temasektimes.wordpress.com/) on March 24, 2012
Buyers of Trivelis DBSS in Clementi had a shock when they found out that there will be a much cheaper BTO built right next to their development.
Market watchers have estimated that the prices in the BTO project can be as much 25% lower. This could work out to be more than $100,000 for a typical 4 room HDB flat. The $100,000 is supposedly for the better finishing such as built-in wardrobes, kitchen cabinets, better tiles, parquet flooring in bedrooms and various other premium finishings. However, not all DBSS have better finishing and workmanship. Some are even worse than BTOs such as the Ang Mo Kio DBSS development called Park Central. In Nov last year, it was reported that hundreds of home owners in Park Central complained about building defects and shoddy workmanship.
Not only are the Trivelis flats more expensive than the usual BTOs, they are much smaller even though they claim to be the same 4 or 5 room HDB flats. A typical BTO 5 room flat is 113sqm and the Trivelis 5 room unit is only 105sqm. The smaller Trivelis unit has an aircon ledge as big if not bigger than than the kitchen, The balcony is also bigger than the living room in Trivelis. Hence, the liveable space in DBSS is actually much less than what consumers are paying for. In DBSS projects like Park Central, even master bedrooms have large balcony. Maybe these developers think that Singaporeans like to do their bedroom business in the open.
HDB should state clearly what are the liveable space so as not to misled consumers. MND should consider asking all developers to state clearly the percentage of un-liveable space (balcony, aircon ledge, storerooms) when selling the unit. If Singapore apartments become over-priced pigeon holes then more young Singaporeans would consider migrating to other countries. Moreover, HDB flats are only leasehold 99 years!!
i know ..who is the "some " who say ...just like fool who keep telling his neighbor and people around the world(it is internet, anyone in this world can access)that he has something to show off...bring the risk to another level especially now....:p who knows what is the next CM going to be???:p
The power of google.
The GOVT already have all the CM ready, just need to announce.
http://www.hdb.gov.sg/fi10/fi10323p.nsf/w/RentOpenMktStatisticRent?OpenDocument
http://1.bp.blogspot.com/-Npk6qAPptto/T27mMMrQDbI/AAAAAAAAG8k/zZPtugN0t9c/s1600/hdb.JPG
wait lah.... you must tell us the reason of doing it first....
"No more subletting of hawker and wet market stalls" => is to fight inflation...
"No more subletting of hdb flats" => is to fight what??... deflation??...
:scared-4: :D
IMHO, stop subletting of HDB flats is more or less try to prevent people from making use of the rental money to pay for their private ppty instalments. In a way, I think it is also trying to curb the pc prices.
The power of google.
The GOVT already have all the CM ready, just need to announce.
Wah, genius move from KBW.:D
IMHO, stop subletting of HDB flats is more or less try to prevent people from making use of the rental money to pay for their private ppty instalments. In a way, I think it is also trying to curb the pc prices.
They don't have to stop subletting, they just have to force current pc owner to sell their current HDB.;)
Not only this, i heard FTs become PRs and bought resale flat immediately...than rent out when return to their own country ...after that sell off their resale flat after collecting enough rental...
This is true and happening...
heya... ah khaw where got so free to take care of your hdb subletting... everyday he should be busy with lots of screw-ups here and there... fire fighting some old problems... :D
Buyers of Trivelis DBSS are being screwed
Posted by temasektimes (http://temasektimes.wordpress.com/) on March 24, 2012
Buyers of Trivelis DBSS in Clementi had a shock when they found out that there will be a much cheaper BTO built right next to their development.
Market watchers have estimated that the prices in the BTO project can be as much 25% lower. This could work out to be more than $100,000 for a typical 4 room HDB flat. The $100,000 is supposedly for the better finishing such as built-in wardrobes, kitchen cabinets, better tiles, parquet flooring in bedrooms and various other premium finishings. However, not all DBSS have better finishing and workmanship. Some are even worse than BTOs such as the Ang Mo Kio DBSS development called Park Central. In Nov last year, it was reported that hundreds of home owners in Park Central complained about building defects and shoddy workmanship.
Not only are the Trivelis flats more expensive than the usual BTOs, they are much smaller even though they claim to be the same 4 or 5 room HDB flats. A typical BTO 5 room flat is 113sqm and the Trivelis 5 room unit is only 105sqm. The smaller Trivelis unit has an aircon ledge as big if not bigger than than the kitchen, The balcony is also bigger than the living room in Trivelis. Hence, the liveable space in DBSS is actually much less than what consumers are paying for. In DBSS projects like Park Central, even master bedrooms have large balcony. Maybe these developers think that Singaporeans like to do their bedroom business in the open.
HDB should state clearly what are the liveable space so as not to misled consumers. MND should consider asking all developers to state clearly the percentage of un-liveable space (balcony, aircon ledge, storerooms) when selling the unit. If Singapore apartments become over-priced pigeon holes then more young Singaporeans would consider migrating to other countries. Moreover, HDB flats are only leasehold 99 years!!
Same same for Queens PC owners. Pay premium for tanglin orchard view only found out view was blocked by HDB. :(
bigapplefan
27-03-12, 14:55
This is true and happening...
Another thing is how do we make sure the PR has no overseas properties? I am pretty sure they have, just that they didn't declare to hdb...
Another thing is how do we make sure the PR has no overseas properties? I am pretty sure they have, just that they didn't declare to hdb...
It is very hard to control the overseas properties matter.
Beside the above.. PR family with or without kid(s), buy a resale HDB,
work here for 5 years.. can rent out liao..take the whole family back to homeland to live and work and collect rental here..a few years or tens years...when the authorities wake up... OK lol...sell lol and go back in homeland to enjoy life lol..
Btw, when PPs take up citizenship, they surrender their homeland
passport, right? How about their ID (NRIC)? surrender homeland
passport, go back there to live and work..if kena spot check..show
homeland ID ..:scared-1:
I have nothing against PRs or new citizen..but have to takecare
of our younger generation..at least help them to be comfortable
serving their first home loan..Thereafter, it is their decision what
they want later in their life..
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