Author Archives: albertlu

Notification of changes to loan details for bank loan – Property for rent Singapore

Notification of changes to loan details for bank loan – Property for rent Singapore A member who has used CPF for the flat and his financier are required to notify the Board of the following: Property for rent Singapore. a) … Continue reading

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CPF withdrawal limits for flat with a remaining lease of at least 60 years for bank loan- Singapore property for rent

CPF withdrawal limits for flat with a remaining lease of at least 60 years for bank loan- Singapore property for rent The lumpsum CPF withdrawn plus the loan taken for the purchase of the flat cannot exceed the CPF Valuation Limit … Continue reading

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Use of CPF for HDB bank loan – Singapore property for rent

Use of CPF for HDB bank loan – Singapore property for rent A member is allowed to withdraw his CPF Ordinary Account (OA) savings under the Approved Housing Schemes for: Singapore property for rent. a) Direct payment of purchase price … Continue reading

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Recipient of CPF Monies – Singapore property for rent

Recipient of CPF Monies – Singapore property for rent Any withdrawal made by a member shall not be paid to the member but shall be paid direct to the Housing and Development Board, Town Councils or such other entity as the Board … Continue reading

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Monthly repayment for HDB loan – Singapore property for rent

Monthly repayment for HDB loan – Singapore property for rent The amount of CPF savings to be withdrawn each month for instalment payments shall not exceed the amount required for the monthly repayment of the HDB housing loan. Singapore property for rent. … Continue reading

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Withdrawal Limit for Purchase of a Resale HDB Flat – Property for sale Singapore

Withdrawal Limit for Purchase of a Resale HDB Flat – Property for sale Singapore The total CPF savings which a member can withdraw to buy a resale HDB flat is subject to the Valuation Limit (VL) as determined by the CPF Board. … Continue reading

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Use of CPF to purchase HDB flats with HDB loan – Property for sale Singapore

Use of CPF to purchase HDB flats with HDB loan – Property for sale Singapore A member is allowed to withdraw his Ordinary Account savings under the Scheme for: Property for sale Singapore. a) Direct payment of purchase price of the … Continue reading

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Progressive Property Tax Rates for Owner-Occupied Residential Properties – Property for sale Singapore

Progressive Property Tax Rates for Owner-Occupied Residential Properties – Property for sale Singapore As announced in Budget 2013, the progressivity of the property tax structure for owner-occupied residential properties will be enhanced through the introduction of additional tiers of tax rates … Continue reading

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Help families to live closer – HDB flats for sale

Help families to live closer – HDB flats for sale The Minister for National Development, Khaw Boon Wan announced that the Government is taking steps to further help families live close to one another. This follows feedback and suggestions received … Continue reading

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Private residential statistics 3Q14 – Singapore property for sale

Private residential statistics 3Q14 – Singapore property for sale Prices of private residential properties decreased by 0.7% in 3rd Quarter 2014, following the 1.0% decline in the previous quarter. This was the fourth straight quarter of price decline. Singapore property … Continue reading

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Progressive Property Tax Rates for Non-Owner-Occupied Residential Properties – Singapore property for sale

Progressive Property Tax Rates for Non-Owner-Occupied Residential Properties – Singapore property for sale As announced in Budget 2013, a six-tier progressive property tax rate structure will be introduced for non-owner-occupied residential properties to increase the progressivity of the property tax structure. … Continue reading

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Checking the Option Exercise Fee Cheque – HDB flats for sale

Checking the Option Exercise Fee Cheque – HDB flats for sale Facts of Case The Respondent represented the seller in the sale of his HDB flat (‘Property’). After viewing the Property, the buyer and his father (the Complainant) decided to purchase … Continue reading

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Bringing Disrepute to the Real Estate Industry – HDB flats for rent

Bringing Disrepute to the Real Estate Industry – HDB flats for rent Facts of Case The Complainant had enquired with the Respondent about his advertisement for the rental of a HDB flat (‘Flat’). HDB flats for rent.

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Failing to declare conflict of interest – HDB flat for sale in Singapore

Failing to declare conflict of interest – HDB flat for sale in Singapore Facts of Case The Respondent acted for the buyers in their purchase of a HDB flat (‘Property’). The Respondent did not disclose to her clients that one of … Continue reading

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Misleading Potential Tenants – Singapore HDB flat for rent

Misleading Potential Tenants – Singapore HDB flat for rent Facts of Case The Respondent represented the buyers of the seller’s former HDB flat (‘former flat’). The seller needed to rent a HDB flat for her family to stay before they could … Continue reading

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Advertising Property Without Owner’s Consent – Singapore HDB flat for sale

Advertising Property Without Owner’s Consent – Singapore HDB flat for sale Facts of Case An owner of a HDB flat had granted an estate agent exclusive authority to sell his property. The estate agent posted a classified advertisement in the Straits … Continue reading

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Misleading Co-broke Salesperson – Singapore property for sale

Misleading Co-broke Salesperson – Singapore property for sale Facts of Case The seller (complainant) appointed the Respondent on an exclusive basis to sell her property and agree to pay her a commission of 1.5% of the price upon a successful sale … Continue reading

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Sale of Executive Condominium (EC) in open market – Property for sale Singapore

Sale of Executive Condominium (EC) in open market – Property for sale Singapore Overview Executive Condominium (EC) was introduced to cater to Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property to … Continue reading

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Final HUDC Estate Designated for Privatization – Singapore real estate agency

Final HUDC Estate Designated for Privatization – Singapore real estate agency Braddell View, a HUDC Estate, has been designated for privatization. It is the last of 18 HUDC estates to be announced for privatization. Singapore real estate agency.

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Revision of Development Charge Rates – Singapore property for sale

Revision of Development Charge Rates – Singapore property for sale The Ministry of National Development has revised the development charge (DC) rates for the period from 1 September 2013 to 28 February 2014. The review is carried out on a half-yearly … Continue reading

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