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
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
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limits for flat with a remaining lease of at least 60 years for bank loan- Singapore property for rent The lumpsum CPF withdrawn plus the loan taken for the purchase of the flat cannot exceed the CPF Valuation Limit … Continue reading
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
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
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Monthly repayment for HDB loan – Singapore property for rent The amount of CPF savings to be withdrawn each month for instalment payments shall not exceed the amount required for the monthly repayment of the HDB housing loan.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
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
Use of CPF to purchase HDB flats with HDB loan – Property for sale Singapore
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
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
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
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
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
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.
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
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
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
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
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
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.
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