sure seems like it.

btw completion of purchase normally is around 2 months after you sign the OTP

This post has been edited by jhcj: Dec 21 2011, 12:01 PM

Unless you buy properties with cash, they can simply pull ur financial record and they will know.
That is why, they give you 6 months to sell off....that also you need to show them proof of sale.

Many said they not able to check. But do you really sure they cant check??? In my opinion, it is the question whether they want to check or not. If the govt want to check, i guess it is not hard to find out some, may be not all. May be many will tip off to the govt if they launch a tip-off programme which for every success of a tip-off, there will be a reward of SGD 100k or 15% of the HDB price....

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Added on December 21, 2011, 12:59 pmTrue, with Malaysia Bank Negara, just simply print the CCRIS report, you will be able to see any properties still under loan. For those properties bought by cash or finished installment, may be land office have the data????? In other countries, may be they also have similar data or records.....

This post has been edited by Tigerr: Dec 21 2011, 12:59 PM

just sharing a recent case my fren did, the hdb officer tell my fren they cant check
secondly thats why they need the proof of sales, cause they cant check
is a risk and is your choice, i am not encouraging other to follow
future how they want to do it, nobody know

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Added on December 21, 2011, 2:09 pmsgd110k , thinking since most my weekend i spend in KL
strategy change , might just get a honda airwave in singapore around sgd50k , and crz in KL

This post has been edited by ivanswk: Dec 21 2011, 02:09 PM

cars are not a priority for me now, they are so expensive!

or rather, the COE is so expensive!

yes, u cannot check as of now whether u hold any properties or not IF you have finished paying ur loan.
but if u are still paying ur loan, obviously u still own that property right?
proof of sales is to show that u have disposed off your property, more for those who declared having property and have to sell it off within 6 months.
yes...u can go ahead and risk it at ur own choice.

some company do reimburse allowance for the $20 VEP. Other who don't just have to share the burden, etc carpool ?

IRAS has revised the tax rate for 2012. I've wrote a simple online calculator to calculate personal income tax. Feel free to use it and give me your feedback, if you guys found any miscalculation please let me know.

http://tax.chenhow.net

bear in mind it will be more expensive at least after CNY

no worries. dont plan to get a car any time soon. dont see the need for one at the moment.

What is the drawback for driving Singapore car back to Johor?

Imigresen will tax?

The only thing I can think of is Singapore cars are big targets for car theft.

If you and your wife are working in Sg. you don't want your landlord become rich la..

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Added on December 21, 2011, 7:37 pmthey cannot trace our properties overseas la.. my indo friend got property in indo but still bought HDB in singapore. the cost to search someone property> the benefit they will have.

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Added on December 21, 2011, 7:48 pmhttp://sgforums.com/forums/10/topics/442642

if you're paid less than S$3,449 better don't come to sg.


This post has been edited by Materazzi: Dec 21 2011, 07:48 PM

I've been driving in and out of JB for so many years. no problem so far? stay low profile, dun lcly and any how throw ur SGD$

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Added on December 21, 2011, 8:30 pmwhat your friend did is his own problem. Still it's against the HDB regulations. That's what the ppl need to know.

This post has been edited by Mackiddo: Dec 21 2011, 08:49 PM

Most laws of this type don't try to catch ALL offenders. Like speeding and drunk driving, the authorities will only penalise the offenders that conveniently fall into their grasp - but the few that they do go after, they'll make sure the penalty is so heavy that it serves as a deterrent to other potential offenders.

I hope your Indon friend doesn't offend anyone who is in a position to provide evidence against him.

This post has been edited by seantang: Dec 21 2011, 09:31 PM

Singapore law can be very tough on you.

Play with it at your own risk.

what's important is the depreciation... old 7-series pawns crz anytime
my colleague did it, she was told to sell her jb house in 6 months time.. she tried transferring name but fail cause still under loan.. so she appeal to hdb since her mum is still staying there... cannot sell cannot transfer... hdb gave her allowance i believe
i shared a more comprehensive calc already, its on d 1st page

[quote=Mackiddo,Dec 21 2011, 08:28 PM]
I've been driving in and out of JB for so many years. no problem so far? stay low profile, dun lcly and any how throw ur SGD$

Bro mackiddo,
U drive s'pore car?

Yeah.

This post has been edited by Mackiddo: Dec 21 2011, 11:33 PM

but since u staying in JB, why not buy MY car?

coz I'm a PR. Then again I bought my car like 3 to 4 years back when the COE is only around SGD$12k. With that COE price, the different $ between Sg and Msia car is not much different. Furthermore I already have a Msia car which my wife is using.
When I move to Sg then only I sold off the Msia car. I find it a bit inconvenience without a car, even in Sg

This post has been edited by Mackiddo: Dec 22 2011, 12:05 AM