Oic. i think i understand about the term co-broke, thanks deodorant.

So with agent better or without agent better?

http://sg.finance.yahoo.com/news/em-asia-f...-070254796.html

expects the Singapore dollar to stay around 2.51 versus

the ringgit by the end of the year, although it may head to 2.55

before that.

We think the same thing as well

OMG...i cant stop smilling ...

...high exchange rate is good..hehe..going to exchange it soon..

especially the new generations. one will be very surprise when have some chat with them comparing to MY malays.
some even can speak and understand some simple chinese dialects. some already relax practising their culture and religion and not like MY malays...

This post has been edited by ch_teo: Jul 11 2012, 05:01 PM

yeah...much more moden
but too bad most of the teenagers already smoking ...sorry ...a bit off topic ..

They still practising their culture + other things as well.

Easier to mix with them.

Yeah, suppose to be good news but unfortunately, I got some savings and rental income in Msia that i remit back to SGD. Rate not that good.

This post has been edited by chess_gal: Jul 11 2012, 05:34 PM

at least you have rental income by having property
...most of us
apa pun takdak ...



cheer up !

is me again, already 4 month working here....
but recently a lot of policy from sg government restrict FT/FW/PR.

Previously i plan to get the PR, but now PR like no use already....
erm.....is it the right time back 2 malaysia?
Since anwar confident that take over the malaysia......??

I should come 2 sg few years back but not now...it seems i had make a mistake

HDB steps up enforcement against PR Subletting Under regulations which take effect on Wednesday, Housing Board flat owners who are permanent residents will no longer be able to sublet their flats for an indefinite period of time.

Presently, flat owners who are Singapore citizens and permanent residents are allowed to sublet their flat after the minimum occupancy period. The approval is granted for a maximum of three years per application, and owners can apply to renew the period of subletting upon the expiry of each three-year period, said a Housing Board spokesman on Wednesday morning. There is also no cap on the number of renewals and the total period of subletting, he added.

Under the revised rule, permanent residents will only be allowed to sublet their flat if they have not done so before. The approval will be granted for a year only, instead of three years. Upon expiry of the one-year period, the application to extend the approval will be assessed on a case-by-case basis and approval will be granted only if there are extenuating reasons, said the spokesman.

The total period of subletting during the flat owners' entire duration of the flat ownership will be capped at five years.

This post has been edited by ntick: Jul 11 2012, 05:39 PM

How can you say PR is no use?? it still help you to get better job with better paid.

This post has been edited by yhoong12: Jul 11 2012, 05:41 PM

Thats hard earn money okay. But now that the ex-rate is so high, should consider investing in KL Commercial property. Last 3 years, Sgd wasnt that strong and I lose converting into MYR, now opposite pulak. With the volatile ex-rate, even make money in cap appreciation might also lose in conversion.

glad to know that you are doing
keep up the good invenstements....

me travel daily across de checkpoint
mau pengsan ..

PR - Pro
Get you a job and you can own ONE (first) private property without having to pay ABSD (additional buyer stamp duty).

Else, convert to Sg citizen, lotsa priviledge, grant from HDB, can own landed property, priority to school admission.

4 months on and you think of subletting?
good that you see far ahead, but bad you do not see the present.

like what yhoong mentioned, PR allows better work opportunity.
on top of that, CPF by employer.

to buy a HDB flat for PR, you need to be PR along with your spouse.
furthermore, the initial payment for buying a hdb is ...
until you have enough dough to cough up for the initial payment, it is still a few years down the road (well, unless you are loaded..but if you are loaded, go condo)

edit: forgot this is sublet
cannot sublet hdb, sublet condo lo.

This post has been edited by crazy25kid: Jul 11 2012, 05:56 PM

glad to know that you are doing
keep up the good invenstements....

me travel daily across de checkpoint
mau pengsan ..

yeah..my rough calculation..u will need around SGD100k CASH worth of dough....but then again...on the long long term..its still worth it..let your CPF pay for your monthly repayment...and one wouldn't need to come out with cold hard cash to pay for the monthly unit/room rental!!

How much % downpayment for getting a HDB/private condo?

I think with the rules effective, hardly got ppl able to follow it as you can see the demand for room rental is high and if the owner can't let out the room, the room rental will boost up higher due to increase in demand and decrease in supply. Besides, lot of sgrean earn their income base on sublet the room and if the rules not allow to do so, i can't imagine how will these impact to them, or even the whole sg.

Actually more than 100k if you buy anything more than 500k. 20% downpayment + 3% Stamp duty, 2.5k legal fee + 500 mortgage. And yes, let your CPF to clear the installment.