it would definitely do but if the bank decides to hire you, i believe chances are good..

1. tt via bank, need sgd acct in msia
2. carry cash, can change to 10k notes

SG market is still very good for yield... now developers are offering 10-25% discount below launch price, especially foreign developers that are force to dispose before dateline or not they would be fine... if only u can meet the tdsr

terrace rm1.2mill, more exp best view rm5mill.. if it is your own boat 35 mins i think

1. smack right in orchard, you can get everything there, downside it being slightly further to office and getting a cab can be a pain
2. nearest, walking would take 15-20 mins.. if you get a unit facing the sea, you would get mbs/marina golf view... lots of food nearby, especially middle eastern n malay.. downside, hard to buy groceries
3. among the 3, maybe this is the one to skip since it is the furthest and all routes to workplace are extremely busy during peak hours, nothing all around.. only upside is it being in a quiet neighborhood...

i would go for no.2

u r welcome... find me ler i giv discount

notti boy spotted

depending on whether u wanna rent hdb or private room.. for hdb 2 year lease is 1 month depo, 1st month rent, 1 month agent fees..

it very much depends where in kaki bukit ind est also.. it is very big..

come i help, pm me ^^

anywhere that provide such service, any poly or hosp.. but do check with your coy as sometimes they have corp arrangements

i doubt msia is allowed..

generally no, but the HR of your previous company will have a lot of redundant work

PR by ICA, work by MOM

yeaps " 1 month depo, 1st month rent, 1 month agent fees"

yea, ind est, still big.. very hot to walk around on a sunny day... better to plan based on actual address

happi hunting btw, now is tenant's market..

sicne you're renting room not whole unit... 10-15k is enough.. mind you it is not much in sgd terms, dont forget you need 1-2 months expenses and also depo for bank, telco... etc etc

means market now is in your favor in terms of price and availability.. previously u dun meet owner's price, 2 days later gone..

well, we all have to go through that process... bring more, hv security... unless u hv credit card for emergency

yeaps..

hire 1st then help ^^

can giv disc for service fee.. cant give gift... against the rules

lol... one kiss can?

tq for sharing...

welcome to the club

not all banks work that way... some base it on daily avg bal.

dont forget those in the oil n gas field too..

well, if you're talking about natural resources... there's a whole supply chain to consider.. msia might have the upstream, but dont forget the more profitable section you capture the better well off you would be... doesnt mean you have more of the raw material you would make more $$$

1. you can still buy property in sg without buyer's stamp duty... if u have cash even no worries, if u take loan as long as you can meet the tdsr then that's fine...
2. for msia properties, segmentation is very important.. compared to sg, msian property data is insufficient, therefore finding the right type of property at the right area at the right px is important...

well, it depends on individual.. some is not just for yourself but family as well... for me most important is to give myself options.. msia, sg, aus, nz are among my choices... until i hv a family i wont commit yet

do you have a family?

well, you can always return to msia under the mm2h prog

well, now there's VEP on the msia side as well....

if you have a family, that plays a big part in making your decision and i would say a wise one.. would have followed your path too... is your spouse a singkie too?

you can add this to the pros;

1. buying hdb, dbss, ec with grants / bto
2. special allowances, like pioneer gen.. etc

msian embassy disowning you? you would have sg embassy then... you would be surprise how wide is sg's diplomatic network vs msia's wisma putra around the world....

well, education is a big part, property is cyclical so benefit isnt really there...

do you have to return your mykad? maybe show your msian driving license?

would you even want to buy or even stay at msia low cost housing estate?

hmm, you should hv remain a bolehlander but oh well, doesnt matter.. nah, for some1 with you with so much root in singkieland doubt they would take your pr away unless u committed a serious crime.. paranoid? no, you're a siingkie in the making now you're officially 1... kiasi kiasu

true, they treat u much better if u r a singkie.. except in msia where they try to rip u off..

nah, not exactly jsut that it is harder or impossible to go beyond certain paygrade..

resi sg cannot commercial can.. resi for stay not investment.. d idea is to buy commercial for resi use.. service apartment ^^

flip when mkt is going up! now cannot flip.. flip during subsale not resale..

doubt would hv much impact.. the poor ones are using public transport, so no diff.. the rich ones can afford... the middle income ones are the ones that might consider..

hard to earn? yield as high as 12%... well, u pass on to the management to do it for u.. wont be fixed every month but returns are good... tied to hospitality industry aka hotel...

not all commercial can be made into a service apartments..

nope, those kind of scheme is BS.. sry to say that, to me it is like a business trust but with no transparency and openness, correct me if i am wrong.. they giv u crappy dates to stay and 'try' to rent it out during peak periods.. usually at resorts.. that way with a combination of staying and yield, u cant really calculate your return.. if i wanna invest into hospitality either i buy into their reits or business trust listed on SGX, not in some funny instrument/product not subject to audit or even MAS scrutiny *heard lots of complains

let me give u guys an example.. have you heard of ps100 by far east? walking distance from, TJP mrt?

http://www.propertyfareast.com/ps-100/

was offered at sgd3000psf @ 560psf ... my friend works at far east, so the price was after 8% staff discount and we got to choose unit without balloting.. as soon as far east top management snapped up 40 units out of 100 during prvt placement, we called a few friends to buy a unit.. but in the end failed cause 1 chicken out.. anyway

this project is extremely unique.. bottom is a 5* hotel, on top are boutique commercial units.. hotel is oasia by far east hospitality.. the commercial units above are for sale.. residence get to use full facilities of the hotel..

rental is expected to be at grade a+ office pricing, sgd 12psf, higher than mbfc.. expected to reach sgd15psf at current mkt situation.. http://business.asiaone.com/news/premium-g...-keep-rising-q1

we take sgd 12 * 560 * 12 = 81k p.a. around 4.8% yield, commercial borrowing rate lets say 2.5%, nett return 2.3%

minus agent fee, 3% buyer duty, lawyer, prop tax, loan... etc etc... lets say bad bad 1.5% nett return... dont forget this is ROA 1.5% nett, imagine the ROI.. initial cash outlay 10%? 20%? forgotten how much it was... then ROI is around 7.5%-15%

lets say u sign lease agreement for 2 years, then office rental drop.. u have the option of switching the unit to a residence, when ppl wanna stay short term, etc 1d-1w they stay at oasia hotel (going rate for similar size SGD 600++/night @ agoda), if not mid term 1w-6 months at the unit.. lets say command SGD500, you give management $100 to clean n manage booking per night, u get nett sgd400.. lets say management is bad they rent out only 20 days per month, still you get SGD 8k/month.. but of course this is not fixed and subject to ups and downs and gst

disclaimer: rough calculation not accurate

btw, no units are for sale anymore.. all snap up 3 years ago liao

the building is already designated for commercial with dual purpose, approved by URA.. facilities for both purpose is already there.. that's why SGD3300psf.. management is the one providing such a service.. the place already designated as commercial, high traffic is already expected but of course not all business are allowed..

=.=" why la compare with those no name.. we are talking bout sommerset, ascott, fraser, shangrila, far east standard.. not hdb commercial make-shift residence/hostel... understanding market segmentation is important..

office, shops are still commercial.. there're small units around.. but current demand is at grade-a offices which is nearly impossible to buy, that's why ps100 is gold.. no, service apartment is not residential, it is commercial.. i think u get mixed up with the terms

condo is residential (min 6 months), out of the question already since it is subject to absd.. we are talking bout commercial.. that's why i gave ps100 as an example where you can just buy 1 unit without the trouble of managing it yourself, fareast is offering to manage it.. well, anyway dont think there would be similar projects like that anymore, developers are keeping all the goodies for themselves now

rental guide;



hdb purchase guide;



more details;

http://www.channelnewsasia.com/news/singap...q2/1281568.html

depending on industry and coy, some are stricter than others... there're approvals below 3.3k

work pass = work permit,s-pass,e-pass ... even if you're not eligible for e-pass, holding a s-pass is also fine if you're freshgrad and is single..

wat u say.. am not going to argue, not selling nor buying ntg to gain... wanna report feel free to do so.. watever u think doesnt matter, the law is the law.. wanna argue go do it with fareast.. i dont rep them

u wanna flip prata, flip telor, flip pisang go ahead.. not interested, just sharing info.. u take commission u get fined.. i say rental as office is 12psf, u twist n say 10k that's your prob.. give u clap

neway, anyone going NDP this year?