Comments for Singapore Loan Info

Comment on How Can I Cancel My Contract With Property Agent? by Agent

Agent — Sat, 11 Feb 2012 02:36:02 +0000

There is no way to cancel the contract but you can take the house off of the market for the remaining portion of the agreement. If the house is eventually sold to anyone that the first agent showed the property to, you will still have to pay him a commission even after the 3 month contract runs out.

Comment on Are there Personal Loans for Teenagers in Singapore? by Valarie

Valarie — Mon, 26 Dec 2011 03:28:49 +0000

I don’t think any bank offers personal loan to teenagers in Singapore. You must be 21 years & above for such personal loan. Apart from age, banks also check your gross annual income before approving fast personal loan.

Comment on How Long is An Approval For A Car Loan Through a Credit Union Remain Effective? by Franco

Franco — Tue, 12 Jul 2011 12:20:36 +0000

On your original loan approval letter it should contain the details of the offer terms.
These normally include: Amount; Length of time of loan; Monthly repayment amount; Offer validity; Purpose of loan; Any further conditions.
So, on your offer letter you should find the expiry date of the offer.

If the loan is still valid, you may not be able to use for your new reason if it specifies that it was only valid for the ie.Honda Accord that you were going to buy.

Comment on When is the best time to buy HDB? by wetland

wetland — Tue, 05 Jul 2011 03:48:03 +0000

There’s no correct, wrong or ideal time to buy a HDB unit. With the new ruling, it doesn’t mean HDB units prices will also drop drastically. A lot depends on whether you have enough money. If through your calculation and budget, the answer is yes, then do it.

Property prices fluctuates and subjected to various factors. Area, available amenities, land lease type, valuation,…etc. Example : a 3-room condo in end of Lim Chu Kang (nearby cemetery) can be cheaper than a 3-room HDB flat in end of Boon Lay.

Property prices won’t come down in the short term as there are more foreigners expected to “invade” Singapore and these affects the price as when there is demand but supply is limited, price will remain high. Many foreigners already here will also take the opportunity to apply PR and compete with Singaporeans for HDB re-sale flats. That also contributes to higher property prices.

If you desperately need to buy a house, then don’t wait. Just choose the area you want and grab it if you can afford it. But if you’re looking for investment only, get a reliable property agent, listen and compare. Websites are another source for you to do comparison.

Buying a house is a very personal matter and you’re going to live in it. Don’t let anyone lead you by the nose. Good luck.

Comment on What Are The Dog Breeds Approved For HDB Residential Flats? by wizjp

wizjp — Wed, 23 Mar 2011 13:02:34 +0000

The following dog breeds are allowed for HDB flats:-
1. Affenpinscher
2. Australian Silky Terrier
3. Australian Terrier
4. Bichon Avanese
5. Bichon Frise
6. Border Terrier
7. Boston Terrier (Light and Middleweight)
8. Bohemian Terrier
9. Bolognese
10. Brussels Griffon (Griffon Bruxellois)
11. Cairn Terrier
12. Cavalier King Charles Spaniel
13. Chihuahua
14. Chinese Crested Dog
15. Chinese Imperial Chin
16. Chinese Temple Dog (Classic and Miniature)
17. Coton de tulear
18. Czech Terrier
19. Dachshund (Light and Miniature)
20. Dandie Dinmont Terrier
21. English Toy Spaniel
22. German Hunting Terrier
23. Griffon Belge
24. Griffon Brabancon
25. Hairless Dog
26. Italian Greyhound
27. Jack Russell Terrier
28. Japanese Spaniel (Chin)
29. Japanese Spitz
30. Lakeland Terrier
31. Lhasa Apso
32. Little Lion Dog
33. Maltese
34. Manchester Terrier
35. Miniature Pinscher
36. Miniature Schnauzer
37. Norfolk Terrier
38. Norwegian Lundehund
39. Norwich Terrier
40. Papillon
41. Pekingese
42. Pomeranian
43. Poodle (Toy/Minature)
44. Pug
45. Schipperkee
46. Scottish Terrier
47. Sealyham Terrier
48. Shetland Sheepdog
49. Shih Tzu
50. Silky Terrier
51. Small Continental Spaniel
52. Small English Terrier
53. Small Spitz
54. Smooth Fox Terrier
55. Tibetan Spaniel
56. Toy Fox Terrier
57. Toy Terrier
58. Volpino Italiano
59. Welsh Terrier
60. West Highland Terrier
61. Wire-haired Fox Terrier
62. Yorkshire Terrier

Comment on What is The Rental of 1 Bedroom HDB Flat in Singapore? How to Find One? by LL

LL — Sun, 20 Mar 2011 11:37:51 +0000

If you are looking to rent 1 bedroom HDB flat, you have to rent direct from HDB because this is low cost housing for low income people. There are shortage of such flats available now because there is not enough supply.

You should call HDB first to find out if you are eligible to apply for a 1 room HDB flat. Website: http://www.hdb.gov.sg

Comment on What Are The Dog Breeds Approved For HDB Residential Flats? by lsl4x

lsl4x — Wed, 09 Mar 2011 13:19:28 +0000

Under the Housing and Development Board (Animals) Rules 1989, HDB allows only one dog of an approved small breed per residential unit. Failure to comply with this legislation can result in a fine of up to S$4,000 upon conviction.

Comment on What Are The Different Flat Model Available in HDB flats in Singapore and What Do They Mean? by Artoro, the Hat/Hdphone Spyman

Artoro, the Hat/Hdphone Spyman — Wed, 26 Jan 2011 04:34:57 +0000

Soapy U r Real good at it and give all already. I have only this to say…..HDB flats are sold only to Singapore Citizen or PR married to SC. The purchase is financed by CPF loan at fixed rate for instalements. There are qualification level of income for each type of flats….3 rms to 5 rms & Ex-flat. Only can purchase twice with subsidy.

Comment on What Are The Different Flat Model Available in HDB flats in Singapore and What Do They Mean? by Soapy_Raindrop

Soapy_Raindrop — Wed, 26 Jan 2011 04:10:53 +0000

HDB Flat Types & Models

Did you know that there are different HDB flat types?And within each flat type,there are varying models:

2 bedroom flat
Consists of 1 bedroom,kitchen & living room:

2 ‘I’ (Improved) 45 sqm/484sqft
2 ‘S’ (Standard) 41 sqm/441sqft

3 bedroom flat
Consists of 2 bedrooms,kitchen & living room:

3 ‘A’ (Modified) 90sqm/969sqft
3 ‘NG’ (Modified) 83sqm/896sqft
3 ‘A’ 75sqm/807sqft
3 ‘NG’ (New Generation) 69sqm/743sqft
(2 toilets, master bedroom with attached bathroom)
3 ‘I’ (Modified) 70sqm/750sqft
3 ‘S’ (Simplified) 65sqm/700sqft
3 ‘I’ (Improved) 60sqm/646sqft
(No attached bath,toilet & bath separated,no storeroom)
3 ‘STD’ (Standard) 54sqm/581sqft
(No attached bathroom/storeroom.Upgraded units have extra utility room or toilet)

4 bedroom flat
Consists of 3 bedrooms,kitchen & living room.

4 ‘A’ 105sqm/1130sqft
(2 bathrooms,master bedroom with attached toilet,storeroom)
4 ‘NG’ (New Generation) 92sqm/990sqft
4 ‘S’ (Simplified) 85sqm/914sqft
(2 bathrooms,master bedroom with attached toilet,storeroom)
4 ‘I’ (Improved) 83sqm/893sqft
(toilet & bath separated,no storeroom)
4 ‘STD’ (Standard) 73sqm/786sqft

5 bedroom flat
Consists of 3 bedrooms,kitchen,dining room,living room & storeroom.
Master bedroom comes with attached bathroom.

5 ‘A’ 135sqm/1453sqft
5 ‘I’ 123sqm/1313 sqft
5 ‘S’ 121sqm/1300sqft

Executive flat

EA (Exec Apartment) 141sqm/1518sqft (single story)
EM (Exec Maisonette) 145sqm/1560sqft
(double story, 3 bedroom/bath upstairs, balcony+additional room)
MG (Multi-Generation) 165sqm/1776sqft

Comment on Buying 2nd-hand HDB flat (in Singapore)? by unnga

unnga — Thu, 30 Dec 2010 11:40:51 +0000

Auctions are for high price property with high reserve price. Many tenders fail as a result. Bank have an army of real estate agents. Their job is to obtain the highest price for the bank benefit. But maybe if you known someone is the credit department and is dying to tell us about it?