PAP helps 1st-time HDB buyers woh.....

[makapaaa]

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Coffeeshop Chit Chat - PAP helps 1st-time HDB buyers woh.....</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">kojakbt22 <NOBR>

</NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Feb-18 7:36 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 9) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>7481.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD>Feb 19, 2009
FOR YOUNG COUPLES
</TD></TR><TR><TD><!-- headline one : start --></TD></TR><TR><TD>First-time flat buyers get more aid

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Ms Ang and Mr Chan get an extra $10, 000 to help buy a flat, with the tweaks to the eligibility criteria for housing grants.
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FINANCE assistant Ang Li Shan, 27, and her fiance Alex Chan, 35, have enjoyed a double dollop of good news in their quest to buy a flat.

Last month, before the Budget, they asked the Housing Board about buying a three-room resale flat. They were thrilled to learn that if they bought a flat near Ms Ang's parents', they would get a $40,000 HDB grant.
Now with the Budget comes more good news. As first-time home buyers with a combined income of less than $5,000, they will get an extra grant of $10,000. The earlier $4,000 income ceiling had ruled them out.
'The raising of the income ceiling is great news,' said Ms Ang. 'Given the uncertain times, we want to keep our loans as low as possible.'
WHAT'S NEW IN THIS BUDGET
For first-timers buyers of HDB flats, there will be tweaks to the Additional CPF Housing Grant (AHG), with the maximum amount now raised by $10,000. Buyers must be continuously employed for at least a year instead of two. The income ceiling will be raised to $5,000 a month.
Home owners facing financial problems can also defer monthly HDB loan repayments for up to six months and reduce the monthly repayment amount.

A new interim rental housing scheme will enable home owners to sell their HDB flats and buy new, smaller flats. While these are being built, they can move into rental flats priced below the market rate
For new home owners, the Government will lift the supply of studio apartments, two- and three-room flats to add to 4,800 such units now available.
From next month, older Singaporeans can benefit from a Lease Buyback Scheme which will allow those in three-room or smaller flats to sell the tail end of their lease back to HDB and still stay in their flats. [email protected]

</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt noWrap width="24%"> Options</TD><TD class=msgrde noWrap align=middle width="50%"> Reply</TD><TD class=wintiny noWrap align=right width="25%"> </TD></TR><TR><TD class=msgbfrbot> </TD><TD colSpan=3> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

<!--PostMsgHTML--><SCRIPT language=JavaScript><!--if (adPosition == 1){ showGoogle(); }//--></SCRIPT><!--/PostMsgHTML--><!--PreMsgHTML--><!--/PreMsgHTML--><TABLE class=msgtablealt cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">SGNEWSALTE <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Feb-18 7:41 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">kojakbt22 <NOBR> </NOBR></TD><TD class=msgNum noWrap align=right> (2 of 9) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>7481.2 in reply to 7481.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>The govt is trying hard to push as many into debt as possible. The extra grant given can only cover a fraction of the price increases on HDB flats. This young couple like many are conned by all the propaganda shit from 154th.</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[red amoeba]

what the fuck difference is there? Buy resale ? Like that i raise my asking price by another 10K loh...no difference what.

if government really want to help 1st time buyers - they shld immediately offer 10K off new HDB flats or better yet - offer HDB loans of 1.5% or 1%. This is more effective in promoting young people to form families.

 

[denzuko1]

I wonder why people would want to buy a house when they got problem affording it during a bad time?

That being asked, why the garment waste money to subsidise HDB purchase? They can simply reduce the selling price and Volla! no need for subsidies! It is much better that they support the more essential stuffs like food, transport, and neccessities. House is more of a luxury and if you still cannot afford it yet, stay with you parents.

 

[visitor]

We cannot deny the fact that all first time buyers make huge & tidy some of money.

All my friends make money.

 

[DOM the Clown]

what the fuck difference is there? Buy resale ? Like that i raise my asking price by another 10K loh...no difference what.

if government really want to help 1st time buyers - they shld immediately offer 10K off new HDB flats or better yet - offer HDB loans of 1.5% or 1%. This is more effective in promoting young people to form families.

Nah! Even that HDB is not qualified to call itself a Public Housing Board. The price stil SUCKS! And the concept of Market Subsidy *PUKE!!!!*.....SUCKS EVEN MORE!!!

 

[Papsmearer]

they will get an extra grant of $10,000[/B]. The earlier $4,000 income ceiling had ruled them out.
'The raising of the income ceiling is great news,' said Ms Ang. 'Given the uncertain times, we want to keep our loans as low as possible.'
WHAT'S NEW IN THIS BUDGET
For first-timers buyers of HDB flats, there will be tweaks to the Additional CPF Housing Grant (AHG), with the maximum amount now raised by $10,000. Buyers must be continuously employed for at least a year instead of two. The income ceiling will be raised to $5,000 a month.
Home owners facing financial problems can also defer monthly HDB loan repayments for up to six months and reduce the monthly repayment amount.

A new interim rental housing scheme will enable home owners to sell their HDB flats and buy new, smaller flats. While these are being built, they can move into rental flats priced below the market rate
For new home owners, the Government will lift the supply of studio apartments, two- and three-room flats to add to 4,800 such units now available.
From next month, older Singaporeans can benefit from a Lease Buyback Scheme which will allow those in three-room or smaller flats to sell the tail end of their lease back to HDB and still stay in their flats. [email protected]

QUOTE]

This kind of stupid cow dare to call herself a finance assistant. Wah lau, what company is hiring her? These 2 idiots are about to get themselves in a shitload of debt for fuck? Grants do not make any diff, neither does all these stupid little schemes for the govt. to sell flats. As a finance assistant, she should know that monthly living expense like rent for her HDB must come from
working income, and not retirement income like CPF. But the main thing these 2idiots don't understand is that they are not buying the flat. they are tenants renting it for 99 years on a pre paid rent. better to stay at home with their parents.

 

[Lestat]

When banks are charging rates higher than the normal rates on SIBOR, what is 10K savings?

 

[2lanu]

Even at this crisis the white scum still want to suck more blood from the people! :oIo: