Ridiculous HDB Prices
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What is Pill C?
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The red pill.
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Could be the blue pill.
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Originally posted by Mr Milo:
What is Pill C?
A thing designed that is suppose to you help you, but when eaten at the wrong time can make you sick.
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Words of wisdom.
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8O A holy pill?
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Originally posted by ISTARI:
I just bought a new HDB flat in Yishun. Cost $370,000. But I'm staying in JB and intend to stay there forever. Gonna rent out the rooms or unit once its ready.
If you bought a resale hdb flat probably you can rent it out but if you bought a new BTO 4 rooms flat, its illegal to rent it out....unless you want to take the risk and when you are caught HDB will confiscate your new flat. -
Hdb flat residents all leasing flats from hdb.
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Dun let ur balls be squeezed, charlize :lol:
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Ouch.
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Originally posted by charlize:
Ouch.
huh...now then you Ouch?
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Well...hmmm...the legal technicality term of the HDB owner defination of still living in the HDB flat while the rooms were being sublet to tenants need to be define clearly. The owner got off the hook..that is a good precedence for other HDB owners to watch out.. HDB BACKS DOWN ON ACQUIRING FLAT; LEGAL CHALLENGE AVERTED A flat owner's bid to challenge the HDB's move to take back his five-room unit ended yesterday when the Housing Board told the High Court it will withdraw its notice of intent to acquire the flat. Mr Chew Teck Fatt in return agreed not to proceed with his judicial review application. Justice Woo Bih Li, who made no order on the application, ruled that HDB pay Mr Chew's legal costs at the closed-door hearing. Yesterday's turn of events staved off a potential landmark case on whether the decisions of the HDB and the office of the Minister of National Development can be the subject of judicial review. When contacted last night, Mr Chew, a 38-year-old company director, said he was about to leave for Taiwan in the morning with a "heavy heart" as this matter had caused him stress for about two years. But "I felt very relieved and happy when my lawyer Kirpal called me and said the case was withdrawn, just as I was about to board the plane". An HDB spokesman The Straits Times spoke to warned that the board "takes a serious view of any unauthorised subletting as HDB flats are primarily meant for owner occupation. "In this particular case, as additional information had surfaced after Mr Chew had filed his court application, we decided to give him the benefit of doubt... "This avoids unnecessary litigation in court and will save both time and costs for the court and all the parties concerned." Mr Chew had bought the resale flat along Bukit Batok Street 25 for $480,000 in 2010. The next year, he let out a room to a couple and then a second to a Taiwanese man whose child went to school here. In both cases, he had HDB's approval. But a probe by HDB officers, which included surveillance of the flat and interviews with the tenants, found that he was not living there. It is a longstanding HDB policy that where an owner does not stay in his flat during the period of subletting, this would be evidence that the whole unit was being rented out. Subletting an entire flat without approval is against the rules, and can lead to the HDB compulsorily acquiring the unit. But Mr Chew denied renting out the whole flat and claimed he kept the third room for his use. He also said that there were times when he worked late or stayed at his mother's place at Jalan Bahagia in Balestier. He made several appeals against the acquisition and said he sought his MP's help. When they all failed, he went to court, arguing that he had a right to be heard on all the evidence gathered. At issue in the case would have been whether there must be continuous physical occupation of the flat before Mr Chew can be said to have abandoned his interest in the unit and was wholly subletting it illegally. At yesterday's hearing, the court was informed that both HDB and the minister would notify Mr Chew in writing that they would not pursue their notice of intent to re-acquire his flat made in December 2011 and January 2012 respectively. The minister's decision is made after any aggrieved party appeals to his office in a compulsory acquisition notice by HDB. Justice Woo asked for copies of the letters to be deposited with the High Court registry, said lawyer Kirpal Singh on Mr Chew's behalf. Source: The Straits Times http://newlaunch-sg-my.com/Singapore_Property_News.html
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Originally posted by sgdiehard:
huh...now then you Ouch?
Why cannot?
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Originally posted by zulkifli mahmood:
Well…hmmm…the legal technicality term of the HDB owner defination of still living in the HDB flat while the rooms were being sublet to tenants need to be define clearly. The owner got off the hook..that is a good precedence for other HDB owners to watch out..
HDB BACKS DOWN ON ACQUIRING FLAT; LEGAL CHALLENGE AVERTED
A flat owner’s bid to challenge the HDB’s move to take back his five-room unit ended yesterday when the Housing Board told the High Court it will withdraw its notice of intent to acquire the flat.
Mr Chew Teck Fatt in return agreed not to proceed with his judicial review application. Justice Woo Bih Li, who made no order on the application, ruled that HDB pay Mr Chew’s legal costs at the closed-door hearing.
Yesterday’s turn of events staved off a potential landmark case on whether the decisions of the HDB and the office of the Minister of National Development can be the subject of judicial review.
When contacted last night, Mr Chew, a 38-year-old company director, said he was about to leave for Taiwan in the morning with a “heavy heart” as this matter had caused him stress for about two years. But “I felt very relieved and happy when my lawyer Kirpal called me and said the case was withdrawn, just as I was about to board the plane”.
An HDB spokesman The Straits Times spoke to warned that the board “takes a serious view of any unauthorised subletting as HDB flats are primarily meant for owner occupation.
“In this particular case, as additional information had surfaced after Mr Chew had filed his court application, we decided to give him the benefit of doubt… “This avoids unnecessary litigation in court and will save both time and costs for the court and all the parties concerned.”
Mr Chew had bought the resale flat along Bukit Batok Street 25 for $480,000 in 2010. The next year, he let out a room to a couple and then a second to a Taiwanese man whose child went to school here. In both cases, he had HDB’s approval.
But a probe by HDB officers, which included surveillance of the flat and interviews with the tenants, found that he was not living there.
It is a longstanding HDB policy that where an owner does not stay in his flat during the period of subletting, this would be evidence that the whole unit was being rented out. Subletting an entire flat without approval is against the rules, and can lead to the HDB compulsorily acquiring the unit.
But Mr Chew denied renting out the whole flat and claimed he kept the third room for his use. He also said that there were times when he worked late or stayed at his mother’s place at Jalan Bahagia in Balestier.
He made several appeals against the acquisition and said he sought his MP’s help. When they all failed, he went to court, arguing that he had a right to be heard on all the evidence gathered.
At issue in the case would have been whether there must be continuous physical occupation of the flat before Mr Chew can be said to have abandoned his interest in the unit and was wholly subletting it illegally.
At yesterday’s hearing, the court was informed that both HDB and the minister would notify Mr Chew in writing that they would not pursue their notice of intent to re-acquire his flat made in December 2011 and January 2012 respectively. The minister’s decision is made after any aggrieved party appeals to his office in a compulsory acquisition notice by HDB.
Justice Woo asked for copies of the letters to be deposited with the High Court registry, said lawyer Kirpal Singh on Mr Chew’s behalf.
Source: The Straits Times
Does the hdb flat actually belong to you?
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Hmmm...99 years HDB flat leasing from the government...so is that too short or too long. Its like the British leasing HongKong from The People Republic Of China and now the British has return HK to them. One country but two systems. Does it really work?
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Originally posted by charlize:
Why cannot?
HDB lease their flats all along, balls have been squeezed since day 1, apparently you never the pain of balls being squeezed until somebody told you..hahaha
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Originally posted by zulkifli mahmood:
Hmmm…99 years HDB flat leasing from the government…so is that too short or too long. Its like the British leasing HongKong from The People Republic Of China and now the British has return HK to them. One country but two systems. Does it really work?
99 yrs, 999 yrs and freehold lease are all british system, you have the right of land use for the tenure period. These land parcels are within the country, and is governed by the law of the country.
HK was returned to China, as China recognized the original lease agreement, even when it is signed with canon pointing at their head. Whether one country two system works or not, it is China to decide.
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Originally posted by sgdiehard:
HDB lease their flats all along, balls have been squeezed since day 1, apparently you never the pain of balls being squeezed until somebody told you..hahaha
Ouch.
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Originally posted by zulkifli mahmood:
If you bought a resale hdb flat probably you can rent it out but if you bought a new BTO 4 rooms flat, its illegal to rent it out....unless you want to take the risk and when you are caught HDB will confiscate your new flat.i think resale flat also have MOP before you can rent out.
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Originally posted by charlize:
i think resale flat also have MOP before you can rent out.
Yeah, you're probably right charlize. How long is the MOP before you can rent out the rooms of that resale flat? -
Originally posted by zulkifli mahmood:
Yeah, you're probably right charlize. How long is the MOP before you can rent out the rooms of that resale flat?3 to 5 years I think.
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Ok thanks.
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I see many Singaporeans are tempted to buy private condos in Singapore and many housing agents tried to make Singaporeans sell their HDB flats to buy private condos in private development sites too. If the buyers are not cafeful they may ended up being bankrupt. Singapore economy is very vulnerable and uncertain. Don't be tempted by the housing agents or those condominium advertisements you see on TV in Singapore. ****************************************************** I saw many Singaporeans fell down in the past from great height like spoil fruits…and recently early 2013 I met one young man in a coffeshop near woodlands checkpoint. He was a HR Manager and bought a condominium…then he was retrenched…now a bankrupt and no HDB flat. It also happened to two of my working colleagues in the past. One upgraded his HDB flat from a four rooms HDB flat to a five rooms HDB flat in 2003 or 2004, then recession came and he was retrenched. He lost his 5 rooms HDB flat. The other one same thing, upgraded his flat to from a four rooms HDB flat to a five rooms HDB flat, then the global monetary crisis came in 2008, he was retrenched, lost his five rooms HDB flat and a bankrupt now. http://sgforums.com/forums/3317/topics/466735?page=2