Nov 2012 BTO

[lampano]

Goodness, there are still folks thinking that GE votes will affect the BTO balloting results?

So meaning 40% of the Spore population will be penalized for BTO, schools, career, scholarship, sponsorship etc etc

 

[UpperCut]

Woa, please don't take my comments so seriously!
There is no facts to justify if the ballot no depends on who the main applicant is. I'm just saying you could try.

Similarly, many people are saying that they have gone to temples to pray and ended up with a good ballot no. Its not a guarantee as well

 

[rackun]

Goodness, there are still folks thinking that GE votes will affect the BTO balloting results?

So meaning 40% of the Spore population will be penalized for BTO, schools, career, scholarship, sponsorship etc etc

haha, initially I also thought the same but now I think it is pure coincidental.

 

[slothbal]

Woa, please don't take my comments so seriously!
There is no facts to justify if the ballot no depends on who the main applicant is. I'm just saying you could try.

Similarly, many people are saying that they have gone to temples to pray and ended up with a good ballot no. Its not a guarantee as well

Anyhow, uppercut thanks for the suggestions. Will try!! =)

 

[yoohoo]

Woa, please don't take my comments so seriously!
There is no facts to justify if the ballot no depends on who the main applicant is. I'm just saying you could try.

Similarly, many people are saying that they have gone to temples to pray and ended up with a good ballot no. Its not a guarantee as well

U will never know if someone is praying for u..

 

[stitchy08]

Hi, anyone can guess the price of 4 room at tpy? The one nearer to braddel mrt. cos need to do some budgeting.

 

[kippei]

think smelly smelly 480-500k above if you see the sale of balance flat available around that area.

 

[Ixnay]

Good that the loan can be considered with your wife's age, just try and stretch the tenure as long as possible.

I was reading your post in the previous page, you mentioned that you are a current owner of a flat yet you will be applying as 1st timer ?

Yup, I'm a first timer cos my current flat is a resale... And I've not taken the grant for this place, so I'm considered a 1st timer...

 

[yoohoo]

think smelly smelly 480-500k above if you see the sale of balance flat available around that area.

5 room near braddell mrt is selling at 900k plus for 10+ level...

once got two dates for selection for July n sep, still can apply for nov one?

 

[UpperCut]

5 room near braddell mrt is selling at 900k plus for 10+ level...

once got two dates for selection for July n sep, still can apply for nov one?

Yes.
However, if both flats selection dates suay suay before Nov Bto application and in both instances you have chosen to reject the selection, you will lose eligibility to apply as first timer.

I guess the typical flat prices should be $525k same as May's KW BTO

 

[yoohoo]

Yes.
However, if both flats selection dates suay suay before Nov Bto application and in both instances you have chosen to reject the selection, you will lose eligibility to apply as first timer.

I guess the typical flat prices should be $525k same as May's KW BTO

Maybe more ex. Kw resale value won't be as high as tpy. Unless more developments.

 

[acetylcholine]

Maybe more ex. Kw resale value won't be as high as tpy. Unless more developments.

But KW (at least for MT) is very much nearer to the MRT and the net distance from the CBD is also shorter than TPY.

Anyway, nobody seems to be talking about the Seng Kang BTO. The one nearer to the MRT is really like right smack next to the MRT station...don't know whether to go for SK or TPY.

 

[yoohoo]

But KW (at least for MT) is very much nearer to the MRT and the net distance from the CBD is also shorter than TPY.

Anyway, nobody seems to be talking about the Seng Kang BTO. The one nearer to the MRT is really like right smack next to the MRT station...don't know whether to go for SK or TPY.

If ur budget allows, tpy...

 

[MESSY7]

Hi all, I kana the queue number 1100+ for telok blangah BTO out of 643 units. Have an appointment on 12/2012 . Can I still apply for the nov BTO ah as my chances of picking with my queue number is pretty slim I heard.

 

[twinklingstars]

When will we know the details of the launch? Eg price of the bto

 

[stitchy08]

When will we know the details of the launch? Eg price of the bto

When it's launched. Maybe around end of nov?

 

[whitebottle]

Hi all, I kana the queue number 1100+ for telok blangah BTO out of 643 units. Have an appointment on 12/2012 . Can I still apply for the nov BTO ah as my chances of picking with my queue number is pretty slim I heard.

Yes u can. However, most likely the application will open in late Nov and ballot results would only be out in late Dec. If your appointment date is due before the ballot results, you have to make a choice of whether to take the telok blangah BTO or to reject it while not knowing whether you'll get the Nov's BTO. Bear in mind if you get a chance to select TB and you reject, and still did not get Nov's BTO, you'll be penalized for rejecting the TB one. I'm not sure if I remember correctly but I think the penalty is if you reject twice you'll be demoted to 2nd timer status.

 

[whitebottle]

Hi Peeps, badly need a sound advise... I am looking at the TPY BTO for nov but I have a problem....

Here's my situation, I am currently the owner of a 3 rm flat in TPY, it's a resale I bought about 10 years ago and I am the sole bread winner of the household...

About 2 years ago, I did a lump sum payment of about 50k to my current unit so as to shorten the repayment and thus it almost wiped out my CPF savings.

Now, I have about 20k in my CPF and I am looking at getting the new TPY BTO but I am short of about 20k even after the grant and I do not have that much cash to top it up.

My question is, would it be possible for me to appeal to HDB on this finiancial issue? it's not like I do not have the money but I do not have it now, looking at the launch of this new TPY BTO, I would most likely need to pay the downpayment latest by March or April 2013.

My chances of getting the BTO in TPY is quite high as my parent's block is about 500m away and I have 3 kids but the only problem I have now is cash flow...

Please advise on what should I or can I do...

TIA!

2 possible options I can think of:

1. Sell ur existing HDB to encash it, rent a HDB for the next 3 years until your new BTO is built in the meantime, or

2. If your loan is taken with a bank, check with the bank if they can provide you a bridging loan based on the "excess" CMV of your HDB over the outstanding loan.

 

[Ixnay]

2 possible options I can think of:

1. Sell ur existing HDB to encash it, rent a HDB for the next 3 years until your new BTO is built in the meantime, or

2. If your loan is taken with a bank, check with the bank if they can provide you a bridging loan based on the "excess" CMV of your HDB over the outstanding loan.

Thanks, I was told of 1 more option...

That is to mortgage my house and use the cash for this downpayment... of cos, I would need to pay the interest...

Is this feasible? Please advice...

Thanks!

 

[Copperheadc9]

Upcoming Nov 2012 BTO launch

Hi, anyone have any idea on the upcoming Nov BTO exercise, will HDB includes the Sales of balance flats as well?