Official May 2017 BTO

coolhead

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You intend to pay off the housing loan with cash? If not, seems quite tough to service the loan
This is what we expect as of 1st Jan 2020:
95% of housing cost (5% downpayment made) : $475k
Combined CPF: 140k
Combined cash: 100K (We have combined 70k now. Saving 15k/year shouldn't be tough)
Cash to utilise: 35k out of 100k.

If we take 10 years to pay off, it will be 2800/month shared by both of us. Should not be too bad I think.
 

Juljul

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:( just got a bad news from HDB ... i cant apply for geyland plot under MCPS even thou my in law apartment is within 2km ... cox foreigner ... piang eh :s22:

But I thought you just wrote a loooong post on how good the Woodlands plot is?? Can go for Woodlands lor. haha :s13:
 

devil0spy

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@didiboogie my hub is PR, apartment owner(my in laws) foreigner

@Juljul i ll b happy if u can help me convince my hubs ... hahaha ...

I was just trying to see if mcps would work for us in the geylang plot ... but apparently ... think only the woodlands plot can use mcps ... i ll b most happy to ballot for the woodlands plot ...
 

orihs2015

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Hi all,anyone can advice me on how does it work if one were to buy bto using cash? Do i still need to apply for HLE? Do i need to have the exact amount during signing of lease agreement?
 

GeraldineT

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Hi all,anyone can advice me on how does it work if one were to buy bto using cash? Do i still need to apply for HLE? Do i need to have the exact amount during signing of lease agreement?



Full cash? No need apply HLE Liao lor
 

mollyfeesh

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Hi all,anyone can advice me on how does it work if one were to buy bto using cash? Do i still need to apply for HLE? Do i need to have the exact amount during signing of lease agreement?

I could be wrong, but I think you pay the amount the day you take the keys, which will happen 3-5 years later.
 

Lemon Porter

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Maybe a bit lower, median around 475k quite likely, just like Bidapayohs.

Hmmm if 475 is starting price, that would be the lowest floor.

Bidadari only ideal plot is the one near to PP, since I am PP resident.

But for Dakota, despite location being ideal, this proj consists of 2 to 4 room only.

Would Dakota crescent be used for condo or hdb/EC?
Shall see how the price goes first.
 

deskoh91

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Hmmm if 475 is starting price, that would be the lowest floor.

Bidadari only ideal plot is the one near to PP, since I am PP resident.

But for Dakota, despite location being ideal, this proj consists of 2 to 4 room only.

Would Dakota crescent be used for condo or hdb/EC?
Shall see how the price goes first.
I do not think it would start at 475 la, 460 to 520 should be quite possible. It may be more convenient than Bidadari, but the overall profile of the neighbourhood is less youthful and developmental plans are not as wholesome (like greenways and the Alkaff Lake), resulting in similar prices.
 

iphone1s

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Hi all,anyone can advice me on how does it work if one were to buy bto using cash? Do i still need to apply for HLE? Do i need to have the exact amount during signing of lease agreement?

either you are a shotgun student or a 做篇 one :s13:
 

jerichoo

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Hi all,anyone can advice me on how does it work if one were to buy bto using cash? Do i still need to apply for HLE? Do i need to have the exact amount during signing of lease agreement?

It will be interesting to know wat ur profession is.

Care to share?

U wan bring briefcase throw on table ah?:s7:
 
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