Sep 2012 BTO

[Myst90]

Does anyone know what queue number roughly is invited selection currently for treetrail at woodlands 5 room?

Trying to guess whether there is a chance for us to select a unit by en if January.

U might wanna try calling the cso to check the last queue number for today?

 

[shootingstar88]

Yupps. Saw those complaint.. was in doubt with the quality of the tiles when I saw the complains but I only saw them after I opt in for ocs haha.. laminated wooden flooring sounds good too.. haha .

haha let's hope for the best. btw, there's 1 yr warranty... but problems surface after a period of time...

 

[usagichng]

Does anyone know what queue number roughly is invited selection currently for treetrail at woodlands 5 room?

Trying to guess whether there is a chance for us to select a unit by en if January.

mi too hoping and waiting. Wad's ur q number? and wad date in jan??

 

[sunnyshannie]

same, we opted for both ocs packages.. but abit skeptical on the quality la... we chose highest floor 871b, one of the stack facing the UWC school...we had good q number.. even more so difficult for us to turn it down!

did u get high floor or mid?

I went to see the tiles for tampines greenlace. its not as pretty as others projects. you think i should choose to include?

 

[Myst90]

haha let's hope for the best. btw, there's 1 yr warranty... but problems surface after a period of time...

Haha.. true. Generally goods are often ok during the warranty period, just nice when warranty finishes, the problems start surfacing.. haha . However, there are still exception cases of goods that are workable for quite a long time.. so we can only cross our finger and hope to get good ones..

 

[shootingstar88]

I went to see the tiles for tampines greenlace. its not as pretty as others projects. you think i should choose to include?

agree it's not as pretty. it has no designs at all. just plain porcelain ones... if u dont mind spending more on flooring with better quality, esp if u r going to stay for long and have adequate $$ now.. u r still choosing? 5-room left less than 20units and 4-rm like abt 4 units left?

 

[cinnamoroll]

The last q number for woodlands BTO is 30.

 

[star_star_crystal]

Need some advice..will you all advise a couple to take up a $470,000 flat if their combined income is less than $5000 per month? And current combined cpf is ard $45000

 

[EEXOOO]

Need some advice..will you all advise a couple to take up a $470,000 flat if their combined income is less than $5000 per month? And current combined cpf is ard $45000

Let me do some simple calculations:

$5k per month
Total CPF per month (35%) - $1750
Total OA per month (64%) - $1120

Current CPF - $45k
No grant will be given for combined income of $5k

Considering same pay and 30 years loan,
4 years till flat ready
$55k+$45k = $100k CPF
$470k flat - $100k = $370k loan
Monthly repayment = $1482
Total cash = $362 per month

5 years till flat ready
$70k+$45k = $115k CPF
$470k flat - $115k = $355k loan
Monthly repayment = $1422
Total cash = $302 per month

IMO having to take up a loan of 30 years and paying ~$300 cash per month is very risky. For me, it's not advisable but of course different people have different risk appetite. My calculations are very conservative and do not take in account interest,bonuses and salary increments. Do your own calculations and decide whether or not you guys are willing to take the risk.

 

[Myst90]

Let me do some simple calculations:

$5k per month
Total CPF per month (35%) - $1750
Total OA per month (64%) - $1120

Current CPF - $45k
No grant will be given for combined income of $5k

Considering same pay and 30 years loan,
4 years till flat ready
$55k+$45k = $100k CPF
$470k flat - $100k = $370k loan
Monthly repayment = $1482
Total cash = $362 per month

5 years till flat ready
$70k+$45k = $115k CPF
$470k flat - $115k = $355k loan
Monthly repayment = $1422
Total cash = $302 per month

IMO having to take up a loan of 30 years and paying ~$300 cash per month is very risky. For me, it's not advisable but of course different people have different risk appetite. My calculations are very conservative and do not take in account interest,bonuses and salary increments. Do your own calculations and decide whether or not you guys are willing to take the risk.

Bro, no offence, but mind to share why would the 300 be of a risk? No offence, just curious..

 

[skjh7`]

Bro, no offence, but mind to share why would the 300 be of a risk? No offence, just curious..

From POV is as long as coming out cash is not advisable.

 

[Think09]

Let me do some simple calculations:

$5k per month
Total CPF per month (35%) - $1750
Total OA per month (64%) - $1120

Current CPF - $45k
No grant will be given for combined income of $5k

Considering same pay and 30 years loan,
4 years till flat ready
$55k+$45k = $100k CPF
$470k flat - $100k = $370k loan
Monthly repayment = $1482
Total cash = $362 per month

5 years till flat ready
$70k+$45k = $115k CPF
$470k flat - $115k = $355k loan
Monthly repayment = $1422
Total cash = $302 per month

IMO having to take up a loan of 30 years and paying ~$300 cash per month is very risky. For me, it's not advisable but of course different people have different risk appetite. My calculations are very conservative and do not take in account interest,bonuses and salary increments. Do your own calculations and decide whether or not you guys are willing to take the risk.

u forget the HPS that need to pay every year.that depend on the loan also.

 

[EEXOOO]

Bro, no offence, but mind to share why would the 300 be of a risk? No offence, just curious..

From POV is as long as coming out cash is not advisable.

Yes, probably I should term it as not advisable. $300 is a substantial sum considering their combine income (take home) of $4k. If you think about it, they are going to pay $1.7k per month for instalment repayment.

u forget the HPS that need to pay every year.that depend on the loan also.

Yes you are right but that will probably be less than $500 per year. Please do correct me if I'm wrong.

 

[Think09]

Yes you are right but that will probably be less than $500 per year. Please do correct me if I'm wrong.

That depend on the age .Can be less or can be more.

 

[Myst90]

Yes, probably I should term it as not advisable. $300 is a substantial sum considering their combine income (take home) of $4k. If you think about it, they are going to pay $1.7k per month for instalment repayment.



Yes you are right but that will probably be less than $500 per year. Please do correct me if I'm wrong.

Icic.. btw we are able to revise our loan during the time period right?

 

[EEXOOO]

Icic.. btw we are able to revise our loan during the time period right?

I believe so. I understand it's best to get a loan of 30 years then do lump sum payments whenever you can to reduce the loan duration.

 

[suzuka88]

does AHG need fill the form , just back from hdb but they did not give any form for AHG ...just the HLE form , and request me for 12 mth payslip, wife cpf statement ..

 

[Think09]

I believe so. I understand it's best to get a loan of 30 years then do lump sum payments whenever you can to reduce the loan duration.

agreed u on that.i think alot of people doing that..

 

[Myst90]

does AHG need fill the form , just back from hdb but they did not give any form for AHG ...just the HLE form , and request me for 12 mth payslip, wife cpf statement ..

Ahg form normally will be filled during the selection. Are both of ur combined income more than 5k ? Maybe both of ur income more than 5k thats y they didnt want u to go thru the hassle?? :/

 

[suzuka88]

Ahg form normally will be filled during the selection. Are both of ur combined income more than 5k ? Maybe both of ur income more than 5k thats y they didnt want u to go thru the hassle?? :/

mine, they need co letter , 6mth slip ,marriage cert
wife, unemployment, Statutory Declaration letter .

now they ask me for another 12 mth slips. and pass me the HLE ..

i did ask for AHG but they did not pass me anything . mine income below 5k as single source income.