Sept 2014 BTO Launched !!

[saffronsatire]

You mean there's no AHG for applicants who apply for boonkeng?

4rm like don't have. 3rm like have.

http://esales.hdb.gov.sg/hdbvsf/eampu09p.nsf/0/14SEPBTOKWN_page_1112/$file/about1.htm

 

[hydeyoshi]

Downpayment is of total flat selling price and not short fall = $46k

Selling Price = $460k
10% DP = $46k
Remaining Price = $414k
HLE = $350k
Shortfall = $64k(This amount will be different since they will wipe out both ur CPF first and see the remaining amount of flat vs HLE)

Take note 2nd HLE assessment to be done when nearer to key collection.

What happens if the 2nd hle the loan amt is still short? Any diff will need to topup with cash? E.g
purchase of flat $500k
After 10% downpayment 450k
Loan approved amt 400k after 2nd hle
Cpf not enough 50k, say only 20k..diff 30k to b paid by cash?

 

[EmPtYsOuLz]

Just applied for the BoonKeng project
Was actually intending to wait for Bidadari (which I suspect will be around the same price range) but no harm trying for this since the location is pretty good

A bit worried about financing the high price though
Given my calculations should be able to afford but may need to take the maximum loan amount

 

[saffronsatire]

Just applied for the BoonKeng project
Was actually intending to wait for Bidadari (which I suspect will be around the same price range) but no harm trying for this since the location is pretty good

will there be MRT nearby and how far away? or is it the Woodleigh MRT station?

 

[derrickgoh]

Looks near to Boon Keng MRT but there is actually a river in your way. You will need to go via Serangoon Road and the question is how far is it via Serangoon Road?

 

[EmPtYsOuLz]

will there be MRT nearby and how far away? or is it the Woodleigh MRT station?

Yes the project at the used to be cemetry area beside Woodleigh mrt

The distance of MRT will be based on the project itself. There should be a few project phases (a total of 10k units), some will be right beside the mrt and some will be as far as 1km away as its quite a big plot of land

 

[saffronsatire]

Yes the project at the used to be cemetry area beside Woodleigh mrt

The distance of MRT will be based on the project itself. There should be a few project phases (a total of 10k units), some will be right beside the mrt and some will be as far as 1km away as its quite a big plot of land

1km is far. that is about maybe 4 bus stops if there are buses to take.

today's news mentioned next year they may be releasing a site near queenstown mrt. seems quite near. but by the time release for BTO appln, the TOP i think will be 202X.

 

[380002]

Looks near to Boon Keng MRT but there is actually a river in your way. You will need to go via Serangoon Road and the question is how far is it via Serangoon Road?

Boon Keng MRT only 5 minutes away (towards whampoa side)

What happens if the 2nd hle the loan amt is still short? Any diff will need to topup with cash? E.g
purchase of flat $500k
After 10% downpayment 450k
Loan approved amt 400k after 2nd hle
Cpf not enough 50k, say only 20k..diff 30k to b paid by cash?

Yes top-up difference by cash.

 

[EmPtYsOuLz]

Looks near to Boon Keng MRT but there is actually a river in your way. You will need to go via Serangoon Road and the question is how far is it via Serangoon Road?

About 5 minutes walk

 

[hydeyoshi]

Yes top-up difference by cash.

Thanks..

Went to hdb website and chk how much can loan.. Based on the combine income now can only loan abt 300k.. Dunno shld try apply for the boon keng 4rm bto nt..
Or just apply first get then talk later?? Any advice?

 

[Gixxerfied]

Thanks..

Went to hdb website and chk how much can loan.. Based on the combine income now can only loan abt 300k.. Dunno shld try apply for the boon keng 4rm bto nt..
Or just apply first get then talk later?? Any advice?

Apply first and talk later means if you get a good number and choose to give the selection a miss then 1 chance deducted, rejected another one within a year and u will get kick into 2nd timer bracket for 1 year...

 

[380002]

Thanks..

Went to hdb website and chk how much can loan.. Based on the combine income now can only loan abt 300k.. Dunno shld try apply for the boon keng 4rm bto nt..
Or just apply first get then talk later?? Any advice?

Do you expect any salary increment for the next 5 years? If REALLY REALLY stable can hit at least $7K for combined income then you can try apply.... Cuz HLE loan with $7K can cover 90%.

 

[Gixxerfied]

Do you expect any salary increment for the next 5 years? If REALLY REALLY stable can hit at least $7K for combined income then you can try apply.... Cuz HLE loan with $7K can cover 90%.

Just rem once over 35 years old, contribution rates into O/A drops slightly..

 

[pinkibeee]

4rm like don't have. 3rm like have.

http://esales.hdb.gov.sg/hdbvsf/eampu09p.nsf/0/14SEPBTOKWN_page_1112/$file/about1.htm

I believe that they listed $0 for additional HDB grant is because they are assuming the combined income is at $6,200 which is over their $5,000 ceiling (for grants)

Correct me if I'm wrong?

 

[Gixxerfied]

I believe that they listed $0 for additional HDB grant is because they are assuming the combined income is at $6,200 which is over their $5,000 ceiling (for grants)

Correct me if I'm wrong?

In a way, you're not wrong...

 

[hydeyoshi]

Apply first and talk later means if you get a good number and choose to give the selection a miss then 1 chance deducted, rejected another one within a year and u will get kick into 2nd timer bracket for 1 year...

If really heng heng get a good number will likely choose a unit there.. I was actually waiting for bidadari bto and it seems like only next yr end launching.. And i think boon keng location is good.. Hitting 7k in the next 5 shld b any prob..

Another thing nt sure is that.. Say i get a good number and go for selection but hle approved only 300k, will hdb let you to buy cos theres a shortfall of 200k if the flat is 500k based on the hle now..

Or mayb shld try 3rm cos seems like the application rate nt that high yet..

So if i reject once i still qualify for 1st timer?

 

[popdod]

Bro, come let's try again. Resale market won't bottom until smelly smelly mid of 2015. If by then still cannot get... then buy resale and hoot PAP jialat jialat in GE2016!

How? This time aim Hougang? Just behind IMH only. Bukit Batok better location but all my biz in the east one...too late to start over again in the west.

how cum u know I'm hooting hougang????!!!
my plan is get resale if this yr cannot get it.

 

[popdod]

How many tries liao?

5-6times liao.
rejected until I lost count.

 

[popdod]

Me too! Tis is my 8 times!

sian hor???!!
do u feel ur finger getting numbed when u click the Send button.

this time round , dunno how many times oversubscribed again.

 

[happy.milk]

how cum u know I'm hooting hougang????!!!
my plan is get resale if this yr cannot get it.

Wah....
U too rich tat y get rejected....