Source: Bootstrike
Details: here
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Thursday, February 27, 2014
First DBSS flats go on resale market, asking price as high as $780,000
First DBSS flats go on resale market, asking price as high as $780,000
By Lip Kwok Wai
POSTED: 26 Feb 2014 22:08
DBSS flats at The Premiere on Tampines Avenue 6 have been put on the resale market, after reaching the minimum occupancy period of five years.
SINGAPORE - The first HDB flats under the Design, Build and Sell Scheme (DBSS) have been put on the resale market, after reaching the minimum occupancy period of five years.
Some flat owners are asking for as much as 60 per cent more than what they paid five years ago.
The Premiere on Tampines Avenue 6 was the first HDB flat project designed, built and sold by a private developer.
90 per cent of the development are five-room flats, which were sold for between $308,000 and $450,000.
Now, online listings for some of these properties have prices starting at $650,000 and going up to as high as $780,000.
That's $70,000 to $200,000 more than other five-room flats in the same area.
"I think many owners are, in a way, testing the market to see whether the market is willing to accept their asking price. Another reason is that perhaps many of them feel that DBSS as a public housing is of higher quality than the normal HDB flats," said Nicholas Mak, executive director of SLP International Property Consultants.
- CNA/ir
- wong chee tat :)
By Lip Kwok Wai
POSTED: 26 Feb 2014 22:08
DBSS flats at The Premiere on Tampines Avenue 6 have been put on the resale market, after reaching the minimum occupancy period of five years.
SINGAPORE - The first HDB flats under the Design, Build and Sell Scheme (DBSS) have been put on the resale market, after reaching the minimum occupancy period of five years.
Some flat owners are asking for as much as 60 per cent more than what they paid five years ago.
The Premiere on Tampines Avenue 6 was the first HDB flat project designed, built and sold by a private developer.
90 per cent of the development are five-room flats, which were sold for between $308,000 and $450,000.
Now, online listings for some of these properties have prices starting at $650,000 and going up to as high as $780,000.
That's $70,000 to $200,000 more than other five-room flats in the same area.
"I think many owners are, in a way, testing the market to see whether the market is willing to accept their asking price. Another reason is that perhaps many of them feel that DBSS as a public housing is of higher quality than the normal HDB flats," said Nicholas Mak, executive director of SLP International Property Consultants.
- CNA/ir
- wong chee tat :)
Phone scam dupes victims into transferring money to pay for fines
Phone scam dupes victims into transferring money to pay for fines
By Reshma Ailmchandani
POSTED: 26 Feb 2014 22:14
SINGAPORE: A new phone scam has duped some members of the public into transferring money to pay for what they believed were fines.
One victim, Mr Ragavendaran, received a call telling him that he had filled in his birth date on his immigration card incorrectly.
The caller claimed to be from the Immigration & Checkpoints Authority and asked him to pay S$2,000 for reprocessing charges, threatening to deport him if he did not pay up.
Mr Ragavendaran said: "I asked him, ‘How can I believe that you're from ICA?’ He asked me to (search online for) the ICA website and see what the contact detail is.
"I checked it and what was appearing on my phone (caller ID) was the same as what appears on ICA's website."
The call appeared to be made from the ICA hotline.
The caller was also able to provide Mr Ragavendaran accurate details of his particulars, including his old and new passport numbers and expiry dates, his date of birth, work address, his Singapore address and his communication address in India.
Believing that the call was legitimate, Mr Ragavendaran remitted the money.
IT specialists said scams involving the use of government hotlines are rare.
Phua Thong Chee, IT security consultant at Firefish Communications, said: "This scammer will make use of voice-over Internet technology to spoof the incoming phone number such that a different number would appear on the user's mobile phone.
“When the public suspects that the person on the other side is asking for too much information, they should request to terminate the phone call and instead call the other person back, so that they can verify that this person is actually calling from the organisation they claim to be calling from."
The ICA said it views this matter seriously as it undermines public trust in the organisation.
It advised members of the public to ignore such calls, as it does not make calls for fund transfers pertaining to immigration facilities.
It advised members of the public who have received such calls to call the police immediately to report the case.
- CNA/xq
- wong chee tat :)
By Reshma Ailmchandani
POSTED: 26 Feb 2014 22:14
SINGAPORE: A new phone scam has duped some members of the public into transferring money to pay for what they believed were fines.
One victim, Mr Ragavendaran, received a call telling him that he had filled in his birth date on his immigration card incorrectly.
The caller claimed to be from the Immigration & Checkpoints Authority and asked him to pay S$2,000 for reprocessing charges, threatening to deport him if he did not pay up.
Mr Ragavendaran said: "I asked him, ‘How can I believe that you're from ICA?’ He asked me to (search online for) the ICA website and see what the contact detail is.
"I checked it and what was appearing on my phone (caller ID) was the same as what appears on ICA's website."
The call appeared to be made from the ICA hotline.
The caller was also able to provide Mr Ragavendaran accurate details of his particulars, including his old and new passport numbers and expiry dates, his date of birth, work address, his Singapore address and his communication address in India.
Believing that the call was legitimate, Mr Ragavendaran remitted the money.
IT specialists said scams involving the use of government hotlines are rare.
Phua Thong Chee, IT security consultant at Firefish Communications, said: "This scammer will make use of voice-over Internet technology to spoof the incoming phone number such that a different number would appear on the user's mobile phone.
“When the public suspects that the person on the other side is asking for too much information, they should request to terminate the phone call and instead call the other person back, so that they can verify that this person is actually calling from the organisation they claim to be calling from."
The ICA said it views this matter seriously as it undermines public trust in the organisation.
It advised members of the public to ignore such calls, as it does not make calls for fund transfers pertaining to immigration facilities.
It advised members of the public who have received such calls to call the police immediately to report the case.
- CNA/xq
- wong chee tat :)
8 town councils to increase service & conservancy charges
8 town councils to increase service & conservancy charges
By Dylan Loh
POSTED: 27 Feb 2014 17:15
SINGAPORE: Eight town councils will increase their service and conservancy charges (S&CC) for flats, shops/offices and market/cooked food stalls, with effect from 1 April.
They are Ang Mo Kio, Jurong, Marine Parade, Moulmein-Kallang, Nee Soon, Pasir Ris-Punggol, Potong Pasir and Sembawang town councils.
Sembawang Town Council, which announced the increase in a statement, cited rising costs and inflation as reasons for the revision.
It said: "In order to keep S&CC charges as affordable as possible for residents, the town councils have been making a conscious effort to control costs to avoid increasing the S&CC rates, despite rising inflation every year.
"The town councils have succeeded in resisting S&CC increases for the last 10 years, even when the inflation rate hit a high of 6.6 per cent in 2008.
"However, with current cost increases, it is becoming increasingly difficult to continue operations at current S&CC rates, with several town councils running into operating deficits."
The statement cited electricity as one of the biggest contributors to cost increases for the town councils.
Maintenance costs have also gone up, due to most towns having successfully undergone the Lift Upgrading Programme.
The S&CC increase will be phased over two years.
The first-tier increase on 1 April this year ranges from S$0.50 per month for those living in HDB's one-room flats to S$8.50 per month for executive flat home owners.
Commercial property owners and tenants will see an increase ranging from S$0.10 to S$0.21 per psm/month while the increase for most cooked food stalls is between S$9.90 and S$15.83 per month.
The second-tier adjustment will be effected on 1 April 2015.
The S&CC increase will range from S$0.50 for HDB's one-room to S$6.50 per month for executive flat home owners, depending on the type of flat.
Commercial property owners and tenants will see an increase ranging from S$0.07 to S$0.11 per psm/month while the increase for most cooked food stalls is between S$9.50 and S$12.00 per month.
According to the statement, the last S&CC revision by the majority of these town councils was 10 years ago, in 2004.
The last time there was an S&CC revision was in September 2012, when seven town councils -- Bishan-Toa Payoh, Chua Chu Kang, East Coast, Holland-Bukit Panjang, Tanjong Pagar, Tampines and West Coast -- raised their charges.
- CNA/xq
- wong chee tat :)
By Dylan Loh
POSTED: 27 Feb 2014 17:15
SINGAPORE: Eight town councils will increase their service and conservancy charges (S&CC) for flats, shops/offices and market/cooked food stalls, with effect from 1 April.
They are Ang Mo Kio, Jurong, Marine Parade, Moulmein-Kallang, Nee Soon, Pasir Ris-Punggol, Potong Pasir and Sembawang town councils.
Sembawang Town Council, which announced the increase in a statement, cited rising costs and inflation as reasons for the revision.
It said: "In order to keep S&CC charges as affordable as possible for residents, the town councils have been making a conscious effort to control costs to avoid increasing the S&CC rates, despite rising inflation every year.
"The town councils have succeeded in resisting S&CC increases for the last 10 years, even when the inflation rate hit a high of 6.6 per cent in 2008.
"However, with current cost increases, it is becoming increasingly difficult to continue operations at current S&CC rates, with several town councils running into operating deficits."
The statement cited electricity as one of the biggest contributors to cost increases for the town councils.
Maintenance costs have also gone up, due to most towns having successfully undergone the Lift Upgrading Programme.
The S&CC increase will be phased over two years.
The first-tier increase on 1 April this year ranges from S$0.50 per month for those living in HDB's one-room flats to S$8.50 per month for executive flat home owners.
Commercial property owners and tenants will see an increase ranging from S$0.10 to S$0.21 per psm/month while the increase for most cooked food stalls is between S$9.90 and S$15.83 per month.
The second-tier adjustment will be effected on 1 April 2015.
The S&CC increase will range from S$0.50 for HDB's one-room to S$6.50 per month for executive flat home owners, depending on the type of flat.
Commercial property owners and tenants will see an increase ranging from S$0.07 to S$0.11 per psm/month while the increase for most cooked food stalls is between S$9.50 and S$12.00 per month.
According to the statement, the last S&CC revision by the majority of these town councils was 10 years ago, in 2004.
The last time there was an S&CC revision was in September 2012, when seven town councils -- Bishan-Toa Payoh, Chua Chu Kang, East Coast, Holland-Bukit Panjang, Tanjong Pagar, Tampines and West Coast -- raised their charges.
- CNA/xq
- wong chee tat :)
Scheduled Maintenance - POSB
Scheduled Maintenance - POSB
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| Service | Scheduled Maintenance Date | Expected Downtime | Remarks |
| iBanking | 09 Feb 2014 | 0100hrs to 0105hrs, 0650hrs to 0655hrs | System Maintenance - MCSA Funds Transfer, and Portfolio Enquiry |
| 09 Feb 2014 | 0100hrs to 0705hrs | System Maintenance - Online Equity Trading(OET) | |
| 16 Feb 2014 | 0200hrs to 0245hrs | System Maintenance -Upload documents | |
| 16 Feb 2014 | 0650hrs to 0655hrs | System Maintenance - MCSA Funds Transfer, and Portfolio Enquiry | |
| 16 Feb 2014 | 0100hrs to 0105hrs | System Maintenance - MCSA Funds Transfer, and Portfolio Enquiry | |
| 16 Feb 2014 | 0100hrs to 0705hrs | System Maintenance - Online Equity Trading(OET) | |
| 22 Feb 2014 | 1000hrs to 0000hrs | System Maintenance - Online Equity Trading | |
| 23 Feb 2014 | 0000hrs to 0730hrs | System Maintenance - Token Registration | |
| 23 Feb 2014 | 0000hrs to 1200hrs | System Maintenance - Online Equity Trading | |
| 02 Mar 2014 | 0000hrs to 0600hrs | System Maintenance -Upload documents | |
| mBanking | - | - | - |
| iB Application | - | - | - |
| iB - Trading Services | 22 Feb 2014 | 1000hrs to 0000hrs | System Maintenance |
| 23 Feb 2014 | 0000hrs to 1200hrs | System Maintenance | |
| D2Pay | 16 Feb 2014 | 0300hrs to 0600hrs | System Maintenance |
| Phone Banking | - | - | - |
| NETS | - | - | - |
| Passbook Update | - | - | - |
| Automated Teller Machine (ATM) | - | - | - |
| Cash Deposit Machine | - | - | - |
| Coin Deposit Machine | - | - | - |
| Cheque Deposit Machine | - | - | - |
| POSB Print | - | - | - |
| AXS D-Pay | - | - | - |
| Token Registration | - | - | - |
- wong chee tat :)
Fewer HDB flat dwellers buying condos, private apartments
Fewer HDB flat dwellers buying condos, private apartments
By Lip Kwok Wai
POSTED: 27 Feb 2014 18:52
File photo: Prospective home buyers at a condominium showroom in Singapore.
SINGAPORE: The number of HDB flat dwellers buying condominiums or private apartments last year fell 1.1 percentage points.
The total number of non-landed private home transactions in 2013 was 20,203 units.
Of these, 9,192 units were bought by those who owned or stayed in HDB flats.
This accounted for 45.5 per cent of the total purchases, down from 46.6 per cent in 2012.
The number of non-landed private home purchases made by HDB addressees in 2012 was 14,955 out of 32,125 total purchases.
Experts said cooling measures such as the total debt servicing ratio (TDSR) restricted financing options for potential buyers to upgrade, resulting in less demand in the market.
Chris Koh, director of Chris International, said: "Because a lot of buyers today own HDB flats - most of them are servicing their instalments for their HDB flats.
“On top of that, if they have a car, that would mean quite a bulk of their monthly income is going toward instalments. If you put TDSR at 60 per cent and they are already stretching at 40 to 50 per cent, then it's difficult for them to buy a second property.”
- CNA/xq
- wong chee tat :)
By Lip Kwok Wai
POSTED: 27 Feb 2014 18:52
File photo: Prospective home buyers at a condominium showroom in Singapore.
SINGAPORE: The number of HDB flat dwellers buying condominiums or private apartments last year fell 1.1 percentage points.
The total number of non-landed private home transactions in 2013 was 20,203 units.
Of these, 9,192 units were bought by those who owned or stayed in HDB flats.
This accounted for 45.5 per cent of the total purchases, down from 46.6 per cent in 2012.
The number of non-landed private home purchases made by HDB addressees in 2012 was 14,955 out of 32,125 total purchases.
Experts said cooling measures such as the total debt servicing ratio (TDSR) restricted financing options for potential buyers to upgrade, resulting in less demand in the market.
Chris Koh, director of Chris International, said: "Because a lot of buyers today own HDB flats - most of them are servicing their instalments for their HDB flats.
“On top of that, if they have a car, that would mean quite a bulk of their monthly income is going toward instalments. If you put TDSR at 60 per cent and they are already stretching at 40 to 50 per cent, then it's difficult for them to buy a second property.”
- CNA/xq
- wong chee tat :)
When the Past comes looking for you....
When your past calls, Don't answer. It has nothing new to say. Instead, look towards Future. The Future brings lots of opportunities!
- wong chee tat :)
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