Don’t anyhow rent out your house! (HDB Flat)

We all know it can be quite costly to own your very own HDB Flat in Singapore. There are surely some ways to offset these costs and one of them is by renting your HDB out. It can be your spare room or even whole apartment just to earn some cash back. But you will need to bear in mind that the government is constantly monitoring the HDB situation because public housing is meant to be for owner occupation! It is not for you to use it as an investment vehicle.

Before you rent out, you will need to equip yourself with these important rules or else the consequences will be very serious. You should better be familiar with the following rules too!

Minimum Occupation Period – HDB Flat owners are required by law to observe the Minimum Occupation Period of 5 years before they can sell or rent the apartment out. However, this does not apply everyone!
If you are a Singapore Permanent Residents, you will not be allowed to rent out your apartment, even if you have fulfilled the Minimum Occupation Period. This however, does not restrict to rent out your spare common rooms or master rooms. You may even do so (renting out the rooms) during the Minimum Occupation Period. Remember you will need to check the tenant’s eligibility to rent the entire HDB flat as well. Since Jan 1, non-Malaysian work permit holders from the manufacturing sector will no longer be able to rent the entire HDB flat. Recently, the government is also banning people from renting out short term, see this article.

Remember to register all the tenants. So long as you are receiving rental income from any tenant in your apartment, you will need to register them. This is to make sure that the tenant is legally allowed to be in Singapore and at the same time, you are adhering to the subletting quota of neighbourhood observed by the Housing and Development Board. If you are renting a HDB flat/room to a friend or relative who is a Singaporean, you have to make sure that they do not currently own other HDB apartments concurrently, unless they are divorced or rent out their property within one month of renting a flat/bedroom from you.

Maximum duration of rent. Remember, the key point of HDB flat is that they are considered subsidised public housing, it means that it strictly for your own usage and not for you to make a living out of it. So if you are thinking of renting them out long term to the same tenant, it is not allowed. The maximum subletting period is 3 years per application, but if one of more subtenants is a non-Malaysian, the subletting period is only 1.5 years. You can however, rent out the HDB flat or room continuously to different tenants for a minimum subletting period of 6 months per application.

There is a new condominium at Redhill MRT – Again?!

Why has Redhill become a hotspot for developers?

Upcoming new condominium Artra is actually the number 8th private residential development to spring up within the last few years. In fact, in the very same vincinity, there are already 3 existing projects at the moment. Does it sound like one too many? Besides upcoming Artra, there is already a slew of projects like Echelon, Ascentia@Sky, The Metropolitan and the most recent launch at Redhill MRT – Alex Residences. The address – Alexandra View is what residents of these projects are home to. Check out – Alex Residences Floor Plans

Lets now talk about ARTRA


Artra is also situated on Alexandra View last land parcel. It has a total land size of approximately 8,398.5 square metres – This is most likely to be portioned into 43-storeys of 400 residential units of the development. It is also the first mixed development – with the 1st storey being reserved for commercial and retail units, to spring up in that location. Estimated TOP is likely to be in year 2021. The developer of Artra is actually – Tang City Holdings, which has a portfolio that includes Dorsett Residences at Outram Park, and Fifty Two Stevens near Orchard Road.

Alexandra View – Location Review


I think this location is rather convenient – for both drivers and public transport-goers. You are never too far away as the location itself is well connected to major expressways such as Ayer Rajah Expressway, Central Expressway, Alexandra Road and more. As a matter of fact – Getting to Orchard Road and Raffles Place is only a mere 5-10 minutes away by car.

Amenities wise, malls such as IKEA, QUEENSWAY SHOPPING CENTER or even Orchard Road is mere minutes away even if you travel by public buses. Medical facilities such as Gleneagles Hospital, National University Hospital and SingHealth Polyclinic are also located nearby. Last but not least, for parents or parents-to-be, there are several prestigious primary and secondary schools located in the vicinity. These include Crescent Girls’ School, Gan Eng Seng Primary School, and CHIJ St Theresa’s Convent.

Upgrade for Kallang Whampoa Residents!

Residents along Kallang River and Sungei Whampoa will will have more places to relax. These certain specific areas have been spruced up with new spaces and viewing decks, within national water agency PUB’s Active, Beautiful and Clean (ABC) Waters programme.

The first ABC task to be exposed in 2017, the S$3.8 million upgrading works at Kallang River engaged the widening of the promenade from three to 15 m to permit both cyclists and pedestrians to take pleasure from the recreational space mutually, reported Channel Media Asia.

A ramp has been put into give wheelchair-bound individuals usage of the improved promenade. Shelters that imitate the masts of vessels that sailed over the Kallang River in the 19th hundred years are also built, to include some nostalgia to the environment.

The region features rainfall landscapes, that can come with specially-selected earth and crops to purify rainwater from the promenade before streaming in to the river.

Officially opened up on Weekend (22 January) by Marketing communications and Information Minister Yaacob Ibrahim, the job focuses on to bring the city nearer to the city-state’s waters.

Its first adopter, Kong Hwa College, for example, is planning for a learning trail because of its students.

“The ABC Waters design features, including the rain gardens, in conjunction with the importance and custom of the Kallang neighbourhood, lead to great learning opportunities and strengthen identity and citizenship education beyond the school room,” said Jerry Yang, a trained teacher.

In the meantime, the S$1.8 million update at Sungei Whampoa found the go up of lookout decks and a rainwater garden over the 450-metre stretch out of the river. Work to renewable the canal surfaces are also made.

In Feb the task at Sungei Whampoa will be officially opened up.

“ABC Waters @ Kallang River and Sungei Whampoa are actually about building for future years. Both tasks were prepared to be included with upcoming development works in the vicinity,” said Tan Nguan Sen, Main Sustainability Official at PUB.

“As both Kallang River and Sungei Whampoa movement in to the Marina Tank – a way to obtain water supply, hopefully residents will play their part in keeping the waters clear of litter so that folks can enjoy cleaner, clearer waters and an improved living environment,” added Tan.

Small number of defects reported from home improvement works

The quantity of detailed instances of imperfections because of workmanship of Home Improvement Program (HIP) works past the Defects Liability Period (DLP) is little – around one to two cases for each 10,000 units for every year for spalling solid, roof and sewage pipe spills, said the Ministry of National Development (MND) in an oral answer to Parliament on Tuesday (10 January).

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This was made in light of MP for Aljunied GRC Muhamad Faisal Abdul Manap’s question on what number of cases the HDB got for repair help for spalling solid, roof and sewage pipe spills in one year past the HIP DLP.

The HIP expects to help level proprietors address normal upkeep issues in maturing pads, for example, spalling cement and roof spills.

Sometimes, notwithstanding, such issues may at present repeat taking after the finishing of the change works. See new launch condominium at Sturdee Road.

The Housing Board’s contractual workers will do the important amendment for imperfections revealed inside the one-year endless supply of the HIP works.

For cases revealed after the DLP, the HDB will investigate the nature and reason for the criticism and prompt level proprietors on the subsequent activity in like manner, said the MND. Visit Sophia Hills – Just next to Dhoby Ghaut MRT.

For spalling cement or roof spill cases emerging out of wear and tear, the HDB may offer “help to level proprietors to repair and co-share the cost of repairs under the Goodwill Repair Assistance Scheme”, the service included.

Mount Vernon – Lease extensions

Notwithstanding getting lease expansions for the second time, burial service parlors at the Mount Vernon Columbarium Complex stay on edge about the eventual fate of their operations, reported TODAYonline.

“It resembles living everyday, or year-to-year for this situation. It gets a little nail-gnawing and clients are continually asking us whether regardless we’ll be here,” said Deborah Andres, CEO of Mount Vernon Sanctuary, which possesses six lobbies for wakes.

“It’s a question that we can’t answer on the grounds that the answer is not with us. We can’t guarantee them and they feel a tiny bit lost,” she included.

Visit Three Balmoral @ Balmoral Road

The administration conceded the first round of rent augmentation in 2014. Singapore Casket, which claims Mount Vernon Parlor 1 and 2, saw their rent stretched out from 20 December 2016 to next December.

The rent for Mount Vernon Sanctuary, then again, was reached out from 14 March 2017 to March 2018.

Mount Vernon Columbarium is set to clear a path for the Bidadari domain, which will contain 10,000 units of HDB pads and 1,000 private homes. Another and present day parlor will be very much incorporated with the geography and scene of Bidadari to minimize the visual effect on close-by private structures, said the powers.

Botanique – Bartley MRT

The National Environment Agency (NEA) uncovered that starting a month ago, more than 12,000 of the 20,000 specialties at the columbarium pieces have been guaranteed.

The specialties, which will be migrated to Mandai Columbarium, can be guaranteed by closest relative until 30 June 2017.

While it didn’t give subtle elements on when the migration would happen, the NEA said it will proceed with the leases for the memorial service parlors until the columbarium squares and parlors must be cleared.

Helpers still can’t utilize the pools, other apartment suite offices

Some townhouses in Singapore keep on enforcing strict guidelines keeping household partners from utilizing the offices, for example, swimming pools and exercise rooms, as they are implied for mortgage holders as it were.

This is a long-standing practice executed by various Management Corporation Strata Titles (MCSTs), otherwise called townhouse overseeing specialists, because of grievances emerging from inhabitants. Take the instance of Mary (not her genuine name), a Filipino residential aide who has worked in Singapore for over 20 years.

A couple of months back, she started working for an American expat family who live in the ultra-opulent Four Seasons Park apartment suite close Orchard Road.

The 43-year-old shared that a staff part at the administration office advised her that she couldn’t utilize the apartment suite’s pool as those were the guidelines on the off chance that the offices were harmed. See new condominium – Forest Woods

“The woman I addressed was pleasant, and she said (the practice) was wrong or reasonable, but rather this is the means by which they do things here,” said Mary.

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She included that the administration would just permit residential aides to utilize the pool if their bosses were likewise present.

Not all condos in Singapore implement such limitations. One condominium director at an undertaking in Woodlands, talking on state of namelessness, said they don’t prevent local assistants from utilizing the pool. New executive condominium Sol Acres – www.sol-acre.sg

“Such circumstances would just happen if the businesses did not permit it, or if there were cases of harms because of abuse. Other than that, there are no limitations,” he said.

He clarified that presenting these tenets are not commonsense, particularly when the business’ youngsters utilize the pool. “In the event that there is a suffocating, then who is mindful? The assistants must be with them as townhouses regularly don’t utilize lifeguards.”

In Singapore, MCSTs go under the domain of the Building and Construction Authority (BCA). Reacting to media questions, a BCA representative said that under the lawful system for the administration of strata-titled properties, for example, apartment suites, “there are no endorsed by-laws that confine or preclude certain gatherings of individuals from utilizing the normal property”.

In any case, the representative included that MCSTs can make extra by-laws on top of the endorsed ones as to the utilization of basic offices, which are in light of a legitimate concern for the inhabitants.

“All extra by-laws must be endorsed by method for passing a unique determination in a general meeting,” noticed the representative.

Then, townhouse inhabitants had blended perspectives about the issue. While some vibe the guidelines are out of line and oppressive, others like Ms Ong, a housewife, bolster it. See Sturdee Residences – the-sturdee-residences.sg

She noticed that if any of the offices were harmed, then the expense would be borne by the businesses.

Wellbeing was another thought too. “As of late, I saw a residential assistant utilizing the pool and she had the business’ youngster with her. It was terrifying in light of the fact that the youngster was allowed to sit unbothered while she swam with another assistant.

“They ought to know their occupation scope. If they somehow managed to bring the youngsters down for a swim, then they have to watch them and not simply live it up,” said Ong, who lives in a condominium in the East.

Advertising administrator Estelle Teo, an occupant of another condominium, said she didn’t know about such limitations, which she called “unforgiving”.

Indeed, she wouldn’t see any problems in the event that her local partner utilized the pool or alternate offices, yet it would need to be on her off days, said Teo.

“Give the inhabitants a chance to choose for themselves in the event that they need to permit their partners to utilize the offices. So, I won’t permit her to convey her companions home to utilize the offices as it is hard to disclose to the security watch and neighbors,” she included.

Jolovan Wham, a social dissident and the Executive Director of the Humanitarian Organization for Migration Economics (HOME), feels such standards are old and ought to be scrapped.

He isn’t shocked that there are a few sections of Singapore society who think this is adequate. “We are a general public that does not see household assistants as our equivalents.

“I think we need more mindfulness and instruction about such issues,” he said.

Charges of Development for non-landed private homes up 2.7%

The improvement charge (DC) rates for non-landed private locales have been raised by a normal of 2.7 percent for the time of 1 September 2016 to 28 February one year from now taking after two straight years of withdrawal, said the Ministry of National Development.

As indicated by the Urban Redevelopment Authority (URA), the DC rate is an expense demanded when arranging consent is conceded to do advancement extends that expand the estimation of the area, for example, rezoning to a higher quality utilize and expanding the plot proportion.

Quite, 39 of the 118 topographical segments saw DC rates increment by five to 12 percent, while rates stayed unaltered for the other 79 segments. Division 48, which incorporates River Valley Road, Kim Yam Road, Martin Place and Mohamed Sultan Road, posted the most elevated increment of 12 percent.

Desmond Sim, CBRE Research Head for Singapore and South East Asia, said DC rate increments were “focussed dominatingly in the CBD, presumably on the grounds that foundation is becoming alright and in that capacity, the Chief Valuer might want to keep up the premium for properties in the CBD”.

Three Balmoral at Balmoral Road – www.three-balmoral.sg

“The Chief Valuer had most likely given due respect to the enhancing market estimation in the non-landed private portion, reflected in the 60 percent quarter-on-quarter increment in general deals volume in Q2 2016 and moderate decrease in the (URA’s) all private property list for three progressive quarters subsequent to Q4 2015,” said Tay Huey Ying, Research Head at JLL Singapore.

She noticed that the genuinely forceful upward amendment may have been fuelled by the sharp and bullish offers for a few GLS locales in the six months from March to August 2016. See Forest Woods – New Launch at Lorong Lew Lian, Visit www.forestwoodsresidence.sg

The Martin Place site, for case, drew an aggregate of 13 offers “with the triumphant cost of $1,239 psf per plot proportion speaking to the most elevated unit land cost ever gotten for an immaculate private GLS site”, said Tay.

In light of JLL’s investigation, the executed cost was 42 percent over the area cost ascribed by the division’s DC rate before the most recent modification. Tailing this modification, the DC rate for this part would better reflect market land esteem.

In any case, Tay was amazed that DC rates for landed private destinations were unaltered as this runs counter to market patterns.

The URA record demonstrates that landed home costs have fallen by an aggregate of 12.5 percent since Q4 2013, “yet the DC rates for this utilization bunch have been left unaltered at March 2014’s rates”, she said.

The DC rates are explored like clockwork, in meeting with the Chief Valuer and the Inland Revenue Authority of Singapore (IRAS).

Occupants of Sengkang apartment suite miserable over deformities

Occupants of La Fiesta, a 810-unit apartment suite venture in Sengkang, have grumbled about deformities at their new units, including water leakage and split restroom tiles.

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Worked by EL Development (ELD), La Fiesta got its impermanent occupation grant (TOP) in May, while inhabitants got the keys to their new homes in June; they had spent between S$1.1 million and S$1.5 million on every unit.

By August, be that as it may, a few occupants started encountering issues. They whined of flooding in a few sections of the units, and also split restroom tiles. Others asserted that the racks and cupboards were hinting at wear and tear, and that the completion was not what they had anticipated.

Tan Swee Yong, a senior system administrator who has been inhabiting the advancement for a month, said his bed left spaces in the deck. A few inhabitants have likewise griped about water drainage that has harmed furniture, and recolored dividers; the subsequent wood decay has additionally pulled in creepy crawlies.

“The first occasion when it happened, they fixed it up and guaranteed me it was settled. At that point water leaked through again at the same spot and in another (connecting) room too,” said another inhabitant, Lim Chee How.

“We have been calling the engineer ordinary to settle the issue,” uncovered the IT specialist. See Royal Square at Novenahttp://royalsquare.sg

Occupants noticed that the venture’s engineer has just given stopgap answers for their issues. Accordingly, they have accumulated marks from inhabitants in 120 units as a component of a request for ELD to consent to an intercession session with them.

ELD was likewise in the news a year ago, after inhabitants at Trivelis whined of poor outline and terrible workmanship for its Design, Build and Sell Scheme (DBSS) pads.

On 15 May a year ago, a La Fiesta purchaser composed the property designer to look for confirmation that there would be no such issues at the task.

After four days, the organization’s Managing Director, Lim Yew Soon, composed an email to the apartment suite’s purchasers, saying: “We can comprehend the worries of the buyers of La Fiesta subsequent to realizing of what happened in Trivelis. We might want to guarantee you that we will gain from the lessons in Trivelis and not give history a chance to rehash itself in La Fiesta.”

Singapore – KL High Speed Rail to benefit areas.

With travel time amongst Singapore and Kuala Lumpur slice to only a hour and a half, purchasing a second home or working in Malaysia will turn into a more alluring recommendation for Singaporeans once the fast rail (HSR) is finished in 2026, said investigators who addressed TODAYonline.

The points of interest delivered by the connection will in all probability be procured by the end urban communities, as property seekers, firms, specialists and voyagers zoom in on these two ranges. This makes new launches like Lake Grande at Lakeside an ideal investment property.

As indicated by Francis Tan, business analyst at United Overseas Bank, the HSR line gives Singaporeans choices to put resources into Malaysian properties as the adventure would turn out to be much quicker. All things considered, he anticipates that speculators will eye properties situated inside Putrajaya, which is 25km outside Kuala Lumpur, or close to the Bandar Malaysia end station.

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Known as vacationer centers, Bandar Malaysia and Putrajaya are produced regions with bigger populaces, which implies that these territories will be regarded reasonable for property speculations, including weekend homes.

The weaker ringgit may likewise see neighborhood organizations migrating to Kuala Lumpur in an offer to lessen working expenses, said Savills Singapore Research Head Alan Cheong.

Halfway urban areas along the connection, in any case, may battle as they “once in a while get totally circumvent, unimportant and get to be administration stops”, as occupants search for more open doors in the urban areas for the end stations, said Century 21 Chief Executive Ku Swee Yong.

Johor’s Iskandar area could be the special case as Singaporeans may consider resigning there, said Tan. He noticed that there are arrangements to manufacture restorative centers and retirement homes there, expanding the range’s “status as a retirement place … and see a positive overflow from the HSR”.

By and large, Singaporeans will probably consider Malaysia’s financial and political scene in settling on whether to make a property speculation there.

“Political and monetary instabilities can influence valuations of properties,” said CIMB Private Bank business analyst Song Seng Wun. “You might be hesitant to pay for something on the off chance that you are not certain whether the fundamental economy will be more grounded or weaker.”

In any case, whether the connection will make the city-state additionally engaging for a much greater gathering of Malaysians relies on upon the cost of a ticket, said Tan.

“Undoubtedly there is efficient when they take the train, however evaluating is still very basic,” he said. “It will affect an individual’s decision of coming to Singapore, whether it’s for recreation or work.”

Developer baits purchasers with rent then purchase plan

Property engineer TG Development has disclosed another plan that will permit purchasers to lease a unit at Lloyd Sixtyfive in River Valley before choosing to buy it.

Under its Experiential Leasing Scheme, a potential purchaser can sign a two-year rent and pay the rent and refundable store forthright to stay in a fresh out of the plastic new unit. Coco Palms at Pasir Ris is selling very well. Just next to Pasir Ris MRT. Visit coco-palm.sg

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Should the customer choose to buy the unit, the engineer will discount the rent and the security store, “less any conclusions to the customer after receipt of 20 percent of the price tag”. If not, just the security store will be discounted.

The Urban Redevelopment Authority (URA) had rejected a prior form of the plan, as it might have been “likened to giving the occupant an alternative of up to 20 months from the beginning of the lease to choose on the off chance that he (or she) wishes to buy the unit”.

The new plan varies from the prior adaptation as the leased unit is not held for the occupant.

The Straits Times reported that TG Development will just discharge 20 one-room with study and one-room units under the plan.

With normal costs for one-room units beginning from $1.62 million, or $2,760 psf, the rent for such units works out to around $6,750 every month.

“Amid the occupancy, the customers will have abundant time to get ready for their account,” said TG Development in an announcement.

“They could appreciate the experience of their stay without considering the enthusiasm of their advance as there is no advance required for the low forthright money expense.”