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WTF...this is a world class country?????
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</td></tr> <tr><td class="msgtxt" id="msgtxt_1">An appeal to HDB against eviction
June 24th, 2011 |
Author: Contributions |
Edit
The last time we invited experienced property journalist Mr. Khalil Adis to write for us exclusively on this issue to highlight the flight of Alvin Eng who approached us Property Buyer for help on this matter of HDB eviction. We wrote to Ms Goh of HDB on behalf of Alvin Eng and HDB rejected our appeal for Alvin Eng to pay down his HDB home loan arrears in smaller sums as he has finally found work and is willing to pay down the arrears. HDB insisted he pays his arrears in full. And Alvin cannot sell his HDB home now as he is into only his 3rd year of his 5 years Minimum Occupancy Period. HDB has far too many rules.
With so many rules, why is this “Asset” priced so high and causing hardships to HDB home buyers in repaying home loans?
This is the scanned copy of HDB’s eviction letter:
Alvin Eng has appealed unsuccessfully to HDB against his eviction. Does HDB have a heart?
Below is the email we wrote to Ms Goh of HDB on 16th June 2011:
PLEASE GET IN TOUCH WITH US PROPERTY BUYER MORTGAGE CONSULTANTS
Anyone willing to help or has suggestions or ideas to solve the problem, kindly contact Property Buyer Mortgage Consultants at SMS: 9782 8606 or Email: [email protected].
.
* Reproduced with permission from PropertyBuyer.com.sg
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<table border="0" cellpadding="0" cellspacing="0" width="100%"><tbody><tr><td class="wintiny" align="right" nowrap="nowrap">53101.1 </td></tr><tr><td height="8">
</td></tr> <tr><td class="msgtxt" id="msgtxt_1">An appeal to HDB against eviction




With so many rules, why is this “Asset” priced so high and causing hardships to HDB home buyers in repaying home loans?
This is the scanned copy of HDB’s eviction letter:

Alvin Eng has appealed unsuccessfully to HDB against his eviction. Does HDB have a heart?
Below is the email we wrote to Ms Goh of HDB on 16th June 2011:
To: [email protected]
From: [email protected]
Cc: Khalil Adis, Alex Lew, Alvin Han Lim ENG
Subject: APPEAL: Eng Han Lim, Alvin Case – Compulsory Acquisition of BlkXX Circuit Road, #XX-XXX
Date: June 16, 2011 PM 10:24:16 GMT+08:00
.
Dear Ms Goh,
We are writing on behalf of Alvin Eng again to seek your kind consideration to restructure his arrears. Now that he is back on his feet with a job, he is willing to pay back as much as possible from his pay, it would be very sad to see him lose his home and end up on the streets.
Alvin Eng is more than willing to pay down his arrears and is seeking your kind help in this matter. He and his family will have no place to stay if he gets evicted and he will end up renting and be subjected to poverty perpetually.
Alvin’s Pay
About $XXXX. His CPF estimated is XXX per month.
Take Home $XXXX+
Expenses $500
Total Disposable $XXXX
Other Sources of Income
Wife looking for job $ (to be determined)
Year end bonus and 13th month – estimated at $4000 per annum.
If HDB allows him to rent out 1 or 2 rooms in his HDB flat – $1200 per month (Renting out 2 rooms should be quite easy).
Debt
Based on your letter, Alvin owes $34,XXX in arrears equivalent to 22.5 months of installment amount. This means that monthly repayment is $1580.
Our Proposal
Alvin’s CPF $xxx + $xxx (Cash) goes into existing repayment – Total $1580
Alvin can repay another $320 towards lowering of the home loan Arrears each month (for the 1st 3 month – then from the 4th month onwards, he will increase his repayment of arrears to $1580 every month) – In other words, for every month of installment, he is able to reduce his arrears by 1 month.
Conclusion
Alvin will have the repayment capability if you allow him and give him a chance to live in dignity. He has the courage to face failure, stand up again and work hard to earn a living. Please don’t knock him down. Your understanding and justification to your bosses will definitely help a lot. Technically speak, anyone could end up in Alvin’s state. It could be you or I or someone close to you. Losing your job in the private sector is a real and every day’s event. This contrasts to working in the government service where jobs are slightly more secured.
Once again, we look forward to your kind consent and good news.
.
Regards,
Spokesman of www.PropertyBuyer.com.sg
ps: Khalil, kindly forward to Deputy PM Mr Tharman for his views on this matter. Alex, please ask Mr Leong to help review and assist if possible.
(the above letter contains minor amendments to hide sensitive confidential data)
CAN YOU HELP ALVIN? DO YOU KNOW SOMEONE IN HDB WHO CAN HELP?From: [email protected]
Cc: Khalil Adis, Alex Lew, Alvin Han Lim ENG
Subject: APPEAL: Eng Han Lim, Alvin Case – Compulsory Acquisition of BlkXX Circuit Road, #XX-XXX
Date: June 16, 2011 PM 10:24:16 GMT+08:00
.
Dear Ms Goh,
We are writing on behalf of Alvin Eng again to seek your kind consideration to restructure his arrears. Now that he is back on his feet with a job, he is willing to pay back as much as possible from his pay, it would be very sad to see him lose his home and end up on the streets.
Alvin Eng is more than willing to pay down his arrears and is seeking your kind help in this matter. He and his family will have no place to stay if he gets evicted and he will end up renting and be subjected to poverty perpetually.
Alvin’s Pay
About $XXXX. His CPF estimated is XXX per month.
Take Home $XXXX+
Expenses $500
Total Disposable $XXXX
Other Sources of Income
Wife looking for job $ (to be determined)
Year end bonus and 13th month – estimated at $4000 per annum.
If HDB allows him to rent out 1 or 2 rooms in his HDB flat – $1200 per month (Renting out 2 rooms should be quite easy).
Debt
Based on your letter, Alvin owes $34,XXX in arrears equivalent to 22.5 months of installment amount. This means that monthly repayment is $1580.
Our Proposal
Alvin’s CPF $xxx + $xxx (Cash) goes into existing repayment – Total $1580
Alvin can repay another $320 towards lowering of the home loan Arrears each month (for the 1st 3 month – then from the 4th month onwards, he will increase his repayment of arrears to $1580 every month) – In other words, for every month of installment, he is able to reduce his arrears by 1 month.
Conclusion
Alvin will have the repayment capability if you allow him and give him a chance to live in dignity. He has the courage to face failure, stand up again and work hard to earn a living. Please don’t knock him down. Your understanding and justification to your bosses will definitely help a lot. Technically speak, anyone could end up in Alvin’s state. It could be you or I or someone close to you. Losing your job in the private sector is a real and every day’s event. This contrasts to working in the government service where jobs are slightly more secured.
Once again, we look forward to your kind consent and good news.
.
Regards,
Spokesman of www.PropertyBuyer.com.sg
ps: Khalil, kindly forward to Deputy PM Mr Tharman for his views on this matter. Alex, please ask Mr Leong to help review and assist if possible.
(the above letter contains minor amendments to hide sensitive confidential data)
PLEASE GET IN TOUCH WITH US PROPERTY BUYER MORTGAGE CONSULTANTS
Anyone willing to help or has suggestions or ideas to solve the problem, kindly contact Property Buyer Mortgage Consultants at SMS: 9782 8606 or Email: [email protected].
.
* Reproduced with permission from PropertyBuyer.com.sg
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