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Welcum to Sinkipur... Jiuhu 又做到了追HDB BTO Huat Big Big Dream... Gxgx

HDB dream: She gave up her citizenship to pursue Singapore home​

a6896ef0-1bfb-11ee-bff5-aa1f52cf7e32


This is nice, welcome to Sinkieland, haha
 
Her Singapore dream included building a comfortable home for herself, in one of the many Housing & Development Board (HDB) flats she saw dotted around the country.

Now, Ng, 33, and her husband – a 34-year-old Singapore Permanent Resident (SPR) from Malaysia – are proud owners of a three-room HDB flat in Queenstown which they purchased from the resale market in 2021.

Ng and her husband have been working as pharmaceutical sales representatives in Singapore since they first arrived in 2014. The two, who have been dating since their university days in the UK, married in 2018. Upon graduation, they worked in London for a year and obtained their pharmacy licenses. They then set their sights on moving to Singapore.
 
Steady High Incum Jiuhu couple

The couple were also aware that they weren't eligible for any of the available HDB housing grants because their combined income had exceeded the household income ceiling of S$14,000. For instance, through the CPF Housing Grant for Resale Flats (Families), eligible buyers can receive up to S$80,000.


"Personally, I think it is a bit unfair to include transport allowances as part of our household income because the transport allowance would surely go out of the pocket every month," said Ng on having their company-provided allowances count toward their household income.
 
Budget is 670k and above.... Rejoice


Yahoo Finance
Yahoo Finance Singapore

HDB dream: She gave up her citizenship to pursue Singapore home​

Timothy Kang
Timothy Kang
21 July 2023, 7:30 pm
Singapore flag with brush effect on the left, a modern HDB building in Queenstown on the right.

A woman, who is an ex-Malaysian, shares her story about becoming a Singapore citizen and owning her own HDB flat. (PHOTO: Getty)
SINGAPORE — In early 2021, PY Ng walked into the High Commission of Malaysia in Singapore to surrender her Malaysian passport and identity card.
It was a significant moment for the new Singapore citizen, who had been harbouring dreams of living in Singapore since she visited the city-state as a 20-year-old student while on holiday. "I remember looking at the Marina Bay Sands in awe," Ng recalled, in an interview with Yahoo Finance Singapore. She also learnt about, and experienced firsthand, Singapore's reputed safety and cleanliness.

Her Singapore dream included building a comfortable home for herself, in one of the many Housing & Development Board (HDB) flats she saw dotted around the country.
Now, Ng, 33, and her husband – a 34-year-old Singapore Permanent Resident (SPR) from Malaysia – are proud owners of a three-room HDB flat in Queenstown which they purchased from the resale market in 2021.
Ng and her husband have been working as pharmaceutical sales representatives in Singapore since they first arrived in 2014. The two, who have been dating since their university days in the UK, married in 2018. Upon graduation, they worked in London for a year and obtained their pharmacy licenses. They then set their sights on moving to Singapore.

No HDB grant​

When sharing her story, Ng made it clear that she did not become a Singaporean just so she and her husband could own an HDB flat – SPRs and foreign nationals are permitted to own HDB flats as well, with some restrictions. "I made the decision to become a Singapore citizen because I intend to start and raise a family here," said Ng.
The couple were also aware that they weren't eligible for any of the available HDB housing grants because their combined income had exceeded the household income ceiling of S$14,000. For instance, through the CPF Housing Grant for Resale Flats (Families), eligible buyers can receive up to S$80,000.

"Personally, I think it is a bit unfair to include transport allowances as part of our household income because the transport allowance would surely go out of the pocket every month," said Ng on having their company-provided allowances count toward their household income.

Search for a HDB home​

Grant or no grant, the couple was nevertheless determined to realise their dreams of owning their first home together in Singapore. They began hunting for a flat soon after Ng was granted her Singapore citizenship, hoping to find one in Queenstown as they had previously rented an apartment there and really liked the neighbourhood.
It didn't take long for them to find a unit that appealed to them – one with exactly the same layout as the home that they were renting at the time. They had a budget of around S$650,000 while the flat was listed for the price of S$670,000.
"Although it was slightly over our budget, we decided to go for it because similar units in the vicinity were actually priced above S$700,000 at the time," said Ng.
 

Singapore dream come true​

Looking back on their journey, Ng reflected that although it was a long process – from her citizenship application to finally purchasing a home – it was a fruitful one.

"After 10 years of renting a room, and staying with uni mates, friends and strangers over the years, we are so delighted to finally have our own place that we can call home," said Ng.
 
According to Ms Christine Sun, OrangeTee & Tie’s senior vice-president of research and analytics, “Mainland Chinese were the largest group of foreign buyers in Singapore from 2017 to 2022 and in the first quarter of 2023. However, this changed in the second quarter of 2023 as 56 condo units were bought by Americans, surpassing the 51 units purchased by mainland Chinese buyers.”

The reason it is “not surprising” is because Americans, along with citizens of Norway, Iceland, Switzerland and Liechtenstein are exempted from paying Additional Buyer’s Stamp Duty (ABSD) of 60% applicable to all other foreigners, due to the Free Trade Agreements (FTA) we have signed with them (US-Singapore FTA and the European FTA).

The Americans and these Europeans are thus enjoying a huge discount compared to other foreigners.
 
Singapore is flourishing as a market for Swiss watches, and its homegrown watch brands are blossoming, too.

Fifty years ago, according to its profile on the World Bank site, the country suffered from severe unemployment and poor infrastructure, but decades of internal investment have helped develop a high-income economy. And many of its approximately 5.5 million residents are buying high-end watches.

Between January and May, exports of Swiss watches to Singapore rose to 676.4 million Swiss francs, an 8.6 percent increase over the same period last year, according to the Federation of the Swiss Watch Industry. The results prolonged its ranking as the world’s sixth largest market, ahead of Germany, France and the United Arab Emirates.
 

Qingjian and Santarli preview Altura executive condo from $1,376 psf​

By Cecilia Chow
/ EdgeProp Singapore |
July 24, 2023 5:00 AM SGT

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Altura EC sales gallery opened for preview on July 22 (Photo: Qingjian Realty/Santarli Realty)
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Qingjian Realty and Santarli Realty previewed Altura executive condo (EC) on July 22. The 360-unit EC is situated on Bukit Batok West Avenue 8. It's the first EC in Bukit Batok to be launched since 2001 when the 248-unit EC The Dew at Bukit Batok Street 21 was launched.

The project is located within the Bukit Batok heartland, near the Jurong urban region, the upcoming Tengah Forest town and 1km from the Anglo-Chinese School (Primary). Other schools nearby include Dazhong Primary School, Dunearn Secondary School and Dulwich College (Singapore).





a6086e-EXTERIOR-THE-ALTURA.jpg

Exterior of the 360-unit Altura executive condo at Bukit Batok West Avenue 8 (Picture: Qingjian Realty/Santarli Realty)

Prices of the units range from $1.348 million ($1,376 psf) for a 980 sq ft, three-bedroom premium-plus-study; $1.668 million ($1,383 psf) for a 1,206 sq ft, four-bedroom flexi deluxe; $1.988 million ($1,388 psf) for a 1,432 sq ft, four-bedroom flexi premium; and $2.188 million ($1,422 psf) for a five-bedroom premium-plus-study.


Altura is the second EC project jointly developed by Qingjian and Santarli, which won the development site at Bukit Batok West Avenue 8 with a bid of $266 million, or a land rate of $662 psf per plot ratio (psf ppr) in March 2022. It was considered the highest land rate paid for an EC site.





53a41f-LIVING-ROOM-ALTURA.jpg

Showflat of a unit at Altura EC (Photo: Qingjian Realty/Santarli Realty)

The first EC project by the joint venture partners was the 618-unit Tenet at Tampines Street 62. Launched on December 3, the project has sold 614 units (99.4%) at an average price of $1,382 psf, based on caveats lodged to date.
Altura is near Bukit Batok Station (North-South Line) and the future Tengah Plantation Station (Jurong Region Line), and business hubs like the Jurong Lake District, Singapore's second CBD, and The Metropolis at one-north.





8ef3de-LANDLENS-ALTURA-EC-BKT-BATOK-WEST-AVE-8.jpg

Qingjian Realty and Santarli Realty won the site with a bid of $266 million and emerged at the top of nine bids in a government land sale tender in March 2022 (Source: EdgeProp Landlens)

E-application for Altura opened on July 22 and will close on July 31, with sales bookings to begin on August 5.


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Tags:Altura
EC
executive condo
Qingjian Realty
Santarli Construction
Santarli Realty

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everybody is trying to dispose of the printed fiat money from the central banks, especially from the west
 
Cb ,jiuhu kia ,one vecome sg citizen n another one pr ,so can buy hdb n own properties in Malaysia, cb hope opposition cone in power n restrict all these, cos pap many jiuhu kia background
 
millim6868 said:
Cb ,jiuhu kia ,one vecome sg citizen n another one pr ,so can buy hdb n own properties in Malaysia, cb hope opposition cone in power n restrict all these, cos pap many jiuhu kia background
Click to expand...
Savvy Balai Hedge mah
 
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