New 2-room BTO flats for singles

Extracted from: http://www.channelnewsasia.com/news/singapore/new-2-room-bto-flats-for/761164.html

Up to one third of the 519 new 2-room flats on sale under the latest Housing and Development Board (HDB) sales exercise have been set aside for singles.

SINGAPORE: Up to one third of the 519 new 2-room flats on sale under the latest Housing and Development Board (HDB) sales exercise have been set aside for singles.

This is the first time singles are able to buy a new flat directly from the government. 

And with all housing grants added in, the selling price could start from S$16,000. 

The 2-room flats are in Sengkang and Yishun. 

All in, the HDB is offering 4,079 flats in this month's Build-To-Order (BTO) sales exercise. 

It's a moment 48-year-old Justin Shen has been waiting for. 

The communications manager is among the first to apply for a 2-room BTO flat as a single.

Starting from the July 30 sales exercise, singles aged 35 years and above and earning up to S$5,000 a month can apply for new 2-room flats in non-mature estates. 

Mr Justin Shen said: "I was very happy to hear they're allowing us to buy directly from the HDB. That means we can now afford to buy a place of our own. 

I've been waiting for this for a long time. Non-mature estates will very fast, very quickly become mature and amenities will also be available. I don't think there's a problem. 

"The size of the flat...of course it would be better if it could have been bigger, but that is not really a top concern." 

Two-room flats are typically about 45 square metres in area. 

The selling price of 2-room flats this time starts from S$76,000, excluding grants. 

Singles who apply for these flats under the Joint Singles Scheme will pay the same BTO price as married couples. 

However, singles who apply under the Single Singapore Citizen Scheme will pay S$15,000 more than married couples. 

Singles who later marry will receive the CPF Housing Top-Up Grant of S$15,000. 

Associate Professor Sing Tien Foo, from the Department of Real Estate at the National University of Singapore (NUS), said; "In the current housing market situation, the prices of resale flats have gone up significantly. So singles may find it difficult to buy HDB resale flats from the resale market, even with the subsidies or grants from the government. "

So the new policy will be a very positive move for these singles. Some studies show that in fact by giving them a house earlier, it may not necessarily defer their marriage decision and (having) children decision. 

"By giving them housing earlier, probably it would be an incentive for them to settle down earlier, because the cost of living, the cost of housing has been settled earlier." 

The government will also extend other CPF Housing Grants to eligible singles buying BTO flats.

Under the Additional CPF Housing Grant, singles applying on their own (that is under the Single Singapore Citizen Scheme) and earning a monthly income of up to S$2,500 can receive up to S$20,000; while under the Special CPF Housing Grant, those with an income of up to S$1,125 can receive an additional grant of up to S$10,000. 

If they apply under the Joint Singles Scheme, the income ceiling and grant amount doubles. 

With maximum grants, which can add up to S$60,000, the selling price for the 2-room flats will start from S$16,000. 

Some analysts expect the take-up rate for the singles scheme to be good. PropNex CEO Mohamed Ismail said: "I do foresee a pent-up demand and as such, with the introduction of the incentive of the grant, I would not be surprised the subscription units will be close to five or even marginally more than five times. 

"Interestingly we must also note that among the two-bedroom BTO flats, there are a good number - close to 200 - of which are likely to be completed end of next year or beginning of 2015." 

With effect from this BTO launch, the monthly household income ceiling for families for 2-room flats in non-mature estates will be increased from S$2,000 to S$5,000. 

HDB says this is to give more families the option to buy such flats. 

A couple comprising a first-timer and a second-timer applicant will also now be able to enjoy the same priority in flat allocation as families comprising two first-timers. 

Three other refinements to the government's housing policy were also announced on Tuesday. 

Singles buying resale flats in the open market and earning up to S$5,000 a month will now have the Additional CPF Housing Grant extended to them. 

This means they will get an additional grant of up to S$20,000 if they apply on their own. 

The grant will be doubled to up to S$40,000 if they apply under the Joint Singles Scheme. 

This is on top of the CPF Housing Grant that they would already be getting. 

Applications for this month's BTO exercise will close on August 5. 

The next BTO exercise will be in September, where more than 4,000 units in Punggol and Yishun will be made available. In addition, about 170 new two-room units from earlier BTO exercises in Punggol will also be on offer. 

 - CNA/ir

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I have just read this piece of news from Channel NewsAsia. I think this is a great move for singles. After all, singles also need to have a house/home right?

No Mobile Phone

I feel so uneasy without a mobile phone. Ah yoh! My boyfriend and I haven't been contacting each other. Will we just lose contact? Hm.. I am uncontactable! Okie, not exactly. I haven't moved to an isolated place yet.

Mobile Phone

My iPhone died on me again. WTH lah. My $60 repair fee has been wasted. Damn it!! I really really need to buy a new handphone soon.

News

I don't really like to read the news lately because I feel disheartened every time I read the news. I don't really like human beings these days. Although I know that there are many nice and kind-hearted people, there are also many disgusting people (to me) around. Am I out of my mind or what? Oh well. I promise myself that I have to be a nicer and more optimistic person. By the way, there's a nice guy who gave up his seat on the bus to my mother. Wish that there are many such people around =)

I think I need a break from my routine life and Singapore. Wanna get away to some place. Am watching 衝上雲霄 II (that TVB drama is great!) lately. Wish that I can work in an interesting place like the airport. So cool! I have a special liking for the airport.

Review - 日本村 Nihon Mura

日本村 or Nihon Mura is a Japanese restaurant where customers can take a pick of more than 30 varieties of Sushi on the conveyor belt. The customers can also order some non-sushi dishes. If I remember correctly, the sushi only cost $1.50 per plate. Of course, the quantity and quality are not really that great.

Robin and I went to the outlet at Cineleisure. There was a long queue. Probably because it was a Saturday. Sorry, I did not take many photos as I was starving after queuing for quite some time. Oh yeah, they limit per table to eat for 1.5 hours only. It was enough for us though. We had a movie to catch afterwards anyway.

You can put a clip with your table number at a picture of prawn on the conveyor belt and a plate of prawn will come. Same for other non-sushi dishes.

Review - PappaRich

PappaRich is a casual Malaysian diner offering Malaysian delight street food and traditional favourites. The prices there are quite reasonable too. If you are interested to know more, check out their website: http://www.papparich.com.sg

The first time I went to PappaRich was in Kuala Lumpur. I find the food there so-so only. The Singapore branch is better. By the way, I went to the branch at Parkway Parade. I like the environment and ambience there. Very nice =)

See the restaurant's interior. It looks so nice! 

Robin's chicken rice.

My curry noodles. Not bad.

After lunch, we went to try fruit juices at a nearby fruit juice stall. I also love the stall's decorations. So bright and cheery. Feels healthy too!

Cheers~

Pessimism

Saw this piece of news: http://sg.news.yahoo.com/are-singaporeans-really-pessimistic--140336855.html

Are Singaporeans generally pessimistic? I am not sure about others but I think that I am a pessimistic Singaporean. I don't really know why but I just can't help it. I also wanna be positive and optimistic but it is hard sometimes. Alamak. Anything wrong with me? How to be more positive?

Review - The Rooftop 天台

The Rooftop is Jay Chou’s second film as a movie director after Secret in 2007. It is a musical extravaganza combining elements of martial arts and special effects. It stars Jay Chou alongside Eric Tsang, Wang Xueqi and Alan Ko in a story set in a fantasy world comprised of two distinctly contrasting communities and lifestyles. One group lives on rooftops, where they dance and sing every day, passing their days without a care in the world, while below them are the people living under the rooftops, who possess more money and power but not necessarily happier.

I have read a lot of critics. Most people said that Jay Chou can't act well, etc. However, I think that this is a pretty good movie. It is better than I expected and it was really touching in the end. Almost teared. Worth to watch! By the way, I can't believe that Secret was screened 6 years ago. It doesn't feel so long ago to me. Oh well. Time really flies. Kinda scary. I wish that I can turn back the clock to 6 years ago.

Being Late

I have this bad habit which I really wanna kick. I AM ALWAYS LATE IN MEETING PEOPLE. Okie, maybe not always but most of the time. I didn't use to be like that =( I'm sorry people.

Review 2 - Chin Huat Live Seafood

Remember my earlier post regarding Chin Huat Live Seafood restaurant? If not here's for you to refresh: http://coffeeluvs.blogspot.sg/2013/01/review-chin-huat-live-seafood.html

My family and I went to Chin Huat Live Seafood restaurant to celebrate Mother's Day this year. That time I didn't take photo of the food but this time round, I did. So, here are the photos for you to drool. Lolx~

 Huge lobsters!

Busy-ness

Gosh!! I have soooo many things to update but just have no time to. Alamak! And I feel so tired/sleepy now. Dozens of photos to edit. I need more time. Seriously!!

Rejecting Others

How come it is so easy for some people to reject others but it's more difficult for me. Hm.. How to improve on this?

July Shopping List

Last post before I sleep. Here is a list of things I need/want:

1. The Hunger Games books - bought
2. Wet tissues
3. Facial wipes - bought
4. Optic white colgate
5. Treat Robin to crab - completed
6. Rebond my hair - I have been wanting to do it for ages!
7. Sole Lovers shoes
8. Ripples slippers
9. Contact lens solution
10. Some new clothes/dresses - Robin just helped me to donate some stuff to the Salvation Army so I have got more space for new clothes. Haha~

I think that's about it. I can't really remember. Maybe I will have some more to add on. By the way, I have got 2 new Paul Frank t-shirts that are not on the list. Haha.

Can't Bear to Sleep

I am freaking tired but I can't bear to sleep. I just want my weekend to go on forever. Haha. Am I nuts or what? Is there anyone who feels the same?

Cute Motorbike?

I saw this cute motorbike one day. Or is it a scooter? Anyway, it's cool and stable (at least better that the common motorbike). Has 3 wheels. I like! Haha.

Insect Bites in Cathay Movie Theatres!

I really love watching movies. Always went to Cathay but I think I will not be going there anytime soon as I have insect bites again. My upper thigh is swollen again! Gosh, I think that Cathay seats are really dirty.

See my insect bites the other time: http://www.coffeeluvs.blogspot.sg/2013/05/rant-grand-cathay.html

And now:

Really WTH lor! =.=

Food in Sentosa

Remember Robin and I went to the S.E.A Aquarium earlier on? See here: http://www.coffeeluvs.blogspot.sg/2013/06/sea-aquarium.html and http://www.coffeeluvs.blogspot.sg/2013/06/sea-aquarium-part-2.html. Well, we went around looking for places to have dinner afterwards. Wanted to eat in Din Tai Fung initially but it was crowded there. Need to wait for at least 30 minutes. Gosh, if you read my earlier posts, we have spent that day queuing and waiting for a few hours. We just wanted to sit down and eat our dinner so we gave Din Tai Fung a miss. Will try it another time. By the way, the Din Tai Fung in Resorts World Sentosa is huge!

Anyway, we settled down for dinner at the Imperial Treasure nearby. Just needed to wait for 15 minutes. Oh well. Forget it. Dinner was great!

It's July!

Gosh, it's already July. So fast. I have been feeling tired lately so I haven't been blogging much =( Hopefully, I will have some time in the weekend to blog more!

By the way, it's July and I have a new budget to shop. Seriously need to buy some stuff. Maybe I will jot down a list or something.