 |
Asia USA Realty
(Singapore)
asiahomes.com Pte Ltd
Estate Agents Licence No.
L3007306B
14 Apr 2011
|
Focus:
We
get for you affordable Singapore homes
Rent or Investment |
|
PAVILION 11
Near downtown Singapore
|
| |
23, 25 Akyab Road, Freehold
condominium, Completed: 2009. 180 units. 2 blocks each with 3
columns of apartments (2 corners and 1 intermediate). 33 floors.
Private lift. Each unit has a balcony.
Facilities: Lap pool, children's pool, jacuzzi pool,
reflective pool, BBQ deck, fitness corner, rainforest jet pavilion,
jet pool pavilion, massage pavilion, reading pavilion, playground.
2-bedroom 89 sq m (958 sq ft).
3-bedroom 138 sq m (1485 sq ft).
4-bedroom penthouse 392 sq m (4219 sq ft). See description below of
the 2 levels & roof garden.
DESCRIPTION OF THE PENTHOUSE
Penthouse Roof garden and jacuzzi. 3lst floor.
Penthouse Upper Level. 4 bedrooms. This includes 2 large
bedrooms with attached bathrooms at right and left corners and 2
other bedrooms sharing a common bathroom. 31lst floor.
Penthouse 392 sq m (4219 sq ft). Lower Level. 3lst floor.
Separate living and dining areas, wet & dry kitchens, balcony opens
to sky.
Novena subway, United Square and Novena Square shopping malls
nearby.
|
|
FOR RENT |
 April
9, 2011
For Rent
Pavilion 11 3+1 1485 sq ft $6,400. South-west facing. Breezy &
bright. Private lift, spectacular city and integrated resort
views. Walking distance to Novena subway.
2+1 958 sq ft $3,800.
Other units are available.
E-mail
judy@asiahomes.com Tel: +65
9668 6468. |
TIPS FOR
REALTORS
|
HDB InfoWeb at
Buy Resale Flat CPF Grant
The Singapore Government provides eligible buyers of resale
flats a housing subsidy. The rationale, according to my lecturer
on April 13, 2011 is that properties are inelastic - meaning it
takes a long time to complete a development. So, the Government
provides a housing subsidy to buy resale HDB flats.
You need to remember the different grants for the CEA
examinations:
|
For married couples
who are
|
Family Grant |
For married couples
who are
-
First-timer applicants and
-
Buying a resale flat near their parents'/married
child's HDB flat or owner-occupied private
residential property
|
Higher-tier Family
Grant |
Applicants of
$30,000 Family Grant/$40,000 Higher-tier Family Grant,
if:
-
They have worked for at least 1 year
and
-
Average monthly household income over the last 1
year does not exceed $5,000
|
Additional CPF
Housing Grant (AHG) |
For Single
Citizens:
-
Single applicants aged 35 and above who buy the
resale flat to live on their own under Single
Singapore Citizen (SSC) Scheme, or
-
2-4 Single Citizens aged 35 and above who jointly
buy a resale flat under Joint Singles Scheme (JSS)
For Singapore
Citizens above 21 years who are
-
Married to a non-citizen spouse who is holding a
social visit pass (including work permit) with a
validity of at least 6 months under Non-Citizen
Spouse Scheme
|
Singles Grant |
For single citizens
who are
-
Aged 35 years and above
-
Buying a resale flat to live with their parents
|
Higher-tier Singles
Grant |
For Singles Grant
recipients who subsequently get married
Also applicable for Singles Grant recipients under the
Non-Citizen Spouse Scheme whose non-citizen spouse or
child subsequently obtained Singapore Citizenship or
permanent residence status. |
Top-up Grant to the
Family Grant |
|
For a first-timer
citizen with spouse who had previously enjoyed a
housing subsidy |
Half-Housing Grant |
|
My lecturer's notes
as at April 13, 2011 provide the following info:
1. CPF Housing Grant - HDB Resale Flat Only.
(i) $30,000 Family
Grant for lst-time applicants buying HDB resale.
(ii) $40,000 Family Grant for lst-time applicants
buying HDB resale, 2 km for a parent's or married child's
HDB or private home or in the same HDB estate.
(iii) $11,000 Singles Grants, Single Singapore Citizens to
buy resale. $22,000 Joint Singles Scheme for 2-4 Single
Citizens to jointly buy resale.
(iv) $30,000 or $40,000 top-up to the Family Grant for
Singles Grant recipients who marry subsequently.
(v) Non-family Scheme. Singles Grant for Single
Singapore Citizens to buy a resale to live together with
their non-citizen parents. |
2. CPF Additional
Housing Grant (AHG) - Low-Income Family (2006)
|
Singapore households
whose income is up to $5,000/month & works
continuously 1 year before buying the HDB flat. This grant
is in addition to the CPF Housing Grants for eligible
applicants. |
3. Low-Income Special
Housing Grant (2011).
|
Average household
income up to $2,500/month to buy 2-room or 3-room
new flats from the HDB. This grant is in addition to the
CPF Housing Grants for eligible applicants. |
You can see that the HDB
webpage has mountains of info of the terms and conditions of the
Grant to confuse you. It is best to focus on the lecturer's
notes as there are at least 1,000 pages more to study.
There is a lot of info
to remember for the exam. Study the lecturer's notes
regularly rather than at the last minute. I just remember
$40,000, $30,000, $22,000, $11,000, $5,000, $2,500 but if
that is all, I probably will not pass the exam. Try and
find something interesting to remember.
Maybe the Singles Grant. For 2-4 singles. Why 4 singles?
Must they be of different gender or not? |
Another new change to the
Conveyancing and Law of Property Act had been passed in
Parliament on Apr 11, 2011. "Conveyancing rules changed
to better protect clients' money." Now approved banks or
the Singapore Academy of Law can hold the conveyancing money on
behalf of buyers and sellers, not the law firms' client
accounts. Withdrawal require signatures from two parties -
usually lawyers for the buyers and seller. Criminal
offence to breach the new rules - $50,000 fine or up to 3 months
jail.
But lawyers who had fled the country with the clients' monies
had taken much more than $50,000! |
|
|
|
|
Subdivisions
(condo & house details) has some of the details of the
advertised condos. |
|
|
Tel: +65 9668-6468,
e-mail
judy@asiahomes.com for viewings |
|
ŠAsia USA Realty (Singapore) asiahomes.com
Pte Ltd. Website:
asiahomes.com.
Blk 1002, Toa Payoh Lor 8,
#01-1477,
Singapore 319074, Republic of Singapore
Estate Agents Licence No. L3007306B
Salesperson Name/Registration No. Sing Kong Yuen/R030822Z
Asia USA Realty (Singapore) asiahomes.com Pte
Ltd
Finding Affordable Homes For Expatriates |
|
