Getting an EC vs. BTO Flat: What are the Differences?

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By Ryan Ong, moneysmart.sg

Why does everyone assume you’re rich if you buy an EC? That doesn’t make sense. By the time you make the down payment and cover the installments, the EC means you’re pretty much the opposite of rich. Here’s a run-down on the painful differences, when you choose an EC over a BTO flat:

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840,000 HDB households to receive $86 million of S&CC rebates

The rebate was announced during Budget 2016 to provide additional support to HDB households. - straitstimes.com

The rebate was announced during Budget 2016 to provide additional support to HDB households. – straitstimes.com

SINGAPORE – Around 840,000 HDB households can expect to receive $86 million worth of Service & Conservancy Charges (S&CC) rebates, the Ministry of Finance said on Friday (April 29).

In total, each eligible Singaporean household will receive one to three months of S&CC rebate, depending on their HDB flat type. Eligible households would have received a letter in April with more details of the S&CC rebate.

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This Online Tool Compares Your Salary to the Global Average

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Talking about your income is awkward at best and rude at worst—but knowing where you stack up is an important negotiation tool. Websites like Glassdoor allow you to anonymously compare your salary to others in the same or similar fields, but how does that compare to the national average? Or the average salaries of other countries? A calculator on the CNN Money website can now give you this valuable perspective.

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For Rent – 955 Hougang Avenue 9 (Room Rental)

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Master bedroom for rent; Semi-furnished with aircon; Immediate; Asking price $1,000/month

  • Bus Services Available: Bus 70, 103, 43, 159, 72, 854, Premium
  • Bus service to CBP (742)
  • Nearest MRT stations (10-15 mins distance by bus): Serangoon, AMK, YCK, Hougang, Buangkok
  • 3 mins walk to Hougang 1 mall: Fairprice Extra, Kopitiam, McDonalds, KFC, Watsons.

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For viewing, please contact:
Noena de Leon
HP#: 8180 4135
Email: noenadeleon@dwg.com.sg
CEA Reg#: R018523C

 

For Sale – 110 Commonwealth Crescent (HDB, 3Std)

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This is their first home…and like any other firsts in their lives, the home was planned and done with only one thing in mind–the best there is.

Commonwealth MRT is only 5-10 minutes away, Holland Village, Wet Market…Everything in their fingertips.

It is with a heavy heart that they need to move on to another chapter in their lives. But it’s also tinged with excitement and hope for a wonderful new beginning.

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HDB investigating a flat with 17 tenants

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SINGAPORE : The Housing Board is investigating a complaint that a three-room flat at Block 44 of Teban Gardens is being rented out to a large number of tenants.

“When I got there, I found more than 20 people. One of the bedrooms had four double-decker beds,” said Mr Tian, 25, a former occupant as reported the Shin Min Daily News.

According to the report, there are curtains to separate areas in the living room, which has four bed spaces, and even the storeroom is being rented out. Each room has around six people, with 17 tenants in total, estimated Tian, who once leased a bed for S$250 a month from a ‘master tenant’ known as Mr Liu.

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