CEHA January 2009 Papers for Download

I have to give credits to CEHA.sg, a forum for Realtors to discuss about CEHA, share listings and musings.

This are the scanned copies of CEHA papers for January 2009 (Right click and Save-as). Sam Gian will probably have his model answers somewhere.

Keep these scanned pdfs coming in or share with us in CEHA.sg. Realtors who decides to self-study for CEHA will have to understand its always possible that you can do so, but do not look down on the questions that will be asked. Download a copy of the above January 2009 papers or the 2008 ones that I’ve taken and you will understand.

I have contacted SISV to give me an update when they’re opening their course for the next July 2009 CEHA exams.

Agency Pays Up on Flipping Profit to Couple

Remember the case we mentioned a month ago with regards to two unethical agents? The agency pays up the differences to the original sellers of $257,000.00 and the agents have since quit the firm.

A COUPLE who successfully sued estate agency ERA Realty Network for flipping their apartment has got back the money that the agents made on it, with interest.

ERA yesterday said that it would not be appealing against the decision last month ordering it to pay $257,000 to Mr Yuen Chow Hin and his wife, Madam Wong Wai Fan.

The couple had sold their two-bedroom downtown apartment for $688,000 through ERA agent Jeremy Ang in 2007, thinking it was the best price he could get them.

… Source: Straits Times Online

Continue reading “Agency Pays Up on Flipping Profit to Couple” →

Double Bay Launches this Friday

Double Bay At Simei is going to launch this coming Friday (6th of March) jointly marketed by ERA and Knight Frank.

IAS (Interest Absorption Scheme) will be offered to this project by both local banks UOB and OCBC. You can find out more details exactly about Double Bay here.

Interested parties can drop me a message and I’ll arrange the VIP preview for you :)

Grand Duchess Photo Updates on 28th February 2009

Here’re some more photos of Grand Duchess at St Patrick’s in progress on 28th of February 2009.

Grand Duchess at St Patrick's with Stack 18 & 19

Grand Duchess from Marine Parade Road with Stack 19 View

Continue reading “Grand Duchess Photo Updates on 28th February 2009” →

MND Lowers Development Charge (DC) by 4% to 15%

Singapore government board Ministry of National Development (MND) has dropped its development charge for the following sites with this current revision:-

Reduction of 15% of DC for non-landed residential use

Reduction of 10% of DC for hotel and hospital use

Reduction of 4% of DC for commercial use

No changes to landed residential and industrial use.

The actual revision and press release can be found in URA’s Press Release on 27th February 2009.

MND reviews its DC rates after consulting with the Chief Valuer, taking into account of the current market values.

What is Development Charge? The Actual Principle of DC

Land value can be enhanced with the Government approve its change of rezoning or adjustment of its plot ratio to a higher value. Development charge actually allows the government to tax on the profit gained from the enhancement of the land upon approval of the proposed plan. Continue reading “MND Lowers Development Charge (DC) by 4% to 15%” →

Double Bay, The Arte and The Beverly Launches

Taking the advantage to ride the success of recent new launches (Alexis & Caspian) and relaunches (The Quartz), developers are moving their projects to their pre-sales and launches. Among them are Double Bay, joint by UOL & Kheng Leong, The Arte by CDL and The Beverly by Hiap Hoe.

Double Bay At Simei (99 Yrs)

Continue reading “Double Bay, The Arte and The Beverly Launches” →

Should I Refinance My HDB Homeloan to a Commercial Bank?

Photo credit: choyaw99

The other day, another HDB home owner came to us checking on refinancing. They have been influenced by cheap rates that some people emphasize. We feel we have to explain the RISKS here.

1) All commercial banks require CPF to relinquish first charge when you switch your loan over to them.
Continue reading “Should I Refinance My HDB Homeloan to a Commercial Bank?” →

Singapore Auctions – Knight Frank Upcoming Property Auction on 24th March 2009

We can see the keen interest of buyers on property auctions picking up, especially on mortgagee sales. The figures could really pick up in 4 – 6 months time should the market situation not improve. It’s always interesting to visit property auction houses to see what bargain buys they can have for you under the hammer.

Knight Frank’s Singapore auction team led by Ms. Mary Sai has an upcoming auction in a month’s time (on 24th March). Details are to be announced on their website.

Read more views about the last quarter’s aspect from Singapore Knight Frank’s auction team and 2nd half of 2008 property auction highlights from Nicholas Mak, Director of Consultancy & Research Department, Knight Frank.

Weekend Australian Property Exhibition in Singapore

Knight Frank’s Australian office will be showcasing their collection of properties (residential, commercial and industrial) on 28th of February and 1st of March in Raffles City Conventional Hall here in Singapore.