BT on 11/3/14

1. Budget Debate - New methods may raise costs for developers. Govt to top up CPC fund by $30m
- mandate use of prefab bathroom for all resi GLS
Swee Hong MD Ong Hock Leong says it might not save cost at the start. Expect 5-20% increase.

2. More $ in pipeline for startups
Tech startups get tools, space and accelerator push.
*young man especially should tap on these schemes to realize their dreams

3. HDB overhauls system for resale transaction. Buyers now need to obtain the option to purchase before asking for valuation through HDB.

4. Govt takes another look at reverse mortgage scheme. It also extending Leased Buyback to larger flat types

5. Benefiting from PIC Schemes. For SME, do consider investing in qualifying activities.

6. 3 adjoining Bt Timah FREEHOLD properties up for sale.

Love Compassion



A Life not Reflected is a Life not Worth Living.

(11-03-2014, 03:01 PM)chialc88 Wrote: 1. Budget Debate - New methods may raise costs for developers. Govt to top up CPC fund by $30m
- mandate use of prefab bathroom for all resi GLS
Swee Hong MD Ong Hock Leong says it might not save cost at the start. Expect 5-20% increase.

Generally local developers are reluctant to change, base on observations. I don't know why? May be they have good reason(s)?