Properties info

[MrsKiasu]

I think i read something like the annual property tax will be higher for the rebuilt landed?

[doodbug]

MrsKiasu\" post_id=\"2129110\" time=\"1708045806\" user_id=\"43981:

Oh thanks..that's what I thought I read few years ago..think landed included when rent out, there's a certain number of tenants+own family members allowed.

So I kind of wondering for say 3 storey house with different entrances.. can we actually rent out individual units or even sell individual units?

When you rebuild a house to have separate entrances, you will have to seek BCA and URA's approvals. If you are in a pure landed estate (i.e. not mixed landed estate) as per the URA masterplan, you cannot split your single unit into apartments. But there is a possibility of converting a bungalow into a pair of semi-Ds etc. If you are in a mixed landed zone, there is a chance you can convert say a bungalow, into 8 apartments with 8 different strata titles. You will have to pay development charges and what not.

[MrsKiasu]

doodbug\" post_id=\"2129114\" time=\"1708046259\" user_id=\"13281:

When you rebuild a house to have separate entrances, you will have to seek BCA and URA's approvals. If you are in a pure landed estate (i.e. not mixed landed estate) as per the URA masterplan, you cannot split your single unit into apartments. But there is a possibility of converting a bungalow into a pair of semi-Ds etc. If you are in a mixed landed zone, there is a chance you can convert say a bungalow, into 8 apartments with 8 different strata titles. You will have to pay development charges and what not.

Like a mini developer liao. Good info, thanks.

[doodbug]

MrsKiasu\" post_id=\"2129112\" time=\"1708046070\" user_id=\"43981:

Actually if siblings can live together on a plot of land, it should be very nice to share costs at same time have own privacy like each family lives in one storey.

Haha, have you heard of real life stories?

You will be surprised how many disagreements there are among family members on things like MCST apportionments and what works to do. Some parents rebuild a house splitting into different units for each child, on condition each child is not allowed to sell their unit until the parents pass on. And guess what happens down the road - things can work out well, much as they can turn awry too.

[MrsKiasu]

I wonder how much is the annual property tax for the landed nowadays?

[MrsKiasu]

doodbug\" post_id=\"2129116\" time=\"1708046448\" user_id=\"13281:

Haha, have you heard of real life stories?

You will be surprised how many disagreements there are among family members on things like MCST apportionments and what works to do. Some parents rebuild a house splitting into different units for each child, on condition each child is not allowed to sell their unit until the parents pass on. And guess what happens down the road - things can work out well, much as they can turn awry too.

True also..each child already not same pattern. Dont say after including their spouse. We should just think for ourselves first.. like ease to move around etc.

[sharonkhoo]

doodbug\" post_id=\"2129116\" time=\"1708046448\" user_id=\"13281:

Haha, have you heard of real life stories?

You will be surprised how many disagreements there are among family members on things like MCST apportionments and what works to do. Some parents rebuild a house splitting into different units for each child, on condition each child is not allowed to sell their unit until the parents pass on. And guess what happens down the road - things can work out well, much as they can turn awry too.

There are so many stories of such arrangements not turning out well. We and my brother/sis-in-law briefly considered doing something like this years ago, but we decided that our relationship was too good to risk! Even if all conditions are spelled out clearly at the beginning, there may be unhappiness when circumstances change and one wants to sell, but the others don't. Even more so when the property passes to the next generation - one may want capital to start a business, or to emigrate, or for medical bills, etc.

[starlight1968sg]

I have a male colleague who has 2 sons.

He rebuilt his house to become three storeys so that his two sons can stay at 2nd or 3rd flr …
In the end, one of his sons stayput in UK while the other son chose to live elsewhere in S’pore.

[MrsKiasu]

I think maintaining a landed by the elders may pose some problems too… condo just pay mthly fee and don’t need to worry the exterior issues. Hdb just pay conservancy fee.

[sharonkhoo]

starlight1968sg\" post_id=\"2129123\" time=\"1708047412\" user_id=\"14025:

I have a male colleague who has 2 sons.
He rebuilt his house to become three storeys so that his two sons can stay at 2nd or 3rd flr ...
In the end, one of his sons stayput in UK while the other son chose to live elsewhere in S'pore.

I presume he owns the whole house? Then he is free to sell it if he wants to, and he can give some money to the sons if he feels generous. It would be different if he had subdivided into 3 parts, each with a different owner, and a restrictive clause to say that no individual part can be sold without the others' consent. That would probably cause big trouble.