The most expensive Pinnacle@Duxton flat at $645,800 requires a debt-servicing ratio (DSR) of 29 per cent for a household with monthly income of $8,000, which is within the affordability benchmark of 30 per cent and provided your income rise exponentially thereafter.
Choosing the wrong property – in a high value market don’t target the low-end, in a property market with an oversupply of private property focus on the public sector, where there is no resale market, don’t buy but rent. Consider only where there is demand and buy property accordingly. So on that note(dbs high), I leave you to ponder about your next purchase. If however, it has already happened, then let us move on.
Wonder what happen to Mas Selamat?
Friday, October 31, 2008
Thursday, October 30, 2008
crooked man
Cop jailed for smuggling cigs 10 min-->
He hid them in spare tyre.
By Khushwant Singh
Suhaima Yusoff was fined $66,300 for evading about $3,000 in duty and Goods and Services. He also pleaded guilty to possessing two packs of cigarettes at his Woodlands Drive flat and was fined another $4,600. -- ST PHOTO: WONG KWAI CHOW
STUFFING the inside of a spare tyre with cigarettes might seem a novel smuggling method but the plan fell flat.
Immigration and Checkpoints Authority (ICA) officers found 400 packs of contraband cigarettes in the tyre.
On Thursday, Suhaimi Yusoff was fined $66,300 for evading about $3,000 in duty and Goods and Services Tax. He also pleaded guilty to possessing two packs of cigarettes at his Woodlands Drive flat and was fined another $4,600.
As he was unable to pay the fine, he would have to serve five months in jail.
The irony is that Suhaimi, 39, is a senior police staff-sergeant.
His lawyer Abdul Rohim Sarip told a district court that Suhaimi, 36, had served the force for 16 years and stands to lose his job and some $55,000 from his police investment scheme, with his conviction.
The court heard that the spare tyre had been modified to conceal the cigarettes, which Suhaimi, together with his neighbours - siblings Sheik Sufian Sheik Zainal Abidin, 16 and Siti Melati, 23 - had planned to sell to others at a profit.
They bought the cigarettes in Johor and stuffed the contraband in the spare tyre, which they hid in the boot of Suhaimi's car.
On their return to Singapore on Feb 17, the Hyundai Sante Fe was thoroughly checked and the cigarettes were found.
The next day, customs officers raided Suhaimi's house and found two more packs of contraband cigarettes.
Suhaimi shook his shaven head slowly and appeared rather deflated as sentence was passed.
Customs will be applying for his car to be confiscated.
Ms Siti Melati was dealt with two weeks ago and paid a $42,000 fine for evading taxes on the smuggled cigarettes.
Her brother is awaiting a probation report.
He hid them in spare tyre.
By Khushwant Singh
Suhaima Yusoff was fined $66,300 for evading about $3,000 in duty and Goods and Services. He also pleaded guilty to possessing two packs of cigarettes at his Woodlands Drive flat and was fined another $4,600. -- ST PHOTO: WONG KWAI CHOW
STUFFING the inside of a spare tyre with cigarettes might seem a novel smuggling method but the plan fell flat.
Immigration and Checkpoints Authority (ICA) officers found 400 packs of contraband cigarettes in the tyre.
On Thursday, Suhaimi Yusoff was fined $66,300 for evading about $3,000 in duty and Goods and Services Tax. He also pleaded guilty to possessing two packs of cigarettes at his Woodlands Drive flat and was fined another $4,600.
As he was unable to pay the fine, he would have to serve five months in jail.
The irony is that Suhaimi, 39, is a senior police staff-sergeant.
His lawyer Abdul Rohim Sarip told a district court that Suhaimi, 36, had served the force for 16 years and stands to lose his job and some $55,000 from his police investment scheme, with his conviction.
The court heard that the spare tyre had been modified to conceal the cigarettes, which Suhaimi, together with his neighbours - siblings Sheik Sufian Sheik Zainal Abidin, 16 and Siti Melati, 23 - had planned to sell to others at a profit.
They bought the cigarettes in Johor and stuffed the contraband in the spare tyre, which they hid in the boot of Suhaimi's car.
On their return to Singapore on Feb 17, the Hyundai Sante Fe was thoroughly checked and the cigarettes were found.
The next day, customs officers raided Suhaimi's house and found two more packs of contraband cigarettes.
Suhaimi shook his shaven head slowly and appeared rather deflated as sentence was passed.
Customs will be applying for his car to be confiscated.
Ms Siti Melati was dealt with two weeks ago and paid a $42,000 fine for evading taxes on the smuggled cigarettes.
Her brother is awaiting a probation report.
Friday, October 17, 2008
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