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Inspecting your New BTO/EC/PC for Defects (Part 1 of 3)
By EngineerInvest.com  •  April 16, 2020
INTRODUCTION Buying a house can be the single biggest investment for most of us. After spending your life saving (and most young couple who has started working, it means emptying your CPF Ordinary Account), you might wonder if the purchase is indeed the best value for the amount you have paid. Or if there are any issues with the unit that would be costly to rectify in the future if not rectified now. For any defects that are detected after the end of Defect Liability Period (DLP), the main contractor or developer are not be liable to rectify the defect for the owners. As such, the owners has to rectify the defect on their own cost. Moreover, if the defects are detected after the renovation are completed, it would meant that even more cost will be involved in rectifying them. The experience of buying a first home was similar to...
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By EngineerInvest.com
2020 happened to belong to my zodiac, the Year of the Rat. Yes, I’m 35+? . Leaving my stable 6-figure per annum job as an engineer (it's really not too bad being an engineer) right after I bought my new car and amid the COVID-19 outbreak left many of my friends in disbelief. I got bombarded with many questions especially during the Lunar New Year gathering. Questions like “Don’t bluff, you received a better offer right?" Actually yes, I offered myself a job of spending more time with my family, to do what I love and to improve my wellbeing.
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