The ministerial task force require all businesses to implement Safe Entry protocols.
These include workplaces with a small number of workers and retail outlets.
It involves a large use of manpower. In some cases, the existing workers can take time off to do the Safe Entry recording, but it still takes their time and involve some cost.
Large retail outlets and supermarkets have to employ several part time workers to manage the queues, take temperatures and record the Safe Entry.
The public has to record Safe Entry several times in the course of the day.
I suspect that the data can hardly be used. If this is the case, we are spending several tens of million dollars each month in manpower cost that do not produce any useful result.
If, indeed, the data collected is useful, we should at least streamline the work to reduce the cost to businesses and inconvenience to the public and still get data that are useful.
It is better for the Safe Entry recording to be coordinated centrally. The central body should decide on the locations that need the Safe Entry to be captured and arrange with the workplace or business outlet to do the work.
It may be feasible to replace some of the manual work by self service stations for the Safe Entry to be recorded by scanning the identification card.
This will reduce duplication of effort. The central body can monitor the cost and benefits of the entire effort. It should replace the current arrangement where a large part of the cost, which is incurred by the businesses, is not recognized.
I hope the ministerial task force will consider this suggestion.
3 comments:
( REPRICING FOR HOME & EQUITY LOAN)
As spoken, to do away with TDSR assessment, you can consider making 3% paydown of the outstanding principal. This will be amounting to $28K. One month notice period is required for this paydown. The one month notice will be from the date we receive the signed partial prepayment form.
If you would like to go for 3% paydown, the only documents required will be property tax page, front and back copy of NRIC, HDB printout and CPF Property Withdrawal Statement from all borrowers.
To go for TDSR assessment, please find below for the documents required.
Documents required from all Borrowers
For Owner-Occupied Property : Please submit documents 1 to 4
1. Front & Back copy of NRIC (mandatory)
2. Property Tax Page for all Owner-Occupied Property (mandatory)
a. Log on to IRAS Website at http://www.iras.gov.sg
b. Click on “Login to my Tax Portal
c. Click on “LOGIN” with “SingPass” or IRAS pin (right side of webpage)
d. Search for “Property Tax” on the left panel
e. Click on “View my Property Portfolio / Change mailing address”
f. Click on the property address that is “owner- occupied”
g. Print out the page that indicates “Tax rate : Owner-Occupier”
***Kindly note printout to indicate date of printing and reflects IRAS logo
3. HDB Printout (If you have a term loan with us)
a. Logon to HDB Website at http://www.hdb.gov.sg
b. Log in via Singpass at “My HDBPage”
c. Click on “My Flat” and then click on “Financial Info” under Purchased Flat (on left)
d. Please print and email page over
4. CPF Property Withdrawal Statement (if you have a term loan with us)
a. Log in to CPF Website at http://www.cpf.gov.sg
b. Go to My Statement
c. Scroll down to Section C and click on the “Property”
d. Select “I wish to view my Private Housing Withdrawal Statement” from “My Statement – Property”
e. Print out this statement to show Private Housing Property Withdrawal Details
For Investment Property : Please submit documents 1 to 7
5. Income Documents (mandatory)
Self-employed, commissioned or variable income earners: Latest Notice of Assessment
Salaried Employees: Latest year Notice of Assessment and latest pay slip and Last 12 months CPF Contribution statement
• Overseas Employees: 3 months’ pay slip/Letter of Employment and 3 months bank statements reflecting crediting of salary
• Dividend income (If applicable)
- Latest CDP Statement
- Certification of latest year dividend income by certified accountant
- Letter from company with corresponding bank statement showing crediting of latest year dividend
Steps to obtain Notice of Assessment
a. Log on to IRAS Website at http://www.iras.gov.sg/irashome/default.aspx
b. Login with your Singpass or IRAS pin
c. Go to “View Correspondence/Notices” (left of webpage)
d. Click on “Letters/Notices” and select the required Notice of Assessment
6. Statements for All Existing Credit Cards/Credit Line Statements(mandatory)
***Please provide statements which reflect card holders name, card number and minimum payment amount
7. Details on other loans (for example: Car Loan, Housing Loan, Renovation Loan, etc):
a. Original Loan Amount & Loan Tenure
b. Outstanding Loan Amount & Remaining Loan Tenure
c. Monthly Instalment
d. Current Interest Rate
e. Name of Financier
***Missing information of the above might delay the review process
The repricing application is subject to TDSR & Quantum of Financing assessment and review.
Bukit Timah Plaza, 2 lifts were serving from the 3rd level carpark. 1 lift is closed with the front banner up with words that it is under repair. Front of the other working lift worded in red max 3 persons only. Imagine the fiasco. There were 2 of us in the lift when a couple came in which makes 4 people. The one who was in the lift with me in the first place complained to me when we got out for NTUC supermarket, that living in Singapore is like walking on eggshells. She said that she was afraid someone might take a picture of 4 persons when only minimum 3 was allowed in the 1 lift, as she is a work-permit holder here. I am not her and I don't know the reason for her working here, but if it was me, I would rather live in my own country than living on eggshells.
Singapore FIRE SALE Properties
22 June at 19:13 ·
ATTENTION!!
SUPERB STAR BUY UP TO $90K DISCOUNT IS HAPPENING AT VERTICUS !!
Selected STARBUY Units
1 BR (463 sqft) - After $40K Discount
#06-04 to #10-04 from $899,000
2 BR (635 sqft) - After $60K Discount
#06-03 to #09-03 from $1,214,000
2+Study (753 sqft) - After $70K Discount
#06-02 to #10-02 from $1,427,000
3 BR (936 sqft) - After $90K Discount
#06-05 to #10-05 from $1,737,000
Project Info
Developer: SB (Kemaman) Development Pte Ltd
Address: 3 Jalan Kemaman
No. of Storeys: 28
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