Discussion About Single & Hdb Flat Ownership + Hdb Loan (Compiled)

[Sweetie Pie]

1 hour ago, smt4men said:

The pivotal question to consider revolves around your status as a homeowner looking to upgrade or downsize your HDB flat: Are you prepared for the possibility of witnessing a stagnant or declining value in your home?

Only youngsters really care about what they will receive in value.

 

Most elderly people in Singapore are more likely to be rooted in their existing residence as the population ages. Most older people lack the time, energy, and financial resources necessary to relocate, and they also place greater sentimental value than financial ones. The future of the HDB market is unknown. Supply might be abruptly curtailed, mortgage rates could stay high forever, and people's attitudes toward "ownership" could change to favor renting instead. The issue of lease decay is still unresolved, enbloc is no longer a windfall.  Zoning will be difficult, similar to how Gerrymandering caused your BTO's value to be lower than that of another BTO just across the street.  Once population increased, most likely so, owning HDB may become lax to help foreigners own a piece of HDB.  Things will not always be the same with each passing generations, which brings back to my point:  The current elderly folks wouldn't waste time worrying about something distance to them, and are content with what they have, so that other issues in life became a priority to them than HDB issues.

Edited October 6, 2023 by Sweetie Pie

[smt4men]

2 hours ago, Sweetie Pie said:

Only youngsters really care about what they will receive in value.

 

Most elderly people in Singapore are more likely to be rooted in their existing residence as the population ages. Most older people lack the time, energy, and financial resources necessary to relocate, and they also place greater sentimental value than financial ones. The future of the HDB market is unknown. Supply might be abruptly curtailed, mortgage rates could stay high forever, and people's attitudes toward "ownership" could change to favor renting instead. The issue of lease decay is still unresolved, enbloc is no longer a windfall.  Zoning will be difficult, similar to how Gerrymandering caused your BTO's value to be lower than that of another BTO just across the street.  Once population increased, most likely so, owning HDB may become lax to help foreigners own a piece of HDB.  Things will not always be the same with each passing generations, which brings back to my point:  The current elderly folks wouldn't waste time worrying about something distance to them, and are content with what they have, so that other issues in life became a priority to them than HDB issues.

While your points provide some insights, it's important to note that the housing market, including HDB properties, is a complex and dynamic system influenced by various factors.
 

Not all elderly individuals in Singapore are the same, and while some may indeed prefer to stay in their existing residences, others might have different needs and preferences. Some may choose to downsize or move to more senior-friendly housing options.

Economic factors can significantly impact housing decisions. Changes in the job market, financial situations, and government policies can influence whether people choose to stay or move.

The Singaporean government has historically played a crucial role in housing policies, including HDB. They continually adapt policies to address changing demographics and economic conditions, which could impact the choices available to elderly citizens.

Some elderly individuals may have viewed their HDB properties as investments, and changes in property values and government policies can affect their decisions on whether to hold onto or sell their properties.

Family dynamics and social influences also play a role. The desire to be closer to family members, including children and grandchildren, can influence housing decisions.

 

In essence, while sentimentality and contentment with existing residences are indeed factors, it's essential to recognize that the housing decisions of elderly individuals are shaped by a myriad of factors, and these decisions can vary widely among individuals and families.

[Guest guest]

On 10/5/2023 at 9:37 PM, Guest HDB said:

Yes, I know. Am actually very happy where I am residing now. If it's not because of my next-door neighbour (family of 3 from hell), I will not bother to move elsewhere. Anyway getting a short lease flat is more or less like renting a flat that is fully paid in advance (I think @thickhead79 came out with that analogy). Furthermore in the event if I die, it’s easier for the beneficiaries too as they simply have to return the unit to HDB and get reimbursement for the balance sum.

You move house because of your next-door neighbour from hell? But even you move to another place, there is no guaranteed that you would not meet another bad neighbour.

[Guest guest]

9 hours ago, 30yochinese said:

hi all,

 

Here's what i did,

 

I am 40yo, born here, parents are 70yo & middle class/Spore Citizens. I am openly gay & 3 of us decided:

 

(1) Dad sells his current HDB,

 

a million dollar executive maisonette.

 

(2) with the proceeds,

 

we spend half a year looking at the Redhill/Queenstown/Dawson & in 2020,

 

a total of 30 units we viewed, generally out of the 30 units on sale in the above 3 areas,

 

Those located in Redhill are outdated in their interiors & worn out & not worth the high selling/asking price. 

 

But my preference is to stay walking distance from REDHILL MRT, so i bought a 4room-resale-Lengkok-Bahru for $483,000

 

I sincerely hope all of u out there,

Gay,

Straight,

or in between,

Seriously spend a year weighing the pros & cons of your property woes, wishing u gd luck!

You managed to buy a 4 rm resale within walking distance to redhill mrt? The price considers cheap. How old is the flat?

[Guest guest]

3 hours ago, Sweetie Pie said:

Only youngsters really care about what they will receive in value.

 

Most elderly people in Singapore are more likely to be rooted in their existing residence as the population ages. Most older people lack the time, energy, and financial resources necessary to relocate, and they also place greater sentimental value than financial ones. The future of the HDB market is unknown. Supply might be abruptly curtailed, mortgage rates could stay high forever, and people's attitudes toward "ownership" could change to favor renting instead. The issue of lease decay is still unresolved, enbloc is no longer a windfall.  Zoning will be difficult, similar to how Gerrymandering caused your BTO's value to be lower than that of another BTO just across the street.  Once population increased, most likely so, owning HDB may become lax to help foreigners own a piece of HDB.  Things will not always be the same with each passing generations, which brings back to my point:  The current elderly folks wouldn't waste time worrying about something distance to them, and are content with what they have, so that other issues in life became a priority to them than HDB issues.

Eldery would not get bother and concern on lease decay even they are currently staying in an old HDB flat. They will continue to stay until they die. Only youngsters would want to profit from their HDB flat, this is why they must buy a HDB that can reap in high profit when they sell later.

[Guest HDB]

11 hours ago, Guest guest said:

You move house because of your next-door neighbour from hell? But even you move to another place, there is no guaranteed that you would not meet another bad neighbour.

No choice lah, all along I have been tolerating their nonsense because I like where I am residing (eg dirtying the common corridor with spray paint, oil & litters, loitering in front of my front gate, regularly peeping into my house as well as their noisy disturbance late at night & early morning). Just 3 weeks ago, the son punched me and that was the last straw. The Police, HDB & Town Council officers have come down several times to warn them of their wrongdoings but a leopard never changes its spots. The next step according to the Police Inspector is to resolve it through mediation, conciliation or neutral evaluation by the CDRC (Court Dispute Resolution Cluster).

[Guest guest]

44 minutes ago, Guest HDB said:

No choice lah, all along I have been tolerating their nonsense because I like where I am residing (eg dirtying the common corridor with spray paint, oil & litters, loitering in front of my front gate, regularly peeping into my house as well as their noisy disturbance late at night & early morning). Just 3 weeks ago, the son punched me and that was the last straw. The Police, HDB & Town Council officers have come down several times to warn them of their wrongdoings but a leopard never changes its spots. The next step according to the Police Inspector is to resolve it through mediation, conciliation or neutral evaluation by the CDRC (Court Dispute Resolution Cluster).

His son punched you? That was serious, can be a criminal case. You should not let them off so lightly.

[Sweetie Pie]

2 hours ago, Guest HDB said:

No choice lah, all along I have been tolerating their nonsense because I like where I am residing (eg dirtying the common corridor with spray paint, oil & litters, loitering in front of my front gate, regularly peeping into my house as well as their noisy disturbance late at night & early morning). Just 3 weeks ago, the son punched me and that was the last straw. The Police, HDB & Town Council officers have come down several times to warn them of their wrongdoings but a leopard never changes its spots. The next step according to the Police Inspector is to resolve it through mediation, conciliation or neutral evaluation by the CDRC (Court Dispute Resolution Cluster).

For your future apartment, pick a remote corner unit.  If there is a recess area included, that is a bonus for complete privacy.  Sending your neighbor's son to prison for punching you might be a good idea before moving and while you wait for your new home.   Before you leave the building, it ought to teach them a lesson.  

Edited October 7, 2023 by Sweetie Pie

[Guest HDB]

1 hour ago, Sweetie Pie said:

For your future apartment, pick a remote corner unit.  If there is a recess area included, that is a bonus for complete privacy.

Am now residing in a corner unit with a recess area... just my luck

[Sweetie Pie]

1 hour ago, Guest HDB said:

Am now residing in a corner unit with a recess area... just my luck

Can you buy the recess area and completely block out the view of your neighbour?

[Guest HDB]

22 minutes ago, Sweetie Pie said:

Can you buy the recess area and completely block out the view of your neighbour?

Cannot for flats built after 1996: https://www.hdb.gov.sg/residential/living-in-an-hdb-flat/sale-of-recess-area

[keyboard]

Not sure if the recent announced changes have effect or this round lump 3 projects into 1 Kallang queue. The 4rm flats available is 2452, applicants only 2542. Only 1 is PLH (893 units) the other two is bird no lay egg sites. Almost equivalent of throwing away 1 chance if not within that 1st lot queue. How? still apply?

https://services2.hdb.gov.sg/webapp/BP13BTOENQWeb/AR_Oct2023_BTO?strSystem=BTO

 

Queenstown project 4rm available 818 but only 788 applicants... means everyone will get and rest SBF..... what's going on?

Edited October 9, 2023 by keyboard

[Sweetie Pie]

2 hours ago, keyboard said:

Queenstown project 4rm available 818 but only 788 applicants... means everyone will get and rest SBF..... what's going on?

Got so bad ah?  Like that HDB will start cutting supply. 

[keyboard]

https://www.straitstimes.com/singapore/housing/hdb-launches-6800-bto-flats-with-tighter-rules-for-applicants-who-reject-offer-to-book-units

 

The Kallang MRT one is good but they lump it together with the other two not good sites. Then it's a 1/3 chance to get the Kallang and if you don't choose the other two sites (since within flat supply), you will ban for 1 year for second timer.

 

Not sure why Commonwealth is not yet oversubscribed. It's still 15 mins to Raffles Place vs Kallang 9 mins. Dec got Dover MRT - but dont know why that one is popular since the big shopping malls are still one MRT station away.

[Guest HDB]

13 hours ago, keyboard said:

Not sure why Commonwealth is not yet oversubscribed. It's still 15 mins to Raffles Place vs Kallang 9 mins. Dec got Dover MRT - but dont know why that one is popular since the big shopping malls are still one MRT station away.

The price and 10-year MOP could be the deterrent factors. Having said that, the location is very good & one of the most popular areas in the resale market.

[keyboard]

3 hours ago, Guest HDB said:

The price and 10-year MOP could be the deterrent factors. Having said that, the location is very good & one of the most popular areas in the resale market.

Commonwealth

3rm 155 available 71 applied (first timer 0.2)

4rm 818 available 944 applied (first timer 0.8)

What i can think of is that it's not near any school, the only "market" is a air-con kopitiam and sheng siong. All other amenities must travel to Clementi. It's not exactly near the MRT (same for Kallang site) as it's one road away.

 

Decisions Decisions.

[Sweetie Pie]

17 minutes ago, keyboard said:

Commonwealth

3rm 155 available 71 applied (first timer 0.2)

4rm 818 available 944 applied (first timer 0.8)

What i can think of is that it's not near any school, the only "market" is a air-con kopitiam and sheng siong. All other amenities must travel to Clementi. It's not exactly near the MRT (same for Kallang site) as it's one road away.

 

Decisions Decisions.

The site in Kallang is superior to Commonwealth. The city, the river, the sea, the sports centre, numerous heritage places with delectable local fare, and...nightlife are all quite close by in Kallang.

[keyboard]

2 hours ago, Sweetie Pie said:

The site in Kallang is superior to Commonwealth. The city, the river, the sea, the sports centre, numerous heritage places with delectable local fare, and...nightlife are all quite close by in Kallang.

Agree, but they bundle with the other two less desirable sites which means almost everyone gets a queue number and if you don't select, you ban for one year - waterfront sites should be released within the next year.

[Guest HDB]

4 hours ago, keyboard said:

Commonwealth

3rm 155 available 71 applied (first timer 0.2)

4rm 818 available 944 applied (first timer 0.8)

What i can think of is that it's not near any school, the only "market" is a air-con kopitiam and sheng siong. All other amenities must travel to Clementi. It's not exactly near the MRT (same for Kallang site) as it's one road away.

 

Decisions Decisions.

It's just about 5 minutes/400m walk to Commonwealth MRT Station

[keyboard]

53 minutes ago, Guest HDB said:

It's just about 5 minutes/400m walk to Commonwealth MRT Station

Which is so true... google maps is for speed walker but at most 10 mins to reach the station. Other end of the station has Sheng Siong and air-con kopitiam.

[keyboard]

https://services2.hdb.gov.sg/webapp/BP13BTOENQWeb/AR_May2023_BTO?strSystem=BTO

5rm most popular one directly outside JRL (think 2 stations away from JE), and CCK at Bukit Panjang MRT, both are 30+ mins away from town, not sure what's the appeal other than it's a 5rm.

Commonwealth MRT 3rm only 85 out of 155 applicants, all can choose high floors!!!

Was reading the only clinic there review and it's so bad haha, guess time to change to Doctor Anywhere.

Project	Flat Type	No of Units	Number of Applicants	Application Rate
				First-Timers Families	Second-Timer Families
Non-Mature Towns/ Estates
Choa Chu Kang (Rail Green I @ CCK / Rail Green II @ CCK)	3-room	152	159	0.5	4.4
	4-room	802	970	0.9	6.9
	5-room / 3Gen	544	1336	1.7	16.8
Tengah (Plantation Edge I / Plantation Edge II)	3-room	81	154	0.9	7.9
	4-room	353	624	1.1	15.0
	5-room	313	971	1.8	29.7
Mature Towns/ Estates
Kallang Whampoa (Tenteram Vantage / Verandah@Kallang)	3-room	198	246	0.7	13.1
Kallang Whampoa (Rajah Residences / Tenteram Vantage / Verandah@Kallang)	4-room	2452	3466	1.1	6.5
Queenstown (Tanglin Halt Cascadia)	3-room	155	85	0.2	8.1
	4-room	818	1108	0.9	9.3
MEDIAN				0.9	8.7

[Guest guest]

On 10/9/2023 at 3:59 PM, keyboard said:

Not sure if the recent announced changes have effect or this round lump 3 projects into 1 Kallang queue. The 4rm flats available is 2452, applicants only 2542. Only 1 is PLH (893 units) the other two is bird no lay egg sites. Almost equivalent of throwing away 1 chance if not within that 1st lot queue. How? still apply?

https://services2.hdb.gov.sg/webapp/BP13BTOENQWeb/AR_Oct2023_BTO?strSystem=BTO

 

Queenstown project 4rm available 818 but only 788 applicants... means everyone will get and rest SBF..... what's going on?

Could be due to the stricter ruling, so people now cannot anyhow apply. If got a queue number but give up, it will affect their next time application for BTO. So only for those really wanted to buy the particular BTO site then submit application.

[keyboard]

It's hard to navigate HDB website, if still can get the application rates for the previous round compared to this round, should be better able to see if the number of applicants drastically dropped or not. Other than there's not much near commonwealth plot, i dont see why it's so unpopular.

[Guest guest]

On 10/11/2023 at 9:13 PM, keyboard said:

It's hard to navigate HDB website, if still can get the application rates for the previous round compared to this round, should be better able to see if the number of applicants drastically dropped or not. Other than there's not much near commonwealth plot, i dont see why it's so unpopular.

Thought commonwealth BTO is near to MRT, how come not popular? I don't mind staying there.

[keyboard]

8 hours ago, Guest guest said:

Thought commonwealth BTO is near to MRT, how come not popular? I don't mind staying there.

Perhaps that's the reason. The only thing is near to MRT.

There is an aircon Koufu, Sheng Siong, one clinic (that review asks to avoid), some small shops. Schools not within the 1km. No park, shopping malls all need take bus/MRT to holland V or Clementi. Resale value is not going to be as great?

[Guest HDB]

8 hours ago, Guest guest said:

Thought commonwealth BTO is near to MRT, how come not popular? I don't mind staying there.

Could be that project has the longest waiting time to complete & 10-year MOP apart from the following as reported in the news based on analysts' feedback:

1. Stricter regulations & uncertainty

2. Impact of new rules for first-time homebuyers

3. The HDB Flat Eligibility (HFE) Letter requirement

4. Anticipation for future opportunities

[Guest HDB]

On 10/11/2023 at 9:13 PM, keyboard said:

It's hard to navigate HDB website, if still can get the application rates for the previous round compared to this round, should be better able to see if the number of applicants drastically dropped or not. Other than there's not much near commonwealth plot, i dont see why it's so unpopular.

https://www.propertyguru.com.sg/property-guides/bto-application-rate-which-hdb-estate-easiest-62148

[Guest guest]

2 hours ago, keyboard said:

Perhaps that's the reason. The only thing is near to MRT.

There is an aircon Koufu, Sheng Siong, one clinic (that review asks to avoid), some small shops. Schools not within the 1km. No park, shopping malls all need take bus/MRT to holland V or Clementi. Resale value is not going to be as great?

But the HDB flats there currently, resale price quite expensive. The resale price for a 3 rm in that 16 year old HDB blk is selling $600k plus.

[Guest guest]

2 hours ago, Guest HDB said:

Could be that project has the longest waiting time to complete & 10-year MOP apart from the following as reported in the news based on analysts' feedback:

1. Stricter regulations & uncertainty

2. Impact of new rules for first-time homebuyers

3. The HDB Flat Eligibility (HFE) Letter requirement

4. Anticipation for future opportunities

But how come the flats in Queenstown can be so expensive? That area also needs to walk to eatery and shops.

[Guest U Know]

5 hours ago, Guest HDB said:

https://www.propertyguru.com.sg/property-guides/bto-application-rate-which-hdb-estate-easiest-62148

Most statutory boards websites are hard to navigate and often get logged out accidentally, with the exception of very efficient websites that require you to pay tax or fines. 

[keyboard]

5 hours ago, Guest HDB said:

https://www.propertyguru.com.sg/property-guides/bto-application-rate-which-hdb-estate-easiest-62148

Based on that, total applicants,

May 2023 - 18,626

Oct 2023 - 9,119

 

half gone... 

 

From, https://www.propertyguru.com.sg/property-guides/queenstown-bto-hdb-aug-2023-83098

Cons

- Priced on the higher end of the October 2023 BTO flats

- Area in the immediate vicinity undergoing redevelopment

But i see that the Kallang MRT is so much better, that's why mature estate people go for that one. Non-mature will go for the 5rm outside Bukit Panjang MRT (if they don't mind 30mins ride to Suntec/Downtown).

 

Dec 2023 also have a 5rm woodlands site - beside Woodlands MRT which they get ban one year if you have a number within supply moving forward.

 

2 hours ago, Guest guest said:

But how come the flats in Queenstown can be so expensive? That area also needs to walk to eatery and shops.

It's near City mah. Queenstown and Commonwealth the prices i see on HDB resale transaction about the same. You want cheap, have to go for old flats, left 42 years about 340k. Long time ago, people say people living in Queenstown just take 15 mins bus to go orchard for shopping and watch movie.

 

35 minutes ago, Guest U Know said:

Most statutory boards websites are hard to navigate and often get logged out accidentally, with the exception of very efficient websites that require you to pay tax or fines. 

So true hor, IRAS website to look for tax deduction also difficult to read with so many anyhow links like CPF website.

[Guest Whispering Dew]

When you choose a flat, feels the energy, not the location.  I prefer a place with tranquillity vibes and also being able to commute by foot to the nearest MRT to take me to town.  I didn't want too close to the bustling malls and lost the uplifting song of nature we needed within the hectic life of a city.  I wanted a lot of ME TIME, not human traffic. 

[smt4men]

4 minutes ago, Guest Whispering Dew said:

When you choose a flat, feels the energy, not the location.  I prefer a place with tranquillity vibes and also being able to commute by foot to the nearest MRT to take me to town.  I didn't want too close to the bustling malls and lost the uplifting song of nature we needed within the hectic life of a city.  I wanted a lot of ME TIME, not human traffic. 

It's great to hear your preferences for a tranquil living environment with easy access to public transportation. Finding a flat that balances the serenity of nature with a convenient commute to the city is a wise choice for a peaceful and balanced lifestyle. ME TIME is essential in our fast-paced world, and a quiet residential area can provide the perfect escape from human traffic.

[thickhead79]

7,000 HDB flats to be built in Bayshore; 2 BTO projects to be launched in second half of 2024

 

 

SINGAPORE – About 7,000 Housing Board flats will be built in Bayshore as an extension of Bedok town, with the first two Build-To-Order (BTO) projects to be launched for sale in the second half of 2024.

These units with waterfront and city views are part of the 10,000 homes that will be built on the 60ha site, which sits on reclaimed land bounded by Upper East Coast Road and East Coast Parkway.

The remaining 3,000 units will be private housing.

[Guest guest]

On 10/15/2023 at 5:10 PM, Guest Whispering Dew said:

When you choose a flat, feels the energy, not the location.  I prefer a place with tranquillity vibes and also being able to commute by foot to the nearest MRT to take me to town.  I didn't want too close to the bustling malls and lost the uplifting song of nature we needed within the hectic life of a city.  I wanted a lot of ME TIME, not human traffic. 

Stay near MRT means you have to pay a huge price for the flat you are buying. 

[Guest guest]

On 10/15/2023 at 2:15 PM, keyboard said:

 

It's near City mah. Queenstown and Commonwealth the prices i see on HDB resale transaction about the same. You want cheap, have to go for old flats, left 42 years about 340k. Long time ago, people say people living in Queenstown just take 15 mins bus to go orchard for shopping and watch movie.

 

Old flat not advisable to buy even it is near to city and cheap. I rather stay further away with a newer flat.

[Guest Guest]

Some HDB flat sellers use new public housing model to push up asking prices

[keyboard]

On 10/18/2023 at 7:16 PM, Guest guest said:

Old flat not advisable to buy even it is near to city and cheap. I rather stay further away with a newer flat.

The biggest problem is the MOP when you're stuck with a disruptive neighbour. Stereotypes exist for a reason.

[Guest guest]

15 hours ago, Guest Guest said:

Some HDB flat sellers use new public housing model to push up asking prices

Many greedy sellers. But there is also nothing wrong to ask for more, who doesn't want to sell as high as possible for their HDB.

[Guest guest]

13 minutes ago, keyboard said:

The biggest problem is the MOP when you're stuck with a disruptive neighbour. Stereotypes exist for a reason.

What you mean?

[Guest guest]

On 10/16/2023 at 9:45 PM, thickhead79 said:

7,000 HDB flats to be built in Bayshore; 2 BTO projects to be launched in second half of 2024

 

SINGAPORE – About 7,000 Housing Board flats will be built in Bayshore as an extension of Bedok town, with the first two Build-To-Order (BTO) projects to be launched for sale in the second half of 2024.

These units with waterfront and city views are part of the 10,000 homes that will be built on the 60ha site, which sits on reclaimed land bounded by Upper East Coast Road and East Coast Parkway.

The remaining 3,000 units will be private housing.

This is a very good investment BTO HDB to buy. Next time when sell, sure can fetch crazy high price. Esp of you have a sea view facing unit.

[Guest guest]

On 10/15/2023 at 8:31 AM, keyboard said:

Perhaps that's the reason. The only thing is near to MRT.

There is an aircon Koufu, Sheng Siong, one clinic (that review asks to avoid), some small shops. Schools not within the 1km. No park, shopping malls all need take bus/MRT to holland V or Clementi. Resale value is not going to be as great?

They just announced the Tanglin Halt redevelopment, next time there will have intergrated mall with hawker centre, polyclinic etc. Looks like the commonwealth BTO worth buying. But many people did not see the potential development in the surrounding in future.

[Guest MOP]

29 minutes ago, Guest guest said:

What you mean?

You need to wait for 10 years before you can sell Ur flat. New policy. If your neighbour is from hell, u need to tolerate their nonsense for decade.

[Guest Guest]

19 minutes ago, Guest MOP said:

You need to wait for 10 years before you can sell Ur flat. New policy. If your neighbour is from hell, u need to tolerate their nonsense for decade.

No way to prevent neighbour from hell, no matter how long the MOP period is. Moving house not easy and costly, moving to another new place no guaranteed neighbour is not from hell. I would say it is high chance every place you move to sure can find neighbour from hell, depends how you see it.

[keyboard]

3 hours ago, Guest Guest said:

No way to prevent neighbour from hell, no matter how long the MOP period is. Moving house not easy and costly, moving to another new place no guaranteed neighbour is not from hell. I would say it is high chance every place you move to sure can find neighbour from hell, depends how you see it.

Apply the stereotypes and avoid loh. Not 100% but don't go in blindly and get stuck. Look at the surrounding amenities.

[thickhead79]

A five-room HDB flat has set a new resale record for five-room HDB flats in Bukit Merah, changing hands at $1.45 million this month.

It broke the previous record of $1.43 million for a five-room unit located on the 34th to 36th floors of the adjacent Block 95C; the unit was sold in September.

Before that, a unit on the 41st floor of the 48-storey Block 96A transacted at $1.4 million in May last year. It was the priciest transaction in the HDB resale market at the time.

[Guest guest]

2 hours ago, thickhead79 said:

A five-room HDB flat has set a new resale record for five-room HDB flats in Bukit Merah, changing hands at $1.45 million this month.

It broke the previous record of $1.43 million for a five-room unit located on the 34th to 36th floors of the adjacent Block 95C; the unit was sold in September.

Before that, a unit on the 41st floor of the 48-storey Block 96A transacted at $1.4 million in May last year. It was the priciest transaction in the HDB resale market at the time.

All these units are on really high floor, 30 plus floor to 40 plus floor. Wonder why people like to stay so high floor, won't it feel like floating in the air as it is way too high. Even taking lift up, your ear also feels hurts.

[Guest Guest]

The buyer wants to be closer to the heaven. 

[thickhead79]

56 minutes ago, Guest guest said:

All these units are on really high floor, 30 plus floor to 40 plus floor. Wonder why people like to stay so high floor, won't it feel like floating in the air as it is way too high. Even taking lift up, your ear also feels hurts.

Air fresher. Far view 

[Guest Guest]

23 hours ago, thickhead79 said:

Air fresher. Far view 

Far view only when you are unblocked. I never stay until so high floor, don't know if the air really fresher. But i only knows my ears hurts when taking the lift up.

 

Wonder how high floor you guys will stay if given a choice?