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

[Guest Guest]

5 hours ago, Guest BTO woes said:

Today stomach ached so much I nearly shit in my pantsi.  I controlled until I rushed home.  Luckily,  I didn't stay on the top floor, when the lifts are packed, I can walk the stairs.  Can you imagine staying on the 15th floor and above?   Can you control until you reached home?  Then I forgot to empty my trash bins, because no private rubbish chute,  so the thing was left overnight, smelly.  Need to walk along the corridor to dispose the fishy smelly trash and the water are leaking from the trash along the hallway.   Guys,  be prepared if you aim for new BTO with high floor and remember to trash your bins daily especially after you de-boned your meat or fish.  Don't leave it in the kitchen until next day.  If you are on wheelchair, get someone to help or choose your unit nearest to the public bin so you don't have to walk a thousand miles.

There are surely pros and cons staying a top floor unit and unit that is far from the lift and rubbish bin. There is no such thing as a prefect unit. Ultimately depend how you see it. 

[single42]

21 minutes ago, Guest Guest said:

You mean the top floor unit you staying has water leaking problem?

 

Whenever it rains heavily, the ceiling started to show "swollen" pockets. basically, its wear & tear of the building structure over the years. paint from the ceiling will start to peel & drop. Then sometimes u have water seeping thru the cracks from the ceiling after a heavy thunderstorm. 

 

And cracks along the wall on the interior of the house.  

Edited June 8 by single42

[single42]

8 minutes ago, Guest Guest said:

There are surely pros and cons staying a top floor unit and unit that is far from the lift and rubbish bin. There is no such thing as a prefect unit. Ultimately depend how you see it. 

 

Agreed. My former house (BTO) that I bought 8years ago at Yishun Ave 4 which I fully paid for it during my marriage. It's on the 9th floor. And on the extreme end of the corridor. It's a walk from the rubbish chute. So, I reminded myself to throw my rubbish at the end of the day every day. And I double bagged all my trash to prevent leakage from tears. 

 

And for those that stayed on the ground level unit, i believe they also have their pros & cons such as pests & rodents, loss of privacy, noise issues, stray cats, etc etc but the good thing is that u don't have to worry about lifts breaking down. 

[Guest Guest]

1 hour ago, single42 said:

 

Whenever it rains heavily, the ceiling started to show "swollen" pockets. basically, its wear & tear of the building structure over the years. paint from the ceiling will start to peel & drop. Then sometimes u have water seeping thru the cracks from the ceiling after a heavy thunderstorm. 

 

And cracks along the wall on the interior of the house.  

Looks like water leaking problem on top floor unit really happening. But it is only happens to old HDB? How about those new HDB, still have water leaking problem?

[Guest Guest]

53 minutes ago, single42 said:

 

Agreed. My former house (BTO) that I bought 8years ago at Yishun Ave 4 which I fully paid for it during my marriage. It's on the 9th floor. And on the extreme end of the corridor. It's a walk from the rubbish chute. So, I reminded myself to throw my rubbish at the end of the day every day. And I double bagged all my trash to prevent leakage from tears. 

 

And for those that stayed on the ground level unit, i believe they also have their pros & cons such as pests & rodents, loss of privacy, noise issues, stray cats, etc etc but the good thing is that u don't have to worry about lifts breaking down. 

9th floor still consider not that high, even walk stairs also can. Staying in an unit far from rubbish chute and lift, good thing is won't have every unit people walk past your house to get to the rubbish chute and stand near your unit waiting for lift. Esp if there are many units per floor. Nowadays in new BTO, one floor usually have at least 7 units to as many as 15 units, esp for those blk with a mixture of 2 rm, 3 rm and 4 rm flat. I noticed for blk that have 2 rm flat, usually many units per floor.

[Guest Guess]

13 hours ago, Guest BTO woes said:

Today stomach ached so much I nearly shit in my pantsi.  I controlled until I rushed home.  Luckily,  I didn't stay on the top floor, when the lifts are packed, I can walk the stairs.  Can you imagine staying on the 15th floor and above?   Can you control until you reached home?  Then I forgot to empty my trash bins, because no private rubbish chute,  so the thing was left overnight, smelly.  Need to walk along the corridor to dispose the fishy smelly trash and the water are leaking from the trash along the hallway.   Guys,  be prepared if you aim for new BTO with high floor and remember to trash your bins daily especially after you de-boned your meat or fish.  Don't leave it in the kitchen until next day.  If you are on wheelchair, get someone to help or choose your unit nearest to the public bin so you don't have to walk a thousand miles.

Better shit in nearby coffeeshop toilet . How to hold on till 40rh floor?🤣

 

Bro reminds me of the condo in KL

 The rubbish point is downstairs ground floor . So have to take lift throw rubbish

 

 

[Guest Guess]

8 hours ago, Guest Guest said:

Town council and HDB are useless, you would not get answers from them that will resolve the problem.

If you have tried before, do share your experiences.

[thickhead79]

A 5-room flat in Bukit Merah was sold for S$1.588 million, the joint-most expensive resale HDB in S'pore. 

The last 10 five-room flats sold in the estate have all been one-million-dollar transactions.

[Guest Natural Elements]

18 hours ago, single42 said:

 

Whenever it rains heavily, the ceiling started to show "swollen" pockets. basically, its wear & tear of the building structure over the years. paint from the ceiling will start to peel & drop. Then sometimes u have water seeping thru the cracks from the ceiling after a heavy thunderstorm. 

 

And cracks along the wall on the interior of the house.  

It happens to every building.  As long as there is no danger of the whole wall collapsing, you can try to patch up the cracks for aesthetic reason.  I am trying to learn the technique of doing that, but will need some work (learn from youtubers). 

 

Not sure whether newer BTO will have even more of such problems due to bigger windows and more direct hit from sunlight and rain.  Older HDB not so much if you live near corridor and being protected from direct sun and rain water.   It is always good to take note of our highly humid weather in this regard.  I am planning to use my SkillFuture Credit to learn some handyman skills instead of engaging expensive contractor to do jobs that I can do it myself instead.

[Guest Guess]

On 6/8/2024 at 11:13 PM, Guest Guest said:

Town council and HDB are useless, you would not get answers from them that will resolve the problem.

Toothless tigers?

[Guest Was thinking]

Different Town Council, different treatment, I suspect.  You can get excellent treatment services if you live in a "well maintained or highly sought or famous town".  Living in a town that falls into the "ulu," "not well maintained," "not often talked about," and "not popular under the resale category," you may find it difficult to receive assistance.   What do you guys think?

[Guest guest]

10 hours ago, Guest Was thinking said:

Different Town Council, different treatment, I suspect.  You can get excellent treatment services if you live in a "well maintained or highly sought or famous town".  Living in a town that falls into the "ulu," "not well maintained," "not often talked about," and "not popular under the resale category," you may find it difficult to receive assistance.   What do you guys think?

Quite true. Also depends which MP.

[kidster]

Is there a time period the seller must sell off his old HDB after moving into a new one?

 

 

[Guest HDB]

55 minutes ago, kidster said:

Is there a time period the seller must sell off his old HDB after moving into a new one?

 

 

Within 6 months after completion of your new purchase

[Guest HDB]

On 6/8/2024 at 11:13 PM, Guest Guest said:

Town council and HDB are useless, you would not get answers from them that will resolve the problem.

If you have a difficult and disagreeable neighbour, HDB, Town Council, NEA and even the Police can't do much to help.

[Guest guest]

5 hours ago, Guest HDB said:

If you have a difficult and disagreeable neighbour, HDB, Town Council, NEA and even the Police can't do much to help.

This is true. This is why there are so many neighbour from hell, cause they know no one can do anything to them.

[thickhead79]

8 hours ago, kidster said:

Is there a time period the seller must sell off his old HDB after moving into a new one?

 

 

6 mths is a norm

 

can appeal for longer period subject to approval

[single42]

Now most BTO, there is a minimum period of MOP for 10years. For me, i rather save up enough money, buy a yatch & live in it. 

Edited June 11 by single42

[Guest Guest]

12 minutes ago, single42 said:

Now most BTO, there is a minimum period of MOP for 10years. For me, i rather save up enough money, buy a yatch & live in it. 

Why?

[thepresentfitness]

Just sharing my thoughts:

 

[Guest A Journey]

10 hours ago, thepresentfitness said:

Just sharing my thoughts:

 

I fully agree and more so for someone, like you,  who has lived in it for years.  Unfortunately,  singles who crave for independence, away from their family members, have no other option if their funds are limited.  Govt will never ever allow single to buy bigger size HDB directly from HDB.  Despite so many disadvantages of 2-room BTO, there is still....

 

Silver lining of hope..

 

1)  Change of lifestyle (being a minimalist) and cultivate the discipline of keeping things organised in any tiny space, is an art.   There are plenty of Youtube vidoes showcasing how people managed to live in Tiny house from around the world. 

 

2)  The height of ceilings affect people of different height.  Thos much shorter at 160cm may find low ceiling livable as compared to taller guys 180cm.   People who are chubby may find the space too squeeze as compare to  a thin person.  

 

3)  There is possibility of looking for 2-room BTO where the walls are not connected with your neighbour.  Stay in corner unit apart from the rest of connecting units.  I am curious though,  most 2-room BTO are owned by Single, and the noise they put  should be minimal as compared to big family?

 

4)  Create warmth out of small space.  Look at Ikea small studio showroom for inspiration.  You can get an interiror designer to draw you a plan,  than work it out within your budget, progressing towards achieving those designed plan.   If you don't like small house, it probably may not be space issue, but you could possibly get the colors and furnitures all wrong?   Visual often treat people into beliving something small look big, or something big look small whether you stay in 2-room BTO or 5-room BTO.  

 

5)  I think the location of your bathroom near the front door is better than having them in the middle of the house or living room?  If so, it will be a sore to the eyes like some maisonette toilet smack in the middle of their hall.   Don't worry about the Fengshui.   BTO front door has no fengshui because it is facing your neighbour in most cases.   So, your neighbour toilet is facing your toilet if both main door opened?  Always keep your toilet door closed whether you are using it or not.   I thought BTO toilet window is bigger than old HDB toilet window and should provide more than sufficient ventilation?  Put a small cactus to ward off any bad energy coming directly through your front door.   The advantage  of having toilet near the door so that you can immediately wash your feet before stepping into the house after outdoor activities. 

 

Having said the above, I think every individual's inspiration and perspective is different.  6 years iving in small space is not a very long time and you've already felt worn out.  Try to revive your space, give it a new look, shift your furnitures, throw out old stuffs (Marie Kondo method), bring in something happy, give your house the love it deserves,  ....etc.    Why I have authority to say what I say?

 

Living in  bedroom 

 

I had been living in a small common bedroom (for at least 10 years), and with strict conditions imposed on me because it was not my home.   I eat, sleep, study in the small space.  Yet, I managed to organise it to have a small library, eating corner,  single bed, study space and... a small storage space aside from my wardrobe.  It has everything I need (to live decently) and the space "look big" because of my use of color - white and of similar shades and tones.  To maintain my livable space,  if one item comes in, another item will have to go out regardless if I love it. If the new item is big, than two or three small items will  leave the space into trash bin or carosell and most of the time I donate or give it away for free (giving back to society).   I am not allowed to use perfume, or make noise, or anything that look sore to the eyes of the house owner and the neighbour, is anything but desirable which are the only inconvenience to me, not so much of the room size.  

 

Now - my personal house

 

I lived in a 3-room resale flat, for at least 10 years.   It was a luxury and more than enough space I could have asked for, but I still maintain the same disciple and lifestyle when I was living inside someone bedroom.  As such, my 3-room HDB is big enough I have completely no use for the common room which often left vacant.  Proabbly, I can rent it to someone who share the same discipline as me?

 

Future?????

 

If someday, I sell my HDB and lived in short-lease 2-room BTO, will I find it small?  

Not exactly,  I think it will be a perfect space, easy to maintain and equally spacious (for someone who has experienced living inside a bedroom for years)   The challenge though, is to find a good neighbour or stay in corner isolated unit and hopefully, a good window view...is all that matters.   

 

Conclusion

 

Every room every, house has its spirit.  I always touched the wall of my house and give thanks to it.  It may be a small space, or a big space but it has an important duty - to offer me privacy and keep me safe 24/7.   

 

 

 

 

 

 

 

[Guest Guest]

Why never buy a 2rm hdb? When you see people buying a 1 bedder private condo to stay.

 

Not easy to get a unit where the walls are not connected with your neighbour. Even for those 4 rm and 5 rm bigger flat, their walls are connected with your neighbour even the unit is corner unit. The design of BTO flat now is always at least two units are connected side by side with another unit, or even more.

 

I do not know what will be the advantage of having your unit walls not connected with your neighbour. Even your unit is not connecting to neighbour unit, it might connected to a lift or staircase.

 

 

[Guest guest]

21 hours ago, thepresentfitness said:

Just sharing my thoughts:

 

Why you did not get the bigger 47sqm 2 rm flat?

 

Anyway, if want to have a higher ceiling, only can buy top floor unit. Hearsay the ceiling height for top floor unit is 2.7m.

[Guest Yes, got.]

1 hour ago, Guest Guest said:

 

 

Not easy to get a unit where the walls are not connected with your neighbour.

Even your unit is not connecting to neighbour unit, it might connected to a lift or staircase.

 

 

Yes, some are connected to stairways, either to a kitchen wall or toilet wall.  However the entire living space is not connected to neighbours, which mean it is a corner unit and the wall belongs to OUTSIDE space.   Such units often get snapped up before the start of dawn, by those in the front queue of selection, from the building layout plan.  You are lucky if you get the first number from ballotting.  If your number is last, then you don't have much choice to choose.

[thickhead79]

On 6/11/2024 at 11:03 PM, single42 said:

Now most BTO, there is a minimum period of MOP for 10years. For me, i rather save up enough money, buy a yatch & live in it. 

U sure most?? Haha 

 

Only prime hdb 

[thickhead79]

Geylang 4-room HDB flat sold for S$1.006M, first such unit to cost 7-digit sum in estate

The unit is located between the 13th and 15th floors of the building.

[Guest Still want?]

On 6/11/2024 at 11:03 PM, single42 said:

Now most BTO, there is a minimum period of MOP for 10years. For me, i rather save up enough money, buy a yatch & live in it. 

Yatch lifespan is very short and high maintenance due to its exposure to sea elements. Staying too long in the yatch will also affect your bone mass because human needs solid ground for our bone structure to grow strong.

[bodybuildMLY]

I don't mind getting 2-room flexi flat when the time comes.

 

I will try to minimalize everything to save space e.g. using sofa bed instead of a fix one. Easier to maintain a smaller space than a large one. 

[Guest HDB]

I will be going to HDB tomorrow to book my BTO flat.

I observe for the 2-room Flexi category, the smaller units are not popular at all even though they are situated at the corner, have unblocked view above 12th floor and do not get the brunt of the afternoon sun. Maybe there are very few successful "Single" BTO applicants or the size of these units are indeed too small. On the other hand, most of the bigger units have been taken since booking started 2 months ago (including those that are near to the lift landing and centralised rubbish chute).

[kidster]

On 6/12/2024 at 10:35 AM, Guest A Journey said:

I fully agree and more so for someone, like you,  who has lived in it for years.  Unfortunately,  singles who crave for independence, away from their family members, have no other option if their funds are limited.  Govt will never ever allow single to buy bigger size HDB directly from HDB.  Despite so many disadvantages of 2-room BTO, there is still....

 

Silver lining of hope..

 

1)  Change of lifestyle (being a minimalist) and cultivate the discipline of keeping things organised in any tiny space, is an art.   There are plenty of Youtube vidoes showcasing how people managed to live in Tiny house from around the world. 

 

2)  The height of ceilings affect people of different height.  Thos much shorter at 160cm may find low ceiling livable as compared to taller guys 180cm.   People who are chubby may find the space too squeeze as compare to  a thin person.  

 

3)  There is possibility of looking for 2-room BTO where the walls are not connected with your neighbour.  Stay in corner unit apart from the rest of connecting units.  I am curious though,  most 2-room BTO are owned by Single, and the noise they put  should be minimal as compared to big family?

 

4)  Create warmth out of small space.  Look at Ikea small studio showroom for inspiration.  You can get an interiror designer to draw you a plan,  than work it out within your budget, progressing towards achieving those designed plan.   If you don't like small house, it probably may not be space issue, but you could possibly get the colors and furnitures all wrong?   Visual often treat people into beliving something small look big, or something big look small whether you stay in 2-room BTO or 5-room BTO.  

 

5)  I think the location of your bathroom near the front door is better than having them in the middle of the house or living room?  If so, it will be a sore to the eyes like some maisonette toilet smack in the middle of their hall.   Don't worry about the Fengshui.   BTO front door has no fengshui because it is facing your neighbour in most cases.   So, your neighbour toilet is facing your toilet if both main door opened?  Always keep your toilet door closed whether you are using it or not.   I thought BTO toilet window is bigger than old HDB toilet window and should provide more than sufficient ventilation?  Put a small cactus to ward off any bad energy coming directly through your front door.   The advantage  of having toilet near the door so that you can immediately wash your feet before stepping into the house after outdoor activities. 

 

Having said the above, I think every individual's inspiration and perspective is different.  6 years iving in small space is not a very long time and you've already felt worn out.  Try to revive your space, give it a new look, shift your furnitures, throw out old stuffs (Marie Kondo method), bring in something happy, give your house the love it deserves,  ....etc.    Why I have authority to say what I say?

 

Living in  bedroom 

 

I had been living in a small common bedroom (for at least 10 years), and with strict conditions imposed on me because it was not my home.   I eat, sleep, study in the small space.  Yet, I managed to organise it to have a small library, eating corner,  single bed, study space and... a small storage space aside from my wardrobe.  It has everything I need (to live decently) and the space "look big" because of my use of color - white and of similar shades and tones.  To maintain my livable space,  if one item comes in, another item will have to go out regardless if I love it. If the new item is big, than two or three small items will  leave the space into trash bin or carosell and most of the time I donate or give it away for free (giving back to society).   I am not allowed to use perfume, or make noise, or anything that look sore to the eyes of the house owner and the neighbour, is anything but desirable which are the only inconvenience to me, not so much of the room size.  

 

Now - my personal house

 

I lived in a 3-room resale flat, for at least 10 years.   It was a luxury and more than enough space I could have asked for, but I still maintain the same disciple and lifestyle when I was living inside someone bedroom.  As such, my 3-room HDB is big enough I have completely no use for the common room which often left vacant.  Proabbly, I can rent it to someone who share the same discipline as me?

 

Future?????

 

If someday, I sell my HDB and lived in short-lease 2-room BTO, will I find it small?  

Not exactly,  I think it will be a perfect space, easy to maintain and equally spacious (for someone who has experienced living inside a bedroom for years)   The challenge though, is to find a good neighbour or stay in corner isolated unit and hopefully, a good window view...is all that matters.   

 

Conclusion

 

Every room every, house has its spirit.  I always touched the wall of my house and give thanks to it.  It may be a small space, or a big space but it has an important duty - to offer me privacy and keep me safe 24/7.   

 

 

 

 

 

 

 

 

Thanks for sharing. One of the most insightful posts I have read.

[kidster]

On 6/11/2024 at 11:03 PM, single42 said:

Now most BTO, there is a minimum period of MOP for 10years. For me, i rather save up enough money, buy a yatch & live in it. 

 

Many foreign expats live on boats at Raffles Marina. During weekends, they will drive their boats out for a ride.

 

Besides boats, they own cars which they use for commuting. When they leave the country, they will sell off them off. Not sure why they do that. Perhaps they really love the sea.

[thickhead79]

32 minutes ago, Guest HDB said:

I will be going to HDB tomorrow to book my BTO flat.

I observe for the 2-room Flexi category, the smaller units are not popular at all even though they are situated at the corner, have unblocked view above 12th floor and do not get the brunt of the afternoon sun. Maybe there are very few successful "Single" BTO applicants or the size of these units are indeed too small. On the other hand, most of the bigger units have been taken since booking started 2 months ago (including those that are near to the lift landing and centralised rubbish chute).

all base on your lucky number 

[Guest Sea Us No Up]

43 minutes ago, kidster said:

 

Many foreign expats live on boats at Raffles Marina. During weekends, they will drive their boats out for a ride.

 

Besides boats, they own cars which they use for commuting. When they leave the country, they will sell off them off. Not sure why they do that. Perhaps they really love the sea.

True, they love watching the sea than Singapore housing estates.

[single42]

4 hours ago, Guest Still want? said:

Yatch lifespan is very short and high maintenance due to its exposure to sea elements.

 

This I agree

 

4 hours ago, Guest Still want? said:

Staying too long in the yatch will also affect your bone mass because human needs solid ground for our bone structure to grow strong.

 

There's no medical / scientific logical reasoning to back this statement up. 

[single42]

1 hour ago, kidster said:

they own cars which they use for commuting.

 

I will never ever own a car because i find it illogical to have one in sg. based on the car purchase figure itself, adding on the COE, road taxes, car maintenances, pumping of petrol, the carpark coupons, the erp gantries etc etc.. it will add up to a 5 room exec flat price. 

 

moreover sg transportation is so convenient, having grab apps, comfort delgro apps, mrt stations within waling distances and buses.. and in order to bring down the carbon footprint in sg, transportation is the first segment to look into. 

[Guest Space gravity]

11 hours ago, single42 said:

 

This I agree

 

 

There's no medical / scientific logical reasoning to back this statement up. 

NASA will tell u so.

[thickhead79]

SINGAPORE - The Housing Board has launched 6,938 Build-To-Order (BTO) flats on June 19 for sale across eight projects in Jurong East, Kallang/Whampoa, Queenstown, Tampines, Woodlands and Yishun.

HDB also announced it would increase the subsidies for three of the projects which are under the prime location public housing (PLH) model. This is to “keep the flats affordable for a wider range of Singaporeans”, the agency said, without specifying the extent of the increase.

The projects are Tanjong Rhu Riverfront I and II in the mature town of Kallang/Whampoa, as well as Holland Vista in Queenstown.

[thickhead79]

The Tanjong Rhu Riverfront I and II PLH projects in Kampong Arang Road will offer a combined 2,063 two-room flexi, three- and four-room flats on a site by the Geylang River.

Prices, excluding grants, range from $402,000 to $544,000 for a three-room unit, and $568,000 to $779,000 for a four-room flat, making these flats the priciest at this launch.

In comparison, three-room resale flats in Kallang/Whampoa transacted at between $730,000 and $828,000, and four-room flats at between $868,000 and $1.08 million, said HDB.

[Guest HDB]

Lease Buyback Vs Rightsizing

[Guest Shocking Heaven]

2 hours ago, thickhead79 said:

three-room resale flats in Kallang/Whampoa transacted at between $730,000 and $828,000,

You got to be kidding me. Right?

[thickhead79]

15 minutes ago, Guest Shocking Heaven said:

You got to be kidding me. Right?

Before grant

[Guest huh?]

14 hours ago, thickhead79 said:

Before grant

In future, all resale 3 room flats will be transacted at base line of $600K or above ??

[lonelyglobe]

1 hour ago, Guest huh? said:

In future, all resale 3 room flats will be transacted at base line of $600K or above ??

Depends on the lease balance,  those after MOP are already selling at 600-700k. Those with balance lease of 40+ years can sell at 300+ but give them another 20 years,  I am interested to see how much people are willing to pay for a flat with 20 years lease. 

[thickhead79]

SINGAPORE - The first Housing Board flats in Bayshore and an integrated development in Kembangan are among 14 Build-To-Order (BTO) projects that will go on sale in October.

A BTO project in Kallang/Whampoa will pilot a new “white flat” open concept, where units are free of partition walls and beams, giving buyers who opt for this layout a white canvas to design the flat as they choose.

Also on offer will be the first development in a new housing area in Sengkang and community care apartments in Geylang.

[Guest Any?]

I want to spend my days looking at the sea during sunrise and sunset. Any short lease BTO facing seaside?

[thickhead79]

5-room DBSS HDB flat in Boon Keng sold for S$1.3M, sets resale record in estate

The flat has 85 years and 8 months left on its lease.

[Guest AAA]

On 6/20/2024 at 8:55 AM, Guest huh? said:

In future, all resale 3 room flats will be transacted at base line of $600K or above ??

This is the base case and we are moving towards that direction and faster than anyone can imagine due to Govt's reluctance to do anything.  Remember how MND tried to taichi off last year by saying that "HDB resale flats that have been sold for $1 million or more form a very small minority, at around 1% of total resale transactions in 2021 and 2022."  As more and more flats sold for $1 million or more, it will push the entire asset class up.  

 

Singles will be most affected because all the rules are not set with singles in mind.  The max hdb loan that singles can take is based on $7K salary whereas married couple is based on $14K combined salary.  A lot of singles will be filtered from the 3 room resale flats due to this small loan amt.  The govt knows these because couples have already started to complain about the ridiculous prices of EC because the loan cannot avoid a huge upfront payment.  

 

Eventually the prices will catch up to Hong Kong's (1 flat, 1% of the flats, 10% of the flats and slowly becomes the baseline).  Singles will just get priced out.  Remember their goal is married couples, boomer and lastly singles.  Married couples and boomers form the bulk of the voting population.

 

All these don't apply if you have a rich daddy or if you come from a rich family.

[thickhead79]

After Record-Breaking $1.3M Clementi Ave 3 Sale, Another 5-Room Flat in Same Block Goes on Sale for $1.56M 😱💸

This block is literally a 5-minute walk away from Clementi MRT, but is it worth the high price tag?

[Guest Mr Meh]

11 hours ago, thickhead79 said:

After Record-Breaking $1.3M Clementi Ave 3 Sale, Another 5-Room Flat in Same Block Goes on Sale for $1.56M 😱💸

This block is literally a 5-minute walk away from Clementi MRT, but is it worth the high price tag?

Why you care so much whether a HDB is being sold above or below $1mil?  You want to sell your house for $1mil meh?  Your house value $1mil meh?   You want to buy a $1m dollar house meh?  You jealous and envious of other people $1mil house meh?

[kidster]

Went house viewing and noticed the neighbor next door is a heavy smoker. If he smokes inside the house, will I be able to smell it?