980k HDB mansionette

[Dark]

Dunno what is the intention of the MSM to report record price here record price there as prime news some more as if there is not enough hype. Any why no report on record low price?

[LoverofCar]

Downturn is coming......Semiconductor market is already seeing it in Q3 and Q4.......

[Mockngbrd]

1 mirrion HDB coming soon

 

Channel NewsAsia Singapore

An HDB flat in Queenstown could be sold for record S$1million, thanks partly to rising cash-over-valuation.

[Viceroymenthol]

Dunno what is the intention of the MSM to report record price here record price there as prime news some more as if there is not enough hype. Any why no report on record low price?

 

Yup, just a few months ago the Govt seemed bent on lowering property prices, right? And you guys all cheered and praised Mr Khaw, right?

 

Looks like Govt conned Singkies once again!

[Kyrios]

1 mirrion HDB coming soon

 

Channel NewsAsia Singapore

An HDB flat in Queenstown could be sold for record S$1million, thanks partly to rising cash-over-valuation.

 

Got lah..when Pinnacle Duxton reaches 5 years MOP...sure got..1mirrion..

 

Anyway these foreigners, like this buyer and Ma chi are filthy rich!!!

Edited September 7, 2012 by Kyrios

[Vid]

Nowadays ah tiong very rich... they use money like drink water. sup sup shui

[Vyap]

Nowadays ah tiong very rich... they use money like drink water. sup sup shui

 

 

ah tiong's sources of money is ??? it's the doby = washing

[Vid]

ah tiong's sources of money is ??? it's the doby = washing

[Kyrios]

I tot PAP said hot property prices nothing to with influx of FTs?

[Theoldjaffa]

$980k for a mansionette is sibei cheap !!!

wrong spelling.. its maisonette...

[Felipe]

1 mirrion HDB coming soon

 

Channel NewsAsia Singapore

An HDB flat in Queenstown could be sold for record S$1million, thanks partly to rising cash-over-valuation.

cov is a system tat only increases the price to dangerous levels.

 

right now, private property is stable as based on bank valuation and sale price usually lower.

 

 

[Shemmy]

 

The last transacted is 1.068M. I got the survey from ERA asking if 1.56M is sufficient.

 

By the way, to anyway interested. I got a unit at Tampines Court for sale and another unit 3 bedder at Ris Granduer for sale (tenanted till october next year for sale). Looking to sell either one to fund a new house.

 

PM me for anyone interested,

 

 

[Bellaraphon]

Ppl willing to pay 200K COV for my HDB, I will also sell. 200K cash is not easy to come by nowadays.

[Joseph22]

cov is a system tat only increases the price to dangerous levels.

 

right now, private property is stable as based on bank valuation and sale price usually lower.

unless you mean we cannot buy above COV.

[Pmet]

This shows that our KBW's policies are ineffective. He asked the would-be (young) homeowners to wait... at this pace, probably wait till they are all 40++ liao factory close shop liao loh! PAP really have to buck up!

Edited September 7, 2012 by Pmet

[Biggulp]

The price may be high for a HDB flat but the private housing alternative (an apartment the same size in a similar location) will cost two to three times more. There will no doubt be buyers who think it is a reasonable price.

[Pmet]

HDB will always be HDB with no facilities, for the masses, family people, people who drive BAB cars or no car at all. What warrants 500 PSF for HDB when brand new 99yr condos are going for around 1k PSF? Though I would agree somehow that the costs are all relative.

 

Remember, when GCBs are sold for 100M (2k PSF) doesn't mean HDB prices must close in. It's all different categories! Private is for the speculators/rich who can afford to loose $$$ whereas HDB is for the masses who earn fixed salary.

 

HDB must be protected from speculation at all cost!

[Kiadaw]

Some fun facts.

 

We pay one of the most expensive housing, but its on a leased land, mostly with a expiry date, we pay the most expensive price for our cars, yet we can only drive for 10 years....