For an older n non matured hdb estate not in prime housing area it's foolish to pay $1m for it as it's over price n surely will loose money after 5 years MOP to sell the resale hdb executive flat on open market which may not fetch good price to make some profit from buying it in the first place.
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It is matter of time that ppl will pay a million dollar for a 99-yr HDB flat even in a suburb. It is about supply and demand and our populace getting richer. It is silly to compare just airspace and landspace. Location is an important factor. A million SGD buys you nothing in Hong Kong. I can build a fantastic mansion in a Sahara desert, even it is freehold, nobody will buy, believe me. Pls don't condemn those buyers paying his million for it. It is because you feel it is not worth it as you are a poor man. Whereas he has a few millions to throw, why not? Same envy of someone driving a Lambo!
I’m agree in Chee Seng comments
Overpriced hdb vs cheap condo tho smaller I rather go for latter anytime.... ?
At least 11 condos will TOP this year and BUC loans can help aspiring homebuyers clinch their dream home sooner.
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If you didn’t manage to snag a flat in last February’s Yishun BTO, you might want to consider balloting for this year’s May 2022 Yishun HDB BTO. HDB launched a total of 5,330 BTO units in May, with Yishun making up 640 units. That’s around 12% of units located in Yishun. The name Yishun was...
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HDB recently announced that from 8 March 2022, the Housing Board will buy back flats from owners who have difficulty selling them due to the Ethnic Integration Policy (EIP). The EIP sets a quota on the number of households of a certain ethnicity that can live within the block or neighbourhood based on the ethnic...
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