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HDB sell 3-room flat for $795k?


Alim
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Its a repurchased flat at Blk 44 Jalan Bahagia - see Flat

 

This isnt a unsold BTO unit - lease commencement was in the 1970s! Its a 1st floor unit somemore. Only positive thing is that it is near the Kallang River.

 

Edit - If you look on Google maps - the unit is part of a row of semi-detached. My parents say HDB used to build a small no of such units in the Kallang and Queenstown area.

Technically its a 3-room - coz living room at 1st floor and 2 rooms on 2nd floor, but HDB is wrong to put it as a 3 room flat lah.

Edited by Greyminswift
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Its a repurchased flat at Blk 44 Jalan Bahagia - see Flat

 

This isnt a unsold BTO unit - lease commencement was in the 1970s! Its a 1st floor unit somemore. Only positive thing is that it is near the Kallang River.

 

Edit - If you look on Google maps - the unit is part of a row of semi-detached. My parents say HDB used to build a small no of such units in the Kallang and Queenstown area.

Technically its a 3-room - coz living room at 1st floor and 2 rooms on 2nd floor, but HDB is wrong to put it as a 3 room flat lah.

 

What you say is identical to some units in Jurong (400s) where i notice also have such 2 story flats when I passed by there on the way to Jurong Point sometime back ^_^

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Its a repurchased flat at Blk 44 Jalan Bahagia - see Flat

 

This isnt a unsold BTO unit - lease commencement was in the 1970s! Its a 1st floor unit somemore. Only positive thing is that it is near the Kallang River.

 

Edit - If you look on Google maps - the unit is part of a row of semi-detached. My parents say HDB used to build a small no of such units in the Kallang and Queenstown area.

Technically its a 3-room - coz living room at 1st floor and 2 rooms on 2nd floor, but HDB is wrong to put it as a 3 room flat lah.

So its those old landed HDB? got resale from HDB one meh

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So its those old landed HDB? got resale from HDB one meh

 

must be repossessed by hdb due to flaunting rules, maybe rent out etc or habour illegal immigrant? only malay or indian/eurasian can buy, chinese quota full liao. 795k for another 57yrs of lease, 106sqm 'landed'

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must be repossessed by hdb due to flaunting rules, maybe rent out etc or habour illegal immigrant? only malay or indian/eurasian can buy, chinese quota full liao. 795k for another 57yrs of lease, 106sqm 'landed'

Pay double the price for half the lease [rolleyes] Landed indeed

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Turbocharged

3room 106sqm. damn big.

Either reposses or ex-owner died liao and hdb took over the flat since no once come and claim.

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The root cause comes from new flats pricing model. The flats should have based on the base price with HDB selling with little profit.

 

Example :

I believe HDB can be priced at 180k of first time buyer of a 4 room flat and 280k of a 5 room flat. The cost of building these flats are lower than these pricing, I believe so. If these pricing model, it will naturally bring down the pricing expectation of the open market HDB. Coz it does not make many senses to buy from open market at these rocket prices, while first timer can buy direct from HDB at 180k-4room or 280k-5room and willing to wait from 2 years.

 

 

I still dun understand, why the gov pak the new flats in tandem with the open market price. This shouldn't be happen in the first place. As was mentioned by many, HDB supposed to be a basic housing for the citizens. If the gov wants to, it can change the policy to make it happen.

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The root cause comes from new flats pricing model. The flats should have based on the base price with HDB selling with little profit.

 

Example :

I believe HDB can be priced at 180k of first time buyer of a 4 room flat and 280k of a 5 room flat. The cost of building these flats are lower than these pricing, I believe so. If these pricing model, it will naturally bring down the pricing expectation of the open market HDB. Coz it does not make many senses to buy from open market at these rocket prices, while first timer can buy direct from HDB at 180k-4room or 280k-5room and willing to wait from 2 years.

 

 

I still dun understand, why the gov pak the new flats in tandem with the open market price. This shouldn't be happen in the first place. As was mentioned by many, HDB supposed to be a basic housing for the citizens. If the gov wants to, it can change the policy to make it happen.

 

If they don't peg to open market, it is as good as passing $$$ to the buyers when they sell at open market price.

 

While one can say that they do not control market prices but they can influence by their policies.

 

Stop building flats and more FTs influx = Higher property prices. Get it? [:p]

 

 

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Turbocharged

Balance flats

5 Room, 112sqm, Blk 9, Boon Tiong Road (Bukit Merah area)

Probable Completion Date : 4Q/2014

Delivery Possession Date : 31 Dec 2015

 

This NEW block facing got hantu? How come last execise no one take it?

#02-513 - S$675,900

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#30-513 - S$754,800

Edited by Mcf777
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