kdash Supersonic January 3, 2018 Share January 3, 2018 If house owner afraid then they have to keep moving house lo. Lol. Anyway, garment should say majority precinct would not get SERS lo, cause they are simply way too many old flats here which dont think garment is able to SERS even half of them even they wanted to?! Like i said before, there are simply too little SERS announced esp recent years, so it seems like SERS project is not in their top list at all.yup which is why people should not buy old flats and hope for SERS. i would like to think that MND and HDB have something in mind besides SERS. let the ministers and scholars rack their brains haha... ↡ Advertisement Link to post Share on other sites More sharing options...
Spidey10 Supercharged January 3, 2018 Share January 3, 2018 http://www.straitstimes.com/singapore/housing/govt-taking-back-191-homes-in-geylang-when-lease-endsSo is true then!!! Our hdb is not an asset...Better go msia and buy a freehold property...knn. Just when you thot you are retiring and want to enjoy life, suddenly this thing happens and you are without a roof over your head! At this old age, what can you do??? 1 Link to post Share on other sites More sharing options...
13177 Supersonic January 3, 2018 Share January 3, 2018 (edited) yup which is why people should not buy old flats and hope for SERS. i would like to think that MND and HDB have something in mind besides SERS. let the ministers and scholars rack their brains haha... But some people buy old flats not hoping for SERS but for location. Since mature estate and good location are usually old flats. Edited January 3, 2018 by 13177 Link to post Share on other sites More sharing options...
Eyke Supercharged January 3, 2018 Share January 3, 2018 So is true then!!! Our hdb is not an asset... Better go msia and buy a freehold property...knn. Just when you thot you are retiring and want to enjoy life, suddenly this thing happens and you are without a roof over your head! At this old age, what can you do??? pray u die b4 lease runs out... Link to post Share on other sites More sharing options...
kdash Supersonic January 3, 2018 Share January 3, 2018 But some people buy old flats not hoping for SERS but for location. Since mature estate and good location are usually old flats.yes which is what i did haha... Link to post Share on other sites More sharing options...
Showster Twincharged January 3, 2018 Share January 3, 2018 pray u die b4 lease runs out... The best is buy a longer lease property for various reasons. If you are 30 and buy one with 95 years lease, there is close to zero chance to ever see the lease reach zero. Link to post Share on other sites More sharing options...
Kopites Supersonic January 3, 2018 Share January 3, 2018 Yes tiong bahru. If tiong bahru hdb cost 700k, how much do you think the condo opposite costs? Smaller unit and low floor start 1.2/3 mil. Potential investment opportunity. Rental yield high. Forgotten the details. Years ago liao. I was invited to their launch years back. So go there walk walk see see. Haha Issue is not lack of land, it is lack of construction capacity. In recent years, there is a housing shortage - If use the capacity to do SERS, build one block and knock down one block, net effect is 0 extra housing created. Use for BTO, net effect is one extra block. Actually I disagreed on knock down one and build one new equal zero effect. Old block higher 10plus floor.look at havelock green. 35floor. Apparently those not only from the zion road enblock stretch. Link to post Share on other sites More sharing options...
Kopites Supersonic January 3, 2018 Share January 3, 2018 (edited) its ok with me ... if they pay, i'll just move back to my parents place ... no issue... even my son can stay there for another 60-70 years ! my maths very POOR one ... don't confuse me ... Actually I love my current corner unit. Size definitely bigger than new 4 room. By the way central green opp TB plaza only cost 600k when it was newly launched. Now probably cost more than a mil. Miss that opportunity as I was away from sing.sigh Let me know if you are keen At the CC or around bloc post office stretch? CC stretch cost more. The size as big as 5 room. Many units there turn into office space. Edited January 3, 2018 by Kopites Link to post Share on other sites More sharing options...
Kopites Supersonic January 3, 2018 Share January 3, 2018 But some people buy old flats not hoping for SERS but for location. Since mature estate and good location are usually old flats.It very much depend on age group. Young couple probably buy an old unit hoping for enbloc. Old people like me hope it won't get enbloc. Link to post Share on other sites More sharing options...
Kusje Supersonic January 3, 2018 Share January 3, 2018 Opposite the hawker centre. Link to post Share on other sites More sharing options...
Kopites Supersonic January 3, 2018 Share January 3, 2018 (edited) Opposite the hawker centre.Than don't sell. Hold on for a year or two. When the havelock MRT open it will fetch even higher price. My advise not to sell. Once you move out of mature estate pretty hard to move back unless going private. Rent out the whole unit can easily fetch you 1.5 to 2k per month. Let your mom stay with you presume your current place has lift landing. Imagine monthly rental income of 1.5k to 2k without even needing to lay a finger. Edited January 3, 2018 by Kopites Link to post Share on other sites More sharing options...
DACH Supersonic January 3, 2018 Share January 3, 2018 It very much depend on age group. Young couple probably buy an old unit hoping for enbloc. Old people like me hope it won't get enbloc. Then this young people better save up for their next flat because they are just gambling the risk that the flat will be enbloc-ed, which in most cases won't but take back by the govt with zero value. Then blame the govt for their missed chance to make quick bucks. They completely missed the point of the initial mission of HDB and public housing here. Link to post Share on other sites More sharing options...
Jamesc Hypersonic January 4, 2018 Share January 4, 2018 As a wise men said. If want to commit crime Just rent. Link to post Share on other sites More sharing options...
Icedbs Turbocharged January 4, 2018 Share January 4, 2018 So is true then!!! Our hdb is not an asset... Better go msia and buy a freehold property...knn. Just when you thot you are retiring and want to enjoy life, suddenly this thing happens and you are without a roof over your head! At this old age, what can you do??? Bro....knowing that the property is 99 years lease, you are suppose to plan for its investment returns if you are looking at it as an investment vehicle. However, there are also people who just buy it due to location, size, etc...they are not concern about whether it has investment returns or not. I know it is natural that people wants the cake and eat it too but many things in life doesn't happen that way. Just like everybody wants cheap and good services, but they often don't go together. 99 years is still a long time to plan, hdb can still provide good rental returns if you know how to structure your property portfolio. Link to post Share on other sites More sharing options...
13177 Supersonic January 4, 2018 Share January 4, 2018 Than don't sell. Hold on for a year or two. When the havelock MRT open it will fetch even higher price. My advise not to sell. Once you move out of mature estate pretty hard to move back unless going private. Rent out the whole unit can easily fetch you 1.5 to 2k per month. Let your mom stay with you presume your current place has lift landing. Imagine monthly rental income of 1.5k to 2k without even needing to lay a finger. Move out of mature estate indeed not easy to move back, cause if want move back needs to buy old flat which is not recommended, if buy newer flat, price too expensive. It very much depend on age group. Young couple probably buy an old unit hoping for enbloc. Old people like me hope it won't get enbloc. True, old people or first owner of the old flat who have stay there more than 35 years would not want their flat to get enbloc de. Cause they dont want to move to new area or adopt to new neighbour etc. Link to post Share on other sites More sharing options...
Ysc3 Twincharged January 4, 2018 Share January 4, 2018 True, old people or first owner of the old flat who have stay there more than 35 years would not want their flat to get enbloc de. Cause they dont want to move to new area or adopt to new neighbour etc. I donno if I qualify for old ... but I really like my location and its near to schools which I am hoping my boy can go to .... and it will be very convenient. Link to post Share on other sites More sharing options...
13177 Supersonic January 4, 2018 Share January 4, 2018 I donno if I qualify for old ... but I really like my location and its near to schools which I am hoping my boy can go to .... and it will be very convenient. Actually if nearby your house got empty land, even if it got enbloc, the replacement site also would not be too far away la. Link to post Share on other sites More sharing options...
Victor68 Turbocharged January 4, 2018 Share January 4, 2018 The HDB idea started well but it turns into a money milking machine. Greet cause it to be a monster today and burden to the future generations. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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