3 room HDB flats

[Picanto]

those living in such flats are supposed to be the lower income group. but their carparks are fiiled with altis, sunny, civic, latio and even an occassional mercs/bmw. hard to find a lot at 8pm on a normal weekday. cars must have been so cheap that even those living in such flats can afford it.

 

its good that this is about to be changed as the quota is going to be cut further.

[Boyboy]

there are people who buy tiny pigeon hole condos at high price. for those who have the $$ but see no point in paying for nice compound, can get resale 3-rm for fraction of the cost and spend a few tens of thousands to reno until even nicer than condo.

 

different strokes for different folks lah. don't assume everyone in 3-rm bought it direct from HDB and thus has combined household income below 3k.

[Picanto]

there are people who buy tiny pigeon hole condos at high price. for those who have the $$ but see no point in paying for nice compound, can get resale 3-rm for fraction of the cost and spend a few tens of thousands to reno until even nicer than condo.

 

different strokes for different folks lah. don't assume everyone in 3-rm bought it direct from HDB and thus has combined household income below 3k.

 

the 3k income is the basic criteria for a 3 room flat. i guess times have really changed. the poor are no longer living in 3 rooms. the real poor are those who live in bigger flats, own a car, and struggle to pay the housing and car loan every month.

[Icedbs]

there are people who buy tiny pigeon hole condos at high price. for those who have the $$ but see no point in paying for nice compound, can get resale 3-rm for fraction of the cost and spend a few tens of thousands to reno until even nicer than condo.

 

different strokes for different folks lah. don't assume everyone in 3-rm bought it direct from HDB and thus has combined household income below 3k.

 

just a question. If their household combine is NOT under 3k, then how do they manage to buy direct?

 

I also want to know. My pay is high, but I want a 3 room also so that I can stay there and rent out my condo.

Edited May 28, 2010 by Icedbs

[Picanto]

just a question. If their household combine is NOT under 3k, then how do they manage to buy direct?

 

I also want to know. My pay is high, but I want a 3 room also so that I can stay there and rent out my condo.

 

forget about it. its people like you that the govt want to weed out.

[Nutty]

You can buy 3RM from the resale market... no income ceiling restriction.

[Mrlau]

cars must have been so cheap that even those living in such flats can afford it.

 

Car is symbol of status, 3rm flat is NOT.

 

You can show to everyone you are successful with your flashy, fast and loud car,

 

but you can't do that with your houses (even it is at district 9 or 10).

Edited May 28, 2010 by Mrlau

[S4vtec]

My 3 room neighbours here drives cars the like of camrys, accords, the occasional Mitsuka ,more commonly E classes and that 1 special 6 series.

[Mike1234]

I normally seen more "high class " cars in 4,5 or executive room flats....

 

Nowadays, the car park lots are all filled with cars but generally Korean or Jap make.

 

Cars are essential transport mode thus many own one.

 

Even the so called poor has the ability to own an OPC....So i don't think its an issue for cars.

 

Its either people want or don't want buy. Not people too poor or etc.....

[Ultramega]

1) The owners of those 3-room flats may be low income earners, but their kids could be grads earning lots of $$$$$$.

 

2) If you observe, u will realise Hdb don't put all 3-rm flats in one area (less the super old estates). If there's a block of 3-rm flats there will be 4 & 5-rms and even EA, EM right next to it, sharing the same carpark. Those build in recent years even have studio, 3,4,5-rm flats all built into the same block. You can't be sure who owns those cars, right?

 

This is to prevent an area from becoming a "slum", if u know what i mean. Our neighboring countries have this problem.

Edited May 28, 2010 by Ultramega

[Rainman]

those living in such flats are supposed to be the lower income group. but their carparks are fiiled with altis, sunny, civic, latio and even an occassional mercs/bmw. hard to find a lot at 8pm on a normal weekday. cars must have been so cheap that even those living in such flats can afford it.

 

its good that this is about to be changed as the quota is going to be cut further.

 

Some bought HDB just to store their clothings...

[Watwheels]

It's all about location, location, location. Got money will probably buy you a nice flat but not necessarily get you the location you want.

[Roborovskii]

Bare Necessities

[Hondaes8]

just a question. If their household combine is NOT under 3k, then how do they manage to buy direct?

 

I also want to know. My pay is high, but I want a 3 room also so that I can stay there and rent out my condo.

 

buy resale...........my friend who do not have kids, bought a 1 room flat with his wife and stay there, while renting out his condo...

 

[Mach23]

those living in such flats are supposed to be the lower income group. but their carparks are fiiled with altis, sunny, civic, latio and even an occassional mercs/bmw. hard to find a lot at 8pm on a normal weekday. cars must have been so cheap that even those living in such flats can afford it.

 

its good that this is about to be changed as the quota is going to be cut further.

 

May I ask the location where you made the observation? Not surprising, resale 3 rm flats in central area are selling north of $300k, that's more than the $ I bought my flats at. I'm driving a Volvo.

 

I do also see luxury cars (SLK, 911, 7 series, S-Class) on overnight parking coupon in my HDB carpark occasionally, OT at mistress' place?

Edited May 28, 2010 by Mach23

[Mrmilktooth]

do u know that some 3 new rm flats nowadays cost upwards of 200+K ?? thats why the income ceiling of 3K does not apply for that particular project.

[Picanto]

buy resale...........my friend who do not have kids, bought a 1 room flat with his wife and stay there, while renting out his condo...

 

the govt is going after these people. i think there was a crackdown last few mths

[Picanto]

May I ask the location where you made the observation? Not surprising, resale 3 rm flats in central area are selling north of $300k, that's more than the $ I bought my flats at. I'm driving a Volvo.

 

I do also see luxury cars (SLK, 911, 7 series, S-Class) on overnight parking coupon in my HDB carpark occasionally, OT at mistress' place?

 

 

blk 700+ west coast road. very near a exxonmobil petrol station. cannot remember the exact block number.