We Love HDB

[Mustank]

 

No, in fact he's amongst the first 20 to choose during this BTO exercise.

As his parents live nearby and also future-in-laws, he feels its' worth it.

 

I also couldn't believe it as well when he told me it's BTO.

 

5 mins to work

5 mins to market ntuc

5 mins to in laws

and a view like this

 

 

720k is cheap liao lah

those dbss jokers next door then is cry

 

http://tickytackyboxes.blogspot.sg/

[Enye]

Not all are looking to sell to be frank. If a couple earns 12K, monthly CPF will be $2400. Based on a 25 year HDB loan, they only need to top up $200 a month. In fact, if add bonus, they might not even need to top up cash.

 

Expensive or not? You decide.

 

 

 

very expensive

 

the housing they purchase should only use $1200 of monthly CPF if take 25 year loan.

 

The other $1200 should go into the OA for building an emergency buffer.

 

if everything is smooth and buffer is not used, then housing would be paid up within 12.5 years

 

[Spring]

 

5 mins to work

5 mins to market ntuc

5 mins to in laws

and a view like this

 

 

720k is cheap liao lah

those dbss jokers next door then is cry

 

http://tickytackyboxes.blogspot.sg/

 

Very true bro, location is priceless and as for my colleague since both parents and future in-laws stay nearby, the time saved esp when he has children later, money can't buy!

[Bacteria83]

 

Just posted this morning in the property thread that my colleague just booked a BTO 5 room flat at Clementi Central for $720k 40th floor!!

 

Amk facing bishan park 5rm which just completed MOP 20 plus floor already asking 900k-1mil. Your friends can easily profit from his BTO and move to private.

 

But he sell high he will buy high, and most probably moving to a smaller space, is that consider a upgrade depend on individuals.

[Nzy]

 

Just posted this morning in the property thread that my colleague just booked a BTO 5 room flat at Clementi Central for $720k 40th floor!!

 

So much more for a high floor? My client just got a BTO 5 room flat at Clementi for 550k.

[Yeshe]

 

Just posted this morning in the property thread that my colleague just booked a BTO 5 room flat at Clementi Central for $720k 40th floor!!

The one above clementi mall? Happy ju ho

[Spring]

 

Amk facing bishan park 5rm which just completed MOP 20 plus floor already asking 900k-1mil. Your friends can easily profit from his BTO and move to private.

 

But he sell high he will buy high, and most probably moving to a smaller space, is that consider a upgrade depend on individuals.

Another friend who is staying at Bukit Batok 5rm HDB approx 1200 sq ft, bought a condo at J Gateway approx 900 sq ft and he told me he might move in there next year when TOP.

 

With 2 children, I told him that is sounds like a downgrade to me esp as within this 900 sq ft, there are 2 balconeys so kind of cramp to me. He says the children would enjoy the facilities. To each his own I guess.

[Spring]

 

So much more for a high floor? My client just got a BTO 5 room flat at Clementi for 550k.

 

This is the BTO, Clementi Crest. Prices from $576k is 2nd floor unit.

With approx $3k to $4k price increase per floor, u can roughly calculate why it costs $720k for 40th floor.

 

http://esales.hdb.gov.sg/hdbvsf/eampu05p.nsf/0/15MAYBTO_page_1905/$file/about0.html

 

http://esales.hdb.gov.sg/hdbvsf/eampu05p.nsf/0/15MAYBTOCM_page_1905/$file/about0.html

The one above clementi mall? Happy ju ho

 

[Bacteria83]

Another friend who is staying at Bukit Batok 5rm HDB approx 1200 sq ft, bought a condo at J Gateway approx 900 sq ft and he told me he might move in there next year when TOP.

 

With 2 children, I told him that is sounds like a downgrade to me esp as within this 900 sq ft, there are 2 balconeys so kind of cramp to me. He says the children would enjoy the facilities. To each his own I guess.

 

Living space should be around 800sq ft, as kids grow up I feel its a bit too cramp.

 

maybe a gd space for a few yrs and they will start hunting again.

Edited September 22, 2015 by Bacteria83

[Nzy]

 

This is the BTO, Clementi Crest. Prices from $576k is 2nd floor unit.

With approx $3k to $4k price increase per floor, u can roughly calculate why it costs $720k for 40th floor.

 

http://esales.hdb.gov.sg/hdbvsf/eampu05p.nsf/0/15MAYBTO_page_1905/$file/about0.html

 

http://esales.hdb.gov.sg/hdbvsf/eampu05p.nsf/0/15MAYBTOCM_page_1905/$file/about0.html

 

 

Wow. Really so much more just to get high floor. Pay more to get exclusive access to the haze first. Lol.

[Wt_know]

after going up to 40th floor then realize actually what they really really want is ground floor (landed)

 

Wow. Really so much more just to get high floor. Pay more to get exclusive access to the haze first. Lol.

 

[Showster]

Another possibility is to opt for this as a second HDB after selling first one.

 

Maybe sell the previous for 450K to 500K onwards, move to a more central location for about 250 to 300K more.

 

Still possible to use less than $1200 of monthly CPF and finance it, but not for everyone.

 

 

 

 

very expensive

 

the housing they purchase should only use $1200 of monthly CPF if take 25 year loan.

 

The other $1200 should go into the OA for building an emergency buffer.

 

if everything is smooth and buffer is not used, then housing would be paid up within 12.5 years

 

 

[Wt_know]

pay another $250k-$300k more for a more central location? need to take MRT bo?

live in clementi/bishan/tpy no need to take MRT?

pay $300k more kena screwed every morning at a jam pack MRT station ... sibei song ar!

 

Another possibility is to opt for this as a second HDB after selling first one.

Maybe sell the previous for 450K to 500K onwards, move to a more central location for about 250 to 300K more.

Still possible to use less than $1200 of monthly CPF and finance it, but not for everyone.

 

Edited September 22, 2015 by Wt_know

[Myxilplix]

So poor thing hor HDB?

 

Doing their best to give us cheap public housing and losing so much money every year. Imagine they don't subsidize this 720k unit, they could save so much.

[Spring]

 

Living space should be around 800sq ft, as kids grow up I feel its a bit too cramp.

 

maybe a gd space for a few yrs and they will start hunting again.

 

There is no store room, open concept kitchen which can be a nightmare for those who love to cook esp if involves deep frying, no service yard. Not being sour grapes but HDB better

 

FYI, the bomb shelter for most new condos is the staircase well.

[Wt_know]

yalor ... hdb give you heart you treat like dog's lung

deficit $2B leh .... don't know how much tax gonna increase soon ...

 

So poor thing hor HDB?

Doing their best to give us cheap public housing and losing so much money every year. Imagine they don't subsidize this 720k unit, they could save so much.

 

everytime i say hdb better ... kena labeled sour grape leh ... how? lol

to each his own la ... private leh ... don't play play

 

There is no store room, open concept kitchen which can be a nightmare for those who love to cook esp if involves deep frying, no service yard. Not being sour grapes but HDB better

 

FYI, the bomb shelter for most new condos is the staircase well.

 

[Showster]

Clementi has a bus interchange and numerous bus services, many good or decent schools in close proximity (really walkable), as well as close access to AYE and PIE. Even West Coast Highway or CTE is pretty near.

 

Don't just think about MRT.

 

 

pay another $250k-$300k more for a more central location? need to take MRT bo?

live in clementi/bishan/tpy no need to take MRT?

pay $300k more kena screwed every morning at a jam pack MRT station ... sibei song ar!

 

 

 

The comparison and benchmark should be to how much that piece of land can sell if they allow it to be sold to private developers. How many PSF do you think it can sell?

 

Current BTO in Clementi is ex but much also depends on each individual. If the parents and in-laws live nearby, it is still an excellent proposition for living.

 

Also, there are always much more choices North, Northeast and Northwest where the land is priced at 100-150PSF. Nobody dictates that one must stay here.

 

So poor thing hor HDB?

 

Doing their best to give us cheap public housing and losing so much money every year. Imagine they don't subsidize this 720k unit, they could save so much.

 

Edited September 22, 2015 by Seohster

[RH1667]

Now have to worry when son is older can afford down payment for his own HDB, plus have to worry about the childcare / pre-school fee level when grand-child(ren) arrive.

Really must plan properly for poor folks like myself !