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therock

By therock,
in Property Buzz

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13177

13177

Supersonic
10 minutes ago, therock said:

https://www.straitstimes.com/asia/millennial-housing-property-election-issue-singapore

Have you seen the differences between the older and the current HDB flats?
Not only are they smaller, the taller buildings mean more people are packed into the same footprint, and the risks of noise pollution or meeting some annoying neighbor may go up exponentially..

You may also get more vertical traffic jams, more people trying to park in the lots and squeezing onto the same feeder buses to carry you to the MRT stations... 

image.png.8031c009654b5f66ae4e1db9b8c23812.png

Dont stay in those prime or popular location, usually those BTOs are built at least 30-40 plus storey. Stay in those far away from town BTOs, highest around 20 plus storey, or some even less than 20 storey. 

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13177

13177

Supersonic
On 5/7/2022 at 1:36 PM, camrysfe said:

i agree that the hdb in boon keng is quite ex. but the condo is quite affordable.
Eight riversuites in boon keng is still quite low leh.

Dont know what is the average pricing for condo in that area? Saw 1 bedder there can get at $700k plus, price consider affordable for such location?

Ya, boon keng HDB indeed quite ex even for those older HDB in that area.

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therock

therock

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https://www.straitstimes.com/singapore/housing/five-room-hdb-flat-at-henderson-road-with-96-years-remaining-lease-sold-for-record-14-million?utm_campaign=stfb&utm_medium=social&utm_source=facebook&fbclid=IwAR2otCihTZm51tE5RlPIlpjnUHO-4c5hM-jbRL9_MthlK_RKsNzsXbibQGg

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SINGAPORE - A five-room Housing Board flat at Block 96A Henderson Road has changed hands for an all-time record of $1.4 million this month.

The 113 sq m flat, which sits between Redhill and Tiong Bahru MRT stations, smashed the previous high of $1,388,888 logged in March by a five-room unit at the Pinnacle@Duxton.

ERA property agents Gwen Ong and Clarence Long, who jointly closed the deal, told The Straits Times that they started intense marketing efforts for the unit at the start of this year, with an asking price of $1.45 million.

"It was very well received from the time we listed the unit. We definitely had more than 20 in-person viewings over three months and they were serious buyers," said Ms Ong.

Mr Long said they received more than five offers in total, with buyers coming in very closely before reaching the final price tag of $1.4 million.

The unit is located on the 41st floor of a 48-storey block and has 96 years and one month left on its lease.

The project - City Vue @ Henderson - is a Selective En bloc Redevelopment Scheme (Sers) replacement site in the mature estate of Bukit Merah designated for the Redhill Close Sers project in 2011.

1.4 mil... shake head..

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therock

therock

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On 5/20/2022 at 9:42 PM, 13177 said:

The buyer and seller really spoilt market. 😒

https://stackedhomes.com/editorial/record-breaking-1-4-million-hdb-costs-too-much-the-alternatives-may-not-be-any-better/?utm_source=facebook.com&utm_medium=social-share-page&utm_campaign=company_post&fbclid=IwAR0aWu3XMvWha5ANS2pCAxYQtJpBGGjTwNgxm9xNxp_l9DzjC_QUrwgVb1Y#gs.1giexh
 

it seems that the price is pretty good for the area…

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13177

13177

Supersonic
39 minutes ago, Wt_know said:

HDB should build more Mansionette ... [thumbsup] 

 

What is the reason why HDB stop building Mansionette ah?

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Kyrios

Kyrios

Turbocharged
(edited)

Question...if given 2 refinancing packages..one for fixed rate 2.7% for 2 years lock in versus another for 1.65% lock in for one year..which one is worth taking up?

Edited by Kyrios
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Stratovarius

Stratovarius

Turbocharged
On 6/6/2022 at 10:36 AM, 13177 said:

What is the reason why HDB stop building Mansionette ah?

coz no demand. No alot of people want to climb up and down.

20 minutes ago, Kyrios said:

Question...if given 2 refinancing packages..one for fixed rate 2.7% for 2 years lock in versus another for 1.65% lock in for one year..which one is worth taking up?

this quite tricky. i would take 2 years coz lazy to refinance every year. Some banks will have admin cost for refinance, so better check first. But 2.7 is quite high right? 

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13177

13177

Supersonic
17 minutes ago, Stratovarius said:

coz no demand. No alot of people want to climb up and down.

this quite tricky. i would take 2 years coz lazy to refinance every year. Some banks will have admin cost for refinance, so better check first. But 2.7 is quite high right? 

2.7 higher than hdb rate. 😅

No demand? Thought many people like to stay in two level house? You see those loft unit in dawson so popular. 

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Stratovarius

Stratovarius

Turbocharged
2 minutes ago, 13177 said:

2.7 higher than hdb rate. 😅

No demand? Thought many people like to stay in two level house? You see those loft unit in dawson so popular. 

Ya. Jumbo is getting more popular than mansionette. Those with young kids or elderly will not consider. My friend had a hard time selling his. 

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Mkl22

Mkl22

Twincharged
(edited)
1 hour ago, Stratovarius said:

Ya. Jumbo is getting more popular than mansionette. Those with young kids or elderly will not consider. My friend had a hard time selling his. 

have a friend who is a maisonette lover. die die must buy HDB maisonette as 1st place.

Edited by Mkl22
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Starry

Starry

Supercharged
(edited)

 

On 6/6/2022 at 9:56 AM, Wt_know said:

HDB should build more Mansionette ... [thumbsup] 

 

Did they remove the HDB living room windows to make an open air balcony?  

Edited by Starry
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