Junkay 1 Report post Posted May 23, 2008 Why are the new flats in the recent launch priced like that? Isnt it a bit high to be paying 236k for a 4 room? Share this post Link to post Share on other sites
Starscream 0 Report post Posted May 23, 2008 For Easy Reference. Personally I feel there is hardly any "market price subsidy" at all from HDB.. Share this post Link to post Share on other sites
chronograph 0 Report post Posted May 23, 2008 Wow.... i felt the same, it is priced on the high side. Besides, i rather buy a normal standard flat, at least i don;t have to hack the "high grade" tiles if it is not of your liking and do up my house according to my theme. Any reference for standard flat pricing? So one can compare premium and standard to decide whether it is worth every cent. Share this post Link to post Share on other sites
Junkay 1 Report post Posted May 23, 2008 Its crazy isnt it? What do they mean by premium? Recently they were selling a repurchased 5 rm flat at bukit batok for 240k, matured estate and definately nearer to town, better schools (NJC,HCJC,RGS etc) roughly 12+ sqm. What kind of premium dictates a 100k difference? Mr Mah, you want to end up with a surplus of flats again huh? Share this post Link to post Share on other sites
TYM 0 Report post Posted May 23, 2008 What to do, HDB have this policy of pricing new flats to resale market prices. Resale market up, new HDB flat also up. But not sure if the reversal is true. Where I stay now, price difference btw when i bought my unit and another round of ballot launch for unsold units abt 1 yr+ later was like 50-60% higher. Share this post Link to post Share on other sites
Sam Lee Poh Huat 0 Report post Posted May 29, 2008 Its crazy isnt it? What do they mean by premium? Recently they were selling a repurchased 5 rm flat at bukit batok for 240k, matured estate and definately nearer to town, better schools (NJC,HCJC,RGS etc) roughly 12+ sqm. What kind of premium dictates a 100k difference? Mr Mah, you want to end up with a surplus of flats again huh? I doubt there wld b any surplus flats cos demand is still at a healthy rate, for now. Well, at times i m trying to look at things from HDB perspective at their policy on "selling price pegged with resale"; if pte developer is selling e.g $1000psf, howcome "we" r selling it $200psf at a central matured estate?. Some may argue that they r PUBLIC housing developer but who ever thought where the $$ comes from when they retrench n re-employ their staff back during their last privatised exercise? So ur guess is as gd as mine, its another sad singapore version cycle ->> the consumers. Just look at our govt annual report for public transport n housing.. . So this recent launch of BTO at Punggol n Sengkang is an example of keeping the "privatised" public developer afloat. They gonna ride on it n project for the next down wave rite? Back to my own perspective, i still pondering to apply for a 5rm or not. Assume even i earn a gross of $4K i can loan a quantum of abt 400k.. but paying a monthly $1.6k is no joke. In which i doubt it wld b affordable for some of us if the next downturn comes... Share this post Link to post Share on other sites
