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Articles tagged with: public housing

Headline, knowledge is strength, real estate investment »

[3 May 2010 | One Comment | ]
Why you should buy a HDB?

I have to admit it is always tough to have an impartial and unbiased stand in your profession when it comes close to conflict with your business. It is similar to asking a barber do you need a haircut.
I had once literally turned away a deal because I advised my clients to choose a new HDB flat rather than buying a new condominium unit. It was after long discussion with them on their financial planning and practicality of their lifestyle that we realized buying a private residential unit may not be …

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[16 Apr 2010 | No Comment | ]
HDB flat upgraders making up 44% of private residential sales

HDB flat upgraders are making up 44% of private residential sales in March. This figure is considered very high considering the figure is only 33 to 34% in Jan & Feb, and even lower in the previous years.
Just take a look at the commentary in bold on the high percentage of HDB buyers in the appended article. Many HDB upgraders are rushing into the private property market thinking that they might miss the boat if they wait for longer. The fear of missing the boat is somehow amplified with the ever increase …

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[26 Mar 2010 | No Comment | ]
How to measure housing affordability in Singapore?

Yet another record breaking HDB flat from Bras Basah sold at $650,000 or a record smashing $736psf. This jaw dropping price was set by a Taiwance PR couple who purchased a HDB flat left with 70 year lease. On the other hand, the Government is stepping out strongly to maintain the stand that the public housing is still affordable, based on their own sets of parameter.
Let’s take a look at these 2 articles brilliantly dissecting the topic on housing affordability in Singapore:
The TRUTH about Housing affordability in Singapore….. By Diary of …

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[16 Jan 2010 | No Comment | ]
Record breaking prices of HDB resale? Blame it on the valuation system

Another record breaking news for HDB resale making the headline: A two-room flat in Chinatown was sold for $245k, creating a new record for the re-sale price of HDB two-room flats.

Just few months back, we had a couple of Indonesian PR forking out $653k to purchase a 4 room flat of 969 sf at Strathmore Avenue, making it a deal of $674 psf. It may be true that now and then there will be individual cases buying at record breaking price due to personal preference & decision. And this may …

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[17 Dec 2009 | 2 Comments | ]
HDB getting out of its box

The new build-to-order HDB projects at Dawson, SkyVille & Sky Terrace have drifted from the conventional framework of the public housing. Indeed, they appear so exciting and contemporary that one tend to refer it as private condominium projects.

During the building nation, provision of shelter as social concern was the top priority under the authority’s aim. Policies were formulated and implemented in line with the public housing provision, as to provide the people with a basic shelter. With the progressive economic development of the nation, there are shifts in the policy …

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