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MaCe

Why Build Flats When So Many Units Unsold?

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Just saw the units on Bi-monthly sale for Sector A. JW has lotsa exec flat, prices range from $280K - $310K... When HDB launches such units, ppl tend to apply if 4/5 rooms have been taken up, thus more loan.

Saw in my paper today on questions on why nowadays, HDB flats are so expensive & young couple might not be to afford. Not all couples have high income, even those with combined income >$8k, they are not able to buy HDB flats, have to turn to private housing.

I got my flat in Apr Bi-monthly sale for Yishun, 5 room 122 sqm for $198k, today i saw a unit just opposit my block, same floor, same sqm as me, selling $231k. Just 6 months, the value went up by $33k! Is HDB also following the propert market boom too?

 

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