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Boon Keng 40th Storey New Flat $520/psf

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Boon Keng new flat done by private developer selling at $520/psf.

Sp ex, 1st timer how to apply?

Ridiculous price.

 

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But a lot of people are rich enough to apply for it.

:rolleyes:

Boon Keng new flat done by private developer selling at $520/psf.

Sp ex, 1st timer how to apply?

 

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Must be cash-rich people.

Eg If that $727K 5-rm flat, they can pay $200K cash upfront, they would still be eligible for the loan of $527k mah. But paying thru their nose only lor...

BTW I thought income cap at $8k is for HDB loan right?

 

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Must be cash-rich people.

Eg If that $727K 5-rm flat, they can pay $200K cash upfront, they would still be eligible for the loan of $527k mah. But paying thru their nose only lor...

BTW I thought income cap at $8k is for HDB loan right?

Correct. The difference has to be paid in cash.

I would be stumped if any young couple who thinks this is a good investment. That means they have faith in the economy & they can earn $8K per month (& more) for the next 30 years plus cash to pay the diff.

Im beginning to wonder if most of us are incapacitated in financial management.

Cheers

 

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Correct. The difference has to be paid in cash.

I would be stumped if any young couple who thinks this is a good investment. That means they have faith in the economy & they can earn $8K per month (& more) for the next 30 years plus cash to pay the diff.

Im beginning to wonder if most of us are incapacitated in financial management.

Cheers

many such young couples around.....with/without this dbss issue.

many are topping up CASH for their mthly instalments of 30yrs.

they never think of what will happen if they are jobless for 1-2 mths.

 

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the price is unbelievable. the nw flat pricing is already so high le...dun think they will be able to sell off their flat higher than what they paying now lor. just hope that those buyers espcially the younger one..to think thru carefully before buying it.

 

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the price is unbelievable. the nw flat pricing is already so high le...dun think they will be able to sell off their flat higher than what they paying now lor. just hope that those buyers espcially the younger one..to think thru carefully before buying it.

presentation1yd3.jpg

 

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Think the property price may just continue to head north... cost of living increase, taxi fare increase, food price increase, petrol price increase, sand price also increase... everything increase.... HDB price how to reduce....??? :bangwall:

Edited by Brainstorm
 

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