At an average price of $1747 per square foot for a 99 year leasehold condo in Bishan area. Are Singaporeans stupid?
I think it's up to them.At an average price of $1747 per square foot for a 99 year leasehold condo in Bishan area. Are Singaporeans stupid?
Don't forget the 900k Bishan resale HDB flat.....
At an average price of $1747 per square foot for a 99 year leasehold condo in Bishan area. Are Singaporeans stupid?
Clearly the stupid people have more money than you are :bsmilie:
At an average price of $1747 per square foot for a 99 year leasehold condo in Bishan area. Are Singaporeans stupid?
The way I see it, pricing can only go higher.
Limited land, ever increasing population ..
At an average price of $1747 per square foot for a 99 year leasehold condo in Bishan area. Are Singaporeans stupid?
Crazy, over S$2million for a 1200sqft 99yr old apartment? Are those shoebox units again?
For the S$2M, I can buy a 7K sqft bungalow in KL by Sime Darby, brand new, FH, gated & guarded with swimming pool & 4-6carpark lots. This is considered high-end here! Or a beautiful sea-front FH apartment with 1800sqft+/- in the French Riviera.
Back to Singapore, we'll leave the hi-end aside as those are for foreigners to speculate & invest but heartland HDBs over 10yrs old @ $900K?! I wonder how much can they rent it out for? Not a wise investment IMHO.
I bought a 13yr old 99yr condo in the east last Dec, it has a hawker centre opp, cold storage & variety of shops while East Coast is less than 10mins away by car. 1604sqf for S$1million, comes with security & 2 carpark lots but no swimming pool etc which I don't need. MRT is less than 3km away & monthly maintenance of less than S$200 a month while rental is probably $4-5K. There are good buys out there, if you don't mind older units, non MRT & some are freehold, they can be found but wait for the opportunity.
As explained recently : MOS Tan Chuan Jin responds to blogger’s post gone viral - Yahoo! News Singapore
" .. for first time buyers, you will find a range of different sized flats in non-matured estates available, with subsidies, priced affordably for your respective income levels. "
Just have to have to set the right expectations I guess
I agree with you that some of the older condos even FH can be better value than some of the recent offerings.