Some very rough estimates and pls correct me if I'm wrong.
Condos in woodlands area is about 750~850psf.
HDB in Woodlands area is about 350~400psf
S$350~400psf is about RM$875~1000psf.
Therefore to buy a unit in JB at >RM$1000 psf is quite risky.
Especially if it is for rental cash flows.
With Mr Khaw saying, HDB intend to lower new BTO prices.
The risk is even higher.
What do all of you think?? Please offer your opinions.
Thanks
BTO price is different from resale price. $1000 psf RM is okay if u like e location n for own stay. For investment it is riskier. Better to buy resale if target is for rental.