Redditer: Singaporeans who live in condo, seriously what is the benefit besides security and pool? As compared to HDB.

[True Believer]

Those who were from ACS have no choice but to stay in condos or landed just to keep up with appearances.

I don't suppose you understand the concept of investing in a private property in land scarce S'pore at all.

 

[VanDick]

Which condo? Asking for friend @Sustanon

I can give you a hint: its definitely not along Dunearn road.

 

[Balls2U]

I don't suppose you understand the concept of investing in a private property in land scarce S'pore at all.

What investment when the ABSD is 20% of the purchase price?

 

[Dongyi]

You message is very cryptic, you implying a very recently gained popularity forum member who will become more famous than the kind hearted lady.

You have a habit of co-opting my expressions of admiration for a conqueror of the coveted 5Cs to support your personal narrative against a highly successful son of Dunearn in this forum, repeatedly mischaracterizing my genuine praise as sarcasm.

However popular the son of Dunearn may be, he remains some distance from the lofty standard set by that kind lady who once adorned this forum with her unrivalled repertoire of Hokkien expletives, captivating fellow members with every flourish.​

 

[Narong Wongwan]

​

Singaporeans who live in condo, seriously what is the benefit besides security and pool? As compared to HDB.​

General

What makes a condo so much more expensive but people are still willing to get loans and pay for it?

Remember the ad tagline?
If you have to ask, you can’t afford it.

It’s like people asking why pay so much for a meal for an air ticket for a hotel room for a car etc etc there are tons of cheaper alternatives that get the job done in the same way maybe even in a better way.

 

[Narong Wongwan]

Security is over-rated. The security guard at my condo is always either sleeping or not around (Maybe in one of the room upstairs fucking some filipino maid).

It’s not overrated you can see the stats of break ins , crime etc but then again majority live in hdb so maybe the data is skewed but you can do a % comparison. I’m sure condo trumps hdb when it comes to safety

 

[rocket]

Boss Sam should bring back that delulu bitch so that this forum can be enlivened once more.

Yes. We miss her badly. Remember the days when I get pui for no reason.

 

[True Believer]

What investment when the ABSD is 20% of the purchase price?

If that condo is going to be your only home, the whole financial landscape changes completely. The 20% ABSD rate does not apply to S'poreans for a primary residence. The ABSD is to protect owner occupiers so it is explicitly targeted at SG citizens who buy their 2nd residential property. If you do not own any other residential property here or anywhere else, you do not need to pay ABSD. It is still a good investment as that condo acts as a hedge against inflation.

 

[rocket]

If that condo is going to be your only home, the whole financial landscape changes completely. The 20% ABSD rate does not apply to S'poreans for a primary residence. The ABSD is to protect owner occupiers so it is explicitly targeted at SG citizens who buy their 2nd residential property. If you do not own any other residential property here or anywhere else, you do not need to pay ABSD. It is still a good investment as that condo acts as a hedge against inflation.

Your Blossomvale any buyer recently? Lots of posting but no buyers.

 

[Tree]

Your Blossomvale any buyer recently? Lots of posting but no buyers.

Because of termites?

 

[duluxe]

You have a habit of co-opting my expressions of admiration for a conqueror of the coveted 5Cs to support your personal narrative against a highly successful son of Dunearn in this forum, repeatedly mischaracterizing my genuine praise as sarcasm.

However popular the son of Dunearn may be, he remains some distance from the lofty standard set by that kind lady who once adorned this forum with her unrivalled repertoire of Hokkien expletives, captivating fellow members with every flourish.​

I know you missed thw kind hearted lady very much! No worry, i am in the midst of grooming another successor to take over her role in this forum.

 

[duluxe]

Boss Sam should bring back that delulu bitch so that this forum can be enlivened once more.

The kind hearted lady already has a very good successor in this forum but not as famous as her yet. akan datang!