[Video] - And you thought Sg's HDBs were bad

[UltimaOnline]

 

[bobby]

But got cost S$1.5m?

 

[Boonsiong]

expensive

 

[True Believer]

Novy Okkervil is located in Kudrovo, just outside St. Petersburg. While it is a single structured apartment complex, it is so massive it functions like its own self-contained town, housing an estimated 18,000 to 20,000 residents.

 

[True Believer]

Novy Okkervil contains 3,708 apartments, 35 separate entrances and 25 floors. The massive complex has everything a town requires like daycare centre, cafes, supermarkets, salons and a medical clinic.

 

[True Believer]

Novy Okkervil

 

[UltimaOnline]

 

[True Believer]

With so much land, why does Russia need to have such a massive apartment complex like Novy Okkervil. I thought only S'poreans and Hong Kongers have to live cheek by jowl like farm animals.

 

[GOD IS MY DOG]

With so much land, why does Russia need to have such a massive apartment complex like Novy Okkervil. I thought only S'poreans and Hong Kongers have to live cheek by jowl like farm animals.

should be very cold there...............so cut down on heating and traveling in the cold...............Alaska also got an entire town in one building........

 

[True Believer]

should be very cold there...............so cut down on heating and traveling in the cold...............Alaska also got an entire town in one building........

I watched a documentary that around 90% of the town of Whittier, Alaska, totalling 270 residents, live inside a 14-story building called the Begich Towers condo. This earned the isolated community the nickname of the "Town Under One Roof".

 

[True Believer]

The Begich Towers condo has a police station, supermarket, school, post office, church, laundromat, clinic, general store, govt offices etc.

 

[superpower]

No one said HDB flats were bad. They're very good. But please, don't tell the world that this is subsidized public housing when each flat can cost up to $1.5 mil. And Singaporeans drain their CPF - effectively our pension funds - servicing the mortgage loans for these flats.

 

[True Believer]

No one said HDB flats were bad. They're very good. But please, don't tell the world that this is subsidized public housing when each flat can cost up to $1.5 mil. And Singaporeans drain their CPF - effectively our pension funds - servicing the mortgage loans for these flats.

The govt maintains that HDB is subsidised public housing because of the BTO system. New BTO flats are priced by HDB at a discount relative to market value, supplemented by housing grants. However, million-dollar HDB flats are no longer anomalies. In the resale market, units in mature estates like Bukit Merah, Queenstown and Bishan frequently cross the million-dollar mark to as high as $1.7 million.