3 room flats still above 200k? wtf?

[xebay11]

when FT leave in mass, HDB price will crash.

no demand means too many flat for too little people

In Singapore HDB prices are artificially propped up with the fake valuations for resale flats and the high prices of new flats, only COV portion may crash. Don't see FT leaving enmass anytime soon. If PAP had their way the whole local population can actually be replaced by foreigners.

 

[hemunkeong]

Mr Mah is laughing.
With all this high resale price.
He can up the new built flats price too
Most people will never see the CPF money being cash out.

I wonder with salaries for lower incomer going at 800 - 1200 per mth
how does the poor and lower incomer ever going to afford the flat and
with more FT flooding the market - high end FT will push
the properties ever higher and low end FT taking up low salary
jobs. I see the poor dome, the middle incomer squeese and upper
incomer leaving, our millionaire MIW that knows no better. What kind of
Swiss living standard is this !

 

[CPTMiller]

There cannot be swiss living standard for everyone in Singapore.
What government promise is mainly for a group of individual.
This individual with high disposable income afford the swiss standard anytime.

I wonder with salaries for lower incomer going at 800 - 1200 per mth
how does the poor and lower incomer ever going to afford the flat and
with more FT flooding the market - high end FT will push
the properties ever higher and low end FT taking up low salary
jobs. I see the poor dome, the middle incomer squeese and upper
incomer leaving, our millionaire MIW that knows no better. What kind of
Swiss living standard is this !

 

[Blazars]

Coonsidering that sg flats are 99 years lease (rental). Doesnt the price is suppose to come down at the years pass?? A 3-rm flat in bukit batok shld worth abt $70k now. Taking into account that only 70+ years left on the lease.
!&!!