Record $1.28m for HUDC unit sold in Bishan

[BuiKia]

1 million is going to be the norm for HDB flat from now on? And Khaw say there is nothing to worry?

A new record has been set for an HUDC flat. The 1,680 sq ft maisonette along Shunfu Road was sold in July for $1.28million, topping last year's $1.22million sum for a 1,668 sq ft HUDC flat in the same area. This works out to about $762 per sq ft for the new record.

The sale was listed by data-crunching firm Singapore Real Estate Exchange (SRX), which collates sales by major property agencies. It accounts for about 85per cent of resale transactions.

Last Thursday, a Queenstown executive flat sold for $1 million, beating a record set by a Bishan executive maisonette when it sold for $980,000 a week earlier.

HUDC units have been attracting ever-larger bids due to their roomy interiors. The average HUDC flat is about 1,650 sq ft. A standard HDB five-room flat is smaller, at around 1,200 sq ft.

 

[zhihau]

<iframe width="420" height="315" src="http://www.youtube.com/embed/HtkL5Ldpk-g" frameborder="0" allowfullscreen></iframe>

na si wa wu jit ba barn...

 

[erection2015]

i have enough money to buy the front door

 

[johnny333]

If our homes are valued at a million plus but we are still paying for it. Does it make us millionaires

 

[zhihau]

If our homes are valued at a million plus but we are still paying for it. Does it make us millionaires

millionaires if you have the cash to pay in full, or a fool in debt of a million bucks: all for a pigeon hole which doesn't belong to you

 

[Narong Wongwan]

If our homes are valued at a million plus but we are still paying for it. Does it make us millionaires

It belongs to the bank/HDB....even when you fully paid up your loan it still does not belong to you.

HUDC might still be relatively cheaper going by psf as they are bigger in size....and sinkies like it as there is always chance of 'privatization'....in sinkies context is hit the jackpot.

 

[zhihau]

in sinkies context is hit the jackpot.

bro,
sell high, buy higher. simi jackpot pun bo... unless cash out to batam :p:p:p

 

[looneytan]

And Khaw say there is nothing to worry?

if you have money what is there to worry

 

[Narong Wongwan]

bro,
sell high, buy higher. simi jackpot pun bo... unless cash out to batam :p:p:p

50 years loan is here to help....leave you with cash to roll....downgrade to smaller flat for more cash to roll....pray that property prices keep rising and rising few years later repeat cycle again

 

[krangko]

At this current rate of escalation, what is the value of 1.28 mil to the seller?
Wait for en bloc......2.1 mil like Farrer Court
You can't buy back the same size and location with 1.28 mil.

 

[streetsmart73]

millionaires if you have the cash to pay in full, or a fool in debt of a million bucks: all for a pigeon hole which doesn't belong to you

hi there


1. bro, bingo!
2. public housing is 99-yr leashold item.
3. its owner is still hdb.
4. sheep still don't get it!
5. btw, i believe the buyer of such unit whose daddy is some chin from shanghai!
6. now, read my lips *^%##@@@

 

[erection2015]

i used to be a good lip reader when i was younger.....read lots of labias. These days due to lack of practice i have become illiterate.

6. now, read my lips *^%##@@@