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View Full Version : Mature estate HDB is the hottest !!!


phantom_opera
17-01-12, 20:51
Tampines
Tampines GreenTerrace
(Standard Contract)
4-room 90sqm
196 units
2725 applicantions
10.3 for 1st timers
89.0 for 2nd timers

$292,000 - $353,000


Chance of getting a HDB near the future Tampines West DLT3 MRT is 1/10 for first timer and 1/89 for 2nd timer

Khaw keeps saying demand has dropped ... demand only drops for ulu location HDB, still extremely strong for mature estate HDB :D

http://www.h88.com.sg/images/content/2012-01-13/Tampines_GreenTerrace.jpg
Mr.Keh
17-01-12, 21:18
Pricing of 300k for 4room in mature estate seems cheap in today's mkt. Maybe that's why it's so hot.

I just can't understand why young people today are rushing in to buy hdb at sky high prices. just look at the trevelis @ clementi... 4 room @ 500k+ still selling like hot cakes. How much do they have to sell in future to see capital gains? Perhaps 888k for 4room?
Rezo
17-01-12, 21:26
The fear of losing money causing people purchase houses when the price is going up!!!
Allthepies
17-01-12, 22:08
Pricing of 300k for 4room in mature estate seems cheap in today's mkt. Maybe that's why it's so hot.

I just can't understand why young people today are rushing in to buy hdb at sky high prices. just look at the trevelis @ clementi... 4 room @ 500k+ still selling like hot cakes. How much do they have to sell in future to see capital gains? Perhaps 888k for 4room?

becos jalan lempeng, a slightly inferior land, is gg to be double the psf? :D
kane
17-01-12, 23:39
10x?!

so many first timers queue-rs not cleared yet?
Rosy
17-01-12, 23:42
10x?!

so many first timers queue-rs not cleared yet?
TS oredi explained.

Launch a bto next to tanjong pagar mrt will probably receive 100x
Fisherman
18-01-12, 09:55
Everybody wants to have the best, the newest and the cheapest!!!!!!!!!!:D That's why for the most efficient allocation of resources, we should base it on market price!!!!!!!!!!!!!!!:tongue3:
phantom_opera
18-01-12, 09:56
Mature estate is always in high demand as today's education system will pressure you to stay near parents (unless housewife at home), wont be surprised most 1st time applicants are those aiming to stay near parents

HDB should change their policy, IMO, they should build MMs in mature estates i.e. all 3r HDB flats (with 2brs), allow 8k income to buy 3r HDB flats but reduce the subsidy accordingly

It is a mistake to still build 4r/5r HDBs in mature estates, instead of building 300 4r HDBs, just build 500 3r HDBs, then can meet more demand
kane
18-01-12, 20:15
has applications close for this?