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Thread: Mature estate HDB is the hottest !!!

  1. #1
    Join Date
    Feb 2011
    Posts
    8,926

    Default Mature estate HDB is the hottest !!!

    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

    Last edited by phantom_opera; 17-01-12 at 20:57.
    Ride at your own risk !!!

  2. #2
    Join Date
    Jan 2012
    Posts
    131

    Default

    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?

  3. #3
    Join Date
    Jan 2012
    Posts
    32

  4. #4
    Join Date
    Jan 2009
    Posts
    2,141

    Default

    Quote Originally Posted by Mr.Keh
    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?

  5. #5
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    10x?!

    so many first timers queue-rs not cleared yet?

  6. #6
    Join Date
    Aug 2011
    Posts
    1,516

    Default

    Quote Originally Posted by kane
    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

  7. #7
    Join Date
    Mar 2011
    Posts
    114

    Default

    Everybody wants to have the best, the newest and the cheapest!!!!!!!!!! That's why for the most efficient allocation of resources, we should base it on market price!!!!!!!!!!!!!!!

  8. #8
    Join Date
    Feb 2011
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    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
    Ride at your own risk !!!

  9. #9
    Join Date
    Jul 2009
    Posts
    7,482

    Default

    has applications close for this?

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