Would you buy Pinnacle@Duxton at 800k

[phantom_opera]

Read paper, one 5r HDB at P@D selling at 800k 203 applicants

Would u buy?

Wonder what is the reason why still got balance units, force take over? Divorce? racial quota

[buttercarp]

Yes, if I qualify and if it is above 10 storeys.

[Khng8]

Read paper, one 5r HDB at P@D selling at 800k 203 applicants

Would u buy?

Wonder what is the reason why still got balance units, force take over? Divorce? racial quota

If you compare this to a 3 rm 40+ yr landed at Jln Bahagia, yes, it's a good buy.

[bakasa2002]

Yes, if I qualify and if it is above 10 storeys.

Sis, you will qualify if it's resale, just have to sell off your pte ppty.

[stl67]

Read paper, one 5r HDB at P@D selling at 800k 203 applicants

Would u buy?

Wonder what is the reason why still got balance units, force take over? Divorce? racial quota

i think got 1 unit was force take over a few months back. The owner tenant out.

[buttercarp]

Sis, you will qualify if it's resale, just have to sell off your pte ppty.

Oh, then no way.

[bakasa2002]

Yes, I would pay 800k for a unit at Pinnacle w good view.

[phantom_opera]

I must clap my hand if it is due to illegal sublet ... serve them right
sour grapes

[kane]

If true. The owner really damn stupid. Penny wise pound foolish.

[bigbertha]

Yes I will buy ... then can qualify to say "No SGD 3 million ... No Sell !!!"

[carbuncle]

at 800k purchase, no 5 mil no sell!

[focus]

i think got 1 unit was force take over a few months back. The owner tenant out.

Walau.. sublet rooms and locked masterroom also will get caught nowadays?? ... Looks like i'll have to stay in the masteroom of my EC and rent out the other rooms.

[buttercarp]

Walau.. sublet rooms and locked masterroom also will get caught nowadays?? ... Looks like i'll have to stay in the masteroom of my EC and rent out the other rooms.

Has your EC met the MOP?
If not then better don't take the risk.
Curious.... u mentioned u live near Katong.
Katong got EC ?

[carbuncle]

lurking... lurking.... ....

[irisng]

I don't think I'll buy, with this amt of money, I would rather buy private ppty.

[august]

i wouldnt. prefer marine parade or queenstown hdb.

[Allthepies]

this is a good unit, 40+ floor, face east, city view, unblocked, worth at least 1mil after 5years MOP, within 1km,..ha if i qualify sure buy

[taggy]

sure buy... after mop, not scare of no tenants

[phantom_opera]

Wow everybody so bullish, if this question posted in 2005, none will buy

M3 has more than doubled since 2005, no wonder

2005 Aug 221,005 m
2012 Aug 472,405 m

[buttercarp]

Wow everybody so bullish, if this question posted in 2005, none will buy

M3 has doubled since 2005, no wonder

But price at that time would be lower mah.
Maybe half of it?

[taggy]

Wow everybody so bullish, if this question posted in 2005, none will buy

M3 has doubled since 2005, no wonder

bullish after seeing your statue of liberty pic

[phantom_opera]

But price at that time would be lower mah.
Maybe half of it?

The Pinnacle@Duxton is a 50-storey public housing project that was first launched in May 2004. Some of the remaining flats were re-launched in September 2008 and 111 five-room units were put up for sale at around $545,000 to $645,800.

When it was first introduced in 2004, four-room units were worth $289,200 while most of the five-room units were offered for about $439,400.

=> so in 2004 was 4xxk, then in 2008 was 6xxk, now is close to 800k

[phantom_opera]

Guess who said this:

“From the 1980s, we moved towards a market-based system. By liberalising the resale market and allowing HDB prices to move in tandem with the economy, we unlocked the value of HDB flats to allow citizens to share in the fruits of the nation's growth. Home ownership of a HDB flat is a store of value that can be monetised when need be.”

[buttercarp]

Guess who said this:

“From the 1980s, we moved towards a market-based system. By liberalising the resale market and allowing HDB prices to move in tandem with the economy, we unlocked the value of HDB flats to allow citizens to share in the fruits of the nation's growth. Home ownership of a HDB flat is a store of value that can be monetised when need be.”

http://webcache.googleusercontent.com/search?q=cache:LLN364S-pRYJ:www.news.gov.sg/public/sgpc/en/media_releases/agencies/mica/speech/S-20091213-1.print.html%3FAuthKey%3D+From+the+1980s,+we+moved+towards+a+market-based+system.+By+liberalising+the+resale+market+and+allowing+HDB+prices+to+move+in+tandem+with+the+economy,+we+unlocked+the+value+of+HDB+flats+to+allow+citizens+to+share+in+the+fruits+of+the+nation's+growth.+Home+ownership+of+a+HDB+flat+is+a+store+of+value+that+can+be+monetised+when+need+be&cd=3&hl=en&ct=clnk&gl=sg

[sh]

Read paper, one 5r HDB at P@D selling at 800k 203 applicants

Would u buy?

Wonder what is the reason why still got balance units, force take over? Divorce? racial quota

203 applicants after 1 unit. 0.49% chance of getting it. IPO also not so hot! Like striking lottery..... you wan also don't have....

[radha08]

Sis, you will qualify if it's resale, just have to sell off your pte ppty.

ya but u got to compete with 200 other people who applying...easier to buy 4d..

[radha08]

Yes, if I qualify and if it is above 10 storeys.

then we can see u posing like this wahahaha...

[auroraborealis]

Yesss... If Queenstown old old hdb can sell $1mio
Just imagine Duxton's potential

[Ringo33]

just curious what will happen when this project is around 30 to 40 years old?
If goes under SERS where do you think HDB will relocate them?

[phantom_opera]

just curious what will happen when this project is around 30 to 40 years old?
If goes under SERS where do you think HDB will relocate them?

Pulao Tekong