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Thread: Record $1.33m for HUDC flat at Shunfu Road

  1. #1
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    Default Record HUDC price of 1.33m?

    顺福路一间双层楼中等入息公寓,上个月以133万元易手,再创新高。

    这个单位是位于顺福雅苑(Shunfu Ville)大牌316的中高楼层,面积达1660平方英尺。顺福雅苑共有358个单位。

    根据新加坡房地产交易网站SRX数据显示,这宗交易以133万元成交,刷新今年9月同样在顺福路创下的128万元纪录。

    不寻常的是,屋主没有收取半分钱的现金溢价,还以低于银行的138万元估价的价格出售。

    NO COV
    Ride at your own risk !!!

  2. #2
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    soon will be 1.5m...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  3. #3
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    Madness....

  4. #4
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    Quote Originally Posted by howgozit
    Madness....
    buyer dont think so...
    In the final analysis.....its NOT whether you have a diploma,degree,masters OR PHD....its whether you have a HDB/PC/EC or LANDED...

  5. #5
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    Kids education is priceless.
    Quote Originally Posted by howgozit
    Madness....

  6. #6
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    Quote Originally Posted by radha08
    buyer dont think so...
    They are mad

  7. #7
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    HUDC setting the pace for HDB.

  8. #8
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    Quote Originally Posted by kane
    HUDC setting the pace for HDB.
    Or is it the other way round???? Hahahaha

    The smart one can see the trend.... Hahahahahaha

    Some will be in denial... Hahahahahaha

    Some will act..... Hahahahahaha

    Some will procrastinate ...... Hahahahahaha

    The verdict will be known at the later time.... But the verdict is already out for those who took the following action 2 years ago :
    - those who bot
    - those who procrastinated
    - those who rented

    So 2 years from now, who will wind up on top???? I have no idea

    Why???? Someone said to me, cannot predict the future.... So I ain't predicting the future.... Hahahahahaha


  9. #9
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    chinese got a saying:

    da tie chen re




    increase more when the metal rod is hot
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

  10. #10
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    Quote Originally Posted by roly8
    chinese got a saying:

    da tie chen re




    increase more when the metal rod is hot
    Bro, u mean "strike while the iron is hot" ?



    Wa lau... I didn't strike leh... I only struck like 1-2 month ago... So am I suppose to strike some more???? Please advise leh????


  11. #11
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    Quote Originally Posted by chestnut
    Bro, u mean "strike while the iron is hot" ?



    Wa lau... I didn't strike leh... I only struck like 1-2 month ago... So am I suppose to strike some more???? Please advise leh????


    maybe singapore send out alot of marketing agents in china to get new sales..
    I took the road less traveled by, and that has made all the difference. - Robert Frost quotes (American poet, 1874-1963)

  12. #12
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    just curious, when one purchase a HUDC that's still under the process of privatisation, are u subject to the hdb rulings? i.e. 5years mop, cannot own any private property etc.?

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    Quote Originally Posted by price
    just curious, when one purchase a HUDC that's still under the process of privatisation, are u subject to the hdb rulings? i.e. 5years mop, cannot own any private property etc.?
    no
    checked before with HDB

  14. #14
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    Quote Originally Posted by Laguna
    no
    checked before with HDB
    thanks Laguna. that means a seller can sell his HUDC to foreigners while waiting for it to be privatised

  15. #15
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    willing buyer willing seller.....

    its all in the eye of he beholder....

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    EunosVille830 Sims Avenue #04-902 1,679

    $1,300k $774 Aug 24, 2012

    Tampines Court (collecting signature $1.5m)
    132 Tampines Street 11 #01-232 1,722

    $1,180k $685 Nov 5, 2012

  17. #17
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    Quote Originally Posted by Laguna
    EunosVille830 Sims Avenue #04-902 1,679





    $1,300k $774 Aug 24, 2012

    Tampines Court (collecting signature $1.5m)
    132 Tampines Street 11 #01-232 1,722





    $1,180k $685 Nov 5, 2012
    Both these are privatised HUDCs.
    Are they still considered HUDC or condo?
    Actually what is the difference between a privatised HUDC and a condo?

    And this Shunfu HUDC - has it been privatised fully yet?

  18. #18
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    Quote Originally Posted by buttercarp
    Both these are privatised HUDCs.
    Are they still considered HUDC or condo?
    Actually what is the difference between a privatised HUDC and a condo?

    And this Shunfu HUDC - has it been privatised fully yet?
    All these been privatised and it is now private and not truly condo as no facilities.

    Once the HUDC estate collected 75% and applied to HDB for privatisation, it is considered as privatised. The process takes about 1.-2 years to complete.

  19. #19
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    Quote Originally Posted by Laguna
    All these been privatised and it is now private and not truly condo as no facilities.

    Once the HUDC estate collected 75% and applied to HDB for privatisation, it is considered as privatised. The process takes about 1.-2 years to complete.
    I understand the process takes a couple of years but what does that actually mean? so during the period what's the status?? private or??

  20. #20
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    Quote Originally Posted by price
    I understand the process takes a couple of years but what does that actually mean? so during the period what's the status?? private or??
    private.
    u can sell to foreigner, and can rent out even without consent from HDB.

  21. #21
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    would foreigner pay $1.33M to stay in HDB?

    Quote Originally Posted by price
    thanks Laguna. that means a seller can sell his HUDC to foreigners while waiting for it to be privatised

  22. #22
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    Quote Originally Posted by wt_know
    would foreigner pay $1.33M to stay in HDB?
    HDB? i think u are confused

  23. #23
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    I think what he meant that it is only private in name. In terms of the build quality and design, it is still very HDB albeit an "atas" HDB.

    Quote Originally Posted by price
    HDB? i think u are confused

  24. #24
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    Most people think of foreigners as ang mohs.

    But there are also Malaysians (and increasingly Filipinos) that may be willing to pay that kind of price.

    Quote Originally Posted by wt_know
    would foreigner pay $1.33M to stay in HDB?

  25. #25
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    At $801psf, do you think buyer can still make a profit if the estate goes enbloc?

  26. #26
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    Quote Originally Posted by Kanarazu
    At $801psf, do you think buyer can still make a profit if the estate goes enbloc?
    Probably, if the condo nearby inflate till about $2000psf. Heh.

  27. #27
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    Quote Originally Posted by Kanarazu
    At $801psf, do you think buyer can still make a profit if the estate goes enbloc?

    Doubt they buy with profit in mind. more for stay. need big size want location and dont want to pay 3M. So to the buyer this is not profit they are looking at. looking at saving.

    Should say saving of 1.7M. For the same size and location. Some buyers dont need the added swimming pool or tennis court. 1.7M saving go join country club better.

    That the other view.

  28. #28
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    Join safra best. Cheap cheap and plenty of facility.

  29. #29
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    Quote Originally Posted by minority
    Doubt they buy with profit in mind. more for stay. need big size want location and dont want to pay 3M. So to the buyer this is not profit they are looking at. looking at saving.

    Should say saving of 1.7M. For the same size and location. Some buyers dont need the added swimming pool or tennis court. 1.7M saving go join country club better.

    That the other view.
    Yea agreed, not everyone buy into HUDCs for enbloc opportunities. There are plenty of privatised HUDCs around!

  30. #30
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    Quote Originally Posted by price
    Yea agreed, not everyone buy into HUDCs for enbloc opportunities. There are plenty of privatised HUDCs around!
    Beside gillman heights (interlace), any other hudc estates had successfully enbloc?

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