What is the future of HDB prices? I have a situation.

[wildfaye29]

Hi gurus, i would like to seek advise on future hdb prices and whether i shld sell my hdb.

Currently hav a 4rm flat @ SK @ buangkok, close to 5yr MOP, on 30yr loan, can fully redeem via CPF at anytime. Purchase @ 180K, can sell for at least 600K now.

Was intending to move in with parents and rent out the hdb, easily 2.5K per mth, 30k per annum. Life-long passive income. And a HDB to fall back on for retirement.

However, gut feel also tells me that hdb will not appreciate any much further beyond say 800K in short, mid and even long term. Meaning my capital appreciation is capped.

Since we have alternative accommodation, we wanted to cash out, buy a OCR 2bdrm condo, approx 800K. We can pay initial 15% CPF and 5% cash and loan the remainder for 30yrs and settle monthly mortgage via CPF in full mthly. Rental from this will be approx 3K per mth, 48K per annum. This 'may' appreciate further compared to the hdb. We may cash out if the capital appreciation is good in short to mid term and reinvest, if possible.

Any comments and advise appreciated. Thank you everyone in advance!

[newbie11]

4rm 600k????

[Rosy]

4rm 600k????

Should be 500k?

[Rosy]

Ocr properties seemingly peaked as well.

Cannot buy back hdb once sold.

[Allthepies]

OCR 2bedder @ 800K? Non-investment grade?

[wildfaye29]

Yes, 600K and still climbing, its the hottest area in SK.

Yes, we also know once sell hdb cant buy back. This is the main reason holding us back.

800K OCR 2bdrm is for D18.

Feasible?

[Shanhz]

old man say dun sell your HDB

[Mr.Keh]

If u can, why not keep the hdb and buy a condo at the same time. 2 source of rental income.

[roly8]

If u can, why not keep the hdb and buy a condo at the same time. 2 source of rental income.

second this..

more passive income ,if possible

[leesg123]

If u can, why not keep the hdb and buy a condo at the same time. 2 source of rental income.

This will be clamped down pretty soon, better do it fast.

[ichigo55]

Buangkok HDB 4A selling $600k??!! what kind of logic is that?

Best is still to keep the hdb while buy another house ... till they decide to close the loop

[yowetan]

Hi..I am happy to learn the 600k sgd valuation. I think my 5 room Tiong Bahru HDB will fetch me 1mil SGD then.

[GForce]

* Flat Type : 4 Room
* HDB Town : Sengkang
* Block No. : 275* To 277
* Resale Approval Date : Nov 2012 To Dec 2012
* Total number of records found = 9 New Enquiry** Printer Friendly** Save to PDF
Block /
Nearby
Amenities
Street Name
Storey
Floor Area (sqm) /
Flat Model
Lease
Commence
**Date
Resale
**Price
Resale
Approval
**Date
275A *Compassvale Link 11 to 15 90.00
Premium Apartment 2009 $637,000.00 Nov 2012
275A *Compassvale Link 01 to 05 90.00
Premium Apartment 2009 $585,000.00 Nov 2012
275A *Compassvale Link 01 to 05 90.00
Premium Apartment 2009 $570,000.00 Nov 2012
275D *Compassvale Link 06 to 10 92.00
Premium Apartment 2009 $605,000.00 Nov 2012
275D *Compassvale Link 01 to 05 90.00
Premium Apartment 2009 $563,000.00 Nov 2012
275A *Compassvale Link 01 to 05 90.00
Premium Apartment 2009 $572,000.00 Dec 2012
275B *Compassvale Link 06 to 10 90.00
Premium Apartment 2009 $605,000.00 Dec 2012
275B *Compassvale Link 06 to 10 92.00
Premium Apartment 2009 $590,000.00 Dec 2012
275D *Compassvale Link 01 to 05 90.00
Premium Apartment 2009 $570,000.00 Dec 2012

[Lovelle]

By then mt sinai will b 3 milll

[GForce]

All the above 4 rm HDB has buangkok mrt just downstairs of course can command $600k!

MRT is the new HOT HOT HOT!!!

[roly8]

This will be clamped down pretty soon, better do it fast.

care to share what 'might' come soon?

[GForce]

To the TS, u can never ever buy back yr 4RM HDB at yr price, keep it n be patient. Save up yr bullets n buy a PC.

[ysyap]

Yes, 600K and still climbing, its the hottest area in SK.

Yes, we also know once sell hdb cant buy back. This is the main reason holding us back.

800K OCR 2bdrm is for D18.

Feasible?

Can buy back... just sell all private properties and wait couple of months and then enter to buy HDB again... but much higher price lor. Then again what property price will not rise over years (minus recession)?

Why not sell and switch to EC? Its the next in thing now coz PC in OCR are also very saturated...

[lajia]

i also surprise some clown buying @ 600k in Sengkang. I think can buy queentown leh...

if really 600k+ hdb @ sengkang, maituliao, confirm go buy those 3bedder condo at 800k+ if still available.

[GForce]

* Flat Type : 4 Room
* Street Name : Tanglin Halt Rd
* Resale Approval Date : Oct 2012 To Dec 2012
* Total number of records found = 15 New Enquiry** Printer Friendly** Save to PDF
HDB Town
Block /
Nearby
Amenities
Storey
Floor Area (sqm) /
Flat Model
Lease
Commence
**Date
Resale
**Price
Resale
Approval
**Date
*Queenstown 89 26 to 30 90.00
Model A 2008 $734,000.00 Dec 2012
*Queenstown 91 36 to 40 90.00
Model A 2008 $790,000.00 Dec 2012
*Queenstown 91 06 to 10 90.00
Model A 2008 $730,000.00 Dec 2012

[GForce]

i also surprise some clown buying @ 600k in Sengkang. I think can buy queentown leh...

if really 600k+ hdb @ sengkang, maituliao, confirm go buy those 3bedder condo at 800k+ if still available.

Queenstown 4 RM HDB alrdy 700k+, agree 3bedder OCR condo at 800k+ looks really cheap cheap!
But the Golden Rule is must buy within one's mean lah!

[radha08]

radha08 says.....a child is a gift from god...hdb flat is a gift from the spore govt...

[lajia]

181 Stirling Rd 01 to 05 96.00
Model A 2000 $635,000.00 Nov 2012

59 Strathmore Ave 06 to 10 96.00
Model A 2000 $675,000.00 Nov 2012

160 Mei Ling St 11 to 15 85.00
Improved 1970 $585,000.00 Oct 2012

168A Queensway 11 to 15 84.00
Improved 1974 $472,000.00 Oct 2012

168A Queensway 11 to 15 84.00
Improved 1974 $450,000.00 Oct 2012

i also surprise some clown buying @ 600k in Sengkang. I think can buy queentown leh...

if really 600k+ hdb @ sengkang, maituliao, confirm go buy those 3bedder condo at 800k+ if still available.

[radha08]

blk XXX bedok south 4rm...666K...Jan 2018....wahahahah

[star]

4rm HDB for $600k in sengkang?? Private condo seems to be undervalued... They should remove some of the cooling measures for pc.

[kane]

those were the first batch of BTO. super cheap and now the owners super huat.

[buttercarp]

i also surprise some clown buying @ 600k in Sengkang. I think can buy queentown leh...

if really 600k+ hdb @ sengkang, maituliao, confirm go buy those 3bedder condo at 800k+ if still available.

600K.... got people advertise $610k already.

http://www.propertyguru.com.sg/listi...-link-12917734

[kane]

600K.... got people advertise $610k already.

http://www.propertyguru.com.sg/listi...-link-12917734

that area going for about $500+k. maybe occasionally some buyer may be convinced to pay more for the new renovations.

[Allthepies]

Yes, 600K and still climbing, its the hottest area in SK.

Yes, we also know once sell hdb cant buy back. This is the main reason holding us back.

800K OCR 2bdrm is for D18.

Feasible?

U sell HDB now and buy condo now is as good as sell high buy high, not much incentive to do that

[Ringo33]

Hi gurus, i would like to seek advise on future hdb prices and whether i shld sell my hdb.

Currently hav a 4rm flat @ SK @ buangkok, close to 5yr MOP, on 30yr loan, can fully redeem via CPF at anytime. Purchase @ 180K, can sell for at least 600K now.

Was intending to move in with parents and rent out the hdb, easily 2.5K per mth, 30k per annum. Life-long passive income. And a HDB to fall back on for retirement.

However, gut feel also tells me that hdb will not appreciate any much further beyond say 800K in short, mid and even long term. Meaning my capital appreciation is capped.

Since we have alternative accommodation, we wanted to cash out, buy a OCR 2bdrm condo, approx 800K. We can pay initial 15% CPF and 5% cash and loan the remainder for 30yrs and settle monthly mortgage via CPF in full mthly. Rental from this will be approx 3K per mth, 48K per annum. This 'may' appreciate further compared to the hdb. We may cash out if the capital appreciation is good in short to mid term and reinvest, if possible.

Any comments and advise appreciated. Thank you everyone in advance!

what you are suggesting here is not investment, it is basically "downsize- upgrading" ie. from a 4br HDB to a 2br private condo.

If you are serious about making money from property, then you should fully pay up your HDB loan and then use your saving to buy your 2nd investment property.

Be patience, there are still many opportunity ahead plus remember this. HDB is as good as freehold, so keep it.