Originally Posted by
Amber Woods
So 13.3% of all private flat buyer with HDB address bought units less than 500 sqft. In another word, 86.7% of the buyer with HDB addresses bought private flats more than 500 sq ft. Are these buyers consider upgraders? I believe majority of the 13,3% of buyers were singles buying for own stay.
I also believe the pattern is quite the same for buyers with private flat addresses. However, majority of these buyers should be investors since newer private flats are mostly much smaller than older private flats.
In another word, the report is saying that buyer with HDB addresses buying for investment is not significant.
For me, I don't believe this MM things... usually it gives me a funny feel about its real potential...Especially now realize the group who is buying.
Hope the HBD common folks are not buying blindly because these are the cheaper and affordable ones.
With the rental dropping, the bigger units(2 bedders or bigger ones) may appear a better bargain to tenant later on… If the rental is not expensive afterall, why living in a small small house...just some concerns.. Still this seem debateable topic.
A bottle of Lafite '82 for all my coffeeshop friends yesterday...many don't know what is it....haha...