HDB Flats --- Are they becoming less affordable?

[smurf]

punggol not cheap hor. also asking >30k cov for high floor unit.

[jedamum]

$1mil HDB...

http://www.asiaone.com/Business/My%2BMoney/Property/Story/A1Story20100305-202608.html

[autumnbronze]

jedamum:

$1mil HDB...

http://www.asiaone.com/Business/My%2BMoney/Property/Story/A1Story20100305-202608.html

Jedamum,

Thanks for the link ...

Whether pte or HDB, I will not pay 1M for a 99 yr old leasehold property.

JMOHO

[radiantmum]

ABSOLUTELY AGREE!

[tankee]

Neptune Court 99 yrs project, all units above $1m now.

[VitoRelax]

should we sell & rent now ?


later when price drop, we buy back !!

[tankee]

depends whether you are looking at long term or short term


and

whether you subscribe to the theory that the market will move down this year or continue to raise (but at a slower pace).

[corneyAmber]

Tycoon Li Ka Shing and Ng Teng Fong became rich by guts on property.....so sometimes you have to count on your guts... So take care of your guts.

[2ppaamm]

VitoRelax:

should we sell & rent now ?


later when price drop, we buy back !!

This kind of strategy scary or not? Can be suicidal leh. I have friends who never saw the light of day after selling 'high' because it keeps getting higher. Even if there is an initial drop, it is hard to catch during the dip.

[tutormum]

jedamum:

dunno where to post this, so i just tag along here.

any recommendations of where to get a good/durable sofa set that is not too ex? i heard that Ikea ones are not so lasting....

also, any 'brands' to recommend? so far, i only heard of cellini...

get the seahorse brand. Mine is cheap and good with changeable covers. costs about $400. I bought the storage bed too. cost about $500. The delivery man told me that it was so popular that he had to deliver at least 1 every day. I also heard from many friends that this brand is now highly recommended.