Property Views

[Ikid]

lee_yl:

Assuming a 99-yr HDB and 99-yr condo bought about the same time.


First 40 years, 99yr condo should appreciate faster than HDB. But after certain years, with a short remaining lease, the 99-yr condo prices will depreciate to zero. HDB will never depreciate to zero.

If both kena enbloc, then definitely the private will earn more.

Thanks for your reply

[Ikid]

starlight1968sg:

Ikid:

Can someone share your views, is it true private condo (99-years) will have a better capital gain as compared to a 99-year HDB flat?

Not sure if am answering your qn;
a 1st hand 5rm hdb flat bought in say late 1990s cost abt 200k, is probably worth 500k now. So the gain is > than 100%.
Can a private condo also gain such?

Thank you
So it sounds like is worth to keep the HDB afterall.

[ngl2010]

lee_yl:

Assuming a 99-yr HDB and 99-yr condo bought about the same time.


First 40 years, 99yr condo should appreciate faster than HDB. But after certain years, with a short remaining lease, the 99-yr condo prices will depreciate to zero. HDB will never depreciate to zero.

If both kena enbloc, then definitely the private will earn more.

Is there any 99-yr condo that is over 40 years at the moment? :scratchhead:

[limlim]

Ikid:

TheAnswer:

Now need to get approval.. Machiam HDB become my father.. Have to ask for permission.. Got permission liao then buy.. We got permission so buy lor..

May I ask why need HDB's approval when the MOP (ie. 5 years) is met?
Not automatic eligible? If HDB is fully paid and met MOP also need HDB's written approval?

If rent out unit need approval.

If buying private property, nothing to do with HDB if MOP met. Not sure why need approval.

[lee_yl]

ngl2010:

lee_yl:

Assuming a 99-yr HDB and 99-yr condo bought about the same time.


First 40 years, 99yr condo should appreciate faster than HDB. But after certain years, with a short remaining lease, the 99-yr condo prices will depreciate to zero. HDB will never depreciate to zero.

If both kena enbloc, then definitely the private will earn more.

Is there any 99-yr condo that is over 40 years at the moment? :scratchhead:

Those 99yrs private units coming to 40 years old we have Pearl Bank Apt (1976), Peace Mansion, etc. I believe those who bought these very early made tidy sums. Capital gain from 99yr condo or HDB, it is all about buying at the right timing.

[lee_yl]

http://sg2-cdn.pgimgs.com/listing/19172736/UPHO.55653108.V550.jpg\">


Just curious, how many of you would pay $1mil+ for tiny little 495sqft condo like this one. FH in D11(newton/novena).

The empty space you see is the dining/living hall. I just realise the fridge is missing.

[sleepy]

New or resale?

[lee_yl]

sleepy:

New or resale?

http://sg2-cdn.pgimgs.com/listing/19155212/UPHO.55475660.V550.jpg\">

New. Only got 1 room, this big. Not sure if can fit a queen bed.

[ngl2010]

lee_yl:

sleepy:

New or resale?

http://sg2-cdn.pgimgs.com/listing/19155212/UPHO.55475660.V550.jpg\">

New. Only got 1 room, this big. Not sure if can fit a queen bed.

What is the possible rental income?

[bb_ mom]

Rental yield plus long term capital gain…