Apply HDB New Flat Income > $8,000, Can Appeal?

[winth]

We were shopping for 3/4 room flats at Holland initially and all were asking for COV at least $30k. And their valuation is on the high side. So need to fork out at least 400K for a 3 room hor… Thing is, it’s still selling like hotcakes.


My current tenant got her 3-room at Holland at 400+K, considered very cheap liao.

We can be on the way to view the house, and the agent can call me to say it is already sold after marketing for only 1 week.

[jedamum]

winth:

My current tenant got her 3-room at Holland at 400+K, considered very cheap liao.

$400k can get a 5rm at far end of CCK.....

[daisyt]

I just find all these prices of HDB ridiculous. How are our children able to afford a house in future ? I am wondering ..... :?


A 5rm at Woodlands, 3 mins walk to MRT, 10 years ago, bought at $285K, now is $380K or $400K. In 10 years, the prices go up by $95K to $115K. How does this happen ? :?

[winth]

daisyt:

I just find all these prices of HDB ridiculous. How are our children able to afford a house in future ? I am wondering ..... :?

Have you seen the private property prices? It was haywire.

Lush @ Holland was going at least 2.5 mil (good luck to them)
The condos @ Bukit Panjang (or is it Pasir Panjang? the one near to the cranes at PSA) is going at 2mil

When we went there in slippers and shorts (we had just ended our afternoon exploring all the outdoor playgrounds), the agent was looking at us like aliens. Inside, we saw lots of dressed up mummies and daddies with branded-shirt children who cast stares at us, it was like we stepped in some cocktail party being totally out in our dressing.

[titank]

Winth,


Private Property open house? Wow heard also haywire & seem so many rich people having lots of cash buy this units. I ever came across 1 seller asking me 70K cash above valuation. I think it is crazy. :!:

[titank]

daisyt:

I just find all these prices of HDB ridiculous. How are our children able to afford a house in future ? I am wondering ..... :?


A 5rm at Woodlands, 3 mins walk to MRT, 10 years ago, bought at $285K, now is $380K or $400K. In 10 years, the prices go up by $95K to $115K. How does this happen ? :?

Ya guess our children may not be able to buy the flat next time as the flat are all at rocket high price. Perhaps can ask them go stay in JB with landed property. Best freehold for life.

[jedamum]

titank:

daisyt:

I just find all these prices of HDB ridiculous. How are our children able to afford a house in future ? I am wondering ..... :?


A 5rm at Woodlands, 3 mins walk to MRT, 10 years ago, bought at $285K, now is $380K or $400K. In 10 years, the prices go up by $95K to $115K. How does this happen ? :?

Ya guess our children may not be able to buy the flat next time as the flat are all at rocket high price. Perhaps can ask them go stay in JB with landed property. Best freehold for life.

ask our children to quickly buy from HDB direct before their income hit 8k lor. if not, rich daddy mummy sponsor house lor.
best is live with mummy daddy...mwahahahaha....
10yrs ago, i was eligible to buy new flats at <$190k; could have profitted 100over k now if not for filial piety.
but guess i did benefit from other intangible benefits.

[jedamum]

sometimes the price is low cos the condition of flat is lousy, and if you add in the renovation cost, the price is almost there.

sometimes it is really a divorce case; i knew of someone who picked this type of gem; and now the unit can easily fetch 60k more after deducting the reno costs.
but if too cheap, also worry what's potentially wrong with the flat...(winth..engage your services? :evil:)
but then...the price and location your listed above is way out of my league.... :oops:

[buds]

jedamum:

ask our children to quickly buy from HDB direct before their income hit 8k lor. if not, rich daddy mummy sponsor house lor.

Mwahahahaha.... :lol:

jedamum:

best is live with mummy daddy...mwahahahaha...

Just hope by then, the DILs dun come into the IL problems thread
here in KSP to vent plak.. Mwahahahaha.... :lol: :lol:

jedamum:

10yrs ago, i was eligible to buy new flats at <$190k; could have profitted 100over k now if not for filial piety.

Me three!!! Mwahahahaha... :lol: :lol: :lol:

[jedamum]

buds:

Just hope by then, the DILs dun come into the IL problems thread
here in KSP to vent plak.. Mwahahahaha.... :lol: :lol:

next time is SBKSP*.com liao when our kids become parents.
Sibei Kiasu Parent