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Old 19-05-2019, 06:42 AM   #8
birmingham123
Senior Member
 
Join Date: Aug 2011
Posts: 2,155
EC will sell out if price at 1100psf unless there is alot of new EC launch in the future or government change policy again.

For people earning between 12k to 14k and want a brand new house, HDB bto is not an option as appeal is v tough for exceed ceiling one. EC price at 1100 psf still cheaper than private condos which cheapest is at 1300psf.. so even if I can afford condo, I will still go for EC if I am eligible to take advantage. Can either stay long term or sell for profit in future once EC become private condo etc. Keep options open.

All cost are rising, labour or material cost, maybe bto price will slowly go up too... Cannot expect EC price always keep at 800psf ba... Unless today government one shot release 20 EC site for sales

Last edited by birmingham123; 19-05-2019 at 06:44 AM..
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