[GLGT]Bidadari resident chua hope his 4 yo son dun have to pay >$900k for a 3 rm hdb when he is older

[toolbox03]

https://www.asiaone.com/singapore/w...ir-3-room-flats-despite-potential-600k-profit


Bidadari resident Chua, a father to a four-year-old toddler, welcomes more efforts to ensure that public housing remains affordable for Singaporeans.

"I hope my son doesn't have to pay more than $900,000 for a three-room flat when he's older," he said.

Shafrudin said that record-breaking prices in the resale market are expected to continue, with more flats in estates such as Queenstown and Dawson reaching the minimum occupancy period.

"I believe we are on the path to see three-room units eventually surpass $1 million in these highly-coveted locations," he added. "If affordability remains an issue, the authorities may introduce cooling measures targeting the resale market."

 

[AndroidComa]

then ask him to sell at 300K lo dun be greedy

 

[mynickname]

Blah blah.

Always one sided with the prices no one talks about income and affordability or quality of life.

 

[pencil-leads]

when his 4yo son grow up it will be 2m for a 3-room HDB

 

[N4E.SI]

When want to sell, hope that prices go as high as possible
After selling & pocket the profits, will start to worry about the next gen and blame govt for not cooling the market

 

[focus1974]

https://www.asiaone.com/singapore/w...ir-3-room-flats-despite-potential-600k-profit


Bidadari resident Chua, a father to a four-year-old toddler, welcomes more efforts to ensure that public housing remains affordable for Singaporeans.

"I hope my son doesn't have to pay more than $900,000 for a three-room flat when he's older," he said.

Shafrudin said that record-breaking prices in the resale market are expected to continue, with more flats in estates such as Queenstown and Dawson reaching the minimum occupancy period.

"I believe we are on the path to see three-room units eventually surpass $1 million in these highly-coveted locations," he added. "If affordability remains an issue, the authorities may introduce cooling measures targeting the resale market."

crazy dude..

20 years later .... if the 3 room HDB BTO still cannot sell for $900,000 , then singapore really in deep. sh.t

 

[trevlim]

assets will appreciate so that citizens will be happy

 

[Water Bottle]

By the time he grows up, 3 room HDB might cost 1.5mi & above..

 

[samba fan]

buy 2 room lor

 

[toolbox03]

Guy is delulu

 

[Forever84]

https://www.asiaone.com/singapore/w...ir-3-room-flats-despite-potential-600k-profit


Bidadari resident Chua, a father to a four-year-old toddler, welcomes more efforts to ensure that public housing remains affordable for Singaporeans.

"I hope my son doesn't have to pay more than $900,000 for a three-room flat when he's older," he said.

Shafrudin said that record-breaking prices in the resale market are expected to continue, with more flats in estates such as Queenstown and Dawson reaching the minimum occupancy period.

"I believe we are on the path to see three-room units eventually surpass $1 million in these highly-coveted locations," he added. "If affordability remains an issue, the authorities may introduce cooling measures targeting the resale market."

20 years from now 1M will be smaller than most people realise

 

[Lchlch]

One sentence : everything will be very expensive and we have to rely on government for help.

 

[samferguson]

But Chua deep down wants to be able to sell his hdb bto lottery for 2 million and retire in JB ...

 

[1982-1994]

Speaking to local media in November 2024, Prime Minister Lawrence Wong said that cost of living, which includes housing prices, is a concern among Singaporeans that will be addressed in this year's Budget.

He cited several measures to address these worries, including the new Housing Board flat categorisation framework and increased subsidies for first-time public housing applicants.



Lai liao....incoming

 

[Orphan]

I have good news and bad news...

Good news is that since he is looking at a 20 year timespan, by the time his 4 year old kid is grown up and starts working, his pay will also be double of today's standard. Parent's HDB value will also go up to match.

Bad news is 3 room flats may indeed cost 900k. Construction workers, architects, admin staff all also hope to get yearly pay increment mah. Raw materials will also increase in cost due to inflation. So costs will sure go up.

 

[Duapui-ti]

Ya 2 room will be 1 million lo

buy 2 room lor

 

[Medicated Oil]

Make sure that the kid dun remain as sinkie and do something about it.

 

[Acetone]

Jurong got < 300k if he worried

 

[Capitalist]

then ask him to sell at 300K lo dun be greedy

Or he can uplorry, and his son can inherit.

 

[toolbox03]

buy 2 room lor

2 room already hitting close to $400k at sengkang now

20 years later will be what price?