HDB is cheap

[Pukunara]

$1mil hdb flat is cheap lar.

Yes very cheap. Try buy a condo for the same size in the same area.

 

[Pukunara]

I agreed ...

1) HDB BTOs are still affordable. You got lots of locations and sizes to choose and ballot, so choose the one according to your budget.

2) HDB Resale maybe not affordable in some configuration and area , this one I agree too.


So .. I think we should not lump HDB BTOs and HDB Resales together.

BTOs really is very affordable. Govt already gave 1st time home owner a good chance to buy one to stay. (maybe should let 35yr old single have a bite at 3room BTO also but should always prioritize the family unit .hehe.. )

if you cannot afford to upgrade or shift to another location, don't do it.

You can try ballot for another BTO .. if you die die want to relocate.

I think the govt has done its job as long as BTO are affordables and to provide roof over your head.

Anything after that is really up to your ability/capability.

Agree with your points. Appreciate your time to write this.

 

[jinsadndepress]

Then why single at 35 got 7 k income ceiling ?

This kind of peepur go where find cheap house ? Johor ?

 

[hachi]

I agreed ...

1) HDB BTOs are still affordable. You got lots of locations and sizes to choose and ballot, so choose the one according to your budget.

2) HDB Resale maybe not affordable in some configuration and area , this one I agree too.


So .. I think we should not lump HDB BTOs and HDB Resales together.

BTOs really is very affordable. Govt already gave 1st time home owner a good chance to buy one to stay. (maybe should let 35yr old single have a bite at 3room BTO also but should always prioritize the family unit .hehe.. )

if you cannot afford to upgrade or shift to another location, don't do it.

You can try ballot for another BTO .. if you die die want to relocate.

I think the govt has done its job as long as BTO are affordables and to provide roof over your head.

Anything after that is really up to your ability/capability.

Concur this, there should be a right size and location depending on your budget and not bringing resale into the pic. Like i always said, cheaper BTOs no one wanted it. Any first timer will get it.

 

[Pukunara]

HDB is still very cheap

 

[hachi]

BTO still very affordable...
When I got my first bto in 2010, 230k 4 rm bto with 2.3k single income.... 30k grant. Around 200k.

Currently cheapest 4 rm bto 316k, with the above pay... 105k grant.. Around 211k.

Most likely half paid when collecting keys... Every month $500 plus for 25y..
Expensive? By choice? Or?

 

[RandomPancake]

https://www.straitstimes.com/singap...n-affordable-for-all-singaporeans-desmond-lee

Doesn’t really matter for moi already, bought hdb at the high, if he manage to lower the price of hdb, my housing loan also won’t become lesser.

Didn’t really had the luxury to drag 10 years waiting for govt to “maybe” bring the price down

 

[sanukboy]

That's utter Rubbish...
How can it be cheaper than a Sinkie's life...

 

[Pukunara]

BTO still very affordable...
When I got my first bto in 2010, 230k 4 rm bto with 2.3k single income.... 30k grant. Around 200k.

Currently cheapest 4 rm bto 316k, with the above pay... 105k grant.. Around 211k.

Most likely half paid when collecting keys... Every month $500 plus for 25y..
Expensive? By choice? Or?

Yes. Very cheap. There's always a choice but people only focus on the expensive ones..

 

[Pukunara]

That's utter Rubbish...
How can it be cheaper than a Sinkie's life...

HDB is very cheap.

 

[pohw0008]

BTO still very affordable...
When I got my first bto in 2010, 230k 4 rm bto with 2.3k single income.... 30k grant. Around 200k.

Currently cheapest 4 rm bto 316k, with the above pay... 105k grant.. Around 211k.

Most likely half paid when collecting keys... Every month $500 plus for 25y..
Expensive? By choice? Or?

Like that not fair comparison.. you expect people to survive on $2.3k now as compare to 2010??

Now should be earning $4k if you earn $2.3k in 2010.. so grant should be $70k.. around $246k... At least $900 per month loan of $200k for 25 years..

 

[otakuflick]

BTO still very affordable...
When I got my first bto in 2010, 230k 4 rm bto with 2.3k single income.... 30k grant. Around 200k.

Currently cheapest 4 rm bto 316k, with the above pay... 105k grant.. Around 211k.

Most likely half paid when collecting keys... Every month $500 plus for 25y..
Expensive? By choice? Or?

you never compare apple to apple leh.

hehehe

40 storey vs 20 storey

matured vs ulu

like which 4m BTO is the 316k? 105k grant????

 

[otakuflick]

Yes very cheap. Try buy a condo for the same size in the same area.

cheap **, the materials used 20k, labor 50k.

sale price 1 million

when you put up a loan, that's 1.7 million over 20 years

 

[Asy1um]

Yes it is cheap, only need one lifetime to pay

 

[kage]

Yes. Very cheap. There's always a choice but people only focus on the expensive ones..

They want the best locations, next to mrt station and highest floor .... how to find cheap?? ....

 

[hachi]

you never compare apple to apple leh.

hehehe

40 storey vs 20 storey

matured vs ulu

like which 4m BTO is the 316k? 105k grant????

I always quote the cheapest, should be level 2.. So yes apple to apple... I don't quote 1.5 mil resale to a 300k bto...

 

[hachi]

Yes it is cheap, only need one lifetime to pay

You sure is not by choice? I observe many are by choice...

 

[hachi]

They want the best locations, next to mrt station and highest floor .... how to find cheap?? ....

I don't know... Can always hope....

 

[idolcritic]

May kenna voted out lo
If west siders got balls

 

[hachi]

Like that not fair comparison.. you expect people to survive on $2.3k now as compare to 2010??

Now should be earning $4k if you earn $2.3k in 2010.. so grant should be $70k.. around $246k... At least $900 per month loan of $200k for 25 years..

Why $900 a month... The moment you apply.... You jobless? Within the 3-4y period can save quite a lot. With the grant... At least half paid...