Jeremy See: In the first 4 mths of 2024, a staggering 253 HDB flats were sold above $1 Million...68 units sold for more than $1M in April 2024 alone

[Sibeihaolian]

resale prices really jialat sia

Willing buyer willing seller lah. If there is no demand, seller put how high also no use… need to accord some blame on those who pay thru their nose… say if now the story is opposite, housing situation sibei jialat, value is lower than what person paid, what will be the complain?

 

[DragonFire]

Desmond Lee says that a small portion of the total transactions for the whole year. He thinks it’s ok.

Precisely this. Out of how many transactions would 250 odd amount to?

A bit over 1600 flats resale applications were made for 5 room and above units in Q1 2024. A total of 7000 odd resale applications were lodged across all flat types

250 is a relatively small number relative to the number of overall applications.

 

[lampano]

Pple who can are happy...pple who cant are sour af. Given them a chance to sell off 1m..they will reject mah,?

Got money can buy...no money hoe to have 1m transactions

Now new gen are earning 4-5k..not 2k

 

[nasfieldjohn]

Wash ah wash ah

 

[sgggid]

Sorry for being blunt. You know the intellectual of the masses when they question the obvious. CPF perhaps is the equation to the high HDB prices and reluctancy of the regime to rein it in..

High HDB price = more CPF lock up = …=…
Lease decayed = CPF bye bye

Thank you for your contribution on nation building.

Nothing will change with the sinkies pawn sinkies daft masses haha…

 

[curiosity_20]

To the foreigners buying HDB...for millions

Thanks for saving the real estate market.