A five-room flat along Boon Keng Road in Kallang was just sold for a record-high of $1.55 million

[trento]

Sorry. It just didn’t make sense. At that price, just top up abit go for private sua. Public housing at $1.55 mil is crazy.

Means private housing in that location psf is much higher

 

[Braun8]

Wah, more expensive than my 3 bedroom condo

 

[I want to be Your Canary]

Size, location, remaining lease, all stars aligned, no $2 million no talk please

 

[Sen Sen]

Who is that smart buyer?

 

[jeffprobst]

 

[lampano]

Kallang is the new atas estate to live in.
at least this place is worthy with its close proximity to town..really close
many food, free cat 100 concerts, mrt, interchange
in 10-15yrs, 5rm is rare liaos

shifting to kallang now!!


edit : i dont like boon keng. industrial area more to me

 

[I_m_limpeh]

Only good locations

All locations. If good locations can sell at very good prices, poor locations like in Jurong West or Changi can sell for 10-20% lower.

 

[lampano]

not crazy for rich ppl who had previously stayed in landed or condo lor

they finally realised that maintaining such high end lifestyle not sustainable, faster wanna lower they COL

the property tax for landed is killer already....

 

[huihong]

The first million dollar flat was iirc 6 years ago. I met the young guy who bought it. It was located at Holland Road.

At that time ppl said he was crazy. Lawrence wong talked about lease will eventually end and worth nothing. Everyone hurray and said he is the messiah coming to cool the market.

Take a good look at the present situation. Where got cool. Those bukit ho swee flats with less than 50 years left still holding their value well.

like that Berlayar after MOP can sell 2 mil

 

[TrollAndOgres]

My ex colleague damn heng got a bto in boon keng, location also good. Few mins walk to mrt exit, super convenient to commute to office in cbd, and iirc also got good pri sch nearby which the child managed to ballot in under proximity phase

 

[miko66]

better check source of funds

Precisely

Who in the right frame of mind willing to pay millions for public housing

Simply madness

Gahmen really slowly slowly "murdering" young Sinkies

Be slaves to mortgage for life

Just my tot

 

[Roundtreex]

That fly is funny as f

 

[d3n]

like that Berlayar after MOP can sell 2 mil

this place can only sell 1M cos the name so obiang

 

[ctstalin]

Private at that area for 5rm size... You are looking at minimum 3-3.5mil bro

top up "a bit"

lolol

 

[V-FORTY]

if its well renovated and move in condition.
i believe those down graders wont mind the few hundred k more

 

[Coless]

Sorry. It just didn’t make sense. At that price, just top up abit go for private sua. Public housing at $1.55 mil is crazy.

at that location and size, with a similar remaining lease, please tell me which private property requires only a small top‑up

 

[galaxynote]

might as well buy picadilly grand

 

[coolhead]

top up "a bit"

lolol

Good to give a reality check

 

[coolhead]

Kallang is the new atas estate to live in.
at least this place is worthy with its close proximity to town..really close
many food, free cat 100 concerts, mrt, interchange
in 10-15yrs, 5rm is rare liaos

shifting to kallang now!!


edit : i dont like boon keng. industrial area more to me

Kallang trivista is really one of the jskm to get. Still fresh 90 years lease for 5rm and no plh restriction. I will want to go there if I have the moolah.

 

[Firstclass1188]

All locations. If good locations can sell at very good prices, poor locations like in Jurong West or Changi can sell for 10-20% lower.

Means not huat, don't forget you have to factor in bank loan interest during your holding period, yes you may make some profits but not astronomical like those in town and the divergence in profits are growing between well located HDBs and those outlying HDBs exponentially.