Countdown to $2m HDB

[1982-1994]

In another 10yrs can see

5 years
Anyway, 5r at duxton was sold at $1m back in 2020, appreciated another $500k recently

 

[Heriophant]

5 years
Anyway, 5r at duxton was sold at $1m back in 2020, appreciated another $500k recently

Duxton special case.. Jin sakti location.

Might be first to reach 2mill

 

[1982-1994]

Duxton special case.. Jin sakti location.

Might be first to reach 2mill

Confirm first

 

[The_Davis]

Confirm first

Queenstown got fight lah

 

[pmetpmet]

When lao funker retires in a few years time, I will sell my landed and downgrade to a 4rm HDB (5rm need to wait). Perhaps I'll be the first to break that record

 

[Shion]

maybe next month...

 

[Perishable]

When the prime btos hit 10 year mop

wrong.

1. size - prime bto are so small, 84-87sqm, much smaller than the usual 90-94sqm 4 room flats. the biggest is only 4 room flat.
2. can only sell to people who are eligible for bto hdb, means the resale pool is damn small and people who have low income (less than 16k).

 

[Perishable]

When do you think we will hit $2m for HDB resale?

90 day?
180 day?
365 day?
Or sooner?

In about 8-10 years assuming a growth of 4% per year, based on those 5room flats which are transacting at 1.4-1.5m today.

 

[pmetpmet]

wrong.

1. size - prime bto are so small, 84-87sqm, much smaller than the usual 90-94sqm 4 room flats. the biggest is only 4 room flat.
2. can only sell to people who are eligible for bto hdb, means the resale pool is damn small and people who have low income (less than 16k).

Many BTOs before 2024 are located on prime land and have no such restrictions

 

[Perishable]

Many BTOs before 2024 are located on prime land and have no such restrictions

When people say Prime bto in HDB terms, it is referred to as PLH.

 

[buttbERry]

property still very huat

 

[The_Davis]

When people say Prime bto in HDB terms, it is referred to as PLH.

Let’s call them the OG prime, the new ones as Neo Prime

 

[1982-1994]

Transactions for the past couple of years of 4r flats at mature estate that are left with >89 years of lease, (even MacPherson spring) have crossed $1m

The most sought after like 4r at duxton (MOP 2010) already $1.4m
But by the 20th year (2030) the prices of these flats should be on the plateau
I'm guessing the highest should be at $1.9m by then

Example the 4r flats (MOP 2000) beside Mountbatten MRT hit up to $1m back in 2020? But you can get one 4r flat there at $800+k now

So by 2036, I guess prices of 4r at duxton would fall to $1.6m
Then keen buyers like those born after year 2000 might as well wait for another year to consider the first PLH to MOP at rochor that would be left with 89 years of lease

Bumped after a year

Sorry I meant TOP for duxton and Mountbatten flats

So to answer in my opinion,

5r flat at pinnacle@duxton can hit $2m in 2030

Dawson just hit $1.8m for it's 5R flat
Means 5R at PD can hit $2m anytime

 

[The_Davis]

When do you think we will hit $2m for HDB resale?

90 day?
180 day?
365 day?
Or sooner?

Seems like 365 days not enough. Maybe another 365 days?

 

[NintendoSwitch]

When do you think we will hit $2m for HDB resale?

90 day?
180 day?
365 day?
Or sooner?

Sooner!

 

[archie7]

Oredi had million dollars water features at Tengah...

 

[NintendoSwitch]

i think next time my kids will rent house as no money to get 99 years leasehold

That's the aim. To becum a nation of tenants. Perhaps by then it will switch to hiring a mercenary army to sweeten the deal for daft voters.

 

[IAmChiobu12M]

Wow looking to 3rm selling at 2m!!! Which is highly possible.

 

[econ food]

@MoeLanYong .. asking.. why last time no buy condo in 1990s
Last time u sell pc sale got lot of income right..
.. if use these money buy condo in 1990s sell this year earn more .

 

[econ food]

Wow looking to 3rm selling at 2m!!! Which is highly possible.

Chu wan to ask. Then income how high to get loan?