March BTO 2012

tmengyew

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i don't think will be so high.. the recent sales of balance flats in ghim moh (near clementi, but slightly closer to central was 500-600k for 4room, with negligible waiting time. and clementi shouldn't be THAT much difference from the other BTOs even tho it is the "more east of the west"

The recent enblock at redhill move to Henderson pricing very exp

4 rm (80sqm) - 400K to 510K
4rm (92 sqm) - 493k to 613K

Small & expensive.
 

F3Rm1nat0r

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The recent enblock at redhill move to Henderson pricing very exp

4 rm (80sqm) - 400K to 510K
4rm (92 sqm) - 493k to 613K

Small & expensive.
this is resale or what?
i tot SERS, no need to topup or need to topup very little only?
 

lampano

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The recent enblock at redhill move to Henderson pricing very exp

4 rm (80sqm) - 400K to 510K
4rm (92 sqm) - 493k to 613K

Small & expensive.
u never mentioned for 5rm that, it is up to 720k +++. :s13:
 

F3Rm1nat0r

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Bukit Panjang seems good. Price should be low too compared to the rest. Any opinions people?
since the new bukit panjang mrt for downtown line is coming up, it will be a good option for the price (prices should go up significantly after that)
 

tmengyew

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u never mentioned for 5rm that, it is up to 720k +++. :s13:

Was wondering , is it worth to buy at this high price not to mention 5 rm flat at crazy price.
Would u go for a 80sqm or 90sqm (as the diff between 80 & 90sqm is 93K base on the lowest pricing.)?

Location
It is between 2 mrt redhill & tiong bahru. Take 12min walk to Tiong bahru mrt & 16min walk to redhill mrt. To wet market & hawker center is about 4 min walk. Near by school Gan Eng Seng Primary and secondary school. To Tiong Bahru park 3min walk. To orchard and General Hospital also within 20min by bus.
 
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HunterXtreme

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The recent enblock at redhill move to Henderson pricing very exp

4 rm (80sqm) - 400K to 510K
4rm (92 sqm) - 493k to 613K

Small & expensive.

why is redhill so expensive?
my friend bought duxton at tanjong pagar 2yrs ago
4rm around $480k...
I think those who gotten the duxton BTO at 2xx-3xxk must be damn lucky
 

lampano

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Was wondering , is it worth to buy at this high price not to mention 5 rm flat at crazy price.
Would u go for a 80sqm or 90sqm (as the diff between 80 & 90sqm is 93K base on the lowest pricing.)?

Location
It is between 2 mrt redhill & tiong bahru. Take 12min walk to Tiong bahru mrt & 16min walk to redhill mrt. To wet market & hawker center is about 4 min walk. Near by school Gan Eng Seng Primary and secondary school. To Tiong Bahru park 3min walk. To orchard and General Hospital also within 20min by bus.
The prices are very much determined by the resales transactions there.
Hence its market driven prices. BUT, should it be used to determine for the SERS prices, considering its built from scratch just like any BTO, to replace the affected residents?

Is it profiteering or justified....mmmh
 

lampano

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why is redhill so expensive?
my friend bought duxton at tanjong pagar 2yrs ago
4rm around $480k...
I think those who gotten the duxton BTO at 2xx-3xxk must be damn lucky
those who bought any units be it private/HDB 2 yrs back are already very lucky :s13:
 

Think09

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More concessions for those under HDB's SERS
Posted: 14 March 2012 1634 hrs


SINGAPORE: The Housing and Development Board is enhancing its concessions for HDB residents who fall under the Selective En-bloc Redevelopment Scheme (SERS).

These include residents at Rochor Centre, who are affected by a land acquisition to facilitate the construction of the new North-South Expressway.

Priority will now be given to all SERS lessees who are eligible to apply for a flat in public sales exercises launched from March onwards, including Build-to-Order or Sale of Balance Flat exercises.

Five per cent of flat supply from each exercise will also be set aside for applicants under the Resettlement/Relocation/Tenants' Priority Scheme.

Lessees may also defer the entire payment of the levy or premium till they sell or transfer the replacement flat.

Previously, those who sold their first subsidised flat, had to pay a resale levy for buying a second subsidised flat, and were liable to pay the resale levy for the SERS replacement flat.

Now, as an alternative, SERS lessees can choose to pay an amount capped at $30,000 if they pay the levy or premium before they collect the keys to their replacement flat. The balance amount will be waived.

HDB has also worked with the CPF Board to relax guidelines on the use of refunded CPF money to purchase a replacement flat.

Those who are aged 55 and above will now be allowed to use a portion or all of the refunded CPF money in their Retirement Account to buy the replacement flat.

Besides Rochor Centre residents, all the new concessions will be extended to other SERS lessees whose grace period to apply for a flat has not expired yet.

These include residents from: Blocks 321 to 323 Clementi Avenue 5; Blocks 1 to 3 East Coast Road; Blocks 1 to 3, 5 to 22 Redhill Close; and Blocks 167 to 172 Boon Lay Drive.

HDB will also grant a 10 per cent rental rebate to all shop tenants at Rochor Centre, in view of the tenants' petition and the upcoming tunnel boring works.

The rebate is in additional existing rental rebates granted earlier and will take effect from April 2012, in tandem with the new works on the Downtown Line.

- CNA/wm

More concessions for those under HDB's SERS - Channel NewsAsia
 

F3Rm1nat0r

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More concessions for those under HDB's SERS
Posted: 14 March 2012 1634 hrs


SINGAPORE: The Housing and Development Board is enhancing its concessions for HDB residents who fall under the Selective En-bloc Redevelopment Scheme (SERS).

These include residents at Rochor Centre, who are affected by a land acquisition to facilitate the construction of the new North-South Expressway.

Priority will now be given to all SERS lessees who are eligible to apply for a flat in public sales exercises launched from March onwards, including Build-to-Order or Sale of Balance Flat exercises.

Five per cent of flat supply from each exercise will also be set aside for applicants under the Resettlement/Relocation/Tenants' Priority Scheme.

Lessees may also defer the entire payment of the levy or premium till they sell or transfer the replacement flat.

Previously, those who sold their first subsidised flat, had to pay a resale levy for buying a second subsidised flat, and were liable to pay the resale levy for the SERS replacement flat.

Now, as an alternative, SERS lessees can choose to pay an amount capped at $30,000 if they pay the levy or premium before they collect the keys to their replacement flat. The balance amount will be waived.

HDB has also worked with the CPF Board to relax guidelines on the use of refunded CPF money to purchase a replacement flat.

Those who are aged 55 and above will now be allowed to use a portion or all of the refunded CPF money in their Retirement Account to buy the replacement flat.

Besides Rochor Centre residents, all the new concessions will be extended to other SERS lessees whose grace period to apply for a flat has not expired yet.

These include residents from: Blocks 321 to 323 Clementi Avenue 5; Blocks 1 to 3 East Coast Road; Blocks 1 to 3, 5 to 22 Redhill Close; and Blocks 167 to 172 Boon Lay Drive.

HDB will also grant a 10 per cent rental rebate to all shop tenants at Rochor Centre, in view of the tenants' petition and the upcoming tunnel boring works.

The rebate is in additional existing rental rebates granted earlier and will take effect from April 2012, in tandem with the new works on the Downtown Line.

- CNA/wm

More concessions for those under HDB's SERS - Channel NewsAsia
who in their right mind will apply for the BTO when SERS applicants get to choose from such super prime locations
 

lampano

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who in their right mind will apply for the BTO when SERS applicants get to choose from such super prime locations
you will be amazed.
The SERS prices are very high...if BTO prices is significant lower, why not?

For example, if the clementi SERS replacement unit for 5rm is 600k, and the equivalent unit for the clementi BTO is 100k lower selling at 400-500k as you guys predicted/hope to be....one will consider to do so...its just across the street only
 
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