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March 29, 2024
By now, no one bats an eyelid at DBSS flats, maisonettes, jumbo flats, etc. reaching $1 million. It's almost expected in the current resale flat market. But what about stock-standard, vanilla flats? That's the market that bears watching, as it's a better indicator of overall affordability (or potential profit, depending on which side of the fence you're on). In light...
July 7, 2023
The pace of million-dollar HDB transactions may have slowed, but we're still seeing record resale HDB prices. At the time of writing, the record price for an HDB flat has hit $1.5 million, for a jumbo flat in Tiong Bahru. This week, we looked at some other areas where flats are not quite at $1 million yet, but may soon...
January 22, 2023
Hello, We’ve read with interest on your advice columns, and we especially appreciate the effort and detail put into the responses. My wife and I are in a bit of a dilemma. We live in a 3-room HDB flat in Clementi Ridges which we bought for close to $400k. Our MOP is up in April this year. We’re in our...
October 5, 2022
Over the past few weeks, there has been a spate of good and bad news. One good news is that the new 6 Cross Island Line Phase 2 MRT stations were announced, so homeowners near those stations will have something to rejoice about. However, the bad news is the cooling measures which came into effect on Sept 30, 2022. Anyone...
July 11, 2022
The proliferation of million-dollar flats in the past decade is nothing short of incredible. Keep in mind that the first million-dollar flat, at Mei Ling Street in Queenstown, was only in 2012; and it was an eye-opener at the time. Today, there were around 259 such transactions in 2021 alone; and the latest Tiong Bahru View sold for $1.158 million...
January 9, 2022
Project: Casa Clementi HDB Town Clementi Address: 416-425 Clementi Avenue 1 Lease Start Date: September 2013 No. of Units: 2,234 Casa Clementi may not be one of the newest HDB developments in the Clementi area, but there are many reasons why it can be seen quite favourably even as we compare it to the newer Clementi HDBs that’s close to the MRT. Completed in 2012, Casa Clementi was one of...
July 27, 2021
Completion date: 2011 Notable highlights: The Pinnacle@Duxton is probably the most prestigious HDB development ever built. A check on HDB transaction records shows 48 transactions that crossed the $1 million mark over the past year (21 were 4-room flats, 27 were 5-room flats). Pinnacle is the tallest HDB development to date, at 52-storeys; members of the public even pay admission to visit its sky gardens and take in the view. Besides having one of the best unimpeded views, Pinnacle is also on...