What’s behind the rise of million-dollar discontinued HDB properties?

Рет қаралды 25,604

Ай бұрын

In recent months, the public housing market has seen a surge in million-dollar homes. But surprisingly, discontinued HDB properties such as terrace houses, executive maisonettes and DBSS flats are also joining the bandwagon despite their decaying leases.
Why do they still appeal to homebuyers? Are they truly worth the hefty price tags?
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Пікірлер: 53

@kailerk5 24 күн бұрын

Tengah HDB design is worst than 1970 HDB. Beams and column everywhere so visible. Garden vale especially

@dexterchewy 17 күн бұрын

Apparently designed by a certain reputable local firm haha

@SivalinPuthery 29 күн бұрын

Funny, around a decade ago, Singaporeans were complaining about falling hdb prices

@junjun906 29 күн бұрын

you see singaporeans always complain. price rise complain. price drop complain. price rise too slow complain. price rise too fast complain. price stagnate also complain. really complain king and queens

@focus168168 29 күн бұрын

@@junjun906 Why you talk about yourself like that? :)

@junjun906 29 күн бұрын

@@focus168168😂 hahaha but is true mah. We complain abt everything. Haha

@LonganLee 26 күн бұрын

Endless landslide victories👀

@DynamicLearning4u 25 күн бұрын

@@junjun906different group of people complaining 😂 not the same ones….😂

@CameronFussner 14 күн бұрын

The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

@leojack9090 14 күн бұрын

Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.

@hasede-lg9hj 14 күн бұрын

You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

@LucasBenjamin-hv7sk 14 күн бұрын

@@hasede-lg9hj Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

@LucasBenjamin-hv7sk 14 күн бұрын

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

@hasede-lg9hj 14 күн бұрын

There are many financial coaches who excel in their profession, but for the time being, I employ Annette Marie Holt because I adore her methods. You can make research and find out more.

@rayne5368 22 күн бұрын

Looks like musical chair to me. Everyone wants to get on the musical chair but does not want to be the last to sit on it.

@user-gp5ls5iz7x 8 күн бұрын

Investigation should be carried out against the Lender Bank + Buyer for Money Laundering / Tax Cheats (Unfair to all Taxpayers)

@nickburns101 23 сағат бұрын

There are newer Masionette in Woodlands and Sengkang which are the last batch built in 1999

@tkyap2524 24 күн бұрын

People with the means will pay for what they like no matter what. Lucky you, if your HDB is desired by one of these spenders.

@steventay5834 26 күн бұрын

Property prices have increased partly due to disruption caused by COVID-19. Going forward, I am not sure if this is sustainable.

@sm_2817 24 күн бұрын

Not a government mouthpiece, says someone from BT

@Bekindloveis Күн бұрын

Pls lah amenities like hawker centres & shopping centres are everywhere no need pay over S$1M for still HDB flat whatever fancy title like DBSS etc lol 😂

@beedeebee179 16 күн бұрын

Cease enbloc, SRS, let decaying lease goes straight to zero value, I'm sure people will evaluate the price of a HDB again.

@kenyoung6666 7 күн бұрын

HDB has become extremely UNAFFORDABLE!!!!! Only those selling their HDBs, the rich (those who lack empathy for the struggles of the average Singaporean, not all) and real estate agents will say they're cheap!!

@miklee4834 25 күн бұрын

It's good to have money. Lots of it. No joke.

@tonykwok9763 5 күн бұрын

HDB BTO.....A BIG BIG 99 YEAR LEASE HEADACHES.....30 YEAR LEASE👍👍👍👍👍

@LonganLee 26 күн бұрын

One thing for sure, it has absolutely nothing to do with policies. 👀

@prime8krish 9 күн бұрын

people are either too rich or stupid. to pay 1.5 M for 30 year remaining units

@norman6499 21 сағат бұрын

Dude, those are private home downgrader with multi millions in their bank…

@This.Is.AngelaBloom Күн бұрын

Ser jackpot is only 6%

@skullandbones1832 27 күн бұрын

💚

@user-xt5tx5yv9f 7 күн бұрын

Goin to get better & better but smaller & smaller. Ill rather bigger but no need better🤣

@darrenkwok84 25 күн бұрын

So morale of the story is that it will be a 1 million expense?

@leethaiann3362 29 күн бұрын

HDB never sell any flats ! they only lease out flats $$$$$$$$

@benchan1981 26 күн бұрын

its not lease if u own the economic benefits of the property. you can choose to sell or rent out the property. moreover, what do you expect? what is there to complain about? it is not as if HDB was a freehold property and then changed to 99 years after that. Do you see ppl complain about buying a 99yr lease hold condo? You buy with ur eye open and you sign up for the deal.

@lendleasereit6797 25 күн бұрын

My wife and I compared what you said against renting. I can tell you renting is WAYYYY more expensive. So stop complaining and be thankful

@oldlee2706 24 күн бұрын

60% foreigners

@SGMaleKaren-si3gw 10 күн бұрын

The journalist on camera needs to learn how to speak naturally and enunciate clearly. Really hard not to get distracted by the multiple attempts at a cringey fake half-American accent and lapses into the flaccidness in the tone and enunciation of syllables. E.g. just say "dollars"like Singaporeans say it, not "da-llers". The Malay-accented voice narrating in the background is a positive example to learn from.

@ABC-ed8cg 23 күн бұрын

How do you tell the houses at 1:10 apart from landed houses? Is it just based on the prominent block number? Ry-Anne Lim (the journalist) being interviewed sounds very pitchy. Such grating and piercing voices can lead to listener fatigue. I couldn’t continue listening to her halfway. I can’t stand listening to such voices for seconds, let alone hours. She should learn to speak at a lower register.

@Xisiqomelir 24 күн бұрын

You really ought to be able to pronounce "these" if you're going to host a news show.

@hiimajerk 24 күн бұрын

Nth wrong from their pronunciation 🤷‍♂️

@ABC-ed8cg 23 күн бұрын

I don’t see it as a jarring mistake. And I’m an English teacher. The reporter has weaker enunciation but is still bearable to listen to. My grievance is more on Ry-Anne Lim (the journalist being interviewed). She sounds pitchy and grating. My ears really couldn’t take it.

@SGMaleKaren-si3gw 10 күн бұрын

@@ABC-ed8cg and a poor fake half-American accent. Yikes.

@edwardlumsianming3430 9 күн бұрын

The issue is that it is an OPEN MARKET SYSTEM THAT SAYS PEOPLE CAN SELL MILLION of DOLLAR WHY I CANNOT. So this million keep popping up. In the end it will be an EXPECTATIONS OF HOMEOWNERS AND WITH GREED IN MIND IT WILL BE A BIG NATIONAL PROBLEM. It is humans that made this and will pay heavily for it's consequences for younger generations😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢