HDB

  You might have seen the various headlines about how the HDB resale price index has been inching upwards since end 2020 with the trend continuing to 2021. You might also have seen the ever-increasing COV (Cash Over Valuation) that more and more buyers are paying in order to secure a flat in the resale market. What does all this mean in this current post-pandemic period? Does this mean that 2021 is the best time to sell your HDB flat? Let’s explore the reasons behind Read More

I am sure you would have seen the headline news about million-dollar HDB flats. Every once in a while, a record-breaking transaction will appear in the news. Even Diana Ser did a short video on the topic. Million Dollar HDB Flats Are An Outlier In 2018, there were 71 flats that was sold for at least $1 million dollars. In the grand scheme of thousands of HDB resale transactions, this is a very small number. However, HDB flats are public housing which have strict regulations Read More

For the past 1 year, the debate on the ageing leases of HDB flats has been raging on. During the National Day Rally, some clarity has come into the debate as PM Lee confirmed that HDB flats will depreciate to zero at the end of the 99-year lease. Doesn’t this apply to 99-year private properties as well? Yes. For all 99-year leasehold properties, their value will eventually depreciate to zero. But remember, there is the option of doing an en-bloc sale to a developer – Read More

I do realize the title of this post might attract some naysayers and unhappiness. It is not “correct to say” that we should monetize our flat or public housing. Instead, our HDB flats should be the basis of a home where we grow our family and it should never be monetized. It should be viewed as an expense and rightly so – because we live in it. Right? But we should not discount the fact that HDB owners have made good returns and profited from Read More