• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

HDB launches BTO flats below mkt price!!

makapaaa

Alfrescian (Inf)
Asset
Joined
Jul 24, 2008
Messages
33,627
Points
0
<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
icon.aspx
Coffeeshop Chit Chat - HDB launches BTO flats below mkt price!!</TD><TD id=msgunetc noWrap align=right>
icon.aspx
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>12:51 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 5) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>28502.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Feb 12, 2010

HDB launches 1,534 new BTO flats

On offer: 750 units in Punggol, 784 in Woodlands at 'below market prices'

<!-- by line --><!-- end by line -->
Related Link
<!-- Audio --><!-- Video --><!-- PDF -->SITE OF BTO FLATS

http://www.straitstimes.com/Singapore/Story/STIStory_489608.html


<!-- Vodcast -->
<!-- end left side bar --><!-- story content : start -->
THE Housing Board has released 1,534 flats at two new projects, in the latest move to allay widespread fear of a public housing shortage.
Yesterday, it launched 750 build-to-order (BTO) units in Punggol and 784 in Woodlands. A further 1,000 BTO flats in Sengkang and Sembawang are slated for launch next month.
The launches are in line with the HDB's plan to offer an islandwide spread of 7,000 BTO flats - in areas such as Punggol, Yishun and Jurong West - during the first half of the year.
Last month, the HDB freed 1,291 flats for sale in Choa Chu Kang and Hougang.
The projects released yesterday - Punggol Crest at Punggol Place and Treegrove@Woodlands at Woodlands
Avenue 7 - have been described by the HDB as being priced below 'equivalent market prices'.
Punggol Crest, which is close to the future Punggol Town Centre, is served by the Punggol MRT station and the surrounding LRT stations and bus interchange.
Sited next to the Tampines Expressway, it offers 240 two-room, 240 three-room and 270 four-room flats.
Prices range from $90,000 for a two-room flat with a 46 sq m floor area, to $301,000 for a four-room unit with a 92 sq m floor area.
Treegrove@Woodlands, which is next to 888 Plaza, offers 192 studio apartments, 220 three-room flats and 372 four-room units.
Residents will be served by the Woodlands and Admiralty MRT stations, a bus interchange and the Seletar and Bukit Timah expressways.
Prices begin at $64,000 for a 36 sq m studio apartment, and rise to $288,000 for a 95 sq m four-room flat.
The HDB is setting aside 95 per cent of the two-, three- and four-room flats for first-time home buyers.
Mr Mohamed Ismail, chief executive of real estate agency PropNex, expects the flats to be oversubscribed by at least six times because of continued demand for public housing.
Applications for the new units are now open and will close on Feb 24. Those eligible can apply for a housing grant of up to $40,000.

</TD></TR><TR><TD> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
 
<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"></TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>goodnessm1 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>1:24 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>kojakbt89 <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (4 of 5) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>28502.4 in reply to 28502.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>The projects released yesterday - Punggol Crest at Punggol Place and Treegrove@Woodlands at Woodlands
Avenue 7 - have been described by the HDB as being priced below 'equivalent market prices'.
Shamugam asked without foreigners who build your HDB flat
My HDB flat not build by foreigners and is cheaper
1970 The first batch of 3 room flat was $6,800.00 (Central) Havelock Road
1975 - $13,500.00 ( Holland)
2000 -
2010 - 2013 2 room flat (ulu places) Woodlands, Jurong West, Sengkang) $90,000 build by foreign workers
1985 5 room flat at Clementi (Sunset Way) $90,000.00
The flat was fully paid in 5 years by one working adult
2010 BTO 5 room flat $500,000, you need 2 working adults to pay off the flat in 30 years


<HR SIZE=1>Edited 2/12/2010 4:27 am ET by goodnessm1
<HR SIZE=1>Edited 2/12/2010 10:24 am ET by goodnessm1</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD></TR></TBODY></TABLE>
 
woodlands 888 plaza - thats a very bad location ... residents will have alot problems squeezing up & down feeder bus during rush hours !
 
makapaaa Feb 12 said:
On offer: 750 units in Punggol, 784 in Woodlands at 'below market prices[/SIZE]

Why they got so many units but refuse to release all .

Bargaining chips for votes huh ? Give to FTs to secure collaterals votes huh ?
 
My HDB flat not build by foreigners and is cheaper
1970 The first batch of 3 room flat was $6,800.00 (Central) Havelock Road
1975 - $13,500.00 ( Holland)
2000 -
2010 - 2013 2 room flat (ulu places) Woodlands, Jurong West, Sengkang) $90,000 build by foreign workers
1985 5 room flat at Clementi (Sunset Way) $90,000.00
The flat was fully paid in 5 years by one working adult
2010 BTO 5 room flat $500,000, you need 2 working adults to pay off the flat in 30 years


Wah, lucky you. Must have made a fortune each time you sold your flat. The gahment has increased your asset each time and enriched you. Should thank the PAP by giving them your small vote.

As for the BTO 5-room flat, you will make a even bigger fortune if you sell it in 10 or 20 years time - provided the government is stil the PAP one.
 
<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
icon.aspx
Coffeeshop Chit Chat - HDB launches BTO flats below mkt price!!</TD><TD id=msgunetc noWrap align=right>
icon.aspx
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>12:51 am </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 5) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>28502.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Feb 12, 2010

HDB launches 1,534 new BTO flats

On offer: 750 units in Punggol, 784 in Woodlands at 'below market prices'

<!-- by line --><!-- end by line -->
Related Link
<!-- Audio --><!-- Video --><!-- PDF -->SITE OF BTO FLATS

http://www.straitstimes.com/Singapore/Story/STIStory_489608.html


<!-- Vodcast -->
<!-- end left side bar --><!-- story content : start -->

Punggol Crest, which is close to the future Punggol Town Centre, is served by the Punggol MRT station and the surrounding LRT stations and bus interchange.
Sited next to the Tampines Expressway, it offers 240 two-room, 240 three-room and 270 four-room flats.
Prices range from $90,000 for a two-room flat with a 46 sq m floor area, to $301,000 for a four-room unit with a 92 sq m floor area.
Treegrove@Woodlands, which is next to 888 Plaza, offers 192 studio apartments, 220 three-room flats and 372 four-room units.
Residents will be served by the Woodlands and Admiralty MRT stations, a bus interchange and the Seletar and Bukit Timah expressways.
Prices begin at $64,000 for a 36 sq m studio apartment, and rise to $288,000 for a 95 sq m four-room flat.

</TD></TR><TR><TD> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

Construction cost is abt $120k for a 4 rm unit yet after a heavy government subsidy, HDB still sell at $300k???? HDB, Huat ah!
 
Construction cost is abt $120k for a 4 rm unit yet after a heavy government subsidy, HDB still sell at $300k???? HDB, Huat ah!

You got your sums wrong lah. Based on the price of the 2-room unit, which is $90,000 for 46 sqm, the price of the 4-room unit which has a floor area twice of the 2-room, should be no more than $180,000.

So HDB is slapping its own face this time.
 
Back
Top