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No place to bonk

Lee Hsien Tau

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Home > Breaking News > Singapore > Story

Sep 20, 2009
No place to bonk

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Jayce Ng (left) and Jacelyn Yong who are both 30 and registered their marriage last year, have yet to find a place to bonk, priced out by the current property rally. -- ST PHOTO: ALPHONSUS CHERN


EACH time after a movie or dinner date, married couple Jayce Ng and Jacelyn Yong return to separate homes. He goes to his parents' apartment in Hume Avenue and she to Hougang.

The couple, who are both 30 and registered their marriage last year, have yet to find a place to bonk, priced out by the current property rally.

'I recently received a text message from an agent, who gave a listing of 10 Bukit Panjang flats, all asking for cash over valuation (COV) of between $40,000 and $50,000,' said Mr Ng, a process analyst. 'But we just can't fork out the cash.'

They have also participated in at least eight build-to-order (BTO) and half-yearly sale exercises, but to no avail.

Mr Ng admitted that two years ago, in their half-yearly sale attempt, they turned down a $400,000 five-room flat in Clementi, thinking the price was too high.
 
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