“Housing is already expensive, food is getting more expensive”
#21

(14-04-2024, 02:33 PM)moonrab Wrote:  Many of my foreign friends wonders why Singaporean willing to pay for a condo $2 million over a HDB 500k. 
Same size, location and building condition. To them, the safety in Singapore is excellent for living, why need a surrounding wall to inconvenient ownself? A tiny swimming pool only for soaking but not swimming. A tiny gym that is always pack in morning and evening. And the $400 maintenance fee for all of these facilities. Plus the ROI depending on market sentiment, Singapore overall property price is well under Govt control. Ex the foreigner pay an ABSD rate of 60%...Enough of my views about Condominium...Many owners will not like it..Actually I sold off my sometimes ago. We only bought for investment and not staying. Many Singaporean buyers are the same. Not everyone making money.

I don't know which condo development you are referring to, but the first condo that I purchased after I sold my HDB flat over 20 years ago is rather spacious with 1 large and another slightly smaller swimming pool. I managed to shift to my present condo before Covid-19, which is even more spacious. There is no claustrophobic experience. The difference between a condo and HDB flat is the former has a strata title (genuine ownership) while the latter is purely a leasehold with no right of ownership over the piece of land where the HDB block sits.
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Messages In This Thread
“Housing is already expensive, food is getting more expensive” - by Bigiron - 13-04-2024, 06:05 AM
RE: “Housing is already expensive, food is getting more expensive” - by Alice Alicia - 13-04-2024, 06:24 AM
RE: “Housing is already expensive, food is getting more expensive” - by cityhantam - 13-04-2024, 09:31 AM
RE: “Housing is already expensive, food is getting more expensive” - by Wy:Nox - 13-04-2024, 08:15 AM
RE: “Housing is already expensive, food is getting more expensive” - by FangFang - 13-04-2024, 08:39 AM
RE: “Housing is already expensive, food is getting more expensive” - by Buffybuffy - 13-04-2024, 09:29 AM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 13-04-2024, 11:03 AM
RE: “Housing is already expensive, food is getting more expensive” - by winbig - 13-04-2024, 11:13 AM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 13-04-2024, 11:21 AM
RE: “Housing is already expensive, food is getting more expensive” - by winbig - 13-04-2024, 11:56 AM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 13-04-2024, 12:53 PM
RE: “Housing is already expensive, food is getting more expensive” - by talky - 14-04-2024, 07:11 PM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 14-04-2024, 08:01 PM
RE: “Housing is already expensive, food is getting more expensive” - by EvertonDiehard - 13-04-2024, 01:11 PM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 13-04-2024, 02:38 PM
RE: “Housing is already expensive, food is getting more expensive” - by EvertonDiehard - 14-04-2024, 01:15 PM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 14-04-2024, 02:33 PM
RE: “Housing is already expensive, food is getting more expensive” - by EvertonDiehard - 14-04-2024, 02:49 PM
RE: “Housing is already expensive, food is getting more expensive” - by moonrab - 14-04-2024, 03:06 PM
RE: “Housing is already expensive, food is getting more expensive” - by red3 - 13-04-2024, 12:08 PM
RE: “Housing is already expensive, food is getting more expensive” - by Lukongsimi - 13-04-2024, 12:54 PM
RE: “Housing is already expensive, food is getting more expensive” - by mikotan - 14-04-2024, 01:20 PM
RE: “Housing is already expensive, food is getting more expensive” - by EvertonDiehard - 14-04-2024, 02:25 PM
RE: “Housing is already expensive, food is getting more expensive” - by watchfirst9 - 14-04-2024, 01:40 PM
RE: “Housing is already expensive, food is getting more expensive” - by cheekopekman - 14-04-2024, 03:21 PM

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