Woodlands, Jurong West units going for $200k but are small and old; also, supply is running low.
Even then, the number of flats that can be had for a budget of $200,000 appears to be shrinking.
Recent sales of smaller unitsPrices of resale HDB flats hit another all-time high in the third quarter, amid a growing chorus of unhappy buyers complaining that home values are rising out of their reach.
Despite the rising prices and disgruntled home-seekers, pundits say there are still affordable homes to be had – if only buyers are less choosy and look a bit harder.
Where, then, are these cheap flats to be found?
The Sunday Times went in search of resale flats that were recently sold for up to $200,000 – which can comfortably buy a built-to-order three-room flat in new towns such as Punggol. Continue reading
