Tag Archives: Housing and Development Board

No longer ‘Ulu’

Posted on 17 Oct 2009 | Comments Off on No longer ‘Ulu’
The town is now 60 per cent developed and residents have access to a bustling mall and sports facilities. –ST PHOTO: DESMOND LIM

YOU probably know flat buyers who said they shunned choices in Sengkang because of its distance from town and lack of lifestyle amenities.

No longer.

The town is now 60 per cent developed and residents have access to a bustling mall and sports facilities.

The best proof of Sengkang’s current worth must lie in the rising values of the flats.

Some apartments now fetch almost $100,000 more than the original price owners paid about 10 years ago.

See Also : Sengkang rising

Source : Straits Times – 17 Oct 2009

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Are leftover flats really ‘undesirable’?

Posted on 17 Oct 2009 | Comments Off on Are leftover flats really ‘undesirable’?

THIS is a case of ‘picky’ buyers versus ‘undesirable’ flats. Two couples publicly declared they could not find flats despite taking part in many HDB sales exercises.

REJECTION RATESThe HDB refuted this, listing the number of times they had been invited to select flats, but had not done so.

The couples’ response? That the flats were unappealing.

One of the home-seekers, Mr Jayce Ng, 30, was quoted as saying: ‘You can’t blame me for having high expectations and not wanting to live on the second floor when I’ll be living there for the next 10 years – and this is a lifelong investment.’

HDB’s figures show home-seekers like Mr Ng are quite common. In its sale exercises from the first half of this year, an average of 45 per cent of first-time buyers did not pick any of the flats they were offered in non-mature estates.

Are the flats in question truly undesirable? Continue reading →

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