This is what 25-35 yrs old think (10 years ago)>buy
HDB>sell HDB>make 100K>buy condo>pay cash
150K>CPF100K>loan400K...bingo 600K condo! Installment 20yrs
and pay 2K per month
This is what 25-35 yrs old think (now) >buy condo>pay
50K>CPF 150K>loan 800K.....bingo 1m condo !!! Installment
35yrs and pay on 2K per month!!
It is not difficult to know why condo is above 1m!
So with 800K new PR and families in Singapore + 1% of rich Indo
chinese, Indian, PRC chinese..this is why HDB is above 600K and
condo is reaching 1.5m
and when govt enbloc, they paid you lower than market price, see
the new north south expressway, people are not happy