Commentary

Why Is A Million-Dollar Flat Reasonable To Some Homeowners In 2022?

  • September 28, 2022
  • 7 min read
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Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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deadpoet
deadpoet
8 months ago

To be honest, resale HDBs are still affordable as long as you are not too picky about things like distance to/from office, balance lease and surrounding amenities.

The problem arises when people earning inadequate salaries demand such conveniences and frills. Then you have all the noise and chatter about 1m flats being inaccessible to those earning below average salaries (as they should be).

The whole point of a capitalist society is that you only get to demand more if you can pay more! These people are clearly entitled, and entirely deluded. 400k-500k 4 room flats are still aplenty if they’d just clamp their mouths, bite the bullet and snap up a property.

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