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Record $1.418 Million Dollar Dawson Flat: Was There Really Any Better Alternative?

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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High ses warrior
High ses warrior
1 year ago

It’s not really a fair comparison to use 1.48m as the benchmark price and find condos which are similarly priced – apples and oranges really. I’d think most buyers would gladly build in a condo premium of at least 20%, which gives you 1.8m and a lot more room to play with.

Stacked Homes
Admin
1 year ago

Hey! Thanks for your feedback. We’re more or less addressing those who chime in that at this price, you can get a condo. So we wanted to see what the alternatives are. But of course the individual buyer may have more firepower to afford a $1.8 million dollar condo.

Kevin
Kevin
1 year ago

My main concern will be about gentrification of such estates, essentially pricing them out of the reach of most Singaporeans. It is almost certain that in the coming few years, the average transaction prices for these few developments in Dawson will be around the million-dollar mark.
I feel that HDB needs to have a deep think about what is its main purpose: to enrich the lucky few who managed to get the flats, at the cost of society in general?

Stacked Homes
Admin
1 year ago
Reply to  Kevin

Hey Kevin, there’s definitely merit in what you said. But if prices were not this high, there’s also a question of who can stay in these areas too – would it be back to balloting then? Then there’s the question of how we decide who gets to stay where too.

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