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

  • July 13, 2022
  • 9 min read
Join our Telegram group for instant notifications
Join Now

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.

avatar
High ses warrior
High ses warrior

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
Stacked Homes

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

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
Stacked Homes

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.

Latest Posts

The Vales Condo
Condo Reviews I’ve Lived At The Vales EC At Sengkang For 5 Years: Here’s My Review Of What It’s Like For Family Living
August 13, 2022
amo residence review 5
Commentary Why Are New Launch Condo Sales Dropping + 41 Upcoming Launches In 2022/23
August 13, 2022
hougang capeview MOP
Advice We Make $180k Per Annum. Should We Sell Our EC For $650k Profit To Buy 2 Condos Or Just A Bigger HDB?
August 12, 2022
the hyde condo view
Buying 10 Common Misconceptions About Home Buying In 2022 (You Don’t Want To Get These Wrong)
August 11, 2022
5 Uniquely Designed HDBs Within 1 KM Of Singapores Top Primary Schools
Units Of The Week 5 Uniquely Designed HDBs Within 1 KM Of Singapore’s Top Primary Schools
August 11, 2022
the hyde condo sky pool 1
New Launch Reviews The Hyde Condo Review: A Novel Take On A Boutique Condo
August 10, 2022
Maisonette.atlas 2
Interior An Old 1986 Executive Maisonette In Hougang Gets A Cosy Transformation Into A Modern Farmhouse Look
August 10, 2022
margaret ville management
Commentary Your Condo Management Or MCST Can Affect Your Future Profits: 7 Must Know Tips To Deal With Issues
August 9, 2022
National Day HDB Singapore
Property Stories 57 Incredibly Interesting HDB Facts To Know On Singapore’s National Day
August 9, 2022
one euro italy
Property Stories You Can Buy A House In Italy For Just €1. Is It Too Good To Be True?
August 8, 2022
hungry ghost singapore
Analysis Buying A Home During Hungry Ghost Month: Does “Bad Luck” Translate To Lesser Profit?
August 8, 2022
west coast landed 6
Property Stories Touring West Coast Landed Estate: 999-Year Landed Homes That’s Less Crowded And Near Many Schools
August 7, 2022
dleedon view
Condo Reviews I’ve Lived At D’Leedon For 2 Years: Here’s My Review Of What It’s Like Staying At A Mega Development
August 6, 2022
Advice We Are Looking To Upgrade From An HDB To A Condo: Will Kingsford Waterbay, Boathouse Residences or Riversails Be Better?
August 5, 2022
Woodlands Glen 159 blocks top view 1
Resale HDB Where Are The Cheapest 4-Room Resale HDB Flats In 2022?
August 4, 2022
Mareenah 4
Interior Tour A Incredible $60k HDB Transformation: How A Couple Self-Designed A Modern Coastal Retreat
August 4, 2022