Property Picks Record Breaking $1.4 Million HDB Costs Too Much? The Alternatives May Not Be Any Better

  • May 21, 2022
  • 11 min read
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Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

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Sheila
Sheila

Finally someone wrote this piece because the amount of comments saying “I rather buy a condo” / “so stupid .. May as well buy condo” is just mind boggling. Even a 1.4m condo in the far remote west or north is not comparable because of convenience as you have pointed out

Stacked Homes
Stacked Homes

Thanks for reading 🙂

MBG
MBG

Can you also do a write-up explaining leasehold, particulary in the context of condos/private property? I see so many comments on ST etc from people ridiculing paying high prices for HDB, as “you don’t own the property”. So much misinformation and misunderstanding about HDB leaseholds, and I think majority of these folks are not familiar with private property at all and seem unaware that private properties are largely 99 yr leasholds now too (although granted HDB vs private property 99 yr leaseholds do have some differences). Sadly the whiners are those who stay in HDB and expect repairs etc to… Read more »

Stacked Homes
Stacked Homes

Hi MBG, thanks for your feedback! We’ll let our editorial team know about it 🙂

Loke
Loke

Your table showing the comparison of unit for sale in Spottiswoode Blk 17 shows 2 different date of completion for the same block. can you please clarify.

Loke
Loke

Typo error.. Blk 107

Stacked Homes
Stacked Homes

Hi Loke, this was directly taken from URA records. While the lease end year still remains the same (ie 85 years from 1990 and 99 years from 1976 leads to the same outcome, just a different way of expressing it), it’s strange that they’re still written in two different ways. We’ll reach out to URA for clarifications but there’s no guarantee of a satisfactory answer. Thanks!

Stacked Homes
Stacked Homes

Hi, we have received an update from URA. According to them, the information provided is correct and are just based on the titles issued for the units. Hope this helps.

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