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There is no idea behind, but a case of willing seller and willing buyer. Key consideration is that there is a shortage of resale 4 room flat with fresh lease in Bedok therefore buyers who are keen to remain in this estate but only considering new flats will likely be looking at these units. In fact, we are already seeing transactions clocked for $820k for such flats. Unless you head over to newer towns like Sengkang, Punggol or even Tenggah, you are unlikely to find new 4 room flats in mature estates. In estates like Dawson or Bishan, 4 room flats are already over $1m too.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
Home of *7772 Hotline
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Hi,

It is always a case of willing seller versus willing buyer. To add on, there is perhaps also demand for a 4 to 5 room flat with longer leases at Bedok

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,
Everyone wants to make a nice profit from their HDB flats. So, as a buyer you need to explore all the options and decide which is the best deal for you and there are many OPTIONS always.

Land is pricier closer to the CBD. As such, you may want to consider this before buying your HDB flat. There are always pros and cons. So, decide carefully before you commit as it is a long term investment.

If you need help, I am always just a call away.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.co Read More

Hi, appreciate your sharing. Due to strong demand from PR and young couple who wish to set up families. Therefore, it will increase the pricing around the area for next 1 to 2years, as mature area has limited supply of brand new MOP units.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More

Hi!

Bedok generally is an older estate and with limited younger flats in the area, the demand for such flats is there and this could be one of the factors for prices being high.

Individuals who usually purchase in these areas, either want to be nearer to their families or have a preference of such and area and thus are willing to pay more for units in these vicinities.

Hope this helps! If you would need any further clarifications or further assistance, I would be happy to assist.

Thank you!

Regards,

Jit Dhaliwal
R068287A
PropNex
HP: 82680335  Read More

Hi Sir/Madam

The pricing of new cluster high floor 4-room HDB units in Bedok Fengshan Greenville being on par with those in prime districts like Telok Blangah and Clementi may seem surprising at first glance. However, there are several reasons that can explain this pricing trend.

1. Location Appeal: Bedok Fengshan Greenville is a mature estate with established amenities, excellent transport connectivity, and proximity to various amenities such as schools, shopping malls, and parks. It offers a desirable living environment comparable to prime districts.

2. Limited Supply: The supply of new HDB units in popular mature estates like Bedok Fengshan Greenville is limited due to land constraints.

3. Lifestyle Factors: Some buyers may prioritize their preferred lifestyle and community atmosphere over the prestige of living in prime districts. Bedok Fengshan Greenville offers a close-knit community, a variety of local food options, and a vibrant neighborhood, which can be equally appealing to certain buyers.

In my opinon, It is not necessarily a bubble but a reflection of the market demand and the unique qualities that Bedok Fengshan Greenville offers as a mature estate.

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

Hi,

1) You may look at the recent HDB price index. It is still inching up even after the new cooling measures implemented back on 30th Sep 2022.
2) The measures had a braking effect on the quickly escalating price of the HDB flat. But it didn't slam down the price.
3) This is the effect that the government wanted to see. If the measure implemented caused the HDB flat price fall. The government would have tweeted to bring it back.
4) The flats you are looking at have just reached MOP. Whereas those flats you mentioned in Telok Blangah and Clementi are not as new as those in Bedok.
5) These flats in this area are transacting from $725k~$872k depending on the level. This implies there are demands under this price.
6) If the demands are not there, the price will be adjusted accordingly.
7) There are not many choices in Bedok North anyway if you are looking for a new flat.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi,

As you mentioned, it's a new cluster. And there isn't many such supply in a matured town like Bedok.

Price is all about willing buyer willing seller. The fact that many units transacts at this price simply means that Buyers are willing to pay this price for a new unit in Bedok. These buyers could be young couples looking to stay near their parents, or existing residents shifting from their older Bedok flats to newer ones.

As for bubble, I do not think this term is frequently used in Singapore property. It seems that the whole world prices is falling, except for Singapore, where prices doesn't seem to fall.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More