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Dear sir/madam, With increasing number of citizens and PR, of course the pool of buyers for HDB will be bigger since more people will be eligible, however, that does not equate to these converts are definitely buying a HDB. I am unsure where is your reference from to indicate that foreigners will mostly invest in city area as we have foreigners purchasing mass market condos in the various housing estates as well. The foreigners working in Singapore these days are very much different from yesteryears in that many of them are drawing local salary package instead of expat packages therefore affordability will also be part of their concern when they make purchases. Being a mass market condo or EC when it MOPs, these units will appeal to buyers who have limited buying power and will be appealing to them both as a home or vehicle to gain rental income. Hope this helps. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More
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  • EL
    Hi Geryl, but prices in hdb mature towns are still very high and in demand as compared to mass condo/EC.
I would feel that there are more buyers out there who rather buy a condo further out than buying a HDB in the mature towns if prices are the same since condo has better potential to appreciate while HDB prices are being subjected to control by the government since it is supposed to be public housing. It boils down to the motivation of every buyers. Would they rather have a nice environment for their family to grow (in condo with facilities) or be in a mature town where it could be nearer to town or easier access. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More
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  • EL
    I have seen quite a few mass condo listing even selling below bank value with no takers. I would prefer to get a city fringe rather then mass market condo.
Resale prices for the mass market condos technically is still quite inflated and bank values are not quite truthful depending on which bank the indicative value is done, as there can be quite significant differences between the banks. For example the bank indicative value shown in any advertisements will usually show the highest valuation obtained, therefore it is easily described as selling below valuation. On top of the massive supply right now, there are likely more units than ready buyers in the market. It seems to me that your consideration is more of a financial one which has no wrong in it, More of a different perspective. If you are keen to view houses in places like Boon Keng or Everton Road vicinity, feel free to let me know and I can make arrangements accordingly. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More
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