The_King Posted October 12, 2020 Share Posted October 12, 2020 Flats at Natura Loft in Bishan continue to fetch a handsome price, with the recent sale of a five-room unit there again crossing the $1 million mark. According to data from the Housing Board, the flat, with just under 90 years of its lease left, was sold for $1,208,000 this month. It is believed to be the highest resale price for a Design, Build and Sell Scheme (DBSS) unit, Chinese newspaper Shin Min Daily News reported yesterday. The 120 sq m unit is believed to be between the 28th and 30th storeys. The previous record price for a DBSS unit was the $1,205,000 paid for a five-room flat on the 39th-storey at City View in Boon Keng. In August this year, a similar-sized unit at Natura Loft, also on a high floor, sold for about $1.08 million. In 2017, a unit there made headlines after it fetched a record price of $1.18 million. DBSS flats are Housing Board flats designed, built and sold by private developers. Experts who spoke to The New Paper said the new record is not a surprise, given that the housing market has been on the rebound after the circuit breaker. Ms Christine Sun, head of research and consultancy at OrangeTee & Tie, said the uptick in price is in tandem with what has been happening across all segments of the housing market. "The sales volume has been going up and so are the prices at certain locations. We see this in the private housing market as well. Generally, that is where the trend is going," Ms Sun told The New Paper. Flash estimates from real estate portal SRX revealed last Thursday that prices of Housing Board resale flats increased for the third consecutive month last month. Housing Board resale prices rose by 0.8 per cent last month compared with August, a faster rate than the previous two months. In all, 2,489 HDB flats were sold last month, a 2.2 per cent increase from August. Eight resale flats also sold for above $1 million, one of them a five-room flat at The Pinnacle@Duxton in Tanjong Pagar, which sold for $1.258 million. It is believed to be a record for a resale HDB flat. Referring to the recent sale at Natura Loft, Mr Ismail Gafoor, chief executive officer of PropNex, said the location in Bishan is an attractive proposition. He said: "That property is in a very good location, in terms of very good schools, and is also very centrally situated." Both Ms Sun and Mr Ismail said the previous owners would have bought the flat at a premium price from the developers, which Mr Ismail estimated to be $600,000 and upwards. Mr Ismail said he will not be surprised if the current record is broken in the coming months, although he is not expecting a huge increase. "Today, the HDB market has taken a rebound and the private property prices are also positively increasing. Therefore, DBSS (flats), based on design, are seen as a value proposition." Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 I think Bishan quite overrated leh. Too crowded also. I think TPY offers more charm 1 Link to comment Share on other sites More sharing options...
Homelander Posted October 12, 2020 Share Posted October 12, 2020 3 hours ago, ManOfTheHour said: I think Bishan quite overrated leh. Too crowded also. I think TPY offers more charm Tpy a lot of lasap ppl 2 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 11 minutes ago, Homelander said: Tpy a lot of lasap ppl Only got Yek Chin Tan. Bishan got the famous Bishan Gay uncle too 1 Link to comment Share on other sites More sharing options...
chamfer Posted October 12, 2020 Share Posted October 12, 2020 (edited) 19 minutes ago, Homelander said: Tpy a lot of lasap ppl I stayed at TPY until i moved to slumkang. Still miss staying in TPY as it really convenient and have nice and cheap food. I saw president teo at TPY mrt a few years ago..... Edited October 12, 2020 by chamfer 1 Link to comment Share on other sites More sharing options...
Chestnut Posted October 12, 2020 Share Posted October 12, 2020 22 minutes ago, Homelander said: Tpy a lot of lasap ppl Bcos moth wanna meet yct so he say tpy. Btw..my fren who last time always borrow money also stay tpy now Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 32 minutes ago, chamfer said: I stayed at TPY until i moved to slumkang. Still miss staying in TPY as it really convenient and have nice and cheap food. I saw president teo at TPY mrt a few years ago..... I saw him many times when I go lorong 8 makan. Sometimes see him at central wearing long sleeve shirt. If I got nothing to do, I am always at tpy lol 1 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 30 minutes ago, Chestnut said: Bcos moth wanna meet yct so he say tpy. Btw..my fren who last time always borrow money also stay tpy now Bishan got female tyc. Laosai in trousers one 🙊🙊🙊 2 Link to comment Share on other sites More sharing options...
Chestnut Posted October 12, 2020 Share Posted October 12, 2020 8 minutes ago, ManOfTheHour said: I saw him many times when I go lorong 8 makan. Sometimes see him at central wearing long sleeve shirt. If I got nothing to do, I am always at tpy lol U got go up to him and ask for his autograph bo? 1 Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
Chestnut Posted October 12, 2020 Share Posted October 12, 2020 8 minutes ago, ManOfTheHour said: Bishan got female tyc. Laosai in trousers one 🙊🙊🙊 I wear my new pants i bought frm shopee liao 1 Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 5 minutes ago, Chestnut said: I wear my new pants i bought frm shopee liao What pants is it Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 6 minutes ago, Chestnut said: U got go up to him and ask for his autograph bo? No. I heard he doesnt like to be recognised. I saw him take 235 or 238 1 Link to comment Share on other sites More sharing options...
Chestnut Posted October 12, 2020 Share Posted October 12, 2020 5 minutes ago, ManOfTheHour said: What pants is it Home shorts la. Similar to the ones u saw at north bridge rd lo Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 12 minutes ago, Chestnut said: Home shorts la. Similar to the ones u saw at north bridge rd lo Ah ok. Fits well? Lol 1 Link to comment Share on other sites More sharing options...
Chestnut Posted October 12, 2020 Share Posted October 12, 2020 19 minutes ago, ManOfTheHour said: Ah ok. Fits well? Lol Abit short. The length no consistent Shalala lala la la ~ 🌠 Link to comment Share on other sites More sharing options...
ManOfTheHour Posted October 12, 2020 Share Posted October 12, 2020 5 minutes ago, Chestnut said: Abit short. The length no consistent Wear as underwear Link to comment Share on other sites More sharing options...
Bigbird Posted October 12, 2020 Share Posted October 12, 2020 What am i miss out on this high price HDB? Depreciation is ~S$1-2K/yr is ok is it? S$600/yr depreciation is too xiaxuay isit? 1 Link to comment Share on other sites More sharing options...
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