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Wednesday, April 8, 2009

DBSS Projects and their average selling price psf

This is an article from the newspaper, there are four DBSS projects over the years 2006 to 2008, their total number of units, land price, and average selling price.

1) The Premier @ Tampines (Oct 2006)
2) City View @ Boon Keng (Jan 2008)
3) Park Central @ Ang Mo Kio (July 2008)
4) Natural Loft @ Bishan (Oct 2008)

From the figure, you may notice that in reccent years, the selling price is increased to about $500 psf. This price is very closed to those mass-market condo at $600 psf at not so central area. The benefit of DBSS is it is a HDB, so you are entitled for the government grant, and it has no facilities, hence lower management fee. But again, still, it is a HDB, should you pay that much for that? I not too sure, you got to judge it.

Meanwhile, those shopping around for a property now should keep this checklist in mind:

* Purpose (whether it is for own stay or investment)
* Holding period
* Budget
* Preferred location
* Surrounding environment
* Proximity to workplace, school and amenities
* Accessibility to expressways and public transport nodes
* Rental yield/resale value (especially for investment)
* Reputation of the developer
* Design of building and unit layout.

And to me, most important is to choose one that you can afford.

Click here for more DBSS Projects

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