Uncle8888 bought his 4 room HDB at $55K in 1987 in those days ulu area formerly known as Punggol Rd (Kang Kar); but later his home address was re-named as Hougang Ave 10 and doesn’t sound ulu!
1. Taking Yishun 4 room at $196K. CAGR over 30 years of HDB housing cost is about 4.1%
2. Taking Sengkang 4 room at $219K. CAGR over 30 years of HDB housing cost is about 4.5%
What is the issue with BTO housing cost?
Buying resale is different story. You have to give investment profit in order to take over other people’s asset. That is the rule of any investment! …