The growth rate of my parent’s HDB in Seng Kang is 2.27% a year. We had this place for 21 years.

The growth rate of an HDB flat is not something we monitor on a frequent basis. There are enough financial figures that I have an eye on that I can monitor a figure less.

I didn’t understood this in the past but now I understand why accountants don’t prospect stocks the way they should. You see so much financial numbers sometimes you feel like vomiting.

There were 3 things that triggered this post.

The first was one real estate agent pamphlet. It is one of those pamphlets we have gotten in our letterbox.

It shows that the last transacted price for a similar floor and similar sized home is $435,000. Since the recent peak 6 years ago in 2013, I don’t recall if prices actually