With resale HDB flats continuing their relentless ascend to record prices in nearly a decade, it seems that owners can do no wrong, regardless of which floor their flats are located on.
But did you know that there was a time not too long ago when there were actually some HDB flats which no one seems to want to buy, even if they are in a prime location (e.g. Queenstown)? If you noticed, these flats are typically located on lower floors, which are close to the bin centres or reserved for buyers belonging to the minority races under HDB’s Ethnic Integration Policy.
Besides being located near to bin centres, flats on lower floors may also face unwanted noises (e.g. basketball courts) and multi-storey car parks, which can pose a hindrance to the occupants, which has deepened their unpopularity amongst homebuyers....