In the past few years, the gap between a fringe region resale condo and a top-end HDB flat seems to narrow. We’re headed to a point where a buyer might seriously ask the question: is it worth buying a condo for just above a million, when such a sum would get you a prime HDB property such as Pinnacle @ Duxton, an executive flat, or a DBSS project near the MRT. Some buyers might even contend we’re at that point today, and the question is already valid. Here’s what to know and consider:
The narrowing gap between million-dollar flats, and fringe, resale condos
To emphasise how difficult that decision is today, check out the prices at which you can get older or fringe region condos today. Some of the projects in the linked article have three-bedders going at $1.2 million to $1.4 million. In the...