Million Dollar HDB Flat Guide: Who is buying them, and where

23-Feb 2025 Sunday 2:10 PM (79 days ago)

*Platinum Member*

Centennial Member

Posts: 109602
Liked By: 63383
Joined: 30 Jun 10
Followers: 3

Tipsters
Championship:
Player has
not started

AsianBookie Tipsters Championship
Member of Team:
BIG GUY's team
(Est. Jun 2021)
Team Ranked: #2 - Team Score (Top 50 Members): AB$ 75,330,312 Total Members: 1407

Like

LONGSTER

23-Feb 2025 Sunday 2:11 PM (79 days ago)

*Platinum Member*

Centennial Member

Posts: 109602
Liked By: 63383
Joined: 30 Jun 10
Followers: 3

Tipsters
Championship:
Player has
not started

Million Dollar HDB Flat Guide: Who is buying them, and where?
Why buy a million-dollar HDB flat instead of a condo? Here's why

27 Feb 2023
Million Dollar HDB Guide
Public housing that costs a cool million – a surreal but true-to-life phenomenon that surely deserves its own article.

HDB flats that crossed the $1 million mark have been a fairly recent phenomenon. In spite of the Covid-19 pandemic, a total of 82 Housing Board flats were sold for at least $1 million in 2020, up from 64 in 2019.

Content

First-Ever Million Dollar HDB (2012)
14 Million Dollar HDB Flats in Singapore
Buy Million Dollar HDB or Condo? 5 Pros and cons
First ever million dollar HDB flat in Singapore

The "million-dollar flat" phenomenon started in 2012 with a unit at Mei Ling Street in Queenstown.

The first-ever million dollar HDB flat sale was recorded in July 2012 for a 150 sq m executive apartment in Block 149 Mei Ling Street in Queenstown. Three months later, in October 2012, a 163 sq m executive maisonette in Block 194 Bishan Street 13 was sold for $1.01 million.

This triggered seven-figure asking prices for a growing number of HDB properties from 2013 onwards - albeit most of the million dollar HDBs back then were HUDC apartments. The public baulked at such prices and the thought that HDB flats – built by the Government to provide affordable public housing – could potentially command such sky-high prices. If you were to list your HDB flat for a million dollars back then, people called your asking price wishful thinking.

AsianBookie Tipsters Championship
Member of Team:
BIG GUY's team
(Est. Jun 2021)
Team Ranked: #2 - Team Score (Top 50 Members): AB$ 75,330,312 Total Members: 1407

Like

LONGSTER

23-Feb 2025 Sunday 2:12 PM (79 days ago)

*Platinum Member*

Centennial Member

Posts: 109602
Liked By: 63383
Joined: 30 Jun 10
Followers: 3

Tipsters
Championship:
Player has
not started

Million Dollar HDB Flats: Who is buying them?

Who were these early buyers of million dollar HDBs? Mike Wong, associate director of Orange Tee, noted that potential buyers are mostly aged in their early 40s, but some are also young yuppie couples. “Most potential buyers are downgraders who have sold their private property at a tidy profit; they tend to look at the price as a whole, not at the COV,” he notes.

However, the appetite for such flats has grown over the years. Today in 2023, million dollar HDBs are a norm. This has spawned a new generation of HDB BTO buyers who are buying with the intent and consideration of possible million dollar resale values after the Minimum Occupation Period (MOP).

AsianBookie Tipsters Championship
Member of Team:
BIG GUY's team
(Est. Jun 2021)
Team Ranked: #2 - Team Score (Top 50 Members): AB$ 75,330,312 Total Members: 1407

Like

LONGSTER

Find all Topics Started by seelangui

23-Feb 2025 Sunday 2:14 PM (79 days ago)

*Platinum Member*

Centennial Member

Posts: 109602
Liked By: 63383
Joined: 30 Jun 10
Followers: 3

Tipsters
Championship:
Player has
not started

AsianBookie Tipsters Championship
Member of Team:
BIG GUY's team
(Est. Jun 2021)
Team Ranked: #2 - Team Score (Top 50 Members): AB$ 75,330,312 Total Members: 1407

Like

seelangui

Find all Posts by seelangui

Find all Topics Started by tng thong kuo

PM seelangui

23-Feb 2025 Sunday 3:59 PM (79 days ago)

*Diamond Member*

Posts: 95022
Liked By: 62328
Joined: 30 May 11
Followers: 29

Tipsters
Championship:
AB$: 41,875
Ranked: #2307

https://www.facebook.com/share/v/1AzFd4D3m5/?mibextid=NnVzG8

Auntie fav😂

see what you want to see believe all you see
My current Mission is keep wining until S_P 斗/close shop
use main & sub method unit 1 unit= $20:
Use main bet as base the rest side bet to add on to max win or more Name it Eye jackpot system 南神眼

betting records at
http://forums.asianbookie.com/viewmessages.cfm?Forum=45&Topic=2112557

AsianBookie Tipsters Championship
Member of Team:
東方不敗
(Est. Nov 2013)
Team Ranked: #109 - Team Score (Top 50 Members): AB$ 655,000 Total Members: 19

Like

tng thong kuo

Find all Posts by tng thong kuo

PM tng thong kuo

09-May 2025 Friday 2:24 AM (5 days ago)

*Diamond Member*

Posts: 69948
Liked By: 54175
Joined: 11 Mar 09
Followers: 19

Tipsters
Championship:
AB$: 962,812.50
Ranked: #998

Once in your life you will come across a special person that makes you happy, supports you and makes you a better person, don't let them go!

AsianBookie Tipsters Championship
Member of Team:
BNW
(Est. May 2019)
Team Ranked: #1 - Team Score (Top 50 Members): AB$ 93,014,375 Total Members: 1551

Like

LONGSTER