16 Jun '11, 3pm

Tampines 5-room DBSS flat going for $880k. Khaw Boon Wan, this is considered affordable ah? via @longadin

SINGAPORE: Would you pay S$880,000 for a new HDB flat? That is the top price for a five-room unit at Centrale 8, the new Design-Build-and-Sell-Scheme in Tampines and it sets a new record, surpassing prices of some resale flats in the area. Launch prices for five-room units range between S$685,000 and S$880,000. At 108 square metres, these are smaller than most new HDB flats, but potential customers said the units are better designed. Centrale 8 is located near Tampines town centre, near upcoming developments. Its sales launch saw about 300 customers on Thursday morning. Applications for its 708 units close on June 21. The National Development Ministry told Channel NewsAsia that the developers of DBSS projects have to ensure prices are affordable, and comparable to new HDB projects and the resale and private markets. DBSS projects are open to households earning a combined i...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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Will you pay $880,000 for a HDB flat? #Singapore

Will you pay $880,000 for a HDB flat? #Singapore

sg.news.yahoo.com 17 Jun '11, 10am

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Would you pay S$880K for a HDB flat?

todayonline.com 16 Jun '11, 9pm

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straitstimes.com 17 Jun '11, 1am

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