25 Jun '11, 2am

DBSS residents expect good resale prices (via ST iPhone App)

DBSS residents expect good resale prices (via ST iPhone App)

Some DBSS residents have found the workmanship of their units not up to expectations. For example, Mr Wei Xiaodong, 31, seen here in the master bedroom of his DBSS unit at The [email protected], found a door infested with termites about a year after moving in. -- ST PHOTO: LIM WUI LIANG THEY may have paid high prices, but residents of Design, Build and Sell Scheme (DBSS) flats said they are confident that the better location of their estates will land them good resale prices in future. Industry observers and academics agree that it is the location - and not so much the touted better fittings and design - that could help the owners command a premium in the resale market. DBSS flats have been in the news after the developer of the Centrale 8 project in Tampines drew flak for pricing units at high prices. PropNex chief Mohamed Ismail said: 'Today, it is a DBSS flat, but five ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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