Navigating the dynamic Singapore Lifestyle together with you to uncover Value 性价比!
The concept was explored in this Business Times article.
High ratios suggests that buyers may have to stretch their budget to finance the purchase.
Limitations
The ratio is computed based on historical information, and therefore does not necessarily represent future purchasing power.
It also does not reflect borrowing power of the purchaser.
How do you think about affordability? Or is the concept moot given the uncertain times we are in? Share your thoughts in the comments below.
Serangoon is a quintessential mature estate in Singapore, often cherished for its established community, the bustling NEX shopping mall, and the legendary Chomp Chomp Food Centre. For many, it's a place of comfort and convenience. However, in today's dynamic property market, homebuyers and investors are asking a more critical question: Does a resale HDB flat in Serangoon represent real value and future growth potential?
As we navigate the final quarter of 2025, this article moves beyond nostalgia to provide a data-driven analysis. We will dissect the four critical pillars that determine Serangoon's investment merit: Price, Supply, Future Growth, and Regional Transformation.
Key Investment Takeaways:
- Strategic Pricing: More affordable than prime mature estates like Bishan, offering a superior value proposition for its central location and amenities.
- Supply Scarcity: With no new BTOs, resale prices are well-supported by perennial and consistent demand.
- Future-Proof Growth: Tangible upgrades like Singapore's largest Polyclinic and the high-potential commercial plot beside NEX are set to boost liveability and value.
- Regional Transformation: Uniquely positioned to benefit from the massive Paya Lebar Airbase redevelopment and the growth of the Punggol Digital District.
Read this article in the Sunday Times and thought I would apply the principles to an area I am familiar with - the mature estate of Serangoon!
Read this article in the Business Times which might be of interest.
Industry expects more HDB dwellers to move to matured public housing estates or private residential properties. This is as more owners of new Housing & Development Board flats complete their minimum occupation period between 2020 and 2023.
At risk of oversimplifying, this is the classic case of the rich getting richer and the poor getting ....
Singapore data shows that people in the 61st-90th income deciles are upgrading into condos at a faster pace than those from lower income deciles.
Blue collar workers are often required to be present physically at the workplace due to the nature of the work. Many lost their income due to closures of non-essential work locations. In contrast, white collar workers could often work from home during the shutdown.
This is consistent with DBS's finding here, inter alia, that the lower income group is bearing the brunt of the pandemic.
Mortgage rates have fallen in line with the drop of benchmark rates. Sub-1 per cent rates are even being offered to affluent clients depending on loan quantum.
The previous en bloc cycle was in Q2 2016 when inventory fell to 23,000 unsold residential units.
In Q3 2020, inventory has fallen to 26,600 units, signalling undersupply in the primary market.
There has been increased activity in the Sentosa Cove bungalow market in recent months, partly driven by buyers from mainland China.
Do you agree with these drivers? How can you leverage the momentum and participate in the value creation cycle?