HDB FLATS AS EXPENSIVE AS DETACHED HOUSE IN JB, TIME TO BUY HOUSE IN JB?

Dear A.S.S. Editor

Prices of houses, just like many other things in Singapore, is going sky high. Now, to buy a good house in a very good location, you need at least $300k. That means, paying off the debts of your house for as long as you live. Plus, everyday items like groceries, food and daily necessities are also priced so high, that a trip to the supermarket will feel like a shopping trip for Christmas gifts buying spree. Prices so high, whatever you earn in the month all used up before you can save.

Now that Singapore and Malaysia discussing about the High Speed Rail and also the connection of the MRT line into JB, it will become easy to move back and forth between Singapore and JB. Housing prices in Singapore not dropping anytime soon, and so are prices for most things in Singapore. Now that Malaysian Ringgit also dropped so low, prices are very attractive in JB. $500k SGD can buy you a huge detached house at Iskandar, which is right across the sea from Sembawang.

If you don’t care about the reports of high crime rates on JB, living there sounds like a good idea. Maybe then HDB will really try to make their BTOs more affordable to average Singaporeans?

Azhari B

A.S.S. Contributor

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