Top 10 Cheapest HDB – 2013

So, PM Lee whom spoken on National day Rally 2013 last night did mention that he will make housing affordable to all Singaporean. Quoting an example of a 3 Room BTO priced at $150000 up in Fernvale Riverwalk.

fernvale_riverwalk fernvale_riverwalk_location

It is very affordable indeed. Considering the fact that it is a newly built HDB apartment with fresh 99 years lease. LRT is just in front of your door steps. Nothing much to complain about seriously except the waiting time for the apartment to get ready. 

So I guess you guys might be wondering what can you buy with Budget around $150000 in the HDB resale market right? Answer is YOU CAN”T BUY ANYTHING. 

According to the Statistic from the HDB and major property firms, the Top 10 Cheapest HDB sold till date for the year 2013 transacted above with a minimum price of $230000. Lets take a look.

#10

Blk 66 Circuit Road

Type – 2’STD’

Size – 484.38Sqft

Price – $248,000  /  $512.40psf

Remark – Built in 1967 with a balance of 53 years lease left. It might be affect by  CPF housing withdrawal limit Beside this, the location is great. Walking distance to Macpherson MRT and market. With the plan to move paya lebar to Changi, I’ve got a strong feeling that this area got strong potential. Maybe Enbloc in the next 10-15 years time?

10 - 66 Circuit Road 2'STD' Streetview 10 - 66 Circuit Road 2'STD' Map

#9

Blk 43 Circuit Road

Type – 2’STD’

Size –  441.32Sqft

Price – $245,000  /  $555.56psf

Remark – Built in 1971 . Located just across Circuit Road Hawker Centre and within 3 Mins walk to the future Mattar MRT. Estimated date of completion: 2017

9 - 43 Circuit Road 2'STD' Streetview 9 - 43 Circuit Road 2'STD' Map

#8

Blk 45 Circuit Road

Type – 2’STD’

Size –  430.56Sqft

Price – $243,000  /  $ 565.12psf

Remark – Built in 1971 . Located just across Circuit Road Hawker Centre and within 3 Mins walk to the future Mattar MRT. Estimated date of completion: 2017

8 - 45 Circuit Road 2'STD' Streetview 8 - 45 Circuit Road 2'STD' Map

#7

Blk 218 Marsiling Crescent   ( 2 Units transacted )

Type – 2’I’

Size –   484.38Sqft

Price – $242,000  /  $ 500.00psf

Remark – Built in 1986 . Seriously, it is really near to no where except the Woodland Checkpoint.

7 - 218 Marsiling Cres  2'I' Streetview 7 - 218 Marsiling Cres  2'I' Map

#5

Blk 161 Toa Payoh Lor 1

Type – 2’I’

Size –    430.56Sqft

Price – $240,000  /  $  558.14psf

Remark – Built in 1972 . 5 Mins walk will take you to Toa Payoh MRT. Nothing to complain about except that this block is location right in front of PIE. Do expect A lots of some noise.

5 - 161 Toa Payoh Lor 1 2'I' Street View 5 - 161 Toa Payoh Lor 1 2'I' Map

#4

Blk 7 Telok Blangah Crescent

Type – 1’I’

Size –     333.68Sqft

Price – $240,000  /  $    720.72psf

Remark – Built in 1975 . Near to Telok Blangah Hawker centre and SAFRA Mount Faber. SAFRA member can go for a free swim. Guys, did you notice the Price per square foot? Whooping $720.72 psf for a almost 40 years HDB. GOD….

#3

Blk 7 Telok Blangah Crescent

Type – 1’I’

Size –     333.68Sqft

Price – $  238,000  /  $ 714.71psf

#2

Blk 7 Telok Blangah Crescent

Type – 1’I’

Size –     333.68Sqft

Price – $      235,000  /  $705.71psf

Remark – Seems like there is really a concentration of cheap HDBs n Telok Blangah.

4,3,2 - 7 Telok Blangah Crescent 1'I' Street View - 4,3,2 - 7 Telok Blangah Crescent 1'I' Map

#1

Blk 112 Ho Ching Rd

Type – 12’I’

Size –     613.55Sqft

Price – $      230,000  /  $705.71psf

Remark – Drum roll…. Cheapest HDB goes to Blk 112 Ho Ching Road. Built in 1970s. Pretty near to Chinese Garden and a few bus stops to Lakeside MRT. For buyers, if you are eligible for CPF family Grant, Additional Housing Grant etc, you might be paying even less.

1 - 112 Ho Ching Road 2'I' Map 1 - 112 Ho Ching Road 2'I' Street View

Did you notice, most of the cheapest units in Singapore are built in the 60s 70s and size not more than 620Sqft. Some location are not bad seriously and If buyer do not mind the age of the property ( and the size of cos ) and do not have the time to wait for BTO, this is another alternative.

For the price wise, few have transacted above $700psf. YES!! $700psf for a 30-40 years old HDB. It makes those new launch EC and mass market condo not that expensive after all.

So now, do you think it is expensive to own a property in Singapore? Lets Vote.

So, wanna know how much your property worth? 

SMS <VALUE> ”  ‘PROPERTY ADDRESS’, ‘PROPERTY TYPE’, ‘NAME’ to 98803768  and i shall be able to assist you

Example – <VALUE>’blk 1 Tiong Bahru Road #03-03 ‘ 5’A’ ‘Peter’

Source – HDB, Propertyguru, Onemap.sg, Googlemap

3 responses

  1. Hi, I’m working somewhere in town and require to look for a unit nearby. We are family of four and interested to get a maisonette or a 5room. I saw some Toa Payoh EM at $790,000 I thought I prolly could use your expertise as I would like to move to somewhere potentially profitable. We are currently first owner of Punggol flat.

    1. hi Rafidah, nice hearing from you. You mention that you are the first owner of Punggol flat, most likely you will be sitting on a profit now.

      I need to do a financial calculation for your family so as to work out a plan for you.

      Could u please SMS me @ 98803768 so that we can discuss further about it? We can make an appointment at Punggol to discuss this matter further.

      Cheers and have a nice day.

      Rgds
      paul Ng
      HSR international Realtors pte Ltd
      CEA Reg : R006490H

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