Quote:
Originally Posted by Unregistered
There are people who are good investors, who timed the market intelligently. And there are people who timed the market wrongly. You and most people belong to the latter group. Not many in the first group, these are the true investors and they are millionaires by now.
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We did not buy a
HDB for investment. We bought for housing. We also did not time the market. We bought a flat because we got married and need to set up family.
What we find incomprehensible is the resale valuation of our flat by
HDB valuers.
We are also not referring to resale flats in the market, we are talking about new flats bought direct from
HDB back in 1996.
It's just so frustrating to know that a 90sqm standard 4 flr flat at say Sengkang bought from
HDB at less than $170k being valued at almost $460k now while our high floor 140+sqm premium flat at another estate bought from
HDB at more than $425k being valued at less than $580k now.
Really wish to know what yardstick does
HDB valuer used.