Recent conversations with friends have made TODAY correspondent SenTODAY question whether he is being too dewy-eyed about his Build-To-Order flat and if he should instead view it as nothing more than a financial investment.
Mr Nicholas Mak, head of research and consultancy at ERA Realty, said: “So if you are comfortable living in that place, if it serves your family well, if you like the community there, why sell?“ Answer: To prevent accrued interest from building up!
After GCT's infamous 'More Good Years' election campaign, a HDB flat is no longer a person's home but a money spinning commodity. It is nothing about community roots, and all about personal wealth!
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