Home > News > PropNex lauds latest HDB launch as timely affordability

Press Release

|December 18,2008

PropNex lauds latest HDB launch as timely affordability

Share this article:
PropNex lauds latest HDB launch as timely affordability
HDB’s latest launch of Dew Spring @ Yishun, consisting of 864 units across seven blocks, is viewed by leading real estate agency PropNex as a timely move.
 
Boasting a modern and contemporary design, 43% of the flats offered are of the 2- and 3-room variety, with prices of $76–90k for the 2-room units and $120–146k for the 3-room units. There are also 4-room units available from $197–238k.
 
“These HDB flats are priced very attractively,” observes Mohamed Ismail, PropNex CEO. “The smaller units are actually going at below $200psf, which is very much below the median resale prices for that area in the last quarter.”
 
It is his opinion that HDB’s launch of the smaller units was timely amidst the current economic uncertainty.
 
“HDB’s efforts to reach out to the lower-income bracket with more affordable units is certainly commendable,” Mohamed Ismail adds.
 
As the units are situated not far from the golf course and a reservoir, Mohamed Ismail expects an oversubscription for these units of about four times.
 
 

Explore Your Options, Contact Us to Find Out More!


Selling your home can be a stressful and challenging process, which is why it's essential to have a team of professionals on your side to help guide you through the journey. Our team is dedicated to helping you achieve the best possible outcome when selling your home.

We have years of experience and a proven track record of successfully selling homes in a timely and efficient manner.

Find Your Ideal Property: Take the First Step and Indicate Your Interest!



More Property News

Discover New Launch Projects