Me and a group of friends were preparing for a retro theme party the other day. We all agreed that rose syrup cordial was a must-have. However, we absolutely failed to agree on the brand.
A went, "Brand X has a more fragrant scent!"
And B went "But brand Y has a nicer color!"
C joined in the fray "Who cares about those! Brand Z tastes least artificial!"
Suddenly it occurred to me, that a rose by any other name smells just as sweet. Likewise, a rose syrup by any other brand, would taste just as sweet.
No discussion about the property market in Singapore is complete without also looking at public housing. It forms the bedrock of foundation. The HDB resale price index is still on the rise. Any property investor worth his salt would tell you, HDB has hitherto been the highest yielding residential property asset class. The question now then, is: Is it still that?
Lets take a look at recent movements in the resale market for a matured estate HDB like Bedok.
Focus on Blk 214. From the recently resold pricing, you can tell that the yield is still very decent at above 5.5%.
Now let's look at a non matured estate Bt Panjang. Check out Blk 250. Similarly, a great yield is possible. This time even better at above 7%!
Those were the resale prices. Imagine what yield would be for the first hand BTO owner?
