Wednesday, July 18, 2012

$3256 for 1 square feet

An apartment at Reflections at Keppel Bay was sold for $11 million which translate to $3256 psf.  I looked down at my room floor tile which each measured 1 by 1 feet. It is something an ordinary folk like me find 'amazing' - paying much for condo with only a 99 year lease.

Then there is this house that is sold at $20.8 million with a floor area around 22,000 sq ft. This one is freehold and going at $959 psf. Surely this is better value investment compare to the condo.

This house is 22  times larger than my HDB flat. Can't imagine needing so much space to live in, though a large garden is a welcoming thought.

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