Showing posts with label Bukit Panjang. Show all posts
Showing posts with label Bukit Panjang. Show all posts

Friday, May 20, 2011

Skywatch Friday - Land

Land for sale. Singapore is a very tiny country and you cant even see it on the world map. So buying a land in Singapore is a very expensive business.


I think it will be another condominium on this land. Already there are two malls near this piece of land.


Spot the difference in the above and below photos. The above photo is public housing and the below is private housing. It is not cheap to buy public housing in Singapore and definitely very expensive to buy private housing too. It costs at least 6 figures for a public flat and some private housing can cost 7 figures depending on the location. It will be more expensive if it is near a shopping mall or MRT station. Forget about getting a private housing in Orchard Road unless you are really very rich.

But it is really funny that some public flat can actually costs more than a million dollars but this is very rare. I wonder why people want to pay so much for a public flat. One reason is that they downgraded from a landed property and wanted a flat near amenities and they can afford to pay such prices for a good location.

Public housing in Singapore are very well designed and each town have their own amenities and transport system.

How do the average Singaporean afford such flat? Most get loans and have to pay in 20 or 30 or 40 years depending on the size of the flat. But on the bright side, if you get a flat direct from the Housing Development Board (HDB) with subsidies (for first and second purchases of flat only) you normally make a profit when you sell it in the open market after staying in the flat for a required number of years (I think is 5 years) and get another subsidised flat direct from HDB.

But proper calculations and homework have to be done before you decide to buy your second flat direct from HDB, you have to include the sales levy depending on the size of the flat and check if you actually can make a profit. Even though you make a profit, you have to remember the profit might be small and enough to pay for the renovation of the next flat. But there are some people that make more than enough profit. (This is not meant as a proper guide for anyone getting a flat in the near future

Even though we are discouraged from making a profit out of the HDB flat but if we can sell and recover our housing loans, why not. Dont think anyone want to be a slave to our flat.

Each Singaporean can apply a flat direct from the HDB twice only. HDB flats are not for sale to foreigners.


For other sky watchers, please hop over to Skywatch blog.

Thursday, May 19, 2011

Bukit Panjang Shopping Mall



In almost every town in Singapore, there's a mall within the town to cater to the residents. It make shopping convenient for the residents, they dont have to travel far to town to shop. Singapore is a very small country but our people are so busy working and having a mall near their home helps a lot to get their groceries done.




Wednesday, May 18, 2011

Bukit Panjang - Ten Mile LRT Station


The above photo shows the Ten Mile Junction Shopping Mall. It was closed for renovation.

In few years time it would be linked to the not yet completed Bukit Panjang MRT Station. At present the LRT Station at Ten Mile Junction will closed due to the renovation but I found a video in You Tube showing the LRT station at Ten Mile Junction.

The above video was not taken by me.

Tuesday, May 17, 2011

My World Tuesday - Bukit Panjang

Been a long time since I visited this central north-western part of Singapore. The last time I came here was about twenty years ago...lol. Singapore is a tiny island but there are so many corners of the island that I have yet to visit.


Much changes in Bukit Panjang since I last visited. Bukit Panjang is just another town in Singapore where it is self contained with amenities for the residents of the town. Bukit means hill in malay and Panjang means long. Bukit Panjang literally means "long hill" which gets its name from the long range of high hills which ends in Bukit Timah to the south. You can read more information of Bukit Panjang from wikipedia.


Residents can shop at the mall in Bukit Panjang instead of travelling far to the heart of the city to shop.

The flats are linked via the Light Rail Trains (LRT). Residents can take the LRT to Bukit Panjang Mall or connect to the MRT Station in Choa Chu Kang to take them down to town. In a few years time, Bukit Panjang will have their own MRT Station which is the downtown line.



This is one of the LRT Station in Bukit Panjang (it is not the same as the MRT you see in Orchard Road, etc). The whole line is about 7.8 km. and has about 14 stations.


Inside one of the station.

A short video showing the LRT coming out of the station.


Please visit "That's my World" for other parts of the world.