THEY are among the priciest flats ever launched by the Housing Board, but there has been no shortage of potential buyer

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Shows that Singaporeans got more cash/CPF to burn. Wait a few more weeks and prices will come down sharply silly - the markets are crashing.

It is a free market. Money can buy you most of the worldly possession.

Good luck to those lucky and successfully applicants..

Once the flats are done up, dont forget to invite $$$BT for the house and ar*e-warming reception.

$ also can buy organs.

I'm puzzled by the response. Are rich parents behind these buyers? Or are they risk takers awaiting to make a fortune? How would hdb flats ever stop heading north with presence of these ppl? Someone must be rubbing his hands with glee.

let's examine the fundamental problems. it has been a sole purpose for many singaporeans to cash in on new hdb flats after 5 years. this creates rifts in many families. to ensure hdb homes are roofs over the head, hdb is correct to price it pegged to the resale market. this is suppose to disincentive selling. buy what you can afford, provide your family with a decent home that meets your mortage affordability.

They think their flats can fetch $1mil after 5years??? I don't think so.

Singapore is too small to talk about prime areas. From the extreme East to West take 45mins....and SPoreans still talking about staying Bt Merah, Queensway..etc is nearer to city??? But 80% of the people does not work in the city....

From Jurong or Changi to the CBD is just 20km away.... and Singapore itself is even smaller than a city in some countries. I still cannot understand th difference.

HDB's $8000 income ceiling is not fair. These people earn below $8k and can buy a $600k flat with government subsidy. That's taxpayers' money - why should taxpayers subsidise your luxurious purchase?