Earlier, it was reported that four HDB flats at Bidadari’s Alkaff Vista estate recently crossed the S$1 million mark following the completion of their Minimum Occupation Period (MOP), signalling the rising demand for homes in the centrally located estate.

These high-value transactions took place between August and September 2024, with the highest being a five-room unit that sold for S$1.2 million last month.

The other three, all four-room flats located at Block 106B and Block 106A, changed hands for prices ranging from S$1.08 million to S$1.17 million.

According to HDB’s website, another unit at Block 105A, a low-floor flat, was sold for S$937,500.

Property Agents Flood Estate, Prompting Residents to Put Up Signs to Ward Them Off

In a report by Shin Min Daily News, several residents have complained about being inundated by property agents.

Some residents have reported daily visits from agents, prompting them to put up signs requesting that agents refrain from knocking on their doors, as they have no intention of selling.

At least 200 residents have reportedly placed “Do Not Disturb” signs outside their homes to ward off these unsolicited visits.

According to residents, agents typically knock on doors during weekday evenings, but since the signs were posted, many agents have taken the hint and now leave brochures instead.

Alkaff Vista is a Build-to-Order (BTO) project consisting of four blocks, was initially launched between 2015 and 2016.

Prices for four-room flats ranged from S$433,000 to S$682,000 during that period, depending on factors such as floor level and location, according to PropertyNets.SG.

Social Media Users Fear Rising Housing Costs May Impact Future Generations

Public reaction to these million-dollar flat sales has been mixed, with many expressing concerns on social media about the rising costs of public housing.

Some worry that the trend of million-dollar flats making headlines could make it more difficult for future generations to afford homes.

One comment recalled that the government had previously stated only about 2% of transactions would exceed S$1 million.

He expressed concern for future generations, stating that even with grants, they may still need to pay more than S$500,000 for a new flat.

He questioned how Singaporeans can increase the birth rate while also ensuring sufficient retirement savings.

The comment referred to a recent statement from HDB asserting that public housing in Singapore remains affordable and attainable for citizens.

It noted that million-dollar flats made up only 2 percent of total resale transactions in the past 1½ years.

HDB also pointed out that these high-value flats primarily consist of maisonettes, executive apartments, jumbo flats, and five-room units with desirable features, such as prime locations.

Netizens Voice Concerns Over Speculative Trends in HDB Resale Market

A netizen even questioned whether the current HDB resale market has “become a lottery”, with some hoping to secure en bloc or BTO units in high-demand areas. “This island is one big casino!” he remarked.

Another echoed this sentiment, noting that those who pay over S$1 million for an HDB flat are often individuals who have sold their landed properties and downsized to single-storey flats for retirement, freeing up cash in the process.

Another netizen pointed out that some view properties in mature estates as profitable investment opportunities.

The comment suggesting that buyers are rushing to purchase properties there, hoping to cash in once they are eligible to sell after the five-year mark, potentially earning a fortune for the first owner.

He suggested that if the government sells flats to citizens who no longer need them, it should take the flats back at a reasonable price and resell them to those in need.

He emphasised that these flats should not be placed on the open market, as they must adhere to HDB regulations, noting that HDB properties are not private assets to begin with.

A comment expressed frustration and concern over the government’s allowance of high-value HDB flat sales, which they believe contradicts the purpose of subsidised housing meant for poor and middle-income citizens.

He highlighted perceived loopholes in the system, as rising prices make it difficult for some citizens to afford homes, even with CPF (Central Provident Fund) assistance.

SINGAPORE: Last Friday (4 Oct), SMRT addressed concerns regarding the flooring in some of its trains through a Facebook post, explaining that the surfaces may appear “dull and spotty” due to dirt accumulation trapped within the sealant.

The train operator outlined the steps being taken to restore the flooring to a cleaner condition.

Accompanying the post were photos showing SMRT workers cleaning the fourth-generation C151A trains.

After the initial cleaning is done, workers will then apply a fresh layer of sealant on the floor.

The cleaning process involves two steps: first, scrubbing away the trapped dirt, followed by the application of a fresh layer of sealant.

SMRT also noted that this process has been completed on most trains in the C151A fleet.

While many netizens expressed appreciation for SMRT’s efforts to enhance the appearance of train floors, some suggested extending cleaning maintenance to various stations.

One user pointed out the presence of thick dust and grime, particularly in high-traffic areas such as Orchard, Dhoby Ghaut, Little India, and Farrer Park.

The discussion also referenced a recent Facebook post by Lim Tean, the leader of the Peoples Voice (PV), who first raised the concern about the train floors.

On 1 October, Lim shared an image taken while riding the East-West Line, highlighting the “speckled flooring” he claims is a common sight.

“Doesn’t this look like a train in a third-world country? Has SMRT gone Bohemian, thinking that the trains they operate should exhibit a ‘natural wear and tear’ look, in line with their philosophy of not over-maintaining?” he questioned.

Lim further critiqued the privatisation of public services, alleging that corporate shareholders reap generous returns year after year at the expense of everyday commuters.

Lim’s post has since attracted over 220 shares, sparking further conversation about the state of public transportation in Singapore.