Peak-A-Boo!

I have never done as much research and homework on HDB housing regulations until a week before. All thanks to the 5 "Peaks" below.

The newly launched DBSS project "The Peak" at Toa Payoh Lor 1 is not those type which will appear to be immediately attractive. Compared to its counterparts at AMK and Bishan, it is an elderly town. There is also less vibe considering there is no major shopping malls nearby. Nevertheless, due to curiousity, we went to view the showflat last sunday and we were pleasantly surprised and delighted by the stylish design of the flats.

After viewing the second time, the two flats we eyed on are the 21st storey high ceiling 4-room flat at $500k, and the 18th storey 5-room flat at $580k. And yes, both are at atrouciously high prices. After some research, older flats with similar floor area are costing as much in the TPY and AMK area, and so I stop feeling short-changed =)

With flats priced at $730k at the 42nd floor, I really wonder if flats in Singapore will ever break the 1M barrier?

Sigh, What to do... the lows of property market in 2001-2003 is long over, and flats at premier locations come at a premier price. Furthermore, TPY flats have always stolen the limelight but topping the list with the highest average COV among HDB estates. What attracted us most, is that The Peak is only mins walk from TPY MRT station and the lifts come with security card accesses just like a condo. The interior renovation is also provided, from full tiling, wall painting to build-in wardrobes, water heaters, stoves and air con. Pretty enticing to me =)

But seriously, I will not be overly disappointed if we did not successfully ballot for the TPY flat, as Bishan is going to be THE place to live, at least in the next 10 years. With the MRT circles line interchange opening this month, lift upgrading, property prices in Bishan is likely to soar to another new level....

So, lets just cross our fingers and leave it to Heaven's will =)