Are DBSS worth it?

[kellytan]

Saw many of you here thinking of getting a DBSS, just wondering about your opinions whether they are worth it? I'm trying to decide whether I should go for BTO or DBSS, but i'm not fully convinced that things like the extra furnishings etc are worth the extra cash.

Any brides care to share your views?

[rojak]

comparing BTO and DBSS, nope. the extra furnishings don't cost THAT much more. plus, DBSS is meant to look nicer, like a condo.. but nowadays, BTO designs are gettting nicer and nicer, it's hard to differentiate between a new BTO and a condo.. doesn't justify paying hundreds of thousands more for something tt you will not lose if you don't buy a DBSS

[rosepetals]

i reckon it's more of the location, DBSS are more in matured estates.

[iqnaij]

Depends on needs I guess

[appleisblack81]

I dont really think its worth it because quite frankly the facilities arent as comprehensive as a full fledged private condo. Unless the location very good. Otherwise, i dont think you should invest in it.

[happydrf]

i agreed. Don't think is worth it for the price. Would rather opt for EC instead

[lagure]

EC will be a better option just from the facilities alone!

[Jiemin]

DBSS = rich man HDB
EC = poor man condo

DBSS price is too high and the some with very small unit.
Look at Trivelis, their 4rooms is only 82sqm (883sqft) cost $530K~$650K which is $600psf~$736psf.
The upper range is around the same as EC upper range.
Factor to consider when you buy a flat is the resale value 5 years down the road?
Secondly, are you able to forsee a resale DBSS cost $795K(+$100psf)?
Increase by $100psf is easily possible for HDB since the price is low but will make the pricey DBSS to be cost even more.
If I want to get re-sale flat, I will go for normal HDB around the DBSS instead of the DBSS itself since most prefer to do a major renovation.

[emilyy]

i feel that those DBSS or EC in mature locations like bishan, clementi and toa payoh sure increase in price. in singapore, those housing in prime areas only increase, never decrease.

[zyroo]

Imho, furnishings, fittings and renovation decreases in value over time.

We are seeing/ have seen an increase in price now only because of our economy and fiscal policies. No one remembers the period in 2001-2004 when the housing market was in doldrums. That time a lot of households were holding on to negative equity, that is, the value of their house is lesser than their mortgage.

For sake of prudence, i think BTO could be better. I saw Park Central and Trevelis. Not that impressive. Could save the money better for good reno on BTO or EC which may give you better "social" returns.

[ttpw]

I would think EC is more worth it compared to DBSS. U can sell EC after 5 yrs like a private house.