Tuesday, March 27, 2007

Learning to Live Larger

Of course after an en-bloc sale the first thing that the nouveau riche do is find out how much people will be paying for the new apartments that will be built on the en-bloc site. For me the shock came a lot earlier when I was walking The Son back to The Mother's house from Borders. I crossed the road to the newly en-bloc'd Parisian and as I passed the some-time-ago en-bloc'd Anguilla Heights, I saw something very interesting. A showflat, in the middle of a construction site. There was glass and steel and a gorgeous little fountain, with the promise of very cool air conditioning and some respite from the noon Sunday heat. So I dragged the sweaty grumpy Son in, and let him loose to wander the showflat with his little toy cars.

You know something's up when all the salesmen are in full suits. Also, when you walk in sweaty and in shorts and all heads turn to see who's at the door. Uh oh.

To cut a long story short, I wandered through a 3-room 1400 sq feet showflat that had been tricked out to the max. The finishings and interior design was gorgeous. But it couldn't disguise the fact that:

1. you couldn't fit a full size sofa set into the living room;

2. there is no space for the washer/ dryer in the house;

3. there is no maid's room (unless you are willing to spare 1 of the 3 bedrooms)

4. there is no space for the fridge in the kitchen;

5. you have to buy a plasma tv and hang it on the wall, otherwise there is no space in the living room.

Geez Louise. Maybe I can afford this, I thought. How much is a 2-bedroom apartment on the 16th floor? I asked. S$4.1 million.

And how much are the apartments which are going to be built on my mom's old place - which promise a cantilevered swimming pool on every floor? S$15 - 20 million.

How ironic is it that I can't afford - will never be able to afford - to live in the very street where I grew up?

21 Comments:

At 10:33 PM, Anonymous Anonymous said...

I love your blog! But really wonder... revealing too much, wouldn't it be risky if people at the workplace and in your life read this? But I love your blog so much. Hard to find blogs filled with humour nowadays.

 
At 1:09 AM, Blogger valkyrie said...

holy macaroni!

 
At 1:35 AM, Anonymous Anonymous said...

I IS BIG FAN OF YOU. BIG FAN BIG FAN. BLOG MORE.

 
At 8:45 AM, Blogger expat@large said...

Hi, I think you should blog more about your fans. You know, the ones on the ceiling.

I totally agree about new aprtments - there is no room for anything yet still they are quitre large ON PAPER. When I was flat hunting, anything built after 2000 was just Lilliputian in design and was automatically rejected. Where would I put my king-size bed? How can people squeeze a family into these multi-roomed micro flats and why DO people with more money than sense buy them?

 
At 12:26 PM, Blogger flibbertigibbet! said...

agreed! i've managed to fold myself into council flat matchbox rooms bigger than those in apartments in prime areas.

it's mental. maybe money and common sense are mutually exclusive.

 
At 7:21 AM, Blogger The UnCensored Mama said...

I wonder how long will it take before Singapore reaches a crisis point. Higher and higher; smaller and smaller. Soon some folks will be living in the tiniest flats high up in the sky...oh, are they already?

 
At 12:02 PM, Blogger gremlin said...

to the uncensored mama - going off-point here but....your daughter's (I'm assuming that's who she is) so cute!

 
At 6:02 PM, Blogger coern said...

soon we will go the way of london with the micro flats with monstrous rentals. i'd better buy myself a place soon...

 
At 5:53 AM, Blogger The UnCensored Mama said...

Hi gremlin
Yes, she's my little monkey.

hmmm...I thought, at first, that you were saying that I was going of point. Now I understand what you're saying. Says a lot about my tendency to take thing personally, eh?

Sorry, just woke up here....brain no working properly.

 
At 6:07 AM, Blogger The UnCensored Mama said...

Thank you for the compliment, gremlin. You are so very kind.

 
At 1:54 AM, Anonymous Anonymous said...

I really hate them! pls convey.

 
At 4:11 PM, Anonymous kwonghou said...

S$ 20 million! And would it be that, one day, cantilever swimming pool at every floor, like lift-door at every floor, becomes a "standard" feature?

Looks like Singapore's inflation is set to go by the decimal point. How can anyone save for retirement? Whatever I can earn and save means NOTHING by the time I retire. What game are we playing here? What place to live we heading for?

 
At 1:25 AM, Blogger The Pariah said...

Oh, did you ask the full-suited guys about the monthly management fees too? Hang onto something real solid or you will fall out of the window when they finally let on the magic figure! Yes, they will clean your windows for you in future ... at those rates, you bet!

Why did you guys "cash-out" during the enbloc? By cashing-out, you are unlocking the land use potential ONLY for the Developer-Buyer and you have lost out on (a) capital preservation and (b) value appreciation of your original investment. Check-out my blog at:
www.singaporeenbloc.blogspot.com and click on the "one-for-one exchange" to get the whole spiel!

 
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