Well, well, well… it seems this humble feline has finally achieved internet fame! 🎉
I was recently made aware (thanks to a future neighbour that recently stopped to say meow, meow, tsk tsk tsk) that a certain popular property website decided to feature yours truly – the legendary Pine Ville Cat who has an unhealthy obsession with Fried Rice. Yes, that’s me! The cat blogger who somehow convinced humans to take real estate advice from someone who spends half the day licking themselves. 😸
BREAKING NEWS: Cat Did NOT Actually Buy $538k Flat! (Shocking, I know)
Let me set the record straight before the Straits Times starts running headlines about “Millionaire Moggy Takes Over AMK.” Yours truely did NOT fork out $538,000 for that 4-room HDB on the 20th floor. My bank account consists mainly of lint, cat treats, and the occasional $2 note I find under the sofa cushions.
As for where this infamous Pine Ville Cat will be currently taking power naps under the scorching afternoon sun in Pine Ville… well, that’s for my devoted readers to figure out! Think of it as a very expensive game of hide-and-seek. Clues are scattered throughout my posts like breadcrumbs, except these breadcrumbs cost half a million dollars. 🕵️♀️
The Great HDB Price Olympics 🏃♂️💨
The whole point of my original post was to play “Pin the Price Tag on the Flat” – taking a random unit available to us SERS refugees during our 2023 selection exercise and comparing it to the February 2025 pricing.
Spoiler Alert: Prices went up faster than a cat chasing a laser pointer!
The 18-month price jump perfectly captures Singapore’s housing market reality: prices appreciate faster than my appetite when the kibble bowl gets refilled. For those brave souls who selected Pine Ville (a “matured estate” – aka old but with character, like a vintage wine or my Aunt Meow), that 5-year MOP period is probably looking pretty sweet right about now. Some are already counting their future profits like I count my daily nap hours.
A Purr-spective on Future Generations 🐾
But here’s where this cat gets serious for a hot minute.
While we’re all doing victory laps around our ever-appreciating assets, let’s spare a thought for the kittens of tomorrow – your kids and grandkids. They’re going to inherit a world where a shoebox-sized flat costs more than a small island nation’s GDP.
Current Market Reality Check:
- Pine Ville 2nd floor, 93sqm 4-room flat: $552,600 – $563,800
- Translation: More expensive than my entire family tree’s net worth combined
Meanwhile, my current AMK SERS resale flat tells a tale of two decades:
- Late 90s: $240,000 (excluding HDB grants, 80 years lease remaining)
- 2025: Similar flat 1 bus stop away = $630,000 (53 years lease remaining)
Dear Mr. Bala: Your Math Needs a Reality Check! 📊
So WHERE IS MR. BALA?! 📢
I have urgent news for this mysterious mathematical mastermind: Your lease decay curve is doing the cha-cha when it should be doing the tango! It’s pointing the wrong way, buddy!
According to my highly scientific observations (conducted between naps), the older your HDB gets, the HIGHER the price climbs. It’s like vintage wine, classic cars, or my increasingly distinguished grey whiskers – age adds value!
The Pine Ville Cat’s Official Housing Formula:
Older Flat + Less Lease + More Demand = HIGHER PRICE
Old is Gold, right?! At this rate, by the time these flats hit their 50th birthday, they’ll be worth more than cryptocurrency! 🚀
