980k HDB mansionette

[Mockngbrd]

 

 

THE record for the most expensive HDB flat has been smashed. A 19th storey executive maisonette in Bishan has been sold for $980,000. The buyers are paying cash over valuation of $200,000, which is also believed to be a record

 

 

[Jman888]

it is a resale flat between willing buyer and seller, why need to put up KBW photo, i mean clip! make people giddy

[Tayspiderx]

Wat was the COV for the Shun Fu hdb agn?

 

 

[Tjkbeluga]

THE record for the most expensive HDB flat has been smashed. A 19th storey executive maisonette in Bishan has been sold for $980,000. The buyers are paying cash over valuation of $200,000, which is also believed to be a record

Let me guess..... It's gahmen's fault?

[Tayspiderx]

HUDC flat sold for record $1.1 million in Shunfu estate

 

A 1,668 sq ft apartment on a high floor of Block 315 in Shunfu Road has been sold for $1.1 million.

 

This translates to $659 per square ft, in a transaction that was approved in July, before the government's cooling measures took effect in August 30.

 

This sets a record high in Bishan for this kind of phased-out Housing and Development Board (HDB) project, which does not offer condominium-like facilities.

 

The flat had been valued at $900,000 - which means the buyers paid cash-over-valuation (COV) of $200,000.

 

Not record...same 200k COV but the Shun Fu one still holds record as most expensive hdb

 

 

 

[Tarzan666]

shunfu 1 is hudc...slated to be privatised.. so 1.1m is ermm cheap??

 

like eunosville & tampines court..all from hudc.

[Tarzan666]

wait..eh..19th storey EM in bishan for 780k minus the cov?

 

So cheap meh...tamp EMs aredy commanding dat kinda price.

[Joseph22]

THE record for the most expensive HDB flat has been smashed. A 19th storey executive maisonette in Bishan has been sold for $980,000. The buyers are paying cash over valuation of $200,000, which is also believed to be a record

This is open market, nothing to do with HDB. willing buyer willing seller.

 

if HDB dont allow, you will come post and KPKB from another angle.

[Yrvsport]

it's juz normal nowadays on such values....no surprise anyway..

[Tayspiderx]

Let me guess..... It's gahmen's fault?

HOw is gahmen related when pple got money to spend.

 

somemore read its 1800 sqft n only 48 of such flats in the whole of Singapore

[13177]

Paid $980k for a hdb flat???

[Eyke]

gahmen related coz they based new flat prices on resale flat prices

in an ever-increasing positive feedback loop!

[Tarzan666]

Wah..i so lucky ah..to be 1 of the 48 flat owners in SG..

[LoverofCar]

Many rich people in Singapore....it is not surprising that a good location unit can fetch such money.....blame the government? Nah.... the seller will love the government deep deep for creating such an environment....

[Joseph22]

Many rich people in Singapore....it is not surprising that a good location unit can fetch such money.....blame the government? Nah.... the seller will love the government deep deep for creating such an environment....

you can also look at it from another angle.

 

those down grader, might be forseeing that the market going to clash. so they selling their property and get a over price Private will actually allow them to earn more in the future??

[Tayspiderx]

Wah..i so lucky ah..to be 1 of the 48 flat owners in SG..

Time to reap your Fortune then

[Ben5266]

Let me guess..... It's gahmen's fault?

Certainly....

 

 

 

for creating too many millionaires....

[Shemmy]

 

The proposed figure for enbloc now for Tampines Court is 1.56M. So buying at 1M now is cheap. Even if there's no enbloc, for it's size, it's really worth it.

Only no swimming pool.