Mockngbrd Supersonic September 7, 2012 Share September 7, 2012 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 ↡ Advertisement Link to post Share on other sites More sharing options...
Jman888 Moderator September 7, 2012 Share September 7, 2012 it is a resale flat between willing buyer and seller, why need to put up KBW photo, i mean clip! make people giddy Link to post Share on other sites More sharing options...
Tayspiderx 3rd Gear September 7, 2012 Share September 7, 2012 Wat was the COV for the Shun Fu hdb agn? Link to post Share on other sites More sharing options...
Tjkbeluga 5th Gear September 7, 2012 Share September 7, 2012 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? Link to post Share on other sites More sharing options...
Tayspiderx 3rd Gear September 7, 2012 Share September 7, 2012 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 Link to post Share on other sites More sharing options...
Tarzan666 2nd Gear September 7, 2012 Share September 7, 2012 shunfu 1 is hudc...slated to be privatised.. so 1.1m is ermm cheap?? like eunosville & tampines court..all from hudc. Link to post Share on other sites More sharing options...
Tarzan666 2nd Gear September 7, 2012 Share September 7, 2012 wait..eh..19th storey EM in bishan for 780k minus the cov? So cheap meh...tamp EMs aredy commanding dat kinda price. Link to post Share on other sites More sharing options...
Joseph22 Turbocharged September 7, 2012 Share September 7, 2012 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. Link to post Share on other sites More sharing options...
Yrvsport 2nd Gear September 7, 2012 Share September 7, 2012 it's juz normal nowadays on such values....no surprise anyway.. Link to post Share on other sites More sharing options...
Tayspiderx 3rd Gear September 7, 2012 Share September 7, 2012 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 Link to post Share on other sites More sharing options...
13177 Hypersonic September 7, 2012 Share September 7, 2012 Paid $980k for a hdb flat??? Link to post Share on other sites More sharing options...
Eyke Supercharged September 7, 2012 Share September 7, 2012 gahmen related coz they based new flat prices on resale flat prices in an ever-increasing positive feedback loop! Link to post Share on other sites More sharing options...
Tarzan666 2nd Gear September 7, 2012 Share September 7, 2012 Wah..i so lucky ah..to be 1 of the 48 flat owners in SG.. Link to post Share on other sites More sharing options...
LoverofCar 6th Gear September 7, 2012 Share September 7, 2012 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.... Link to post Share on other sites More sharing options...
Joseph22 Turbocharged September 7, 2012 Share September 7, 2012 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?? Link to post Share on other sites More sharing options...
Tayspiderx 3rd Gear September 7, 2012 Share September 7, 2012 Wah..i so lucky ah..to be 1 of the 48 flat owners in SG.. Time to reap your Fortune then Link to post Share on other sites More sharing options...
Ben5266 Supercharged September 7, 2012 Share September 7, 2012 Let me guess..... It's gahmen's fault? Certainly.... for creating too many millionaires.... Link to post Share on other sites More sharing options...
Shemmy Clutched September 7, 2012 Share September 7, 2012 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. ↡ Advertisement Link to post Share on other sites More sharing options...
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