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The $2 million price tag to this flat might be steep, but it seems that it is not enough to put off interested buyers. The five-room Design, Build and Sell Scheme (DBSS) unit at block 138B Lorong 1A Toa Payoh has attracted several queries since it was listed on PropertyGuru on April 16. The high asking price has also baffled...
Could this flat in a mature estate break the record for most expensive sold? A five-room Design, Build and Sell Scheme (DBSS) flat at block 138B Lorong 1A Toa Payoh has been listed for a eye-watering $2 million on property listing site PropertyGuru on April 16. According to the agent, the 1,258 sq ft unit, located at The Peak, is...
Million-dollar HDB flats are still outliers, making up some one per cent of HDB transactions; and even those that are close to a million (e.g., $800,000 or $900,000) are hardly the majority. However, there's no denying that these outliers are growing in number — and fast. In 2023, we had a record number of million-dollar flats (460 units), up from...
Many Singaporeans are aware of the main drawback of the Minimum Occupancy Period (MOP): Ask around, and the most common response it’s "Oh, you can’t sell or rent out so you’re sort of losing money". While that is one of the main issues, we’ve noticed a lot of Singaporeans tend to overlook other factors as well; and it’s important to...
This is one of the most common questions we get asked; and often one of the most impossible to answer accurately. That’s because everyone’s home ownership or investment situation is unique, outside market conditions. But since everyone asks all the time, let’s try to cover the general principles on when it’s "best" to sell, in any kind of property market...