Some reasons explaining why more Malay households were living in smaller flats included young families who needed interim housing while trying to acquire their own flat or families who have financial difficulties.
Offers are expected in the region of S$10 million for the freehold detached house, which translates to a land rate of approximately S$1,826 psf.
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HDB resale prices rose since last year and more buyers are paying cash over valuation (COV) confirmed the Ministry of National Development.
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