A resale HDB maisonette has been sold for S$1.28 million, setting the record for being the most expensive resale HDB flat in Bukit Timah. Spanning 146 sqm, or around 1,572 sq ft, this translates to a price psf of S$814. The flat is located at Blk 6 Toh Yi Drive, which is just a five-minute…
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Despite geopolitical and economic uncertainties, as well as 30% Additional Buyer’s Stamp Duty (ABSD) for foreigners, we are seeing another bulk purchase of condo units by a Chinese national. According to Lianhe Zaobao, four units at 3 Orchard By-The-Park were bought in one go, totalling around S$60 million. This translates to around S$3,600 to 3,700…
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A freehold, landed house in Ang Mo Kio, which used to belong to a former group CEO, has become part of a lawsuit brought about by his wife. The asset (or the net proceeds from its sale) is now under a trustee group after the CEO was ousted from his listed firm and declared bankrupt…
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Market analysts predict that bank home loans can reach a high interest rate of 3.5 percent - a hike not seen in decades.
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A slower buying sentiment may be setting in among HDB resale flat buyers. According to 99.co and SRX flash report on the HDB resale market in August 2022, 2,323 transactions were recorded last month, representing a 1.7% drop from July. While this could be due to the Hungry Ghost Festival (during which people tend to…
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