Eyebrows were raised when a 4-room flat in Tiong Bahru was sold for a whopping $1.5 million in June. Believed to have broken the record for the most expensive HDB resale flat sold to date, it is an impressive feat considering that the 1,894 sq ft unit in Moh Guan Terrace had only 49 years left on its lease. Given...
Believed to have broken the record for the most expensive HDB resale flat sold to date, it is an impressive feat considering that the 1,894 sq ft unit in Moh Guan Terrace had only 49 years left on its lease.
One property agent, surnamed Chen, told Shin Min Daily News that the recent sale at Moh Guan Terrace has given confidence to other home owners in the vicinity that their flats can fetch a similar amount.
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