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Bishan flat sold for $900k
Apr 5, 2010
A rare penthouse maisonette in Bishan Street 24 has become the most expensive HDB flat ever to be sold in Singapore. -- PHOTO: WANBAO
A RARE penthouse maisonette in Bishan Street 24 has become the most expensive HDB flat ever to be sold in Singapore.
Its owner has accepted an offer for $900,000 for the 1,860 sq ft flat - $170,000 above its valuation.
The buyers are an Indian Singaporean couple, according to a report in Lianhe Wanbao yesterday evening.
It said the flat, which is on the 24th floor, was bought by the current owner 10 years ago for $750,000 and has been renovated since then.
The valuation for the 18-year-old executive maisonette, which comes with a roof terrace, was about $730,000. But the owner, a Singaporean, had put it up for sale with an asking price of $950,000.
This transaction just pips the last highest price on record for an HDB flat. In 2008, a 1,614 sq ft executive flat in Queenstown's Mei Ling Street changed hands for $890,000.
Apr 5, 2010
A rare penthouse maisonette in Bishan Street 24 has become the most expensive HDB flat ever to be sold in Singapore. -- PHOTO: WANBAO
A RARE penthouse maisonette in Bishan Street 24 has become the most expensive HDB flat ever to be sold in Singapore.
Its owner has accepted an offer for $900,000 for the 1,860 sq ft flat - $170,000 above its valuation.
The buyers are an Indian Singaporean couple, according to a report in Lianhe Wanbao yesterday evening.
It said the flat, which is on the 24th floor, was bought by the current owner 10 years ago for $750,000 and has been renovated since then.
The valuation for the 18-year-old executive maisonette, which comes with a roof terrace, was about $730,000. But the owner, a Singaporean, had put it up for sale with an asking price of $950,000.
This transaction just pips the last highest price on record for an HDB flat. In 2008, a 1,614 sq ft executive flat in Queenstown's Mei Ling Street changed hands for $890,000.
