SOLD!!! $1.5million Tiong Bahru HDB with with 49 years remaining lease

[Dr Christopher Cheok C S]

MAJULAH PAP!!

Ah Gong was right! Our HDB flat prices will appreciate forever and ever!

Someone told me that BTO prices is about half of resale-price. Southern waterfront will launch million-dollar BTO units when resale price hits $2 million.

 

[Devil Within]

Let's see who ends up holding the time bomb.

 

[Robert Half]

Tiong Bahru is lousy location only stupid people paid so much to buy a resale flat there

 

[Devil Within]

Tiong Bahru is lousy location only stupid people paid so much to buy a resale flat there

Let's see who is stupid enough to be the last one holding that time bomb. 49years is not that long.

 

[shiokalingam]

Jumbo HDB at Tiong Bahru sold for record $1.5 mil​

https://www.edgeprop.sg/property-news/jumbo-hdb-tiong-bahru-sold-record-15-mil

A jumbo HDB flat at 50 Moh Guan Terrace in Tiong Bahru has been sold for a record $1.5 million ($792 psf). This sale was brokered by KF Property's associate deputy division director Alvin Yeo. The unit is a 1,894 sq ft, four-room flat on the fourth floor of a walk-up apartment building., with 49 years left on its 99-year tenure.

the Buyer took Mdm HC 's
words literally :

ie, take , 1,500,000 ÷ 49 years÷ 12 months
= s$2,551/- per month

still cheaper than renting the whole
unit at current mkt price of around s$5k per month