Bishan HDB maisonette sold for $1.09m in October, setting new record

[krafty]

Bishan HDB maisonette sold for $1.09m in October, setting new record

By Janice Heng

SINGAPORE - The property market may be on the downtrend, but that did not stop a Housing Board maisonette in Bishan from fetching an auspicious $1,088,888 on the resale market in October and setting a new record.
The 150 sq m unit is located between the 22nd and 24th storeys of Block 194 at Bishan Street 31, near Bishan MRT.
Rare executive maisonette units in Bishan frequently fetch high prices.
The previous record price of $1.05 million was set in December 2013 by one such unit, a 150 sq m maisonette on the 20th floor of Block 190 at Bishan Street 31. Another maisonette in the same block has just sold for $1 million this December.
These remarkable deals took place even as overall prices in the HDB resale market have been sliding.
In November, HDB resale prices fell for the 10th month in a row to hit a 40-month low, according to Singapore Real Estate Exchange figures. Since the previous peak in April 2013, resale prices have fallen 9.8 per cent.
Copyright © 2014 Singapore Press Holdings. All rights reserved.

 

[tonychat]

Pay $1 million for a rental flat.. How stupid is that.

88 cents is auspicious too.. Why not go for that.. Shit sinkie reporting. Stupid sinkie.

 

[Narong Wongwan]

Need to highlight crasslooters have first option on these special flats when the were first launched.
Membership has its privileges.
Similar flats in pasir ris, yew tee etc.

 

[JohnTan]

Bishan HDB maisonette sold for $1.09m in October, setting new record

By Janice Heng

SINGAPORE - The property market may be on the downtrend, but that did not stop a Housing Board maisonette in Bishan from fetching an auspicious $1,088,888 on the resale market in October and setting a new record.
The 150 sq m unit is located between the 22nd and 24th storeys of Block 194 at Bishan Street 31, near Bishan MRT.
Rare executive maisonette units in Bishan frequently fetch high prices.
The previous record price of $1.05 million was set in December 2013 by one such unit, a 150 sq m maisonette on the 20th floor of Block 190 at Bishan Street 31. Another maisonette in the same block has just sold for $1 million this December.
These remarkable deals took place even as overall prices in the HDB resale market have been sliding.
In November, HDB resale prices fell for the 10th month in a row to hit a 40-month low, according to Singapore Real Estate Exchange figures. Since the previous peak in April 2013, resale prices have fallen 9.8 per cent.
Copyright © 2014 Singapore Press Holdings. All rights reserved.

Proof that PAP is doing a great job! You are not just paying for the apartment, but also for the infrastructure and amenities that comes with living comfortably in a Bishan estate. If the WP or SDP had been in charge, the whole area would have turned into a slum like Hougang or Aljunied GRC by now.

 

[krafty]

pap is the best...!:o

 

[JackyCheung]

well, yesterday me alone in my 5 rm flat. so scary.

probably watch too much ghost drama recently.

should downgrade my flat to 3 rm or 4rm instead.

bought in 2010, now probably earn 100k at least.( market price)

 

[Leongsam]

This shows what an excellent job the PAP is doing in enhancing the assets of Singaporeans. I would like to congratulate LHL for a job well done.

 

[JohnTan]

well, yesterday me alone in my 5 rm flat. so scary.

probably watch too much ghost drama recently.

should downgrade my flat to 3 rm or 4rm instead.

bought in 2010, now probably earn 100k at least.( market price)

Why are you alone, instead of bringing a girl or boy back to your flat? There's no one to get in your way, unless you are too fat and ugly that even wealth can't make up for it. Go for it!

 

[frenchbriefs]

Waiting for property market to crash so this idiot can go jump for paying 1 million for ghetto public housing that's not even worth 50k in any other part of the world.

 

[nitecrawllerr]

Pigeon rental hole = $1 million plus.

Only available in Sillypore!