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

shiokalingam

Alfrescian
Loyal

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 :biggrin:
 
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