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Bishan exec maisonette sold for $1.08 million despite cooling measures
SINGAPORE - Even with the Government's cooling measures to curb rising home prices, an executive maisonette in Bishan has fetched a princely sum of $1,088,888 - with an ideal location and nearby amenities.
The auspicious-sounding figure was sealed in a deal in October, according to local media reports.
The high-floor two-storey unit is located in a 27-year-old apartment block - Block194 in Bishan Street 13. It is a minute's walk away from a supermarket and a 24-hour food centre.
Lianhe Wanbao said that another unit in the same block also made headlines for fetching $1.01 million in February last year.
Mr Huang, a sales director of a property agency, said that such high prices should not be seen as the norm for public housing.
He said that these million-dollar public homes does have their own selling points, such as ideal locations, but they could have also been through rounds of renovation to increase their value.
SINGAPORE - Even with the Government's cooling measures to curb rising home prices, an executive maisonette in Bishan has fetched a princely sum of $1,088,888 - with an ideal location and nearby amenities.
The auspicious-sounding figure was sealed in a deal in October, according to local media reports.
The high-floor two-storey unit is located in a 27-year-old apartment block - Block194 in Bishan Street 13. It is a minute's walk away from a supermarket and a 24-hour food centre.
Lianhe Wanbao said that another unit in the same block also made headlines for fetching $1.01 million in February last year.
Mr Huang, a sales director of a property agency, said that such high prices should not be seen as the norm for public housing.
He said that these million-dollar public homes does have their own selling points, such as ideal locations, but they could have also been through rounds of renovation to increase their value.
