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Thu, Nov 01, 2007
The Straits Times
HDB flat sold - for record $730,000

A 32-year-old five-room flat in Marine Parade - still in its original condition - has set a new record for the priciest HDB flat, when it was sold at $730,000.

This trumps the previous HDB flat record of $720,000, which was set in June by a fairly new five-roomer in Kim Tian Place.

 

The buyer of the flat, who declined to be interviewed, did not bother to wait for the flat's valuation when he negotiated the price down from a starting price of $750,000.

The deal was inked in half a day, when the buyer who viewed the flat in the day confirmed the buy at night, said the seller's property agent from ERA, Ms Joyce Lau.

 
 
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