13 Nov '17, 4am

3 HDB flats resold for over $1mil

Despite a steady drop in HDB resale prices, at least three units in Holland Village and Commonwealth have been sold for more than $1 million so far this year, reported the Straits Times. According to PropNex, one of them is a 36th-floor unit at Block 18D in Holland Drive that changed hands for $1.03 million in July. The other two are situated at Block 50, Commonwealth Drive. One fetched $1.028 million in August, while the other sold for $1.035 million in October. PropNex property agent Michelle Chia, who was involved in the Holland Village deal, revealed that the unit was bought by a couple in their 20s, who were attracted by the “million-dollar view” of the landed properties in the vicinity and the flat’s nearness to many amenities like the Holland Village MRT station. Surprisingly, the trio are just regular HDB flats and are not among those that have often commanded high...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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