28 May '15, 5am

#singapore #property Pinnacle sellers making massive gains: Defying the slowing propert...

Comment E-mail to friend Bookmark & Share Defying the slowing property market, [email protected] sold over 60 units within five months since owners began meeting the five-year minimum occupation period last December, revealed media reports. Owners of the said units have witnessed hefty gains from the sale. The highest resale price was recorded last month when a five-room flat on the 29th storey was sold for $1.06 million. Specifically, six of the 17 transactions for five-room flats since January found buyers at $1 million and above. In fact, four property agents from PropNex saw the potential of the 50-storey project as a hotspot for those planning to move to the central area. Last June, the agents Alvin Lim, Lawrence Tan, Ray Lim and Adrian Lim teamed up and persuaded owners to capitalise on the sale of their units. They began conducting tours of the project for potential b...

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

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