Thursday, January 12, 2012

HUDC flats: Still in demand

Straits Times: Thu, Jan 12
AGAINST a backdrop of cooling measures and caution in the property market, flats in HUDC estates continue to draw interest from buyers who value their expansive size and potential for a collective sale windfall.


Resale prices have risen steadily and could soar higher if an estate is privatised, said experts.


A fresh record was set for a 1,668 sq ft unit last month at an HUDC estate in Shunfu. It sold for $1.22 million or $730 per sq ft (psf). The previous record in the estate, which is undergoing privatisation, was set two years ago at $1.1 million...




Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
Email: marshe_inc@yahoo.com.sg
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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