Shunfu HUDC maisonette fetches record $1.28 million dollars
Posted by temasektimes on September 19, 2012
This sets a new record for a HUDC flat, beating last year’s sale of a 1,668 sq ft unit in the same neighbourhood for S$1.22 million.
Speaking to queries from the media, the property agent who brokered the deal said the unit was sold to a Singaporean family and is a very rare corner maisonette located on the top floor.
National Development Minister Khaw Boon Wan had earlier said the Queenstown deal fetched such a high price because of the ‘spectacular’ view offered by the unit.
Prices of HDB flats have continued to sky-rocket despite the release of more new flats into the market and the introduction of a slew of cooling measures.