TWO-ROOM Housing Board flat at Jalan Kukoh, off Chin Swee Road, was sold for $245,000 two months ago.
This earned its sellers, a couple in their 40s, a cool $100,000 profit after living there for just two years, reported The New Paper and Shin Min Daily News.
TNP said for that price, one could easily buy a bigger three-room HDB flat in outlying estates such as Choa Chu Kang, Jurong West or Woodlands.
The 570 sq ft flat is on a higher floor of Block 10, and is about 40 years old. The buyers, a couple in their late 30s, paid a hefty $45,000 in cash-over-valuation (COV) for this unit.
The seller, Mr John Tan, said he and his wife bought the flat for $145,000 two years ago.
http://www.straitstimes.com/Breaking...ry_476781.html
This earned its sellers, a couple in their 40s, a cool $100,000 profit after living there for just two years, reported The New Paper and Shin Min Daily News.
TNP said for that price, one could easily buy a bigger three-room HDB flat in outlying estates such as Choa Chu Kang, Jurong West or Woodlands.
The 570 sq ft flat is on a higher floor of Block 10, and is about 40 years old. The buyers, a couple in their late 30s, paid a hefty $45,000 in cash-over-valuation (COV) for this unit.
The seller, Mr John Tan, said he and his wife bought the flat for $145,000 two years ago.
http://www.straitstimes.com/Breaking...ry_476781.html
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