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  • 2-room flat for $245,000...

    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
    *****************************
    A bad day of fishing is still better than a good day at the office.


    Just me and my NT...

  • #2
    The sector is not even a prime estate...the seller must be very happy.
    Current Collection :

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    • #3
      i would consider it prime.

      first it is within CBD.

      second very near town.

      how many HDB are within HDB these days. not many. places like those above bras basah complex which is next to national library. i cannot imagine the price there.

      another place is people's park.
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      • #4
        Why do i have the feeling that the article is trying to show the prices of flats had grown almost 80% in just 2 years?

        But then again, where can the old owners move to now wih that amt?
        I dont need another watch, I dont need another watch, I dont need another watch, I dont need another watch.........

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        • #5
          Originally posted by exxondus View Post
          Why do i have the feeling that the article is trying to show the prices of flats had grown almost 80% in just 2 years?

          But then again, where can the old owners move to now wih that amt?
          if not how to get paid increase for ppl like marboro..
          I'm a super low-baller

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          • #6
            Aiya, they all wan Singaporeans to enjoy the fruit of their toils

            Buy now & sure make money one.

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            • #7
              Buy now before they become unaffordable. Like the Japanese, rent through out their life time. Seems like the whole of Singapore are Prime area.

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              • #8
                anyone know where is Chin Swee Road?
                Opportunities come once

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                • #9
                  Originally posted by Mille View Post
                  anyone know where is Chin Swee Road?
                  Chin Swee Road is near MOM.
                  "夫君子之行:静以修身,俭以养德;非淡泊无以明志,非宁静无以致远。" - 诸葛亮

                  One should seek serenity to cultivate the body, thriftiness to cultivate the morals. Seeking fame and wealth will not lead to noble ideal. Only by seeking serenity will one reach far. - Zhugeliang

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                  • #10
                    chin swee road map

                    hope this helps. there is 3 blocks of flats opposite manhanttan house there.

                    Originally posted by Mille View Post
                    anyone know where is Chin Swee Road?
                    if you have issues with your account, click here for self help and read forum rules here. 90% of your answers can be found in Forum FAQ

                    i DO NOT respond to any pm regarding account issues

                    kindly email with
                    1. subject heading indicating your issue
                    2. your nick
                    3. your corresponding email address
                    4. state what you were trying to do and what the system prevented you to do


                    if you receive no response in pm or email, it means your answers can be found in the Forum FAQ here

                    your kind understanding is very much appreciated.

                    disclaimer : all opinions expressed are personal

                    Comment


                    • #11
                      tis is a very nice area... i jst passby there jst now, frm SGH to liang court and back to SGH again, using chin swee.

                      very near chinatown and quiet, up the hill.

                      Comment

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