HDB executive maisonette in Ang Mo Kio on the market for $999,999

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 71%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The 99-year leasehold flat has 74 years left to its lease. YahooFinance

Avenue 4 in District 20 — is on sale with a guide price of $999,999. The auctions team at PropNex Realty is marketing the 1,593 sq ft flat and the guide price works out to $627 psf.

Spanning 1,593 sq ft, the large space and similar layout to landed housing makes executive maisonettes an attractive public housing option. She also says negotiations with a buyer had progressed significantly on April 13. Lin expects a deal to be closed soon. “This type of HDB flat would also be desirable to owners of smaller-sized HDB flats who are looking to upgrade to a larger space,” she adds.The unit for sale is one of 50 executive maisonette units located in the HDB block. Neighbouring HDB blocks comprise executive maisonettes and four- and five-room flats.Maisonettes are rarely available on the resale market and new listings typically surface when owners choose to let go of their home to rightsize or upgrade to a private property.

“I would not be surprised if some buyers would be willing to fork out about $100,000 in cash-over-valuation to secure an attractively priced maisonette in the Ang Mo Kio area because the supply of of this type of unit in this neighbourhood is scarce,” says Lin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines