First Bidadari flats enter resale market; strong demand from first-time home buyers

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Units sold so far have gone for around $940,000 to $1.2 million.

SINGAPORE – The first flats from the Bidadari housing estate have hit the resale market and analysts say the initial transactions show there is strong demand for flats in the area, especially from young couples looking to buy their first homes.

Now that the flats can be resold, property agents and analysts say prices reflect the high demand for homes in the area. Mr Chia said most prospective buyers were young couples looking to buy their first home and were drawn by Bidadari’s convenient location near Woodleigh and Potong Pasir MRT stations, as well as St Andrew’s School.

He added that the recently transacted prices in Bidadari would prop up resale prices in the area, setting the benchmark for the estate.S’pore’s first underground service reservoir in housing estate to supply water to Bidadari residents

 

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First Bidadari flats hit resale market: 5-room unit sold for $1.2mSINGAPORE – The first flats from the Bidadari housing estate have hit the resale market and analysts say the initial transactions show there is strong demand for flats in the area, especially from young couples looking to buy their first homes. According to Housing Board data, four transactions have been lodged for flats in Bidadari Park Drive.
Source: asiaonecom - 🏆 10. / 59 Read more »