HDB flat at [email protected] breaks million-dollar mark

http://www.propertyguru.com.sg/property-management-news/2015/1/81200/hdb-flat-at-pinnacle-duxton-breaks-million-dollar-Although prices of resale HDB flats have come down significantly, falling by 6.2 percent in 2014 due to the governments slew of tightening measures to stabilise the public housing market, this hasnt stopped some eager buyers from snapping up units at sky-high prices. Experts had previously warned that 5-room flats at Pinnacle could fetch a resale price tag of more than $1 million. PropertyGuru had earlier reported on the sale of a 4-room corner unit between the developments 34th to 36th floors for $900,000, while a 5-room below the sixth floor found a buyer for $918,000. Read more…

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