The property market is known for its idiosyncrasies, one of which is the persistent existence of outliers regardless of the wider market's performance. Sometimes, there are even more outliers than one would typically expect. This week, in light of the ongoing need of home buyers seeking affordability, we've selected some of the most budget-friendly resale condos priced at $800 psf.
When W (who wishes to remain anonymous) bought her three-bedroom, 104 sq m (1119 sq ft) resale unit at Lakeside's Park View Mansions in 2007, she paid in the range of S$200,000-S$300,000 for it (declining to share the exact amount). Little did she know, 16 years later, that she would be selling it for a significant sum of money in.
Teo stressed that CPIB reports directly to PM Lee, not to the Minister of Home Affairs or to himself as the Coordinating Minister for National Security.