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2-room Tiong Bahru HDB flat sold for record $585k, with 48.5 year lease left

A two-room HDB resale flat at Tiong Bahru has just been sold for a record-breaking S$585,000. This is an all-time high price paid for the flat type across the country. The transaction comes after a high-profile sale around a month ago, when a four-room HDB resale flat in the neighbouring block was sold for a whooping S$1.5 million, making it.

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