Four-room HDB at Tiong Bahru View Sold for $1.158 mil with Buyer Paying $158,000 COV
A purchaser has paid $1.158 million ($ 1,237 psf) for a 936 sq ft, fourroom HDB flat at 10b Boon Tiong Road. HDB cautions reveal that the sale was lodged in June.
According to Malvin Lim, the property agent who represented the vendor, the system was valued at $1 million by HDB. Hence, the purchaser paid a cash-over-valuation (COV) of $158,000. The COV is a cash quantity that stands for the distinction in between the list price of the flat and also its HDB appraisal.
Lim is an assistant partner advertising and marketing supervisor at PropNex Realty, as well as a participant of the Marcus Luah Division.
The level remains in a HDB advancement called Tiong Bahru View which consists of obstructs 9a, 10b, 9b and also 10a Boon Tiong Road. The 700-unit growth features a mix of 3- to five-room apartments and also workshops.
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