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An adjoined resale flat in Tiong Bahru with just over 51 years of lease left fetched more than a million dollars this month.
The unit at Block 43 Moh Guan Terrace in Tiong Bahru was sold for $1,088,000, Housing Board (HDB) data shows.
PropNex real estate agent Wong Han Yee, who closed the deal, said the flat is a rare gem because of its size and location.
The unit, which started its lease in 1973, is 131 sq m and listed as a four-room flat.
It was created by joining two two-room flats.
Ms Wong told The New Paper yesterday: “It is in a central location, being a short walk from Tiong Bahru MRT station, and will also be a short distance from the upcoming Havelock station, which will be two stops from Orchard station.”
She added that when the property was put up for sale in the third-quarter of last year, there were many interested parties, most of them with relatively young families.
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