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House turned into ‘high class’ FT dorm with 42 rooms

Following earlier reports of an HDB flat and a private apartment turning into "pigsties" for foreign workers, Wanbao has uncovered yet another case of residential overcrowding. A 3-storey terrace house in Lorong 28 Geylang has reportedly been partitioned into 42 air-conditioned rooms with over 60 tenants. The house was renovated...

PRCs largest group of foreign property buyers in SG

Li Huabo (Photo: BusinessWeek) Last week (17 Dec), MyPaper reported that luxury homes in Singapore are a big draw for PRC investors. Singapore currently ranks 6th among 20 cities among PRC buyers looking for luxury residential properties worth US$1 million and above, said Propgoluxury.com recently. Hong Kong took the top spot,...

HDB resale flat sold for record $1,088,888

HDB flats The media reported on 24 December 2014 that an HDB resale flat in Bishan has fetched a record price of $1,088,888. The sale came despite the current soft property market. The HDB maisonette was sold in October. It has changed hands in the last 4 years. It has 72 years left on its lease. HDB maisonettes in Bishan have...