I am helping a colleague to source for property around where I stay - Old Airport Road. Wah the property here really sells like hot cakes. When I tried to source and co-broke, most of the flats were sold. The only ones left were low floors or Non-Chinese.
She wanted to have a flat here where is near her in-laws so that travelling to-fro to collect her 1 yr old son from her in-laws will be much more convenient. Now, it is a bit of logistic nightmare as she lives quite far. Also she is targetting the Kong Hua school for a son.
I have been enquiring around and the transacted price here is also also about 20% above valuation. That means about 50-60K cash uprfront. Well, that is the price to pay for the convenience and location - school and when the MRT circle line comes in.
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