Godsend Keng DBSS flat has for sale for $855k

The first of all flat to always be resold within City Viewpoint @ Godsend Keng is hands within a price of $855, 000, according to Lodging Board details.

The five-room unit for the Design, Build and Sell Scam (DBSS) work along Godsend Keng Way was bought a few months in advance of home owners there is allowed to placed their packages for sale.

The flat covers 109 sq m, and is also on the 24th floor of your 40-storey obstruct.

The smooth owners, a couple with two children, received special acceptance by the HDB to sell their very own unit first, before the project’s five-year bare minimum occupation period ends in 04.

They had invested in them for $627, 000 as soon as the project premiered back in 2008 to well-liked demand.

The project’s three- to five-room units ranged from $349, 000 to $727, 000, prompting worries that the homes were pricey by community housing specifications. The prices, typically $520 per sq feet, were wedged between those of resale HDB flats and 99-year leasehold condominiums from the same location.

But home pundits today say that the buyers’ purchases will pay off. Pointing for the first saved transaction, your consultant told me despite having paid reduced, the fact they can walk away using a profit of one-third the launch selling price in today’s time consuming resale companies are not bad.

The sellers, who have are going so their very own son may live nearer to his extra school with Serangoon, explained they had a preliminary asking price of $950, 000.

“We realized it was unrealistic, especially offered the current industry, ” explained the partner, a 34-year-old country director in the new music industry who have declined that they are named. “But we yet think we tend to made a cost-effective profit. alone

The agent who completed the sale says the shoppers really like the situation as it is normally near the community, has a massive amount amenities, and also flat is amazingly windy considering that it’s for the high bottom.

More coolers from the challenge are expected flow over the market while in the coming many weeks.

Sales databases can be found on a number of property websites.

City Enjoy @ Fortunate thing Keng is included in three 40-storey blocks totalling 714 coolers. The development has got condo-like includes, such as sizeable bay panes, lift industry lobbies with proximity card access systems and views within the Kallang Stream.

It is also within just walking extended distance of the Fortunate thing Keng and Bendemeer MRT stations and Kallang Community Club.

A salesman believes seller prices meant for the challenge may sin the million-dollar mark just like they did within Pinnacle@Duxton, mainly because of its city-fringe location.