The site is believed to be the same that was sold in June 2010 for S$59.4 million (US$46 million), suggesting that perhaps the first buyer could not hold on to the property as the S$2 million (US$1.55 million) difference would only enable him or her to recover the stamp duty and other expense..... Full story
Luxury property market still hot in Singapore
Property-report.com, 13 Jan 2011
A bungalow in Singapore’s prime district 10 at Leedon Park sold for a record S$61.4 million (US$47.6 million) – or S$1,467 (US$1,137) per sq ft for the 41,853 sq ft site – in December 2010, proving the luxury market is still hot in the country.
The site is believed to be the same that was sold in June 2010 for S$59.4 million (US$46 million), suggesting that perhaps the first buyer could not hold on to the property as the S$2 million (US$1.55 million) difference would only enable him or her to recover the stamp duty and other expense..... Full story
The site is believed to be the same that was sold in June 2010 for S$59.4 million (US$46 million), suggesting that perhaps the first buyer could not hold on to the property as the S$2 million (US$1.55 million) difference would only enable him or her to recover the stamp duty and other expense..... Full story
