Yahoo! Singapore News, 18 Jul 2011Following our breaking story on the asking price of $900,000 for an executive apartment in Pasir Ris, PropertyGuru received an exclusive tip-off from a property agent representing Knight Frank.
The agent, who only wants to be identified as Ravin, said he sold an executive mansionette flat at Block 151 Tampines Street 12 in March this year for $772,500.
According to the valuation report, the flat had a market value of $625,000 in December last year.
It was sold above valuation at $147,500 in March this year.
"We were marketing this property over two Sundays and had about 50 plus buyers come for the viewing. Almost half were able to offer COV of more than $100,000," said Ravin. Full story
