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Singapore in Brief

More Million-Dollar HDB Flats Likely as Property Agents Tempt Homeowners with “Record-Breaking Prices”

It looks like Singapore is set to see more million-dollar HDB flats soon, if property agents are to be believed.

In Serangoon North alone, property agents have already been touting “record-breaking prices” to homeowners to encourage them to sell their flats.

Flyers have been distributed showing 5 flats in the area that have been sold for between S$938,000 to S$1.03 million.

A record 261 million-dollar HDB flats changed hands in 2021,

This is more than a 3 times increase from just 82 such flats in 2020.

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