Sky-high prices: the million-dollar question facing Singapore’s public housing

In just a decade, Mark Wang made a cool S$700,000 (US$530,000) profit when he sold his public housing flat for S$1.07 million last September, having bought the heavily subsidised unit from the government through a ballot. He intends to partially fund t…

In just a decade, Mark Wang made a cool S$700,000 (US$530,000) profit when he sold his public housing flat for S$1.07 million last September, having bought the heavily subsidised unit from the government through a ballot. He intends to partially fund the purchase of two condominiums with the profit. “Yes, it’s a kind of lottery effect and I feel truly blessed,” said the associate group director, 45, from real estate agency PropNex Realty, who specialises in private homes in the central region…

This post was originally published on South China Morning Post.


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Derek Wong | radiofree.asia (2024-04-30T19:20:54+00:00) » Sky-high prices: the million-dollar question facing Singapore’s public housing. Retrieved from https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/.
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" » Sky-high prices: the million-dollar question facing Singapore’s public housing." Derek Wong | radiofree.asia - Monday January 18, 2021, https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/
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Derek Wong | radiofree.asia Monday January 18, 2021 » Sky-high prices: the million-dollar question facing Singapore’s public housing., viewed 2024-04-30T19:20:54+00:00,<https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/>
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Derek Wong | radiofree.asia - » Sky-high prices: the million-dollar question facing Singapore’s public housing. [Internet]. [Accessed 2024-04-30T19:20:54+00:00]. Available from: https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/
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" » Sky-high prices: the million-dollar question facing Singapore’s public housing." Derek Wong | radiofree.asia - Accessed 2024-04-30T19:20:54+00:00. https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/
IEEE
" » Sky-high prices: the million-dollar question facing Singapore’s public housing." Derek Wong | radiofree.asia [Online]. Available: https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/. [Accessed: 2024-04-30T19:20:54+00:00]
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» Sky-high prices: the million-dollar question facing Singapore’s public housing | Derek Wong | radiofree.asia | https://radiofree.asia/2021/01/18/sky-high-prices-the-million-dollar-question-facing-singapores-public-housing/ | 2024-04-30T19:20:54+00:00
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