Semi-detached unit sees fierce bidding in year's first property auction
House eventually sold at $490,000 above its guide price. This auction had more bank-sale properties than usual
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A SEMI-DETACHED house in the Siglap area attracted an unusually high number of bids - 33 - at the year's first public property auction on Wednesday, an event that also stood out for its high number of mortgagee listings.
The five-bedroom, 21/2-storey house along Aida Street in District 15 had a guide price of S$3.4 million.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute