Quote:
Originally Posted by Unregistered
Cheap? A relative of mine just collected key to a 4 room BTO flat at Sengkang bought at $300+k
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This is cheap, the resale value is $400k +, so your relative can easily make $100k + profit when he sells after MOP. Easy money. He can use the profit to buy a new car and go holiday to europe. Then he can buy another cheap BTO. Another round of easy money. Singaporeans are pampered.