Tuesday, September 18, 2012

$1 million HDB bought by Singaporean

understands the recent purchase of a HDB flat in Queenstown for in excess of S$1 million was made by a Singaporean citizen who was born in the city-state.
Earlier media reports had originally suggested that the purchase had been made by a new Singapore citizen; however sources involved with the transaction have confirmed to PropertyGuru
that the purchaser was a “true born Singaporean”.

Andrew Batt, International Group Editor of PropertyGuru
, said: “We are well aware of the current on-going debate and the issues surrounding this watershed transaction. Our original story claimed the buyer was a PRC new Singapore citizen but we now understand this not to be true. We are happy to correct this matter and apologise for the misunderstanding.”
View the original article here

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