Any idea why some of the resale flat prices provided by HDB is sometimes ridiculously low?

eg, http://services2.hdb.gov.sg/webapp/BB33RTI...3PReslTrans.jsp

search for 3rm in block 3 upp aljunied lane in july 2010.... the resale price is only 50k!!!

Probably it's a transaction between family members hehe.

Any idea why some of the resale flat prices provided by HDB is sometimes ridiculously low?

eg, http://services2.hdb.gov.sg/webapp/BB33RTI...3PReslTrans.jsp

search for 3rm in block 3 upp aljunied lane in july 2010.... the resale price is only 50k!!!

Hi neubie,

I think is typo-error. A 2 in front is missing becos all transactions are above $200k. Where in Singapore u can find a flat so cheap?

Hi neubie,

I think is typo-error. A 2 in front is missing becos all transactions are above $200k. Where in Singapore u can find a flat so cheap?

no, i dun think is error... this is not the first time i see such prices.... few months back i saw toa payoh 3rm selling for 150k wor...

Edited August 23, 201016 yr by neubie

Probably it's a transaction between family members hehe.

might be possible....

Sharing a real case around me...

I got a friend's inlaws bought over his unit, then my friend bought over another unit.

My friend sold his unit to them at a very low price.

Edited August 23, 201016 yr by forgotten

Wondering, for those flat that took away by HDB.

Understand HDB will only pay back the purchase price as what the owner purchase at that time.

Before deduce the penalty, etc

Will those shown in transaction record?