We all know that properties in Singapore don't come cheap, especially landed ones. So, would you jump at the chance to purchase this piece of land for less than $1 million? According to realtor Lynn Tiang in a TikTok video by property platform Property Giant Singapore on Friday (Feb 24), this 1,945 sq ft plot at Punggol is 'probably the...
So, would you jump at the chance to purchase this piece of land for less than $1 million?
Located in a three-story mixed landed zoning at Beauty Garden over at Punggol Road, this vacant land is currently listed for a cool $999,999, which works out to a decent $514 psf. On top of that, interested buyers need to be able to pay fully in cash for that piece of land. She said that this is because one can't take a bank loan to finance the purchase of this land, although she did not explain why.Build a playground on it?Tiang suggested putting a storage container on it, to be used as a mini office. However, one has to fit a portable water storage and a mini generator on it.
Other options include setting up tents for that "glamping" experience or turning the land into a playground for kids, she offered."Who knows, one day there [may be] a change in the Master Plan or some transformation and your land will appreciate.
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