Buyer snaps up 10 Semi-D houses in mortgagee sale, all 48 units sold in 3 days

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When 48 semi-detached houses in Bukit Timah were put up on mortgagee sale after the developer went into liquidation, it came as little surprise that the homes were snapped up in just three days. But remarkably, one particular buyer felt the property at Eleven@Holland...

When 48 semi-detached houses in Bukit Timah were put up on mortgagee sale after the developer went into liquidation, it came as little surprise that the homes were snapped up in just three days.was so lucrative, they bought 10 units at one go.The 99-year leasehold units are part of an 82-unit project developed by Clydesbuilt , which is being wound up, with liquidators appointed last November. The properties were mortgaged to Hong Leong Finance.

Of the 48 units, 45 are three-storey units with five bedrooms and bathrooms. Each of them includes a private lift and two private parking lots. The remaining three units are two-storey houses with an attic and basement.

 

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