Based on the original floorplan, the owner had linked the common bedroom and master bedroom, and converted the central corridor into a walk-in wardrobe.A 1,184 sqft five-room HDB flat at Block 654C Jurong West Street 61 has closed at a record $618k for the neighbourhood. The previous highest price for a five-room on the same block was $570k, or $481 psf, in January 2022.
“For instance, when the owner first bought the place 12 years ago, the common and master bedrooms were adjacent to each other. The owner linked the two rooms together and converted the central corridor into a walk-in wardrobe, which leads to the master bathroom. The other end of the corridor was sealed up,” Wong shared.
“There are many reasons why some homeowners decided to hold out despite receiving numerous offers. For some, it could be due to ensuring there are enough cash proceeds from the sale to repay their CPF and accrued interest as they approach 65 years old. In doing so, when they meet and maintain at least the Basic Retirement Sum in their CPF Retirement Account, they can draw from their retirement savings and enjoy a comfortable life.
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