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Seller beware: That million-dollar dream for your HDB flat may cost you
When it comes to selling your flat, greed is not always good. An unrealistic price tag may leave you without a buyer.
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Among those looking to sell their homes, the idea of selling their flats for at least a $1 million has become an aspiration.
PHOTO: BT FILE
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Most flats are not worth $1 million. Yet, when million-dollar transactions do make the headlines, this hard truth seems lost on some home sellers.
In fact, they start jacking up the prices of their own units – regardless of whether these fit the bill. Everybody loses out in the end, including the sellers themselves.
