The unit is actually two adjacent five-room flats that the owners, who are relatives, want to sell together.
SINGAPORE: An advertisement for a S$2 million “jumbo flat” in Sengkang is under investigation by the Council for Estate Agencies , having been flagged as misleading.
On May 8, the Ministry of National Development , Housing Development Board and the CEA issued a joint statement regarding the Sengkang flat in response to questions from the media. An earlier listing of a S$2 million five-room HDB flat in Toa Payoh was addressed in the statement from the agencies as well.
“This is misleading because there are no jumbo flats at Block 314C Anchorvale Link,” the joint statement read. It further clarified that the unit is, in actuality, two adjacent five-room flats. However, these are not eligible to be converted into and sold together as a single unit.“Over the last six months, five-room flats in the precinct transacted for around S$580,000.
“The owners are looking to sell them together, but the requirement is that there has to be two buyers,” he added.
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