Lorong Sarina 4800 sq ft of FH land. Price was SGD177,000. Only $37.50 psf

[Arcachon]

At 28, I bought my first house in 1986 at the deep of a recession with zero cash. Paid deposit with CPF savings money and took a loan.



This Kampung house at Lorong Sarina sits on 4800 sq ft of freehold land. Price was SGD177,000. Only $37.50 psf !! It's like 6x HDB 3-rooms flat size.

Never imagined that landed property could be cheaper than HDB resale flat psf. But it was a recession and panic selling was everywhere.
Emporium Holdings just went bankrupt that year. It was the main supermarket in Singapore like NTUC Fairprice those days.

My happy mother ( next to my cousin).

Painted my first graffiti on the curb.

https://www.facebook.com/photo.php?f...type=3&theater

[Arcachon]

Selected Address : 144A Lorong Sarina (2463sqft , Land)
Unit Transacted : $ 2,228,888 ($ 905 psf) on Oct 15, 2010

X-Value™ $3,060,000 ($ 1,241 psf, 2463sqft)

X-Value = Average Adjusted PSF * Size of the Home
= $ 1,241 PSF * 2,463 sqft
= $3,060,000 (Rounded)