Lets continue with part 4 of my story today.
It was 2005, we had just sold our HDB flat at a loss, placed a booking for a condominium but we were “broke” and needed somewhere to stay.
We decided to rent a 3 bedroom at a condo in the east. The condo was near to both my parents, in-laws and the caregivers. It was a new condo that had just TOP and was built by City Developments. The owners were staying in a HDB and decided to rent out to us at $1,600 per month for a 1,313 sq foot unit. However, it was on a low floor (level 2) and facing the kids pool.
I have to say that the rental market was pretty ‘bad’ during the early 2000s. It was the tenants’ market and the rental …