During HIP; Uncle8888 has to hang around and sometime sitting at downstairs bench and chatting with his neighbors whose units also undergoing HIP.
One neighbor said Uncle8888 is lucky to make lots money if he sell his 4 rm HDB flat as he bought it cheaply at $55K. This neighbour bought it at resale price at $365K more than 15 years.
A search at PropertyGuru showed up one completed similar 4 rm HDB flat at $428K in the same location.
Hmm .. this neighbour still make gross profit of 17% over cost and enjoying free rental for more than 15 years.
BTW, this neighbour …