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Lift upgrade could bring windfall
Cash-over-valuation likely to rise up to $10k for selected flats in opposition wards.
By Jamie Ee Wen Wei Opposition ward residents just got a lift, in more ways than one. Property prices are expected to rise for flats in several blocks in Hougang and Potong Pasir. These blocks have now joined the popular Lift Upgrading Programme (LUP). Under the programme, lift landings will be installed on every floor, which is a boon especially to senior citizens.
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