“It is extremely rare to find a corner unit flat for sale in Tiong Bahru. The nice ones are either for rental only or occupied by owners,” shares Balazs Molnar. The Hungarian expat and his Taiwanese wife Cynthia Wei, who is a Singaporean PR, knew this well, having lived in a rental unit near the Tiong Bahru Market for two years since moving to Singapore eight years ago.
They had been looking to buy their own home in the area for a year before finding a gem – a sun-drenched, 1,195-sq-ft, three-bedroom corner unit in Yong Siak Street, right at the heart of the historic neighbourhood. Balazs and Cynthia initially had a reservation because the flat had only 46 years left on the lease, but its projected six per cent yield sealed the deal.
AT A GLANCE
HOME: A 3-bedroom HDB conservation unit in Tiong Bahru
SIZE: 1,195 sq ft
WHO LIVES HERE: A couple in their 30s, their newborn baby girl and a nanny
The couple, both in their 30s and work in the tech industry, had a clear idea of what they wanted for their home. On top of their wishlist were an open concept living space, a functional kitchen, and a multipurpose room that could double as a workspace, as Balazs runs a multinational company from home.
Helping them translate the vision from paper to reality was interior designer Alex Kwan, whose practice, Museum Homes, is located in the same building.