Back in January, we shared the news of an auspicious HDB sale, where a four-room flat in Sengkang fetched an impressive $808,888, perfectly timed for Chinese New Year celebrations. Now, just a few months later, another noteworthy transaction has taken place in Bedok, setting a new four-room HDB record with a full-price tag of $888,888. But that's not the only.
While it’s common knowledge among Singaporeans that BTO flats can be profitable, the burning question often is: just how much? While some standout properties like the Pinnacle @ Duxton boast exceptional returns, how do the majority really fare? In this piece, we take a look at the middle number between the minimum and maximum price offered for a flat type.
While some HDB estates are seeing moderating prices in 2023, one fact remains unshaken: for homeowners seeking a long-term stay in an HDB property and finding the wait for a BTO untenable, targeting flats that have just reached their Minimum Occupation Period (MOP) is still the most viable move. With market dynamics being influenced by various factors, from high interest.
A 1,130 square feet HDB resale flat in Bedok has just been sold for $1 million, making it the first five-room resale flat in the estate to join the million-dollar-flat club. The flat is located within the 10th and 12th floor range of Blk 747B in Bedok Reservoir Crescent, which is part of Belvia, a DBSS project. The project TOPed.
Another highly anticipated project in the May 2023 HDB BTO launch is the Bedok BTO, as it's been almost seven years since the last launch in the estate. In November 2016, HDB launched three projects here: Bedok Beacon, Bedok North Vale and Bedok South Horizon. What's more, this May 2023 Bedok BTO will offer 3Gen flats, which feature an additional.