By now, no one bats an eyelid at DBSS flats, maisonettes, jumbo flats, etc. reaching $1 million. It's almost expected in the current resale flat market. But what about stock-standard, vanilla flats? That's the market that bears watching, as it's a better indicator of overall affordability (or potential profit, depending on which side of the fence you're on). In light.
Project: Ang Mo Kio Court HDB Town Ang Mo Kio Address: Ang Mo Kio Street 23 Lease Start Date: Around 2020 No. of Units: 590
Ang Mo Kio Court was launched in the May 2016 BTO exercise – Three years after the previous Ang Mo Kio launch (Kebun Baru Court). But given the rarity of an Ang Mo Kio BTO launch, this was naturally one that was very much in.
The proliferation of million-dollar flats in the past decade is nothing short of incredible. Keep in mind that the first million-dollar flat, at Mei Ling Street in Queenstown, was only in 2012; and it was an eye-opener at the time. Today, there were around 259 such transactions in 2021 alone; and the latest Tiong Bahru View sold for $1.158 million.