I remember the first time we hit a million dollars for an HDB flat (this was an Executive HDB at Mei Ling Street in 2012). The idea of spending a seven-figure sum on an old resale HDB flat seemed ludicrous to many at the time, with some experts even deeming million-dollar HDB flats an unlikely phenomenon. Fast-forward to the present.
A 1,001-sqft 4-room (Type S1) flat at the 46-48th floor of Blk 1D of Pinnacle@Duxton has just been sold for $1.37 million ($1,368 psf) in October 2022. The sale has made it the most expensive 4-room HDB resale flat in Singapore (the 6th most expensive HDB resale flat overall) and the 2nd-highest price ever paid for a flat at Pinnacle@Duxton..
Health News - Mr Thomas Cheng, who has been living in Braddell View since 2013, is concerned about the number of dengue cases in his estate. The condominium is located in Braddell Hill, which is home to the largest dengue cluster in Singapore as at Friday (Aug 12), recording 481 cases. Read more at www.tnp.sg
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.