Picking up on the trend of million-dollar HDB flats from last year, a unit in Punggol was sold for big money on the resale market recently. A rare five-room loft unit – one of the 23 at Punggol Sapphire – exchanged hands for a cool $1.22 million this month, HDB records showed. The selling price had overtaken the previous record.
The cooling measures on 30th September seem timely, after the latest results. September 2022 has seen a record number of million-dollar flats sold in a single month, and rising prices reveal December’s cooling measures had little to no impact. Despite this, all attention seems to have turned to 4-room and smaller flats. Here’s what’s going on: September 2022 has set.
Tampines and Punggol have now joined the million-dollar HDB resale club. A resale HDB maisonette in Tampines was sold for $1.013 million this month, while a five-room resale loft unit at Punggol became the first flat in the estate to breach the million dollar mark recently. The Tampines flat spans around 1,658 sq ft, translating to a price psf of.
If you’ve been keeping up with property news, you may have heard that several HDB loft units were recently sold at record-breaking prices . A few were sold for over a million dollars, which is more expensive than some freehold condos in Singapore. How do HDB loft units and executive maisonettes differ? Both are premium HDB apartments which are highly.