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.
Named after Queen Elizabeth II in honour of her coronation in 1952, Queenstown was Singapore's first-ever satellite town built back when Singapore was still a British colony. It's now home to over 82,500 HDB residents. It borders Bukit Timah to the north, Tanglin to the northeast, Bukit Merah to the east and southeast, and Clementi to the northeast and west..
It’s no secret that properties in Singapore, whether it’s an HDB flat or condo, tend to have higher prices when they’re located near an MRT station. We’ve previously looked at the price psf of condos near MRT stations, as well as the price changes of condos and HDB flats near MRT stations between Q1 and Q2, and Q2 and Q3.
Stay in the know with a recap of our top stories today. 1. 'They put a nice number for the bus': PM Lee spots auspicious 888 plate for inaugural land VTL with Malaysia As the excitement of crossing the Causeway lingers, one sharp-eyed individual couldn't help but notice the auspicious number inaugurating this reopening. » READ MORE 2. HDB loft.
Rare HDB flats on the market usually command sky-high resale prices. This time, a five-room loft unit in SkyTerrace @ Dawson was recently sold for over $1.32 million, setting a new record for resale HDB flats in Queenstown. The 121 sq metre "penthouse" unit spans over the 42nd and 43rd floor and has three bedrooms and two bathrooms. But the.