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JUST SOLD: Four over $900,000

By Metta Lee

/ The Edge Property |

May 26, 2016 9:00 AM SGT

Just over a week ago, three five-room HDB flats and one five-room DBSS unit were sold at over $900,000.

The most expensive transaction was at $968,000 for a 1,259 sq ft five-room HDB flat at 18C Holland Drive, Buona Vista Court. Completed in 2012, the property is located across the road from Holland Village and within 500m from both Holland Village MRT station of the Circle Line and Buona Vista MRT Interchange.

Excluding transactions at Pinnacle@Duxton, which makes up 9 out of the 19 transactions that crossed the $900,000 mark, as well as transactions for Maisonettes and DBSS units, the $968,000 transaction is the highest transaction for a HDB flat this year.

The second highest transaction was for a 42 year old, 1,345 sq ft five-room HDB at 1 Queen's Road in Bukit Timah. The unit was transacted at $928,000, making it the second highest HDB transaction in Bukit Timah this year. Another unit on a higher floor of the same block was sold at $950,000 in January.

1 Queen's Road is located right at the doorstep of Farrer Road MRT station of the Circle Line, in an area filled predominantly with private residences.

A 1,184 sq ft five-room HDB flat at 52 Strathmore Avenue, Forfar Heights, is third on our list at $925,000. Forfar Heights, completed in 2006, is located beside Queenstown MRT station of the East West Line.

Separately, a five-room DBSS in Kallang was sold for $923,000. The unit at located in City View@ Boon Keng, which was completed in 2011 and is within 200m from Boon Keng MRT of the North East Line.

HDB flat transactions over $900,000 in 2016 (excluding Pinnacle@Duxton, Maisonettes and DBSS units)

Street	HDB Town	Transacted price	Area(sq ft)	Floor	Completion date	Contract Date
18C Holland Drive	Queenstown	968,000	1,259	31 to 33	2012	13/5/2016
1 Queen's Road	Queenstown	928,000	1,345	22 to 24	1974	13/5/2016
52 Strathmore Avenue	Bukit Merah	925,000	1,184	34 to 36	2006	11/5/2016
18C Holland Drive	Bukit Merah	945,000	1,259	13 to 15	2012	22/4/2016
18D Holland Drive	Queenstown	955,000	1,259	4 to 6	2012	16/3/2016
101B Lorong 2 Toa Payoh	Toa Payoh	910,000	1,560	22 to 24	1993	9/3/2016
133 Clarence Lane	Queenstown	918,000	1,431	19 to21	1996	1/3/2016
28 Ghim Moh Link	Bukit Merah	948,888	1,216	28 to 30	2013	12/2/2016
1 Queen's Road	Bukit Timah	950,000	1,345	7 to 9	1974	25/1/2016
78 Marine Drive	Marine Parade	918,000	1,291	31 to 33	1977	25/1/2016

Source: HDB, The Edge Property

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