JUST SOLD: Three flats sold from $1 million

By Tan Chee Yuen
/ The Edge Property |
Three flats were sold for $1 million or more in the first week of November.
Of these, two five-room HDB flats at Pinnacle @ Duxton fetched $1.10 million each. The larger unit of 1,151 sq ft at 1D Cantonment Road was sold on Nov 2 while the smaller 1,140 sq ft flat at 1B Cantonment Road changed hands on Nov 4.
The highest price paid for a five-room flat historically was $1.12 million for a 1,140 sq ft flat at 1G Cantonment Road in September. A total of 19 five-room flats at Pinnancle @ Duxton were transacted year-to-date, down from 31 in the same period last year. Prices of five-room flats averaged $1.02 million this year, up 5.6% from $969,438 in 2015.
Separately, a 1,259 sq ft, five-room DBSS flat at City View @ Boon Keng was sold for $1 million on Nov 7. This is the sixth transaction involving DBSS flats that hit the $1 million mark. City View @ Boon Keng is located on Boon Keng Road, some 300m away from Boon Keng MRT station. The project was completed in 2011 and fulfilled their five-year minimum occupation period this year.
Advertisement

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More