According to property website 99.co, the flat is located at Block 747B, Cistern Bend, Bedok, between the 10th and 12th floors.
According to HDB's website, the flat is 1,130 square feet in size and costs around $885 per square foot. The flat was sold with 90 years and four months left on the lease.
According to property website 99.co, the flat is part of Belle Bay, a private HDB project in Bedok, which was granted a provisional occupation permit in 2014, and is the first five-room HDB flat in Bedok to be resold for a million, as all previous million HDB flats were condominiums and duplexes.
The first million dollar HDB flat in Bedok was sold for $1,048,888 back in September last year, when it was a superb HDB flat.
It is worth noting that the HDB flat was created by merging a three-bedroom and a four-bedroom house with a total area of 1,862 square feet and cost about $563 per square foot. Its lease commenced on 29 April 1993, with 69 years and eight months remaining at the time of resale.
Since then, six condominium HDB flats, ranging from 1,539 to 1,571 square feet, have also passed the million dollar mark. This also means that the prices of these HDB flats range from $639 to $722 per square foot.
Resale prices of HDB flats in Bedok have recently reached a record high. The HDB flat in Bedok South Block 10B, between the 16th and 18th floors, was sold for $1.11 million and $888, which is equivalent to around S$722 per square foot.
