The seller's real estate agent, Martin Silva, revealed that it took approximately three and a half months for the unit to be sold after being listed. Throughout this time, an average of two groups of people visited the property every weekend, underscoring the high demand for a property with such a hefty price tag but boasting an excellent geographical position. Despite its hefty price, the unit's exceptional location offers sweeping views of the entire Kallang area.

Moreover, the presence of nearby amenities such as MRT stations and parks contributes to the unit's appeal, making it an incredibly convenient place to live. Situated on a relatively high floor, the unit offers an even more expansive view, a feature that many buyers found irresistible.

Nevertheless, this sale does not represent the highest record in the Singaporean real estate market. In June of this year, a "super" four-bedroom HDB flat unit in Moh Guan Terrace was sold for 1.5 million dollars, a figure that left many astonished.

Likewise, in February, a four-bedroom unit in the Sky Terrace@Dawson HDB estate set a record of 1.18 million dollars. If we consider the central region as well, the highest selling price was set by a four-bedroom unit in Pinnacle@Duxton, reaching 1.41 million dollars in August of this year.

In the current housing market, the prices of four-bedroom HDB flats are on the rise, surpassing even those of luxury homes. According to reports from the EdgeProp real estate website, a total of 86 four-bedroom HDB flats have been sold for at least 1 million dollars so far this year.

In comparison, there were 38 million-dollar four-bedroom HDB flat transactions throughout 2022, and 44 in 2021. This indicates a significant shift in the supply-demand relationship within the current market, with high-priced HDB flats becoming a popular choice for investors.

It's worth noting that the four-bedroom unit in this recent transaction was not subject to the restrictions of the Public Scheme of the Priority Location (PLH), enabling the new owner to resell the property after five years, thus providing investment flexibility for the new owner.

Despite their high prices, properties of this kind still hold an allure for wealthy buyers, particularly for those who seek to enjoy urban vistas, convenient living, and high-quality housing, making such investments undeniably valuable.