The New Matinee reported that the HDB information shows that the double-storey HDB flat (Executive Maisonette) is located on the first to third floors of Block 3 of the Toh Yi Drive, with an area of 150 square meters.
The HDB flat was built in 1988 and has a residual land lease of 64 years.
According to real estate website 99.co, the unit is currently the highest-priced condominium HDB resale in the area, with the previous highest price of $1.288 million (about RM4.15 million) appearing in Queenstown and Bishan respectively.
The district also had a double-storey HDB flat change hands for $1.28 million in September this year, which is located on the seventh to ninth floors of Block 6 of Dawei Pass, with an area of 146 square meters, the previous highest resale price in Bukit Timah.
According to HDB, as of the 11th of this month, the condominium HDB flats and five-room flats resold in Bukit Timah this year are all located in Dawei Passage.
All 11 condominium units have changed hands for more than a million dollars, and all of them are double-storey HDB flats.
The resale price of the five-bedroom units was also significant, with all 10 units reselling for over $800,000 (approximately RM2.59 million), with the highest being $980,000 (approximately RM3.18 million).
ERA Industrial Research and Consulting Department head Mak Chun Wing analysis, the district within one kilometer of the HDB flats, it seems that only located in Dawei Passage these 20 blocks, and not all units are on the market for resale. In addition, from Dao Yi Pass
There are at least three shopping malls around the area, including the Main World Center, with many dining options, and nearby prestigious schools such as Pei Hua Presbyterian Primary School and Methodist Girls' Primary School.
With a small number of HDB flats and demand, prices are naturally high.
The director of OrangeEasy Industrial Research and Consulting, Sun Yanqing, also pointed out that there are limited options to buy a house in the district, and a condominium with a general size suitable for families would cost at least $2.5 million.
If there are parents who want to buy a property in the district and there is a suitable HDB flat, they will consider buying it at a high price of millions.
Mak Chun-wing said that the Mayworld MRT station is on the Marina Downtown line, which provides direct access to Newton and Bukit Merah stations, and it is very convenient to take public transport to the city.
5 million units sold in non-established towns last month Five million units were sold in non-established towns last month, making it the highest single month for non-established town transactions.
According to data released on Thursday by property website 99.co and the Singapore Real Estate Syndicate, three of the five units were in Woodlands and two in Hougang.
Sun Yanqing believes that there will be million resale HDB flats in non-established municipalities down the road.
The majority of the million-dollar HDB flats will still be dominated by large flats in mature towns, despite the increase in high-priced HDB flats in non-mature areas, according to Mak Chun Wing.
