14 Nov '17, 8am

At least 3 Housing Board flats have broken the $1 million mark so far this year. Here's a look back.

At least three Housing Board flats have broken the $1 million mark so far this year, hitting some of the highest prices on record even amid a resale market that has seen steadily declining prices. While certain classes of public housing - like executive apartments, those built under the Design, Build and Sell Scheme (DBSS) and flats at the [email protected] - have regularly fetched high prices, none of the trio of million-dollar five-room flats fell into such categories. Data from real estate agency PropNex shows that two of the units are at Block 50, Commonwealth Drive. One of them was sold for $1.035 million last month while the other went for $1.028 million in August. The third, a 36th-floor unit at Block 18D, Holland Drive, fetched $1.03 million in July. All three are regular HDB flats. The buyers of the Holland Village flat are a young couple in their 20s, purchasing a ...

Full article: http://www.straitstimes.com/singapore/housing/three-hdb-r...

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