23 Nov '17, 2pm

3 Resale HDB flats sold above $1 million

3 Resale HDB flats sold above $1 million

In the sales history of public housing, not many units breach the $1 million mark. Yet at least 3 have done so this year despite declining market prices. Last quarter saw the steepest price-decline yet since 2015. Pinnacle @ Duxton Three 5-room resale HDB flat units sold above $1 million Though few and far in between, the sale of these 3 resale HDB flats for more than $1 million each goes to show that there are willing buyers out there. Buyers who are willing to pay for location, space and perhaps even a bit of heritage. The 3 resale flats were all regular 5-room units located in the Commonwealth and Holland Village estates. None of them were in the Executive flats category where Design Build and Sell Scheme (DBSS) and flats such as those at [email protected] fall within. Executive flats have a higher possibility of fetching prices closer to the $1 million mark. A DBSS penth...

Full article: https://www.iproperty.com.sg/news/3-resale-hdb-flats-sold...

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