31 Jan '17, 9pm

DBSS flat resold for record $1.18m in Bishan

A Design, Build and Sell Scheme (DBSS) flat in Bishan has fetched a record $1.18 million in the priciest public housing resale deal to date. The five-roomer is one of just 12 penthouse units in the three-block, 480-unit Natura Loft project. Singapore Realtor Inc agent Joey Chan, who represented the seller, said the flat's attractive points included its panoramic view, central location and spaciousness. At 120 sq m, the flat is larger than typical 110 sq m five-room Housing Board (HDB) flats today, but comparable to older HDB flats. The $1.18 million deal on Sunday beats previous records set by DBSS flats or the [email protected] HDB project. A City View @ Boon Keng DBSS unit went for $1.1 million in August, while one at the Pinnacle fetched $1.12 million in September. Though considered public housing, DBSS flats are developed and sold by private developers, not the HDB. Mean...

Full article: http://www.straitstimes.com/singapore/housing/dbss-flat-r...

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DBSS flat in Bishan sold for record $1.18m

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Artist’s impression of Natura Loft, a DBSS project in Bishan. Source: ADDP Architects A five-room flat in Natura Loft, a D...

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