What was the most expensive HDB flat sold in Singapore in Q2? | Real Estate Asia
, Singapore
145 views

What was the most expensive HDB flat sold in Singapore in Q2?

The unit was sold for S$1.4 million.

The volume of HDB resale transactions in Singapore’s mature estates held steady in Q2. According to the government’s HDB data, the number of HDB resale flats sold in mature estates decreased by 2.1 per cent from 2,799 units in Q1 2022 to 2,740 units in Q2 2022. 

OrangeTee adds that the overall average price grew by 3.9 per cent from S$565,323 to S$587,398 over the same period.

Here’s more from OrangeTee:

The most popular mature estates in terms of transactions were Tampines with 408 transactions, Bedok (335 units), Bukit Merah (266 units), Ang Mo Kio (266 units) and Kallang/Whampoa (235 units). The average price of flats in Tampines was S$558,866 while those in Bedok was S$498,892, Bukit Merah was S$636,793, Ang Mo Kio was S$543,534, and Kallang/Whampoa was S$653,302.

79 million-dollar flats were transacted in mature estates last quarter, with Bukit Merah having the most at 14 units, followed by Central Area (13 units), Bishan (12 units), and Ang Mo Kio (9 units). The most expensive HDB flat sold last quarter was a 5-room flat at City Vue @ Henderson, transacting at S$1.4 million.

Follow the link for more news on

Join Real Estate Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

How Metland Indonesia deals with weaker residential purchasing power
The real estate firm continues to expand with residences that are attractive to consumers because of pricing, the ‘growing house’ concept, and sustainable features.

Event News

Event News

Real Estate Asia Awards 2023 Winner: Henderson Land Development Company Limited
Henderson Land Development Company Limited wins big at the Real Estate Asia Awards 2023 taking home 3 notable accolades, the Developer of the Year, Mixed-Use Development of the Year, and Residential Development of the Year awards for Hong Kong.
Real Estate Asia Awards 2023 Winner: Henderson Land Development Company Limited
Henderson Land Development Company Limited wins big at the Real Estate Asia Awards 2023 taking home 3 notable accolades, the Developer of the Year, Mixed-Use Development of the Year, and Residential Development of the Year awards for Hong Kong.