See the positives in having choice HDB resale flats that transact for over a million dollars each
Robust HDB resale market creates wealth effect, supports condo upgrading and helps in retirement financial adequacy
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[SINGAPORE] Looking for a five-room Housing & Development Board (HDB) resale flat on a high floor that is under 10 years old in the Queenstown area? You may need to budget about S$1.5 million.
A search on HDB’s data showed a premium loft unit on the 22nd to 24th story of Block 92 Dawson Road, with remaining land lease of over 89 years and size of 122 square metres (sq m), was transacted in June at about S$1.66 million.
Meanwhile, several five-room flats along Dawson Road, with remaining land lease of over 94 years and size of 107 sq m, were transacted at S$1.4 million or more each this year. One unit on the 28th to 30th story of Block 79 Dawson Road fetched around S$1.47 million.
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