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13 HDB resale flats sold for over S$1m in Jan

Highest transacted price is S$1.21m for Bishan unit; resale prices up by 1.7% last month, compared with Dec 2020

Published Fri, Feb 5, 2021 · 05:50 AM

Singapore

THE Housing Board resale market started the year on a strong footing as prices rose for the seventh consecutive month in January, according to flash data from real estate portal SRX released on Thursday.

Resale prices rose by 1.7 per cent last month, compared with December 2020. The overall price increase was 7.7 per cent compared to 2020, but still 7 per cent lower than the peak in April 2013.

Last month, a total of 13 Housing Board resale flats also changed hands for at least S$1 million.

The highest transacted price was S$1.21 million for a five-room Design, Build and Sell Scheme (DBSS) unit at Natura Loft in Bishan Street 24.

Other units sold for at least S$1 million were located in Cantonment Road, Lorong 1A Toa Payoh, Clementi Avenue 3, Ghim Moh Link, Commonwealth Drive, Bi…