SINGAPORE - An executive maisonette at Block 194 in Bishan Street 13 has been sold for a princely sum of $1,088,888.
Lianhe Wanbao reported that the amount was a record and that the sale of the 27-year-old two-storey unit, located on the block's upper floors, was clinched in October.
The area has seen a trend in similar high-priced units being sold, with the previous record being a 20th storey, 1,615 sq ft unit near Bishan MRT, which fetched $1.05 million in Dec 2013.
A 1,750 sq ft executive maisonette at Block 194 was bought for $1.01 million last February.
In 2013, four HDB properties breached the $1 million mark. The other two were a $1 million Toh Yi Drive maisonette and a rare corner terrace house in Whampoa, one of 285 "landed" public homes built by the HDB's predecessor, the Singapore Improvement Trust, which sold for $1.02 million.