Record $1.28m for HUDC unit sold in Bishan
Price for maisonette beats the $1.22m for flat in same Bishan area last year
A new record has been set for an HUDC flat. The 1,680 sq ft maisonette along Shunfu Road was sold in July for $1.28million, topping last year's $1.22million sum for a 1,668 sq ft HUDC flat in the same area. This works out to about $762 per sq ft for the new record.
The sale was listed by data-crunching firm Singapore Real Estate Exchange (SRX), which collates sales by major property agencies. It accounts for about 85per cent of resale transactions.
Last Thursday, a Queenstown executive flat sold for $1 million, beating a record set by a Bishan executive maisonette when it sold for $980,000 a week earlier.
HUDC units have been attracting ever-larger bids due to their roomy interiors. The average HUDC flat is about 1,650 sq ft. A standard HDB five-room flat is smaller, at around 1,200 sq ft.