Holland Drive HDB flat sold for record $1.1m

Above: The five-room HDB resale flat sold for $1.1 million is on the 38th floor of Block 18C in Holland Drive. Left: The view from the 38th floor of Block 18C.
Above: The view from the 38th floor of Block 18C.PHOTOS: LIANHE WANBAO JOYYCE GOH

'Rare' sale of 5-room unit won't significantly impact HDB resale price index: Analysts

A five-room HDB resale flat in Holland Drive has been sold for $1.1 million this month, setting a new record for the area even as Housing Board resale prices fell for the sixth consecutive quarter.

Built under the Selected En bloc Redevelopment Scheme (Sers), the 38th-floor unit at Block 18C is the second flat to be sold above $1 million in less than a year.

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A version of this article appeared in the print edition of The Straits Times on June 21, 2018, with the headline 'Holland Drive HDB flat sold for record $1.1m'. Print Edition | Subscribe