Banking on size, views, location and bullish resale market

Administrator Catherine Ng sold her five-room flat in Clementi Avenue 3 for $1.08 million last December. She bought her 31st-floor unit in 2013 for about $600,000 under the Selective En bloc Redevelopment Scheme.
Administrator Catherine Ng sold her five-room flat in Clementi Avenue 3 for $1.08 million last December. She bought her 31st-floor unit in 2013 for about $600,000 under the Selective En bloc Redevelopment Scheme. ST PHOTO: NG SOR LUAN
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Large units on high floors with unblocked views in a convenient location - these are the common attributes of Housing Board flats that changed hands for at least $1 million.

Much also depends on the state of the resale market and the supply of such "desirable" flats, say property analysts.

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A version of this article appeared in the print edition of The Straits Times on March 29, 2021, with the headline Banking on size, views, location and bullish resale market. Subscribe