A five-room flat along Henderson Road has shattered Singapore’s HDB resale price record after changing hands for an eye-watering S$1.728 million, highlighting the continued strength of the premium public housing market despite ongoing affordability concerns.
The record-breaking transaction involved a unit at Block 96A Henderson Road, part of the popular City Vue @ Henderson development. According to property portal reports, the sale was completed in April 2026 and has now become the highest-priced HDB resale flat ever recorded in Singapore.
The spacious apartment measures around 113 square metres, or approximately 1,216 square feet, translating to roughly S$1,421 per square foot. This surpassed the previous national record of S$1.7 million set earlier this year by a five-room unit at Dawson Road.
High-Floor Unit With Prime City Views
One of the key reasons behind the extraordinary resale price is believed to be the flat’s location within the block. The unit sits on one of the highest floors, reportedly between the 46th and 48th storeys, offering sweeping panoramic views of Singapore’s skyline.
Residents at the upper floors of City Vue @ Henderson are known to enjoy largely unblocked scenery overlooking the Southern Waterfront, the Central Business District, and even landmarks such as the Singapore Flyer.
The property also benefits from a remaining lease of more than 92 years, making it highly attractive to buyers seeking long-term value in Singapore’s competitive real estate market.
Industry watchers noted that buyers today are increasingly willing to pay premium prices for rare HDB units that combine luxury-style living, central accessibility, and strong investment potential.
Convenient Location Adds To Demand
Apart from the views and lease duration, the flat’s strategic location likely played a major role in attracting such a high valuation.
The development is situated between Tiong Bahru and Redhill MRT stations, both within walking distance. Its city fringe positioning provides residents with quick access to the CBD while still enjoying the amenities of a mature estate.
Nearby facilities include hawker centres, community clubs, childcare centres, and schools, making the area highly desirable for both families and working professionals.
Property analysts have also pointed out that Henderson Road has steadily gained attention among HDB buyers over the past few years due to its limited supply of premium high-floor units.
This is not the first million-dollar transaction at the estate either. Back in 2022, another five-room flat at the same development reportedly sold for S$1.4 million, signalling growing demand for centrally located public housing with luxury-style attributes.
Rising HDB Prices Continue To Spark Debate
The latest transaction is expected to reignite discussions surrounding housing affordability in Singapore, especially as million-dollar HDB flats become increasingly common across mature estates.
While such sales still represent a small percentage of overall HDB transactions, they continue to attract strong public attention due to the traditionally affordable nature of public housing in Singapore.
At the same time, some market observers believe these premium transactions reflect changing buyer expectations, with affluent households now viewing selected HDB flats as alternative property investment opportunities.
As Singapore’s property market remains resilient, experts expect centrally located resale flats with long leases, excellent transport links, and iconic skyline views to continue commanding strong prices in the months ahead.