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Monday, August 15, 2022
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MAISONETTE FLAT @ BUKIT BATOK SOLD FOR $1 MILLION

A flat in Bukit Batok was sold in July 2022 for a price of $1.005 million SGD, which marked the first time a HDB flat in the Bukit Batok estate reached the Million Dollar resale club.

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The flat in question is an Executive Maisonette flat and it is located at 289D Bukit Batok Street 25.

Lease of flat another 74.5 years

According to data provided by the Housing and Development Board (HDB) on its resale flat price, the flat has 74.5 years remaining on its lease.

The area of the flat spans 1,776 sq ft and it is on the fourth to sixth story of the block.

The price per sq ft is at $566.

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Other flats resold at more than a million dollars

The flat which was sold in Bukit Batok is the fourth flat which was resold for more than a million dollars in a non-mature estate, with other estates being at Woodlands, Yishun and Hougang.

In the same month, a flat in Marine Parade was also sold for more than a million dollars for $1.01 million and had around 51 years and 9 months remaining on the lease.

Record month for HDB resale prices

July 2022 is also the month where HDB flats recorded new records in terms of its resale prices as another flat in the Dawson estate, a 5 room HDB flat, was also sold for $1.418 million.

Image source: Google Maps

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