Anyone wanting to buy a four-room Housing Board flat on the resale market in Singapore will have to spend at least 225,000 Singapore dollars (about $161,000). That would have bought a flat in Yishun, if one looks at the transactions approved by the Housing and Development Board (HDB) in December.
The top price for a four-room resale flat was 615,000 Singapore dollars. That was the price of a 26-year-old, 128.8 square metre "adjoined flat" in Redhill Close and a three-year-old, 90 square metre Model A apartment on a high floor on Strathmore Avenue in Queenstown.
HDB flash estimates show resale prices rose by 3.8 per cent between October and December 2009, bringing last year's total price to about 8 per cent, the Straits Times reported two days ago.
HDB records show four-room resale flats going for less than 300,000 Singapore dollars in Bedok, Bukit Batok, Bukit Panjang, Choa Chu Kang, Geylang, Hougang, Jurong East, Jurong West, Sembawang, Sengkang, Serangoon, Woodlands and Yishun.
Here are the prices of four-room resale flats in various areas in transactions approved by the HDB in December. The price difference between the cheapest and the most expensive flat was very high in some areas. So I added the last bit about how much most flats cost in each area. I just did a guesstimate, looking at the figures. Check the HDB records here. That's where I got the figures from. I focused on four-room flats because those are the most in demand.
- Bedok: 55 records of transactions ranging from SGD265,000 to SGD445,000. Most expensive: Apartment on Bedok North Road, 92sqm, Model A, located on storey 6-10. Commencement of lease in 2005. Most flats cost between SGD290,000 and SGD360,000.
- Ang Mo Kio: 35 records of transactions ranging from SGD310,000 to SGD533,800. Most expensive: Apartment on Ang Mo Kio Street 52, 90sqm, Model A, located on storey 21-25 2002. Commencement of lease in 2002. Most flats cost between SGD329,000 and SGD418,000.
- Bishan: 38 records of transactions ranging from SGD325,000 to SGD500,000. Most expensive: Apartment on Bishan Street 24, 100sqm, Premium Apartment, located on storey 6-10. Commencement of lease in 1998. Most flats cost between SGD353,000 and SGD452,000.
- Bukit Batok: 48 records of transactions ranging from SGD262,000 to SGD491,000. Most expensive: Apartment at Bukit Batok Central, 90sqm, Model A, located on storey 26-30. Commencement of lease in 2003. Most flats cost between SGD272,000 and SGD350,000.
- Bukit Merah: 32 records of transactions ranging from SGD340,000 to SGD615,000. Most expensive: Apartment on Redhill Close, 128.80sqm, Adjoined Flat, located on storey 01-05. Commencement of lease in 1983. Most flats costs between SGD390,000 and SGD540,000.
- Bukit Panjang: 44 records of transactions ranging from SGD240,000 to SGD395,000. Most expensive: Apartment on Senja Road, 93sqm, Premium Apartment, located on storey 21-25. Commencement of lease in 2004. Most flats costs between SGD260,000 and SGD316,000.
- Bukit Timah: Three records of transactions ranging from SGD411,000 to SGD480,000. Most expensive: Apartment on Toh Yi Drive, 104sqm, Model A, located on storey 06-10. Commencement of lease in 1988.
- Central Area: Six records of transactions ranging from SGD320,000 to SGD498,000. Most expensive: Apartment on Kreta Ayer Road, 83sqm, Improved, located on storey 21-25. Commencement of lease in 1981.
- Choa Chu Kang: 71 records of transactions ranging from SGD260,000 to SGD400,000. Most expensive: Apartment on Choa Chu Kang Street 64, 100sqm, Premium Apartment, located on storey 11-15. Commencement of lease in 1998. Most flats cost between SGD270,000 and SGD360,000.
- Clementi: 17 records of transactions ranging from SGD320,000 to SGD513,000. Most expensive: Apartment on Clementi Avenue 3, 86sqm, Model A, located on 01-06, Commencement of lease in 2002. Most flats cost between SGD338,000 and SGD420,000.
- Geylang: 27 records of transactions ranging from SGD272,000 to SGD530,000. Most expensive: Apartment in Jalan Tiga, 93sqm, Model A, located on storey 16-20. Commencement of lease in 2005. Most flats cost between SGD290,000 and SGD410,000.
- Hougang: 64 records of transactions ranging from SGD263,000 to SGD400,000. Most expensive: Apartment on Hougang Street 52, 100sqm, Model A, located on storey 16-20. Commencement of lease in 1998. Most flats cost between SGD285,000 and SGD345,000.
- Jurong East: 19 records of transactions ranging from SGD296,800 to SGD434,000. Most expensive: Apartment on Toh Guan Road, 101sqm, Model A, located on storey 21-25. Commencement of lease in1998. Most flats cost between SGD335,000 and SGD362,000.
- Jurong West: 77 records of transactions ranging from SGD261,000 to SGD396,000. Most expensive: Apartment on Jurong West Street 64, 91sqm, Model A, located on storey 11-15. Commencement of lease in 2001. Most flats cost between SGD275,000 and SGD350,000.
- Kallang/Whampoa: 20 records of transactions ranging from SGD322,800 to SGD545,000. Most expensive: Apartment on McNair Road, 90sqm, Model A, located on storey 21-25. Commencement of lease in 2004. Most flats cost between SGD370,000 and SGD420,000.
- Marine Parade: Four records of transactions ranging from SGD418,000 to SGD482,000. Most expensive: Apartment on Marine Drive, 87sqm, Improved, located on storey 01-06. Commencement of lease in 1976.
- Pasir Ris: 36 records of transactions ranging from SGD307,000 to SGD430,000. Most expensive: Apartment on Pasir Ris Street 53, 110sqm, Model A, located on storey 11-15. Commencement of lease in 1995. Most flats cost between SGD337,000 and SGD360,000.
- Punggol: Seven records of transactions ranging from SGD332,000 to SGD416,000. Most expensive: Apartment in Punggol Central, Premium Apartment, 91sqm. Located on storey 16-20. Commencement of lease in 2004.
- Queenstown: 13 records of transactions ranging from SGD405,000 to SGD615,000. Most expensive: Apartment on Strathmore Avenue, 90sqm, Model A, located on storey 36-40. Commencement of lease in 2006. Most flats cost between SGD463,000 and SGD540,000.
- Sembawang: 26 records of transactions ranging from SGD268,000 to SGD360,000. Most expensive: Apartment on Canberra Road, 100sqm, Model A, located on storey 11-15. Commencement of lease in 1998. Most flats cost between SGD311,000 and SGD340,000.
- Sengkang: 47 records of transactions ranging from SGD288,000 to SGD386,000. Most expensive: Apartment on Compassvale Drive, 102sqm, Model A, located on storey 11-15. Commencement of lease in 2000. Most flats cost between SGD305,000 and SGD373,000.
- Serangoon: 34 records of transactions ranging from SGD225,000 to SGD482,000. Most expensive: Apartment in Serangoon Central, 113sqm, Model A, located on storey 06-10. Commencement of lease in 1989. Most flats cost between SGD313,000 and SGD425,000.
- Tampines: 75 records of transactions ranging from SGD300,000 to SGD466,000. Most expensive: Apartment on Simei Street 1, 101sqm, Model A, located on storey 11-15. Commencement of lease in 1996. Most flats cost between SGD307,000 and SGD390,000.
- Toa Payoh: 18 records of transactions ranging from SGD295,000 to SGD570,000. Most expensive: Apartment in Toa Payoh Lorong 2, 91sqm, Model A, located on storey 31-35. Commencement of lease in 2006. Most flats cost between SGD315,000 and SGD460,000.
- Woodlands: 96 records of transactions ranging from SGD241,000 to SGD360,000. Most expensive: Apartment on Woodlands Avenue 1, 106sqm, Model A, located on storey 06-10. Commencement of lease in 1996. Most flats cost between SGD270,000 and SGD338,000.
- Yishun: 70 records of transactions ranging from SGD216,000 to SGD362,000. Most expensive: Apartment on Yishun Street 81, 104sqm, Model A, located on storey 11-15. Commencement of lease in 1988. Most flats cost between SGD225,000 and SGD305,000.
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