Latest News

4-Room Boon Keng HDB Flat Sold For S$1.3M, Has Unblocked Views Of Kallang River

4-Room Boon Keng HDB Flat Exchanges Hands For Record Price

Million-dollar sales of HDB flats have seemingly become more common lately, with a four-room flat in Tiong Bahru going for S$1.5 million earlier this year.

A similar sale has occurred yet again, this time at Upper Boon Keng Road.

Boasting unblocked views of the Kallang River, the four-room apartment has gone for a high selling price of slightly over S$1.3 million.

4-room Boon Keng HDB flat sold for S$1.3M

According to Edgeprop, the location of the 28th-floor flat, sold for S$1.3 million, is at 8B Upper Boon Keng Road in the Kallang-Whampoa estate.

Spanning 1,023 square feet, its selling price per square foot translates to S$1,272.

Source: Google Maps

The unit’s position on a high floor means residents get fully unblocked views of Kallang River and Marina Bay Sands.

The block where it’s located is one of three that make up Kallang Trivista, an HDB cluster of 808 units at 8 Upper Boon Keng Road that was completed in 2016.

According to EdgeProp, the development achieved its minimum occupation period (MOP) in 2021.

Besides being within walking distance of Kallang MRT station, residents can enjoy a stroll at the Kallang River park connector. As for household essentials, they can get them at the nearby Sheng Siong and FairPrice supermarkets.

 

Restrictions under the Prime Location Public Housing Scheme (PLH) also do not apply to the apartment. This allows the new homeowner flexibility in their investment.

Sale marks a new high for 4-room flats

Senior director of data analytics at Huttons Asia Lee Sze Teck noted that the sale was a “new high” for four-room flats outside the central part of Singapore.

This is excluding the sale of the Tiong Bahru flat at 50 Moh Guan Terrace, which exchanged hands for a record S$1.5 million in June.

Source: Google Maps

Prior to the sale of the unit at Boon Keng, the previous record for a four-room apartment outside central Singapore was one for a flat at Sky Terrace@Dawson. The home was reportedly sold for S$1.18 million in February.

Edgeprop additionally mentioned that the number of four-room flats sold for at least S$1 million has reached an all-time high.

According to data.gov.sg, 86 such sales occurred this year.

In contrast, only 38 transactions of this nature came to pass in 2022, with 44 recorded in 2021.

Have news you must share? Get in touch with us via email at news@mustsharenews.com.

Featured image adapted from Google Maps.

Sudeshna Dhar

Sudeshna is a lover of all romcoms, especially Gone Girl (2014).

Recent Posts

4 winners split S$13M TOTO jackpot on 14 Nov, 1 winning ticket bought from Tong Aik Huat again

Tong Aik Huat also sold a winning ticket for the 21 Oct draw.

15 Nov 2024, 1:39 am

Online model seller in Japan scammed by buyer who returned different kit with pieces cut out

The seller was soured by the experience with Mercari, saying the platform only provided compensation…

14 Nov 2024, 6:57 pm

Woman in Indonesia steals formula milk by placing them between thighs

The woman walked away naturally despite the boxes between her thighs.

14 Nov 2024, 6:20 pm

Leopard in Thailand caught wriggling on zoo visitor’s pickup truck, netizens joke driver should bring it home

The leopard reportedly jumped off the truck once it saw zoo staff approaching.

14 Nov 2024, 5:53 pm

Motorist in M’sia crushed to death after container falls from trailer, lorry driver arrested

The trailer driver made a V sign for the media while being escorted to the…

14 Nov 2024, 5:42 pm