What was the most expensive HDB flat sold in Singapore in Q2?
The unit was sold for S$1.4 million.
The volume of HDB resale transactions in Singapore’s mature estates held steady in Q2. According to the government’s HDB data, the number of HDB resale flats sold in mature estates decreased by 2.1 per cent from 2,799 units in Q1 2022 to 2,740 units in Q2 2022.
OrangeTee adds that the overall average price grew by 3.9 per cent from S$565,323 to S$587,398 over the same period.
Here’s more from OrangeTee:
The most popular mature estates in terms of transactions were Tampines with 408 transactions, Bedok (335 units), Bukit Merah (266 units), Ang Mo Kio (266 units) and Kallang/Whampoa (235 units). The average price of flats in Tampines was S$558,866 while those in Bedok was S$498,892, Bukit Merah was S$636,793, Ang Mo Kio was S$543,534, and Kallang/Whampoa was S$653,302.
79 million-dollar flats were transacted in mature estates last quarter, with Bukit Merah having the most at 14 units, followed by Central Area (13 units), Bishan (12 units), and Ang Mo Kio (9 units). The most expensive HDB flat sold last quarter was a 5-room flat at City Vue @ Henderson, transacting at S$1.4 million.