Archive for category: Misc

A five-room HDB flat located at 408 Serangoon Avenue 1 recently changed hands for a whopping $1.09 million, equivalent to $837 per square foot. Spanning across the 7th to 9th storey, this flat encompasses a spacious 1,302 square feet. However, despite its prime location, this flat, which commenced its lease in 1989, has only 63 years remaining on its lease. This is the second million-dollar transaction in Serangoon this year.

One of the key factors that could have contributed to this high sale price is the flat’s close proximity to the Serangoon MRT Station, which services both the Circle and North-East Lines. Furthermore, the flat is conveniently situated within walking distance to the Serangoon Bus Interchange, Serangoon Public Library, Nex shopping mall, and St. Gabriel’s Secondary School (see Map 1).Source: EdgeProp LandLens

The other million-dollar five-room flat in Serangoon is located at 411 Serangoon Central, just a stone’s throw away from the property in question. This 1,302-square-foot flat was sold in February for $1.018 million, which works out to be $782 per square foot. Similar to the subject flat, this unit also has a remaining lease of approximately 63 years.

In other recent news, an executive flat at Tiong Bahru View sold for an astounding $1.588 million, while a four-room flat at Pinnacle @ Duxton set a new record of $1,409 per square foot in the estate. With these transactions, the question remains whether HDB flats will ever achieve the $2 million mark in the future.

Located in the peaceful neighborhood of Yishun in northern Singapore, Miltonia Close EC boasts a strategic location that offers easy access to major transport routes and public transportation. Whether you prefer to commute by train, bus, or private vehicle, this development is highly accessible for residents. Despite its serene surroundings near the beautiful Seletar Reservoir and lush greenery, convenience is not compromised at Miltonia Close EC.