Most Expensive Hdb Bishan Sold 1568M 4Th Most Expensive Singapore
in Bishan
A Housing and Development Board (HDB) flat in Bishan has made headlines as the most expensive HDB ever sold in the neighborhood, fetching a staggering $1.568 million last week. This sale follows a string of other high-priced transactions in the area, including a 5-room unit in the same block that sold for $1.538 million in June.
Located in Block 275A on Bishan Street 24, the unit is situated on the high floors between the 37th and 39th storeys. The 13-year-old block is part of Natura Loft, a Design, Build and Sell Scheme (DBSS) that received its Temporary Occupation Period (TOP) in 2012. Natura Loft, a 99-year leasehold development, comprises five 40-storey residential blocks with a total of 480 units.
Bishan, being a mature estate, comes with excellent amenities and reputable schools, making it a highly coveted location among families. Within a 2KM radius of Block 275A are several popular primary schools, such as Ai Tong School, Marymount Convent School, and Teck Ghee Primary School. The proximity to quality education adds to the allure of the area.
This recent sale has set a new record for the most expensive HDB flat sold in Bishan, surpassing the previous record of two 5-room units at 9B Boon Tiong Road and 96A Henderson Road, which sold for an identical price of $1.588 million. Bishan, being a prime location and highly sought-after area, has seen a significant increase in the prices of its 5-room HDB flats in recent years.
According to EdgeProp Buddy, the trend for 5-room HDBs in Bishan has been consistently upwards, reflecting the high demand for properties in the area. With its excellent location and desirable amenities, Bishan is likely to continue commanding high prices for its HDB flats in the near future.
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