A 1,130 square feet HDB resale flat in Bedok has just been sold for $1 million, making it the first five-room resale flat in the estate to join the million-dollar-flat club. The flat is located within the 10th and 12th floor range of Blk 747B in Bedok Reservoir Crescent, which is part of Belvia, a DBSS project. The project TOPed...
A 1,130 square feet HDB resale flat in Bedok has just been sold for $1 million, making it the first five-room resale flat in the estate to join the million-dollar-flat club.
Since then, six other million-dollar executive flats have breached the million-dollar mark, with a floor area ranging from 1,539 square feet to 1,571 square feet. This would mean that the price psf for these flats ranged between $639 psf to $722 psf. One possible explanation for the high price is that it's from a Design, Build and Sell Scheme project. DBSS projects were built by private developers and feature high-quality finishing like condo units. However, they are different from ECs as they were sold by HDB and do not have condo facilities.
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