New year, new record (and huat ah for the sellers!). A multi-generation HDB resale flat was sold for $1.08 million last month, breaking the previous national record price of $1.063 million for the flat type. The transaction price makes it the second multi-generation resale flat to cross the million-dollar mark. Incidentally, it’s also the second million-dollar flat in the block....
New year, new record . A multi-generation HDB resale flat was sold for $1.08 million last month, breaking the previous national record price of $1.063 million for the flat type.
This also means that in terms of psf price, the $1.063 million flat still holds the record for being the most expensive multi-generation HDB resale flat in Singapore. At $601 psf, it’s the first and only multi-generation resale flat to cross the $600 psf mark. Multi-generation flats first came about in the late 1980s, when HDB merged 3- and 4-room simplified blocks to form 3-bedroom + studio apartments. The intent was to allow elderly parents to live with their children, but have a separate living area for themselves.
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