Property
Record Breaking $1.4 Million HDB Costs Too Much? The Alternatives May Not Be Any Better
By Stacked Homes  •  May 22, 2022
If you haven’t heard by now, a 5-room HDB flat at Henderson just broke the record for the most expensive HDB ever transacted – at a stunning price of $1.4 million. The unit is located in City Vue @ Henderson, an HDB development known for its striking view of the city, and convenient location. Plus, it doesn’t hurt that you have sheltered walkways all the way to the MRT station! It’s 1,216 square feet (113 sqm) in size, and situated on the 41st floor of the 48-storey block (it’s not even the highest floor). Given the lease only started in 2019, it is only 3 years old at this point. For those wondering how they managed to sell before the usual 5-year MOP, this was actually a replacement home for the 878 homes at Redhill Close that underwent the Selective En-Bloc Redevelopment Scheme (SERS) back in 2011....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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