SkyTerrace @ Dawson just set a new record for the most expensive resale flat, at $1.418 million. That begs the question: is the price unreasonable? As some readers are bound to point out, $1.418 million could fetch the buyer a condo unit – and that wouldn’t come with the grab bag of HDB restrictions. As it turns out, (just like the $1.4 million Henderson HDB purchase) comparable alternatives are few and far between: About the $1.418 million Dawson flat The unit is between the 37^th and 39^th floor of SkyTerrace @ Dawson, and is a loft penthouse at 122 sqm (over 1,310 sq ft) with 5.4 metre high ceilings. There are only 26 such units in the development. Do note though that it does actually “only” have 103 sqm (1,109 sq ft) of internal floor area, as the void space over the high ceiling is counted in the 122 sqm....