Million-dollar HDB flats are still outliers, making up some one per cent of HDB transactions; and even those that are close to a million (e.g., $800,000 or $900,000) are hardly the majority. However, there’s no denying that these outliers are growing in number – and fast. In 2023, we had a record number of million-dollar flats (460 units), up from the previous year’s record of 369 such transactions. If you’ve followed us on Stacked, you might also have seen this list of soon-to-be million-dollar flats.
Will this be a continuing trend? Let’s first examine how many more HDB flats are close to that million-dollar mark.
Close to million-dollar flats have grown in number almost every year...