What’s happened here, exactly? Did the former owners’ renovation involve imported Italian marble and melted-down bits of the British crown? Were the buyers unfamiliar with the concept of money? And how many more ads will HDB now have to put up, to assure people this is not the normal price of a flat? It’s all a big question mark right now – and whilst we know this one flat is an outlier, there’s just something disturbing about it. The most expensive 5-room flat to date A 45th floor, 1,180 sq. ft. flat at Margaret Drive just sold for $1.73 million, which was lower than the seller’s expected price ($1.838 million). This just goes to show, that aiming high really pays off in life. This is more expensive than the last record-breaker, which is also nearby (CityVue @ Henderson, where a 5-room flat sold for $1.59 million). It is also a standout because of the big jump. You’d expect the next increase to hit at least...