Turning a 3-room flat into a potential $623,000 profit might sound like something out of the 2000s boom era, but it just happened in Bidadari. A high-floor 3-room flat at Block 115C Alkaff Crescent was sold for $920,000 in July 2025, making it the second-most expensive 3-room resale flat on record (the record holder is a unit at SkyParc @ Dawson, which fetched $935,000 in April 2025). The $920,000 unit was from Alkaff LakeView, a BTO project in Toa Payoh, which was completed in 2020. With a remaining lease of about 94 years and 5 months, it checks off many boxes that resale buyers look for today: newer lease, efficient layout, proximity to transport, and good views. A rare mix of features for a 3-room flat This particular unit has a floor area of 764 sq ft, which places it at the larger end for 3-room flats. It also features a dumbbell layout: notice that the main bedroom and secondary bedroom flank the living/dining area, so there’s no need for corridor space....