{"id":46472,"date":"2021-12-09T10:07:40","date_gmt":"2021-12-09T02:07:40","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=46472"},"modified":"2022-06-13T17:35:23","modified_gmt":"2022-06-13T09:35:23","slug":"million-dollar-flat-monthly-record-nov-2021-hdb-resale","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/million-dollar-flat-monthly-record-nov-2021-hdb-resale\/","title":{"rendered":"Monthly record of 29 million-dollar flats sold in November 2021"},"content":{"rendered":"
<\/div>

29 HDB resale flats<\/a> were sold for at least a million dollars in November 2021. This is the highest number of million-dollar flats sold in a month (so far), according to 99.co<\/a> and SRX<\/a> Flash Report on the HDB resale market<\/a>. The previous high was in August 2021 with 26 flats.<\/p>\n

Among the million-dollar flat transactions last month, the standouts are two transactions in Pinnacle@Duxton<\/a>. Both 5-room flats are located on a lower floor, ranging from 4th to 6th level.<\/p>\n

\"Million-dollar<\/a>
One of the million-dollar flat units sold in November is on a lower floor. Source: HDB<\/figcaption><\/figure>\n
\"Million-dollar<\/a>
Another million-dollar flat unit that’s on a lower floor. Source: HDB<\/figcaption><\/figure>\n

While Pinnacle@Duxton is known for its million-dollar flats, they are usually located on the higher floors.<\/p>\n

Another stand out is the transaction of an Executive HDB flat in Ang Mo Kio<\/a>. With the lease starting from 1981, this means that the flat is 40 years old. Nevertheless, it is a jumbo flat<\/a> with a floor area of 1,733 sq ft.<\/p>\n

\"Million-dollar<\/a>
A 40-year-old jumbo flat in Ang Mo Kio was sold for S$1 million. Source: HDB<\/figcaption><\/figure>\n

Last year, a jumbo flat along the same street became the first million-dollar flat in Ang Mo Kio<\/a>.<\/p>\n

Overall, these million-dollar flat transactions are outliers and make up just 1.1% of the resale volume in the month.<\/p>\n

HDB resale prices have increased by 1.3%\u00a0<\/b><\/h2>\n

The report also mentioned HDB resale prices have increased for 17 straight months, with prices up by 1.3% in November, as compared to the previous month. Year-on-year, prices have increased by 13.8%.<\/p>\n

There were more transactions in November as well, increasing by 3.2% compared to October.<\/p>\n

\"Nov<\/a><\/p>\n

Central area, Bukit Merah and Bishan are the most expensive HDB estates<\/b><\/h2>\n

Based on resale transactions in November, Central area, Bukit Merah<\/a> and Bishan<\/a> have recorded the highest overall median prices at S$935,000, S$715,000 and S$622,500, respectively.<\/p>\n

On the other hand, the most affordable HDB estates are Ang Mo Kio<\/a>, Bedok<\/a> and Bukit Batok<\/a>, based on their overall median prices. For November 2021, their overall median resale prices were S$410,000, S$425,000 and S$429,000, respectively.<\/p>\n

What do you think of the monthly record of million-dollar flat transactions? Let us know in the comments section below or on our Faceboook post.\u00a0<\/b><\/h2>\n

If you found this article helpful, 99.co recommends Ultra-rare Queenstown HDB loft sold at record-breaking S$1.33m in the neighbourhood<\/a> and Bishan resale flat sold for S$1.36M, making it the most expensive HDB flat (for now).\u00a0<\/a><\/p>\n

Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing property portal 99.co<\/span><\/a>! If you would like to estimate the potential value of your property, check out 99.co’s Property Value Tool<\/span><\/a> for free. Meanwhile, if you have an interesting property-related story to share with us, drop us a message here<\/span><\/a> \u2014 and we\u2019ll review it and get back to you.<\/p>\n","protected":false},"excerpt":{"rendered":"

29 HDB resale flats were sold for at least a million dollars in November 2021. This is the highest number of million-dollar flats sold in a month (so far), according to 99.co and SRX Flash Report on the HDB resale market. The previous high was in August 2021 with 26 flats. Among the million-dollar flat…<\/p>\n","protected":false},"author":111,"featured_media":46477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53593,57131],"tags":[53644,55414,56274,53680],"persona":[],"class_list":{"2":"type-post","13":"entry","14":"has-post-thumbnail"},"acf":[],"yoast_head":"\nMonthly record of 29 million-dollar flats sold in November 2021 - 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