{"id":51162,"date":"2022-05-09T18:37:51","date_gmt":"2022-05-09T10:37:51","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=51162"},"modified":"2022-06-13T18:11:59","modified_gmt":"2022-06-13T10:11:59","slug":"top-5-hdb-towns-highest-psf-appreciation","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/top-5-hdb-towns-highest-psf-appreciation\/","title":{"rendered":"What S$500,000 can get you in the Top 5 HDB towns with the highest average price psf appreciation"},"content":{"rendered":"
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If you\u2019re looking to strike a good balance between a forever home and one with decent price appreciation, this article gives you the top 5 best HDB towns.\u00a0<\/span><\/p>\n

In this list, we look at HDB towns with the highest price comparison over the past decade, from 1 Jan 2011 to 09 May 2022.<\/p>\n

Top 5 HDB<\/a> towns with the highest average price psf appreciation<\/span><\/strong><\/h2>\n
    \n
  1. Bukit Timah<\/span><\/a>\u00a037.09%<\/span><\/li>\n
  2. Kallang\/Whampoa<\/span><\/a>\u00a035%<\/span><\/li>\n
  3. Central<\/span><\/a>\u00a033.96%<\/span><\/li>\n
  4. Clementi<\/span><\/a>\u00a029.52%<\/span><\/li>\n
  5. Choa Chu Kang<\/span><\/a>\u00a027.14%<\/span><\/li>\n<\/ol>\n

    1. Bukit Timah<\/a>\u00a0<\/span><\/strong><\/h2>\n

    The hottest HDB town is, without a doubt, Bukit Timah, which has enjoyed a run-up in the price appreciation of S$497 average price psf in 2011 to S$681 in 2022.\u00a0<\/span><\/p>\n

    \"\"<\/a>
    Average price psf: S$497 in 2011 to S$681 in 2022.<\/figcaption><\/figure>\n

    While many luxury apartments are available in Bukit Timah, the HDB apartments for sale below S$500,000 are few and far between. It\u2019s expected, with only 2,555 flats and 8,400 residents residing within the town.\u00a0<\/span><\/p>\n

    At the point of writing, there\u2019s only one unit up for purchase.\u00a0<\/span><\/p>\n

    18 Toh Yi Drive<\/span><\/strong><\/a><\/h3>\n

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

    \u2022 District 22
    \n<\/span>\u2022 3-room flat
    \n<\/span>\u2022 684 sqft
    \n<\/span>\u2022 S$498,000 \/ S$728 psf
    \n<\/span>\u2022 Built year: 1989<\/span><\/p>\n

    This flat at 18 Toh Yi Drive comes furnished with a smart home system, so you have complete control of all switches and appliances in the unit with just one push of a button.\u00a0<\/span><\/p>\n

    The location is highly accessible, a mere four-minute walk away from the\u00a0<\/span>Beauty World MRT<\/span><\/a>\u00a0station.\u00a0<\/span><\/p>\n

    It\u2019s a 12-minute walk to FairPrice Finest at Bukit Timah Plaza for groceries and daily amenities or a five-minute walk to Bukit Timah Market & Food Centre if you\u2019re not in the mood to whip up a meal.\u00a0<\/span><\/p>\n

    For parents looking at primary schools in the vicinity, Pei Hwa Presbyterian Primary is 500 metres away.\u00a0\u00a0<\/span><\/p>\n

    The next HDB for sale is priced at S$635,000 (S$567 psf) for a 4-room unit with a generous size of 1,119 sqft, which might be more value for money if you\u2019re looking to live in the Bukit Timah area and have a bigger budget.\u00a0<\/span><\/p>\n\t

    listing is empty<\/div>\n\n

     <\/p>\n

    2. Kallang\/Whampoa<\/a><\/span><\/strong><\/h2>\n

    One of Singapore\u2019s oldest housing estates, Kallang\/Whampoa, has an estimated 106,900 residents and 39,194 flats in the district and a wider range of HDB flats to choose from.\u00a0<\/span><\/p>\n

    \"\"<\/a>
    Average price psf: S$497 in 2011 to S$671 in 2022.<\/figcaption><\/figure>\n

    106 Jalan Dusun<\/span><\/strong><\/a><\/h3>\n

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

    \u2022 District 12
    \n<\/span>\u2022 4-room flat
    \n<\/span>\u2022 1,001 sqft
    \n<\/span>\u2022 S$500,000 \/ S$499 psf
    \n<\/span>\u2022 Built year: 1981<\/span><\/p>\n

    Currently, this unit at 106 Jalan Dusun is the largest apartment available that\u2019s right at the half-million-dollar mark.\u00a0<\/span><\/p>\n

    The mid-floor unit with a relaxing canal view is in original condition and offers the perfect blank slate for those looking to build their dream home from the ground up.\u00a0<\/span><\/p>\n

    The nearest schools are CHIJ Primary School (Toa Payoh) (a 9-minute walk), Kheng Cheng School (a 10-minute drive) and St. Joseph\u2019s Institution Junior (an 8-minute drive).\u00a0<\/span><\/p>\n

    One drawback is the distance to the nearest MRT \u2013 the\u00a0<\/span>Toa Payoh MRT<\/span><\/a>\u00a0and\u00a0<\/span>Novena MRT<\/span><\/a>\u00a0stations are a lengthy 14 to 17-minute walk away, which can be shortened by taking a ten-minute bus ride.\u00a0<\/span><\/p>\n

    At Novena MRT, you can find major malls such as Velocity @ Novena Square, Square 2 and Royal Square Novena.\u00a0<\/span><\/p>\n

    Alternatively, if you\u2019re looking for a move-in ready unit, this 3-room flat at Upper Boon Keng Road is tastefully renovated.\u00a0<\/span><\/p>\n

    15 Upper Boon Keng Road<\/span><\/strong><\/a><\/h3>\n

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

    \u2022 District 14
    \n<\/span>\u2022 3-room flat
    \n<\/span>\u2022 947 sqft
    \n<\/span>\u2022 S$500,000 \/ S$528 psf
    \n<\/span>\u2022 Built year: 1975<\/span><\/p>\n

    The MRT station is slightly more accessible, with\u00a0<\/span>Kallang MRT<\/span><\/a>\u00a0being a ten-minute walk away. Those who drive will hit the KPE in four minutes via Sims Avenue.\u00a0<\/span><\/p>\n

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    \n
    \n

    HDB resale flats in Kallang\/Whampoa<\/h4><\/div>\n
    See all listings<\/a><\/span><\/div>\n <\/div>\n
    \n
    \n
    \n \"83\n <\/div>\n
    \n
    83 Whampoa Drive<\/div>\n
    Singapore 320083 \u00b7 D12<\/div>\n
    \n
    \n \"bedroom\"\n 3<\/span>\n <\/div>\n
    \n \"bathroom\"\n 2<\/span>\n <\/div>\n
    \n 980 sqft<\/span>\n <\/div>\n <\/div>\n
    S$ 498,000<\/div>\n <\/div>\n
    \n