{"id":55784,"date":"2022-07-07T10:10:13","date_gmt":"2022-07-07T02:10:13","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=55784"},"modified":"2022-07-07T10:14:09","modified_gmt":"2022-07-07T02:14:09","slug":"166-million-dollar-hdb-resale-flats-first-half-2022","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/166-million-dollar-hdb-resale-flats-first-half-2022\/","title":{"rendered":"166 million-dollar HDB resale flats sold in the first half of 2022"},"content":{"rendered":"
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31 HDB resale flats were transacted for at least a million dollars last month, according to the 99.co and SRX Flash Report on the HDB resale market in June 2022.<\/p>\n

This brings the total number of million-dollar flats sold in the first half of 2022 to 166, a 57% increase from the 106 million-dollar flats sold in the same period last year<\/a>.<\/p>\n

June\u2019s number also marks the second-highest number of million-dollar flats transacted in a month, surpassing May\u2019s record of 30<\/a>. The current all-time record was in December 2021 with 36 of such flats sold.<\/p>\n

Nevertheless, these sales represent a tiny percentage of the total number of resale flats at 1.4%, out of the 2,139 resale flats sold last month.<\/p>\n

Third million-dollar flat sold in Yishun<\/strong><\/h2>\n

A 1,765 sq ft executive apartment at Yishun Street 61 was sold for S$1m last month, becoming the third million-dollar HDB resale flat in Yishun. With the flat completed in 1987, the flat has about 64 years remaining lease.<\/p>\n

This transaction makes Yishun become the non-mature estate with the highest number of million-dollar flats sold at three. Other non-mature estates that have recorded such sales so far are Woodlands with two units sold in May, and Hougang with one unit sold back in 2018.<\/p>\n

More 4-room flats breaching the million-dollar mark<\/strong><\/h2>\n

Last month also saw eight 4-room resale flats sold for at least a million dollars. In comparison, there were only two such transactions in May.<\/p>\n

This is a trend that we have previously written about last month<\/a>. While 5-room flats and executive apartments generally make up the million-dollar-flat club, we have been seeing more 4-room flats breaching the million-dollar mark.<\/p>\n

HDB developments that have recorded such sales include Pinnacle@Duxton<\/a> and Tiong Bahru View<\/a>.<\/p>\n

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4-room HDB resale flats close to S$1m for sale<\/h4><\/div>\n
See all listings<\/a><\/span><\/div>\n <\/div>\n
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\n \"588D\n <\/div>\n
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588D Ang Mo Kio Street 52<\/div>\n
Singapore 564588 \u00b7 D20<\/div>\n
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\n \"bedroom\"\n 3<\/span>\n <\/div>\n
\n \"bathroom\"\n 2<\/span>\n <\/div>\n
\n 979 sqft<\/span>\n <\/div>\n <\/div>\n
S$ 950,000<\/div>\n <\/div>\n
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