{"id":56480,"date":"2022-07-19T19:08:20","date_gmt":"2022-07-19T11:08:20","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=56480"},"modified":"2022-07-21T17:51:24","modified_gmt":"2022-07-21T09:51:24","slug":"spacious-4room-hdb-flats-below-half-million","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/spacious-4room-hdb-flats-below-half-million\/","title":{"rendered":"Spacious 4-room HDB flats below S$500,000"},"content":{"rendered":"
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With HDB flats hitting the million-dollar mark becoming an increasingly common occurrence, some may wonder if HDB remains an affordable option. <\/span><\/p>\n\n\n\n

The good news is that the most expensive flats in the million-dollar club are 5-room or larger flats, located chiefly in popular projects such as The Pinnacle @ Duxton, Natura Loft and SkyTerrace @ Dawson. <\/span><\/p>\n\n\n\n

In this article, we’ll look at more affordable 4-room HDB flats that won’t break the bank, coming in at just under half a million dollars. <\/p>\n\n\n\n

HDB flats: Price appreciation<\/span><\/strong><\/h2>\n\n\n\n

Prices of HDB resale flats have been <\/span>rising steadily<\/span><\/a> in an unbroken 24-month streak, with more flats being sold in non-mature estates. <\/span><\/p>\n\n\n\n

Over the last five years, the price of HDBs across all flat types appreciated by 23.05%. 4-room flats pegged closely to the price trend, with a 25.47% increase. <\/span><\/p>\n\n\n

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Flats in non-mature estates tend to be cheaper than their mature counterparts, as they have fewer amenities and lesser connectivity.<\/span><\/p>\n\n\n\n

Interestingly, the price appreciation of non-mature estates (encompassing all flat types) has experienced almost\u00a0<\/span>double<\/span><\/em>\u00a0the increase compared to mature estates.\u00a0<\/span><\/p>\n\n\n

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As of July 2022, the average price psf of non-mature estates stands at S$484, while mature estates are at S$574.<\/span><\/p>\n\n\n\n

4-room HDB flats: Price appreciation<\/span><\/strong><\/h2>\n\n\n\n

4-room HDB flats mirror the general price trend of all flat types: the average price psf in mature estates increased by 17.66% over five years, while flats in non-mature estates climbed by 30.28%. <\/span><\/p>\n\n\n

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Estate type<\/strong><\/td>2017<\/strong><\/td>2018<\/strong><\/td>2019<\/strong><\/td>2020<\/strong><\/td>2021<\/strong><\/td>2022<\/strong><\/td><\/tr>
Mature<\/td>S$518<\/td>S$516<\/td>S$506<\/td>S$515<\/td>S$572<\/td>S$609<\/td><\/tr>
Non-mature<\/td>S$373<\/td>S$370<\/td>S$378<\/td>S$400<\/td>S$452<\/td>S$486<\/td><\/tr><\/tbody><\/table>
Average price psf of 4-room HDB flats<\/figcaption><\/figure>\n\n\n\n

The average price of 4-room flats in mature estates currently stands at S$617,174, compared to the S$494,705 of a flat in a non-mature estate. That\u2019s a huge price difference of 24.7%! <\/strong><\/span><\/p>\n\n\n\n

So if you\u2019re running on a slightly tighter budget and aren\u2019t fussy with a <\/span>slightly smaller place<\/span><\/a> (compared to a 5-room flat), 4-rooms HDB units are right up your alley. <\/span><\/p>\n\n\n\n

Here are some generously-sized 4-room HDB flats for you to choose from in both mature and non-mature estates.  <\/span><\/strong><\/p>\n\n\n\n

Read this: Mature vs Non-mature HDB estates<\/a><\/i><\/p>\n\n\n\n

Mature estates<\/span><\/strong><\/h2>\n\n\n\n

1. <\/span><\/strong>273 Tampines Street 22<\/span><\/strong><\/a><\/h3>\n\n\n\n