{"id":67258,"date":"2023-07-19T17:29:01","date_gmt":"2023-07-19T09:29:01","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=67258"},"modified":"2023-07-28T17:09:12","modified_gmt":"2023-07-28T09:09:12","slug":"next-hdb-town-estate-million-dollar-flat-club","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/next-hdb-town-estate-million-dollar-flat-club\/","title":{"rendered":"5 HDB towns have yet to record a S$1m flat sale. Which will be next to enter the million-dollar-flat club?"},"content":{"rendered":"
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The number of million-dollar flat sales has been on an upward trend in the last couple of years, with 259 transactions recorded in 2021 and 369 transactions in 2022.<\/p>\n

As of 19 July 2023, 225 HDB resale flats have breached the million-dollar mark.<\/p>\n

More HDB resale flats in the suburbs were sold for at least S$1m from 2022 onwards<\/h2>\n

Since the first million-dollar flat transaction in 2012, we have observed that million-dollar HDB resale flats generally share a few common traits<\/a>, such as a huge size, rarity of unit type and centralised location. It is no longer uncommon to find them in HDB estates such as Central area<\/a>, Bishan<\/a>, Queenstown<\/a>, Toa Payoh<\/a> and Bukit Merah<\/a>.<\/p>\n

It was only last year that we saw more million-dollar flats being located in the Outside Central Region (OCR)<\/a>, as more HDB towns (mature and non-mature estates<\/a>) enter the million-dollar-flat club. These include Yishun<\/a>, Woodlands<\/a>, Punggol<\/a>, Pasir Ris<\/a> and Jurong East<\/a>.<\/p>\n

Previously, Hougang<\/a> was the only HDB town in the suburbs that had clocked a million-dollar flat sale, for a maisonette in 2018. It took four years before another HDB resale flat in the OCR breached the million-dollar mark.<\/p>\n

In February 2022, an Executive flat in Yishun changed hands for S$1.038 million<\/a>, heralding more million-dollar flat sales in the suburbs.<\/p>\n