{"id":72466,"date":"2024-01-22T18:25:26","date_gmt":"2024-01-22T10:25:26","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=72466"},"modified":"2024-03-06T16:36:25","modified_gmt":"2024-03-06T08:36:25","slug":"the-peak-ath-transaction-2024","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/the-peak-ath-transaction-2024\/","title":{"rendered":"Record-breaking HDB transaction at The Peak @ Toa Payoh"},"content":{"rendered":"
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A landmark event in Singapore’s real estate market occurred with a 5-room flat at 139A Lorong 1A Toa Payoh, The Peak @ Toa Payoh<\/a>. The property was sold in November 2023, with the resale registration officially recorded on January 1, 2024. This sale set a new all-time high (ATH) transaction price at S$1,568,888, marking it as the most expensive resale flat in Toa Payoh<\/a> and across Singapore.<\/p>\r\n\r\n\r\n\r\n

Transaction details<\/h2>\r\n\r\n\r\n\r\n

Overview of the sale<\/h3>\r\n\r\n\r\n\r\n

The property at 139A Lorong 1A Toa Payoh achieved a landmark transaction on January 1, 2024, its official resale registration date. The sale was concluded in November 2023 by property agent, Kingsley Zheng. This transaction set a new benchmark for HDB resale prices in Singapore, with a record price of S$1,568,888. This event is not just a transaction but a significant marker of the evolving real estate landscape in Singapore.<\/p>\r\n\r\n\r\n\r\n

Buyer and seller dynamics<\/h3>\r\n\r\n\r\n\r\n

The high sale price of this unit reflects the changing dynamics between buyers and sellers in the Singapore property market. Buyers are increasingly seeking premium residential units in well-established areas, and sellers with properties that match these criteria can command higher prices. This particular sale is a testament to the high demand for quality housing in sought-after locations.<\/p>\r\n\r\n\r\n\r\n

Property overview<\/h2>\r\n\r\n\r\n\r\n