{"id":72716,"date":"2024-02-06T10:31:35","date_gmt":"2024-02-06T02:31:35","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=72716"},"modified":"2024-02-06T10:31:35","modified_gmt":"2024-02-06T02:31:35","slug":"74-hdb-units-million-dollars-breaking-records","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/74-hdb-units-million-dollars-breaking-records\/","title":{"rendered":"74 HDB units sold in January 2024 for over a million dollars, breaking records"},"content":{"rendered":"
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HDB million-dollar flats are on the rise once again, with January marking a significant milestone in Singapore’s property market. Not only did January witness the highest number of million-dollar HDB sales to date, but it also saw the most expensive HDB flat, fetching S$1.568 million<\/a>. <\/span><\/p>\r\n

This price tag is a little over the previous record price of S$1.5 million<\/a> set by a 4-room adjoined flat at Moh Guan Terrace<\/a> in Tiong Bahru<\/a>.\u00a0<\/span><\/p>\r\n

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HDB resale prices surge<\/strong><\/h2>\r\n

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In January 2024, HDB resale<\/a> prices surged by 1.5%, compared to December 2023<\/a>. Both Mature and Non-Mature Estates witnessed an increase of 1.1% and 1.5% respectively. <\/span><\/p>\r\n

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Prices across all room types saw an uptick: 3 Room<\/a> by 1.7%, 4 Room<\/a> by 0.9%, 5 Room<\/a> by 2.1%, and Executive by 0.8%.<\/span><\/p>\r\n

Read more:\u00a0<\/strong>Price gap analysis: Are HDB resale and condo prices narrowing?<\/a><\/p>\r\n

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Transaction volume rises<\/strong><\/h2>\r\n

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The transaction volume in January 2024 witnessed a significant surge, with 2,629 HDB resale flats changing hands, marking a 30.8% increase from December 2023. This also represents a 2.1% increase compared to the previous year.<\/span><\/p>\r\n

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Highs in transacted prices<\/strong><\/h2>\r\n

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The highest transacted price for a resale flat in January 2024 was a remarkable S$1,568,888 for a 5-room flat in The Peak @ Toa Payoh<\/a>. The HDB resale flat is also now the most expensive HDB flat in the whole of Singapore. <\/span><\/p>\r\n

I<\/span>n Non-Mature Estates, an executive apartment at Punggol Field<\/a> achieved the highest transacted price at S$1,100,888.<\/span><\/p>\r\n

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Properties for you in The Peak @ Toa Payoh<\/h4><\/div>\n
See all listings<\/a><\/span><\/div>\n <\/div>\n
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\n \"138B\n <\/div>\n
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138B Lorong 1A Toa Payoh<\/div>\n
Singapore 312138 \u00b7 D12<\/div>\n
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\n \"bedroom\"\n 3<\/span>\n <\/div>\n
\n \"bathroom\"\n 2<\/span>\n <\/div>\n
\n 1,227 sqft<\/span>\n <\/div>\n <\/div>\n
S$ 1,520,000<\/div>\n <\/div>\n
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