{"id":73755,"date":"2024-03-26T19:10:55","date_gmt":"2024-03-26T11:10:55","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=73755"},"modified":"2024-03-27T12:45:21","modified_gmt":"2024-03-27T04:45:21","slug":"first-s1-2m-hdb-in-serangoon-is-this-new-norm","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/first-s1-2m-hdb-in-serangoon-is-this-new-norm\/","title":{"rendered":"First S$1.2M HDB in Serangoon – is this the new norm?"},"content":{"rendered":"
<\/div>\r\n

At one point, million-dollar sales were a thing of rarity \u2013 this year, however, proves to be just the opposite.<\/span><\/p>\r\n\r\n\r\n\r\n

Yesterday another record-breaker in Serangoon<\/a> joined the fast-growing list, but this time breaching the S$1.2M mark, making it Serangoon’s first <\/span>S$1.2M HDB <\/span>transaction.<\/p>\r\n\r\n\r\n\r\n

And this is just the latest addition to 1.2M HDB transactions that are slowly, but surely stacking up. This begs the question \u2013 is this now the new norm? Should we expect to see more of these sales?\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

Serangoon EXE HDB is the first S$1.2M sale in town<\/b><\/h2>\r\n\r\n\r\n\r\n

Located at 321 Serangoon Avenue 2<\/a>, this property fetched a price slightly exceeding the S$1.2 million mark, settling at S$1.208 million. <\/span><\/p>\r\n\r\n\r\n\r\n

Situated somewhere between the 7th and 9th floors, this HDB flat has three bedrooms and two bathrooms, similar to the layout of a 5-room flat. However, what sets it apart is its expansive living area, which offers the versatility of conversion into a study room, maid’s room, or even an additional bedroom.<\/span><\/p>\r\n\r\n\r\n\r\n

Spanning 1,615 square feet, this property’s price per square foot (psf<\/a>) stands at approximately S$747. Despite its spaciousness and prime location, this unit TOP<\/a>-ed in 1989, leaving about 60 years and 11 months of lease remaining.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

This sale not only marks the first S$1.2 million transaction in Serangoon but also claims the title of the most expensive HDB and Executive Apartment (EXE)<\/a> in the area.<\/span><\/p>\r\n

Check your affordability with\u00a099.co\u2019s affordability calculator<\/a>!<\/strong><\/em><\/p>\r\n\r\n\r\n\r\n\r\n

\n
\n
\n

Properties in 321 Serangoon Avenue 2 for you<\/h4><\/div>\n
See all listings<\/a><\/span><\/div>\n <\/div>\n
\n
\n
\n DIVERSITY FRIENDLY<\/span>\n <\/div>\n
\n \"Lake\n <\/div>\n
\n
Lake Grande<\/div>\n
8 Jurong Lake Link \u00b7 D22<\/div>\n
\n
\n \"bedroom\"\n 2<\/span>\n <\/div>\n
\n \"bathroom\"\n 1<\/span>\n <\/div>\n
\n 614 sqft<\/span>\n <\/div>\n <\/div>\n
S$ 3,900<\/div>\n <\/div>\n
\n