{"id":74188,"date":"2024-04-16T19:16:52","date_gmt":"2024-04-16T11:16:52","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=74188"},"modified":"2024-04-22T10:05:02","modified_gmt":"2024-04-22T02:05:02","slug":"90-dawson-road-ath-april-2024","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/90-dawson-road-ath-april-2024\/","title":{"rendered":"Record-setting resale of a 4-room flat in Queenstown @ S$1,238,000"},"content":{"rendered":"
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The Housing and Development Board (HDB) resale market in Singapore has demonstrated remarkable endurance and expansion in recent times.<\/span><\/p>\n

The latest record-breaking transaction in Queenstown, where a 4-room flat was sold for an impressive SGD 1,238,000, serves as proof of this thriving market.<\/span><\/p>\n

This sale not only establishes a new standard but also underscores the constant demand for prime residential locations in Singapore.<\/span><\/p>\n

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Overview of the transaction<\/span><\/h2>\n

A noteworthy transaction occurred on 1 April 2024, in the HDB resale market at 90 Dawson Road<\/a>\u00a0in the centre of Queenstown<\/a>. This flat spans 109 square meters and is on a high floor between the 19th and 21st levels.<\/span><\/p>\n

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From the graph, we can see a big jump from below S$800,000 in March 2024.<\/figcaption><\/figure>\n

What makes this sale stand out is the sale price of S$1,238,000, matching the locality’s ATH price, and marking the highest price ever paid for a 4-room flat in Queenstown<\/a>. Like many other flats in the area, this sought-after asset offers proximity to essential amenities and excellent connectivity.<\/span><\/p>\n

\"90<\/a>
There was another S$1M ATH that happened back in January 2024.<\/figcaption><\/figure>\n

Read about our cover of another recent ATH transaction: <\/strong>Yishun HDB sold for S$1,200,000: An ATH benchmark in-the-making<\/a><\/em><\/p>\n

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About Block 90 Dawson Road<\/h3>\n
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Google Maps screenshot of 90 Dawson Road, Singapore.<\/figcaption><\/figure>\n

The units available at 90 Dawson Road HDB Block are priced from S$1.35M, at the time of writing. This property is conveniently located within walking distance of Queenstown MRT and Queenstown MRT stations, providing easy access to other parts of Singapore. Young couples or families with children will appreciate the proximity to Queenstown Secondary School, Ignite Tennis Academy, and MindChamps PreSchool @ Tanglin.<\/span><\/p>\n

Young couples or families will appreciate the proximity to educational institutions within the neighbourhood, including Alexandra Primary School, Gan Eng Seng Primary School, New Town Primary School, and Queenstown Primary School, offering quality education and enriching learning environments for their children. For leisure and recreation, residents can visit the Singapore Botanic Gardens to enjoy tranquillity and escape the hustle and bustle of the city.<\/p>\n

With its prime location close to the heart of the city and convenient access to essential amenities, Queenstown presents an unparalleled opportunity for modern living in a dynamic urban environment. Moreover, it benefits from convenient access to public transportation networks, including bus stops with direct routes to the city and the Queenstown MRT station within walking distance. This ensures effortless commuting and seamless connectivity to the city, making it an ideal choice for those seeking convenience and accessibility in their everyday lives.<\/p>\n

If you’re looking for nearby grocery stores, check out Sheng Siong-Dawson Supermarket or Our Indian Grocery Store. You’ll also have access to medical care with nearby clinics such as The Dental Gallery Dawson. Alexandra Post Office is the closest, while ABL ASIA offers monetary services.<\/span><\/p>\n

For leisure and entertainment, there is a local park – Kids Playground – to enjoy the fresh air.<\/span><\/p>\n

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Analysis of Queenstown’s real estate market<\/span><\/h2>\n

Queenstown, a highly desirable residential area in Singapore, is renowned for its prime location. It provides unmatched convenience to the Central Business District, prominent retail destinations, and a plethora of leisure activities. The region is also recognised for its reputable educational institutions, making it a popular choice among families.<\/span><\/p>\n

Over time, Queenstown has consistently experienced an increase in real estate values. The fact that a 4-room flat in this area has previously achieved an all-time high emphasises the sustained appeal of the neighbourhood, with prices reflecting the strong demand. This latest transaction further affirms the trend, indicating a thriving local market that supports elevated property values.<\/span><\/p>\n