{"id":74317,"date":"2024-04-24T18:40:18","date_gmt":"2024-04-24T10:40:18","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=74317"},"modified":"2024-04-25T11:50:09","modified_gmt":"2024-04-25T03:50:09","slug":"toh-yi-dr-maisonette-third-record","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/toh-yi-dr-maisonette-third-record\/","title":{"rendered":"At S$1.41M, Maisonette in Toh Yi Dr breaks estate &#038; EXE records for third time"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\r\n<p><span style=\"font-weight: 400;\">Anyone miss the good ol\u2019 days when record-breaking million-dollar transactions were a thing of rarity?\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Back in February, we reported <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/74-hdb-units-million-dollars-breaking-records\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-weight: 400;\">74 million-dollar HDB transactions in January, which happened to be the highest number of million-dollar sales the HDB resale market has seen to date<\/span><\/a><span style=\"font-weight: 400;\">. While we haven\u2019t yet broken <\/span><i><span style=\"font-weight: 400;\">that <\/span><\/i><span style=\"font-weight: 400;\">record (yet), <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/record-4-room-bedok-hdb-flat-sells-lucky-s888888-psf-s888\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-weight: 400;\">estate records are consistently being shattered almost every week<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">That brings us to today\u2019s record-breaking transaction \u2013 although, as you can already tell from the title, this one is particularly noteworthy for obvious reasons.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"h-s-1-41m-2-toh-yi-drive-maisonette-breaks-records-for-the-third-time\" class=\"wp-block-heading\"><b>S$1.41M 2 Toh Yi Drive Maisonette breaks records for the third time<\/b><\/h2>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">This <a href=\"https:\/\/www.99.co\/singapore\/glossary\/hdb-maisonettes\/\" target=\"_blank\" rel=\"noreferrer noopener\">maisonette<\/a>, situated between the 10th and 12th floors of <a href=\"https:\/\/www.99.co\/singapore\/hdb\/2-toh-yi-drive-adLUpzvCCNdNMoMKxCjeBGk8\" target=\"_blank\" rel=\"noreferrer noopener\">Blk 2 Toh Yi Drive<\/a>, features a spacious 1,572 square feet.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Priced at approximately S$1.41 million, this equals a competitive rate of around S$896 per square foot. <\/span><span style=\"font-weight: 400;\">The property&#8217;s lease started in 1988, leaving about 63 years and 4 months remaining.<\/span><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<p>That said, this sale also clinches the title of the most expensive executive and HDB transaction in <a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/bukit-timah\" target=\"_blank\" rel=\"noopener\">Bukit Timah<\/a>.<\/p>\r\n\r\n\r\n\r\n<p><b>Read more:<\/b> <a href=\"https:\/\/www.99.co\/singapore\/insider\/s1-36m-maisonette-bukit-timah-highest-transaction\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-weight: 400;\">S$1.36M maisonette in Bukit Timah records estate\u2019s highest transaction<\/span><\/a><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\">Check your affordability with <a href=\"https:\/\/www.99.co\/singapore\/tools\/affordability-calculator\" target=\"_blank\" rel=\"noopener\">99.co&#8217;s affordability calculator<\/a>!<\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-a-recap-at-the-2-toh-yi-drive-s-location\" class=\"wp-block-heading\"><b>A recap at the 2 Toh Yi Drive&#8217;s location<\/b><\/h2>\r\n\r\n\r\n\r\n<p><iframe loading=\"lazy\" style=\"border: 0;\" src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m18!1m12!1m3!1d3988.7285173505156!2d103.77521809999999!3d1.3391985000000002!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x31da1089d63178cf%3A0x153034dc437c1aae!2s2%20Toh%20Yi%20Dr%2C%20Block%202%2C%20Singapore%20590002!5e0!3m2!1sen!2smy!4v1713954253533!5m2!1sen!2smy\" width=\"600\" height=\"450\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Situated for maximum accessibility and convenience, this block offers a myriad of advantages to its residents. Within a mere five-minute stroll lies a plethora of key amenities, including <a href=\"https:\/\/www.99.co\/singapore\/sale\/mrts\/beauty-world\" target=\"_blank\" rel=\"noreferrer noopener\">Beauty World MRT station<\/a>, Bukit Timah Market and Food Centre, Carpe Diem Schoolhouse @ Toh Yi, and Pei Hwa Presbyterian Primary School.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Adjacent shopping complexes, such as Bukit Timah Shopping Centre, Beauty World Centre (a brief five-minute walk away), and Beauty World Plaza, further enhance the convenience factor for residents. Moreover, <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/the-reserve-residences\" target=\"_blank\" rel=\"noopener\">The Reserve Residences<\/a>, a mixed-use development, is conveniently located approximately eight minutes away on foot, providing residents with easy access to retail spaces and a new bus interchange.<\/span><\/p>\r\n\r\n\r\n\r\n<p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=s1-41m-maisonette-toh-yi-dr-breaks-estate-exe-records-third-time\" width=\"350\" height=\"370\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/span><\/iframe><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">For everyday needs, supermarkets like Koryo Mart (a mere four-minute walk away), Cold Storage Link@896, and FairPrice Xpress (just six minutes away on foot) are within easy reach. Additionally, the nearest clinic is a short four-minute walk away, ensuring healthcare needs are promptly addressed.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Residents can also indulge in leisure and entertainment activities, with the nearby Toh Yi Community Garden a mere three-minute walk away. Additionally, they can explore Bukit Timah Nature Reserve, home to Bukit Timah Hill, Singapore&#8217;s highest natural point, just a quick 5-minute drive away. For those with private transportation, strategic positioning near expressways and major roads, including the Pan Island Expressway (a 12-minute drive), Bukit Timah Expressway (a 16-minute drive), and Clementi Road (a nine-minute drive), ensures seamless connectivity.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">The combination of these conveniences, coupled with the larger size of maisonettes, is probably why <\/span><a href=\"https:\/\/www.99.co\/singapore\/insider\/s1-36m-maisonette-bukit-timah-highest-transaction\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-weight: 400;\">Block 2 Toh Yi Drive has consistently made it into Bukit Timah&#8217;s highest transaction records<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\r\n\r\n\r\n\r\n<p><b>Read more to learn when it all started: <\/b><a href=\"https:\/\/www.99.co\/singapore\/insider\/hdb-resale-maisonette-toh-yi-drive-flat-sold-s1-3m-jurong-east-flat-sold-s1m\/?utm_source=facebook&amp;utm_medium=social\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-weight: 400;\">Record-breaking HDB resale maisonettes: Toh Yi Drive flat sold for S$1.3m, Jurong East flat sold for S$1m<\/span><\/a><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\">Looking for a property close to an MRT station of your choice? Check out <a href=\"https:\/\/www.99.co\/singapore\/mrt-stations\" target=\"_blank\" rel=\"noreferrer noopener\">99.co&#8217;s MRT map here<\/a>.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-will-bukit-timah-soon-dethrone-bishan-as-singapore-s-most-expensive-exe-transaction\" class=\"wp-block-heading\"><b>Will Bukit Timah soon dethrone Bishan as Singapore&#8217;s most expensive EXE transaction?<\/b><\/h2>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/04\/s1-41m-maisonette-toh-yi-dr-breaks-estate-exe-records-third-time-bishan-vs-bukit-timah-transaction-price.png\" class=\"img-link media-img img-link media-img\"><img decoding=\"async\" width=\"1200\" height=\"900\" class=\"wp-image-74323\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/04\/s1-41m-maisonette-toh-yi-dr-breaks-estate-exe-records-third-time-bishan-vs-bukit-timah-transaction-price.png\" alt=\"toh yi dr maisonette third record - bishan vs bukit timah exe transaction price trends\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/04\/s1-41m-maisonette-toh-yi-dr-breaks-estate-exe-records-third-time-bishan-vs-bukit-timah-transaction-price.png 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/04\/s1-41m-maisonette-toh-yi-dr-breaks-estate-exe-records-third-time-bishan-vs-bukit-timah-transaction-price-150x113.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><\/figure>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">With this recent transaction, the S$1.41M maisonette in <a href=\"https:\/\/www.99.co\/singapore\/hdb\/bukit-timah\/toh-yi-drive\">Toh Yi Dr<\/a> comes close to the record holder for <a href=\"https:\/\/www.99.co\/singapore\/insider\/bishans-s1-48m-hdb-maisonette-breaks-records-exe-estate\/\" target=\"_blank\" rel=\"noreferrer noopener\">the most expensive maisonette transaction at S$1.48M<\/a>, falling only 4.73% short. This property not only holds the title for the priciest executive flat but also the most expensive <a href=\"https:\/\/www.99.co\/singapore\/hdb\/bukit-timah\/toh-yi-drive\" target=\"_blank\" rel=\"noreferrer noopener\">maisonette in Singapore<\/a>.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">So, will Bukit Timah snatch the crown from <a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/bishan\" target=\"_blank\" rel=\"noreferrer noopener\">Bishan<\/a> soon? Let&#8217;s take a look at the transaction trends for executive flats in both areas:<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">In 2021, Bishan saw 64 transactions with an average psf of S$570. By 2023, this average had risen to S$688, and in 2024, it reached S$736. Over three years, the average psf in Bishan increased by 28.99%, with a 6.89% rise in the past year alone.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Comparatively, Bukit Timah witnessed 21 transactions in 2021, averaging at S$653 psf. By 2023, this average climbed to S$752, and in 2024, including the recent S$1.41M transaction, it stands at S$823 psf. Over three years, the average psf in Bukit Timah rose by 26%, with a 5.24% increase in the past year.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">While Bukit Timah has had a higher average psf over the past three years, Bishan has experienced a greater growth rate. This could be attributed to Bishan&#8217;s larger number of maisonettes compared to Bukit Timah. With only 7 maisonettes in Bukit Timah, as opposed to the 59 in Bishan, buyers are willing to pay higher rates due to their rarity both within Singapore and the estate itself.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">As such, it&#8217;s reasonable to expect that Bukit Timah may soon surpass Bishan in terms of maisonette prices.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">However, for those seeking more affordable maisonette options, Bishan remains a viable choice among the two.<\/span><\/p>\r\n\r\n\r\n\r\n<p><strong>Read more:<\/strong>\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/first-s1-2m-hdb-in-serangoon-is-this-new-norm\/\" target=\"_blank\" rel=\"noreferrer noopener\">First S$1.2M HDB in Serangoon &#8211; is this the new norm?<\/a><\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\">Rather look at condos that will MOP this year? Have a read here: <a href=\"https:\/\/www.99.co\/singapore\/insider\/upcoming-executive-condos-ecs-mop-2024-2025\/\">Upcoming Executive Condos (ECs) that will MOP in 2024 &amp; 2025<\/a><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<h2 id=\"h-would-you-buy-a-maisonette-in-bishan-or-bukit-timah-share-your-thoughts-in-the-comments-section-below-or-on-our-facebook-page\" class=\"wp-block-heading\"><strong>Would you buy a maisonette in Bishan or Bukit Timah? Share your thoughts in the comments section below or on <a href=\"https:\/\/www.facebook.com\/99dotco\/\" target=\"_blank\" rel=\"noreferrer noopener\">our Facebook page<\/a>.<\/strong><\/h2>\r\n","protected":false},"excerpt":{"rendered":"<p>Anyone miss the good ol\u2019 days when record-breaking million-dollar transactions were a thing of rarity?\u00a0 Back in February, we reported 74 million-dollar HDB transactions in January, which happened to be the highest number of million-dollar sales the HDB resale market has seen to date. While we haven\u2019t yet broken that record (yet), estate records are&hellip;<\/p>\n","protected":false},"author":141,"featured_media":74320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"59689,7832,66051,39019,72942,51217","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53593,53631,53643,57131],"tags":[58429,58553,58758,58428,58759,58760,58761],"persona":[57125,57127,57126,57128],"class_list":{"2":"type-post","22":"entry","23":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maisonette in Toh Yi Dr breaks estate &amp; 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