{"id":76458,"date":"2024-07-11T14:54:33","date_gmt":"2024-07-11T06:54:33","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=76458"},"modified":"2024-07-12T12:10:42","modified_gmt":"2024-07-12T04:10:42","slug":"90-dawson-road-ath","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/90-dawson-road-ath\/","title":{"rendered":"A 4-room unit at SkyTerrace @ Dawson was sold for S$1.3M"},"content":{"rendered":"
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Table of contents:<\/h2>\n\n\n\n
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  1. About Queenstown<\/a><\/li>\n\n\n\n
  2. About 90 Dawson Road<\/a><\/li>\n\n\n\n
  3. Overview of the transaction<\/a><\/li>\n\n\n\n
  4. Factors contributing to the ATH<\/a><\/li>\n\n\n\n
  5. Comparative analysis<\/a><\/li>\n\n\n\n
  6. Analysis and insights<\/a><\/li>\n\n\n\n
  7. Conclusion<\/a><\/li>\n<\/ol>\n\n\n\n
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    A 4-room (4R) HDB flat in Queenstown<\/a> reached a record-high resale price of S$ 1.3 million<\/strong>. This transaction underscores the appeal of Queenstown<\/a> and indicates more significant trends within the HDB resale market.<\/p>\n

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    This article will examine the specifics of this transaction, analyse the factors influencing the high price, and consider the implications for both buyers and sellers.<\/p>\n

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    About Queenstown<\/h2>\n

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    \"90\n
    Image credit: CC BY-SA 4.0.<\/figcaption>\n<\/figure>\n

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    Queenstown in Singapore is known for its juxtaposition of old and new, with heritage sites like the Queenstown Public Library and Alexandra Hospital existing alongside modern residential complexes like SkyVille<\/a> and SkyTerrace @ Dawson<\/a>. This combination of historical heritage and contemporary amenities contributes to the area’s appeal as a residential location.<\/p>\n

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    Queenstown, situated in the central-western region of Singapore, boasts excellent convenience and connectivity. It is well-served by public transportation, including the Queenstown MRT station and multiple bus routes, which provide easy access to the city centre and other parts of the island.<\/p>\n

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    The Queenstown area offers various amenities, including shopping centres like Anchorpoint and IKEA Alexandra, recreational spots like the Delta ActiveSG Gym, and renowned hawker centres such as Alexandra Village Food Centre, ABC Brickworks Market and Food Centre, Redhill Food Centre, and Bukit Merah Central Food Centre. The nearby Singapore Botanic Gardens and the scenic Mount Faber Park add to the appeal, making Queenstown a vibrant and well-rounded community.<\/p>\n

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    \"90<\/figure>\n

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    The average housing price in Queenstown has consistently increased over the years. Prices surged from S$400,000 in 2009 to about S$675,086 in 2024, representing a significant 78.02% increase. The volume of transactions has varied over the years, with notable peaks in specific years, such as 2010 and 2021, and a dip in 2023.<\/p>\n

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    \"90<\/figure>\n

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    Average prices have risen significantly by 73.25%, reaching S$872,453 in 2024. Despite some fluctuations, the overall trend shows a steady price increase, reflecting a strong demand for 4-room flats in this area. This stability and growth potential in the market are encouraging for both buyers and sellers, indicating a promising future for property investments in Queenstown.<\/p>\n

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    About 90 Dawson Road<\/h2>\n

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    \"90\n
    Image credit: Google Maps.<\/figcaption>\n<\/figure>\n

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    Block 90 Dawson Road<\/a> in Singapore is part of the SkyTerrace @ Dawson development in the Queenstown estate. The residential block features modern architectural design and communal facilities such as rooftop gardens, sky terraces, and recreational areas. It offers residents views of the city skyline and emphasises sustainable living and green spaces.<\/p>\n

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    Living at Block 90 Dawson Road means enjoying unparalleled convenience and connectivity. The block is close to many amenities, such as supermarkets, dining options, and healthcare facilities. The nearby Queenstown MRT station ensures seamless access to other parts of Singapore, making daily commutes and travel effortless. These modern amenities and strategic location make Block 90 Dawson Road a comfortable and convenient place to live.<\/p>\n

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    Read this: Record-setting resale of a 4-room flat in Queenstown @ S$1,238,000<\/a><\/i><\/p>\n

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    The area is near to prestigious educational institutions such as Crescent Girls’ School, and Gan Eng Seng School, parks , hawker centres Alexandra Village Food Centre and ABC Brickworks Market and shopping centres such as IKEA Alexandra and Anchorpoint.<\/p>\n

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    Below, we look at the price and volume trends of 90 Dawson Road over the years:<\/p>\n

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    \"90<\/figure>\n

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    The average price at this address has experienced a 25.95% increase, reaching S$1,099,500 in 2024. Transaction volume has shown variation, peaking at 20 in 2020 and dropping to 4 in 2024. The consistent rise in average prices may indicate strong demand and value appreciation for properties at this location. This trend could reflect the perceived desirability of 90 Dawson Road as a prime residential location within Queenstown, supported by its modern amenities and strategic location.<\/p>\n

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    Overview of the transaction<\/h2>\n

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    On 1 July 2024, a 4-room HDB flat located at 90 Dawson Road, Queenstown, was sold for S$ 1.3 million, setting a new record. The flat, situated between the 40th and 42nd floors, has a total area of 1,044 sqft. This transaction equals the all-time high (ATH) price for 4-room flats in Queenstown, highlighting the strong demand in the area.<\/p>\n

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    Let’s look at the most recent transactions:<\/span><\/p>\n

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    \n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Date<\/strong><\/td>\nFloor<\/strong>, Unit<\/strong><\/td>\nSize (sqft)<\/strong><\/td>\nPrice (S$)<\/strong><\/td>\nPrice (S$, sqft)<\/strong><\/td>\nType<\/strong><\/td>\n<\/tr>\n
    07\/2024<\/td>\n40-42<\/td>\n1,044<\/td>\n1,300,000<\/td>\n1,245<\/td>\n4R<\/td>\n<\/tr>\n
    04\/2024<\/td>\n19-21<\/td>\n1,173<\/td>\n1,238,000<\/td>\n1,055<\/td>\n4R<\/td>\n<\/tr>\n
    03\/2024<\/td>\n28-30<\/td>\n700<\/td>\n710,000<\/td>\n1,014<\/td>\n3R<\/td>\n<\/tr>\n
    01\/2024<\/td>\n16-18<\/td>\n1,044<\/td>\n1,015,000<\/td>\n1,101<\/td>\n4R<\/td>\n<\/tr>\n
    12\/2023<\/td>\n34-36<\/td>\n700<\/td>\n758,000<\/td>\n1,082<\/td>\n3R<\/td>\n<\/tr>\n
    09\/2023<\/td>\n31-33<\/td>\n893<\/td>\n955,000<\/td>\n1,069<\/td>\n4R<\/td>\n<\/tr>\n
    08\/2023<\/td>\n37-39<\/td>\n893<\/td>\n975,000<\/td>\n1,091<\/td>\n4R<\/td>\n<\/tr>\n
    03\/2023<\/td>\n7-9, 12<\/td>\n1,066<\/td>\n978,000<\/td>\n917<\/td>\n5R<\/td>\n<\/tr>\n
    03\/2023<\/td>\n16-18<\/td>\n893<\/td>\n900,000<\/td>\n1,007<\/td>\n4R<\/td>\n<\/tr>\n
    02\/2023<\/td>\n37-39<\/td>\n1,066<\/td>\n1,201,000<\/td>\n1,126<\/td>\n5R<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
    Recent transactions of 90 Dawson Road.<\/figcaption>\n<\/figure>\n

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    The graph below shows the price and volume trends for 4R transactions in 90 Dawson Road:<\/p>\n

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    \"90<\/figure>\n

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    The average price of 4-room flats at this address increased by 43.20%, reaching S$1,229,333 in 2024. Despite the relatively low transaction volume\u2014only three recorded transactions in 2024\u2014the consistent rise in average prices reflects strong demand and premium valuation for these properties.<\/p>\n

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    Factors contributing to the ATH<\/h2>\n

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