{"id":77325,"date":"2024-08-14T18:08:15","date_gmt":"2024-08-14T10:08:15","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=77325"},"modified":"2024-08-15T18:53:45","modified_gmt":"2024-08-15T10:53:45","slug":"sengkang-exe-ath","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/sengkang-exe-ath\/","title":{"rendered":"Sengkang EXE flat sold for S$1.005M, third in area"},"content":{"rendered":"
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In recent years, the property market in Singapore has seen an increasing number of HDB flats reaching the million-dollar mark, indicating changes in market dynamics and buyer preferences. Areas like Queenstown<\/a>, Bishan<\/a>, and the relatively younger town of Sengkang<\/a> have been notable hotspots for such transactions. Recently, Sengkang marked its third million-dollar flat sale, with the latest transaction establishing a new all-time high (ATH) for the town.<\/p>\n\n\n\n

This article examines the details of this sale and its potential implications for the local property market.<\/p>\n\n\n\n

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Table of contents:<\/h2>\n\n\n\n
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  1. Breaking new records: Details of the current sale<\/a><\/strong><\/li>\n\n\n\n
  2. Amenities around the transacted unit<\/a><\/strong><\/li>\n\n\n\n
  3. What makes this sale stand out?<\/a><\/strong><\/li>\n\n\n\n
  4. Sales trend breakdown: Understanding the market dynamics<\/a><\/strong><\/li>\n\n\n\n
  5. The bigger picture: Why are larger HDB units setting new ATHs?<\/a><\/strong><\/li>\n<\/ol>\n\n\n\n
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    Breaking new records: Details of the current sale<\/strong><\/h2>\n\n\n
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    \"rivervale
    Wide-angle view of Rivervale Court.<\/figcaption><\/figure><\/div>\n\n\n

    An EXE flat located at Block 102 Rivervale Walk Singapore 540102<\/a> (also known as Rivervale Court) achieved a new record high price for the town (third ATH overall in Sengkang, first and only from the block to sold for more than the S$1 million). This property, occupying the 10th to 12th floors and covering an area of 1,528, was sold for S$1,005,000 on 1 August 2024.<\/p>\n\n\n\n

    The recent transaction marks a new ATH for Sengkang, solidifying its position as a noteworthy town in Singapore’s changing property scene. Although the sale price is lower than the national ATH for comparable flats, currently at S$1,500,000<\/a>, it signifies a notable achievement for Sengkang, demonstrating the increasing attractiveness of this residential locality.<\/p>\n\n\n

    Read this: Sengkang\u2019s HDB resale breaks S$1,000,000 transaction threshold<\/a><\/i><\/p>\n\n\n\n

    Amenities around the transacted unit<\/strong><\/h2>\n\n\n\n