{"id":84610,"date":"2025-04-23T13:18:42","date_gmt":"2025-04-23T05:18:42","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=84610"},"modified":"2025-04-23T13:30:48","modified_gmt":"2025-04-23T05:30:48","slug":"ath-hdb-kembangan","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/","title":{"rendered":"Yes, there\u2019s a HDB in Kembangan \u2013 and it sold for an ATH of S$1.27M"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\r\n<p>If you tried your luck during the October 2024 BTO launch but didn\u2019t manage to secure a unit in Bedok \u2013 specifically in Kembangan \u2013 you\u2019re not out of options. There\u2019s actually an existing HDB project in Kembangan, and even better, it offers maisonettes.<\/p>\r\n<p>In fact, a unit there just set an all-time high (ATH) for HDB resale prices in the entire Bedok area.\u00a0<span style=\"font-weight: 400;\">So, if you\u2019re still keen on living in the area, this might just be the alternative you\u2019re looking for.<\/span><\/p>\r\n\r\n\r\n\r\n\r\n\r\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\">\r\n<h3>Table of contents<\/h3>\r\n<ul>\r\n<li><a href=\"#The-October-2024-BTO-introduced-Kembangan-Wave\" data-level=\"2\">The October 2024 BTO introduced Kembangan Wave<\/a><\/li>\r\n<li><a href=\"#The-ONLY-HDB-in-Kembangan-for-now-sets-record-as-the-most-expensive-HDB-resale-in-Bedok\" data-level=\"2\">The ONLY HDB in Kembangan for now sets record as the most expensive HDB resale in Bedok<\/a><\/li>\r\n<li><a href=\"#A-closer-look-at-Kembangan-Gardens\u2019-location\" data-level=\"2\">A closer look at Kembangan Gardens\u2019 location<\/a><\/li>\r\n<li><a href=\"#With-about-60-years-left-of-its-lease,-are-prices-in-Kembangan-Gardens-still-appreciating?\" data-level=\"2\">With about 60 years left of its lease, are prices in Kembangan Gardens still appreciating?<\/a><\/li>\r\n<\/ul>\r\n<\/div>\r\n\r\n\r\n\r\n<h2 id=\"The-October-2024-BTO-introduced-Kembangan-Wave\" class=\"wp-block-heading\"><b>The October 2024 BTO introduced Kembangan Wave<\/b><\/h2>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image alignnone size-full wp-image-84613\"><img decoding=\"async\" width=\"1200\" height=\"900\" class=\"wp-image-84613\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-waves-hdb-bto.jpg\" alt=\"artist impression of kembangan wave, a bto that was introduced in October 2024\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-waves-hdb-bto.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-waves-hdb-bto-150x113.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\r\n<figcaption class=\"wp-element-caption\">Artist&#8217;s impression of Kembangan Wave. Image credit: HDB.<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<p>During the October 2024 BTO Bedok launch, a new HDB project in Kembangan was introduced \u2013 <a class=\"c-link\" href=\"https:\/\/www.99.co\/singapore\/hdb\/kembangan-wave-de6jV4imgYbi2KM7vFPQDSmg\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/www.99.co\/singapore\/hdb\/kembangan-wave-de6jV4imgYbi2KM7vFPQDSmg\" data-sk=\"tooltip_parent\">Kembangan Wave<\/a>. This came as a surprise to many, since Kembangan has long been known for its landed homes and private condos, with little to no public housing in sight until now.<\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Kembangan Wave is classified as a Plus flat under the new HDB model. This means there\u2019s a 10-year Minimum Occupation Period (MOP) and a 6% subsidy clawback if you sell later on. While it might take around 41 months to be completed, the flats are expected to be well-connected and family-friendly.<\/span><\/p>\r\n\r\n\r\n\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong><em>Looking for a property close to an MRT station of your choice? Check out<\/em> <a href=\"https:\/\/www.99.co\/singapore\/mrt-stations\" target=\"_blank\" rel=\"noreferrer noopener\">99.co&#8217;s MRT map<\/a> here.<\/strong><\/p>\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Prices for Kembangan Wave BTO flats were as follows:<\/span><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">2-room Flexi: From S$190,000 (or S$70,000 with grants)<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">3-room: From S$369,000 (or S$279,000 with grants)<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">4-room: From S$453,000 (or S$398,000 with grants)<\/span><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">However, not many people know that Kembangan Waves isn\u2019t the only HDB development in the area \u2013 just a short walk from the upcoming BTO is an existing project called Kembangan Gardens.<\/span><\/p>\r\n\r\n\r\n\r\n<h2 id=\"The-ONLY-HDB-in-Kembangan-for-now-sets-record-as-the-most-expensive-HDB-resale-in-Bedok\" class=\"wp-block-heading\"><b>The ONLY HDB in Kembangan for now sets record as the most expensive HDB resale in Bedok<\/b><\/h2>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image alignnone size-full wp-image-84612\"><img decoding=\"async\" width=\"1200\" height=\"900\" class=\"wp-image-84612\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-hdb-resale.jpg\" alt=\"Google maps screengrabs of the only hdb resale in kembangan - kembangan gardens\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-hdb-resale.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-hdb-resale-150x113.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\r\n<figcaption class=\"wp-element-caption\">Image credit: Google Maps.<\/figcaption>\r\n<\/figure>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Tucked away at Lengkong Tiga, <a href=\"https:\/\/www.99.co\/singapore\/hdb\/kembangan-gardens-dedYwLFQZZ99onCQ2eSLqgkF\" target=\"_blank\" rel=\"noreferrer noopener\">Kembangan Garden<\/a> consists entirely of executive maisonettes. And recently, this low-rise development set back-to-back record-breaking prices for the entire Bedok town \u2013 and it all happened within the span of a week.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">The first sale came from Block 108 Lengkong Tiga, where a maisonette unit spanning floors 1 to 3 changed hands for S$1.196 million. Given its size of 1,658 sqft, that worked out to roughly S$721 per square foot (psf).<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">But that record didn\u2019t last long.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Just about a week later, another maisonette in Block 106 Lengkong Tiga changed hands for S$1.27 million (S$765 psf). That\u2019s 6.19% more than the previous transaction \u2013 an increase of S$74,000. This was also the first time a resale flat in Bedok crossed the S$1.2M mark.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Both units had the same floor area of 1,658 sqft \u2013 the only difference with the S$1.27M unit was how it&#8217;s located between the 7th and 9th floors. Even so, this slight height advantage couldn\u2019t have contributed much to the premium.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">The lease for Kembangan Gardens started in 1989, so the S$1.27M flat still <\/span>has around 63 years left. That\u2019s pretty decent for a resale maisonette, especially when you consider that HDB no longer builds flats of this size.\u00a0<\/p>\r\n<p style=\"border: 2px solid black; padding: 10px;\"><strong><em>Check your affordability with<\/em> <a href=\"https:\/\/www.99.co\/singapore\/tools\/affordability-calculator\" target=\"_blank\" rel=\"noreferrer noopener\">99.co&#8217;s affordability calculator<\/a>!<\/strong><\/p>\r\n\r\n\r\n\r\n\r\n    <section id=\"portal-widget-tab-panel-6a269b93c6558\" class=\"portal-widget-tab-panel\">\n        <div class=\"swiper-container\" id=\"swiper-container-6a269b93c6558\">\n                        <div class=\"row-title-widget\">\n                <div class=\"portal-widget-carousel-title-left\"><h4 class=\"portal-widget-title\">Properties for you in Kembangan Gardens <\/h4><\/div>\n                <div class=\"portal-widget-carousel-title-right text-right\"><span class=\"portal-widget-see-all-link link-top\"><a href=\"\" class=\"nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/hdb\/kembangan-gardens-dedYwLFQZZ99onCQ2eSLqgkF?main_category=hdb&amp;name=Kembangan%20Gardens&amp;page_num=1&amp;page_size=36&amp;path=%2Fsingapore%2Fsale%2Fhdb%2Fkembangan-gardens-dedYwLFQZZ99onCQ2eSLqgkF%3Fmain_category%3Dhdb%26name%3DKembangan%2520Gardens%26page_num%3D1%26page_size%3D36%26property_segments%3Dresidential%26query_coords%3D1.32522949075411%252C103.91034278607421%26query_ids%3DdedYwLFQZZ99onCQ2eSLqgkF%26query_name%3DKembangan%2520Gardens%26query_text%3DKembangan%2520Gardens%26query_type%3Dcluster%26show_cluster_preview%3Dtrue%26show_description%3Dtrue%26show_internal_linking%3Dtrue%26show_meta_description%3Dtrue%26show_nearby%3Dtrue%26sort_field%3Drelevance%26sort_order%3Ddesc%26zoom%3D15&amp;property_segments=residential&amp;query_coords=1.32522949075411%2C103.91034278607421&amp;query_ids=dedYwLFQZZ99onCQ2eSLqgkF&amp;query_name=Kembangan%20Gardens&amp;query_text=Kembangan%20Gardens&amp;query_type=cluster&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;sort_field=relevance&amp;sort_order=desc&amp;zoom=15&utm_source=blog&utm_medium=widget\">See all listings<\/a><\/span><\/div>\n            <\/div>\n                        <div class=\"portal-widget-carousel swiper-wrapper\">\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/qeFqM37b3g5S5omWyL2SM9?text=Angeline+Lim+Siew+Yoke&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=0611d3f5155842360d0826de0bf25179b3d070d8\" alt=\"104 Lengkong Tiga Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">104 Lengkong Tiga<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 410104 \u00b7 D14<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,571 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,230,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/104-lengkong-tiga-hdb-FHsy5d9acfxbCfCGsGwdry?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/FdrnrkBQYUYFFLw4vZ4toY?text=Agnes+Eng&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=fa8bf555b6f54b3cd12ffb30f4327ce2eb46c581\" alt=\"102 Lengkong Tiga Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">102 Lengkong Tiga<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 410102 \u00b7 D14<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,388 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,150,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/102-lengkong-tiga-hdb-AxdN72D4JgPDjfwSho7HeY?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/kQu6LZu7Cmnx4Pbrs6d4TW?text=Yong+Wee+Foong&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=1177c3a0ed98cf36a5aa0ce8e376c8d9e5d07d50\" alt=\"108 Lengkong Tiga Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">108 Lengkong Tiga<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 410108 \u00b7 D14<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,615 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,250,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/108-lengkong-tiga-hdb-knUFbiWZ372XyX65tE5xtU?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                            <\/div>\n            <!-- Add Arrows -->\n            <div class=\"swiper-button-next\"><\/div>\n            <div class=\"swiper-button-prev\"><\/div>\n                    <\/div>\n    <\/section>\n\n<p>&nbsp;<\/p>\n\r\n\r\n\r\n<h2 id=\"A-closer-look-at-Kembangan-Gardens\u2019-location\" class=\"wp-block-heading\"><b>A closer look at Kembangan Gardens\u2019 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!1d3801.7813711188232!2d103.9109383!3d1.3233079!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x31da180105bcd6e7%3A0xb6c9789f8a1ace7!2s106%20Lengkong%20Tiga%2C%20Singapore!5e1!3m2!1sen!2smy!4v1745229607049!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;\">Kembangan Gardens residents will have access to Kembangan MRT on the East-West Line in an 8-minute walk from the development, plus upgraded cycling paths along Jalan Kembangan.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Need to do a quick grocery run? There\u2019s a FairPrice supermarket just a 2-minute walk away. If you\u2019re looking for more variety in food, shopping, or leisure options, Kembangan Plaza is also nearby \u2013 around a 9-minute walk. However, do note that there aren\u2019t any hawker centres in the immediate area, which might be a consideration for some.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Families with young children will be glad to know that the area is served by several kindergartens and childcare centres, and when it comes to primary school options, there\u2019s a fair number of schools close by too.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Within 1km, you\u2019ll find:<\/span><\/p>\r\n\r\n\r\n\r\n<ol class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">Maha Bodhi School<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">St. Stephen&#8217;s School<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Telok Kurau Primary School<\/span><\/li>\r\n<\/ol>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">And in the 1 to 2km range, there are:<\/span><\/p>\r\n\r\n\r\n\r\n<ol class=\"wp-block-list\">\r\n<li><span style=\"font-weight: 400;\">CHIJ (Katong) Primary<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Damai Primary School<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Haig Girls\u2019 School<\/span><\/li>\r\n\r\n\r\n\r\n<li><span style=\"font-weight: 400;\">Opera Estate Primary School<\/span><\/li>\r\n<\/ol>\r\n\r\n\r\n\r\n<p>If you love spending time outdoors though, you\u2019ll need to venture out a bit. There aren\u2019t any major parks right next door to Kembangan Gardens. However, with the Siglap Park Connector nearby, you can reach East Coast Park by cycling or running.<\/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=kembangan-hdb\" 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\">\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<h2 id=\"With-about-60-years-left-of-its-lease,-are-prices-in-Kembangan-Gardens-still-appreciating?\" class=\"wp-block-heading\"><b>With about 60 years left of its lease, are prices in Kembangan Gardens still appreciating?<\/b><\/h2>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1200\" height=\"900\" class=\"wp-image-84615\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-gardens-sale-trends.png\" alt=\"a graph depicting the hdb resale performance of kembangan gardens over the past 5 years\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-gardens-sale-trends.png 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-gardens-sale-trends-150x113.png 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Yes, prices for the project are still climbing.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">Over the past five years, even as the remaining lease dipped from about 68 to 63 years, the average prices for Maisonette units in Kembangan Gardens surged by around 54.78%. On a year-on-year basis since 2020, there\u2019s been a noticeable rise \u2013 but what stands out most is the jump between 2023 and 2024. That year saw almost twice the increase compared to the previous year. And from 2024 to 2025, the upward trend doesn\u2019t seem to be slowing down.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">In fact, according to 99.co\u2019s Researcher, the average price for Kembangan Gardens EXE units in 2025 currently stands at S$1,185,000. <\/span><span style=\"font-weight: 400;\">Right now, there are two active <a href=\"https:\/\/www.99.co\/singapore\/sale\/hdb\/kembangan-gardens-dedYwLFQZZ99onCQ2eSLqgkF?main_category=hdb&amp;name=Kembangan%20Gardens&amp;page_num=1&amp;page_size=36&amp;path=%2Fsingapore%2Fsale%2Fhdb%2Fkembangan-gardens-dedYwLFQZZ99onCQ2eSLqgkF%3Fmain_category%3Dhdb%26name%3DKembangan%2520Gardens%26page_num%3D1%26page_size%3D36%26property_segments%3Dresidential%26query_coords%3D1.32522949075411%252C103.91034278607421%26query_ids%3DdedYwLFQZZ99onCQ2eSLqgkF%26query_name%3DKembangan%2520Gardens%26query_text%3DKembangan%2520Gardens%26query_type%3Dcluster%26show_cluster_preview%3Dtrue%26show_description%3Dtrue%26show_internal_linking%3Dtrue%26show_meta_description%3Dtrue%26show_nearby%3Dtrue%26sort_field%3Drelevance%26sort_order%3Ddesc%26zoom%3D15&amp;property_segments=residential&amp;query_coords=1.32522949075411%2C103.91034278607421&amp;query_ids=dedYwLFQZZ99onCQ2eSLqgkF&amp;query_name=Kembangan%20Gardens&amp;query_text=Kembangan%20Gardens&amp;query_type=cluster&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;sort_field=relevance&amp;sort_order=desc&amp;zoom=15\" target=\"_blank\" rel=\"noopener\">maisonette listings on 99.co for Kembangan Gardens<\/a> above that average. One is priced at S$1.2 million, and the other at S$1.23 million \u2013 both of which are higher than the earlier S$1.196 million record. While these asking prices could still be negotiated, the recent S$1.27 million sale has likely set new expectations for sellers, making it less likely they\u2019ll reduce their prices significantly.<\/span><\/p>\r\n\r\n\r\n\r\n<p><span style=\"font-weight: 400;\">This pricing pattern mirrors what was highlighted in last year\u2019s property market review \u2013 more and more buyers are showing willingness to pay a premium for larger HDB units, even when their leases are shorter. It may be that the sheer space these maisonettes offer adds to their appeal. But there\u2019s also the scarcity factor \u2013 these types of homes are no longer being built, and that uniqueness gives them a sort of legacy value that continues to draw interest.<\/span><\/p>\r\n\r\n\r\n\r\n<h5 id=\"h-interested-in-more-all-time-high-ath-covers-nbsp-head-on-over-here-nbsp\" class=\"wp-block-heading\"><strong>Interested in more All-Time High (ATH) covers?\u00a0<a href=\"https:\/\/www.99.co\/singapore\/insider\/tag\/ath\/\" target=\"_blank\" rel=\"noreferrer noopener\">Head on over here<\/a>!\u00a0<\/strong><\/h5>\r\n","protected":false},"excerpt":{"rendered":"<p>If you tried your luck during the October 2024 BTO launch but didn\u2019t manage to secure a unit in Bedok \u2013 specifically in Kembangan \u2013 you\u2019re not out of options. There\u2019s actually an existing HDB project in Kembangan, and even better, it offers maisonettes. In fact, a unit there just set an all-time high (ATH)&hellip;<\/p>\n","protected":false},"author":141,"featured_media":84612,"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":"","_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":[53631,53642,53643,57131],"tags":[58996,59397,59398,58505,59394,59396,59399,59400],"persona":[57127,57128],"class_list":{"2":"type-post","21":"entry","22":"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>Yes, there\u2019s a HDB in Kembangan \u2013 and it sold for an ATH of S$1.27M - 99.co<\/title>\n<meta name=\"description\" content=\"There&#039;s actually an existing HDB project in Kembangan, and even better, the flats there are maisonettes. Read more!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yes, there\u2019s a HDB in Kembangan \u2013 and it sold for an ATH of S$1.27M\" \/>\n<meta property=\"og:description\" content=\"There&#039;s actually an existing HDB project in Kembangan, and even better, the flats there are maisonettes. Read more!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/99dotco\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T05:18:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-23T05:30:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-hdb-resale.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sophiyanah David\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@99dotco\" \/>\n<meta name=\"twitter:site\" content=\"@99dotco\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sophiyanah David\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/\"},\"author\":{\"name\":\"Sophiyanah David\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#\/schema\/person\/702f2d8d347fdec35be0d2478a4e069b\"},\"headline\":\"Yes, there\u2019s a HDB in Kembangan \u2013 and it sold for an ATH of S$1.27M\",\"datePublished\":\"2025-04-23T05:18:42+00:00\",\"dateModified\":\"2025-04-23T05:30:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/\"},\"wordCount\":1231,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-hdb-resale.jpg\",\"keywords\":[\"ath hdb resale\",\"bedok ath\",\"bedok hdb resale\",\"kembangan\",\"kembangan bto\",\"kembangan gardens\",\"kembangan hdb\",\"kembangan wave\"],\"articleSection\":[\"HDB\",\"HDB BTO in Singapore - BTO 2024, 2025 News &amp; Updates\",\"HDB Resale\",\"Property News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#organization\"},\"accessibilityFeature\":[\"tableOfContents\"]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/\",\"url\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/\",\"name\":\"Yes, there\u2019s a HDB in Kembangan \u2013 and it sold for an ATH of S$1.27M - 99.co\",\"isPartOf\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.99.co\/singapore\/insider\/ath-hdb-kembangan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/04\/kembangan-hdb-resale.jpg\",\"datePublished\":\"2025-04-23T05:18:42+00:00\",\"dateModified\":\"2025-04-23T05:30:48+00:00\",\"description\":\"There's actually an existing HDB project in Kembangan, and even better, the flats there are maisonettes. 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