{"id":96065,"date":"2026-05-21T12:36:19","date_gmt":"2026-05-21T04:36:19","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=96065"},"modified":"2026-05-21T12:36:19","modified_gmt":"2026-05-21T04:36:19","slug":"newly-mop-ed-waterfront-hdb-project-records-first-4-room-resale-at-s830k","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/newly-mop-ed-waterfront-hdb-project-records-first-4-room-resale-at-s830k\/","title":{"rendered":"Newly MOP-ed waterfront HDB project records first 4-room resale at S$830K"},"content":{"rendered":"
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A recently MOP-ed HDB project in Punggol has just recorded a notable resale transaction, with a 4-room unit changing hands for S$830,000 in early May 2026. Interestingly, the deal came surprisingly close to the current town record for a 4-room flat, which was set just a month earlier in April 2026 at S$848,000.\u00a0<\/span><\/p>\r\n\r\n\r\n\r\n

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Table of contents<\/h3>\r\n
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  • Newly MOP-ed unit in Waterfront I @ Northshore completes first sale at S$830K<\/a><\/li>\r\n
  • 4-room layout in Waterfront I @ Northshore\u00a0<\/a><\/li>\r\n
  • Waterfront I @ Northshore\u2019s location<\/a><\/li>\r\n
  • Current record holder for 4-room flats in Punggol<\/a><\/li>\r\n
  • Sales trend of 4-room units in Punggol<\/a><\/li>\r\n
  • What\u2019s next for Punggol?<\/a><\/li>\r\n<\/ul>\r\n<\/div>\r\n\r\n\r\n\r\n

    Newly MOP-ed unit in Waterfront I @ Northshore completes first sale at S$830K<\/b><\/h2>\r\n\r\n\r\n\r\n

    The S$830,000 transaction was officially registered on 5 May 2026. The deal involved a 4-room flat at Block 415B Northshore Drive, positioned between the 4th and 6th floors. The unit measures 1,012 sqft, which means the transaction worked out to around S$820 psf.<\/span><\/p>\r\n\r\n\r\n\r\n

    Since the project only recently completed its MOP this year, the unit still retains a healthy remaining lease of around 94 years and 9 months. For many buyers, that long lease may have added to the project\u2019s appeal, especially when compared to older flats in the resale market.<\/span><\/p>\r\n\r\n\r\n\r\n

    Waterfront I @ Northshore<\/a><\/strong> was originally launched during the November 2015 BTO exercise. The development consists of 2-room Flexi, 4-room, and 5-room flats. Back then, the 4-room units were priced from approximately S$284,000 before grants.<\/span><\/p>\r\n\r\n\r\n\r\n

    Typically, BTO launch prices rise by around S$5,000 for every higher floor tier. Since this particular resale unit was located on the lower floors, the original purchase price would likely have remained relatively close to the launch starting figure.<\/span><\/p>\r\n