A rare HDB corner terrace house in Whampoa commanded $1.02 million in April, exceeding the previous record-setter, a Bishan Street 13 maisonette, which was sold for $1.01 million in January.
It is the fourth Housing Board resale unit to be sold for $1 million or more, the Singapore Real Estate Exchange (SRX) told The Straits Times.
But property analysts emphasised that such record-breakers are rare exceptions to the norm.
The latest, for example, is one of Singapore's 285 "landed" public homes, located in Whampoa and Queenstown.
ABOUT THE HOUSE - 266 sq m three-room corner terrace with a garden
- 59 years left on its 99-year lease
- $1.02 million sale price includes $140,000 cash over valuation; works out to be about $360 psf
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