DBSS flat sold for $855,000

A five-room flat at City View @ Boon Keng has been resold for $855,000, making it the first unit to be sold at the Design, Build and Sell Scheme (DBSS) project, reported My Paper, citing Housing Board records.

Situated on the 24th floor, the 109 sqm flat was sold a few months before homeowners at the project are allowed to sell their units. Continue reading

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Most expensive 4-room flat sold for $990,000

A four-room HDB flat at The Pinnacle @ Duxton measuring 93 sqm (approx. 1,000 sq ft) was recently sold for $990,000, making it the most expensive four-room resale flat to date, reported Shin Min Daily News.

Situated on the 43rd to 45th storey, the unit was sold in September.

Despite the property cooling measures, 20 four-room flats were sold this year, five of which went for $950,000, while seven five-room flats were sold for at least $1 million each. Continue reading

Pinnacle sellers making massive gains

Defying the slowing property market, Pinnacle @ Duxton sold over 60 units within five months since owners began meeting the five-year minimum occupation period last December, revealed media reports.

Owners of the said units have witnessed hefty gains from the sale. The highest resale price was recorded last month when a five-room flat on the 29th storey was sold for $1.06 million.

Specifically, six of the 17 transactions for five-room flats since January found buyers at $1 million and above. Continue reading

More resale flats sold at sky-high prices

Although the HDB resale market may have slowed, some owners are achieving big sale prices, media reports said.

The number of 5-room resale flats sold for $900,000 or more increased to 20 this year from just one over the same period last year.

Of this number, 14 came from the Pinnacle@Duxton where a 5-room flat changed hands at a record price of $1.06 million. Prices of 5-room flats at the project ranged from $345,100 to $439,400 during its launch in 2004. Continue reading

Eye on Tanjong Pagar: From shophouses to summits

While it is better known as part of the central business district (CBD), Tanjong Pagar is not without its private and public residential areas and other fascinating places of interest. The area generally centres around Neil Road, Maxwell Road, Peck Seah Street, Wallich Street, Tanjong Pagar Road and Craig Road.

Tanjong Pagar Plaza, Spottiswoode Park, and Everton Park are HDB estates nestled within Tanjong Pagar, each with its own identity and memories for residents. In fact, local writer Desmond Ong wrote a story in the popular Balik Kampung anthology series based on his experience growing up in the Spottiswoode Park estate near the former Tanjong Pagar railway station. Continue reading