In Singapore, public housing is a common concept and most Singaporeans are able to afford a public housing home due to the highly subsidised rates.
What’s uncommon are the million-dollar HDB flats that have been in the spotlight in recent years.
Just this month, a five-room flat at Pinnacle@Duxton just sold at $1.4 million, a record price for the project. The corner unit on the 41st floor is 1,141 sqft and works out to $1,227 psf.
The disparity is due to various factors, including the backlog in BTO construction leading to new couples looking at the resale market for homes, as well as the overall uptrend of the Singapore property market.
Read Also: Complete Guide To Property Tax For Homeowners In Singapore
The Pinnacle@Duxton
Image Credit: SRX
Where is this: Tanjong Pagar
A 50-storey residential development in Singapore city centre, there are two sky gardens that connect the HDB project, with seven looming connected towers overlooking Singapore’s Central Business District.
The Pinaccle@Duxton, is supposed to be a testament to Singapore’s innovative approach to urban planning and public housing.
The design of the HDB project is a winner out of more than 200 entries in an international architectural design competition by the Urban Redevelopment Authority in 2001.
The sky gardens are linked at the 26th and 50th floors of the tower blocks and there are jogging tracks, playgrounds, rest and viewing areas. The 50th floor sky garden is assessable to the public, while the 26th floor is only accessible to residents.
In Sept 2020, the development held the record for both the most popular 5-room and 4-room choices at $1.23 million and $1.19 million.
SkyVille@Dawson
Image Credit: Finbarr Fallon
Where is this: Queenstown
This public housing project located in Queenstown was commissioned by the HDB on a strict public sector budget and yet with the requirements of community, variety, and sustainability. The HDB project stands 47 storeys tall and was part of the BTO sales launch in 2009 which was completed in 2015.
Every tower is composed of four vertically stacked Sky Villages, with three towers linked. There is no single internal corridor in the development, despite the 960 homes. Award winning architect firm WOHA was behind the design.
The roof of the HDB is a public park with a 300 metres walking track.
In Jan 2023, a four-room premium apartment was sold at $990,000.
SkyTerrace@Dawson
Image Credit: SCDA
Where is this: Queenstown
In 2008, SCDA was commissioned by HDB to explore new possibilities in public housing design in Singapore. From there, SkyTerrace@Dawson was born.
The key ideas behind this project included: housing in a park, connectivity to surroundings, and multi-generational living.
The project is located in Dawson Estate, by Margaret Drive on the North and by Dawson Road on the West.
This project has seamless connectivity to greenery on three sides, and its green concept is further put forth by the lush landscaping on the ground area that travels up the building facades in the form of green terracing, roof gardens, and green sky terraces.
A feature of this project is the loft units – designed to allow the possibility of combining a paired double-storey four or four room unit with a studio apartment.
Fun fact: The current record for the most expensive HDB resale flat is set by a five-room flat in this project which sold last July, at $1.42 million.
Natura Loft
Image Credit: SRX
Where is this: Bishan
Think million-dollar HDBs and you are on the right track. Located in Bishan, these HDBs have made headlines for transactions of over a million.
Launched in November 2008, this was the fourth DBSS project in Singapore that had condo-features such as an underground basement carpark and a condominium façade.
Developer Qingjian Realty launched the flats at $460,000 to $590,000 for four-room flats, and $590,000 to $740,000 for five-room flats.
Although the launch sales were lacklustre due to the economy suffering from the financial crisis at the time, homeowners now are laughing to the bank, with four-room flats now averaging $850,000, and five-room flats at $1.05 million.
CityVue@Henderson
Image Credit: Surbana Jurong
Where is this: Bukit Merah
Located at Henderson Road in District Three, the HDB development is within walking distance to Redhill MRT and Tiong Bahru MRT.
It is also surrounded by schools, supermarkets, clinics, and a post office. There is also a park located close by – Tiong Bahru Park – for residents to take walks or for some fresh air.
Built in 2018, the development has eight blocks towering 48 floors, and 1,232 units. There are roofs with benches as well as stone benches at its sky gardens.
The feature of this estate is the unblocked views. Those living on the top few floors can enjoy unblocked views of the Southern Waterfront. You can be able to spot the Singapore Flyer and Singapore’s Central Business District.
In March 2023, a four-room apartment located at the 31st to 33rd storey was sold at $1.04 million. The size of the apartment is 1,001 sqft.
Kim Tian Green
Image Credit: Dollars And Sense
Where is this: Bukit Merah
Another property located in District Three, the estate location is also within walking distance to MRT stations such as Tiong Bahru MRT and Havelock MRT.
Similarly, it is close to supermarkets and shopping malls like Tiong Bahru Plaza and Concorde Shopping Centre.
A three-room apartment transacted at $680,000 in Jan 2023 and is located on the 40th to 42nd storey.
Read Also: Neighbourhood Estate Guide: Is Bukit Merah The Most Overrated Or Underrated Estate In Singapore?
Havelock View
Image Credit: Rick Neoh
Where is this: Bukit Merah
Properties in District Three are popular, as seen by how this estate is also included in the list. Built in 2013, the development has 10 blocks.
It is within walking distance to Tiong Bahru MRT and Havelock MRT. Supermarkets, shopping malls, and the local park are all within close proximity.
The five-room (improved) flats in the estate, with a size of 1,200 sqft each, transacted above $1 million late last year, at a price range of $1.13 million to $1.15 million.
Kallang Trivista
Image Credit: United U-Li Projects
Where is this: Boon Keng
Completed in 2017, the development which has three blocks and 808 units is located in Boon Keng area.
It is within walking distance to Kallang MRT and Geylang Bahru MRT.
Recent transactions place the property at the $930,000 range, for a four-room premium apartment.
River Peaks
Image Credit: HDB
Where is this: Jalan Besar
It is the first BTO project to be launched under the Prime Location Public Housing (PLH) model. Located in the central area, along Kelantan Road and Weld, it is next to Jalan Besar MRT and Sim Lim Tower.
The project will have six blocks of 47-floors tall. It takes over spot of the former Sungei Road flea market location, better known as Thieves’ Market. There are 960 units of three-room and four-room flats.
Four-room units were priced at $688,000, but it is anticipated that the flats will climb significantly once the residents sell them after the 10-year Minimum Occupation Period.
The estate is designed to be a self-contained integrated development, with a supermarket, F&B, residents’ network centre, elderly facilities, and childcare centre.
Treelodge@Punggol
Image Credit: HDB
Where is this: Punggol
This is HDB’s first eco-precinct that harnesses nature and promotes sustainable green living. Green building technologies are used to promote energy conservation, efficient use of resources, and recycling efforts.
The design of Treelodge@Punggol combines nature with technology to achieve environmental sustainability. The provision of greenery not only relieves the Urban Heat Island Effect and reduces the ambient temperature, it also enhances the aesthetics within the precinct, creating a conducive living environment.
The estate comprises seven residential blocks with a podium carpark. The location is within walking distance from Punggol bus interchange and Punggol MRT. It is also accessible by LRT.
A four-room premium apartment of 1,001 sqft was sold at $690,000 in Feb this year.
Featured Image Credit: Time Out
Read Also: 6 Things To Know About River Peaks I & II In Rochor, The First PLH BTO
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