JUST SOLD: Bishan DBSS flat sold for $1.04 million

By Tan Chee Yuen / The Edge Property | October 27, 2016 11:29 AM SGT
A 1,291 sq ft five-room DBSS flat in Bishan was sold for $1.04 million on October 21, making it the second priciest DBSS flat to date. The DBSS project, Natura Loft, is located on Bishan Street 24, about 200m from Catholic High School.
In August, a 1,280 sq ft five-room DBSS flat at City View @ Boon Keng set the record price for a DBSS flat when it was sold for $1.10 million. City View @ Boon Keng is located on Boon Keng Road, some 300m away from Boon Keng MRT station.
Both Natura Loft and City View @ Boon Keng was completed in 2011 and fulfilled their five-year minimum occupation period this year.
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There were five transactions involving DBSS flats that fetched above $1 million. Of these, four transactions came from City View @ Boon Keng.
Transactions for DBSS flats that fetched above $1 million
Project
Street
Price
Floor level
Type
Area (sq ft)
Contract date
City View @ Boon Keng
8 Boon Keng Road
1,100,000
28 to 30
5-Room
1,280
12/8/2016
Natura Loft
273B Bishan Street 24
1,038,000
40 to 42
5-Room
1,291
21/10/2016
City View @ Boon Keng
9 Boon Keng Road
1,028,000
40 to 42
5-Room
1,280
25/5/2016
City View @ Boon Keng
7 Boon Keng Road
1,025,000
31 to 33
5-Room
1,259
27/7/2016
City View @ Boon Keng
8 Boon Keng Road
1,004,888
40 to 42
5-Room
1,280
21/3/2016

Source: HDB, The Edge Property

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