JUST SOLD: Bishan DBSS flat sold for $960,000

By Tan Chee Yuen / The Edge Property | October 13, 2016 3:44 PM SGT
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A 1,291 sq ft, five-room DBSS flat in Bishan was sold for $960,000 on October 5. The DBSS project, Natura Loft, is located on Bishan Street 24, some 200m from Catholic High School.
The development was launched in 2008. Four-room units were priced from $465,000 to $586,000 while the five-room flats from $600,000 to $739,000. Going by the mid-price point, the seller stood to reap a profit of around $290,000
Natura Loft was completed in 2011 and this is the second transaction for five-room flats in the project. Last month, another five-room flat in the project changed hands at $970,000.
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In addition, there have been two transactions involving four-room flats in the project, both at $810,000.
As at today, a total of five DBSS projects have completed their five-year minimum occupation period. Besides Natura Loft, the other projects are The Premiere @ Tampines, City View @ Boon Keng, Park Central @ AMK and Parc Lumiere in Simei.
The latest transacted prices for five-room DBSS flats in these projects were $715,000 at The Premiere @ Tampines, $868,888 at City View @ Boon Keng, $828,000 at Park Central @ AMK and $720,000 at Park Lumiere in Simei.
Latest transactions for five-room DBSS flats by projects
Project
Street
Price
Floor level
Area (sq ft)
Natura Loft
275A Bishan Street 24
960,000
22 to 24
1,291
The Premiere @ Tampines
518C Tampines Central 7
715,000
10 to 12
1,162
City View @ Boon Keng
7 Boon Keng Road
868,888
4 to 6
1,237
Park Central @ AMK
588D Ang Mo Kio Street 52
828,000
10 to 12
1,205
Parc Lumiere
168C Simei Lane
720,000
10 to 12
1,151

Source: HDB, The Edge Property

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