On the hunt for a well-furnished yet affordable home? Chances are slim, especially when 18 districts have broken the record for resale prices of three-room flats, with Queenstown leading the way at a staggering $935,000.
Several districts further from the city centre have also seen prices soar above the $600,000 to $700,000 mark.
According to data compiled by Shin Min Daily News from the government’s data platform data.gov.sg, 18 out of 26 towns with resale flats have set new records for three-room flat prices this year.
These include areas such as Bedok, Bishan, Bukit Batok, Bukit Panjang, Bukit Timah, Chai Chee, Geylang, Hougang, Jurong West, Kallang, Punggol, Queenstown, Sembawang, Sengkang, Serangoon, Tampines, Woodlands and Yishun.
Among these, a three-room flat at Block 95 Skyparc@Dawson in Queenstown had the highest resale price of $935,000 in April.
This is the highest price recorded for a standard three-room flat (excluding landed properties), and it remains the only three-room flat resale unit to surpass the $900,000 mark.
These units are located within the 34th to 36th storeys, spanning 66 sq m. Such homes are classified as Premium Apartments with a lease of 95 years and 7 months.
Previously, Queenstown’s highest resale price for a three-room flat was $930,000 for a 108-square-meter landed property unit.
For a typical three-room flat, the previous record was $838,000 for a unit at Holland Drive, sold in September 2024.
On the other side of the island, a three-room flat in Bedok has broken the $700,000 mark for the first time this year.
Last month, a unit within the 13th and 15th storeys of Block 429B Bedok North Woods was sold for $730,000.
Other districts like Bukit Batok, Punggol, Tampines and Sembawang have also seen their three-room flat resale prices exceed $600,000.
Notably, Punggol’s highest resale price has reached $600,000, while Bukit Batok’s three-room flat went for $610,000. Flats in Sembawang also saw prices hitting $620,000.
Tampines is not far behind, with a Design, Build and Sell Scheme (DBSS) three-room flat selling for $698,000 last month.
Queenstown three-room flat sold at $935,000; Bedok flat at $730,000
