Singapore, 13 Mar 2020 As flats at prime-locations, like the Dawson HDBs in Queenstown reach the end of their minimum occupation period (MOP), we are beginning to see million-dollar resales emerge.
Christine Sun, head or research and consultancy at OrangeTee & Tie, says: “It seems like there were fewer HDB flats sold for $1 million and above in 4Q2019. However, this number may pick up slightly when more flats at Dawson reach their MOP this year. Some of the high-floor, unblocked units in that estate may be able to command million-dollar price tags.”
Other HDB estates that could also see million-dollar sales this year include those in Bukit Merah and Toa Payoh, says Sun.