
This article was first published on PropertyGuru
Despite the drop in HDB resale prices, two flats have been sold for record-breaking prices in the last two months, reported AsiaOne.
Earlier this month, a 4-room flat in Clementi was sold for $900,000, while a 5-room flat in Redhill changed hands for $950,000 in May.
Measuring 1,033.34 sq ft, the 4-room flat is situated between the 22nd and 24th levels of Block 441B Clementi Avenue 3, revealed HDB data.
It is located near Clementi Mall, Clementi Bus Interchange and Clementi MRT station.
The first flat within the area to breach the $900,000 mark was another unit located at neighbouring Block 441A, which was resold last December.