SINGAPORE: Yet another Housing & Development Board flat has recently joined the million-dollar club. This time, it’s a five-bedroom unit at 440C Clementi Avenue 3, which changed hands for S$1.3 million earlier this month.
Previously, a 1,249 sq ft unit at block 441A Clementi Avenue 3 had set the record for the most expensive transaction, selling for S$1.28 million in January 2023. Since the development lease began in 2018, its owners still have 93 years and three months to enjoy the unit .74 units sold last month aloneOther significant sales were noted in Queenstown, Geylang, Bishan, Bedok, Central, Hougang, Ang Mo Kio, Serangoon, Clementi, Pasir Ris, Tampines, Jurong West, Marine Parade, Bukit Timah, Bukit Batok, and Yishun.
Location surely played a big part in the high selling price of the flat at 440C Clementi Avenue 3, notes 99.co. Clementi Cascadia is a mere two to three-minute walk from the Clementi MRT station and the bus interchange.However, it’s also right beside not one but three malls, Clementi Mall, Grantral, and 321 Mall, making it very convenient for residents.