A 4-room HDB resale flat at Tiong Bahru was recently sold for a record-breaking S$1.5 million. It is now the most expensive HDB resale flat ever sold.
This is also not the only record the S$1.5 million transaction has broken. The HDB resale flat is also now the most expensive 4-room HDB resale flat, eclipsing the previous record price of S$1.4 million set by a Pinnacle @ Duxton flat in April.
The unit is located on the fourth floor of Blk 50 Moh Guan Terrace (the block only has four storeys) in Tiong Bahru. The area is mostly known for its low-rise, low-density HDB blocks (a rarity in Singapore) and an old-world charm.
What’s even more noteworthy about this HDB resale flat is its lease commence year. With its lease having started in 1973, it is now 50 years old.