For bigger families looking for more space and can't quite afford to make the jump to private, an HDB maisonette or executive flat is the only viable option. It's been a long time since these flats were built though, and the official answer from MND is that there aren't any plans to introduce such type of homes again. As such,...
For bigger families looking for more space and can't quite afford to make the jump to private, an HDB maisonette or executive flat is the only viable option. It's been a long time since these flats were built though, and the official answer from MND is that there aren't any plans to introduce such type of homes again.
Conversely, Queenstown witnessed a surprising 17.6 per cent dip, but we would take this with a pinch of salt given how few transactions have been recorded. In 2023, there were just seven transactions in total — of which two were $1.2 million transactions at Mei Ling Street.Naturally, age plays a significant role in the prices of flats, as opting for the lowest-priced options may lead one to consider the oldest properties available.
As you reach the older age range of 21 to 30 years old, your options start to open up. The cheapest on this list would be the ones at Jurong West Street 25 at $585,000, and they are a slightly smaller size of 1,356 sq ft. It's a similar scenario to what we've found for five-room HDB flats, as besides Woodlands, Jurong West represented the cheapest option.
For flats 30 years old and above, the most affordable option is located at Yishun. This is an even bigger flat of size 1,572 sq ft that was transacted at $600,000. The benefit of this location is that it is close to Yishun Park, but given that it is some distance away from Yishun MRT and Northpoint means that it isn't for those who prize ultimate convenience.
The cheapest so far has been located in Pasir Ris, where you can get sizes of 1,561 sq ft. It is a decent location as you are close to Loyang Point, a neighbourhood mall in which you can find supermarket options such as Giant and Sheng Siong, as well as the usual food outlets.