The resale price of Ang Mo Kio’s 15-bedroom HDB flat is as high as 1.48 million yuan. In addition to breaking the resale record of Ang Mo Kio, it is also more than 200,000 yuan higher than nearby units. Real estate analysts pointed out that some people are willing to offer such high prices does not mean that many buyers will do this, and it is a rare case.

Last month, a five-bedroom unit in Building 588D, Park Central@AMK, Private HDB (DBSS) on 52nd Street, Ang Mo Kio, was resold for 1.48 million yuan, setting a record for the highest resale in history of the project, and even more “expensive” than the highest resale price of 1.268,000 yuan set in February last year.

In the same month, the first-five-bedroom unit in Block 588B adjacent to the store was sold for 1.12 million yuan. Although the two units were resold at the same time, the prices were 360,000 yuan apart.

Ang Mo Kio Central Garden Residence was built in 2011 and has four 30-storey HDB flats, with a total of 578 four-bedroom and five-bedroom units, with up to 402 units being five-bedroom units.

The above-mentioned high-priced resale unit is located between 28 and 30 floors, with an area of ​​119 square meters, and there are still remaining house deeds for 85 years and 7 months.

Further reading

Ang Mo Kiosk five-bedroom private HDB flats hit a new high of more than 1.26 million yuan

Ang Mo Kiosk five-bedroom private HDB flats hit a new high of more than 1.26 million yuan

Toa Payoh five-bedroom private HDB flat resale for RMB 1.6 million

Toa Payoh five-bedroom private HDB flat resale for RMB 1.6 million

The last resale record of the HDB flat in the same building (Block 588D) and a five-bedroom unit with a 28-30-storey building was completed in August 2018. The resale price was 850,000 yuan at that time, which was 630,000 yuan from the above-mentioned high-priced units.

The reporter sorted out the government data platform and found that the Aung Mo Kio Central Park House has been active in the resale market since it reached its minimum living period at the end of 2016. So far, 278 units have been resold, of which 33 five-bedroom units are sold for more than one million yuan, seven are from Building 588D (including the above units). The remaining reselling prices of the remaining one million units are between RMB 1 million and RMB 1.188800.