Dream Homes Hit the Million-Dollar Milestone—Tampines & Punggol Celebrate!
It’s officially happening: the inner-state sectors of Tampines and Punggol are now bragging rights owners in the million-dollar HDB resale club. That’s right—Singapore’s own town‑homes have turned into luxury listings that’ll make the property prices on the internet feel‑like a slot‑machine win.
Breaking it Down
- Tampines Maisonette: A two‑story gem sold for $1.013 million this month. That’s a full extra 13k over the usual million mark—proof that space still counts.
- Punggol Loft: The five‑room loft was the first ever Punggol flat to cross the silver line, setting the benchmark for future listings in the area.
Why This Is a Big Deal
Once it was just a rental in the suburbs—now a resale, and it’s a luxury resale. These sold prices hint that the spiralling demand for good public housing is turning into a cash‑rich treasure‑hunt. Each transaction isn’t just a number; it’s a clear sign that home buyers are willing to pay just about anything when they find the right spot.
The Real Estate Takeaway
While we’re all living in these gorgeous places, let’s pay attention: the price‑per‑square‑foot indexes in these neighbourhoods are nudging upwards. The larger takeaway is that HDB units—once known only for their modest price tags—can now punch above their weight in the resale market.
So if you’re still looking at HDB options, consider that your dream flat might just turn into a million‑dollar slice of the market, too. Cheers to new homeowners!
First million-dollar resale HDB flat in Tampines
Why This Flat Is A Must‑See
The 1,658‑sq‑ft unit comes at S$611 per square foot, a sweet spot in today’s market.
It fits around 75–80 people in a single living room – perfect for a bustling family or a cozy home office.
Nestled in Block 856D, Tampines St 82, the unit sits just across from Our Tampines Hub – the ultimate social hub with sports courts, shops, a hawker centre, and a library.
A quick 10‑minute stroll leads you to the Tampines MRT station and three major malls: Tampines 1, Tampines Mall, and Century Square.
With the lease starting in 1995, it still has 72 years and 3 months left. That’s a generous amount of time for you to build inheritance or simply enjoy your golden years.
Step Inside the Gateway
Picture this: You greet the neighborhood in the morning with a coffee, step into the vibrant bustle of the hub, and then head back home, carrying a tote bag full of fresh food or a library book. The convenience factor? Unbeatable. You can grab a kebab on a Monday, shop for toys on Tuesday, and finish the week with a book from the hub’s library. Life, sorted.
A Slice of Everyday Life
Got Dreaming About This?
Don’t let the 72‑year lease float you away from the excitement of a brand‑new home. It’s more than just a place to stay – it’s a lifestyle you can call your own!
First million-dollar resale HDB flat in Punggol
Inside the Quick Sale of a Lofty Punggol Property
Price Tag That Stood Out
Imagine strolling into a brand‑new loft only to see the price tag hit $1.198 million. That’s a $200,000 cash‑over‑valuation on top of the original list price of $1.22 million.
Why Buyers Jumped In
- Rarity – lofts in this area are about as common as a unicorn.
- Age – built in 2013, so the unit was still fresh off the construction site.
- Location – just a seven‑minute stroll to Soo Teck LRT and a ten‑minute walk to both Punggol MRT and Waterway Point.
Details About the Loft
The unit sits on the top floor, spanning 1,603 sq ft and coming out at a hammering price of $747 per sq ft. It’s the kind of place where you can literally say, “I’m on top of the world!”.
Closing the Deal
Yuna Lim from Singapore Estate Agency flew in as the closing hero. She shared with 99.co that after a bit of haggling—highlighting the loft’s potential and scarcity—the final sale price locked in at $1.198 million.
In a Nutshell
Fast swings: the property opened for viewing, and just two days later it went under the hammer. A quick, slick transaction that left buyers grinning ear‑to‑ear, and sellers with a story for the ages.
Rare double-storey HDB flats
Stunner in the High Rise: Double‑Storey HDBs Snag Million‑Dollar Deals
Who would have thought that owning a maisonette or loft could feel like stepping into an episode of “House Hunters” and closing the deal for more than $1 million? The latest market buzz has these rare double‑storey HDB gems flying off the shelves faster than you can say “multilevel living.”
Why Everyone’s Rushing to Grab a Maisonette or Loft
These aren’t your typical two‑bedroom flats. They’re double‑storey—one full floor stacked right on top of another—making their square footage and view potential truly one‑of‑a‑kind. That rarity is the secret sauce that makes buyers line up like it’s Black Friday at the mall.
Of Course, You’re Not Buying a Brand‑New Maisonette
- HDB no longer builds new maisonettes; the only ones available are from the resale market.
- This scarcity rule means each unit is like a fossil — truly one of a kind in modern Singapore.
Loft Units: The Interior Design Goldmine
- Only a handful exist on the market: 26 at SkyTerrace @ Dawson, 23 at Punggol Sapphire, and 14 at Treelodge @ Punggol.
- Each loft’s open‑plan layout and easy access to natural light make them a designer’s dream (and a buyer’s nightmare).
The Record‑Breaking Tier
In July, a five‑room loft at SkyTerrace @ Dawson set the benchmark, selling for $1 418 000. The price tag alone is proof that HDB is now not just for budget living but a burgeoning luxury tier.
So, if you’re eyeing the rental market or looking to make that sweet upgrade, keep your eyes peeled — the next double‑storey HDB could be waiting just around the corner (and maybe for a price that will make your wallet roll… but hey, a little ambition never hurt anyone, right?).
HDB estates further from city centre are recording million-dollar resale HDB flats
Million Dollar Madness: HDB’s Hot‑Spot Estates
Hold onto your keys—seven HDB estates now boast their first million‑dollar flat this year. From Yishun to Bukit Batok, these terraces are proving that even in Singapore’s public housing, the price tag can skyrocket.
Which Estates Are on the Priced‑Up Parade?
- Yishun
- Woodlands
- Pasir Ris
- Marine Parade
- Bukit Batok
- Tampines
- Punggol
The surprising part? These hot spots are all a little farther from the city centre compared to the usual residents of Bishan, Bukit Merah and Queenstown, which usually host the more expensive estates.
Why Are the Prices So Huge?
Hint: It’s all about the size. Most of these million‑dollar units are large – think “jumbo” flats and maisonettes that could seriously fit a small house party. If you’re trying to buy a home that’s practically a penthouse, you’ll find it here.
Fun Fact:
When the first resale unit in Tampines joined the million‑dollar club, the community’s reaction was memes, “Who launched a private jet in a public housing block?” It’s a reminder that the dream can be real… even in HDB plots.
You might be laughing at the numbers, but remember: a million‑dollar flat in an HDB estate isn’t your typical residential block, it’s a bold move in a city that loves history and innovation alike. If you’re eyeing a unit, the sky—together with some extra zeroes—is no longer the limit.