Record‑Breaking Resale HDB Maisonette in Bukit Timah
Last month, a charming 2‑floor maisonette sat pretty much like a home‑grown gold nugget at S$1.28 million—the highest price ever for a resale HDB flat in the lush enclave of Bukit Timah.
Key Stats at a Glance
- Area: 146 sqm (about 1,572 sq ft)
- Price per square foot: roughly $814
- Location: Blk 6 Toh Yi Drive, a short five‑minute stroll to Beauty World MRT
- School proximity: within 1 km of Methodist Girls’ School, Pei Hwa Presbyterian Primary, and two other primary schools—Pei Hwa is just a brisk three‑minute walk
- Lease: Started 1989, leaving 65 years & 11 months of space‑time left
Why the Price Sky‑High?
Over the last decade, executive HDB homes in Bukit Timah have jumped about 24.2 percent on average, with the steepest climb happening in the past two years. Even though the lease dates back to the late ’80s, the surge is thought to be largely thanks to the buoyant demand for bigger, more luxurious spaces that popped up when the pandemic hit.
Feeling Lucky?
Whether you’re a buyer looking for a luxurious corner in analog comfort or a seller chasing sizzling markets, this new record shows the market hasn’t forgotten how to load the price tags up.
Million-dollar maisonettes
HDB Maisonettes: Singapore’s Hidden Luxury Gems
Ever wonder why some Singapore homes look like a tiny two‑story mansion? Those are HDB maisonettes, a rare breed of flat that’s become a hot commodity on the resale market.
What Makes a Maisonette Different?
- Two floors – the living room, dining area and kitchen stay on the ground level.
- Bedrooms usually float up on the second floor, giving you that upstairs bedroom vibe.
- Some lucky ones have a study or spare bedroom right on the ground floor.
Why the Price Tag Sizzles?
Because they’re larger than your average HDB flat (often over 1,500 sq ft) and just plain rare. Homebuyers are ready to put up over a million dollars for a sonic boom of space.
Cool Stats to Snack on
- 8 out of 9 million‑dollar flats sold in Bukit Timah last year were maisonettes.
- The first million‑dollar sales in Hougang (2018), Pasir Ris (May 2022), and Bukit Batok (July 2022) were all maisonettes.
- Other places you can sniff them out: Ang Mo Kio, Bedok, Bishan, Clementi, Tampines, and Toa Payoh.
The Takeaway
If you’re on the hunt for a spacious, two‑story HDB flat that screams “I’ve got it all,” keep your eyes peeled for these hidden treasures. They’re hard to find, but the resale market gives them a chance to shine – and trust us, the price is worth the bragging rights.
