S$1.7M resale for 5-room HDB at SkyTerrace@Dawson sets Singapore record

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Record S$1.7 Million Resale for 5-Room HDB Flat at SkyTerrace@Dawson

A five-room flat at SkyTerrace@Dawson in Queenstown has changed hands for S$1.7 million, marking the highest officially recorded Housing and Development Board (HDB) resale price in Singapore to date. The transaction underscores the strong demand for centrally located, newer public housing in mature estates.

New Benchmark for HDB Resale Prices

The S$1.7 million deal surpasses the previous official record of S$1.658 million, also set by a five-room unit in the same SkyTerrace@Dawson development in June 2025. With this latest sale, Queenstown continues to be at the forefront of record-breaking HDB transactions.

Unit Details and Lease Profile

The transacted flat is a five-room unit with an approximate price of S$1,294 per square foot. The block obtained its Temporary Occupation Permit (TOP) in 2016, leaving the flat with about 89 years and three months remaining on its 99-year lease at the time of sale.

From BTO Launch to Quadruple Value

When SkyTerrace@Dawson was first launched as a Build-To-Order (BTO) project in 2009, five-room units were priced at around S$532,000. Based on the latest S$1.7 million resale, values for these larger flats have effectively more than quadrupled in under two decades.

Public Housing Prices Approaching Prime Private Levels

Property portal 99.co noted that the current record price range was previously associated mainly with prime private residential projects. The S$1.7 million SkyTerrace@Dawson transaction illustrates how select public housing units in central locations are now achieving values once seen only in the private segment.

Queenstown’s Ongoing Run of High-Value Deals

Queenstown has been a consistent hotspot for high-value HDB resales. In July 2024, a five-room flat at nearby SkyOasis@Dawson reportedly sold for nearly S$1.73 million. However, that transaction does not appear in the HDB’s official resale database, making the latest SkyTerrace@Dawson sale the highest officially recorded HDB resale price so far.

Key Takeaways

• A five-room flat at SkyTerrace@Dawson in Queenstown has sold for S$1.7 million.
• The deal sets a new official record for the highest HDB resale price in Singapore.
• The price works out to about S$1,294 per square foot.
• The flat has roughly 89 years and three months left on its 99-year lease.
• Similar five-room units in the same project were launched around 2009 at about S$532,000.
• Queenstown continues to be a focal point for record-setting HDB resale transactions.

Source: S$1.7M resale for 5-room HDB at SkyTerrace@Dawson sets Singapore record

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