In a notable real estate transaction, a Multi-Generation HDB flat located at Block 666 Yishun Avenue 4 has been sold for S$1.212 million. This sale marks a significant achievement, as it stands as the second-highest price for this type of flat in Singapore. The spacious unit spans 1,625 square feet (151 square meters) and is positioned between the 10th and 12th floors, providing ample living space for families. The sale price translates to approximately S$745 per square foot, reflecting the increasing demand for such properties.
Originally completed in 1987, the flat has a remaining lease that enhances its appeal to potential buyers. Multi-Generation flats are designed to accommodate extended families, making them a popular choice among Singaporeans looking to keep loved ones close while enjoying their own space. This transaction not only highlights the value of these larger units but also indicates a trend towards higher pricing in the HDB market, especially for well-located and spacious homes.