Boon Keng DBSS Sold over $1mil
The view from a 39th-floor unit at City View. A unit on the 40th floor – the top floor – sold on Saturday (Feb 27) for over $1 million.
A top-floor unit #40 at City View @ Boon Keng DBSS has been sold for more than $1 million.
This premium public housing project is the DBSS development in Boon Keng Road turn the flat owner into millionaire.
The 5-room flat DBSS in Boon Keng Road sold for $1,028,000 on 27 February, after just 2 weeks on the market.
PropNex agent Benson, who helped to sell the unit with his colleague Angela, said the unit is at the high floor, good view and central location are the main reasons for the handsome price.
“More than 10 people came to view the flat. There was also another offer of $1 million,” he said.
This shows that there are a lot of buyers with a million budget in the HDB market.
The 1281 sqft flat was sold for $802 PSF.
But buyers agent Christine from Huttons, said her clients are happy with the unit’s unblocked vantage point and spacious layout.
PHOTO CREDIT: STRAITS TIMES
The unit on the 40th floor has higher ceiling height at the balcony and living room compared with typical units on the lower floors.
The south-east facing unit also boasts scenic views of the Sports Hub, Marina Bay Sands, Jalan Besar Stadium, Rochor Centre and the Sultan Mosque.
One can even see the Changi Airport control tower and Indonesia’s Batam island on a clear day.
More home owners at the 3 block City View are expected to put their flats on the market, after the 5 years MOP ended in January for most flats.
At least 20 other units there have been sold to date, according to SRX Property data. These include a 5-room flat on the 21st floor that went for $928,000 last month.
However, the million-dollar price tag will not necessarily apply to other units in the development.
It will only be for flats with very attractive, intrinsic attributes, depending on the direction they face and floor they are on.
The fantastic view is also very hard to get nowadays. The new home owner can watch this year’s National Day fireworks at the Sports Hub from home.
