{"id":21660,"date":"2016-08-02T11:52:43","date_gmt":"2016-08-02T04:52:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/toa-payoh-flat-sold-for-980000\/"},"modified":"2016-08-02T16:24:04","modified_gmt":"2016-08-02T09:24:04","slug":"toa-payoh-flat-sold-for-980000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toa-payoh-flat-sold-for-980000\/","title":{"rendered":"Toa Payoh flat sold for $980,000"},"content":{"rendered":"


\nView of public housing blocks in Toa Payoh.
\nA 23-year-old executive flat in Toa Payoh was sold for a whopping $980,000 in June this year, reported AsiaOne.
\nBased on figures on the HDB website, the price is comparable to those sold at the iconic Pinnacle @ Duxton.
\nLocated between the 10th and 12th floors of Block 101B, Toa Payoh Lorong 2, the 1,560.77 sq ft unit is situated behind the Braddel MRT station on the North-South line. The flat is also just a five-minute drive from Toa Payoh Town Centre, HDB Hub and Toa Payoh MRT station.
\nAside from being the most expensive flat to be sold in Toa Payoh this year, the sale also ties as the most expensive executive flat to be sold within the area with a unit sold in March 2014 from neighbouring Block 99B, noted property portal The Edge.
\nAn executive unit located on a lower level of the same block also breached the $900,000 mark when it was sold for $910,000 in March.
\nFigures on the HDB website showed that a total of four HDB flats, comprising two executive apartments and two five-roomers, have been sold in Toa Payoh for $900,000 or more so far this year.
\nLast year, only one HDB unit within the area crossed the mark. Located opposite Toa Payoh MRT station, the five-room unit fetched $955,000.
\nHuttons Asia Associate Senior Marketing Director Zavier Zhang attributed the high price to a combination of various factors, such as its size and location within a mature estate in central Singapore.
\n\u201cIn general, executive apartments are more sought after due to their more spacious layout, especially compared to executive maisonettes where the staircase takes up a considerable amount of space. Moving forward, new Build-To-Order (BTO) units are also significantly smaller in size. This means executive apartments built in the 1990s are considered premium and rare units,\u201d he said.
\nThe price is also more affordable compared to the private residential market, he said, noting that five-bedders at the recently launched Gem Residences are being sold for $1.8 million despite their smaller size.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Toa Payoh flat sold for 0,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

View of public housing blocks in Toa Payoh. A 23-year-old executive flat in Toa Payoh...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21660","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Dm","jetpack-related-posts":[{"id":23996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-august-2016\/","url_meta":{"origin":21660,"position":0},"title":"News Roundup (August 2016)","date":"August 26, 2016","format":false,"excerpt":"\r A recap of our most read stories for the month of August HDB, DBSS flats sold for over $1m A 5-room HDB resale flat in Clementi Avenue 3 was sold for $1,005,000 in August \u2013 a record price for this flat type outside the Pinnacle @ Duxton project. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-3095-flats-in-feb-sales-exercise\/","url_meta":{"origin":21660,"position":1},"title":"HDB launches 3,095 flats in Feb sales exercise","date":"February 11, 2020","format":false,"excerpt":"\r The flats are located across two housing projects in Toa Payoh \u2013 in Kim Keat and one near Caldecott \u2013 as well as in another project in Sembawang. Photo: HDB The Housing and Development Board (HDB) launched 3,095 Build-To-Order (BTO) flats during the first sales exercise of the year.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toa-payoh-to-see-two-new-public-housing-projects\/","url_meta":{"origin":21660,"position":2},"title":"Toa Payoh to see two new public housing projects","date":"April 24, 2017","format":false,"excerpt":"\r \u00a0 The first satellite town built by the Housing and Development Board (HDB), Toa Payoh will get two new public housing projects as part of plans to rejuvenate the area under the Remaking Our Heartland (ROH) programme, revealed Defence Minister and Bishan-Toa Payoh GRC MP, Dr Ng Eng Hen\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/larger-bto-flats-most-popular-among-home-seekers\/","url_meta":{"origin":21660,"position":3},"title":"Larger BTO flats most popular among home seekers","date":"February 18, 2020","format":false,"excerpt":"\r Canberra Vista, the Build-To-Order (BTO) project in Sembawang saw over 10 applicants competing for each of the 266 units of five-room and three-generation flats. Bigger flats proved to be most popular among home buyers at this year\u2019s first sales exercise which concluded on 17 February. Canberra Vista, the Build-To-Order\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120186,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-3740-bto-flats-including-singapores-first-community-care-apartments-for-seniors\/","url_meta":{"origin":21660,"position":4},"title":"HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniors","date":"February 5, 2021","format":false,"excerpt":"\r HDB launches 3,740 BTO flats, including Singapore\u2019s first Community Care Apartments for seniorsThe Kallang\/Whampoa and Toa Payoh projects are expected to be heavily oversubscribed, given their prime city fringe locations and\u00a0close proximity to MRT stations. Image: HDB In the first sales exercise of the year, the Housing and Development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/02\/feb-2021-bto-bidadari.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":140288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jden-sells-88-of-units-over-launch-weekend-most-expensive-hdb-flat-emerges-in-toa-payoh-and-more\/","url_meta":{"origin":21660,"position":5},"title":"J'den Sells 88% of Units Over Launch Weekend, Most Expensive HDB Flat Emerges in Toa Payoh, and More","date":"November 14, 2023","format":false,"excerpt":"\r J'den Sells 88% of Units Over Launch Weekend, Most Expensive HDB Flat Emerges in Toa Payoh, and More7 to 14 November 2023 J\u2019den, CapitaLand Development\u2019s (CLD) mixed-use project in Jurong East, sold 88% of its 368 residential units during its launch at an average price of $2,451 per sq\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/11\/jden-condo-singapore-jurong.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21660"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=21660"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21660\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}