Million-dollar resale flat transactions rise 11% MoM in April

The priciest HDB resale was a 5-room in Lorong 1A Toa Payoh.

April saw an 11% MoM jump in million-dollar resale flats transactions, with 68 units exchanging hands.

In March, there were 61 units of million-dollar resale flats transacted.

The April count brings the total of resold flats to 253 units in the first four months of 2024, suggesting a potential to surpass the record of 469 units sold in all of 2023, according to PropNex.

Of the 68 units, seven are in non-mature towns: one each in Sengkang, Bukit Panjang, Hougang, Woodlands, and Yishun, with two units in Jurong East.

“The remaining such flats are in Ang Mo Kio (5 units), Bedok (2), Bishan (2), Bukit Merah (9), Bukit Timah (3), Central Area (1), Clementi (2), Geylang (1), Kallang Whampoa (15), Queenstown (8), Tampines (4), and Toa Payoh (9),” PropNex reported.

“By flat types, 24 are 4-room flats, 22 are 5-room units, and 22 are executive flats,” PropNex added.