Yesterday another record-breaker in Serangoon joined the fast-growing list, but this time breaching the $1.2 million mark, making it Serangoon's first S$1.2 million HDB transaction.
Spanning 1,615 sq ft, this property's price per square foot stands at approximately S$747. Despite its spaciousness and prime location, this unit TOP-ed in 1989, leaving about 60 years and 11 months of lease remaining. Additionally, the Serangoon Bus Interchange is conveniently located within a seven-minute walk, providing residents with seamless connectivity to other parts of the island.For retail therapy and dining options, residents need not venture far, as the bustling NEX shopping mall is a mere nine-minute walk away.
Despite this, the number of transactions in Serangoon has been steadily increasing, with over 100 transactions recorded in 2024 alone, with an average price of S$668,773 . EXE units, known for their larger size and desirable amenities, command premium prices, especially when situated in prime locations near schools, MRT stations, and bus interchanges.
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