12 hours ago
- Business
- Independent Singapore
Yishun jumbo flat resold for record $1.28 million
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SINGAPORE: A jumbo HDB flat in Yishun has been sold for a record-breaking S$1.28 million, setting a new high for resale transactions in the estate and marking only the second time a flat in Yishun has crossed the S$1.2 million mark.
The unit is located at Block 654, Nee Soon Central View, Yishun Avenue 4, and spans approximately 1,948 square feet. According to real estate portal the sale price works out to around S$657 per square foot (psf). Situated on a mid-level floor — between the seventh and ninth storeys — the flat comes with a remaining lease of 65 years and 11 months.
While not located near an MRT station, the property is within walking distance of Yishun Park Hawker Centre, Wisteria Shopping Centre, and multiple childcare centres, kindergartens and primary schools. These amenities, coupled with the spacious layout of the rare jumbo flat, make it especially attractive to families seeking a more comfortable and private living environment in a mature town.
Jumbo flats — a combination of two adjacent HDB units merged into one — are no longer being built, adding to their scarcity and driving demand among buyers looking for more generous living spaces. The Nee Soon Central View development, in particular, has consistently commanded premium prices in the resale market.
Data from shows that compared to other flats in Yishun, Yishun Central View has seen a significant price advantage that continues to widen. In 2020, flats in this cluster were priced about 20.53% higher on average. By 2025, this gap had grown to 27.61%, underscoring the project's sustained desirability.
This latest transaction surpasses the previous high of S$1.2 million, set in March 2024 for a multi-generational HDB flat in the same town.
