What makes a $1 million HDB flat

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Factors that determine the resale value include location, size, views and rarity of the unit model

Most of the smaller million-dollar flats are Pinnacle @ Duxton units which have stunning views and a panoramic city skyline.

Christine Sun

More HDB resale flats have been sold for a million dollars and such transactions have been grabbing headlines. The number of million-dollar flats hit a high last year with 82 transactions inked despite the pandemic.

But this record has been broken even before we hit the half-year mark – from January to May 25, 85 HDB flats have been sold for at least $1 million.

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