A stunning five-room HDB flat at 408 Serangoon Avenue 1 has just set a record, selling for an impressive $1.09 million, or $837 per square foot. Imagine living in a space that not only offers comfort but also skyrockets in value, making it an attractive investment for homeowners and investors alike. This flat measures 1,302 square feet and is located on the 7th to 9th storey, giving you a nice view of the surroundings. The lease for this property commenced in 1989, meaning there are approximately 63 years left for you to enjoy your home.
This sale isn’t just a one-off event; it marks the second million-dollar five-room flat transaction in Serangoon for the year. If you’re considering buying property in this area, you might want to act fast. The trend of high-value HDB sales indicates that Serangoon is becoming a hotspot for homebuyers looking for more than just a place to live. With the increasing number of million-dollar transactions, it’s clear that demand is rising, and property values are following suit.
One of the biggest draws of this flat is its prime location. You’re just a stone’s throw away from the dual-line Serangoon MRT Station. This makes commuting a breeze, allowing you to explore the city with ease. Plus, the Serangoon Bus Interchange provides you with even more travel options, so you’ll never feel stranded.
Local amenities also play a crucial role in enhancing your living experience. The Nex shopping mall is nearby, offering a range of shopping and dining options, while the Serangoon Public Library is perfect for those who enjoy a quiet space to read or study.
It’s interesting to note that another five-room flat at 411 Serangoon Central recently sold for $1.018 million. This only reinforces the notion that Serangoon is gaining traction in the real estate market. As more people recognize the value of living in this vibrant community, the competition for available properties will likely intensify.
If you’re thinking about making a move, you might find that the time is right to invest. As you explore your options, consider the potential of purchasing a million-dollar HDB flat in Serangoon. With its excellent location, growing amenities, and rising property values, you’ll be setting yourself up for a promising future.
Whether you’re looking for a place to call home or a sound investment, the opportunities in this area are hard to ignore. Don’t miss out on the chance to be part of this exciting trend—your dream home might just be waiting for you in Serangoon!
NEW CONDO LAUNCH: BLOOMSBURY RESIDENCES
Bloomsbury Residences is a contemporary condominium development in Serangoon, featuring a variety of unit types ranging from one to four-bedroom apartments.
With convenient access to the dual-line Serangoon MRT Station and nearby shopping options like Nex mall, residents enjoy enhanced connectivity and a vibrant lifestyle.
For detailed Bloomsbury Residences Project Information, including the Bloomsbury Residences floor plan and pricing, interested buyers can explore the Bloomsbury Residences e-brochure available online.
Don’t miss the opportunity to view the Bloomsbury Residences Showflat and secure a VVIP discount.
Register or contact 6100 8822 to book your showflat appointment.
News Source: Edgeprop
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