The national development minister hopes for a single digit drop in HDB sale/resale prices for Botanique @ Bartleyin 2015. However, Khaw Boon Wan commenting on a media report about a 1615 ft.² mansionette recently being sold at an unbelievable price of $1 million Bishan st. this last December.
Botanique @ Bartley Condo
Bishan is no stranger to million-dollar deals. However, reality experts report the demand for HDB prices are high, due to the area’s central location in the heart of Singapore. It is also within close proximity of reputable schools, a wide selection of luxurious and spacious flats, which are hard to find in the middle of Singapore proper, In addition to the fact that the real estate properties in the area are well supported and maintained.
In addition, resale flats in Bishan on the most part, are newer and more modern than others in surrounding, more mature housing developments in Botanique @ Bartley.
HDB and Botanique @ Bartley
Here’s a list of 4 other flats around Singapore that made the $1 million price in recent years.
October 2014, another 1615 ft.², executive mansionette also on Bishan Street went for $1.09 million in a 27-year-old two-story unit located near a 24 Hour Food Ctr. and supermarket in the 194 block of Botanique @ Bartley.
Another executive mansionette located near the Bishan MRT station pulled in a price of $1.05 million at the end of 2013. This is what people would call a high return on investment (ROI) at over $250,000 as it was also above the Cash-Overvaluation (COV). This high-value property is located on the 20th floor in block 190 and was only listed for one month on property guru and had a waiting list of at least 3 other buyers bidding at $1 million or better for this choice living space.
Botanique @ Bartley Million Dollar
Also in 2013, and even larger 2863 ft.² HDB corner house in Whampoa went for $1.02 million. This property is a rarity because it is a terrace house with a garden, and is one of just 285 HDB properties that come with land ajoining them in Singapore, as well as being the 4th property to reach and exceed $1 million.
The 1st such property to sell at the exalted $1 million price tag was an executive apartment on Mei Ling Street in Queenstown block 149. This unit was sold at $1 million and with the COV of $195,000. It was in a prime location, 1615 ft.² on a height that afforded an unobstructed view of the area and the Queenstown Stadium, as well as being centrally located to Botanique @ Bartley restaurants and food markets.