'For those with future plans to sell their loft flats, this latest sale will come as good news to them and will allow them to better plan their real-estate financing.'
"For those with future plans to sell their loft flats, this latest sale will come as good news to them and will allow them to better plan their real-estate financing."
The selling price translates to S$761 psf on the floor area, notes property website EdgeProp. “When the sale is completed it will mark a record price for an HDB loft unit in Punggol, jumping over the previous price high, which was only set in September 2022,” said EdgeProp, referring to the 1,603 sq ft loft unit in the same block which sold for S$1.198 million.
The loft unit was listed on the market towards late August 2022 at S$1.25 million. An accompanying TikTok video tour of the property resulted in more than 100 enquiries from interested buyers. Offers ranged from S$1.1 million to S$1.24 million, said Lim. Lim noted that the staircase leading to the loft does not interrupt the living space, adding to the property’s value.
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