A 113sqm 5-room flat in Queenstown has been sold for $948,888 in February 2016. The high floor unit was completed in 2013, and it is unclear if the former owners’ had complied with Housing & Development Board’s (HDB) Minimum Occupancy Period rule.
The apartment located at 28 Ghim Moh Link is the first transaction in Queenstown which crossed the $900,000 mark this year. The previous record sale for a 5-room flat in Queenstown was held by a 110sqm apartment which was sold in 2013 for $945,000.
The sold apartment is situated in a prime location with popular schools like Henry Park Primary School and Fairfield Primary School being in the immediate neighbourhood. It is also just within 600m from Buona Vista interchange station of East-West Line and Circle-Line.