JUST SOLD: Five-room flat 28D Dover Crescent sold at $920,000

By Tan Chee Yuen
/ The Edge Property |
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A 1,334 sq ft 5-room HDB flat in Queenstown was sold in October at $920,000. The high-floor unit is located at 28D Dover Crescent that was completed in 2012. Based on recent transactions, average prices for 5-room flats in Queenstown range from $670,000 to $935,000, depending on age and other attributes.
The absolute quantum of this transaction is the highest for the 5-room flats within 500m from the subject property for the past one year. Buyers could be lured to the vicinity due to its close proximity to the One-North business park, which is designed to host state-of-art research facilities and business park space.
28D Dover Crescent is located within 800m from Fusionopolis, a research complex at the One-North business park. Schools nearby include United World College of South East Asia and Fairfield Methodist School (Primary).
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Recent transactions for 5-room HDB flats within 500m from the subject property
Date
Block
Start of lease
Floor
Area (sq ft)
Price ($)
14-Oct-15
28D Dover Crescent
2012
34 to 36
1,335
920,000
18-Sep-15
28D Dover Crescent
2012
22 to 24
1,335
918,000
2-Sep-15
1976
16 to 18
1,345
802,000
1-Sep-15
2013
13 to 15
1,216
905,000
1-Sep-15
2003
22 to 24
1,195
815,000

Source: HDB, The Edge Property

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