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Located between Serangoon and Kallang, Bidadari is a relatively new estate in Singapore. Over 70 per cent of its Build-To-Order (BTO) flats have been completed in the past five years, with the remaining units expected to be ready by the end of this year. HoWhy some Bidadari homeowners are holding on to their 3-room flats despite potential $600k profit
Located between Serangoon and Kallang, Bidadari is a relatively new estate in Singapore. Over 70 per cent of its Build-To-Order (BTO) flats have been completed in the past five years, with the remaining units expected to be ready by the end of this year. However, some residents who have completed their Minimum Occupation Period have already moved out of the estate - envisioned by Housing Board as a «tranquil urban oasis» - after making a tidy profit. HDB data in Sept 2024 showed that the first flats in Bidadari - the four-room types - were resold for between $937,500 and $1.17 million, and one home owner made a $500,000 profit after selling his five-roomer for $1.2 million. But this estate once again turned heads after a three-room HDB unit there changed hands for $900,000 last month. Read more