Sellers' windfall? 3-room Bidadari HDB flat transacts for nearly $1 million
A 3-room HDB flat in Bidadari has just been sold for a record price of $930,000.According to property news portal EdgeProp, the transacted price in October is the highest for three-room flats in Toa Payoh, which the Bidadari estate is part of.The 764 sq ft unit at Block 115C Alkaff Crescent began its lease in 2020 and has since fulfilled its five-year minimum occupation period (MOP), with approximately 94 years left on its lease to date.The selling price for the unit, located around the 16th to 18th floor, surpassed the $920,000 fetched by a unit on a lower floor in July this year.According to HDB data, another unit within the same block and located around the 13th to 15th floors changed hands for $900,000 in December last year.Potential windfallWhen it was first launched in the November 2015 Build-To-Order exercise, the indicative starting price for a 3-room HDB flat in the Bidadari estate was from $297,000, excluding grants.