S$930,000 Bidadari flat units report for 3-room flats in complete district

Simply three months in the past, Alkaff LakeView made waves with a record-breaking 3-room flat sale at S$920,000. Now, it’s carried out it once more – this time pushing the benchmark even larger. A latest transaction at S$930,000 has set a brand new all-time excessive, not just for the event however for the complete District 13 (Macpherson/Potong Pasir) space.

Particulars on the record-breaking unit

The record-setting flat is situated at Block 115C Alkaff Crescent, a part of the Alkaff LakeView challenge within the Bidadari property. Spanning 764 sq. ft (71 sqm), the unit’s value works out to about S$1,217 per sq. foot – nearly double the common psf for 3-room resale flats in Toa Payoh, which at the moment hover round S$660 psf in 2025, in line with 99.co’s Researcher.

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Perched between the sixteenth and 18th flooring, the flat provides open views and a contemporary structure. Accomplished in 2019, the challenge’s 99-year lease formally started in 2020, leaving about 94 years and three months remaining. House owners seemingly collected their keys between late 2019 and early 2020, which implies the 5-year Minimal Occupation Interval (MOP) would have been fulfilled round late 2024.

If you happen to bear in mind, this space was among the many most oversubscribed BTO launches again in 2015, because of its extremely handy location. You’ll discover Woodleigh MRT on the North-East Line and Woodleigh Mall only a quick stroll away. One cease down, you’ll attain Serangoon MRT, which connects you to NEX Megamall. Day by day conveniences are shut too, with a business block (115B) close by that homes eateries and different important outlets.

For a more in-depth have a look at facilities and close by faculties, have a look out at our earlier characteristic on Alkaff LakeView.

It’s not the priciest 3-room flat in Singapore – however it’s shut

You would possibly assume that at S$930,000, this Bidadari unit takes the nationwide crown for 3-room HDB resale flats – however not fairly. That honour nonetheless belongs to a SkyParc @ Dawson flat in Queenstown, which fetched S$935,000 in April 2025.

Nonetheless, the Bidadari sale is simply S$5,000 shy of that report. With such a slim hole, it wouldn’t be stunning if one other Alkaff LakeView unit quickly surpasses the nationwide excessive.

This transaction additionally marks the second 3-room flat within the property to exceed S$900,000, with the primary reaching S$920,000 again in July 2025.



Solely a handful have crossed the S$900K mark (for now)

To this point, these are the one three transactions from Alkaff LakeView which have crossed or reached the S$900K milestone:

There haven’t been many S$900K gross sales recorded up to now, and that’s truly a very good factor. It exhibits that transactions at this value level are outliers moderately than the norm. Nonetheless, loads of flats in Alkaff LakeView have modified arms within the S$800K vary, reinforcing how robust demand for the challenge is right here to remain.

If you zoom out and have a look at value developments over the previous 5 years, Alkaff LakeView’s efficiency clearly stands out. Its common value per sq. foot (psf) is considerably larger than each the Toa Payoh and nationwide averages.

Particularly, Alkaff LakeView’s common psf is about 19% larger than the general District 13 common. Even with the district seeing a slight leap in latest quarters, there’s nonetheless a large hole. When in comparison with 3-room flats in Toa Payoh, the premium widens to round 62% larger – and towards the Singapore-wide common, it climbs to a whopping 73% distinction.

Who’s shopping for at this value level?

It’s pure to marvel who’s paying near S$1 million for a 3-room flat when bigger 4- or 5-room houses can be found at comparable value factors. However for some consumers, Alkaff LakeView provides qualities that justify the premium.

These items usually attraction to singles or {couples} with out youngsters, who prioritise location, fashionable design, and comfort over sheer dimension. Dwelling right here means being steps away from Woodleigh MRT and Woodleigh Mall, with fast entry to main transport hyperlinks and life-style facilities – one thing you don’t all the time get in older or extra reasonably priced estates.

You may also discover long-term householders drawn to those flats. They’re not essentially in search of short-term income or rental positive aspects. As a substitute, they’re selecting a more moderen growth with a powerful group really feel and plan to remain for a few years. The property’s structure, inexperienced areas, and family-friendly amenities make it a straightforward place to settle into.

Nonetheless, paying such a excessive quantum for a compact unit does elevate eyebrows. It indicators that consumers have gotten extra comfy with larger value expectations, even for smaller flats – particularly when the property checks all the precise packing containers. Comfort, life-style, and lengthy lease stability out the compact area, displaying that for some, it’s not nearly sq. footage anymore – it’s about discovering a house that matches their lifestyle.

And if latest developments are something to go by, Alkaff LakeView’s attraction isn’t fading anytime quickly.

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