A 3-room flat at Block 115C Alkaff Crescent, a part of the Alkaff LakeView BTO mission in Toa Payoh, has simply offered for S$920,000 in July 2025, making it the second-highest resale value ever recorded for a 3-room HDB flat.
It narrowly misses the all-time excessive of S$935,000 set by a unit at SkyParc @ Dawson in April 2025. We hope you’re as as we’re, in what makes this unit so particular! Let’s dive proper in…
Desk of Contents
- The unit: Environment friendly format, nice view, and excessive ground
- Location and facilities
- The windfall: As much as S$623,000 in revenue
- 3-Room HDB resale developments throughout the island
The unit: Environment friendly format, nice view, and excessive ground
This 3-room unit spans 764 sqft, making it one of many extra spacious layouts for its kind. What actually stands out is the dumbbell configuration, with bedrooms flanking both facet of the dwelling and eating area, which means zero hall wastage.
Regardless of being a compact 3-room flat, the unit features a balcony, which has develop into a uncommon function for newer 3-room flats. The home windows and the balcony divulge heart’s contents to the lake views, additional enhancing its attraction.Â
Situated on the thirteenth to fifteenth ground of a 17-storey block, the unit overlooks Alkaff Lake and, we assume, enjoys a superb dose of pure mild and good air flow.
Location and facilities
Alkaff LakeView sits on the coronary heart of the Bidadari property, a contemporary city-fringe neighbourhood. This explicit block — 115C Alkaff Crescent — is a part of a newer-generation HDB precinct accomplished in 2020, with up to date flat layouts, sheltered walkways, and landscaped communal areas constructed round Alkaff Lake and Bidadari Park.
Connectivity is without doubt one of the property’s largest strengths. The flat is only a 5 to 6-minute stroll to Woodleigh MRT (North-East Line), providing direct entry to town by way of Dhoby Ghaut or Outram Park. Commuters additionally profit from a number of bus routes alongside Higher Serangoon Street and Bartley Street. For drivers, the Central Expressway (CTE) and Pan-Island Expressway (PIE) are simply accessible, making the world well-connected from all angles.
In relation to every day necessities and life-style wants, residents have Woodleigh Mall simply throughout the highway, anchored by FairPrice Most interesting, a medical centre, enrichment colleges, and F&B choices. There’s additionally NEX Megamall at Serangoon (one MRT cease away), with over 300 shops, a public library, and a cinema. The Woodleigh Village Hawker Centre is well accessible from Block 115C.
Residents even have Bidadari Park and Alkaff Lake proper at their doorstep, excellent for morning runs, weekend strolls, or a espresso break with scenic balcony views. The property is family-friendly, with a wide variety of colleges and childcare centres within the neighborhood like:
- Cedar Major and Secondary Faculty ~750m
- Maris Stella Excessive Faculty (Major & Secondary) ~1.4km
- St. Andrew’s Junior and Secondary Faculty ~1.8km
- MOE Kindergarten @ Cedar and a number of Sparkletots preschools inside strolling distance
In brief, Alkaff Lakeview in Bidadari provides a uncommon mix of new-town liveability with mature-town accessibility, and for patrons looking for a centrally situated, lifestyle-rich surroundings, it’s simple to see why items right here proceed to fetch excessive costs.
The windfall: As much as S$600,000 in revenue
Again in 2016, 3-room flats at Alkaff LakeView had been launched beneath the BTO scheme with costs ranging from S$297,000. At a resale value of S$920,000 immediately, the unique proprietor might be taking a look at a gross revenue of round $553,000-S$600,000 after adjusting for ground premium (do take the quantity with a grain of salt although, since there are numerous bills resembling agent commissions, authorized charges, and different transaction-related bills, which might have an effect on the ultimate take house quantity!).
This makes the transaction not only a milestone for 3-room flats, but in addition a part of a broader development. Alkaff items have been constantly inching towards larger benchmarks, particularly for high-floor, well-located flats.
Latest high-price 3-room resale transactions at Alkaff
| Date | Tackle | Ground Vary | Dimension (sq ft) | Value | PSF | Sort | Tenure | TOP |
|---|---|---|---|---|---|---|---|---|
| 07/2025 | 115C Alkaff Crescent | 13–15 | 764 | S$920K | S$1,204 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 12/2024 | 115C Alkaff Crescent | 13–15 | 764 | S$900K | S$1,178 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 05/2025 | 118A Alkaff Crescent | 10–12 | 775 | S$880K | S$1,135 | 2 Bedrooms | 99 yrs | 2019 |
| 04/2025 | 118A Alkaff Crescent | 16–18 | 732 | S$860K | S$1,174 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 05/2025 | 118A Alkaff Crescent | 4–6 | 775 | S$830K | S$1,070 | 2 Bedrooms | 99 yrs | 2019 |
| 04/2025 | 118A Alkaff Crescent | 13–15 | 732 | S$825K | S$1,127 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 06/2025 | 115A Alkaff Crescent | 16–18 | 732 | S$825K | S$1,127 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 01/2025 | 115C Alkaff Crescent | 7–9 | 764 | S$820K | S$1,073 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 06/2025 | 118A Alkaff Crescent | 10–12 | 732 | S$820K | S$1,120 | 3-Room (Mannequin A) | 99 yrs | 2019 |
| 07/2025 | 118A Alkaff Crescent | 10–12 | 732 | S$820K | S$1,120 | 3-Room (Mannequin A) | 99 yrs | 2019 |
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3-Room HDB resale developments throughout the island
For a very long time, 3-room flats had been thought of entry-level housing earlier than upgrading to a bigger unit. However that mindset is shifting quick.
In Q3 2025, the common resale value for a 3-room HDB flat throughout Singapore stands at S$469,743. Nonetheless beneath the S$500K mark, sure; however what’s extra telling is that 3-room flats have appreciated steadily over the previous 5 years, and now are on the similar degree because the coveted 4- and 5-room bigger items.
In brief, 3-room flats are gaining worth quicker, and are now not simply seen as transitional properties. This S$920,000 sale in Toa Payoh is a sign that patrons are prepared to pay a premium for environment friendly layouts, newer leases, and MRT entry, and smaller households are more and more prioritising location and liveability over ground space.Â
At this tempo, the primary $1 million 3-room HDB flat won’t be far off, and Toa Payoh may be the place it occurs. We’ll you’ll want to replace you if it does!
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