15-year-old Bishan flat at Natura Loft sets new resale record at S$1.34 million
A five-room flat at Natura Loft in Bishan has set a new resale record for the development, selling for S$1.34 million. The 15-year-old unit, located near the top of Block 273A, surpassed the previous high by 4.8 per cent and reinforces Natura Loft's position as Bishan's price leader for five-room re
A five-room flat at Natura Loft in Bishan has set a new resale record for the development, selling for S$1.34 million. The unit, located near the top of the 40-storey Block 273A, exceeded the previous high by 4.8 per cent, according to property news platform Stackedhomes.
Natura Loft, which was completed in 2011, is Bishan's only Design, Build and Sell Scheme development, a distinction that likely helps support its resale prices. The development has 480 units, with Block 273A containing 160 flats evenly divided between four- and five-room units. The flat has approximately 83 years remaining on its lease.
Bishan's five highest five-room resale transactions have all involved Natura Loft units, establishing the development as the town's clear price leader for this flat type. Earlier this year, a four-room flat at Natura Loft sold for a record S$1.3 million in August.
Other recent transactions elsewhere in Bishan suggest the town's resale market could become more divided. A low-floor flat at Sin Ming Avenue sold this month for S$850,000. An executive maisonette at 192 Bishan Street 13 recently sold for S$1.65 million, setting a record resale price for a public housing flat in Bishan, according to property news website EdgeProp. The 162-square-metre unit is located between the 22nd and 24th floors and has approximately 60 years remaining on its lease.
Record resale prices have also been reached in other Singapore areas this year. A five-room flat at Kallang Trivista sold for S$1.59 million last month, a new record for the Kallang/Whampoa area. Last month, a four-room flat at SkyParc @ Dawson set a record resale price of S$1.39 million for that unit type in Queenstown.
