News > An Executive Flat at Toh Yi Gardens HDB sold for $1.37M

An Executive Flat at Toh Yi Gardens HDB sold for $1.37M

An Executive Flat at Toh Yi Gardens HDB sold for $1.37M

20 August 2024

On August 6, 2024, an executive flat at Block 6 Toh Yi Drive (Toh Yi Gardens HDB) was sold for $1.37 million, translating to $872 per square foot (PSF). The unit, located on the 4th floor, spans 1,572 sqft. This transaction marks the second-highest price ever recorded at Toh Yi Gardens, just behind a sale in April 2024, where an executive flat at Block 2 Toh Yi Drive was sold for $1.41 million. 


Toh Yi Gardens, a well-established HDB development completed in 1988 (with 63 years of lease remaining), is situated in District 21. The estate comprises 1,565 units, ranging from 3-room to 5-room and executive flats. Over the past three years, units here have transacted at an average of $662 to $782 PSF. The development benefits from its prime location, just a 5-minute walk from Beauty World MRT station, and is close to renowned educational institutions such as Pei Hwa Presbyterian Primary School and Ngee Ann Polytechnic. 


Image: Toh Yi Gardens HDB on Map View. Source: RealInsight  


The second most expensive HDB transaction of the week took place at 106A Bidadari Park Drive (Alkaff Vista) in District 13 (Potong Pasir). A 5-room unit on the 7th floor was sold for $1.2 million, or $987 PSF. This sale is the most expensive to date at Alkaff Vista after its recent Minimum Occupation Period (MOP). 


Alkaff Vista is a HDB project launched in 2010 and completed in 2019. Located along Bidadari Park Drive in District 13, the estate consists of six blocks and 350 units, offering 4- and 5-room flats. Residents enjoy a convenient location within a 7-minute walk from Potong Pasir and Woodleigh MRT stations, as well as close proximity to Bidadari Park, The Woodleigh Mall, and various other amenities in the area. 


Image: Alkaff Vista HDB on Map View. Source: RealInsight  


*Data is accurate as of the published date of this article.


*Disclaimer: Our real-time database is updated every time a transaction is submitted by an agency. While we strive to maintain the accuracy and completeness of the data, please note that transactions may not always be completed, and information provided may be subject to change or error.


All analytical and visually interpreted data in this report is powered by RealInsight, a powerful tool for property developers, investors and institutions. It offers a complete solution for development planning or portfolio building by providing access to real-time data regarding properties, developers, land sales and data analytics tool for market research and reports. Find out more about RealInsight here.


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