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1 Sale listings
3
- S$ 1,000,000
- S$ 1,000 psf
Est. Mortgage S$ 3,958/mo
- 1 Bed
- 1 Bath
- 1,000 sqft
- 2015
- 99 yrs
62 Punggol Walk 828781
HDB for Sale in Sengkang: Price Trends
Buying an HDB flat in Sengkang is a significant milestone for many residents. Understanding the local market trends and your specific needs is crucial when browsing through HDB resale listings in this area. Consider factors like housing grants, neighbourhood suitability, and nearby future developments to find the perfect HDB flat.
Sengkang HDB Resale Price Trends: 2025
As of January 2025, the median resale prices for HDB flats in Sengkang are:
- 3-room: S$540,000
- 4-room: S$644,444
- 5-room: S$695,000
- Executive: S$832,000
- Overall median price: S$658,444
These prices reflect the robust demand and appreciation in the Sengkang HDB resale market.
Recent Market Trends in Singapore
Nationally, HDB resale prices increased by 1% in January 2025 compared to December 2024, with Non-Mature Estates seeing a 1% rise and Mature Estates a 0.7% increase. This steady growth reflects a moderate pace compared to previous years, with overall prices expected to climb by 4% to 6% throughout 2025.
Future HDB Resale Price Trends in Sengkang
In 2025, while national HDB resale prices are expected to grow at a slower pace, Sengkang's market may follow similar trends. Factors such as the limited supply of resale flats reaching their Minimum Occupation Period (MOP) and the ongoing launch of new Build-to-Order (BTO) flats could influence local demand and prices.
Buying Considerations in Sengkang
When purchasing a resale HDB flat in Sengkang, consider the following:
Neighbourhood Suitability: Sengkang offers a mix of amenities, including shopping malls like Compass One and Seletar Mall, as well as proximity to nature reserves and parks.
Future Developments: Keep an eye on upcoming infrastructure projects or new amenities that could enhance the area's appeal and potentially impact resale prices.
Housing Grants: Explore available grants for first-time buyers or those upgrading to larger flats to help with affordability.
Long-term Affordability: Plan your purchase carefully, considering not just the initial cost but also ongoing expenses like maintenance and potential future price changes.
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