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A five-room loft unit at SkyTerrace@Dawson was sold for a record S$1.328 million in November 2021, making it the most expensive HDB resale unit in Queenstown so far as buyers were impressed and awed by the rare double-volume space and spacious living room in this 122 sqm loft unit at Blk 92. The high-floor unit faces the Sky Park and enjoys a breezy view of Ridley Park and the surrounding Good Class Bungalows.
SkyTerrace@Dawson, along with SkyVille@Dawson has been getting a lot of attention after owners reached their MOP (Minimum Occupation Period) in the mid of last year, leading to multiple million dollar flat transactions raising the HDB resale prices in Queenstown.
The 758 units across five towers of SkyTerrace@Dawson, ranging from 40 to 43 storeys, have flexible layouts that include loft units and paired units, meant for multi-generational living. Sky gardens with lush landscaping are built on the upper floors, which offer communal spaces and breathtaking views. The towers are conveniently linked by bridges to amenities at Block 85, which houses the multi-storey carpark and 30 commercial spaces accommodating a supermarket, childcare centre, senior citizen centre, and various eateries and shops.
SkyTerrace@Dawson, along with SkyVille@Dawson has been getting a lot of attention after owners reached their MOP (Minimum Occupation Period) in the mid of last year, leading to multiple million dollar flat transactions raising the HDB resale prices in Queenstown.
The 758 units across five towers of SkyTerrace@Dawson, ranging from 40 to 43 storeys, have flexible layouts that include loft units and paired units, meant for multi-generational living. Sky gardens with lush landscaping are built on the upper floors, which offer communal spaces and breathtaking views. The towers are conveniently linked by bridges to amenities at Block 85, which houses the multi-storey carpark and 30 commercial spaces accommodating a supermarket, childcare centre, senior citizen centre, and various eateries and shops.
SkyTerrace @ Dawson, for instance, takes the "housing-in-park concept' to a new level. The five-block estate features plenty of lush greenery and sky gardens replace the usual void decks. Its buildings are made to look like a Tetris game, where L-shaped units fit snugly with rectangular ones in what is called a "paired unit".
Queenstown's new snazzy Build-To-Order (BTO) projects - SkyVille @ Dawson and SkyTerrace @ Dawson - are the face of new-generation public housing, with a focus on flexibility, greenery and good living. Designed by award-winning architecture firms, both developments boast cool, modern features and their own unique identity.
SkyTerrace @ Dawson, for instance, takes the "housing-in-park concept' to a new level. The five-block estate features plenty of lush greenery and sky gardens replace the usual void decks. Its buildings are made to look like a Tetris game, where L-shaped units fit snugly with rectangular ones in what is called a "paired unit".
Across the street, there are also five shops, an eatery and a supermarket at SkyVille Dawson, a Build-To-Order (BTO) development designed by WOHA. The residents at SkyTerrace and SkyVille can enjoy amenities in both developments.
SkyTerrace @ Dawson, for instance, takes the "housing-in-park concept' to a new level. The five-block estate features plenty of lush greenery and sky gardens replace the usual void decks. Its buildings are made to look like a Tetris game, where L-shaped units fit snugly with rectangular ones in what is called a "paired unit".
Across the street, there are also five shops, an eatery and a supermarket at SkyVille Dawson, a Build-To-Order (BTO) development designed by WOHA. The residents at SkyTerrace and SkyVille can enjoy amenities in both developments.
The 1,718 units at SkyTerrace and SkyVille were almost 12 times oversubscribed when they were launched together in December 2009, even though prices were higher than other BTO launches at that time. The prices of five-room flats at these two developments started from $532,000.
Real estate professional Kiwi Lim from Huttons Asia believe resale prices of public housing flats will likely continue to rise over the next few quarters, but at a more moderate pace as we progress into 2022 due to high demand for quality flats in matured estates. Next year's new condo launches is expected to only add approximately 5,000 units into the market and the prices of previous successful GLS bids for land in addition to the higher construction costs may also test buyer's psychological barrier to pay $2,000 psf for a brand new mass market condo in the OCR region which probably will cause buyer demand to flow over to resale condo and resale HDB flats.
Real estate professional Kiwi Lim from Huttons Asia believe resale prices of public housing flats will likely continue to rise over the next few quarters, but at a more moderate pace as we progress into 2022 due to high demand for quality flats in matured estates. Next year's new condo launches is expected to only add approximately 5,000 units into the market and the prices of previous successful GLS bids for land in addition to the higher construction costs may also test buyer's psychological barrier to pay $2,000 psf for a brand new mass market condo in the OCR region which probably will cause buyer demand to flow over to resale condo and resale HDB flats.
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