'Not unrealistic': Telok Blangah jumbo flat listed for more than $2.1m with 91-year lease remaining“并非不切实际”：直落布兰雅（Telok Blangah）一套超大型组屋挂牌价超过210万新元，剩余91年地契。
A jumbo flat in Telok Blangah has been listed for sale at an asking price of $2.18 million.The 1,465 sq ft unit at Block 93B Telok Blangah Street 31 is part of Telok Blangah Parcview, a 1,480-unit Build-To-Order (BTO) project completed in end-2017.Checks by AsiaOne show that the jumbo flat is made up of two three-room flats. According to the...
A jumbo flat in Telok Blangah has been listed for sale at an asking price of $2.18 million.
The 1,465 sq ft unit at Block 93B Telok Blangah Street 31 is part of Telok Blangah Parcview, a 1,480-unit Build-To-Order (BTO) project completed in end-2017.
Checks by AsiaOne show that the jumbo flat is made up of two three-room flats.
According to the listing, the unit has five bedrooms and four bathrooms, is fully furnished and has a high-quality integrated audio system.
Despite the list price exceeding the current resale record of $1.73 million, set by a five-room Bukit Merah flat by nearly $400,000, the realtor handling the listing told AsiaOne in an interview on Sunday (Sept 20) that it is not unrealistic.
"A jumbo flat may not be uncommon, but one with 91 years remaining on its lease and in Telok Blangah is probably one of its kind now," said PropNex's Thomas Tong.
Asked how interest in the unit has been since its listing on Sept 18, he described it as "very positive".
HDB's Resale Price Index fell for a second consecutive quarter — a sign that the multi-year resale boom may finally be losing steam amid a healthy supply of new BTO flats and those hitting their minimum occupation period (MOP).
Tong pointed out that a new four-room flat at prime areas such as Belayer is offered at nearly $800,000.
This, along with transaction data showing that four-room flats at nearby Dawson Road achieved an average gain of 75.3 per cent upon their MOP, indicates that a $2 million HDB resale transaction is a matter of time, Tong said.
He acknowledged that it will take time for people to understand and accept the eventuality of this new price benchmark.
"HDB prices hitting $2 million is an eventuality, it's just a matter of when. When HDB resale prices first crossed the $1 million mark, there was this same response of disbelief," Tong added.
The current record for jumbo flats in nearby Bukit Merah is $1.53 million set in May 2026.
In April 2024, the Ministry of National Development, the Housing Board and the Council for Estate Agencies had flagged out the listings of two HDB flats that were put up for sale for $2 million as "unrealistic".
At that time, one of the listing was found to be misleading as it was not not a jumbo unit, but two adjacent five-room flats.
Meanwhile, another five-room Design, Build and Sell Scheme (DBSS) flat in The Peak@Toa Payoh did not have an intent to sell registered with HDB.
The authorities noted that the $2 million listing price was almost half a million dollars above the highest transacted price in the area, and said many property experts deem it an "unrealistic asking price".
In July, Minister for National Development Chee Hong Tat announced the removal of the 15-month wait-out period for private homeowners buying HDB resale flats.
Explaining the decision, Chee said that he expects the effect of a strong, continued supply of new BTO flats and resale units to moderate resale prices.
According to HDB, the resale market has shown signs of stabilising, following five consecutive quarters of slower or no price growth from the fourth quarter of 2024 to the fourth quarter of 2025.
The Government also noted that a larger number of flats will complete their MOP and enter the resale market over the next few years, supporting supply.
Christine Sun, chief researcher and strategist of Realion (OrangeTee & ETC) Group, attributes the faster pace of price decline in the second quarter to intense competition from the BTO market, prevailing market uncertainties and a weaker hiring outlook.
She also expects price growth in the HDB resale market to remain subdued in the second half of the year, owing to macroeconomic uncertainties and dimmer job outlook, as well as increased competition from the nearly 8,000 more BTO flats across seven projects to be launched in October.
位于直落布兰雅的一套超大型组屋已挂牌出售，要价 218 万美元。
位于直落布兰雅街 31 号 93B 座的这套 1465 平方英尺的单元房是直落布兰雅公园景苑 (Telok Blangah Parcview) 的一部分，这是一个拥有 1480 个单元的预购组屋 (BTO) 项目，于 2017 年底竣工。
亚洲新闻网的调查显示，这套巨型组屋是由两套三房式组屋组成的。
根据房源信息，该单元有五间卧室和四间浴室，家具齐全，并配有高品质的集成音响系统。
尽管该房产的挂牌价格比目前由武吉美拉一套五房式组屋创下的 173 万美元转售纪录高出近 40 万美元，但负责该房产挂牌的房地产经纪人在周日（9 月 20 日）接受 AsiaOne 采访时表示，这个价格并非不切实际。
“巨型组屋可能并不罕见，但像直落布兰雅这样还有91年租约的组屋，现在可能就独一无二了，”PropNex公司的Thomas Tong说道。
当被问及自 9 月 18 日上市以来该房产的关注度如何时，他表示“非常积极”。
建屋发展局 (HDB) 转售价格指数连续第二个季度下跌——这表明，在大量新建组屋 (BTO) 和达到最低居住年限 (MOP) 的组屋供应充足的情况下，持续多年的转售热潮可能最终会失去动力。
Tong指出，在Belayer等黄金地段，一套新的四房式组屋售价接近80万美元。
Tong表示，这一数据，再加上交易数据显示附近道森路的四房式组屋在达到最低居住年限后平均收益率达到75.3%，表明200万新元的组屋转售交易只是时间问题。
他承认，人们需要时间来理解和接受这一新的价格基准最终会成为现实。
“组屋价格达到200万新元是必然的，只是时间问题。当组屋转售价格首次突破100万新元大关时，人们也同样难以置信，”Tong补充道。
附近武吉美拉的巨型组屋目前的最高成交价纪录是 153 万美元，于 2026 年 5 月创下。
2024 年 4 月，国家发展部、建屋发展局和房地产代理理事会指出，两套标价 200 万美元的组屋“不切实际”。
当时，其中一处房源信息被发现具有误导性，因为它并非是一套超大型单元房，而是两套相邻的五房式组屋。
与此同时，位于大巴窑山顶的另一套五房式设计、建造和销售计划（DBSS）组屋，并未向建屋发展局登记出售意向。
当局指出，200万美元的挂牌价格比该地区最高的成交价高出近50万美元，并表示许多房地产专家认为这是一个“不切实际的要价”。
7月，国家发展部长徐芳达宣布取消私人业主购买组屋转售组的15个月等待期。
Chee在解释这一决定时表示，他预计持续强劲的新组屋和转售单位供应将抑制转售价格。
根据建屋发展局 (HDB) 的说法，转售市场在经历了从 2024 年第四季度到 2025 年第四季度连续五个季度价格增长放缓或停滞之后，已经出现企稳迹象。
政府还指出，未来几年将有更多组屋完成最低居住年限并进入转售市场，从而支撑供应。
Realion（OrangeTee & ETC）集团首席研究员兼策略师孙克莉丝汀将第二季度价格下降速度加快归因于预购组屋市场的激烈竞争、市场不确定性以及招聘前景疲软。
她还预计，由于宏观经济的不确定性和就业前景黯淡，以及10月份将推出的七个项目中近8000套预购组屋带来的竞争加剧，下半年组屋转售市场的价格增长将保持低迷。