A 1,334 sq ft 5-room HDB flat in Queenstown was sold in October at $920,000. The high-floor unit is located at 28D Dover Crescent that was completed in 2012. Based on recent transactions, average prices for 5-room flats in Queenstown range from $670,000 to $935,000, depending on age and other attributes.
The absolute quantum of this transaction is the highest for the 5-room flats within 500m from the subject property for the past one year. Buyers could be lured to the vicinity due to its close proximity to the One-North business park, which is designed to host state-of-art research facilities and business park space.
28D Dover Crescent is located within 800m from Fusionopolis, a research complex at the One-North business park. Schools nearby include United World College of South East Asia and Fairfield Methodist School (Primary).
Recent transactions for 5-room HDB flats within 500m from the subject property
Source: HDB, The Edge Property