Yahoo Finance Recently MOP-ed 5-room HDB resale flat at Sembawang sold for record S$745k
A 5-room HDB resale flat at Sembawang has just been sold for S$745,000 this month – an all-time high for a 5-room flat in the HDB town. At 1,216 sq ft, the price psf works out to be S$612.
The flat is located within the 7th to 9th floor of Blk 108C Canberra Walk, which is one of the three blocks of EastLawn @ Canberra BTO. The BTO is around an 11-minute walk to Canberra MRT and Canberra Plaza.
Flat has just completed its MOP
EastLawn @ Canberra BTO is one of “East” BTOs at Canberra that’s expected to complete its five-year Minimum Occupation Period (MOP) this year. The completed MOP also means that owners would now be able to invest in a private property, rent out the whole flat or sell the flat on the resale market.
Given the young age of the flat (around five years old) and longer remaining lease (around 94 years), owners would be able to sell the BTO flat at a much higher price when it reaches its MOP.
In the case of this 5-room Sembawang flat, with the lease starting in 2018, it has around 94 years 7 months of remaining lease when it was sold.
Launched during the November 2013 BTO launch, 5-room flats at EastLawn @ Canberra BTO were priced ranging from S$315,000 to S$373,000.
This meant that excluding other costs such as Buyer’s Stamp Duty and renovation costs, the owners made a gain of around S$373,000 to S$430,000 for selling the flat.
Other recently MOP-ed BTO flats in the area include EastBrook @ Canberra, EastWave @ Canberra, EastCrown @ Canberra and EastLace @ Canberra.
According to our Researcher data, EastWave was the first to enter the resale market in August last year, with the others starting to enter the market this year.
As of writing, the average price psf of flats transacted this quarter ranges from S$582 at EastLawn to S$622 at EastLace.
Notably, the higher average price psf at EastLace could be due to the fact that among these five BTOs, it is the nearest to Canberra MRT at a six-minute walk away.
Recently MOP-ed HDB flats for sale in Canberra
108C Canberra Walk
Singapore 753108 · D27
4
2
1,216 sqft
$730,000
108A Canberra Walk
Singapore 751108 · D27
3
2
1,001 sqft
$599,000
108C Canberra Walk
Singapore 753108 · D27
3
2
1,216 sqft
$730,000
108C Canberra Walk
Singapore 753108 · D27
3
2
1,216 sqft
$850,000
108A Canberra Walk
Singapore 751108 · D27
3
2
1,001 sqft
$599,000
108B Canberra Walk
Singapore 752108 · D27
3
2
1,000 sqft
$610,000
108B Canberra Walk
Singapore 752108 · D27
3
2
1,001 sqft
$590,000
108C Canberra Walk
Singapore 753108 · D27
3
2
1,001 sqft
$608,000
108A Canberra Walk
Singapore 751108 · D27
3
2
1,216 sqft
$738,000
107A Canberra Street
Singapore 751107 · D27
2
2
721 sqft
$470,000
104D Canberra Street
Singapore 754104 · D27
1
1
506 sqft
$345,000
107B Canberra Street
Singapore 752107 · D27
3
2
1,001 sqft
$599,900
104D Canberra Street
Singapore 754104 · D27
3
2
1,001 sqft
$595,000
104D Canberra Street
Singapore 754104 · D27
2
2
732 sqft
$450,000
107B Canberra Street
Singapore 752107 · D27
3
2
1,000 sqft
$608,000
104D Canberra Street
Singapore 754104 · D27
1
1
506 sqft
$330,000
104D Canberra Street
Singapore 754104 · D27
1
1
506 sqft
$345,000
104D Canberra Street
Singapore 754104 · D27
3
2
1,001 sqft
$605,000
104A Canberra Street
Singapore 751104 · D27
2
2
721 sqft
$410,000
104B Canberra Street
Singapore 752104 · D27
1
1
506 sqft
$350,000
107C Canberra Street
Singapore 753107 · D27
3
2
1,001 sqft
$620,000
104B Canberra Street
Singapore 752104 · D27
1
1
505 sqft
$368,000
104B Canberra Street
Singapore 752104 · D27
1
1
506 sqft
$350,000
107A Canberra Street
Singapore 751107 · D27
3
2
1,001 sqft
$608,000
104B Canberra Street
Singapore 752104 · D27
1
1
506 sqft
$350,000
107B Canberra Street
Singapore 752107 · D27
3
2
1,001 sqft
$620,000
107B Canberra Street
Singapore 752107 · D27
3
2
1,001 sqft
$610,000
104A Canberra Street
Singapore 751104 · D27
3
2
1,001 sqft
$550,000
104D Canberra Street
Singapore 754104 · D27
3
2
1,001 sqft
$605,088
104B Canberra Street
Singapore 752104 · D27
1
1
506 sqft
$350,000
107C Canberra Street
Singapore 753107 · D27
3
2
990 sqft
$549,000
107C Canberra Street
Singapore 753107 · D27
3
2
1,001 sqft
$550,000
104B Canberra Street
Singapore 752104 · D27
1
1
506 sqft
$320,000
107B Canberra Street
Singapore 752107 · D27
2
2
721 sqft
$450,000
107C Canberra Street
Singapore 753107 · D27
3
2
1,001 sqft
$635,000
104C Canberra Street
Singapore 753104 · D27
2
2
721 sqft
$439,000
107B Canberra Street
Singapore 752107 · D27
3
2
1,000 sqft
$653,000
104A Canberra Street
Singapore 751104 · D27
2
2
721 sqft
$410,000
104D Canberra Street
Singapore 754104 · D27
3
2
1,001 sqft
$605,000
107B Canberra Street
Singapore 752107 · D27
2
2
721 sqft
$480,000
107C Canberra Street
Singapore 753107 · D27
3
2
1,001 sqft
$615,000
104B Canberra Street
Singapore 752104 · D27
1
1
506 sqft
$345,000
104D Canberra Street
Singapore 754104 · D27
1
1
505 sqft
$345,000
104D Canberra Street
Singapore 754104 · D27
3
2
1,001 sqft
$650,000
119B Canberra Crescent
Singapore 752119 · D27
2
2
1,216 sqft
$735,000
120B Canberra Crescent
Singapore 752120 · D27
3
2
1,000 sqft
$640,000
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,205 sqft
$735,000
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,216 sqft
$750,000
119A Canberra Crescent
Singapore 751119 · D27
3
2
1,216 sqft
$698,000
120A Canberra Crescent
Singapore 751120 · D27
3
2
1,001 sqft
$588,000
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,205 sqft
$735,000
120D Canberra Crescent
Singapore 754120 · D27
3
2
1,001 sqft
$585,000
119A Canberra Crescent
Singapore 751119 · D27
3
2
1,001 sqft
$638,000
120A Canberra Crescent
Singapore 751120 · D27
3
2
92 sqft
$588,000
119A Canberra Crescent
Singapore 751119 · D27
3
2
1,001 sqft
$650,000
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,001 sqft
$650,000
119A Canberra Crescent
Singapore 751119 · D27
3
2
1,216 sqft
$720,000
119A Canberra Crescent
Singapore 751119 · D27
3
2
1,215 sqft
$730,000
120D Canberra Crescent
Singapore 754120 · D27
3
2
1,000 sqft
$613,900
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,205 sqft
$735,000
120A Canberra Crescent
Singapore 751120 · D27
3
2
1,001 sqft
$599,999
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,216 sqft
$760,000
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,216 sqft
$788,000
119B Canberra Crescent
Singapore 752119 · D27
3
2
1,206 sqft
$760,000
128C Canberra Street
Singapore 753128 · D27
3
2
1,216 sqft
$745,000
128B Canberra Street
Singapore 752128 · D27
2
2
731 sqft
$415,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,001 sqft
$550,000
128B Canberra Street
Singapore 752128 · D27
1
1
506 sqft
$390,000
130B Canberra Crescent
Singapore 752130 · D27
1
1
506 sqft
$348,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,216 sqft
$685,555
129A Canberra Street
Singapore 751129 · D27
3
2
1,001 sqft
$550,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,001 sqft
$580,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,001 sqft
$540,000
128A Canberra Street
Singapore 751128 · D27
3
2
1,216 sqft
$710,000
128B Canberra Street
Singapore 752128 · D27
1
1
506 sqft
$380,000
130A Canberra Crescent
Singapore 751130 · D27
3
2
1,001 sqft
$620,000
129A Canberra Street
Singapore 751129 · D27
0
0
1,001 sqft
$550,000
128B Canberra Street
Singapore 752128 · D27
3
2
1,001 sqft
$610,888
128A Canberra Street
Singapore 751128 · D27
3
2
1,216 sqft
$710,000
128B Canberra Street
Singapore 752128 · D27
3
2
1,001 sqft
$610,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,216 sqft
$758,000
130A Canberra Crescent
Singapore 751130 · D27
3
2
1,001 sqft
$620,000
129B Canberra Street
Singapore 752129 · D27
2
2
732 sqft
$438,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,216 sqft
$685,555
128B Canberra Street
Singapore 752128 · D27
1
1
410 sqft
$330,000
130B Canberra Crescent
Singapore 752130 · D27
2
2
732 sqft
$439,000
128C Canberra Street
Singapore 753128 · D27
3
2
1,216 sqft
$730,000
129C Canberra Street
Singapore 753129 · D27
3
2
1,001 sqft
$630,000
130A Canberra Crescent
Singapore 751130 · D27
3
2
1,001 sqft
$640,000
130B Canberra Crescent
Singapore 752130 · D27
1
1
505 sqft
$330,000
129B Canberra Street
Singapore 752129 · D27
2
2
731 sqft
$465,000
129A Canberra Street
Singapore 751129 · D27
3
2
1,216 sqft
$675,000
115C Canberra Walk
Singapore 753115 · D27
3
2
1,001 sqft
$600,000
115A Canberra Walk
Singapore 751115 · D27
2
2
731 sqft
$430,000
115A Canberra Walk
Singapore 751115 · D27
2
2
731 sqft
$430,000
115B Canberra Walk
Singapore 752115 · D27
2
2
731 sqft
$477,888
115B Canberra Walk
Singapore 752115 · D27
2
2
731 sqft
$478,000
115A Canberra Walk
Singapore 751115 · D27
1
1
505 sqft
$320,000
115A Canberra Walk
Singapore 751115 · D27
3
2
1,001 sqft
$565,000
115A Canberra Walk
Singapore 751115 · D27
3
2
1,001 sqft
$570,000
115D Canberra Walk
Singapore 754115 · D27
3
2
1,001 sqft
$650,000
115C Canberra Walk
Singapore 753115 · D27
3
2
1,001 sqft
$620,000
115D Canberra Walk
Singapore 754115 · D27
3
2
1,001 sqft
$610,000
115C Canberra Walk
Singapore 753115 · D27
2
2
732 sqft
$445,000
115C Canberra Walk
Singapore 753115 · D27
2
2
731 sqft
$445,000
115B Canberra Walk
Singapore 752115 · D27
2
2
731 sqft
$478,000
115D Canberra Walk
Singapore 754115 · D27
2
2
731 sqft
$485,000
115A Canberra Walk
Singapore 751115 · D27
2
2
732 sqft
$460,000
Would you consider selling your flat right after MOP? Let us know in the comments section below.
If you found this article helpful, 99.co recommends Full list of BTO projects hitting MOP in 2022 + Our picks near the MRT and So You’ve Met Your MOP; Now What Can You Do with Your Flat?
The post Recently MOP-ed 5-room HDB resale flat at Sembawang sold for record S$745k appeared first on .
