A five-room flat has been sold for SGD1.73 million (US$1.36 million), establishing a new record for resale prices in Singapore’s public housing market.
The unit is located at 96A Henderson Road within the City Vue @ Henderson development. It was developed by the Housing and Development Board, Singapore’s public housing authority, according to AsiaOne.
The unit, which sits between the 46th and 48th floors and has an area of 113 square meters, with a remaining lease of 92 years.
City Vue @ Henderson in Singapore. Photo via Facebook/CityVueAtHenderson |
The transaction, completed in April, surpassed the previous public housing resale record set in February, when a five-room flat at 92 Dawson Road was sold for SGD1.7 million. That earlier record-setting flat measured 122 square meters and had a remaining lease of about 89 years, according to property listing platform EdgeProp.
City Vue @ Henderson comprises blocks ranging from 40 to 48 storeys, with higher-floor units said to enjoy unobstructed views of the Greater Southern Waterfront.
The development is situated between Redhill and Tiong Bahru MRT stations and is within walking distance of numerous amenities. Reputable schools, including Alexandra Primary School and Gan Eng Seng Primary School, are located within a 1km radius of the estate.
In April, HDB reported that median resale prices for its flats fell in the first quarter of 2026, marking the first decline in nearly seven years.
Overall resale prices for public housing edged down 0.1% in the first quarter of 2026, the first drop since the second quarter of 2019.
Meanwhile, resale transaction volumes rose 19.6% quarter-on-quarter to 6,285 units, up from 5,256 units previously.
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