Record 82 HDB Resale Flats Transacted for at least $1 million

The number of million dollar HDB resale flats hit a new high of 82 units in 2020, compared to 64 units in 2019 despite the Covid-19 pandemic, according to flash data from real estate portal SRX released on Thursday.

They make up about 0.35 per cent of the total number of HDB resale flats sold last year.

SRX’s flash estimates for December also reveal that overall HDB resale prices rose for the sixth consecutive month, bringing the total price rise for 2020 to 6.4 per cent, much more than the 0.3 per cent increase seen in 2019.

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