A fascinating transaction just unfolded in Bidadari, where a 4-room flat snagged a whopping $1,258,888 right after meeting its Minimum Occupation Period (MOP). This sale sets a new benchmark, marking it as the priciest 4-room property within Toa Payoh. This follows the buzz created last year when a 3-room flat in the same area fetched $900,000. Clearly, those who secured a Bidadari flat in the ballot draw are now fielding lucrative offers—almost as if the market is eagerly enticing them to move for a hefty payout.
We’re likely observing the residual effects from the introduction of Plus and Prime flat categories. Since Bidadari units were developed before these classifications, they are enjoying the benefits typically associated with Plus and Prime flats, without any accompanying restrictions. Not to mention, these homes are practically brand new, having just completed their MOP.
I foresee these sellers significantly boosting the demand for fixed-commission real estate agents. Given the enormous financial advantage, and the fact that these desirable flats almost sell themselves, it’s a savvy choice for those parting with their Bidadari homes.
