In a remarkable demonstration of the soaring property values in Singapore, a five-room flat located at Block 108B Alkaff Crescent was sold for an impressive $1.26 million in January 2025, marking it as the highest resale price for any Bidadari flat to date.
Originally purchased for $484,000 during the BTO exercise in 2015, this unit has subsequently revealed a staggering gross profit of nearly $776,000, equating to a jaw-dropping 160% return on investment. The sale highlights the vibrant real estate market that Bidadari has cultivated over recent years.
The resale of a Bidadari flat yielded an astonishing 160% profit, underscoring the area's thriving real estate market.
The flat, part of the Alkaff Lakeview BTO project and boasting a spacious area of 1,130 square feet, features several location advantages that certainly contributed to its remarkable sale price. Nestled near the Woodleigh MRT station and in close proximity to Bidadari Park and Alkaff Lake, residents enjoy both convenience and leisure. Additionally, over 70% of BTO flats have been completed in Bidadari, further enhancing the appeal of the estate. The area is also home to several new developments like Woodleigh Hillside, which has contributed to increasing property values.
The nearby Woodleigh Mall and reputable schools like Maris Stella High and Cedar Girls' offer excellent options for families, making the area highly desirable for both first-time buyers and upgraders. This transaction comes at a time when Singapore's property market is experiencing the effects of cooling measures aimed at preventing market overheating, though prime locations continue to command premium prices.
Bidadari Estate, which celebrated a significant milestone with over 70% of flats completed by 2024, has become integral to the city-fringe living experience. Recognized with a World
