The transaction set a new benchmark for the eastern town with a price tag typically seen in executive and five-room flats, according to AsiaOne.

The flat, developed by Singapore’s public housing authority Housing and Development Board, has just completed its minimum occupation period, which means it is permitted to be sold on the secondary market.

In Singapore a public housing flat can be sold after at least five or 10 years of occupation.

The unit spans 93 square meters on a high floor between the 16th and 18th storeys at Block 154B Bedok South Road. It retains a remaining lease of approximately 94 years and 10 months, according to real estate data platform 99.co.

The area, Bedok South Horizon, comprises two-, four-, and five-room flats. At launch, four-room units were priced from about SGD407,000, excluding grants.

Location plays a key factor in the transaction. Bedok South Horizon is situated near East Coast Park, with some units enjoying sea views. It also offers doorstep access to MRT, with Bedok South MRT station scheduled to begin operations in the second half of 2026.

The development further benefits from established amenities within the mature estate. It is directly linked to Siglap Community Club via a bridge, providing convenient access to a supermarket, dining options, and sports facilities.

This transaction sets a new record for four-room flats in Bedok, exceeding the previous high by SGD125,000, an increase of about 12.6% within two months.

Across Singapore, around 13,480 public housing flats are expected to complete their five-year occupation period in 2026, adding supply to the resale market.

Bedok, with a population of over 274,000, is the most populated town in Singapore, followed by Sengkang and Woodlands, according to statistics provider Data Commons.