In June 2025, a 5-room HDB flat in Queenstown changed hands for $1,658,888, setting a new record for the most expensive HDB flat ever sold. The 1,313sqft apartment at Dawson Road was a Premium Apartment Loft, with 89 years 11 months left on its lease. If you baulked at the transaction, we’re with you. It got us thinking about what the same price nets on the private home AKA condo market━here’s what we found.
Note: This is a non-exhaustive list, accurate as of 16th June 2025. Due to the nature of property listings, the advertisements may be taken down at any time.
For those who care about location
1. Riverwalk Apartments: $1,499,999 (1-bedroom)
Image credit: PropertyGuru
Live along the Singapore River in this 1-bedroom Riverwalk Apartments property, which at 818sqft is slightly larger than a 3-room HDB flat. While it only has one bedroom, this flat does have a generously sized living room and kitchen.
Image credit: PropertyGuru
Located just a short 3-minute walk from Clarke Quay MRT Station, the 99-year leasehold property offers you all the conveniences of city centre living, with great public transport access and plentiful amenities. Located in the Clarke Quay enclave, F&B options abound too.
Do note that Riverwalk Apartments TOP-ed in 1990, so it only has 64 years left on its lease.
2. The Clift: $1,600,000 (2-bedroom)
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If you fancy living even closer to the Central Business District (CBD) and want a ‘live, work, play’ property to call home, check out this two-bedroom unit at The Clift━a condo on McCallum Street which TOP-ed in 2011.
The 99-year leasehold, 775sqft flat is just a 4-minute walk from Telok Ayer MRT Station. While the home is smaller, its location is unbeatable. Amoy Street Food Centre is literally just downstairs, and you have the entire Telok Ayer stretch of eateries, fitness studios, and the heart of Singapore’s financial hub on your doorstep. It doesn’t get better than this.
3. Suites @ Topaz: $1,598,000 (2-bedroom penthouse with private pool)
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This Suites @ Topaz two-bedroom flat is located just 750m from Potong Pasir MRT Station. While not in the city centre like the examples above, it’s just 4 stops to Dhoby Ghaut, and 6 stops to Chinatown━in other words, not that far away. Its city-fringe location means you will have hit the sweet spot between locale and size; this flat measures in at 1,464sqft and is a penthouse unit.
As a cherry on top of this cake, Suites @ Topaz is a freehold property, and it received its TOP in 2013.
Image credit: PropertyGuru
In this flat, you’ll get 1 bedroom on each floor, with the upstairs bedroom opening up into 2 private roof gardens, as well as your own private pool. This, in turn, means the total living and bedroom areas are smaller, which makes this home more suitable for a DINK (Dual Income, No Kids) couple.
For those who care about size
4. Lakepoint Condo: $1,650,000 (3-bedroom maisonette)
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If space is your main priority, this 1,883sqft unit at Lakepoint Condo might be just what you’re looking for. The maisonette home has 3 bedrooms and bathrooms, as well as new vinyl flooring in the living room and bedrooms. The master bedroom is big enough that it comfortably fits a king-sized bed, with loads of space to spare.
Image credit: PropertyGuru
The trade-off is that the 99-year leasehold condo is slightly older; it received its TOP in 1983, so it only has about 57 years remaining on its lease. Plus, it’s located at Lakeside, which is quite a distance from the CBD. But the property is only a 5-minute walk from Lakeside MRT Station, connecting to a 35-minute train ride to City Hall MRT Station.
5. Rosewood Condo: $1,620,000 (3-bedroom)
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Moving north, we found a 3-bedroom Rosewood condo unit in Woodlands, close to the Singapore American School. For those who enjoy green spaces, this ground-floor flat comes with verdant views, and a patio area which you can transform into your dream garden.
Image credit: PropertyGuru
Woodlands MRT Station is a 12-minute walk from the property; Woodlands South MRT Station is an 18-minute walk away. While the home is a little further from the MRT stations, you get a more tranquil environment with less footfall. It also measures in at 1,627sqft, which is pretty huge, considering there are just 3 bedrooms. The property received its TOP in 2003, so it’s still quite young on its 99-year lease.
6. Simei Green Condominium: $1,499,000 (3-bedroom)
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Growing families who subscribe to “East side, best side” can check out properties like this Simei Green Condominium flat with 3 bedrooms, measuring in at 1,561sqft. This ground-floor unit comes with a patio and is newly renovated, which means you can potentially save on redoing the place. On top of that, it’s got a North-South facing, so you don’t get direct sun in your living areas, and is said to be a breezy unit.
Image credit: PropertyGuru
Simei MRT Station and Upper Changi MRT Station are a 9-minute and a 7-minute walk away, respectively. Just 700m away from the condo, you’ll have the bustling Eastpoint Mall, and if you work at Changi Business Park, that’s just a 7-minute drive away too. Just a little further afoot is Tampines Mall, with its wealth of amenities.
However, Simei Green Condominium is a 99-year leasehold development which TOP-ed in 1999, so you might want to factor that in when you consider this flat.
For those who care about having a newer home
7. Riverfront Residences: $1,500,000 (3-bedroom)
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One of the main perks of having a newer home is that it tends to be in a better condition, which can potentially shave some costs off your renovation budget. One such home which you can score for under $1.66m is this 3-bedder Riverfront Residences apartment, which received its TOP in December 2024.
The bright and airy 915sqft home is just 6 months old, comes with a balcony, and is well-kept. While the rooms are smaller than the older condo units seen on the list, it has a functional, efficient layout that translates to little wasted space. It’s a bit of a hike to Hougang MRT Station, but the property is situated by Serangoon River, facing a huge stretch of parkland.
8. The Commodore: $1,590,000 (2-bedroom penthouse loft)
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Last on this list is a penthouse loft unit at The Commodore, best for those who love tall ceilings. At 915sqft, it’s not exactly big, but it has 2 bedrooms and a study, and the development only received its TOP in December 2024. It’s located just 9 minutes from Canberra MRT Station.
Image credit: PropertyGuru
The Commodore is touted as a luxury condo that affords you resort-style living, with 219 units. This makes it a smaller development, so you won’t have to be fighting for the facilities, which include a 50m lap pool. Each unit is fitted with smart technology, and you have an on-demand concierge service━usually found in luxury developments.
The touch of luxe extends to the fittings in this development: think Blum drawer systems, Bosch appliances, and Blanco sinks and taps.
Buying a condo under $1.66m in Singapore
$1,658,888 is a lot of money. If you’re aspiring to upgrade from your HDB flat to condo living, you’re likely find a good deal in the resale market━with some trade-offs. While you can look at new launch condos, $1.66m probably won’t get you very far.
Homes further away from the CBD hit the sweet spot for size and price. For growing families, these homes may be ideal if you would like to upgrade your home on a smaller budget. There are also more options for newer builds that are easier on the wallet.
If you are a DINK couple, a smaller but centrally located condo may be more suited to your lifestyle.
Alternatively, Singaporeans and PRs can look at Executive Condos (ECs) which have fulfilled their 5-year Minimum Occupation Period (MOP).
For more content:
- Problems of living in a waterfront home
- 2-room flexi HDB that looks like a boutique hotel
- Dyson trade-in programme lets you save up to $749 on new appliances
Cover image adapted from: PropertyGuru
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