Housing Market

6 Loft HDB Flats On The Market From As Low As $595K To Snap Up As An Appreciating Asset

21 December 2022 | BY

Loft HDB flats are one of the most elusive properties in Singapore, but did you know that they also make for great appreciating assets?

6 Loft HDB Flats On The Market From As Low As $688K To Snap Up As An Appreciating Asset
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If you’re anything like most Singaporeans, chances are you’re all too familiar with HDB flats. Even if you haven’t lived in one, you at least know about the different room configurations, maybe even the executive models. 

Still, unless you’re one of the knowledgeable few, you probably don’t know much about the elusive loft HDB flats. What most don’t know is that these unique flats make for great appreciating assets, especially with most of them going for over a million dollars. Here are 6 loft HDB flats on the market, starting from $595K to invest in.

109A Edgedale Plains – $595,000 rare point-block unit

This 3-bedroom unit in Punggol stands out for a couple reasons – price and layout being the most compelling ones. In a sea of million-dollar listings, the 1,195sqft unit is an outlier, a rare, affordable gem. One of only two units in the block, the high-floor, corner unit boasts unobstructed views. 

Loft HDB Flats Image adapted from: Property Guru

Unlike most other lofts that have floor-to-ceiling glass windows, this one has windows that span only half of the double-volume ceiling. Plus, with 3 LRTs within a 7-minute walk, and a waterway point roughly 2km away, getting to and from home on a busy day will be no problem.

Skyterrace @ Dawson – $1,188,000 loft unit with sweeping city views

Skyterrace @ Dawson dominates this list, and for good reason: it’s one of only a handful of developments in the country that houses loft units. This loft unit in Block 91 is 1,022sqft, with a 3-bed, 2-bath layout. 

Loft HDB Flats Image adapted from: Property Guru

Completed in 2016, there are 92 years left on the lease, making this development one of the newest lofts on the market. It’s a definite plus that you’re treated to expansive green views from the unit’s balcony as well. It’s also incredibly commuter-friendly, with Redhill and Queenstown MRT a 1km-walk away and over 10 bus stops within a 500m radius. 

Skyterrace @ Dawson – $1,200,000 unit in “showflat condition”

This fully renovated, 1,044sqft unit in Queenstown is listed as being in “showflat condition”, meaning all that’s left to do is to move in. The corner unit features a balcony and spacious bedrooms – so spacious, that there’s even a walk-in closet, a rarity in land-scarce Singapore.

Loft HDB Flats Image adapted from: Property Guru

With a whopping 94 years left on the lease, this Block 89 loft unit is as new as they come, unless of course, you count the ones that have yet to be built.

270C Punggol Sapphire – $1,200,000 inner-facing duplex

Tucked away in Punggol, this 5-room, 1,603sqft behemoth has more space than you’ll know what to do with. In addition to high ceilings and wide window panes, the unit features bay windows, window-seat hybrids that have their roots in English Renaissance architecture, where you can sit and soak in the sun.

Loft HDB Flats Image adapted from: Property Guru

Unlike the rest of the units in the development which face nearby LRTs, this unit is inner-facing, making it especially quiet. At $1,200,000, the price may seem hefty, but when you consider the size and the fact that it’s tastefully renovated, you’ll quickly realise that it’s a steal.

Skyterrace @ Dawson – $1,250,000

Skyterrace at Dawson’s popularity can be explained by its multitude of facilities and amenities, including sky gardens and roof terraces, which offer plenty of green space for both the young and old.

This 1,044sqft unit in Block 90 may come unfurnished, but its rectangular layout and square rooms make it an excellent canvas for new owners to make the home their own. The 5.4m-high ceilings offer plenty of opportunity for dynamic decorative pieces, like hanging lights and floating shelves.

Loft HDB Flats Image credit: PropertyGuru

Situated among lush greenery and with schools, supermarkets, and MRTs just a walk away, the home is great for busy nature lovers who value accessibility, but still want to be able to revel in the outdoors.

Skyterrace @ Dawson – $1,280,000 tastefully renovated modern loft

At $1,280,000, this unit in Skyterrace tops the list in terms of price. The 1,022sqft unit boasts a pristine open kitchen, ideal for budding chefs and the hostess with the mostess’ next soirée.

Loft HDB Flats Image adapted from: Property Guru

Sitting above the 40th floor, the corner unit offers exceptional views. You can easily enjoy the panoramic view through the floor to ceiling windows, but if you want to get even closer, hop out onto the balcony to take it all in.

Loft HDB flats in Singapore

And there you have it – 6 listings of a type of unit you may not have even known existed before this. Whether it’s the serenity of Punggol or accessibility of Queenstown you desire, the rarity of these loft units means they basically end up paying for themselves. If you hold on to them for long enough, they might even end up paying you.

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Originally published on 1st November 2022. Last updated by Josiah Neo on 21st December 2022.

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