The allure of Bidadari’s HDB resale market has certainly been growing, especially with recent record-breaking sales. At the end of September, a 5-room unit in Alkaff Vista was sold for S$1.2 million, marking an all-time high (ATH) for the area. That sale alone yielded an impressive capital gain of around S$600,000.
And since then, more million-dollar transactions have rolled in from Alkaff Vista, raising questions about whether this upward trend in Bidadari’s HDB resale market will continue or level off.
Table of contents Bidadari’s million-dollar HDB resale list
Here’s a look at the total million-dollar HDB resales in Bidadari:
Date Block Floor Size (sqft) Price Price (psf) Type 10/2024 105A 13 to 15 1,216 S$1.3M S$1,069 5RM 10/2024 105B 7 to 9 1,227 S$1.22M S$994 5RM 10/2024 105A 4 to 6 1,216 S$1.21M S$995 5RM 09/2024 106A 7 to 9 1,216 S$1.2M S$986 5RM 09/2024 106B 16 to 17 1,012 S$1.17M S$1,156 4RM 09/2024 106A 13 to 15 1,012 S$1.133M S$1,119 4RM 10/2024 105A 10 to 12 1,012 S$1.08M S$1,067 4RM 08/2024 106B 10 to 12 1,012 S$1.08M S$1,067 4RM 10/2024 106B 7 to 9 1,012 S$1.055M S$1,042 4RM
As you can see, all nine million-dollar resales in Bidadari originate from Alkaff Vista, with transactions involving both 4-room and 5-room units. The highest recorded sale reached S$1.3 million for a 5-room unit on the 13th to 15th floors.
With initial BTO prices for 5-room units in Alkaff Vista starting around S$544,000, this translates to a potential capital gain of approximately S$756,000, or a 58.15% increase from the original BTO price. Final capital gains can vary slightly, factoring in HDB grants and
