# Five-room flat at SkyTerrace @ Dawson sold for $1.6 mil, setting islandwide HDB resale psf record of $1,502

- **Source:** EdgeProp Singapore
- **Published:** 2026-10-01T07:55:00.000Z
- **Author:** Ng Ming Yang
- **Original:** https://www.edgeprop.sg/property-news/five-room-flat-skyterrace-dawson-sold-16-mil-setting-islandwide-hdb-resale-psf-record-1502
- **Topics:** HDB & Public Housing, Transactions & Deals

## Featured rationale

The record signals strong demand for high-floor, long-lease flats in mature estates and may support premium pricing at SkyTerrace @ Dawson and nearby projects.

## AI summary

A five-room SkyTerrace @ Dawson flat sold for $1.6 million ($1,502 psf) in September 2026, setting Singapore’s HDB resale psf record.

## Original article

A five-room flat at 91 Dawson Road, part of SkyTerrace @ Dawson in Queenstown, was sold for $1.6 million ($1,502 psf) in September 2026. This is the highest psf recorded for an HDB resale flat in Singapore. The price is also the highest paid for a flat in the block.

Located on the 37th to 39th storeys, the 1,065 sq ft flat has a remaining lease of about 89 years, with the lease commencing in 2016.

The transaction surpasses the previous psf high of $1,501, set by a four-room flat at 1C Cantonment Road, part of The Pinnacle@Duxton, in March 2025 (see Table 1). Eight of the other nine transactions in the top 10 were at The Pinnacle@Duxton development along Cantonment Road.

Read also: HDB resale prices dip 0.2% q-o-q in 3Q2026, while transaction volumes surge: HDB flash estimates

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The subject flat is one of 12 HDB resale flats that have transacted at $1.6 million or more so far in 2026.

In Queenstown, the previous psf record was $1,455, set by another five-room flat in the same block in March 2026 (see Table 2). That flat sold for $1.55 million.

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Four of the five highest HDB resale transactions by psf in Queenstown were at SkyTerrace @ Dawson. The remaining transaction was a four-room flat at 94 Dawson Road, part of the neighbouring SkyParc @ Dawson, sold for $1.388 million ($1,417 psf) in September 2026.

SkyTerrace @ Dawson also holds the town's highest resale price of $1.7 million ($1,295 psf), set by a larger five-room flat in February 2026, EdgeProp Singapore reported. The subject flat sold for $100,000 less, but at $207 more per sq ft. This suggests demand for units in the development remains strong, with buyers willing to pay more per sq ft for the smaller unit.

The subject flat's high psf could be attributed to its high floor and its location in the mature Queenstown estate. It is within a 1km walk of Queenstown MRT Station (see Map 1). The flat's relatively long remaining lease of about 89 years may have also supported the price.

The development's award-winning design could be another factor. SkyTerrace @ Dawson was named Design of the Year at the 2016 President's Design Award. HDB had commissioned private firm SCDA Architects in 2008 to design the development. Its five blocks of 40 to 43 storeys feature sky gardens on the upper floors and paired units for multi-generational living.

Read also: Five-room flat at Pinnacle@Duxton sets record of $1.72mil; Kallang-Whampoa five-room flat sets town record of $1.59 mil

The development sits beside the Alexandra Canal Linear Park, a park connector linking Queenstown MRT Station to Tanglin Road. Other amenities nearby include a FairPrice supermarket at Dawson Place and a Sheng Siong supermarket, both open 24 hours. Queenstown Primary School is within 1km.

Nearby on Margaret Drive, a GuocoLand-Hong Leong consortium was awarded a government land sale (GLS) site for $497 million ($1,154 psf ppr) in 2024. The 462-unit Penrith condo on the site sold 97% of its units on launch day in October 2025, at $2,435 psf to $3,088 psf.

## Chinese translation

> Translation model: grok_cli

### SkyTerrace @ Dawson五房式组屋以新币160万元成交，创下全岛组屋转售每平方英尺新币1,502元纪录

百万组屋：女皇镇SkyTerrace @ Dawson五房式单位以新币160万元成交，创下每平方英尺新币1,502元纪录

位于女皇镇SkyTerrace @ Dawson、Dawson路91号的一套五房式组屋，于2026年9月以新币160万元（每平方英尺新币1,502元）成交。这是新加坡组屋转售单位录得的最高每平方英尺价格。该成交价也是该座楼宇中所支付的最高价格。

该单位位于第37至39层，面积1,065平方英尺，剩余租约约89年，租约始于2016年。

这笔交易超越了此前每平方英尺新币1,501元的高位，该纪录由广东民路1C号、The Pinnacle@Duxton的一套四房式组屋于2025年3月创下（见表1）。其余九宗跻身前十的交易中，有八宗来自广东民路沿线的The Pinnacle@Duxton项目。

另读：组屋转售价在2026年第三季环比下跌0.2%，成交量则大幅攀升：建屋发展局快报估算

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该单位是2026年迄今以新币160万元或以上成交的12套组屋转售单位之一。

在女皇镇，此前的每平方英尺纪录为新币1,455元，由同一座楼宇的另一套五房式组屋于2026年3月创下（见表2）。该单位成交价为新币155万元。

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女皇镇按每平方英尺计算的五宗最高组屋转售交易中，有四宗来自SkyTerrace @ Dawson。余下一宗是邻近SkyParc @ Dawson、Dawson路94号的一套四房式组屋，于2026年9月以新币138.8万元（每平方英尺新币1,417元）成交。

据EdgeProp Singapore报道，SkyTerrace @ Dawson亦保持该镇最高转售价纪录新币170万元（每平方英尺新币1,295元），由一套面积更大的五房式组屋于2026年2月创下。此次该单位售价低了新币10万元，但每平方英尺高出新币207元。这表明该项目单位需求依然强劲，买家愿意为较小单位支付更高的每平方英尺价格。

该单位的高每平方英尺价格，或可归因于其高楼层，以及位于成熟的女皇镇组屋区。步行1公里内即可到达女皇镇地铁站（见图1）。该单位剩余租约相对较长，约89年，也可能支撑了成交价。

项目屡获殊荣的设计或是另一因素。SkyTerrace @ Dawson获颁2016年总统设计奖“年度设计奖”。建屋发展局于2008年委托私人公司SCDA Architects设计该项目。其五座40至43层高的楼宇，在高层设有空中花园，并配置适合多代同堂居住的配对单位。

另读：Pinnacle@Duxton五房式组屋创下新币172万元纪录；加冷-黄埔五房式组屋创下该镇新币159万元纪录

该项目毗邻亚历山大运河线性公园，这条公园连接道将女皇镇地铁站与东陵路相连。附近其他配套包括Dawson Place的FairPrice超市，以及一家Sheng Siong超市，两家均为24小时营业。女皇镇小学位于1公里范围内。

附近玛格丽特路，GuocoLand-Hong Leong财团于2024年以新币4.97亿元（每平方英尺地积比地价新币1,154元）投得一幅政府土地出售（GLS）地段。该地段上的462个单位公寓项目Penrith在2025年10月开盘当天售出97%的单位，成交价为每平方英尺新币2,435元至新币3,088元。