# This 3-Room Bidadari HDB Just Sold For A Record $945,000—Only Eight Months After The Last Record - **Source:** Stacked Homes - **Published:** 2026-07-01T13:02:16.000Z - **Author:** Timothy Tay - **Original:** https://stackedhomes.com/toa-payoh-3-room-hdb-record/ - **Topics:** HDB & Public Housing, Transactions & Deals ## Featured rationale The premium signals concentrated demand for high-floor, newer-lease Bidadari flats, which may sustain resale pricing where no additional BTO supply is entering the precinct. ## AI summary A 775 sq ft three-room flat at 118A Alkaff Crescent sold for a Toa Payoh record of $945,000, or $1,219 psf, in June 2026. ## Original article A three-room flat at Alkaff Lakeview in Bidadari has set a new record price for a resale three-room flat in Toa Payoh. Located at 118A Alkaff Crescent, the 775 sq ft unit – between the 16th and 18th floors – was sold for $945,000 ($1,219 psf) earlier this week. This edges past the previous town record for a three-room resale flat in Toa Payoh, which involved a unit at the neighbouring block 115C Alkaff Crescent. That 763 sq ft flat, which is also between the 16th and 18th floors, changed hands for $930,000 ($1,217 psf) in October 2025. The price gap between the two record-setting deals is a marginal $15,000, but what is notable is that the new record holder is slightly larger and carries a newer lease start date. Moreover, both record-setting flats are in the same Alkaff Lakeview development, which has steadily become one of the most closely watched BTO projects in the resale market. In March we reported on a record breaking four-room deal that also involved a flat at Alkaff Lakeview, you can read about that transaction here. Alkaff Lakeview was completed in 2019, which means the block where the record setting flat is located in is only about seven years old. With a remaining lease of approximately 93 years and 6 months at the point of sale, the unit does not have the lease-decay concerns that tend to weigh on older resale flats elsewhere in Toa Payoh. The height of the unit is also significant since block 118A tops out at 17 storeys. In other words, this unit is at or very near the highest floor available in the block, which likely contributed to the premium buyers were willing to pay. At $1,219 psf, the price is also a significant contrast to the broader three-room resale market in Toa Payoh. Over the past 12 months, the median resale price for a three-room flat across the entire town was $391,888, and the average resale price was $474,476. The $945,000 transaction sits at the very top of a price range that stretches from $280,000 to $945,000 across 501 transactions which have been lodged over the past year or so. This underscores just how much of a price premium the Bidadari submarket commands within Toa Payoh. The previous record setting three-room flat – which was the unit at 115C Alkaff Crescent – was itself a progression from the previous price highs of $920,000 set in July 2025, as well as a $900,000 transaction in December 2024. Overall, the price trajectory at block 115C suggests that demand for high-floor three-room units at Alkaff Lakeview has been on a consistent upward climb over the past 18 months. Recent Transactions at Alkaff Lakeview and in Toa Payoh To put the record sale in context, here are the top five three-room resale transactions in Toa Payoh over the past year or so. Top Comparable Three-Room Transactions in Toa Payoh Block | Street | Month | Storey | Size (sqm) | Remaining Lease | Price 118A | Alkaff Cres | Jun 2026 | 16 to 18 | 72 | 93 yrs 6 mths | $945,000 115C | Alkaff Cres | Oct 2025 | 16 to 18 | 71 | 94 yrs 3 mths | $930,000 115C | Alkaff Cres | Jul 2025 | 13 to 15 | 71 | 94 yrs 5 mths | $920,000 115C | Alkaff Cres | Dec 2024 | 13 to 15 | 71 | 95 yrs 1 mth | $900,000 101A | Bidadari Pk Dr | Nov 2025 | 10 to 12 | 68 | 94 yrs 8 mths | $900,000 Based on these transactions, a clear pattern emerges. The top five transactions are all concentrated in the Bidadari pocket of Toa Payoh, split between BTO projects in Alkaff Crescent and Bidadari Park Drive. No other submarket within Toa Payoh comes close to these price levels for three-room flats. Most Recent Three-Room Transactions in Toa Payoh (June 2026) Block | Street | Month | Storey | Size (sqm) | Remaining Lease | Price 118A | Alkaff Cres | Jun 2026 | 16 to 18 | 72 | 93 yrs 6 mths | $945,000 101A | Bidadari Pk Dr | Jun 2026 | 13 to 15 | 68 | 94 yrs | $868,000 131B | Lor 1 Toa Payoh | Jun 2026 | 22 to 24 | 68 | 91 yrs 3 mths | $854,000 130A | Lor 1 Toa Payoh | Jun 2026 | 31 to 33 | 68 | 91 yrs 3 mths | $830,000 103B | Bidadari Pk Dr | Jun 2026 | 10 to 12 | 68 | 94 yrs | $828,000 It is also worth looking at what else has transacted among the BTO projects along Alkaff Crescent this month across all flat types, since this gives a fuller picture of where buyering intentions lie. Recent Transactions on Alkaff Crescent (All Flat Types, June 2026) Block | Street | Month | Storey | Size (sqm) | Remaining Lease | Price 111A | Alkaff Cres | Jun 2026 | 10 to 12 | 93 | 94 yrs 7 mths | $1,150,000 118A | Alkaff Cres | Jun 2026 | 07 to 09 | 93 | 93 yrs 7 mths | $1,090,000 118A | Alkaff Cres | Jun 2026 | 01 to 03 | 93 | 93 yrs 6 mths | $1,050,000 111A | Alkaff Cres | Jun 2026 | 07 to 09 | 93 | 94 yrs 7 mths | $1,000,000 111A | Alkaff Cres | Jun 2026 | 04 to 06 | 93 | 94 yrs 7 mths | $950,000 118A | Alkaff Cres | Jun 2026 | 16 to 18 | 72 | 93 yrs 6 mths | $945,000 118A | Alkaff Cres | Jun 2026 | 04 to 06 | 68 | 93 yrs 7 mths | $758,888 115C | Alkaff Cres | May 2026 | 10 to 12 | 97 | 93 yrs 7 mths | $1,310,000 There is one detail which we would throw the spotlight on. The 1,001 sq ft units that are on Alkaff Crescent which have recently transacted, which are also larger flat types, have fetched over $1 million, even on the lower floors at block 118A. A 1,001 sq ft unit between the first and third floors fetched $1.05 million in June 2026. That context helps explain why a smaller 774 sq ft three-room unit on the highest floor range in the same block commanded $945,000 — buyers are clearly comfortable paying a location premium regardless of unit size. Why the Price Held Up The broader context for these prices lies in what Bidadari represents as a residential estate. Alkaff Lakeview is a BTO project within the larger Bidadari precinct, which has been developed as a planned, integrated neighbourhood in the Toa Payoh planning area. HDB announced earlier this year that the last four projects in Bidadari have been completed, closing out a development chapter that began with the first launches in 2015. The estate now comprises 12 developments with close to 9,000 homes. With no more new BTO supply entering the Bidadari precinct, the resale market here has no new BTO supply to compete against, which naturally concentrates buyer demand on existing resale units. There are other locational attributes that support the strong resale prices we are seeing among some Bidadari flats. The 339-unit block at 118A is known for its proximity to the green spaces within the Bidadari estate, including Bidadari Park. High-floor units in blocks that face the park have historically commanded a measurable premium over lower floors or park-facing units in other blocks. Moreover, HDB buyers who are priced out of resale flats in the central area, but want to remain within close to some city-fringe regions have increasingly looked to Bidadari as a practical and relatively affordable middle ground. The pricing gap between the record $945,000 three-room flat and the town median of $391,888 is striking, but it reflects two very different segments of the Toa Payoh resale market. The bulk of three-room transactions in the town still involve older, shorter-lease flats. The Bidadari units sit apart from that cohort in almost every measurable way: newer lease, newer construction, planned estate design, and stronger locational fundamentals. For buyers weighing up a three-room flat in this price range, the maths is straightforward. At $945,000, the unit costs less than most four-room flats at comparable BTO projects in more central locations, yet delivers a newer block, a nearly full 99-year lease, and a curated estate environment. That combination has proven compelling enough to push prices at Alkaff Lakeview to levels that would have seemed improbable for a three-room HDB flat just a few years ago. Whether the next record at Alkaff Lakeview comes from a three-room or a larger flat type, the price trajectory in that estate is clear. As long as no new BTO supply enters Bidadari and buyer appetite for newer-lease resale flats remains firm, the price floor here is unlikely to soften any time soon. ## Chinese translation > Translation model: grok_cli ### 这套比达达里三房式组屋仅在上次纪录八个月后，就以破纪录的945,000新元成交 位于118A Alkaff Crescent的一套三房式Model A单位于2026年6月以945,000新元成交，创下大巴窑新纪录，超越2025年10月115C Alkaff Crescent所创的930,000新元高位；过去12个月，大巴窑三房式组屋转售中位价为391,888新元。 位于比达达里Alkaff Lakeview的一套三房式单位，为大巴窑转售三房式组屋创下新的价格纪录。该单位位于118A Alkaff Crescent，面积775平方英尺，楼层介于16至18楼，本周早些时候以945,000新元（每平方英尺1,219新元）成交。 这一价格略高于此前大巴窑三房式转售组屋的镇区纪录，该纪录由相邻组屋座115C Alkaff Crescent的一套单位创下。那套763平方英尺的单位同样位于16至18楼，于2025年10月以930,000新元（每平方英尺1,217新元）易手。 两笔破纪录交易的价差仅为区区15,000新元，但值得注意的是，新纪录保持者面积略大，且租约起始日期较新。此外，两套破纪录单位均位于同一Alkaff Lakeview项目，该预购组屋项目在转售市场上已逐渐成为最受关注的项目之一。 今年3月，我们曾报道过一笔同样涉及Alkaff Lakeview单位的破纪录四房式交易，您可在此阅读相关交易详情。 Alkaff Lakeview于2019年竣工，这意味着破纪录单位所在组屋座仅约七年楼龄。在成交时点，剩余租约约93年6个月，因此该单位并不存在大巴窑其他较旧转售组屋常见的租约衰减隐忧。 单位的楼层高度同样关键，因为118A座最高仅17层。换言之，该单位处于或非常接近该座可售的最高楼层，这很可能推高了买家愿意支付的溢价。 以每平方英尺1,219新元计，这一价格也与大巴窑更广泛的三房式转售市场形成鲜明对比。过去12个月，整个镇区三房式组屋的转售中位价为391,888新元，平均转售价为474,476新元。 这笔945,000新元的交易，正处于过去一年左右登记的501笔交易中、从280,000新元至945,000新元价格区间的最顶端。这凸显了比达达里子市场在大巴窑内部所享有的显著价格溢价。 此前的三房式纪录——即115C Alkaff Crescent那套单位——本身也是在2025年7月创下的920,000新元高位，以及2024年12月一笔900,000新元交易之上的进一步攀升。 总体而言，115C座的价格走势表明，过去18个月以来，Alkaff Lakeview高楼层三房式单位的需求一直在持续上行。 Alkaff Lakeview及大巴窑近期交易 为将这笔破纪录成交置于更完整的背景中，以下是过去一年左右大巴窑三房式转售交易中成交价最高的五笔。 大巴窑三房式可比交易榜首 座号 | 街道 | 月份 | 楼层 | 面积（平方米） | 剩余租约 | 价格 118A | Alkaff Cres | 2026年6月 | 16至18 | 72 | 93年6个月 | 945,000新元 115C | Alkaff Cres | 2025年10月 | 16至18 | 71 | 94年3个月 | 930,000新元 115C | Alkaff Cres | 2025年7月 | 13至15 | 71 | 94年5个月 | 920,000新元 115C | Alkaff Cres | 2024年12月 | 13至15 | 71 | 95年1个月 | 900,000新元 101A | Bidadari Pk Dr | 2025年11月 | 10至12 | 68 | 94年8个月 | 900,000新元 基于这些交易，一个清晰的模式浮现出来。成交价最高的五笔交易全部集中在大巴窑的比达达里片区，分布于Alkaff Crescent与Bidadari Park Drive的预购组屋项目之间。大巴窑内没有任何其他子市场在三房式组屋价格上接近这一水平。 大巴窑三房式最近期交易（2026年6月） 座号 | 街道 | 月份 | 楼层 | 面积（平方米） | 剩余租约 | 价格 118A | Alkaff Cres | 2026年6月 | 16至18 | 72 | 93年6个月 | 945,000新元 101A | Bidadari Pk Dr | 2026年6月 | 13至15 | 68 | 94年 | 868,000新元 131B | Lor 1 Toa Payoh | 2026年6月 | 22至24 | 68 | 91年3个月 | 854,000新元 130A | Lor 1 Toa Payoh | 2026年6月 | 31至33 | 68 | 91年3个月 | 830,000新元 103B | Bidadari Pk Dr | 2026年6月 | 10至12 | 68 | 94年 | 828,000新元 同样值得关注的是，本月Alkaff Crescent沿线预购组屋项目在各房型中的其他成交情况，因为这能更全面地反映买家意向所在。 Alkaff Crescent近期交易（所有房型，2026年6月） 座号 | 街道 | 月份 | 楼层 | 面积（平方米） | 剩余租约 | 价格 111A | Alkaff Cres | 2026年6月 | 10至12 | 93 | 94年7个月 | 1,150,000新元 118A | Alkaff Cres | 2026年6月 | 07至09 | 93 | 93年7个月 | 1,090,000新元 118A | Alkaff Cres | 2026年6月 | 01至03 | 93 | 93年6个月 | 1,050,000新元 111A | Alkaff Cres | 2026年6月 | 07至09 | 93 | 94年7个月 | 1,000,000新元 111A | Alkaff Cres | 2026年6月 | 04至06 | 93 | 94年7个月 | 950,000新元 118A | Alkaff Cres | 2026年6月 | 16至18 | 72 | 93年6个月 | 945,000新元 118A | Alkaff Cres | 2026年6月 | 04至06 | 68 | 93年7个月 | 758,888新元 115C | Alkaff Cres | 2026年5月 | 10至12 | 97 | 93年7个月 | 1,310,000新元 有一个细节我们想特别点出。Alkaff Crescent上近期成交的1,001平方英尺单位（亦为较大房型）成交价已超过100万新元，即便是在118A座较低楼层亦是如此。 一套位于1至3楼、面积1,001平方英尺的单位于2026年6月以105万新元成交。这一背景有助于解释，为何同一座组屋最高楼层区间的一套较小三房式单位（约774平方英尺）能要到945,000新元——买家显然愿意为地段溢价买单，而不论单位面积大小。 价格为何站得住脚 这些价格的更广泛背景，在于比达达里作为住宅区所代表的意义。Alkaff Lakeview是大型比达达里规划片区内的预购组屋项目，该片区被打造为大巴窑规划区内一个经规划、综合配套的邻里。 建屋发展局（HDB）今年早些时候宣布，比达达里最后四个项目已竣工，为自2015年首批推出以来的开发篇章画上句号。该住宅区现由12个发展项目组成，住宅单位接近9,000套。由于比达达里片区不再有新的预购组屋供应进入，这里的转售市场没有新预购组屋与之竞争，买家需求自然集中于现有转售单位。 还有其他区位特质支撑着我们在部分比达达里组屋中看到的强劲转售价格。118A座共339个单位，以邻近比达达里住宅区内的绿色空间（包括Bidadari Park）而闻名。面向公园的组屋座中高楼层单位，历来相较低楼层或其他座中面向公园的单位，都享有可衡量的溢价。 此外，被市中心一带转售组屋价格挡在门外、却仍希望靠近部分城市边缘区域的HDB买家，也越来越多地把比达达里视为务实且相对可负担的中间选择。 破纪录的945,000新元三房式与镇区中位价391,888新元之间的价差十分醒目，但它反映的是大巴窑转售市场中两个截然不同的细分板块。该镇区大部分三房式交易仍涉及较旧、租约较短的组屋。比达达里单位在几乎每一个可衡量维度上都与那一群体区隔开来：更新的租约、更新的建筑、经规划的住宅区设计，以及更强的区位基本面。 对正在权衡这一价位三房式单位的买家而言，账目很直白。以945,000新元计，该单位成本低于多数更中心地段、可比预购组屋项目中的四房式单位，却能提供较新的组屋座、接近完整的99年租约，以及经精心规划的住宅区环境。这一组合已被证明足够有吸引力，足以把Alkaff Lakeview的价格推至几年前对三房式组屋而言似乎难以想象的水平。 无论Alkaff Lakeview的下一个纪录来自三房式还是更大房型，该住宅区的价格轨迹都已清晰。只要比达达里没有新的预购组屋供应进入，且买家对较新租约转售组屋的需求保持坚挺，这里的价格底部短期内就不太可能松动。