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Queenstown 3-Room HDB Hits $900K Record; Hougang GLS Eyed Above $2,500 PSF

Published 30 May 2026 · Covers news from 29 May to 30 May

A Queenstown HDB flat at SkyParc @ Dawson set a new three-room resale record at $900,000 ($1,327 psf), while a CapitaLand-UOL consortium's $1.5 billion Hougang Central GLS win has market observers estimating a future launch above $2,500 psf. These two data points illustrate pricing pressure at opposite ends of the market — public resale and new private launches.

  • A 678 sq ft three-room flat at Block 95 SkyParc @ Dawson, Queenstown, transacted at $900,000, setting a new resale record for three-room flats in the estate at $1,327 psf; the previous record of $890,000 was set in the same block in January 2026 [2].
  • The CapitaLand-UOL consortium secured the Hougang Central GLS integrated site for $1.5 billion, with market estimates placing the eventual residential launch above $2,500 psf; Stacked Homes notes this could have implications for owners at nearby Riverfront Residences and The Florence Residences, drawing on six years of Sengkang Grand Residences transaction data [3].
  • For buyers weighing resale context, HDB resale prices recorded their first quarterly decline since 2019, even as 412 flats sold above $1 million in the same period — a split signal that Stacked Homes reports without resolution [5].
  • Five freehold condo units with private pools — spanning Alexis, Casa Fortuna, Spottiswoode 18, Espira Suites, and Heritage East — are listed under $2 million, according to Stacked Homes' latest Units of the Week roundup, offering a benchmark for buyers seeking freehold private property at that price point [4].

Sources

  1. [2]
  2. [3]
  3. [4]
  4. [5]

Note: This insight was AI-synthesised from the sources above. We don't predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.