132 Potong Pasir Avenue 1 HDB Price Trends & Resale Analysis
132 Potong Pasir Avenue 1 in Toa Payoh features Executive Maisonette units averaging S$950,000 in recent resales, with PSF around S$584 as of February 2022, showing steady demand in this mature estate.
Homejourney verifies all market data to ensure you make confident, safe decisions on 132 Potong Pasir Avenue 1 HDB Price Trends and Resale Analysis. This cluster article dives into specific resale data and trends, linking back to our comprehensive 132 Potong Pasir Avenue 1 HDB: Toa Payoh Resale Flats Guide ">132 Potong Pasir Avenue 1 HDB: Toa Payoh Resale Flats Guide pillar for full insights.
Overview of 132 Potong Pasir Avenue 1
Located at Blk 132 Potong Pasir Avenue 1, Singapore 350132, this HDB block in Toa Payoh was built in 1984 with a 99-year leasehold tenure.[1] It primarily offers Executive Maisonette flats around 151-161 m², ideal for families seeking spacious living in a central location.
Potong Pasir Avenue 1 sits near Potong Pasir MRT (5-minute walk from Exit A), providing easy access to Woodleigh MRT and major expressways like CTE. Amenities include Potong Pasir Community Club (3-minute walk) and nearby wet markets, making it family-friendly.[1]
Current market context in 2026 shows Toa Payoh HDB resale prices stabilizing post-2024 peaks, influenced by cooling measures like ABSD and TDSR limits from MAS. Homejourney's verified data helps you navigate these for safe buys.
Recent Resale Price Trends at 132 Potong Pasir Avenue 1
The most recent resale at 132 Potong Pasir Avenue 1 was in February 2022: an Executive Maisonette (151 m², floors 1-3) sold for S$950,000 at S$584 psf.[1][2][4] Earlier, February 2017 saw a 161 m² unit at S$925,000 (S$534 psf), indicating a 9.5% price rise over five years.[1]
No transactions post-2022 in this block, but nearby Potong Pasir Avenue 1 blocks show upward trends: Block 133 sold for S$1,240,000 (S$716 psf) in Aug 2024, and Block 129 at S$1,160,000 (S$669 psf) in Feb 2024.[1] This suggests Toa Payoh flat prices in the area average S$650-750 psf for executives in 2026.
| Block | Resale Month | Type | Area (m²) | Price | PSF |
|---|---|---|---|---|---|
| 132 Potong Pasir Ave 1 | Feb-2022 | Executive Maisonette | 151 | S$950,000 | S$584 |
| 129 Potong Pasir Ave 1 | Feb-2024 | Executive Maisonette | 161 | S$1,160,000 | S$669 |
| 133 Potong Pasir Ave 1 | Aug-2024 | Executive Maisonette | 161 | S$1,240,000 | S$716 |
Data from HDB via data.gov.sg[1]. Trends indicate potential for S$1.1M+ resales in 2026, driven by location premium.
Financial Considerations for Buying 132 Potong Pasir Avenue 1
Expect total costs beyond purchase price: Buyer's Stamp Duty (BSD) up to 6% for resales over S$1M, plus ABSD (17% for PRs, 60% for foreigners in 2026 per IRAS). Use CPF for up to 80% under MSR/TDSR limits.Bank Rates
- Loan-to-Value (LTV): Max 75% for HDB resale loans.
- Hidden costs: S$2,000-5,000 for legal fees, valuation; agent fees if applicable.
- CPF strategy: Ordinary Account for downpayment (25%), up to resale price cap.
Check current HDB resale eligibility on HDB InfoWEB. Homejourney's tools verify financing options for your safety.
Step-by-Step Guide to Buying 132 Potong Pasir Avenue 1 for Sale
- Verify eligibility: HDB flat eligibility via Singpass (MOP met? Ethnic quota?).
- Search listings: Use Property Search ">Homejourney property search for 132 Potong Pasir Avenue 1 for sale or Toa Payoh HDB for sale.
- View & negotiate: Insider tip: Low-floor maisonettes (1-3) get more light; negotiate 2-5% below ask.
- Exercise Option to Purchase (OTP): S$1,000-2,000 fee, 21 days validity.
- Finance & conveyancing: Apply HDB/FI loan; lawyer handles title deed.
- Completion: 8-12 weeks; budget for aircon servicing post-move via Aircon Services ">Homejourney aircon services.
Timeline: 3-6 months total. Always consult HDB-resale approved lawyers.
Pros, Cons & Decision Framework
Pros: Spacious executives, central Toa Payoh location (7 mins to MRT), strong rental yield potential (no recent data, but area averages S$4,000+).[1]
Cons: 1984 lease (42 years remaining by 2026), potential en-bloc low due to age; higher maintenance for maisonettes.
| Factor | Score (1-10) | Notes |
|---|---|---|
| Location | 9 | Near MRT, amenities |
| Price Growth | 7 | Stable, +9% since 2017 |
| Space | 10 | Large maisonettes |
Buy if family-sized space in mature estate fits; compare via Projects Directory ">Homejourney projects directory.
Common Mistakes to Avoid in Potong Pasir HDB Resales
- Overlooking lease decay: 42 years left impacts loan quantum.
- Ignoring floor premium: Top floors fetch 10% more psf.
- Not checking HDB additions: Verify via HDB portal to avoid defects liability.
Red flag: Sellers rushing OTP without full disclosure. Homejourney prioritizes transparency for your trust.
FAQ: 132 Potong Pasir Avenue 1 HDB Price Trends
What is the latest resale price for 132 Potong Pasir Avenue 1?
February 2022: S$950,000 (S$584 psf) for 151 m² Executive Maisonette. Nearby blocks hit S$1.24M in 2024.[1]
Is 132 Potong Pasir Avenue 1 a good buy in 2026?
Yes for families valuing space and location, but factor lease remaining. Check Property Search ">Homejourney search for Toa Payoh for sale options.
How do flat prices compare in Potong Pasir Avenue 1?
Average executive PSF S$650+, with growth from S$534 (2017) to S$716 (2024 nearby).[1]
Can foreigners buy HDB resale here?
Yes, but 60% ABSD applies; min S$1.5M for executive flats per HDB rules.
What financing for Toa Payoh HDB?
See Bank Rates ">Homejourney bank rates for LTV/MSR calculators.
Ready to explore buy HDB safely? Start with Property Search ">Homejourney property search and our pillar guide on 132 Potong Pasir Avenue 1 HDB: Toa Payoh Resale Flats Guide ">132 Potong Pasir Avenue 1 HDB. Homejourney ensures verified data and user safety every step.
