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The Housing & Development Board (HDB) market in Ang Mo Kio has reached unprecedented heights with a landmark transaction in May 2026. A spacious 120 sqm five-room flat at Block 588B Ang Mo Kio Street 52 changed hands for an astonishing $1.5 million, setting a new benchmark for similar properties in the mature estate.
This record-breaking unit, situated on a premium high floor (between the 19th to 21st levels) within the sought-after Park Central @ AMK development, represents more than just another property sale - it signals the growing demand for well-located DBSS (Design, Build and Sell Scheme) flats with modern amenities. What makes this transaction particularly noteworthy is how it surpassed the previous area record by $20,000 despite being nearly ten floors below the former titleholder at Block 588D (28th to 30th floor).
The Park Central @ AMK project, completed in late-2011 as part of Singapore's DBSS initiative, continues to command premium prices due to its strategic location near Ang Mo Kio Hub and multiple MRT stations. Property analysts note that this latest transaction reflects both the enduring appeal of mature estates and buyers' willingness to pay top dollar for units with excellent layouts and convenient access to urban facilities.
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