A 2 room HDB flat at 408C Northshore Drive was just sold for a record high price of $463,000 ($915 psf). The lease of the 47 sqm flat started in 2021, leaving it with a remaining lease of 94 years. The flat is located on the 19th to 21st storey range. This floor area is equivalent to 506-sq ft.

The recent transaction surpassed the previous record high for 2 room flats in Punggol. In August 2025, a 2 room at 408A Northshore Drive was sold for $455,500 ($900 psf). That flat also measures 506 sq ft and is located on the 16th to 18th storeys. Both flats started their lease in 2021.

These two transactions surpassed last year’s record high of $425,000 ($840 psf), which was set by a flat that is located at 405B Northshore Dr. That unit was sold in July 2025. The flat measures 506 sq ft. It is located on the 13th to 15th storeys and it has a remaining lease of 94 years.

A one bedroom unit at nearby private condominium Watertown was recently transacted for $918,000 or $1,579 psf. It has a floor area of 581 sq ft. 

You can check all the resale transactions (and more) for 2 room flats in Punggol using our property research tools.

The HDB flat should appeal to parents with school-going children, as they are within walking distance of several schools, including Punggol Cove Primary School, Punggol Green Primary School, Punggol View Primary School, Edgefield Secondary School, Yusof Ishak Secondary School(Punggol) and Compassvale Secondary School. Nearby MRT stations include Punggol Coast, Damai and Punggol. Grocery shopping can be done in places like Sheng Siong Supermarket, FairPrice Finest (Waterway Point) and Prime Supermarket.