HDB Resale Report — January 1998

← December 1997 · all reports · February 1998 →

2,932 flats changed hands in January 1998 (+8.3% vs December 1997 · +15.4% vs January 1997). The median price across all flat types was S$265,000. The month's top sale: an EXECUTIVE at Blk 99A LOR 2 TOA PAYOH for S$655,000.

At a glance

Flats resold

2,932

+8.3% vs December 1997 · +15.4% vs January 1997

Median price, all flat types

S$265,000

+0.8% vs December 1997 · -8.6% vs January 1997

S$1m+ resales

0

Median resale price, last 13 months

All flat types combined — the mix of flats sold shifts month to month.

S$260,000S$285,000S$310,000Jan '97Jul '97Jan '98Jan '97 · S$290,000 median · 2,540 resalesFeb '97 · S$298,000 median · 2,186 resalesMar '97 · S$298,000 median · 2,654 resalesApr '97 · S$300,000 median · 2,871 resalesMay '97 · S$300,000 median · 3,217 resalesJun '97 · S$308,000 median · 2,808 resalesJul '97 · S$296,000 median · 2,906 resalesAug '97 · S$287,000 median · 2,556 resalesSep '97 · S$290,500 median · 2,399 resalesOct '97 · S$282,000 median · 2,738 resalesNov '97 · S$276,000 median · 2,176 resalesDec '97 · S$263,000 median · 2,708 resalesJan '98 · S$265,000 median · 2,932 resalesS$265,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,120 S$278,000S$262 103
3 ROOM1,040 S$174,000S$232 68
5 ROOM504 S$400,000S$302 122
EXECUTIVE234 S$520,000S$330 146
2 ROOM29 S$95,000S$186 46
1 ROOM4 S$55,500S$171 30
MULTI GENERATION1 S$573,000S$297 179

Median price by town and flat type

Ranked by all-type median — towns sell different flat mixes, so the first column compares markets, the per-type columns compare like flats. “—” means no resales of that type this month.

TownResalesAll types 3-room4-room5-room Executive
BUKIT TIMAH7S$443,000 S$195,000S$403,000 S$520,000
PASIR RIS129S$418,000 S$318,000 S$418,000S$535,000
BISHAN76S$388,000 S$195,000S$380,000 S$503,000S$609,000
TAMPINES289S$323,000 S$195,000S$314,000 S$410,000S$541,500
SERANGOON117S$315,000 S$180,000S$303,500 S$422,500S$550,000
MARINE PARADE19S$300,000 S$205,000S$321,500 S$515,000
CHOA CHU KANG132S$293,400 S$162,000S$280,000 S$372,500S$500,000
HOUGANG147S$293,000 S$176,250S$285,000 S$392,000S$515,375
KALLANG/WHAMPOA81S$267,500 S$180,000S$305,000 S$435,000S$512,000
BEDOK206S$264,000 S$183,000S$270,000 S$400,000S$531,000
BUKIT PANJANG72S$261,000 S$161,000S$255,000 S$347,000S$482,000
JURONG WEST244S$245,000 S$140,900S$258,500 S$340,000S$455,000
CLEMENTI101S$240,000 S$192,000S$295,500 S$425,000S$570,000
GEYLANG71S$230,000 S$166,000S$282,000 S$475,000S$595,000
YISHUN346S$223,500 S$169,000S$251,500 S$377,000S$495,000
BUKIT MERAH78S$222,500 S$179,500S$310,000 S$448,000
ANG MO KIO166S$218,000 S$190,000S$282,000 S$438,000
WOODLANDS110S$209,000 S$154,250S$230,000 S$330,000S$494,000
JURONG EAST96S$206,500 S$164,750S$265,000 S$377,000S$470,000
CENTRAL AREA23S$205,000 S$203,500S$344,500
TOA PAYOH82S$198,000 S$175,000S$288,500 S$456,500S$590,000
BUKIT BATOK243S$193,000 S$163,000S$262,000 S$351,250S$483,500
QUEENSTOWN96S$158,000 S$155,000S$289,500 S$492,500
LIM CHU KANG1S$86,000 S$86,000

Top transactions

BlockTypeLevelArea m² Price
Blk 99A LOR 2 TOA PAYOH EXECUTIVE07 TO 09 145S$655,000
Blk 99B LOR 2 TOA PAYOH EXECUTIVE04 TO 06 144S$655,000
Blk 10E BEDOK STH AVE 2 EXECUTIVE07 TO 09 146S$638,000
Blk 534 PASIR RIS DR 1 EXECUTIVE01 TO 03 148S$630,000
Blk 261 BISHAN ST 22 EXECUTIVE07 TO 09 149S$626,000
Blk 174 BISHAN ST 13 EXECUTIVE01 TO 03 146S$625,000
Blk 546 PASIR RIS ST 51 EXECUTIVE10 TO 12 144S$613,800
Blk 10E BEDOK STH AVE 2 EXECUTIVE13 TO 15 147S$610,000
Blk 258 BISHAN ST 22 EXECUTIVE01 TO 03 148S$610,000
Blk 466 PASIR RIS ST 41 EXECUTIVE01 TO 03 156S$610,000