HDB Resale Report — March 1998

← February 1998 · all reports · April 1998 →

3,695 flats changed hands in March 1998 (+5.9% vs February 1998 · +39.2% vs March 1997). The median price across all flat types was S$252,000. The month's top sale: an EXECUTIVE at Blk 7 TOH YI DR for S$718,000.

At a glance

Flats resold

3,695

+5.9% vs February 1998 · +39.2% vs March 1997

Median price, all flat types

S$252,000

-2.3% vs February 1998 · -15.4% vs March 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$250,000S$280,000S$310,000Mar '97Sep '97Mar '98Mar '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 resalesFeb '98 · S$258,000 median · 3,490 resalesMar '98 · S$252,000 median · 3,695 resalesS$252,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,380 S$265,000S$253 98
3 ROOM1,300 S$163,000S$222 68
5 ROOM648 S$387,000S$288 122
EXECUTIVE321 S$490,000S$311 146
2 ROOM41 S$84,000S$176 46
1 ROOM4 S$44,750S$145 29
MULTI GENERATION1 S$498,000S$306 151

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 TIMAH11S$448,000 S$175,000S$325,000 S$464,500S$718,000
BISHAN119S$401,000 S$191,000S$356,500 S$473,000S$585,000
PASIR RIS223S$399,500 S$305,000 S$398,000S$480,000
TAMPINES374S$307,500 S$188,500S$300,000 S$391,000S$512,000
CHOA CHU KANG131S$292,000 S$147,000S$275,000 S$375,750S$486,000
SERANGOON105S$280,000 S$175,000S$268,944 S$385,000S$515,000
HOUGANG210S$271,500 S$158,000S$266,500 S$382,500S$510,000
MARINE PARADE34S$269,000 S$208,000S$323,000 S$480,000
JURONG EAST105S$249,000 S$155,000S$250,000 S$362,000S$446,000
BEDOK261S$248,000 S$170,000S$260,000 S$389,000S$519,000
JURONG WEST292S$242,000 S$148,000S$250,000 S$330,000S$430,500
BUKIT PANJANG88S$240,000 S$150,000S$240,000 S$335,000S$455,000
YISHUN406S$239,400 S$162,000S$245,000 S$368,000S$470,000
CLEMENTI130S$219,500 S$176,750S$283,500 S$415,000S$552,000
GEYLANG118S$214,500 S$152,500S$270,000 S$407,000S$530,000
WOODLANDS178S$204,500 S$144,000S$212,000 S$329,500S$463,000
CENTRAL AREA24S$204,000 S$201,500S$316,000
SENGKANG3S$193,000 S$130,000S$207,500
ANG MO KIO212S$192,750 S$175,000S$278,000 S$402,500
KALLANG/WHAMPOA88S$190,000 S$167,000S$289,250 S$455,000
TOA PAYOH98S$189,000 S$166,000S$275,000 S$415,500S$558,500
BUKIT MERAH119S$180,000 S$165,000S$290,000 S$435,900
BUKIT BATOK269S$166,500 S$150,000S$250,000 S$396,500S$480,000
QUEENSTOWN97S$160,000 S$159,500S$288,400 S$453,000

Top transactions

BlockTypeLevelArea m² Price
Blk 7 TOH YI DR EXECUTIVE10 TO 12 142S$718,000
Blk 533 PASIR RIS DR 1 EXECUTIVE10 TO 12 145S$700,000
Blk 101A LOR 2 TOA PAYOH EXECUTIVE16 TO 18 145S$660,000
Blk 99A LOR 2 TOA PAYOH EXECUTIVE10 TO 12 146S$642,500
Blk 99A LOR 2 TOA PAYOH EXECUTIVE10 TO 12 147S$628,000
Blk 101B LOR 2 TOA PAYOH EXECUTIVE10 TO 12 144S$628,000
Blk 261 BISHAN ST 22 EXECUTIVE04 TO 06 151S$625,000
Blk 99B LOR 2 TOA PAYOH EXECUTIVE10 TO 12 144S$623,000
Blk 101A LOR 2 TOA PAYOH EXECUTIVE10 TO 12 145S$620,000
Blk 224 BISHAN ST 23 EXECUTIVE22 TO 24 141S$615,000