HDB Resale Report — May 1998

← April 1998 · all reports · June 1998 →

3,729 flats changed hands in May 1998 (-4.5% vs April 1998 · +15.9% vs May 1997). The median price across all flat types was S$247,000. The month's top sale: an EXECUTIVE at Blk 168 BISHAN ST 13 for S$750,000.

At a glance

Flats resold

3,729

-4.5% vs April 1998 · +15.9% vs May 1997

Median price, all flat types

S$247,000

-2.0% vs April 1998 · -17.7% vs May 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$240,000S$275,000S$310,000May '97Nov '97May '98May '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 resalesApr '98 · S$252,000 median · 3,905 resalesMay '98 · S$247,000 median · 3,729 resalesS$247,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,341 S$256,000S$244 98
3 ROOM1,275 S$156,000S$212 67
5 ROOM717 S$373,000S$279 123
EXECUTIVE347 S$485,000S$305 146
2 ROOM40 S$85,500S$177 46
1 ROOM9 S$54,000S$170 29

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
PASIR RIS256S$385,000 S$295,000 S$382,000S$491,000
BISHAN103S$370,800 S$182,000S$283,750 S$460,000S$557,500
BUKIT TIMAH11S$348,000 S$188,000S$280,000 S$480,000S$599,000
TAMPINES380S$302,000 S$180,000S$288,000 S$380,000S$498,000
MARINE PARADE30S$289,500 S$195,900S$301,500 S$482,500
CHOA CHU KANG119S$285,000 S$143,000S$264,500 S$368,000S$466,000
SERANGOON113S$273,000 S$167,500S$260,000 S$394,400S$500,000
HOUGANG238S$242,500 S$155,000S$250,000 S$368,000S$490,000
JURONG WEST267S$240,000 S$140,000S$242,000 S$322,001S$410,000
BEDOK269S$238,000 S$161,500S$248,000 S$366,500S$506,800
BUKIT PANJANG82S$236,000 S$149,000S$235,000 S$329,000S$448,000
YISHUN364S$225,000 S$152,000S$244,525 S$350,000S$457,000
GEYLANG111S$224,000 S$147,250S$283,500 S$439,000S$505,000
JURONG EAST124S$223,500 S$152,000S$239,500 S$356,000S$463,500
CLEMENTI138S$210,500 S$171,000S$270,000 S$403,000S$520,000
BUKIT BATOK314S$210,500 S$143,000S$240,000 S$350,000S$453,500
WOODLANDS144S$193,500 S$128,500S$196,000 S$328,000S$460,000
CENTRAL AREA17S$190,000 S$190,000S$285,000 S$475,000
ANG MO KIO217S$184,000 S$165,000S$267,000 S$389,000
BUKIT MERAH118S$183,250 S$161,500S$282,500 S$438,000
TOA PAYOH112S$173,250 S$161,750S$286,250 S$402,000S$540,000
KALLANG/WHAMPOA98S$172,000 S$155,000S$271,000 S$398,000
QUEENSTOWN103S$158,000 S$157,000S$285,000 S$457,500
LIM CHU KANG1S$77,000 S$77,000

Top transactions

BlockTypeLevelArea m² Price
Blk 168 BISHAN ST 13 EXECUTIVE19 TO 21 163S$750,000
Blk 101A LOR 2 TOA PAYOH EXECUTIVE01 TO 03 145S$640,000
Blk 531 PASIR RIS DR 1 EXECUTIVE01 TO 03 148S$637,000
Blk 6 TOH YI DR EXECUTIVE04 TO 06 146S$618,000
Blk 174 BISHAN ST 13 EXECUTIVE01 TO 03 152S$605,000
Blk 119 BISHAN ST 12 EXECUTIVE10 TO 12 143S$600,000
Blk 160 BISHAN ST 13 EXECUTIVE01 TO 03 149S$600,000
Blk 534 PASIR RIS DR 1 EXECUTIVE07 TO 09 154S$588,000
Blk 223 BISHAN ST 23 EXECUTIVE10 TO 12 141S$585,000
Blk 99C LOR 2 TOA PAYOH EXECUTIVE01 TO 03 145S$585,000