HDB Resale Report — August 1998

← July 1998 · all reports · September 1998 →

4,444 flats changed hands in August 1998 (+1.1% vs July 1998 · +73.9% vs August 1997). The median price across all flat types was S$238,000. The month's top sale: a MULTI GENERATION at Blk 137 BISHAN ST 12 for S$639,000.

At a glance

Flats resold

4,444

+1.1% vs July 1998 · +73.9% vs August 1997

Median price, all flat types

S$238,000

-2.1% vs July 1998 · -17.1% vs August 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$230,000S$265,000S$300,000Aug '97Feb '98Aug '98Aug '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 resalesJun '98 · S$243,000 median · 4,053 resalesJul '98 · S$243,000 median · 4,397 resalesAug '98 · S$238,000 median · 4,444 resalesS$238,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,621 S$248,000S$238 98
3 ROOM1,567 S$152,000S$206 67
5 ROOM805 S$365,000S$273 122
EXECUTIVE399 S$470,000S$293 147
2 ROOM40 S$76,750S$163 45
1 ROOM9 S$48,000S$144 31
MULTI GENERATION3 S$490,000S$266 165

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 RIS277S$381,180 S$284,900 S$375,000S$475,000
BISHAN118S$362,500 S$165,500S$346,000 S$451,500S$553,500
BUKIT TIMAH16S$334,400 S$160,000S$322,000 S$453,800S$541,500
TAMPINES530S$285,000 S$174,000S$278,000 S$373,500S$492,500
CHOA CHU KANG147S$280,000 S$140,000S$267,000 S$351,500S$465,000
SERANGOON137S$252,500 S$153,000S$255,000 S$385,000S$511,500
JURONG WEST304S$238,000 S$120,000S$235,000 S$314,000S$407,500
BEDOK350S$230,500 S$153,000S$240,000 S$355,000S$498,000
HOUGANG271S$230,000 S$149,500S$237,500 S$360,000S$475,000
MARINE PARADE48S$226,500 S$194,000S$293,500 S$468,000
BUKIT PANJANG104S$222,500 S$141,000S$220,000 S$313,500S$415,000
YISHUN440S$221,000 S$145,500S$230,000 S$338,000S$440,000
JURONG EAST159S$211,000 S$142,000S$231,000 S$340,000S$429,500
GEYLANG146S$205,000 S$144,000S$258,000 S$382,000S$501,000
BUKIT BATOK278S$190,500 S$135,000S$239,500 S$363,000S$436,000
WOODLANDS163S$189,000 S$120,000S$187,000 S$304,000S$480,000
CENTRAL AREA32S$184,000 S$175,000S$263,000 S$434,000
KALLANG/WHAMPOA95S$180,000 S$154,000S$266,000 S$400,000
CLEMENTI162S$180,000 S$159,000S$267,000 S$396,500S$480,000
ANG MO KIO287S$174,000 S$158,000S$256,650 S$393,000
TOA PAYOH121S$168,000 S$157,000S$272,100 S$386,500S$553,500
BUKIT MERAH132S$165,500 S$157,500S$283,500 S$452,500
QUEENSTOWN124S$148,750 S$148,000S$271,000 S$427,000
SENGKANG2S$123,000 S$123,000
SEMBAWANG1S$92,000 S$92,000

Top transactions

BlockTypeLevelArea m² Price
Blk 137 BISHAN ST 12 MULTI GENERATION10 TO 12 165S$639,000
Blk 101A LOR 2 TOA PAYOH EXECUTIVE13 TO 15 145S$623,000
Blk 223 BISHAN ST 23 EXECUTIVE13 TO 15 141S$620,000
Blk 101A LOR 2 TOA PAYOH EXECUTIVE04 TO 06 145S$605,000
Blk 452 SIN MING AVE EXECUTIVE01 TO 03 145S$588,000
Blk 418 PASIR RIS DR 6 EXECUTIVE10 TO 12 149S$585,000
Blk 505 PASIR RIS ST 52 EXECUTIVE13 TO 15 146S$565,000
Blk 240 LOR 1 TOA PAYOH EXECUTIVE07 TO 09 146S$562,500
Blk 238 BISHAN ST 22 EXECUTIVE07 TO 09 148S$561,000
Blk 10E BEDOK STH AVE 2 EXECUTIVE07 TO 09 143S$560,000