HDB Resale Report — December 1998

← November 1998 · all reports · January 1999 →

4,988 flats changed hands in December 1998 (-0.1% vs November 1998 · +84.2% vs December 1997). The median price across all flat types was S$221,000. The month's top sale: an EXECUTIVE at Blk 102 BISHAN ST 12 for S$663,000.

At a glance

Flats resold

4,988

-0.1% vs November 1998 · +84.2% vs December 1997

Median price, all flat types

S$221,000

-2.6% vs November 1998 · -16.0% vs December 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$220,000S$245,000S$270,000Dec '97Jun '98Dec '98Dec '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 resalesSep '98 · S$237,000 median · 4,760 resalesOct '98 · S$235,000 median · 5,709 resalesNov '98 · S$227,000 median · 4,993 resalesDec '98 · S$221,000 median · 4,988 resalesS$221,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
3 ROOM1,899 S$143,000S$194 68
4 ROOM1,872 S$240,000S$230 103
5 ROOM812 S$358,000S$265 123
EXECUTIVE355 S$453,000S$282 146
2 ROOM38 S$72,500S$153 45
1 ROOM11 S$42,000S$132 31
MULTI GENERATION1 S$449,000S$276 151

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
PASIR RIS326S$353,000 S$273,000 S$366,000S$465,000
BISHAN117S$339,000 S$158,000S$324,500 S$435,000S$530,000
BUKIT TIMAH30S$302,500 S$152,000S$289,500 S$412,000S$495,000
CHOA CHU KANG217S$278,000 S$136,500S$255,000 S$350,000S$448,000
TAMPINES526S$270,000 S$165,000S$269,500 S$360,500S$476,000
SERANGOON149S$242,000 S$143,000S$244,400 S$365,000S$450,000
HOUGANG372S$228,000 S$143,000S$248,500 S$359,000S$460,000
JURONG WEST307S$220,000 S$125,000S$221,000 S$296,000S$390,250
BUKIT PANJANG115S$213,000 S$133,000S$216,500 S$310,000S$410,500
JURONG EAST147S$210,000 S$136,000S$216,000 S$332,500S$397,000
MARINE PARADE45S$210,000 S$175,000S$283,000 S$455,000
BEDOK428S$186,750 S$144,000S$223,800 S$352,000S$473,000
WOODLANDS202S$186,000 S$108,000S$182,000 S$303,000S$443,000
BUKIT BATOK265S$181,000 S$125,000S$219,500 S$320,000S$424,000
YISHUN465S$180,000 S$137,000S$220,000 S$330,500S$430,500
CENTRAL AREA31S$175,000 S$168,800S$253,000 S$410,000
ANG MO KIO329S$174,000 S$152,000S$247,000 S$385,000
BUKIT MERAH155S$170,000 S$145,000S$261,500 S$407,500
CLEMENTI176S$160,000 S$150,000S$252,000 S$381,900S$470,000
GEYLANG158S$160,000 S$130,000S$253,000 S$374,000S$476,000
KALLANG/WHAMPOA119S$155,000 S$140,000S$239,000 S$417,000S$522,500
TOA PAYOH174S$152,550 S$148,000S$236,500 S$397,500S$515,000
QUEENSTOWN133S$140,000 S$136,000S$260,000 S$445,000S$473,000
SENGKANG1S$106,800 S$106,800
LIM CHU KANG1S$67,000 S$67,000

Top transactions

BlockTypeLevelArea m² Price
Blk 102 BISHAN ST 12 EXECUTIVE22 TO 24 163S$663,000
Blk 286 BISHAN ST 24 EXECUTIVE22 TO 24 149S$625,000
Blk 99A LOR 2 TOA PAYOH EXECUTIVE07 TO 09 147S$610,000
Blk 152 PASIR RIS ST 13 EXECUTIVE07 TO 09 189S$590,000
Blk 48 BENDEMEER RD EXECUTIVE07 TO 09 147S$575,000
Blk 254 KIM KEAT AVE EXECUTIVE10 TO 12 146S$570,000
Blk 8 KIM TIAN PL 5 ROOM13 TO 15 131S$548,000
Blk 501 PASIR RIS ST 52 EXECUTIVE07 TO 09 146S$548,000
Blk 186 BISHAN ST 13 EXECUTIVE04 TO 06 146S$545,000
Blk 218 BISHAN ST 23 EXECUTIVE01 TO 03 149S$545,000