PropHerald

HDB Resale Report — March 2003

← February 2003 · all reports · April 2003 →

2,270 flats changed hands in March 2003 (+22.2% vs February 2003 · -27.1% vs March 2002). The median price across all flat types was S$215,750. The month's top sale: an EXECUTIVE at Blk 101A LOR 2 TOA PAYOH for S$580,000.

At a glance

Flats resold

2,270

+22.2% vs February 2003 · -27.1% vs March 2002

Median price, all flat types

S$215,750

+2.7% vs February 2003 · +0.3% vs March 2002

S$1m+ resales

0

Median resale price, last 13 months

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

S$200,000S$215,000S$230,000Mar '02Sep '02Mar '03Mar '02 · S$215,000 median · 3,115 resalesApr '02 · S$218,000 median · 3,300 resalesMay '02 · S$222,000 median · 3,298 resalesJun '02 · S$220,000 median · 2,836 resalesJul '02 · S$215,000 median · 3,282 resalesAug '02 · S$208,000 median · 2,829 resalesSep '02 · S$220,000 median · 2,749 resalesOct '02 · S$214,000 median · 3,156 resalesNov '02 · S$213,000 median · 2,831 resalesDec '02 · S$210,150 median · 2,684 resalesJan '03 · S$209,000 median · 2,705 resalesFeb '03 · S$210,000 median · 1,858 resalesMar '03 · S$215,750 median · 2,270 resalesS$215,750

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM895 S$222,000S$207 101—
3 ROOM734 S$148,250S$202 67—
5 ROOM453 S$315,000S$237 122—
EXECUTIVE158 S$408,250S$256 146—
2 ROOM23 S$87,000S$176 45—
1 ROOM5 S$43,000S$129 29—
MULTI-GENERATION2 S$460,000S$257 166—

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
BISHAN62S$351,500 S$192,500S$332,000 S$402,500S$484,000
PASIR RIS85S$310,000 —S$250,000 S$320,500S$431,750
BUKIT TIMAH6S$286,000 —S$280,000 —S$484,000
TAMPINES177S$257,000 S$186,000S$249,000 S$332,500S$435,000
SERANGOON64S$248,500 S$140,000S$222,000 S$321,000S$440,000
SENGKANG23S$243,800 —S$239,000 S$318,000S$422,000
HOUGANG115S$240,000 S$139,800S$230,000 S$331,000S$403,000
JURONG EAST96S$229,500 S$143,000S$241,000 S$333,000S$380,000
MARINE PARADE22S$225,000 S$200,000S$256,750 S$439,000—
CHOA CHU KANG128S$225,000 S$115,000S$215,000 S$303,500S$383,500
SEMBAWANG42S$223,500 —S$220,000 S$296,888S$395,000
WOODLANDS267S$220,000 S$125,500S$209,000 S$280,000S$390,000
BUKIT PANJANG84S$209,000 S$138,500S$200,250 S$287,500S$384,500
CENTRAL AREA16S$206,500 S$200,500S$285,000 ——
KALLANG/WHAMPOA59S$197,000 S$142,000S$255,000 S$383,888—
BEDOK153S$195,000 S$150,000S$214,000 S$347,500S$425,350
JURONG WEST145S$195,000 S$114,500S$197,000 S$256,750S$346,500
TOA PAYOH67S$189,900 S$172,050S$259,000 S$392,000S$538,000
GEYLANG63S$185,000 S$125,000S$240,500 S$313,500S$442,000
BUKIT BATOK116S$183,500 S$138,000S$246,000 S$341,000S$372,750
ANG MO KIO116S$183,000 S$159,500S$228,250 S$332,000S$366,000
BUKIT MERAH78S$176,500 S$155,000S$266,500 S$453,000—
YISHUN139S$173,000 S$134,500S$190,800 S$279,250S$370,000
CLEMENTI79S$170,000 S$160,000S$242,000 S$358,500S$440,800
QUEENSTOWN68S$152,000 S$154,000S$235,000 S$471,000S$525,000

Top transactions

BlockTypeLevelArea m² Price
Blk 101A LOR 2 TOA PAYOH EXECUTIVE10 TO 12 147S$580,000
Blk 856D TAMPINES ST 82 EXECUTIVE07 TO 09 146S$528,000
Blk 122 KIM TIAN RD 5 ROOM16 TO 18 126S$525,000
Blk 22 DOVER CRES EXECUTIVE10 TO 12 155S$525,000
Blk 124B BT MERAH VIEW 5 ROOM16 TO 18 133S$520,000
Blk 186 BISHAN ST 13 EXECUTIVE10 TO 12 146S$508,000
Blk 534 PASIR RIS DR 1 EXECUTIVE07 TO 09 148S$508,000
Blk 10D BEDOK STH AVE 2 EXECUTIVE07 TO 09 143S$505,000
Blk 187 BISHAN ST 13 EXECUTIVE04 TO 06 146S$503,000
Blk 81 REDHILL LANE 5 ROOM16 TO 18 126S$500,000