PropHerald

HDB Resale Report — March 2004

← February 2004 · all reports · April 2004 →

2,775 flats changed hands in March 2004 (+0.7% vs February 2004 · +22.2% vs March 2003). The median price across all flat types was S$225,000. The month's top sale: an EXECUTIVE at Blk 148 MEI LING ST for S$650,000.

At a glance

Flats resold

2,775

+0.7% vs February 2004 · +22.2% vs March 2003

Median price, all flat types

S$225,000

+2.3% vs February 2004 · +4.3% vs March 2003

S$1m+ resales

0

Median resale price, last 13 months

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

S$210,000S$220,000S$230,000Mar '03Sep '03Mar '04Mar '03 · S$215,750 median · 2,270 resalesApr '03 · S$213,000 median · 2,160 resalesMay '03 · S$213,000 median · 2,272 resalesJun '03 · S$213,000 median · 2,162 resalesJul '03 · S$220,000 median · 2,273 resalesAug '03 · S$217,000 median · 2,195 resalesSep '03 · S$220,000 median · 2,423 resalesOct '03 · S$220,000 median · 2,849 resalesNov '03 · S$220,000 median · 2,801 resalesDec '03 · S$220,000 median · 3,035 resalesJan '04 · S$220,000 median · 2,659 resalesFeb '04 · S$220,000 median · 2,757 resalesMar '04 · S$225,000 median · 2,775 resalesS$225,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,077 S$236,888S$224 100—
3 ROOM994 S$170,000S$232 67—
5 ROOM525 S$310,000S$236 121—
EXECUTIVE153 S$393,000S$249 146—
2 ROOM24 S$111,000S$223 46—
1 ROOM1 S$55,000S$165 31—
MULTI-GENERATION1 S$475,000S$267 165—

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
BUKIT TIMAH7S$365,000 —S$288,000 S$365,000S$490,000
PASIR RIS87S$300,000 —S$255,000 S$309,000S$417,500
BISHAN59S$270,500 S$181,500S$273,000 S$392,000S$520,000
SENGKANG70S$265,500 —S$245,000 S$321,000S$368,000
TAMPINES180S$259,500 S$200,000S$260,000 S$325,000S$414,500
SEMBAWANG46S$256,500 —S$226,000 S$282,500S$420,000
CENTRAL AREA16S$252,500 S$232,500S$326,500 ——
CHOA CHU KANG149S$248,000 S$132,750S$230,000 S$312,500S$358,000
WOODLANDS339S$242,000 S$155,000S$225,000 S$280,500S$400,000
HOUGANG156S$234,000 S$169,444S$235,000 S$315,000S$400,000
MARINE PARADE21S$220,000 S$201,500S$275,000 S$464,500—
SERANGOON63S$218,000 S$170,000S$226,944 S$305,000S$393,000
JURONG WEST212S$217,750 S$147,000S$235,000 S$286,500S$342,000
BUKIT MERAH95S$214,000 S$178,000S$276,000 S$372,944—
BUKIT PANJANG86S$211,000 S$160,000S$195,000 S$289,000S$340,000
JURONG EAST98S$207,500 S$160,000S$241,194 S$313,000S$385,000
BEDOK205S$202,000 S$170,000S$229,000 S$320,000S$384,000
CLEMENTI96S$196,500 S$180,000S$254,500 S$356,750S$432,250
ANG MO KIO140S$195,000 S$171,500S$250,000 S$356,800S$485,000
BUKIT BATOK121S$195,000 S$160,000S$234,750 S$305,000S$405,000
TOA PAYOH87S$195,000 S$180,000S$235,000 S$401,000S$465,000
YISHUN176S$184,750 S$165,500S$197,500 S$272,000S$342,000
KALLANG/WHAMPOA92S$183,000 S$170,000S$253,000 S$400,000S$370,000
GEYLANG81S$176,000 S$165,000S$242,500 S$362,500S$395,000
QUEENSTOWN93S$175,000 S$169,500S$308,000 S$435,000S$650,000

Top transactions

BlockTypeLevelArea m² Price
Blk 148 MEI LING ST EXECUTIVE19 TO 21 149S$650,000
Blk 63 JLN MA'MOR 3 ROOM01 TO 03 199S$563,000
Blk 222 BISHAN ST 23 EXECUTIVE13 TO 15 154S$520,000
Blk 146 MEI LING ST 5 ROOM22 TO 24 135S$518,000
Blk 614 ANG MO KIO AVE 4 EXECUTIVE07 TO 09 156S$502,000
Blk 2 TOH YI DR EXECUTIVE10 TO 12 146S$500,000
Blk 78 MARINE DR 5 ROOM16 TO 18 120S$492,000
Blk 29 CHAI CHEE AVE EXECUTIVE13 TO 15 143S$490,000
Blk 7 TOH YI DR EXECUTIVE10 TO 12 142S$490,000
Blk 613 ANG MO KIO AVE 4 EXECUTIVE13 TO 15 156S$485,000