HDB Resale Report — March 2007

← February 2007 · all reports · April 2007 →

2,364 flats changed hands in March 2007 (+22.3% vs February 2007 · -4.0% vs March 2006). The median price across all flat types was S$239,000. The month's top sale: an EXECUTIVE at Blk 149 MEI LING ST for S$585,000.

At a glance

Flats resold

2,364

+22.3% vs February 2007 · -4.0% vs March 2006

Median price, all flat types

S$239,000

+1.7% vs February 2007 · +5.3% vs March 2006

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$230,000S$240,000Mar '06Sep '06Mar '07Mar '06 · S$227,000 median · 2,463 resalesApr '06 · S$231,000 median · 2,093 resalesMay '06 · S$228,000 median · 2,406 resalesJun '06 · S$227,000 median · 2,546 resalesJul '06 · S$226,650 median · 2,400 resalesAug '06 · S$228,650 median · 2,452 resalesSep '06 · S$228,000 median · 2,418 resalesOct '06 · S$227,000 median · 2,190 resalesNov '06 · S$226,650 median · 2,284 resalesDec '06 · S$228,000 median · 1,953 resalesJan '07 · S$236,000 median · 2,289 resalesFeb '07 · S$235,000 median · 1,933 resalesMar '07 · S$239,000 median · 2,364 resalesS$239,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM900 S$236,000S$227 97
3 ROOM690 S$166,000S$229 67
5 ROOM548 S$298,000S$239 121
EXECUTIVE200 S$354,000S$229 146
2 ROOM22 S$124,000S$257 45
MULTI-GENERATION3 S$365,000S$215 164
1 ROOM1 S$94,000S$282 31

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
BISHAN57S$340,000 S$150,000S$289,000 S$370,000S$430,000
BUKIT TIMAH7S$335,000 S$228,000S$335,000 S$395,900S$448,000
MARINE PARADE26S$319,000 S$233,750S$305,000 S$470,000
PUNGGOL56S$291,000 S$251,000 S$305,000S$381,000
PASIR RIS78S$288,500 S$238,000 S$288,500S$347,500
BUKIT MERAH101S$283,000 S$181,000S$376,680 S$480,000
SENGKANG103S$279,000 S$245,000 S$297,000S$358,000
BUKIT PANJANG73S$275,000 S$153,000S$220,000 S$291,500S$347,000
TAMPINES184S$268,000 S$185,000S$250,000 S$294,500S$375,000
SEMBAWANG65S$255,000 S$228,000 S$283,000S$345,000
KALLANG/WHAMPOA73S$247,000 S$168,000S$278,000 S$360,000S$443,000
CHOA CHU KANG128S$245,000 S$145,000S$230,000 S$283,000S$336,500
HOUGANG125S$233,000 S$157,000S$231,500 S$298,000S$354,000
WOODLANDS185S$230,000 S$150,500S$218,000 S$276,000S$340,000
SERANGOON41S$230,000 S$158,000S$230,000 S$287,500S$350,000
JURONG WEST207S$223,000 S$155,000S$223,000 S$289,000S$330,000
JURONG EAST63S$218,000 S$164,750S$232,000 S$286,000S$431,000
CENTRAL AREA13S$210,000 S$209,000S$355,500
TOA PAYOH74S$204,500 S$186,500S$343,000 S$430,000
BEDOK154S$198,500 S$170,000S$214,000 S$323,000S$399,000
ANG MO KIO90S$196,000 S$172,000S$265,000 S$360,000
GEYLANG66S$190,000 S$166,500S$215,000 S$353,000S$379,000
BUKIT BATOK113S$190,000 S$156,500S$230,000 S$318,000S$352,000
YISHUN120S$185,000 S$155,500S$200,000 S$260,000S$332,500
CLEMENTI79S$184,000 S$169,500S$282,500 S$345,000S$396,500
QUEENSTOWN83S$175,000 S$169,500S$340,500 S$502,000S$510,000

Top transactions

BlockTypeLevelArea m² Price
Blk 149 MEI LING ST EXECUTIVE07 TO 09 153S$585,000
Blk 168 BISHAN ST 13 EXECUTIVE19 TO 21 163S$560,000
Blk 20 JLN MEMBINA 5 ROOM25 TO 27 110S$550,000
Blk 23 JLN MEMBINA 5 ROOM13 TO 15 110S$545,000
Blk 2C BOON TIONG RD 5 ROOM28 TO 30 115S$540,000
Blk 20 JLN MEMBINA 5 ROOM16 TO 18 110S$535,000
Blk 131 CLARENCE LANE 5 ROOM07 TO 09 121S$530,000
Blk 2 MARINE TER 5 ROOM19 TO 21 122S$525,000
Blk 121A KIM TIAN PL 5 ROOM13 TO 15 115S$520,000
Blk 63A LENGKOK BAHRU 5 ROOM16 TO 18 121S$519,888