HDB Resale Report — January 2008

← December 2007 · all reports · February 2008 →

2,285 flats changed hands in January 2008 (+18.4% vs December 2007 · -0.2% vs January 2007). The median price across all flat types was S$285,000. The month's top sale: a 5 ROOM at Blk 2 MARINE TER for S$750,888.

At a glance

Flats resold

2,285

+18.4% vs December 2007 · -0.2% vs January 2007

Median price, all flat types

S$285,000

+5.6% vs December 2007 · +20.8% vs January 2007

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$260,000S$290,000Jan '07Jul '07Jan '08Jan '07 · S$236,000 median · 2,289 resalesFeb '07 · S$235,000 median · 1,933 resalesMar '07 · S$239,000 median · 2,364 resalesApr '07 · S$235,000 median · 2,066 resalesMay '07 · S$240,000 median · 2,164 resalesJun '07 · S$248,000 median · 2,224 resalesJul '07 · S$252,000 median · 2,364 resalesAug '07 · S$257,000 median · 2,523 resalesSep '07 · S$260,100 median · 2,361 resalesOct '07 · S$266,000 median · 2,442 resalesNov '07 · S$265,000 median · 2,322 resalesDec '07 · S$270,000 median · 1,930 resalesJan '08 · S$285,000 median · 2,285 resalesS$285,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM827 S$279,000S$270 96
3 ROOM647 S$198,000S$271 67
5 ROOM588 S$345,500S$273 120
EXECUTIVE188 S$420,000S$267 146
2 ROOM28 S$145,250S$308 45
1 ROOM6 S$106,500S$319 31
MULTI-GENERATION1 S$520,000S$270 179

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 TIMAH5S$400,000 S$245,000S$400,000 S$490,000
BUKIT MERAH104S$380,500 S$227,000S$435,000 S$590,000
BISHAN57S$363,000 S$244,000S$351,000 S$494,000S$585,000
MARINE PARADE31S$355,000 S$297,000S$355,000 S$595,000
PASIR RIS75S$345,000 S$275,000 S$338,000S$470,000
PUNGGOL49S$343,000 S$294,000 S$358,000
KALLANG/WHAMPOA63S$335,000 S$217,000S$365,000 S$466,500
SENGKANG88S$318,000 S$280,000 S$336,500S$421,250
TAMPINES158S$306,900 S$220,000S$299,000 S$350,000S$440,000
BUKIT BATOK117S$305,000 S$180,000S$320,000 S$426,500S$400,000
CENTRAL AREA16S$300,000 S$284,000S$395,000 S$615,000
JURONG EAST59S$299,000 S$190,000S$275,000 S$370,000S$525,000
SEMBAWANG69S$297,000 S$256,000 S$307,500S$365,000
SERANGOON70S$284,500 S$185,000S$286,000 S$355,000S$496,000
QUEENSTOWN87S$283,000 S$230,000S$426,500 S$597,500
CHOA CHU KANG107S$282,000 S$178,000S$257,500 S$315,000S$380,000
HOUGANG126S$279,000 S$190,000S$266,400 S$340,000S$445,000
CLEMENTI58S$275,000 S$220,000S$350,000 S$491,000S$600,000
BUKIT PANJANG70S$269,250 S$171,500S$240,000 S$319,000S$390,000
WOODLANDS197S$266,000 S$160,750S$248,500 S$305,000S$362,500
TOA PAYOH84S$250,000 S$214,750S$378,000 S$538,000S$565,000
ANG MO KIO105S$245,000 S$204,000S$295,000 S$444,040S$508,000
JURONG WEST159S$245,000 S$170,000S$235,250 S$324,000S$360,000
BEDOK118S$232,500 S$199,000S$283,000 S$396,250S$455,000
GEYLANG64S$217,000 S$183,500S$315,000 S$451,500S$410,050
YISHUN149S$205,000 S$178,000S$223,000 S$301,750S$332,500

Top transactions

BlockTypeLevelArea m² Price
Blk 2 MARINE TER
★ Record price for a 5 ROOM in Marine Parade
5 ROOM22 TO 24 120S$750,888
Blk 13 DOVER CL EAST
★ Record price for a 5 ROOM in Queenstown
5 ROOM25 TO 27 119S$733,000
Blk 1 MARINE TER 5 ROOM25 TO 27 122S$700,000
Blk 59 STRATHMORE AVE 5 ROOM28 TO 30 110S$680,000
Blk 99B LOR 2 TOA PAYOH EXECUTIVE10 TO 12 145S$680,000
Blk 23 JLN MEMBINA 5 ROOM19 TO 21 110S$673,000
Blk 135 BISHAN ST 12 EXECUTIVE22 TO 24 163S$660,000
Blk 119C KIM TIAN RD 5 ROOM28 TO 30 110S$655,000
Blk 79 MARINE DR 5 ROOM19 TO 21 120S$650,000
Blk 161 MEI LING ST 5 ROOM16 TO 18 144S$650,000