HDB Resale Report — March 2008

← February 2008 · all reports · April 2008 →

2,145 flats changed hands in March 2008 (+5.8% vs February 2008 · -9.3% vs March 2007). The median price across all flat types was S$288,888. The month's top sale: an EXECUTIVE at Blk 150 MEI LING ST for S$890,000.

At a glance

Flats resold

2,145

+5.8% vs February 2008 · -9.3% vs March 2007

Median price, all flat types

S$288,888

+4.0% vs February 2008 · +20.9% vs March 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$290,000Mar '07Sep '07Mar '08Mar '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 resalesFeb '08 · S$277,750 median · 2,028 resalesMar '08 · S$288,888 median · 2,145 resalesS$288,888

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM800 S$282,000S$271 95
3 ROOM611 S$204,300S$281 67
5 ROOM558 S$350,000S$280 120
EXECUTIVE153 S$428,000S$274 146
2 ROOM18 S$155,000S$321 45
MULTI-GENERATION3 S$410,000S$280 147
1 ROOM2 S$117,500S$352 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
BUKIT TIMAH5S$520,000 S$295,000S$438,000 S$520,000S$668,500
BISHAN47S$418,000 S$228,000S$355,000 S$482,500S$557,500
MARINE PARADE17S$368,000 S$280,000S$385,000 S$648,000
BUKIT MERAH79S$362,000 S$229,500S$433,900 S$560,000
PUNGGOL51S$347,000 S$301,000 S$358,000S$441,500
KALLANG/WHAMPOA58S$342,500 S$222,500S$350,000 S$478,400S$482,000
PASIR RIS72S$334,000 S$282,000 S$340,000S$455,500
SENGKANG99S$325,000 S$295,000 S$340,000S$415,000
TAMPINES132S$313,944 S$226,000S$307,000 S$380,000S$472,000
QUEENSTOWN96S$305,000 S$248,000S$462,800 S$640,000S$777,500
SEMBAWANG50S$297,500 S$269,500 S$313,000S$382,000
CENTRAL AREA21S$295,000 S$297,500S$407,500 S$560,000
HOUGANG131S$293,000 S$191,000S$275,000 S$365,000S$441,500
CHOA CHU KANG94S$291,000 S$179,500S$270,000 S$325,000S$398,000
SERANGOON52S$286,500 S$197,150S$290,000 S$361,500S$418,000
WOODLANDS194S$272,000 S$175,000S$251,500 S$315,000S$385,000
CLEMENTI51S$270,000 S$222,000S$362,500 S$480,000S$562,000
JURONG WEST161S$268,000 S$175,500S$260,000 S$331,000S$359,000
JURONG EAST71S$266,000 S$198,000S$286,000 S$381,000S$420,000
BUKIT PANJANG84S$263,900 S$185,000S$250,000 S$332,500S$375,000
BUKIT BATOK109S$260,000 S$195,500S$318,000 S$420,000S$484,000
TOA PAYOH80S$258,500 S$219,500S$340,000 S$525,000S$567,500
BEDOK115S$233,000 S$201,000S$261,888 S$431,000S$504,000
ANG MO KIO107S$225,000 S$212,500S$310,000 S$443,000
YISHUN117S$209,000 S$185,000S$216,000 S$318,000S$408,944
GEYLANG52S$206,500 S$192,000S$322,000 S$297,000S$430,000

Top transactions

BlockTypeLevelArea m² Price
Blk 150 MEI LING ST
★ Record price for an EXECUTIVE in Queenstown
EXECUTIVE19 TO 21 150S$890,000
Blk 149 MEI LING ST EXECUTIVE16 TO 18 142S$785,000
Blk 150 MEI LING ST EXECUTIVE04 TO 06 147S$770,000
Blk 117 BISHAN ST 12 EXECUTIVE22 TO 24 163S$728,000
Blk 146 MEI LING ST 5 ROOM07 TO 09 132S$710,000
Blk 99A LOR 2 TOA PAYOH EXECUTIVE13 TO 15 142S$705,000
Blk 2 MARINE TER 5 ROOM19 TO 21 120S$703,880
Blk 6 TOH YI DR EXECUTIVE13 TO 15 150S$702,000
Blk 87 REDHILL CL 5 ROOM13 TO 15 137S$701,000
Blk 23 JLN MEMBINA 5 ROOM28 TO 30 110S$700,000