HDB Resale Report — May 2008

← April 2008 · all reports · June 2008 →

2,178 flats changed hands in May 2008 (-7.0% vs April 2008 · +0.6% vs May 2007). The median price across all flat types was S$298,000. The month's top sale: an EXECUTIVE at Blk 148 MEI LING ST for S$832,000.

At a glance

Flats resold

2,178

-7.0% vs April 2008 · +0.6% vs May 2007

Median price, all flat types

S$298,000

+2.1% vs April 2008 · +24.2% vs May 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$240,000S$270,000S$300,000May '07Nov '07May '08May '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 resalesApr '08 · S$292,000 median · 2,341 resalesMay '08 · S$298,000 median · 2,178 resalesS$298,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM812 S$294,000S$283 95
3 ROOM630 S$217,000S$299 67
5 ROOM539 S$365,000S$287 120
EXECUTIVE172 S$441,000S$287 146
2 ROOM22 S$158,500S$324 46
MULTI-GENERATION2 S$455,000S$269 156
1 ROOM1 S$105,000S$315 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 TIMAH12S$423,500 S$265,000S$411,000 S$529,000S$706,500
BISHAN51S$420,000 S$248,000S$378,500 S$482,500S$604,000
MARINE PARADE28S$386,500 S$313,000S$388,000 S$579,000
PASIR RIS64S$370,000 S$155,000S$312,000 S$371,000S$452,000
PUNGGOL46S$361,250 S$315,000 S$390,000S$450,000
SENGKANG104S$340,000 S$305,000 S$363,000S$467,000
JURONG EAST48S$339,500 S$210,000S$280,000 S$358,250S$522,500
SERANGOON51S$330,000 S$215,000S$315,000 S$415,000S$448,000
CENTRAL AREA18S$323,500 S$315,500S$432,500
TAMPINES143S$318,000 S$241,000S$310,000 S$376,000S$464,000
SEMBAWANG62S$311,000 S$273,000 S$340,000S$416,500
BUKIT PANJANG70S$303,000 S$190,500S$277,500 S$365,000S$375,000
CHOA CHU KANG104S$300,500 S$185,500S$272,250 S$330,000S$397,500
KALLANG/WHAMPOA63S$300,000 S$225,000S$341,000 S$525,000S$518,000
TOA PAYOH86S$292,500 S$241,500S$385,000 S$530,000S$604,000
BUKIT MERAH84S$289,000 S$250,000S$408,000 S$550,000
HOUGANG121S$281,000 S$208,000S$279,000 S$370,000S$445,000
JURONG WEST178S$280,000 S$179,500S$263,500 S$338,000S$375,000
WOODLANDS210S$279,500 S$182,500S$262,000 S$313,500S$409,500
ANG MO KIO94S$275,000 S$226,100S$308,500 S$431,500S$608,000
CLEMENTI49S$275,000 S$220,000S$332,500 S$558,000S$585,000
BUKIT BATOK93S$268,000 S$201,500S$313,000 S$450,000S$465,000
QUEENSTOWN84S$264,400 S$246,000S$453,500 S$635,000S$832,000
BEDOK128S$239,500 S$210,000S$290,000 S$402,500S$486,000
GEYLANG50S$222,000 S$188,800S$312,500 S$426,500S$520,000
YISHUN137S$222,000 S$197,000S$226,500 S$317,500S$359,000

Top transactions

BlockTypeLevelArea m² Price
Blk 148 MEI LING ST EXECUTIVE19 TO 21 149S$832,000
Blk 7 TOH YI DR EXECUTIVE07 TO 09 142S$725,000
Blk 101A LOR 2 TOA PAYOH EXECUTIVE04 TO 06 147S$710,000
Blk 118B JLN MEMBINA 5 ROOM28 TO 30 110S$700,999
Blk 5 FARRER RD 5 ROOM13 TO 15 123S$700,000
Blk 79 MARINE DR 5 ROOM16 TO 18 120S$700,000
Blk 80 STRATHMORE AVE 5 ROOM01 TO 03 134S$700,000
Blk 2 TOH YI DR EXECUTIVE10 TO 12 154S$688,000
Blk 219 BISHAN ST 23 EXECUTIVE07 TO 09 146S$683,000
Blk 224 BISHAN ST 23 EXECUTIVE19 TO 21 141S$675,000