HDB Resale Report — August 2008

← July 2008 · all reports · September 2008 →

2,197 flats changed hands in August 2008 (-10.6% vs July 2008 · -12.9% vs August 2007). The median price across all flat types was S$310,000. The month's top sale: a 5 ROOM at Blk 73 MARINE DR for S$707,800.

At a glance

Flats resold

2,197

-10.6% vs July 2008 · -12.9% vs August 2007

Median price, all flat types

S$310,000

-1.0% vs July 2008 · +20.6% vs August 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$250,000S$285,000S$320,000Aug '07Feb '08Aug '08Aug '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 resalesJun '08 · S$303,000 median · 2,270 resalesJul '08 · S$313,000 median · 2,458 resalesAug '08 · S$310,000 median · 2,197 resalesS$310,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM764 S$305,000S$293 98
3 ROOM647 S$226,500S$312 67
5 ROOM576 S$370,000S$299 120
EXECUTIVE186 S$445,000S$292 146
2 ROOM23 S$160,000S$341 45
MULTI-GENERATION1 S$469,000S$266 164

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$630,000 S$438,800 S$615,000S$633,000
BISHAN43S$392,000 S$266,500S$382,000 S$545,000S$590,000
PUNGGOL64S$375,000 S$320,000 S$380,000S$445,000
PASIR RIS67S$356,000 S$310,500 S$369,000S$469,000
BUKIT MERAH88S$346,500 S$262,000S$425,000 S$589,000
SERANGOON39S$345,888 S$238,000S$290,500 S$390,000S$511,500
SEMBAWANG58S$344,000 S$302,500 S$355,500S$408,500
SENGKANG112S$342,000 S$320,000 S$370,500S$440,000
MARINE PARADE15S$340,000 S$295,000S$383,000 S$680,000
TAMPINES158S$337,500 S$245,000S$316,000 S$388,000S$490,000
CENTRAL AREA19S$328,000 S$325,000S$373,000
JURONG WEST147S$322,000 S$188,000S$282,500 S$355,000S$402,500
CHOA CHU KANG96S$320,444 S$203,000S$291,150 S$349,000S$404,500
BUKIT PANJANG80S$312,500 S$195,000S$273,000 S$345,000S$451,500
HOUGANG132S$303,000 S$218,000S$293,000 S$380,000S$446,000
WOODLANDS193S$295,000 S$190,000S$278,000 S$329,750S$404,000
JURONG EAST59S$285,000 S$210,000S$292,000 S$380,000S$497,500
CLEMENTI64S$283,000 S$252,750S$330,000 S$499,400S$650,000
KALLANG/WHAMPOA64S$282,500 S$231,600S$375,000 S$495,000
QUEENSTOWN70S$282,500 S$260,000S$455,000 S$614,000
BUKIT BATOK100S$280,000 S$217,500S$356,000 S$443,000S$450,000
TOA PAYOH70S$272,400 S$245,000S$420,000 S$548,000S$430,000
BEDOK137S$254,500 S$218,000S$300,000 S$427,500S$463,500
ANG MO KIO133S$253,000 S$235,000S$330,000 S$489,000S$570,000
YISHUN133S$240,000 S$198,000S$248,000 S$337,500S$385,500
GEYLANG51S$236,000 S$195,000S$357,500 S$610,000S$490,000

Top transactions

BlockTypeLevelArea m² Price
Blk 73 MARINE DR 5 ROOM22 TO 24 120S$707,800
Blk 184 STIRLING RD 5 ROOM19 TO 21 115S$689,800
Blk 119C KIM TIAN RD 5 ROOM25 TO 27 110S$680,000
Blk 813 JELLICOE RD
★ Record price for a 5 ROOM in Kallang/Whampoa
5 ROOM19 TO 21 110S$680,000
Blk 14 MARINE TER 5 ROOM22 TO 24 120S$680,000
Blk 7A C'WEALTH AVE 5 ROOM07 TO 09 138S$677,500
Blk 119C KIM TIAN RD 5 ROOM25 TO 27 110S$670,000
Blk 2 TOH YI DR EXECUTIVE10 TO 12 146S$670,000
Blk 116 CLEMENTI ST 13 EXECUTIVE10 TO 12 149S$665,000
Blk 111 CLEMENTI ST 13 EXECUTIVE10 TO 12 146S$663,888