HDB Resale Report — September 2008

← August 2008 · all reports · October 2008 →

2,492 flats changed hands in September 2008 (+13.4% vs August 2008 · +5.5% vs September 2007). The median price across all flat types was S$320,000. The month's top sale: a 5 ROOM at Blk 14 MARINE TER for S$700,000.

At a glance

Flats resold

2,492

+13.4% vs August 2008 · +5.5% vs September 2007

Median price, all flat types

S$320,000

+3.2% vs August 2008 · +23.0% vs September 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$260,000S$290,000S$320,000Sep '07Mar '08Sep '08Sep '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 resalesSep '08 · S$320,000 median · 2,492 resalesS$320,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM909 S$312,000S$301 95
3 ROOM690 S$230,000S$316 67
5 ROOM684 S$380,000S$304 119
EXECUTIVE190 S$456,500S$295 146
2 ROOM17 S$165,000S$341 45
1 ROOM1 S$146,000S$438 31
MULTI-GENERATION1 S$452,000S$278 151

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 TIMAH11S$455,000 S$290,000S$425,000 S$625,000
BISHAN61S$388,000 S$277,000S$385,000 S$532,500S$562,500
PUNGGOL80S$386,000 S$324,500 S$395,000S$444,500
MARINE PARADE26S$380,500 S$311,000S$391,500 S$635,000
BUKIT MERAH93S$367,000 S$266,500S$456,900 S$610,000
PASIR RIS73S$360,000 S$316,500 S$362,500S$512,000
SERANGOON46S$358,500 S$223,000S$326,000 S$420,000S$531,500
SENGKANG148S$356,000 S$318,000 S$374,500S$462,000
SEMBAWANG60S$345,000 S$295,000 S$356,000S$393,000
TAMPINES195S$342,000 S$250,000S$324,000 S$395,000S$482,500
JURONG EAST63S$330,000 S$220,000S$325,000 S$422,500S$420,000
KALLANG/WHAMPOA71S$322,000 S$235,000S$348,000 S$520,000S$516,000
BUKIT PANJANG95S$320,000 S$201,000S$286,000 S$371,000S$427,500
CENTRAL AREA21S$320,000 S$310,000S$398,000 S$570,000
CHOA CHU KANG122S$319,000 S$296,000 S$355,000S$406,500
HOUGANG112S$316,250 S$215,000S$301,000 S$380,000S$466,500
JURONG WEST177S$316,000 S$192,500S$294,000 S$360,000S$395,000
CLEMENTI70S$311,500 S$248,000S$340,000 S$480,000S$630,000
WOODLANDS228S$300,000 S$193,800S$283,000 S$335,000S$405,000
BUKIT BATOK114S$295,500 S$217,000S$315,000 S$441,500S$430,000
QUEENSTOWN73S$280,800 S$270,000S$494,000 S$600,000
ANG MO KIO144S$275,500 S$238,500S$325,500 S$468,000S$580,000
TOA PAYOH95S$273,000 S$258,000S$439,750 S$589,000S$617,500
BEDOK139S$260,000 S$221,000S$295,500 S$435,000S$453,000
GEYLANG46S$243,500 S$200,000S$370,000 S$555,500S$482,500
YISHUN129S$235,000 S$202,000S$249,000 S$346,500S$446,500

Top transactions

BlockTypeLevelArea m² Price
Blk 14 MARINE TER 5 ROOM22 TO 24 121S$700,000
Blk 99A LOR 2 TOA PAYOH EXECUTIVE13 TO 15 143S$695,000
Blk 2 MARINE TER 5 ROOM10 TO 12 120S$688,000
Blk 642 CHOA CHU KANG ST 64 EXECUTIVE13 TO 15 182S$676,500
Blk 5 FARRER RD 5 ROOM13 TO 15 123S$666,000
Blk 29 MARINE CRES 5 ROOM16 TO 18 122S$665,000
Blk 144 LOR 2 TOA PAYOH 5 ROOM28 TO 30 110S$660,000
Blk 119C KIM TIAN RD 5 ROOM25 TO 27 110S$658,000
Blk 111 CLEMENTI ST 13 EXECUTIVE07 TO 09 147S$655,000
Blk 236A SERANGOON AVE 2 EXECUTIVE16 TO 18 141S$653,000