HDB Resale Report — October 2008

← September 2008 · all reports · November 2008 →

2,395 flats changed hands in October 2008 (-3.9% vs September 2008 · -1.9% vs October 2007). The median price across all flat types was S$320,000. The month's top sale: an EXECUTIVE at Blk 148 MEI LING ST for S$780,888.

At a glance

Flats resold

2,395

-3.9% vs September 2008 · -1.9% vs October 2007

Median price, all flat types

S$320,000

+0.0% vs September 2008 · +20.3% vs October 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$320,000Oct '07Apr '08Oct '08Oct '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 resalesOct '08 · S$320,000 median · 2,395 resalesS$320,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM896 S$314,250S$302 97
3 ROOM667 S$234,000S$319 67
5 ROOM633 S$380,000S$306 119
EXECUTIVE181 S$458,000S$302 144
2 ROOM17 S$180,000S$356 47
MULTI-GENERATION1 S$415,000S$255 151

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
BISHAN41S$428,000 S$298,000S$400,000 S$544,000S$645,000
BUKIT TIMAH7S$420,000 S$304,000S$420,000 S$683,500
MARINE PARADE19S$395,000 S$313,750S$397,500 S$607,000
PUNGGOL72S$387,944 S$323,000 S$395,000S$457,000
PASIR RIS66S$375,400 S$319,000 S$375,400S$485,000
BUKIT MERAH85S$366,000 S$278,500S$420,000 S$590,900
SENGKANG138S$360,000 S$315,000 S$375,000S$458,000
TAMPINES158S$348,500 S$252,000S$336,800 S$386,500S$475,000
SEMBAWANG70S$339,150 S$299,750 S$347,500S$434,000
SERANGOON58S$335,000 S$230,000S$325,000 S$396,000S$472,500
CHOA CHU KANG111S$328,000 S$205,000S$302,000 S$363,000S$430,000
BUKIT BATOK113S$327,000 S$226,500S$341,000 S$453,000S$506,500
HOUGANG113S$320,800 S$229,000S$303,500 S$380,000S$462,000
CENTRAL AREA19S$315,000 S$308,000S$352,000
JURONG WEST185S$314,000 S$198,000S$300,000 S$369,500S$395,000
JURONG EAST65S$312,000 S$231,000S$300,500 S$406,000S$560,000
BUKIT PANJANG81S$310,000 S$207,000S$292,500 S$351,000S$486,000
WOODLANDS214S$301,500 S$199,000S$283,000 S$337,000S$423,800
BEDOK147S$295,000 S$222,000S$320,000 S$428,000S$500,000
QUEENSTOWN71S$295,000 S$275,000S$472,000 S$637,500S$780,888
TOA PAYOH91S$280,000 S$249,500S$350,000 S$549,750S$621,400
KALLANG/WHAMPOA81S$280,000 S$248,000S$440,000 S$538,500
CLEMENTI60S$268,000 S$245,000S$408,000 S$540,000
ANG MO KIO127S$255,000 S$235,500S$335,000 S$464,000
GEYLANG63S$247,000 S$210,000S$346,500 S$535,000S$515,690
YISHUN140S$246,500 S$205,000S$255,000 S$331,000S$405,000

Top transactions

BlockTypeLevelArea m² Price
Blk 148 MEI LING ST EXECUTIVE10 TO 12 145S$780,888
Blk 30 HOLLAND CL
★ Record price for a 5 ROOM in Queenstown
5 ROOM22 TO 24 125S$765,000
Blk 99B LOR 2 TOA PAYOH EXECUTIVE13 TO 15 144S$712,800
Blk 2 TOH YI DR EXECUTIVE13 TO 15 150S$702,000
Blk 22 JLN MEMBINA 5 ROOM19 TO 21 110S$682,000
Blk 87 REDHILL CL 5 ROOM07 TO 09 137S$670,000
Blk 118B JLN MEMBINA 5 ROOM28 TO 30 110S$666,000
Blk 6 TOH YI DR EXECUTIVE10 TO 12 150S$665,000
Blk 585 PASIR RIS ST 53 EXECUTIVE07 TO 09 152S$665,000
Blk 74A REDHILL RD 5 ROOM28 TO 30 115S$660,000