HDB Resale Report — December 2008

← November 2008 · all reports · January 2009 →

2,049 flats changed hands in December 2008 (-15.5% vs November 2008 · +6.2% vs December 2007). The median price across all flat types was S$322,000. The month's top sale: a 5 ROOM at Blk 131B KIM TIAN RD for S$700,000.

At a glance

Flats resold

2,049

-15.5% vs November 2008 · +6.2% vs December 2007

Median price, all flat types

S$322,000

-0.9% vs November 2008 · +19.3% vs December 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$270,000S$300,000S$330,000Dec '07Jun '08Dec '08Dec '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 resalesNov '08 · S$325,000 median · 2,424 resalesDec '08 · S$322,000 median · 2,049 resalesS$322,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM761 S$318,000S$304 98
3 ROOM571 S$238,000S$324 67
5 ROOM537 S$380,000S$304 120
EXECUTIVE157 S$463,000S$302 146
2 ROOM19 S$190,000S$386 45
MULTI-GENERATION3 S$505,000S$286 164
1 ROOM1 S$146,000S$438 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
BISHAN39S$432,000 S$303,500S$423,000 S$510,000S$620,000
BUKIT TIMAH4S$430,000 S$292,000S$430,000 S$490,000
PASIR RIS85S$400,000 S$170,000S$326,000 S$390,000S$480,000
MARINE PARADE14S$391,000 S$313,800S$424,000 S$570,000
PUNGGOL79S$390,000 S$344,000 S$395,000S$450,000
SENGKANG110S$359,000 S$330,000 S$371,500S$445,000
TAMPINES158S$348,000 S$257,000S$334,500 S$383,000S$500,888
SEMBAWANG62S$343,000 S$311,000 S$360,000S$425,000
SERANGOON38S$332,000 S$240,000S$324,500 S$368,000S$504,000
CHOA CHU KANG94S$331,000 S$203,000S$298,000 S$355,500S$432,500
CENTRAL AREA11S$320,000 S$276,000S$435,000
HOUGANG154S$320,000 S$232,450S$307,000 S$385,000S$488,000
BUKIT PANJANG59S$308,000 S$224,500S$287,000 S$368,000S$451,500
JURONG WEST163S$303,000 S$205,500S$288,000 S$365,000S$438,000
BUKIT MERAH66S$301,250 S$262,000S$469,444 S$620,000
WOODLANDS194S$301,250 S$203,000S$286,500 S$345,000S$420,000
BUKIT BATOK76S$299,500 S$226,500S$329,000 S$451,500S$440,000
KALLANG/WHAMPOA59S$290,000 S$267,000S$426,500 S$554,000
TOA PAYOH65S$288,500 S$251,000S$411,000 S$546,500S$630,000
CLEMENTI39S$288,000 S$258,000S$306,000 S$445,000
JURONG EAST46S$285,000 S$240,000S$323,000 S$451,000S$438,000
BEDOK120S$276,500 S$230,000S$312,000 S$420,000S$505,500
ANG MO KIO95S$270,000 S$248,000S$355,000 S$453,000S$582,500
GEYLANG58S$258,000 S$214,400S$348,000 S$470,000S$520,000
YISHUN112S$258,000 S$218,000S$265,000 S$348,000S$422,194
QUEENSTOWN49S$238,000 S$238,000S$457,500 S$620,000

Top transactions

BlockTypeLevelArea m² Price
Blk 131B KIM TIAN RD 5 ROOM28 TO 30 110S$700,000
Blk 101B LOR 2 TOA PAYOH EXECUTIVE07 TO 09 144S$690,000
Blk 121 KIM TIAN PL 5 ROOM28 TO 30 115S$685,000
Blk 22 JLN MEMBINA 5 ROOM10 TO 12 110S$668,000
Blk 63A LENGKOK BAHRU 5 ROOM13 TO 15 121S$659,000
Blk 22 JLN MEMBINA 5 ROOM10 TO 12 110S$636,000
Blk 127 POTONG PASIR AVE 1 EXECUTIVE01 TO 03 161S$630,000
Blk 65 JLN MA'MOR 3 ROOM01 TO 03 249S$623,333
Blk 290 BISHAN ST 24 5 ROOM16 TO 18 123S$623,000
Blk 187 BISHAN ST 13 EXECUTIVE04 TO 06 146S$620,000