PropHerald

HDB Resale Report — January 2009

← December 2008 · all reports · February 2009 →

2,006 flats changed hands in January 2009 (-2.1% vs December 2008 · -12.2% vs January 2008). The median price across all flat types was S$315,000. The month's top sale: an EXECUTIVE at Blk 236A SERANGOON AVE 2 for S$690,000.

At a glance

Flats resold

2,006

-2.1% vs December 2008 · -12.2% vs January 2008

Median price, all flat types

S$315,000

-2.2% vs December 2008 · +10.5% vs January 2008

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$330,000Jan '08Jul '08Jan '09Jan '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 resalesJan '09 · S$315,000 median · 2,006 resalesS$315,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM770 S$312,000S$299 95—
3 ROOM581 S$237,000S$324 67—
5 ROOM508 S$378,000S$304 119—
EXECUTIVE126 S$460,000S$299 145—
2 ROOM18 S$180,000S$368 44—
1 ROOM3 S$150,000S$450 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 TIMAH4S$462,500 —S$460,000 —S$665,000
BISHAN33S$395,000 S$283,000S$390,000 S$530,000S$565,000
PUNGGOL59S$386,000 —S$336,000 S$392,000S$462,000
MARINE PARADE9S$375,000 S$333,000S$395,000 ——
SENGKANG107S$360,000 —S$325,000 S$383,250S$460,000
CENTRAL AREA11S$358,500 S$330,000S$422,000 ——
SERANGOON39S$353,000 S$233,000S$328,000 S$397,000S$483,000
PASIR RIS78S$336,919 S$175,000S$323,000 S$380,000S$480,000
TAMPINES139S$336,000 S$260,000S$325,000 S$383,000S$495,500
SEMBAWANG56S$333,750 —S$303,000 S$362,000S$405,000
CHOA CHU KANG116S$321,000 S$205,000S$306,000 S$360,000S$421,500
TOA PAYOH64S$319,000 S$260,000S$412,000 S$522,500S$520,000
JURONG WEST165S$317,000 S$205,000S$286,500 S$370,000S$421,000
HOUGANG108S$315,000 S$230,500S$310,000 S$384,444S$476,000
BUKIT PANJANG69S$308,000 S$212,888S$285,000 S$360,000S$466,500
KALLANG/WHAMPOA61S$305,500 S$248,000S$387,000 S$525,000S$503,000
CLEMENTI55S$304,000 S$242,500S$394,494 S$481,500S$580,000
WOODLANDS180S$300,500 S$197,500S$284,500 S$341,750S$419,000
BUKIT MERAH54S$300,000 S$267,000S$387,500 S$530,000—
QUEENSTOWN48S$291,000 S$278,000S$428,500 S$626,500—
BEDOK113S$281,000 S$237,000S$308,000 S$435,000S$505,000
JURONG EAST44S$270,000 S$235,000S$325,000 S$433,500S$532,500
ANG MO KIO96S$261,000 S$247,250S$339,500 S$490,000S$550,000
BUKIT BATOK88S$259,500 S$231,500S$339,000 S$436,500S$522,500
YISHUN151S$255,000 S$215,000S$261,000 S$360,000S$371,500
GEYLANG59S$252,000 S$216,800S$317,500 S$449,444—

Top transactions

BlockTypeLevelArea m² Price
Blk 236A SERANGOON AVE 2
★ Record price for an EXECUTIVE in Serangoon
 EXECUTIVE16 TO 18 140S$690,000
Blk 9 HOLLAND AVE 5 ROOM13 TO 15 130S$678,000
Blk 816 JELLICOE RD 5 ROOM19 TO 21 110S$675,000
Blk 6 TOH YI DR EXECUTIVE10 TO 12 150S$665,000
Blk 448 BRIGHT HILL DR EXECUTIVE10 TO 12 187S$636,000
Blk 152 LOR 2 TOA PAYOH 5 ROOM31 TO 33 110S$630,000
Blk 10D BEDOK STH AVE 2 EXECUTIVE16 TO 18 143S$615,000
Blk 118C JLN MEMBINA 5 ROOM22 TO 24 110S$610,000
Blk 117 BISHAN ST 12 5 ROOM16 TO 18 121S$608,000
Blk 816 JELLICOE RD 5 ROOM04 TO 06 110S$605,000