HDB Resale Report — March 2015

← February 2015 · all reports · April 2015 →

1,348 flats changed hands in March 2015 (+17.1% vs February 2015 · -6.6% vs March 2014). The median price across all flat types was S$403,000, and 2 crossed S$1 million. The month's top sale: a 3 ROOM at Blk 53 JLN MA'MOR for S$1,060,000.

At a glance

Flats resold

1,348

+17.1% vs February 2015 · -6.6% vs March 2014

Median price, all flat types

S$403,000

-0.5% vs February 2015 · -6.3% vs March 2014

S$1m+ resales

2

Median resale price, last 13 months

All flat types combined — the mix of flats sold shifts month to month.

S$400,000S$415,000S$430,000Mar '14Sep '14Mar '15Mar '14 · S$430,000 median · 1,444 resalesApr '14 · S$425,000 median · 1,557 resalesMay '14 · S$420,000 median · 1,447 resalesJun '14 · S$420,000 median · 1,223 resalesJul '14 · S$414,400 median · 1,352 resalesAug '14 · S$420,000 median · 1,329 resalesSep '14 · S$410,000 median · 1,472 resalesOct '14 · S$417,000 median · 1,560 resalesNov '14 · S$408,000 median · 1,351 resalesDec '14 · S$410,000 median · 1,304 resalesJan '15 · S$415,000 median · 1,250 resalesFeb '15 · S$405,000 median · 1,151 resalesMar '15 · S$403,000 median · 1,348 resalesS$403,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM523 S$405,000S$388 9477y
3 ROOM412 S$310,000S$424 6765y
5 ROOM306 S$485,000S$377 12081y
EXECUTIVE92 S$614,500S$404 14677y
2 ROOM14 S$247,844S$508 4562y
1 ROOM1 S$210,000S$629 3159y

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
CENTRAL AREA16S$852,500 S$466,500S$855,000 S$966,344
BISHAN19S$510,000 S$390,000S$515,000 S$660,000S$880,000
TOA PAYOH36S$490,000 S$335,000S$535,000 S$650,000S$848,000
KALLANG/WHAMPOA38S$474,444 S$362,500S$600,000 S$620,000
MARINE PARADE12S$462,500 S$379,000S$505,000 S$824,000
PUNGGOL55S$460,000 S$435,000 S$465,000S$570,000
PASIR RIS49S$460,000 S$408,500 S$480,000S$585,000
SENGKANG85S$440,000 S$365,000S$419,000 S$460,000S$590,000
CHOA CHU KANG64S$421,500 S$302,000S$360,000 S$449,444S$565,000
TAMPINES106S$420,000 S$322,800S$415,000 S$522,000S$670,000
QUEENSTOWN35S$410,000 S$362,500S$675,000 S$824,000
HOUGANG61S$410,000 S$305,000S$394,000 S$485,000S$667,500
CLEMENTI30S$407,500 S$352,000S$520,000
SEMBAWANG37S$400,000 S$372,944 S$430,000S$495,000
SERANGOON37S$390,000 S$350,000S$444,000 S$492,000S$730,000
JURONG WEST97S$388,000 S$289,000S$377,500 S$446,000S$570,000
GEYLANG42S$387,500 S$285,000S$500,000 S$675,000S$700,000
BUKIT MERAH48S$387,500 S$335,000S$600,000 S$758,000
BUKIT TIMAH3S$380,000 S$370,000 S$960,000
WOODLANDS76S$380,000 S$277,500S$360,000 S$415,000S$597,500
BUKIT PANJANG41S$374,000 S$297,500S$360,000 S$475,500S$565,000
BEDOK107S$370,000 S$305,000S$410,000 S$552,500S$767,500
JURONG EAST27S$362,000 S$312,000S$422,500 S$519,000
YISHUN87S$350,000 S$296,888S$360,000 S$450,000S$620,000
ANG MO KIO70S$336,500 S$320,000S$470,000 S$649,000
BUKIT BATOK70S$304,000 S$290,000S$410,000 S$590,000S$590,000

Top transactions

BlockTypeLevelArea m² Price
Blk 53 JLN MA'MOR
★ Record price for a 3 ROOM in Kallang/Whampoa
3 ROOM01 TO 03 280S$1,060,000
Blk 1B CANTONMENT RD 5 ROOM22 TO 24 107S$1,018,000
Blk 1C CANTONMENT RD 5 ROOM31 TO 33 105S$973,888
Blk 7 TOH YI DR EXECUTIVE07 TO 09 146S$960,000
Blk 1F CANTONMENT RD 5 ROOM10 TO 12 106S$958,800
Blk 1A CANTONMENT RD 5 ROOM13 TO 15 107S$950,000
Blk 1A CANTONMENT RD 4 ROOM40 TO 42 95S$920,000
Blk 1C CANTONMENT RD 4 ROOM37 TO 39 95S$912,000
Blk 82 STRATHMORE AVE 5 ROOM22 TO 24 125S$908,000
Blk 186 BISHAN ST 13 EXECUTIVE04 TO 06 153S$900,000