HDB Resale Report — March 2016

← February 2016 · all reports · April 2016 →

1,655 flats changed hands in March 2016 (+37.9% vs February 2016 · +22.8% vs March 2015). The median price across all flat types was S$410,000, and 2 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1B CANTONMENT RD for S$1,050,000.

At a glance

Flats resold

1,655

+37.9% vs February 2016 · +22.8% vs March 2015

Median price, all flat types

S$410,000

+1.1% vs February 2016 · +1.7% vs March 2015

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$405,000S$410,000Mar '15Sep '15Mar '16Mar '15 · S$403,000 median · 1,348 resalesApr '15 · S$406,000 median · 1,630 resalesMay '15 · S$410,000 median · 1,567 resalesJun '15 · S$405,000 median · 1,706 resalesJul '15 · S$405,000 median · 1,551 resalesAug '15 · S$403,000 median · 1,449 resalesSep '15 · S$405,500 median · 1,498 resalesOct '15 · S$400,000 median · 1,748 resalesNov '15 · S$408,000 median · 1,470 resalesDec '15 · S$410,000 median · 1,412 resalesJan '16 · S$400,000 median · 1,280 resalesFeb '16 · S$405,500 median · 1,200 resalesMar '16 · S$410,000 median · 1,655 resalesS$410,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM662 S$405,000S$391 9478y
3 ROOM441 S$309,000S$423 6763y
5 ROOM388 S$478,444S$377 12080y
EXECUTIVE146 S$590,000S$380 14577y
2 ROOM17 S$245,000S$495 4560y
MULTI-GENERATION1 S$688,000S$392 16370y

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$774,000 S$621,500 S$823,000S$900,000
BISHAN34S$597,944 S$310,000S$535,000 S$740,000S$870,000
KALLANG/WHAMPOA43S$560,000 S$350,000S$590,000 S$816,500
QUEENSTOWN41S$550,000 S$358,500S$698,000 S$883,000
CENTRAL AREA23S$525,000 S$440,000S$765,000 S$930,000
BUKIT MERAH66S$515,000 S$365,000S$605,000 S$750,000
MARINE PARADE16S$503,000 S$409,000S$506,000 S$785,000
PASIR RIS59S$490,000 S$400,250 S$475,000S$600,000
SERANGOON35S$455,888 S$312,000S$471,500 S$455,888S$780,000
JURONG EAST31S$451,000 S$281,500S$413,500 S$562,500S$785,000
PUNGGOL70S$432,500 S$360,000S$432,000 S$445,000S$540,000
TAMPINES130S$429,000 S$330,000S$425,000 S$530,000S$655,000
SENGKANG120S$424,000 S$367,500S$393,000 S$456,500S$580,000
SEMBAWANG42S$418,000 S$366,000 S$418,000S$495,000
JURONG WEST120S$411,000 S$281,000S$396,500 S$500,000S$580,000
BUKIT PANJANG80S$400,000 S$292,000S$370,500 S$438,888S$566,888
WOODLANDS107S$396,000 S$271,000S$365,000 S$429,000S$582,000
HOUGANG89S$395,000 S$290,000S$383,888 S$487,500S$668,000
CHOA CHU KANG92S$389,000 S$301,000S$350,000 S$418,000S$562,500
CLEMENTI36S$367,500 S$318,000S$495,000 S$594,000S$840,000
BEDOK89S$366,000 S$305,000S$409,000 S$625,000S$667,500
YISHUN95S$355,000 S$281,500S$360,000 S$457,000S$580,000
ANG MO KIO81S$350,000 S$312,500S$455,000 S$656,500
GEYLANG48S$337,500 S$285,000S$385,000 S$641,500S$888,000
BUKIT BATOK61S$335,000 S$285,000S$392,500 S$565,000S$636,500
TOA PAYOH43S$318,000 S$305,500S$552,500 S$707,688S$910,000

Top transactions

BlockTypeLevelArea m² Price
Blk 1B CANTONMENT RD 5 ROOM25 TO 27 105S$1,050,000
Blk 8 BOON KENG RD
★ Record price for a 5 ROOM in Kallang/Whampoa
5 ROOM40 TO 42 119S$1,004,888
Blk 9 BOON KENG RD 5 ROOM34 TO 36 117S$988,000
Blk 18D HOLLAND DR 5 ROOM28 TO 30 117S$955,000
Blk 1C CANTONMENT RD 4 ROOM34 TO 36 93S$950,000
Blk 62 DAKOTA CRES
★ Record price for a 5 ROOM in Geylang
5 ROOM04 TO 06 153S$950,000
Blk 1C CANTONMENT RD 5 ROOM19 TO 21 107S$930,000
Blk 424 SERANGOON CTRL EXECUTIVE10 TO 12 149S$930,000
Blk 133 CLARENCE LANE 5 ROOM07 TO 09 133S$918,000
Blk 101B LOR 2 TOA PAYOH EXECUTIVE04 TO 06 145S$910,000