HDB Resale Report — March 2018

← February 2018 · all reports · April 2018 →

1,881 flats changed hands in March 2018 (+59.0% vs February 2018 · -1.2% vs March 2017). The median price across all flat types was S$418,000, and 8 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 7 BOON KENG RD for S$1,150,000.

At a glance

Flats resold

1,881

+59.0% vs February 2018 · -1.2% vs March 2017

Median price, all flat types

S$418,000

+2.5% vs February 2018 · +0.7% vs March 2017

S$1m+ resales

8

Median resale price, last 13 months

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

S$400,000S$410,000S$420,000Mar '17Sep '17Mar '18Mar '17 · S$415,000 median · 1,903 resalesApr '17 · S$408,000 median · 1,839 resalesMay '17 · S$410,000 median · 1,980 resalesJun '17 · S$415,000 median · 1,747 resalesJul '17 · S$405,000 median · 1,780 resalesAug '17 · S$415,000 median · 1,960 resalesSep '17 · S$418,000 median · 1,680 resalesOct '17 · S$410,000 median · 1,785 resalesNov '17 · S$410,000 median · 1,980 resalesDec '17 · S$418,000 median · 1,585 resalesJan '18 · S$415,000 median · 1,072 resalesFeb '18 · S$408,000 median · 1,183 resalesMar '18 · S$418,000 median · 1,881 resalesS$418,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM763 S$410,000S$403 9379y
5 ROOM497 S$485,000S$378 11781y
3 ROOM407 S$295,000S$402 6762y
EXECUTIVE191 S$585,000S$384 14676y
2 ROOM23 S$235,000S$485 4567y

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 AREA21S$850,000 S$430,000S$898,500 S$1,028,000
QUEENSTOWN59S$708,000 S$328,000S$730,000 S$821,500S$965,500
BUKIT TIMAH5S$696,000 S$650,000 S$883,000S$860,000
BISHAN38S$665,000 S$380,000S$565,000 S$806,000S$955,000
BUKIT MERAH72S$582,500 S$332,000S$658,000 S$750,000
TOA PAYOH73S$568,000 S$293,000S$624,000 S$850,000
MARINE PARADE15S$528,888 S$371,500S$533,444 S$840,000
CLEMENTI40S$497,500 S$318,444S$640,000 S$688,000
PASIR RIS52S$484,444 S$420,000 S$476,500S$581,000
SERANGOON58S$473,500 S$276,500S$460,000 S$500,000S$679,000
GEYLANG41S$472,000 S$315,000S$601,500 S$645,000S$794,000
TAMPINES105S$465,000 S$335,000S$425,500 S$522,500S$671,500
JURONG EAST45S$440,000 S$281,000S$420,000 S$516,500S$677,500
PUNGGOL152S$427,000 S$344,000S$438,444 S$425,000S$555,888
BUKIT PANJANG70S$420,000 S$290,000S$355,000 S$471,888S$591,500
HOUGANG85S$420,000 S$282,500S$375,250 S$467,500S$660,000
SENGKANG139S$420,000 S$320,500S$390,000 S$438,444S$552,500
KALLANG/WHAMPOA58S$412,500 S$310,000S$492,500 S$710,000S$829,000
JURONG WEST152S$394,000 S$240,000S$350,000 S$432,000S$540,000
BEDOK93S$385,888 S$302,500S$401,500 S$577,000S$765,000
BUKIT BATOK77S$383,000 S$269,944S$390,000 S$550,000S$588,000
SEMBAWANG42S$363,000 S$337,644 S$370,000S$448,888
CHOA CHU KANG67S$360,000 S$303,000S$335,000 S$388,444S$510,000
ANG MO KIO104S$355,000 S$292,000S$470,000 S$770,000S$838,000
WOODLANDS124S$355,000 S$275,000S$330,000 S$405,000S$560,000
YISHUN94S$335,444 S$260,000S$346,500 S$480,000S$566,500

Top transactions

BlockTypeLevelArea m² Price
Blk 7 BOON KENG RD
★ Record price for a 5 ROOM in Kallang/Whampoa
5 ROOM40 TO 42 117S$1,150,000
Blk 1B CANTONMENT RD
★ Record price for a 5 ROOM in Central Area
5 ROOM37 TO 39 107S$1,145,000
Blk 1A CANTONMENT RD 5 ROOM34 TO 36 106S$1,100,000
Blk 1E CANTONMENT RD 5 ROOM28 TO 30 105S$1,100,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM40 TO 42 117S$1,040,000
Blk 50 C'WEALTH DR
★ Record price for a 5 ROOM in Queenstown
5 ROOM19 TO 21 117S$1,038,288
Blk 1A CANTONMENT RD 5 ROOM34 TO 36 105S$1,028,000
Blk 451 SIN MING AVE EXECUTIVE10 TO 12 182S$1,018,000
Blk 147 MEI LING ST EXECUTIVE01 TO 03 146S$986,000
Blk 273B BISHAN ST 24 5 ROOM07 TO 09 120S$985,000