HDB Resale Report — May 2018

← April 2018 · all reports · June 2018 →

1,740 flats changed hands in May 2018 (-5.3% vs April 2018 · -12.1% vs May 2017). The median price across all flat types was S$412,000, and 1 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1E CANTONMENT RD for S$1,080,000.

At a glance

Flats resold

1,740

-5.3% vs April 2018 · -12.1% vs May 2017

Median price, all flat types

S$412,000

+0.5% vs April 2018 · +0.5% vs May 2017

S$1m+ resales

1

Median resale price, last 13 months

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

S$400,000S$410,000S$420,000May '17Nov '17May '18May '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 resalesApr '18 · S$410,000 median · 1,838 resalesMay '18 · S$412,000 median · 1,740 resalesS$412,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM695 S$400,000S$391 9379y
5 ROOM462 S$480,000S$375 11980y
3 ROOM386 S$293,675S$402 6764y
EXECUTIVE172 S$628,000S$406 14674y
2 ROOM24 S$229,000S$478 4680y
MULTI-GENERATION1 S$850,000S$476 16668y

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
BISHAN33S$662,000 S$331,000S$611,500 S$737,500S$850,000
BUKIT MERAH61S$600,000 S$362,500S$677,500 S$830,000
QUEENSTOWN45S$598,000 S$355,000S$680,000 S$825,000
CENTRAL AREA16S$563,000 S$379,000S$671,000 S$967,000
BUKIT TIMAH2S$550,000 S$380,000 S$720,000
KALLANG/WHAMPOA49S$543,500 S$308,000S$645,000 S$818,000S$732,000
TAMPINES153S$505,000 S$340,000S$440,000 S$560,000S$669,000
MARINE PARADE7S$492,000 S$350,000S$492,000 S$790,000
PASIR RIS60S$488,000 S$405,000 S$488,000S$648,000
SERANGOON35S$450,000 S$320,000S$388,000 S$515,000S$689,444
PUNGGOL139S$438,000 S$343,000S$450,000 S$430,000S$558,000
CLEMENTI39S$418,000 S$320,000S$546,000 S$570,000S$900,000
SENGKANG145S$415,000 S$335,000S$407,000 S$425,000S$542,444
BEDOK89S$400,000 S$293,000S$409,000 S$620,000S$718,000
BUKIT PANJANG77S$395,000 S$291,000S$370,000 S$452,000S$570,000
JURONG WEST116S$392,500 S$257,500S$378,888 S$440,000S$570,000
HOUGANG85S$388,000 S$282,500S$376,500 S$448,000S$621,888
ANG MO KIO67S$380,000 S$275,000S$460,000 S$760,000S$837,500
JURONG EAST37S$370,000 S$280,000S$445,000 S$585,000S$825,000
SEMBAWANG54S$370,000 S$340,444 S$390,000S$490,000
GEYLANG33S$370,000 S$270,000S$470,500 S$700,000S$675,000
BUKIT BATOK63S$370,000 S$260,000S$380,000 S$517,500S$603,000
CHOA CHU KANG70S$363,000 S$270,000S$325,000 S$400,444S$557,500
WOODLANDS124S$343,500 S$261,500S$323,500 S$409,888S$570,000
TOA PAYOH48S$337,500 S$288,000S$724,000 S$878,000S$758,000
YISHUN93S$320,000 S$262,888S$340,000 S$454,000S$535,000

Top transactions

BlockTypeLevelArea m² Price
Blk 1E CANTONMENT RD 5 ROOM34 TO 36 108S$1,080,000
Blk 62 DAKOTA CRES
★ Record price for a 5 ROOM in Geylang
5 ROOM07 TO 09 139S$998,000
Blk 1G CANTONMENT RD 5 ROOM19 TO 21 107S$986,000
Blk 2C BOON TIONG RD 5 ROOM28 TO 30 115S$985,000
Blk 22 GHIM MOH LINK 5 ROOM34 TO 36 113S$975,000
Blk 1D CANTONMENT RD 4 ROOM46 TO 48 93S$973,000
Blk 44 JLN BAHAGIA 3 ROOM01 TO 03 185S$968,000
Blk 139A LOR 1A TOA PAYOH 5 ROOM34 TO 36 114S$966,000
Blk 139A LOR 1A TOA PAYOH 5 ROOM31 TO 33 114S$960,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM31 TO 33 114S$960,000