HDB Resale Report — September 2018

← August 2018 · all reports · October 2018 →

1,985 flats changed hands in September 2018 (-4.0% vs August 2018 · +18.2% vs September 2017). The median price across all flat types was S$400,000, and 7 crossed S$1 million. The month's top sale: a 3 ROOM at Blk 41 JLN BAHAGIA for S$1,185,000.

At a glance

Flats resold

1,985

-4.0% vs August 2018 · +18.2% vs September 2017

Median price, all flat types

S$400,000

-1.2% vs August 2018 · -4.3% vs September 2017

S$1m+ resales

7

Median resale price, last 13 months

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

S$400,000S$410,000S$420,000Sep '17Mar '18Sep '18Sep '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 resalesJun '18 · S$410,000 median · 1,975 resalesJul '18 · S$415,000 median · 2,539 resalesAug '18 · S$405,000 median · 2,067 resalesSep '18 · S$400,000 median · 1,985 resalesS$400,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM798 S$400,000S$391 9378y
5 ROOM499 S$460,000S$364 12079y
3 ROOM490 S$285,000S$394 6762y
EXECUTIVE173 S$618,000S$400 14576y
2 ROOM23 S$230,000S$465 4794y
MULTI-GENERATION2 S$802,500S$417 17968y

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
BISHAN46S$714,500 S$347,500S$570,000 S$732,500S$890,000
CENTRAL AREA10S$623,000 S$390,000S$803,000 S$1,035,000
BUKIT TIMAH4S$602,500 S$415,000 S$755,000S$985,000
BUKIT MERAH76S$572,500 S$315,000S$702,888 S$809,500
MARINE PARADE13S$506,000 S$435,000S$495,500 S$855,000
SERANGOON39S$500,000 S$329,444S$480,000 S$490,000S$700,000
PASIR RIS67S$477,000 S$402,000 S$470,000S$628,000
QUEENSTOWN58S$462,500 S$333,750S$715,000 S$875,000S$1,095,000
PUNGGOL140S$448,000 S$345,000S$452,500 S$440,000S$540,000
TAMPINES115S$425,000 S$331,500S$420,000 S$520,000S$681,944
JURONG EAST50S$420,000 S$282,500S$431,000 S$519,000S$600,000
SENGKANG146S$420,000 S$348,000S$418,000 S$422,500S$560,000
BUKIT PANJANG66S$418,000 S$269,000S$380,000 S$440,000S$627,500
HOUGANG110S$409,500 S$282,500S$386,500 S$466,000S$668,000
TOA PAYOH64S$409,000 S$280,000S$585,000 S$726,400S$872,000
CLEMENTI48S$377,500 S$296,500S$615,000 S$590,000S$820,000
SEMBAWANG52S$376,500 S$283,000S$335,500 S$389,400S$464,500
JURONG WEST151S$366,000 S$246,000S$351,500 S$422,500S$520,000
BUKIT BATOK93S$365,000 S$261,000S$378,444 S$520,000S$612,890
GEYLANG47S$360,000 S$279,000S$490,000 S$686,944
CHOA CHU KANG82S$359,000 S$274,000S$333,500 S$395,000S$550,000
KALLANG/WHAMPOA47S$356,000 S$306,500S$525,000 S$968,888
WOODLANDS164S$350,000 S$255,000S$325,000 S$402,500S$535,000
ANG MO KIO82S$346,000 S$275,000S$420,000 S$699,888S$815,000
BEDOK101S$345,000 S$286,700S$395,000 S$585,000S$787,500
YISHUN114S$340,000 S$260,000S$350,000 S$440,000S$570,000

Top transactions

BlockTypeLevelArea m² Price
Blk 41 JLN BAHAGIA
★ Record price for a 3 ROOM in Kallang/Whampoa
3 ROOM01 TO 03 237S$1,185,000
Blk 1A CANTONMENT RD 5 ROOM40 TO 42 107S$1,100,000
Blk 148 MEI LING ST EXECUTIVE13 TO 15 149S$1,095,000
Blk 273B BISHAN ST 24 5 ROOM28 TO 30 120S$1,080,000
Blk 7 BOON KENG RD 5 ROOM37 TO 39 109S$1,028,000
Blk 10A BOON TIONG RD
★ Record price for a 4 ROOM in Bukit Merah
4 ROOM34 TO 36 93S$1,018,000
Blk 275A BISHAN ST 24 5 ROOM22 TO 24 120S$1,000,000
Blk 28 GHIM MOH LINK 5 ROOM37 TO 39 113S$991,000
Blk 273B BISHAN ST 24 5 ROOM16 TO 18 120S$990,000
Blk 8 TOH YI DR EXECUTIVE01 TO 03 145S$985,000