PropHerald

HDB Resale Report — December 2018

← November 2018 · all reports · January 2019 →

1,423 flats changed hands in December 2018 (-23.7% vs November 2018 · -10.2% vs December 2017). The median price across all flat types was S$395,000, and 4 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 9A BOON TIONG RD for S$1,150,000.

At a glance

Flats resold

1,423

-23.7% vs November 2018 · -10.2% vs December 2017

Median price, all flat types

S$395,000

-0.1% vs November 2018 · -5.5% vs December 2017

S$1m+ resales

4

Median resale price, last 13 months

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

S$390,000S$405,000S$420,000Dec '17Jun '18Dec '18Dec '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 resalesOct '18 · S$398,500 median · 1,992 resalesNov '18 · S$395,500 median · 1,866 resalesDec '18 · S$395,000 median · 1,423 resalesS$395,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM597 S$395,000S$385 9378y
3 ROOM357 S$285,000S$394 6762y
5 ROOM352 S$477,444S$378 11780y
EXECUTIVE97 S$600,000S$390 14674y
2 ROOM20 S$220,000S$447 4692y

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$837,500 S$392,500— S$837,500S$933,000
BUKIT MERAH70S$600,000 S$328,000S$674,000 S$763,444—
QUEENSTOWN40S$557,500 S$350,000S$680,000 S$875,100S$970,000
BISHAN19S$518,888 S$363,000S$516,944 S$795,000S$990,000
MARINE PARADE4S$517,500 S$430,000S$517,500 S$830,000—
CENTRAL AREA7S$510,000 S$437,500S$920,000 S$786,944—
SERANGOON30S$455,000 S$298,000S$455,000 S$675,000S$642,000
PUNGGOL103S$455,000 S$346,000S$455,000 S$465,000S$565,000
PASIR RIS42S$451,500 —S$410,000 S$475,000S$600,000
TAMPINES81S$443,000 S$322,000S$428,000 S$525,000S$734,000
JURONG EAST27S$425,000 S$296,944S$410,000 S$518,000S$615,000
SENGKANG108S$420,000 S$330,000S$403,000 S$440,000S$544,000
KALLANG/WHAMPOA39S$410,000 S$316,000S$510,000 S$640,000—
HOUGANG59S$380,000 S$262,500S$378,000 S$509,000S$670,000
BEDOK90S$379,000 S$285,000S$414,000 S$618,000S$685,000
CHOA CHU KANG65S$370,000 S$290,000S$329,444 S$394,000S$526,500
SEMBAWANG51S$365,000 S$293,000S$337,500 S$380,000S$496,000
WOODLANDS125S$360,000 S$235,000S$333,000 S$393,000S$560,000
JURONG WEST100S$359,000 S$254,400S$330,000 S$447,500S$511,800
BUKIT PANJANG50S$355,500 S$280,000S$352,000 S$520,000S$499,500
ANG MO KIO68S$338,000 S$278,000S$425,000 S$722,500S$840,000
CLEMENTI29S$330,000 S$308,000S$571,444 S$737,500—
YISHUN95S$320,000 S$260,000S$333,000 S$450,000S$634,000
BUKIT BATOK51S$308,000 S$260,000S$370,000 S$549,000S$591,888
GEYLANG30S$297,500 S$279,000S$648,000 S$805,000S$600,000
TOA PAYOH36S$294,000 S$253,000S$520,000 S$808,000—

Top transactions

BlockTypeLevelArea m² Price
Blk 9A BOON TIONG RD
★ Record price for a 5 ROOM in Bukit Merah
 5 ROOM37 TO 39 112S$1,150,000
Blk 138A LOR 1A TOA PAYOH 5 ROOM37 TO 39 114S$1,150,000
Blk 53 C'WEALTH DR 5 ROOM31 TO 33 117S$1,038,000
Blk 9A BOON TIONG RD 4 ROOM34 TO 36 92S$1,000,000
Blk 138A LOR 1A TOA PAYOH 5 ROOM25 TO 27 114S$993,000
Blk 441 SIN MING AVE EXECUTIVE10 TO 12 175S$990,000
Blk 1E CANTONMENT RD 5 ROOM07 TO 09 107S$988,000
Blk 273A BISHAN ST 24 5 ROOM10 TO 12 120S$980,000
Blk 18D HOLLAND DR 5 ROOM04 TO 06 117S$980,000
Blk 148 MEI LING ST EXECUTIVE04 TO 06 145S$970,000