HDB Resale Report — January 2019

← December 2018 · all reports · February 2019 →

1,550 flats changed hands in January 2019 (+8.9% vs December 2018 · +44.6% vs January 2018). The median price across all flat types was S$395,000, and 6 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 9 BOON KENG RD for S$1,185,000.

At a glance

Flats resold

1,550

+8.9% vs December 2018 · +44.6% vs January 2018

Median price, all flat types

S$395,000

+0.0% vs December 2018 · -4.8% vs January 2018

S$1m+ resales

6

Median resale price, last 13 months

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

S$390,000S$405,000S$420,000Jan '18Jul '18Jan '19Jan '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 resalesJan '19 · S$395,000 median · 1,550 resalesS$395,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM650 S$395,000S$384 9377y
3 ROOM393 S$285,000S$388 6764y
5 ROOM366 S$470,000S$371 12079y
EXECUTIVE122 S$600,000S$386 14675y
2 ROOM18 S$236,000S$479 4691y
1 ROOM1 S$172,000S$515 3155y

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$665,000 S$562,500 S$750,000S$940,000
QUEENSTOWN31S$655,000 S$332,000S$741,000 S$848,000
BUKIT MERAH47S$590,000 S$310,250S$628,500 S$750,000
BISHAN39S$568,000 S$365,000S$555,000 S$718,000S$855,000
CENTRAL AREA14S$560,000 S$455,000S$685,000 S$1,050,000
KALLANG/WHAMPOA40S$517,500 S$319,000S$626,500 S$695,000S$912,500
SERANGOON36S$490,500 S$285,000S$440,000 S$540,500S$640,000
PASIR RIS43S$480,000 S$400,000 S$480,000S$680,000
PUNGGOL90S$450,000 S$360,000S$453,944 S$468,000S$500,000
TOA PAYOH47S$438,000 S$260,000S$560,000 S$830,000S$688,000
TAMPINES70S$418,000 S$319,000S$420,000 S$510,000S$625,000
SENGKANG117S$417,000 S$328,500S$405,000 S$463,000S$570,000
BUKIT PANJANG48S$411,000 S$315,000S$358,000 S$467,500S$588,000
JURONG EAST35S$385,000 S$270,000S$440,000 S$600,000S$615,000
JURONG WEST113S$385,000 S$260,000S$355,000 S$418,000S$537,500
CLEMENTI58S$374,000 S$315,000S$570,000 S$697,500S$829,500
GEYLANG35S$370,000 S$263,000S$565,000 S$641,000S$750,000
BUKIT BATOK68S$367,500 S$260,000S$370,000 S$520,000S$665,000
CHOA CHU KANG79S$365,000 S$290,000S$340,000 S$406,500S$566,000
BEDOK82S$355,500 S$279,500S$390,000 S$559,000S$751,250
SEMBAWANG51S$355,000 S$275,000S$335,000 S$395,000S$471,000
MARINE PARADE13S$355,000 S$349,000S$501,500 S$818,000
HOUGANG53S$353,000 S$280,000S$360,000 S$492,500S$704,000
WOODLANDS146S$335,000 S$245,000S$320,000 S$394,000S$584,000
ANG MO KIO74S$332,500 S$270,000S$400,000 S$640,000
YISHUN117S$330,000 S$267,194S$331,444 S$465,400S$662,000

Top transactions

BlockTypeLevelArea m² Price
Blk 9 BOON KENG RD
★ Record price for a 5 ROOM in Kallang/Whampoa
5 ROOM37 TO 39 117S$1,185,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM40 TO 42 117S$1,150,000
Blk 1A CANTONMENT RD 5 ROOM46 TO 48 107S$1,148,000
Blk 18D HOLLAND DR 5 ROOM25 TO 27 117S$1,100,000
Blk 1A CANTONMENT RD 5 ROOM16 TO 18 107S$1,050,000
Blk 1B CANTONMENT RD 5 ROOM13 TO 15 105S$1,000,000
Blk 9B BOON TIONG RD 5 ROOM28 TO 30 112S$970,000
Blk 46 BENDEMEER RD
★ Record price for an EXECUTIVE in Kallang/Whampoa
EXECUTIVE16 TO 18 146S$955,000
Blk 187 BISHAN ST 13 EXECUTIVE10 TO 12 146S$950,000
Blk 2 TOH YI DR EXECUTIVE13 TO 15 150S$940,000