HDB Resale Report — March 2019

← February 2019 · all reports · April 2019 →

1,653 flats changed hands in March 2019 (+26.8% vs February 2019 · -12.1% vs March 2018). The median price across all flat types was S$400,000, and 7 crossed S$1 million. The month's top sale: an EXECUTIVE at Blk 173 BISHAN ST 13 for S$1,145,000.

At a glance

Flats resold

1,653

+26.8% vs February 2019 · -12.1% vs March 2018

Median price, all flat types

S$400,000

+1.8% vs February 2019 · -4.3% vs March 2018

S$1m+ resales

7

Median resale price, last 13 months

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

S$390,000S$405,000S$420,000Mar '18Sep '18Mar '19Mar '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 resalesFeb '19 · S$393,000 median · 1,304 resalesMar '19 · S$400,000 median · 1,653 resalesS$400,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM701 S$400,000S$392 9378y
3 ROOM406 S$280,000S$385 6763y
5 ROOM401 S$488,000S$380 12078y
EXECUTIVE111 S$600,888S$392 14674y
2 ROOM31 S$225,000S$444 4666y
1 ROOM3 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 TIMAH7S$805,000 S$627,944 S$805,000S$963,000
BUKIT MERAH93S$615,000 S$308,000S$670,000 S$778,000
BISHAN38S$572,750 S$375,000S$530,000 S$668,000S$1,032,500
QUEENSTOWN38S$520,000 S$376,000S$705,000 S$787,500
KALLANG/WHAMPOA48S$495,000 S$290,000S$510,000 S$650,000S$835,000
MARINE PARADE8S$484,000 S$416,444S$480,000 S$780,000
PASIR RIS43S$483,000 S$395,000 S$481,500S$628,500
CENTRAL AREA16S$476,500 S$445,000S$485,000 S$1,020,000
PUNGGOL86S$460,000 S$342,500S$467,000 S$477,500
TOA PAYOH57S$445,000 S$250,000S$588,000 S$630,000S$700,000
TAMPINES92S$435,000 S$328,000S$426,500 S$550,000S$655,500
SENGKANG113S$428,000 S$340,000S$410,000 S$472,888S$570,000
SERANGOON38S$416,500 S$311,000S$416,500 S$530,000S$750,000
CLEMENTI40S$406,500 S$315,000S$465,000 S$613,000S$910,000
JURONG EAST36S$405,000 S$283,500S$400,000 S$547,500S$639,500
BUKIT PANJANG65S$395,000 S$290,000S$368,400 S$494,000S$595,000
GEYLANG43S$390,000 S$247,500S$486,500 S$762,500S$637,000
HOUGANG84S$380,000 S$275,000S$380,000 S$476,000S$667,500
JURONG WEST112S$380,000 S$254,000S$355,944 S$435,444S$533,944
WOODLANDS139S$360,000 S$276,000S$328,944 S$393,000S$565,000
BUKIT BATOK67S$355,000 S$257,500S$364,000 S$527,500S$580,000
SEMBAWANG34S$352,500 S$292,000S$337,500 S$395,000S$500,000
CHOA CHU KANG76S$350,000 S$280,000S$328,000 S$400,000S$555,000
BEDOK82S$347,500 S$274,000S$385,000 S$547,500S$700,000
YISHUN117S$325,000 S$262,444S$342,000 S$456,888S$520,000
ANG MO KIO81S$290,000 S$269,000S$402,500 S$710,000S$791,444

Top transactions

BlockTypeLevelArea m² Price
Blk 173 BISHAN ST 13
★ Record price for an EXECUTIVE in Bishan
EXECUTIVE19 TO 21 163S$1,145,000
Blk 1B CANTONMENT RD 5 ROOM34 TO 36 107S$1,133,000
Blk 8 BOON KENG RD 5 ROOM34 TO 36 119S$1,110,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM37 TO 39 117S$1,068,000
Blk 2 TOH YI DR EXECUTIVE13 TO 15 150S$1,038,000
Blk 1E CANTONMENT RD 5 ROOM10 TO 12 106S$1,020,000
Blk 8 BOON KENG RD 5 ROOM34 TO 36 109S$1,010,000
Blk 275A BISHAN ST 24 5 ROOM13 TO 15 120S$996,000
Blk 1B CANTONMENT RD 4 ROOM16 TO 18 95S$978,000
Blk 62A STRATHMORE AVE 5 ROOM22 TO 24 117S$938,888