HDB Resale Report — March 2020

← February 2020 · all reports · April 2020 →

1,937 flats changed hands in March 2020 (+16.6% vs February 2020 · +17.2% vs March 2019). The median price across all flat types was S$412,000, and 5 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1B CANTONMENT RD for S$1,232,000.

At a glance

Flats resold

1,937

+16.6% vs February 2020 · +17.2% vs March 2019

Median price, all flat types

S$412,000

+1.0% vs February 2020 · +3.0% vs March 2019

S$1m+ resales

5

Median resale price, last 13 months

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

S$400,000S$410,000S$420,000Mar '19Sep '19Mar '20Mar '19 · S$400,000 median · 1,653 resalesApr '19 · S$400,000 median · 1,915 resalesMay '19 · S$400,000 median · 2,070 resalesJun '19 · S$400,000 median · 1,884 resalesJul '19 · S$405,000 median · 2,114 resalesAug '19 · S$405,000 median · 1,902 resalesSep '19 · S$400,000 median · 1,830 resalesOct '19 · S$400,444 median · 2,206 resalesNov '19 · S$405,000 median · 1,910 resalesDec '19 · S$405,000 median · 1,848 resalesJan '20 · S$400,000 median · 1,911 resalesFeb '20 · S$408,000 median · 1,661 resalesMar '20 · S$412,000 median · 1,937 resalesS$412,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM815 S$410,000S$403 9378y
5 ROOM473 S$500,000S$391 11679y
3 ROOM458 S$280,000S$386 6763y
EXECUTIVE139 S$612,000S$390 14573y
2 ROOM50 S$234,500S$458 4794y
1 ROOM2 S$162,500S$487 3154y

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$846,500 S$635,000 S$860,000
BUKIT MERAH72S$576,500 S$301,000S$590,000 S$815,000
BISHAN40S$575,000 S$362,000S$518,000 S$742,500S$805,000
CLEMENTI48S$508,000 S$315,000S$695,000 S$785,000S$876,944
SERANGOON31S$495,000 S$360,000S$455,000 S$535,000S$680,000
PASIR RIS52S$476,250 S$330,400S$450,000 S$492,944S$602,500
TAMPINES126S$466,500 S$333,444S$429,444 S$542,500S$668,000
CENTRAL AREA13S$460,000 S$370,000S$570,000 S$1,232,000
PUNGGOL126S$459,000 S$356,000S$469,000 S$475,000S$520,000
KALLANG/WHAMPOA49S$455,000 S$271,000S$512,750 S$760,000S$800,000
HOUGANG88S$445,000 S$265,000S$447,500 S$522,500S$687,500
SENGKANG164S$438,444 S$336,500S$425,000 S$496,500S$572,000
BUKIT PANJANG112S$412,500 S$305,000S$412,500 S$515,000S$590,000
TOA PAYOH50S$410,000 S$240,000S$560,000 S$819,000
JURONG WEST129S$405,000 S$276,000S$341,500 S$432,000S$549,000
SEMBAWANG45S$398,000 S$315,000S$376,000 S$425,000S$488,000
GEYLANG40S$390,000 S$230,000S$450,000 S$582,500S$707,500
MARINE PARADE8S$379,000 S$359,000S$486,500
QUEENSTOWN43S$372,000 S$290,000S$697,500 S$805,000S$960,000
CHOA CHU KANG79S$370,000 S$261,000S$343,500 S$420,000S$510,000
WOODLANDS133S$365,000 S$275,000S$345,000 S$410,000S$644,000
JURONG EAST44S$362,500 S$264,000S$375,000 S$497,500S$650,000
BUKIT BATOK57S$350,000 S$256,000S$367,500 S$504,000S$578,750
YISHUN204S$345,000 S$270,000S$347,000 S$497,000S$596,000
BEDOK102S$330,000 S$270,000S$390,000 S$535,000S$685,000
ANG MO KIO78S$330,000 S$270,500S$410,000 S$662,500

Top transactions

BlockTypeLevelArea m² Price
Blk 1B CANTONMENT RD
★ Record price for a 5 ROOM in Central Area
5 ROOM40 TO 42 107S$1,232,000
Blk 273B BISHAN ST 24 5 ROOM19 TO 21 120S$1,082,000
Blk 9B BOON TIONG RD 5 ROOM04 TO 06 112S$1,065,000
Blk 1E CANTONMENT RD 4 ROOM46 TO 48 96S$1,030,000
Blk 148 MEI LING ST EXECUTIVE13 TO 15 145S$1,030,000
Blk 8 BOON KENG RD 5 ROOM37 TO 39 107S$965,000
Blk 10B BOON TIONG RD 4 ROOM19 TO 21 87S$950,000
Blk 56 HAVELOCK RD 5 ROOM07 TO 09 114S$950,000
Blk 138B LOR 1A TOA PAYOH 5 ROOM16 TO 18 110S$950,000
Blk 10A BOON TIONG RD 4 ROOM28 TO 30 92S$948,000