HDB Resale Report — March 2022

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2,262 flats changed hands in March 2022 (+19.4% vs February 2022 · -7.4% vs March 2021). The median price across all flat types was S$510,000, and 27 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1F CANTONMENT RD for S$1,388,888.

At a glance

Flats resold

2,262

+19.4% vs February 2022 · -7.4% vs March 2021

Median price, all flat types

S$510,000

+0.4% vs February 2022 · +9.7% vs March 2021

S$1m+ resales

27

Median resale price, last 13 months

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

S$460,000S$485,000S$510,000Mar '21Sep '21Mar '22Mar '21 · S$465,000 median · 2,443 resalesApr '21 · S$472,000 median · 2,333 resalesMay '21 · S$480,000 median · 1,957 resalesJun '21 · S$482,000 median · 2,302 resalesJul '21 · S$480,000 median · 2,659 resalesAug '21 · S$490,000 median · 2,739 resalesSep '21 · S$492,000 median · 2,516 resalesOct '21 · S$500,000 median · 2,499 resalesNov '21 · S$503,000 median · 2,566 resalesDec '21 · S$505,000 median · 2,422 resalesJan '22 · S$500,000 median · 2,442 resalesFeb '22 · S$508,000 median · 1,895 resalesMar '22 · S$510,000 median · 2,262 resalesS$510,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM956 S$500,000S$491 9378y
5 ROOM558 S$600,000S$469 11577y
3 ROOM545 S$360,000S$494 6760y
EXECUTIVE168 S$718,444S$467 14571y
2 ROOM32 S$280,000S$571 4690y
1 ROOM2 S$215,000S$644 3152y
MULTI-GENERATION1 S$848,000S$475 16664y

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$825,000 S$465,000S$580,000 S$1,134,000
BISHAN45S$668,000 S$455,000S$600,000 S$780,000S$1,000,000
KALLANG/WHAMPOA100S$650,000 S$350,000S$746,694 S$766,500
QUEENSTOWN62S$650,000 S$355,000S$820,000 S$940,000S$1,046,000
BUKIT MERAH92S$635,000 S$385,000S$735,000 S$750,000
PASIR RIS64S$590,000 S$507,500S$494,500 S$600,000S$729,000
CLEMENTI66S$573,500 S$428,000S$662,500 S$844,000S$890,000
MARINE PARADE14S$551,500 S$381,500S$595,000 S$800,000
PUNGGOL165S$528,000 S$412,944S$525,000 S$640,000S$648,888
SEMBAWANG61S$520,000 S$480,000 S$525,000S$600,000
TAMPINES131S$520,000 S$385,500S$502,000 S$620,000S$808,000
SENGKANG190S$518,500 S$406,500S$502,000 S$540,000S$670,000
CHOA CHU KANG142S$505,000 S$360,000S$460,000 S$585,500S$705,000
WOODLANDS116S$501,400 S$350,000S$448,000 S$531,000S$716,500
JURONG EAST39S$500,000 S$375,000S$517,500 S$508,000S$708,000
HOUGANG126S$500,000 S$345,000S$498,000 S$608,888S$827,000
SERANGOON34S$500,000 S$405,000S$478,000 S$664,000S$954,444
JURONG WEST117S$492,000 S$329,000S$465,000 S$530,000S$635,000
CENTRAL AREA19S$490,000 S$390,000S$689,000 S$1,368,888
BUKIT PANJANG90S$467,000 S$356,000S$455,000 S$560,000S$723,444
TOA PAYOH82S$466,000 S$334,000S$662,500 S$890,000S$908,000
YISHUN160S$449,000 S$361,400S$460,000 S$614,444S$723,000
GEYLANG71S$440,000 S$310,000S$530,000 S$878,444S$805,000
BUKIT BATOK67S$440,000 S$344,444S$460,000 S$633,000S$750,000
ANG MO KIO81S$420,000 S$366,500S$562,000 S$738,000
BEDOK124S$402,500 S$335,000S$435,000 S$605,000S$830,000

Top transactions

BlockTypeLevelArea m² Price
Blk 1F CANTONMENT RD
★ Record price for a 5 ROOM in Central Area
5 ROOM46 TO 48 107S$1,388,888
Blk 1E CANTONMENT RD 5 ROOM46 TO 48 105S$1,348,888
Blk 273B BISHAN ST 24 5 ROOM31 TO 33 120S$1,270,000
Blk 1F CANTONMENT RD
★ Record price for a 4 ROOM in Central Area
4 ROOM43 TO 45 95S$1,210,000
Blk 275A BISHAN ST 24 5 ROOM04 TO 06 120S$1,200,000
Blk 2 TOH YI DR EXECUTIVE13 TO 15 146S$1,198,000
Blk 139A LOR 1A TOA PAYOH 5 ROOM31 TO 33 114S$1,180,000
Blk 90 DAWSON RD
★ Record price for a 4 ROOM in Queenstown
4 ROOM40 TO 42 95S$1,160,000
Blk 1E CANTONMENT RD 4 ROOM34 TO 36 93S$1,150,000
Blk 138C LOR 1A TOA PAYOH 5 ROOM22 TO 24 117S$1,150,000