HDB Resale Report — September 2022

← August 2022 · all reports · October 2022 →

2,578 flats changed hands in September 2022 (+11.7% vs August 2022 · +2.5% vs September 2021). The median price across all flat types was S$538,000, and 45 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 273A BISHAN ST 24 for S$1,330,000.

At a glance

Flats resold

2,578

+11.7% vs August 2022 · +2.5% vs September 2021

Median price, all flat types

S$538,000

+3.1% vs August 2022 · +9.3% vs September 2021

S$1m+ resales

45

Median resale price, last 13 months

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

S$490,000S$515,000S$540,000Sep '21Mar '22Sep '22Sep '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 resalesApr '22 · S$520,000 median · 2,262 resalesMay '22 · S$520,000 median · 2,154 resalesJun '22 · S$530,000 median · 2,135 resalesJul '22 · S$530,000 median · 2,361 resalesAug '22 · S$522,000 median · 2,309 resalesSep '22 · S$538,000 median · 2,578 resalesS$538,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,061 S$523,888S$515 9378y
5 ROOM689 S$633,000S$501 11478y
3 ROOM598 S$370,000S$511 6760y
EXECUTIVE181 S$798,000S$507 14670y
2 ROOM48 S$307,500S$621 4791y
MULTI-GENERATION1 S$880,000S$499 16464y

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
BISHAN51S$780,000 S$400,000S$640,000 S$868,000S$1,100,000
KALLANG/WHAMPOA81S$753,000 S$370,000S$783,000 S$881,500S$1,000,000
BUKIT TIMAH7S$743,888 S$490,000S$565,000 S$901,500S$1,280,000
QUEENSTOWN89S$730,000 S$412,000S$872,500 S$868,000S$1,250,000
TOA PAYOH79S$650,000 S$350,000S$715,000 S$868,000S$986,000
BUKIT MERAH85S$620,000 S$360,000S$750,000 S$946,444
PASIR RIS66S$613,500 S$469,000S$512,000 S$620,000S$827,500
PUNGGOL196S$571,444 S$440,000S$565,000 S$612,000S$657,444
SENGKANG213S$560,000 S$460,000S$550,000 S$587,500S$728,000
SEMBAWANG96S$552,500 S$420,000S$508,000 S$591,000S$642,500
TAMPINES149S$550,888 S$397,500S$530,000 S$637,500S$872,500
CENTRAL AREA27S$548,000 S$466,500S$700,000 S$1,094,444
SERANGOON40S$536,000 S$389,000S$535,000 S$690,000S$925,500
BUKIT PANJANG88S$530,000 S$390,000S$468,500 S$595,000S$780,000
CHOA CHU KANG144S$528,000 S$394,000S$500,000 S$600,000S$750,000
WOODLANDS195S$520,000 S$337,500S$478,000 S$568,000S$825,000
HOUGANG122S$510,000 S$370,000S$510,000 S$668,000S$822,000
JURONG WEST159S$510,000 S$333,000S$475,000 S$575,000S$662,500
CLEMENTI42S$500,000 S$395,000S$540,000 S$1,080,000S$927,000
JURONG EAST46S$490,000 S$355,000S$490,000 S$638,000S$750,000
BUKIT BATOK83S$485,000 S$359,000S$492,500 S$735,000S$810,444
BEDOK132S$467,500 S$361,000S$510,000 S$695,000S$810,000
YISHUN204S$465,000 S$365,000S$470,000 S$635,000S$760,000
MARINE PARADE21S$460,000 S$419,000S$555,000 S$891,500
ANG MO KIO100S$448,444 S$365,500S$530,000 S$800,000S$930,000
GEYLANG63S$441,000 S$322,500S$551,444 S$755,000S$825,944

Top transactions

BlockTypeLevelArea m² Price
Blk 273A BISHAN ST 24 5 ROOM16 TO 18 120S$1,330,000
Blk 96A HENDERSON RD 5 ROOM37 TO 39 113S$1,320,000
Blk 1C CANTONMENT RD 5 ROOM31 TO 33 105S$1,288,888
Blk 453 SIN MING AVE EXECUTIVE16 TO 18 162S$1,280,000
Blk 9B BOON TIONG RD 5 ROOM16 TO 18 112S$1,280,000
Blk 6 TOH YI DR
★ Record price for an EXECUTIVE in Bukit Timah
EXECUTIVE07 TO 09 146S$1,280,000
Blk 7 BOON KENG RD 5 ROOM34 TO 36 109S$1,280,000
Blk 138B LOR 1A TOA PAYOH 5 ROOM25 TO 27 117S$1,280,000
Blk 139A LOR 1A TOA PAYOH 5 ROOM28 TO 30 117S$1,270,000
Blk 148 MEI LING ST EXECUTIVE22 TO 24 156S$1,250,000