HDB Resale Report — December 2022

← November 2022 · all reports · January 2023 →

2,234 flats changed hands in December 2022 (+4.9% vs November 2022 · -7.8% vs December 2021). The median price across all flat types was S$530,000, and 28 crossed S$1 million. The month's top sale: an EXECUTIVE at Blk 2 TOH YI DR for S$1,300,000.

At a glance

Flats resold

2,234

+4.9% vs November 2022 · -7.8% vs December 2021

Median price, all flat types

S$530,000

-1.5% vs November 2022 · +5.0% vs December 2021

S$1m+ resales

28

Median resale price, last 13 months

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

S$500,000S$525,000S$550,000Dec '21Jun '22Dec '22Dec '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 resalesOct '22 · S$542,750 median · 1,958 resalesNov '22 · S$538,000 median · 2,130 resalesDec '22 · S$530,000 median · 2,234 resalesS$530,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM995 S$530,000S$526 9378y
3 ROOM563 S$380,000S$519 6760y
5 ROOM490 S$625,000S$490 11677y
EXECUTIVE132 S$789,000S$507 14570y
2 ROOM53 S$305,888S$619 4791y
1 ROOM1 S$235,000S$704 3151y

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 TIMAH5S$990,000 S$601,500 S$990,000S$1,295,400
BUKIT MERAH64S$681,500 S$369,000S$759,000 S$964,000
BISHAN31S$678,000 S$470,000S$665,000 S$1,001,944S$1,039,444
QUEENSTOWN60S$652,500 S$382,500S$870,000 S$925,000
PASIR RIS65S$640,000 S$509,000S$525,000 S$655,000S$808,000
KALLANG/WHAMPOA59S$610,000 S$387,500S$762,500 S$730,500S$1,050,000
PUNGGOL182S$580,000 S$452,500S$580,000 S$708,000S$650,000
SENGKANG180S$550,000 S$450,000S$545,000 S$590,000S$709,444
TAMPINES155S$545,000 S$412,500S$537,500 S$660,000S$810,000
BUKIT PANJANG79S$538,000 S$381,500S$480,000 S$570,000S$775,000
HOUGANG103S$538,000 S$380,000S$518,000 S$604,444S$880,000
SEMBAWANG94S$530,000 S$428,000S$530,000 S$579,000S$638,944
SERANGOON33S$520,000 S$380,000S$523,000 S$666,500S$951,500
WOODLANDS203S$515,000 S$414,000S$495,000 S$580,000S$760,000
JURONG WEST146S$510,000 S$355,000S$492,506 S$555,000S$682,500
CHOA CHU KANG117S$508,000 S$355,000S$492,000 S$583,500S$690,000
BUKIT BATOK75S$505,000 S$365,000S$500,000 S$709,000S$821,500
CLEMENTI46S$492,500 S$370,000S$540,000 S$740,000S$986,594
ANG MO KIO79S$470,000 S$380,000S$684,000 S$900,000
CENTRAL AREA14S$468,000 S$419,000S$980,000 S$1,280,000
TOA PAYOH66S$454,444 S$346,500S$736,500 S$742,944S$850,000
YISHUN158S$450,000 S$375,000S$471,500 S$609,444S$785,000
MARINE PARADE21S$443,800 S$420,000S$590,000 S$889,000
BEDOK98S$436,500 S$355,000S$480,000 S$670,000S$865,000
GEYLANG66S$432,500 S$334,000S$536,500 S$772,500S$855,000
JURONG EAST35S$390,000 S$361,444S$488,000 S$555,000S$820,000

Top transactions

BlockTypeLevelArea m² Price
Blk 2 TOH YI DR
★ Record price for an EXECUTIVE in Bukit Timah
EXECUTIVE10 TO 12 150S$1,300,000
Blk 3 TOH YI DR EXECUTIVE01 TO 03 150S$1,290,800
Blk 273B BISHAN ST 24 5 ROOM22 TO 24 120S$1,290,000
Blk 1B CANTONMENT RD 5 ROOM13 TO 15 106S$1,280,000
Blk 1D CANTONMENT RD 4 ROOM31 TO 33 93S$1,230,000
Blk 1B CANTONMENT RD 4 ROOM43 TO 45 95S$1,228,000
Blk 219 BISHAN ST 23 EXECUTIVE10 TO 12 146S$1,220,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM34 TO 36 114S$1,160,000
Blk 53 HAVELOCK RD 5 ROOM28 TO 30 114S$1,143,000
Blk 4A BOON TIONG RD 5 ROOM16 TO 18 115S$1,120,000