HDB Resale Report — July 2023

← June 2023 · all reports · August 2023 →

2,052 flats changed hands in July 2023 (+10.7% vs June 2023 · -13.1% vs July 2022). The median price across all flat types was S$555,000, and 32 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 138C LOR 1A TOA PAYOH for S$1,380,000.

At a glance

Flats resold

2,052

+10.7% vs June 2023 · -13.1% vs July 2022

Median price, all flat types

S$555,000

+0.9% vs June 2023 · +4.7% vs July 2022

S$1m+ resales

32

Median resale price, last 13 months

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

S$520,000S$540,000S$560,000Jul '22Jan '23Jul '23Jul '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 resalesJan '23 · S$535,000 median · 2,551 resalesFeb '23 · S$535,800 median · 1,837 resalesMar '23 · S$543,800 median · 2,277 resalesApr '23 · S$550,000 median · 2,177 resalesMay '23 · S$550,000 median · 2,245 resalesJun '23 · S$550,000 median · 1,853 resalesJul '23 · S$555,000 median · 2,052 resalesS$555,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM906 S$550,000S$535 9376y
5 ROOM499 S$655,000S$507 11875y
3 ROOM476 S$395,000S$534 6860y
EXECUTIVE124 S$822,500S$527 14569y
2 ROOM47 S$325,000S$652 4794y

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 TIMAH3S$1,200,000 S$600,000 S$1,224,000
QUEENSTOWN43S$825,000 S$370,000S$930,000 S$870,000
KALLANG/WHAMPOA51S$788,000 S$394,000S$830,000 S$907,944
BISHAN31S$771,200 S$489,000S$708,000 S$920,000S$1,068,000
BUKIT MERAH65S$750,000 S$497,500S$870,000 S$924,000
PASIR RIS59S$658,000 S$435,000S$555,000 S$670,000S$838,000
SERANGOON43S$638,000 S$420,444S$580,000 S$785,000S$934,000
PUNGGOL160S$590,000 S$470,000S$588,000 S$690,000S$721,500
BUKIT BATOK108S$590,000 S$420,000S$600,000 S$750,000S$890,000
TAMPINES145S$575,000 S$420,000S$560,000 S$670,000S$845,000
GEYLANG49S$570,000 S$331,000S$630,000 S$830,000S$870,000
SENGKANG172S$566,500 S$468,000S$540,000 S$627,500S$720,000
SEMBAWANG84S$550,000 S$440,000S$559,444 S$580,000S$786,000
MARINE PARADE9S$540,000 S$447,750S$545,000 S$800,000
HOUGANG105S$538,000 S$393,000S$525,000 S$715,000S$850,000
CLEMENTI35S$530,000 S$385,000S$570,178 S$1,000,000
WOODLANDS159S$525,000 S$380,000S$492,500 S$600,000S$810,000
BUKIT PANJANG71S$518,888 S$390,000S$498,000 S$645,000S$804,000
JURONG WEST143S$515,000 S$375,000S$495,444 S$580,000S$695,000
CHOA CHU KANG91S$515,000 S$401,000S$491,500 S$590,000S$744,444
JURONG EAST46S$512,000 S$381,750S$485,000 S$638,000S$770,000
CENTRAL AREA17S$500,000 S$470,000S$800,000 S$1,118,000
BEDOK90S$495,000 S$373,000S$525,000 S$688,000S$867,500
YISHUN146S$492,500 S$380,000S$503,500 S$650,888S$860,000
ANG MO KIO68S$435,944 S$386,000S$533,444 S$668,888
TOA PAYOH59S$420,000 S$350,000S$770,000 S$790,000S$936,500

Top transactions

BlockTypeLevelArea m² Price
Blk 138C LOR 1A TOA PAYOH 5 ROOM34 TO 36 114S$1,380,000
Blk 138C LOR 1A TOA PAYOH 5 ROOM37 TO 39 117S$1,328,000
Blk 126A KIM TIAN RD 5 ROOM40 TO 42 113S$1,320,000
Blk 1B CANTONMENT RD 4 ROOM28 TO 30 95S$1,320,000
Blk 125 KIM TIAN RD 5 ROOM10 TO 12 137S$1,260,000
Blk 3 TOH YI DR EXECUTIVE04 TO 06 146S$1,248,000
Blk 2 TOH YI DR EXECUTIVE01 TO 03 146S$1,200,000
Blk 86 DAWSON RD 5 ROOM28 TO 30 104S$1,200,000
Blk 816 WOODLANDS ST 82
★ Record price for an EXECUTIVE in Woodlands
EXECUTIVE07 TO 09 177S$1,150,000
Blk 312B CLEMENTI AVE 4 5 ROOM19 TO 21 113S$1,145,000