HDB Resale Report — August 2023

← July 2023 · all reports · September 2023 →

2,467 flats changed hands in August 2023 (+20.2% vs July 2023 · +6.8% vs August 2022). The median price across all flat types was S$555,000, and 54 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1D CANTONMENT RD for S$1,480,000.

At a glance

Flats resold

2,467

+20.2% vs July 2023 · +6.8% vs August 2022

Median price, all flat types

S$555,000

+0.0% vs July 2023 · +6.3% vs August 2022

S$1m+ resales

54

Median resale price, last 13 months

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

S$520,000S$540,000S$560,000Aug '22Feb '23Aug '23Aug '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 resalesAug '23 · S$555,000 median · 2,467 resalesS$555,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,068 S$559,444S$553 9379y
3 ROOM627 S$390,000S$529 6760y
5 ROOM548 S$650,000S$510 11775y
EXECUTIVE150 S$829,000S$524 14670y
2 ROOM74 S$322,000S$656 4790y

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$1,150,000 S$470,000S$755,000 S$1,200,000
CENTRAL AREA20S$787,500 S$455,000S$1,200,000 S$1,204,000
QUEENSTOWN55S$778,000 S$426,000S$906,500 S$918,000
BISHAN32S$775,500 S$520,000S$750,000 S$914,000S$1,150,000
BUKIT MERAH121S$758,000 S$405,844S$850,000 S$894,000
PASIR RIS51S$640,000 S$550,000S$545,000 S$656,000S$838,000
PUNGGOL189S$603,000 S$470,000S$610,000 S$640,000S$758,000
SENGKANG198S$585,000 S$462,888S$572,444 S$630,000S$785,000
TAMPINES125S$585,000 S$422,500S$571,000 S$675,000S$880,000
CLEMENTI46S$576,500 S$412,500S$596,500 S$743,888S$1,100,000
JURONG EAST50S$560,000 S$380,000S$507,500 S$650,000S$938,000
KALLANG/WHAMPOA80S$559,444 S$376,000S$707,500 S$970,000
SEMBAWANG100S$550,944 S$460,000S$560,000 S$593,444S$678,888
BUKIT BATOK143S$550,000 S$375,000S$590,000 S$760,000S$834,000
SERANGOON46S$549,000 S$417,944S$583,000 S$717,500S$865,888
HOUGANG134S$544,000 S$388,000S$521,500 S$658,000S$899,000
CHOA CHU KANG95S$538,000 S$370,000S$512,000 S$572,500S$705,000
JURONG WEST147S$535,000 S$351,900S$494,000 S$590,000S$700,000
WOODLANDS178S$535,000 S$398,000S$500,000 S$590,000S$774,000
BUKIT PANJANG58S$534,444 S$423,900S$500,000 S$630,000S$722,000
GEYLANG66S$532,500 S$350,000S$636,944 S$635,000S$890,000
MARINE PARADE17S$520,000 S$435,000S$572,000 S$890,500
YISHUN182S$487,750 S$380,000S$495,000 S$650,000S$808,000
TOA PAYOH77S$455,000 S$348,888S$730,000 S$770,000S$1,090,000
BEDOK139S$455,000 S$370,000S$500,000 S$682,000S$880,000
ANG MO KIO113S$430,000 S$380,000S$555,000 S$848,000S$1,100,000

Top transactions

BlockTypeLevelArea m² Price
Blk 1D CANTONMENT RD
★ Record price for a 5 ROOM in Central Area
5 ROOM28 TO 30 107S$1,480,000
Blk 139B LOR 1A TOA PAYOH
★ Record price for a 5 ROOM in Toa Payoh
5 ROOM40 TO 42 114S$1,460,000
Blk 1B CANTONMENT RD
★ Record price for a 4 ROOM in Central Area
4 ROOM49 TO 51 94S$1,410,000
Blk 96A HENDERSON RD 5 ROOM43 TO 45 113S$1,375,000
Blk 9B BOON TIONG RD 5 ROOM22 TO 24 112S$1,325,000
Blk 1G CANTONMENT RD 4 ROOM46 TO 48 93S$1,320,000
Blk 1G CANTONMENT RD 4 ROOM37 TO 39 95S$1,305,000
Blk 88 DAWSON RD 5 ROOM31 TO 33 104S$1,270,000
Blk 1C CANTONMENT RD 4 ROOM31 TO 33 94S$1,233,000
Blk 1B CANTONMENT RD 4 ROOM19 TO 21 93S$1,220,000