HDB Resale Report — September 2023

← August 2023 · all reports · October 2023 →

1,974 flats changed hands in September 2023 (-20.0% vs August 2023 · -23.4% vs September 2022). The median price across all flat types was S$550,000, and 42 crossed S$1 million. The month's top sale: an EXECUTIVE at Blk 278 BISHAN ST 24 for S$1,450,000.

At a glance

Flats resold

1,974

-20.0% vs August 2023 · -23.4% vs September 2022

Median price, all flat types

S$550,000

-0.9% vs August 2023 · +2.2% vs September 2022

S$1m+ resales

42

Median resale price, last 13 months

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

S$530,000S$545,000S$560,000Sep '22Mar '23Sep '23Sep '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 resalesSep '23 · S$550,000 median · 1,974 resalesS$550,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM870 S$555,000S$541 9377y
3 ROOM491 S$390,000S$530 6760y
5 ROOM441 S$650,000S$510 11576y
EXECUTIVE111 S$820,000S$528 14669y
2 ROOM61 S$323,000S$648 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 TIMAH6S$969,000 S$841,500 S$1,075,000
BISHAN29S$875,000 S$470,000S$691,500 S$956,500S$1,176,500
BUKIT MERAH92S$690,000 S$470,000S$856,950 S$965,000
PASIR RIS44S$618,000 S$590,000S$565,000 S$648,250S$820,000
SERANGOON41S$600,000 S$463,000S$567,500 S$712,500S$904,000
PUNGGOL149S$595,000 S$471,500S$600,000 S$710,000S$780,000
TOA PAYOH67S$590,000 S$360,000S$816,888 S$972,500S$1,055,000
TAMPINES122S$583,500 S$420,000S$581,000 S$690,000S$853,000
CLEMENTI44S$576,500 S$395,000S$765,000 S$957,500
KALLANG/WHAMPOA65S$575,000 S$381,000S$704,000 S$795,000S$1,026,500
SENGKANG133S$570,000 S$462,000S$550,000 S$632,388S$735,000
HOUGANG99S$560,000 S$408,000S$560,000 S$675,194S$850,888
GEYLANG52S$548,500 S$325,000S$566,500 S$750,000S$875,000
SEMBAWANG91S$535,000 S$442,000S$538,000 S$565,000S$711,944
BUKIT BATOK95S$535,000 S$380,000S$590,000 S$760,000S$750,674
BUKIT PANJANG58S$531,500 S$414,000S$525,500 S$597,500S$797,500
CHOA CHU KANG99S$525,000 S$395,000S$500,000 S$570,000S$719,000
JURONG WEST149S$520,000 S$350,000S$505,000 S$570,500S$690,000
WOODLANDS157S$520,000 S$350,000S$500,000 S$585,000S$802,000
YISHUN124S$500,000 S$393,500S$511,000 S$640,000S$740,000
ANG MO KIO75S$498,000 S$386,500S$520,000 S$700,000S$1,180,000
CENTRAL AREA13S$492,000 S$450,000S$944,000 S$1,168,000
BEDOK94S$475,444 S$371,000S$641,000 S$690,000S$934,000
JURONG EAST27S$465,000 S$380,000S$465,000 S$545,000S$1,020,000
QUEENSTOWN44S$464,000 S$385,000S$842,000 S$900,000S$1,020,000
MARINE PARADE5S$445,000 S$428,000S$530,000 S$860,000

Top transactions

BlockTypeLevelArea m² Price
Blk 278 BISHAN ST 24
★ Record price for an EXECUTIVE in Bishan
EXECUTIVE19 TO 21 172S$1,450,000
Blk 273B BISHAN ST 24
★ Record price for a 5 ROOM in Bishan
5 ROOM34 TO 36 120S$1,430,000
Blk 95C HENDERSON RD
★ Record price for a 5 ROOM in Bukit Merah
5 ROOM34 TO 36 113S$1,430,000
Blk 1A CANTONMENT RD 4 ROOM49 TO 51 94S$1,393,939
Blk 138C LOR 1A TOA PAYOH 5 ROOM25 TO 27 114S$1,378,888
Blk 1C CANTONMENT RD 5 ROOM16 TO 18 105S$1,338,000
Blk 273A BISHAN ST 24 5 ROOM07 TO 09 120S$1,300,000
Blk 440C CLEMENTI AVE 3 5 ROOM13 TO 15 112S$1,280,000
Blk 38A BENDEMEER RD 5 ROOM25 TO 27 115S$1,250,888
Blk 1E CANTONMENT RD 4 ROOM37 TO 39 95S$1,250,000