PropHerald

HDB Resale Report — December 2023

← November 2023 · all reports · January 2024 →

2,004 flats changed hands in December 2023 (-5.8% vs November 2023 · -10.3% vs December 2022). The median price across all flat types was S$560,000, and 48 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1B CANTONMENT RD for S$1,420,000.

At a glance

Flats resold

2,004

-5.8% vs November 2023 · -10.3% vs December 2022

Median price, all flat types

S$560,000

+0.0% vs November 2023 · +5.7% vs December 2022

S$1m+ resales

48

Median resale price, last 13 months

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

S$530,000S$545,000S$560,000Dec '22Jun '23Dec '23Dec '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 resalesOct '23 · S$555,000 median · 2,189 resalesNov '23 · S$560,000 median · 2,128 resalesDec '23 · S$560,000 median · 2,004 resalesS$560,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM862 S$564,000S$553 9378y
3 ROOM504 S$395,000S$534 6759y
5 ROOM455 S$660,000S$522 11576y
EXECUTIVE116 S$796,500S$519 14471y
2 ROOM66 S$331,500S$686 4794y
MULTI-GENERATION1 S$975,000S$506 17963y

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$1,180,000 —— S$1,115,000S$1,350,000
BISHAN30S$815,000 S$485,000S$735,000 S$930,000S$1,050,000
BUKIT MERAH71S$750,000 S$410,000S$878,000 S$959,000—
PASIR RIS37S$660,000 S$610,000S$575,000 S$660,000S$802,500
QUEENSTOWN45S$655,000 S$393,500S$923,888 S$920,000—
TOA PAYOH58S$610,000 S$388,000S$760,000 S$900,000—
TAMPINES116S$602,500 S$432,500S$578,888 S$685,000S$878,000
PUNGGOL141S$600,888 S$485,000S$610,000 S$679,000S$750,000
KALLANG/WHAMPOA57S$600,000 S$384,000S$830,000 S$900,888S$967,500
SENGKANG153S$595,000 S$473,000S$580,000 S$615,000S$698,000
SERANGOON35S$579,000 S$390,000S$600,000 S$750,000S$947,500
HOUGANG139S$565,000 S$400,000S$569,000 S$663,188S$908,000
SEMBAWANG88S$562,500 S$465,000S$548,000 S$650,000S$685,000
WOODLANDS146S$552,000 S$388,000S$526,500 S$600,000S$760,000
BUKIT PANJANG58S$549,444 S$418,000S$505,000 S$608,000S$810,500
MARINE PARADE14S$549,000 S$443,000S$570,000 S$840,000—
CHOA CHU KANG72S$533,444 S$390,000S$510,000 S$595,000S$745,000
BUKIT BATOK107S$530,000 S$380,000S$580,000 S$780,000S$821,500
CENTRAL AREA14S$522,500 S$503,000S$1,158,000 S$1,320,000—
YISHUN141S$511,888 S$409,500S$525,000 S$678,000S$785,000
JURONG WEST143S$510,000 S$368,000S$500,000 S$585,000S$688,000
CLEMENTI37S$485,000 S$380,000S$567,500 S$900,000S$1,006,000
BEDOK108S$485,000 S$380,000S$515,000 S$695,000S$980,000
JURONG EAST51S$480,000 S$368,000S$500,000 S$623,944S$910,000
ANG MO KIO93S$440,000 S$395,000S$538,888 S$885,000—
GEYLANG47S$405,000 S$345,000S$632,500 S$763,000S$1,028,000

Top transactions

BlockTypeLevelArea m² Price
Blk 1B CANTONMENT RD 5 ROOM28 TO 30 105S$1,420,000
Blk 1C CANTONMENT RD
★ Record price for a 4 ROOM in Central Area
 4 ROOM46 TO 48 93S$1,410,888
Blk 9B BOON TIONG RD 5 ROOM19 TO 21 112S$1,400,000
Blk 2 TOH YI DR
★ Record price for an EXECUTIVE in Bukit Timah
 EXECUTIVE10 TO 12 146S$1,350,000
Blk 1A CANTONMENT RD 5 ROOM10 TO 12 107S$1,320,000
Blk 96A HENDERSON RD 5 ROOM04 TO 06 113S$1,288,000
Blk 4A BOON TIONG RD 5 ROOM13 TO 15 115S$1,250,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM16 TO 18 113S$1,228,000
Blk 139A LOR 1A TOA PAYOH 5 ROOM13 TO 15 113S$1,215,000
Blk 588C ANG MO KIO ST 52
★ Record price for a 5 ROOM in Ang Mo Kio
 5 ROOM25 TO 27 117S$1,200,000