PropHerald

HDB Resale Report — February 2024

← January 2024 · all reports · March 2024 →

2,123 flats changed hands in February 2024 (-19.0% vs January 2024 · +15.6% vs February 2023). The median price across all flat types was S$568,000, and 49 crossed S$1 million. The month's top sale: an EXECUTIVE at Blk 286 BISHAN ST 24 for S$1,480,000.

At a glance

Flats resold

2,123

-19.0% vs January 2024 · +15.6% vs February 2023

Median price, all flat types

S$568,000

-0.4% vs January 2024 · +6.0% vs February 2023

S$1m+ resales

49

Median resale price, last 13 months

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

S$530,000S$550,000S$570,000Feb '23Aug '23Feb '24Feb '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 resalesJan '24 · S$570,000 median · 2,621 resalesFeb '24 · S$568,000 median · 2,123 resalesS$568,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM901 S$570,000S$554 9376y
3 ROOM528 S$405,000S$546 6860y
5 ROOM492 S$650,000S$514 11576y
EXECUTIVE137 S$825,000S$535 14669y
2 ROOM63 S$335,000S$692 4794y
MULTI-GENERATION2 S$989,000S$622 14963y

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$1,054,000 S$520,000S$600,000 S$1,100,000S$1,270,000
BUKIT MERAH76S$780,000 S$400,000S$904,500 S$906,500—
BISHAN22S$749,500 S$483,000S$734,500 S$900,000S$1,295,000
QUEENSTOWN46S$741,500 S$360,000S$888,500 S$1,130,000—
SERANGOON34S$656,900 S$400,000S$640,000 S$744,000S$1,019,444
PUNGGOL179S$630,000 S$486,888S$638,000 S$715,444S$750,444
TAMPINES138S$625,000 S$440,000S$605,000 S$695,000S$900,000
PASIR RIS50S$605,444 S$535,000S$572,000 S$695,000S$815,000
KALLANG/WHAMPOA59S$600,000 S$400,500S$750,000 S$888,000—
CLEMENTI41S$600,000 S$390,000S$870,000 S$969,000S$1,046,944
SENGKANG147S$595,000 S$455,944S$569,000 S$620,000S$819,000
BUKIT PANJANG58S$593,500 S$390,000S$555,000 S$645,000S$780,000
BUKIT BATOK154S$560,000 S$385,444S$590,000 S$745,000S$831,944
SEMBAWANG88S$554,444 S$437,500S$559,500 S$588,000S$690,000
WOODLANDS164S$550,000 S$430,000S$500,000 S$610,000S$830,500
HOUGANG126S$547,500 S$416,944S$545,000 S$666,944S$865,000
CHOA CHU KANG98S$539,444 S$378,000S$509,000 S$590,000S$765,000
TOA PAYOH56S$526,500 S$385,000S$760,000 S$802,827S$1,114,444
MARINE PARADE6S$517,500 S$470,000S$550,000 S$888,000—
JURONG WEST165S$510,000 S$370,000S$495,000 S$575,000S$701,500
CENTRAL AREA12S$504,444 S$500,000S$815,000 S$1,400,000—
YISHUN141S$500,000 S$409,888S$523,500 S$648,000S$835,000
GEYLANG43S$488,000 S$350,000S$564,000 S$818,000S$949,888
ANG MO KIO77S$460,000 S$403,000S$546,000 S$820,000—
BEDOK90S$458,500 S$377,500S$530,000 S$688,000S$960,000
JURONG EAST47S$418,000 S$368,000S$512,500 S$650,000S$877,500

Top transactions

BlockTypeLevelArea m² Price
Blk 286 BISHAN ST 24
★ Record price for an EXECUTIVE in Bishan
 EXECUTIVE22 TO 24 172S$1,480,000
Blk 1F CANTONMENT RD 5 ROOM31 TO 33 106S$1,400,000
Blk 58 JLN MA'MOR
★ Record price for a 3 ROOM in Kallang/Whampoa
 3 ROOM01 TO 03 208S$1,280,000
Blk 10 TOH YI DR EXECUTIVE04 TO 06 146S$1,270,000
Blk 588C ANG MO KIO ST 52
★ Record price for a 5 ROOM in Ang Mo Kio
 5 ROOM13 TO 15 120S$1,268,000
Blk 311C CLEMENTI AVE 4 5 ROOM28 TO 30 105S$1,190,000
Blk 122 KIM TIAN RD 5 ROOM13 TO 15 126S$1,180,000
Blk 312C CLEMENTI AVE 4 5 ROOM25 TO 27 113S$1,170,000
Blk 139B LOR 1A TOA PAYOH 5 ROOM07 TO 09 110S$1,170,000
Blk 129 POTONG PASIR AVE 1 EXECUTIVE01 TO 03 161S$1,160,000