HDB Resale Report — March 2024

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2,046 flats changed hands in March 2024 (-3.6% vs February 2024 · -10.1% vs March 2023). The median price across all flat types was S$572,000, and 60 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 9A BOON TIONG RD for S$1,450,000.

At a glance

Flats resold

2,046

-3.6% vs February 2024 · -10.1% vs March 2023

Median price, all flat types

S$572,000

+0.7% vs February 2024 · +5.2% vs March 2023

S$1m+ resales

60

Median resale price, last 13 months

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

S$540,000S$560,000S$580,000Mar '23Sep '23Mar '24Mar '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 resalesMar '24 · S$572,000 median · 2,046 resalesS$572,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM864 S$570,000S$563 9378y
5 ROOM503 S$668,888S$524 11576y
3 ROOM488 S$405,000S$542 6759y
EXECUTIVE129 S$830,000S$534 14569y
2 ROOM59 S$335,000S$688 4794y
MULTI-GENERATION2 S$1,130,000S$637 16563y
1 ROOM1 S$230,000S$689 3150y

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
BISHAN25S$800,888 S$489,444S$708,000 S$950,000S$1,170,000
BUKIT MERAH92S$744,000 S$380,888S$872,500 S$850,000
KALLANG/WHAMPOA63S$670,000 S$428,000S$866,500 S$888,000S$975,000
PASIR RIS54S$660,000 S$520,000S$565,000 S$660,000S$840,500
QUEENSTOWN51S$655,000 S$440,000S$895,000 S$988,888S$1,200,000
TAMPINES159S$638,000 S$445,000S$600,188 S$718,000S$896,944
PUNGGOL149S$625,000 S$490,000S$633,000 S$725,000S$745,000
BUKIT TIMAH5S$620,000 S$450,000S$620,000 S$1,020,000
SENGKANG140S$618,888 S$483,444S$600,500 S$633,888S$734,000
BUKIT PANJANG63S$575,000 S$400,000S$530,000 S$650,000S$822,500
SERANGOON33S$570,000 S$415,000S$568,000 S$743,888S$1,075,000
SEMBAWANG65S$570,000 S$453,000S$565,000 S$592,500S$690,000
BUKIT BATOK121S$568,000 S$377,000S$608,888 S$747,888S$800,000
HOUGANG119S$565,000 S$389,000S$562,000 S$739,888S$920,000
CLEMENTI45S$560,000 S$380,000S$600,000 S$1,130,000S$1,000,000
CHOA CHU KANG100S$547,500 S$420,000S$517,500 S$588,944S$742,500
JURONG WEST163S$545,000 S$355,000S$500,000 S$585,000S$732,750
YISHUN148S$540,000 S$400,000S$542,000 S$661,500S$825,000
WOODLANDS125S$540,000 S$393,000S$520,000 S$612,500S$894,000
MARINE PARADE7S$528,000 S$433,444S$528,000 S$927,500
CENTRAL AREA23S$522,000 S$500,000S$770,000 S$1,108,444
BEDOK89S$486,000 S$380,000S$502,000 S$750,000S$1,040,000
TOA PAYOH54S$476,000 S$360,000S$808,250 S$977,500
JURONG EAST41S$465,000 S$375,888S$484,888 S$648,000S$860,000
ANG MO KIO71S$462,000 S$415,000S$555,000 S$720,000
GEYLANG41S$450,000 S$325,000S$613,444 S$828,000S$938,888

Top transactions

BlockTypeLevelArea m² Price
Blk 9A BOON TIONG RD 5 ROOM19 TO 21 112S$1,450,000
Blk 1E CANTONMENT RD 5 ROOM16 TO 18 107S$1,378,888
Blk 1A CANTONMENT RD 4 ROOM46 TO 48 97S$1,370,000
Blk 1G CANTONMENT RD 4 ROOM31 TO 33 95S$1,350,000
Blk 273B BISHAN ST 24 5 ROOM04 TO 06 120S$1,320,000
Blk 62A STRATHMORE AVE 5 ROOM07 TO 09 117S$1,280,000
Blk 312A CLEMENTI AVE 4 5 ROOM37 TO 39 113S$1,260,000
Blk 1B CANTONMENT RD 4 ROOM16 TO 18 93S$1,220,000
Blk 440C CLEMENTI AVE 3 5 ROOM04 TO 06 112S$1,210,000
Blk 312B CLEMENTI AVE 4 5 ROOM22 TO 24 113S$1,210,000