HDB Resale Report — May 2024

← April 2024 · all reports · June 2024 →

2,490 flats changed hands in May 2024 (+5.1% vs April 2024 · +10.9% vs May 2023). The median price across all flat types was S$580,000, and 73 crossed S$1 million. The month's top sale: a 5 ROOM at Blk 1C CANTONMENT RD for S$1,515,000.

At a glance

Flats resold

2,490

+5.1% vs April 2024 · +10.9% vs May 2023

Median price, all flat types

S$580,000

+1.8% vs April 2024 · +5.5% vs May 2023

S$1m+ resales

73

Median resale price, last 13 months

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

S$550,000S$565,000S$580,000May '23Nov '23May '24May '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 resalesApr '24 · S$570,000 median · 2,370 resalesMay '24 · S$580,000 median · 2,490 resalesS$580,000

By flat type

Flat typeResalesMedian price Median S$ psfMedian area m² Median lease left
4 ROOM1,050 S$580,000S$568 9377y
3 ROOM647 S$405,000S$554 6759y
5 ROOM556 S$684,000S$534 11675y
EXECUTIVE175 S$840,000S$541 14669y
2 ROOM61 S$330,000S$677 4794y
1 ROOM1 S$242,000S$725 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
BUKIT TIMAH2S$812,500 S$445,000 S$1,180,000
BUKIT MERAH96S$743,000 S$409,444S$895,000 S$992,500
TOA PAYOH60S$716,000 S$385,000S$879,000 S$1,000,000S$1,000,888
BISHAN33S$712,666 S$525,000S$712,666 S$964,000S$1,305,000
PASIR RIS79S$688,000 S$532,944S$594,000 S$695,000S$867,844
KALLANG/WHAMPOA82S$639,000 S$400,000S$787,500 S$920,000S$1,050,000
PUNGGOL163S$618,000 S$500,000S$618,000 S$702,000S$772,500
SENGKANG176S$617,000 S$480,000S$602,500 S$650,000S$735,000
TAMPINES188S$616,944 S$455,888S$611,000 S$728,000S$900,000
HOUGANG139S$615,000 S$430,000S$588,000 S$701,144S$888,000
QUEENSTOWN65S$605,000 S$400,000S$902,500 S$1,119,444
CENTRAL AREA11S$600,000 S$559,000S$785,000 S$1,133,500
SERANGOON39S$600,000 S$414,000S$627,500 S$755,000S$965,444
BUKIT PANJANG72S$590,000 S$424,000S$552,500 S$632,500S$832,500
BUKIT BATOK158S$590,000 S$389,500S$598,000 S$735,000S$840,000
SEMBAWANG88S$578,000 S$452,000S$572,500 S$617,000S$700,000
GEYLANG55S$578,000 S$345,000S$876,000 S$1,017,444S$912,500
WOODLANDS169S$555,000 S$415,444S$528,000 S$625,000S$840,000
CHOA CHU KANG133S$540,888 S$390,000S$512,000 S$595,000S$766,500
YISHUN149S$515,000 S$401,000S$535,000 S$650,000S$832,944
JURONG WEST165S$512,000 S$350,000S$495,888 S$600,000S$757,500
MARINE PARADE20S$507,500 S$424,000S$523,000 S$894,444
BEDOK141S$490,000 S$380,000S$528,000 S$774,000S$980,000
CLEMENTI45S$478,000 S$388,000S$660,000 S$775,000
JURONG EAST64S$476,000 S$380,000S$495,000 S$650,000S$916,944
ANG MO KIO98S$450,000 S$390,000S$612,944 S$710,000S$1,094,888

Top transactions

BlockTypeLevelArea m² Price
Blk 1C CANTONMENT RD
★ Record price for a 5 ROOM in Central Area
5 ROOM37 TO 39 106S$1,515,000
Blk 275A BISHAN ST 24
★ Record price for a 5 ROOM in Bishan
5 ROOM22 TO 24 120S$1,500,000
Blk 286 BISHAN ST 24
★ Record price for an EXECUTIVE in Bishan
EXECUTIVE22 TO 24 172S$1,500,000
Blk 1C CANTONMENT RD
★ Record price for a 4 ROOM in Central Area
4 ROOM46 TO 48 93S$1,450,000
Blk 241 BISHAN ST 22 EXECUTIVE07 TO 09 141S$1,448,000
Blk 138C LOR 1A TOA PAYOH 5 ROOM16 TO 18 110S$1,310,000
Blk 187 BISHAN ST 13 EXECUTIVE10 TO 12 146S$1,305,000
Blk 89 TANGLIN HALT RD 5 ROOM19 TO 21 110S$1,250,000
Blk 1B CANTONMENT RD 4 ROOM10 TO 12 93S$1,248,888
Blk 219 BISHAN ST 23 EXECUTIVE07 TO 09 146S$1,242,000