Flat Prices

HDB resale market report: Feb 2017

1,085 HDB resale flats were sold in Feb 2017, 8% fewer than in Jan 2017 and 10% fewer than a year earlier. The median 4-room flat sold for $408k ($400 per sq ft), 2.3% up on a year before per square foot. 1 flat sold for $1 million or more (0 a year earlier). 3 new town records were set.

1,085
flats sold · ▼ 8% on Jan
$415k
median price, all flats
1
sold for $1M+
3
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Jan$psf vs a year before
3-room262$305k$421▲ 0.0%▲ 0.7%
4-room430$408k$400▲ 3.1%▲ 2.3%
5-room274$484k$379▲ 0.8%▲ 0.5%
Executive104$587k$394▲ 1.8%▼ 1.0%

Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.

Towns rising fastest

  1. Punggol ▲ 7.5% $430 psf
  2. Bishan ▲ 5.3% $555 psf
  3. Clementi ▲ 3.6% $478 psf
  4. Bedok ▲ 1.9% $426 psf
  5. Toa Payoh ▲ 1.8% $446 psf

Towns rising slowest

  1. Jurong West ▼ 3.4% $367 psf
  2. Pasir Ris ▼ 3.4% $346 psf
  3. Bukit Batok ▼ 3.2% $375 psf
  4. Bukit Merah ▼ 3.0% $546 psf
  5. Sembawang ▼ 2.9% $343 psf

Median $psf over the 3 months to Feb 2017 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Sengkang 83 · Yishun 82 · Woodlands 74 · Bedok 71 · Tampines 70

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Feb 2017 Blk 273B Bishan St 24
Bishan
5-room 40–42 120 DBSS 93y $1,180,000 $914
Feb 2017 Blk 53 Havelock Rd
Bukit Merah
5-room 34–36 114 Improved 95y $980,000 $799
Feb 2017 Blk 56 Havelock Rd
Bukit Merah
5-room 19–21 115 Improved 95y $955,000 $771
Feb 2017 Blk 423 Serangoon Ctrl
Serangoon
Executive 10–12 154 Maisonette 71y $938,888 $566
Feb 2017 Blk 7 C'wealth Ave
Queenstown
5-room 22–24 136 Model A 78y $935,000 $639
Feb 2017 Blk 150 Mei Ling St
Queenstown
Executive 16–18 150 Apartment 77y $930,000 $576
Feb 2017 Blk 132 Potong Pasir Ave 1
Toa Payoh
Executive 01–03 161 Maisonette 66y $925,000 $534
Feb 2017 Blk 7 Toh Yi Dr
Bukit Timah
Executive 04–06 146 Maisonette 71y $910,000 $579
Feb 2017 Blk 8 Boon Keng Rd
Kallang/Whampoa
5-room 40–42 107 DBSS 93y $910,000 $790
Feb 2017 Blk 81 Lor 4 Toa Payoh
Toa Payoh
5-room 22–24 122 Improved 79y $900,000 $685

New town records

BlockTypePricePrevious record
Blk 273B Bishan St 24
Bishan
5-room$1,180,000$1,038,000
Blk 53 Havelock Rd
Bukit Merah
5-room$980,000$968,000
Blk 423 Serangoon Ctrl
Serangoon
Executive$938,888$930,000

From HDB's resale transactions on data.gov.sg as at Oct 2026. Sales are counted in the month their resale was registered; a few more for Feb 2017 can still be added.