Flat Prices

HDB resale market report: Mar 2017

1,903 HDB resale flats were sold in Mar 2017, 75% more than in Feb 2017 and 15% more than a year earlier. The median 4-room flat sold for $418k ($408 per sq ft), 4.3% up on a year before per square foot. 4 flats sold for $1 million or more (2 a year earlier). 2 new town records were set.

1,903
flats sold · ▲ 75% on Feb
$415k
median price, all flats
4
sold for $1M+
2
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Feb$psf vs a year before
3-room492$306k$416▼ 1.2%▼ 1.7%
4-room795$418k$408▲ 2.0%▲ 4.3%
5-room453$477k$372▼ 1.8%▼ 1.3%
Executive145$600k$394▲ 0.0%▲ 3.7%

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

Towns rising fastest

  1. Toa Payoh ▲ 6.1% $465 psf
  2. Bishan ▲ 4.1% $558 psf
  3. Punggol ▲ 3.9% $430 psf
  4. Clementi ▲ 2.0% $472 psf
  5. Geylang ▲ 1.9% $451 psf

Towns rising slowest

  1. Queenstown ▼ 6.2% $574 psf
  2. Serangoon ▼ 4.9% $436 psf
  3. Jurong West ▼ 3.1% $372 psf
  4. Bukit Batok ▼ 2.4% $380 psf
  5. Jurong East ▼ 2.2% $389 psf

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

Busiest towns

Sengkang 148 · Jurong West 143 · Woodlands 132 · Punggol 121 · Tampines 118

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Mar 2017 Blk 1G Cantonment Rd
Central Area
5-room 40–42 106 Type S2 93y $1,116,000 $978
Mar 2017 Blk 186 Bishan St 13
Bishan
Executive 10–12 146 Maisonette 69y $1,088,000 $692
Mar 2017 Blk 1D Cantonment Rd
Central Area
5-room 46–48 107 Type S2 93y $1,046,000 $908
Mar 2017 Blk 275A Bishan St 24
Bishan
5-room 31–33 120 DBSS 93y $1,000,000 $774
Mar 2017 Blk 273A Bishan St 24
Bishan
5-room 28–30 120 DBSS 93y $985,000 $763
Mar 2017 Blk 7 Boon Keng Rd
Kallang/Whampoa
5-room 22–24 117 DBSS 93y $979,000 $777
Mar 2017 Blk 23 Ghim Moh Link
Queenstown
5-room 16–18 113 Improved 95y $955,000 $785
Mar 2017 Blk 1E Cantonment Rd
Central Area
4-room 49–51 94 Type S1 93y $953,000 $942
Mar 2017 Blk 1A Cantonment Rd
Central Area
4-room 28–30 94 Type S1 93y $945,000 $934
Mar 2017 Blk 134 Bishan St 12
Bishan
Executive 13–15 151 Apartment 68y $940,000 $578

New town records

BlockTypePricePrevious record
Blk 55 Stirling Rd
Queenstown
3-room$888,889$880,000
Blk 168A Simei Lane
Tampines
5-room$770,000$760,000

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 Mar 2017 can still be added.