HDB resale market report: May 2017
1,980 HDB resale flats were sold in May 2017, 8% more than in Apr 2017 and 8% more than a year earlier. The median 4-room flat sold for $408k ($394 per sq ft), 1.3% up on a year before per square foot. 6 flats sold for $1 million or more (2 a year earlier). 6 new town records were set.
1,980
flats sold · ▲ 8% on Apr
$410k
median price, all flats
6
sold for $1M+
6
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Apr | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 504 | $305k | $412 | ▼ 0.5% | ▼ 2.6% |
| 4-room | 825 | $408k | $394 | ▲ 0.8% | ▲ 1.3% |
| 5-room | 488 | $480k | $382 | ▼ 0.5% | ▲ 0.8% |
| Executive | 144 | $588k | $386 | ▼ 0.5% | ▲ 0.8% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Bukit Merah ▲ 4.4% $586 psf
- Queenstown ▲ 3.8% $627 psf
- Bishan ▲ 3.5% $564 psf
- Clementi ▲ 3.3% $485 psf
- Punggol ▲ 3.3% $435 psf
Towns rising slowest
- Jurong East ▼ 4.7% $382 psf
- Kallang/Whampoa ▼ 4.0% $510 psf
- Bukit Batok ▼ 3.9% $377 psf
- Jurong West ▼ 3.5% $365 psf
- Sembawang ▼ 2.6% $342 psf
Median $psf over the 3 months to May 2017 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Jurong West 162 · Woodlands 154 · Sengkang 154 · Yishun 137 · Tampines 131
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| May 2017 | Blk 1D Cantonment Rd Central Area |
5-room | 34–36 | 105 | Type S2 | 93y | $1,080,000 | $956 |
| May 2017 | Blk 1F Cantonment Rd Central Area |
5-room | 43–45 | 107 | Type S2 | 93y | $1,058,000 | $919 |
| May 2017 | Blk 1E Cantonment Rd Central Area |
5-room | 28–30 | 107 | Type S2 | 93y | $1,028,000 | $893 |
| May 2017 | Blk 2 Toh Yi Dr Bukit Timah |
Executive | 13–15 | 146 | Maisonette | 70y | $1,015,000 | $646 |
| May 2017 | Blk 273B Bishan St 24 Bishan |
5-room | 31–33 | 120 | DBSS | 93y | $1,006,000 | $779 |
| May 2017 | Blk 273A Bishan St 24 Bishan |
5-room | 25–27 | 120 | DBSS | 93y | $1,000,000 | $774 |
| May 2017 | Blk 135 Bishan St 12 Bishan |
Executive | 22–24 | 150 | Maisonette | 69y | $980,000 | $607 |
| May 2017 | Blk 273A Bishan St 24 Bishan |
5-room | 16–18 | 120 | DBSS | 93y | $980,000 | $759 |
| May 2017 | Blk 9 Boon Keng Rd Kallang/Whampoa |
5-room | 25–27 | 117 | DBSS | 93y | $978,000 | $777 |
| May 2017 | Blk 9 Boon Keng Rd Kallang/Whampoa |
5-room | 25–27 | 117 | DBSS | 93y | $970,000 | $770 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 2 Toh Yi Dr Bukit Timah | Executive | $1,015,000 | $1,000,000 |
| Blk 275A Bishan St 24 Bishan | 4-room | $832,000 | $818,000 |
| Blk 310B Ang Mo Kio Ave 1 Ang Mo Kio | 4-room | $780,000 | $756,000 |
| Blk 181 Jelebu Rd Bukit Panjang | 4-room | $580,000 | $570,000 |
| Blk 601D Punggol Ctrl Punggol | 2-room | $305,000 | $295,000 |
| Blk 459 Yishun Ave 11 Yishun | 2-room | $255,000 | $240,000 |
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 May 2017 can still be added.